LIC MF Banking & Fina Serv Fund - Dir (IDCW)

Sectoral / Thematic

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NAV
23.23(0.74%)
Fund Size (CR)
₹262.05
Expense Ratio
1.16
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹500
Minimum SIP Investment
₹100
Minimum Withdrawal
₹500
Exit Load
0%
Return Since Launch
7.84%

Absolute Return: -8.85%

Annualized Return: 0%

Basic Details

Scheme Manager

Sudhanshu Asthana

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	May 15, 2026	9960.12	-0.40%	-	0.53%	853/1007
1 Month	April 22, 2026	9565.47	-4.35%	-	-0.14%	959/1007
3 Month	February 20, 2026	9193.32	-8.07%	-	0.36%	953/987
6 Month	November 21, 2025	9225.45	-7.75%	-	-0.64%	797/940
1 Year	May 22, 2025	10226.06	2.26%	2.26%	5.98%	506/868
3 Year	May 22, 2023	13153.95	31.54%	9.56%	17.98%	478/522
5 Year	May 21, 2021	16861.06	68.61%	11.00%	15.03%	349/434
Since Inception	March 27, 2015	23228.30	132.28%	7.84%	10.55%	672/1007

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	June 2, 2025	1,20,000	116834.46	-2.64%	-2.64%
3 Year	June 1, 2023	3,60,000	389349.72	8.15%	2.65%
5 Year	June 1, 2021	6,00,000	758602.75	26.43%	4.80%
10 Year	June 1, 2016	12,00,000	2030211.06	69.18%	5.40%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.44%

Standard Deviation

0.95%

Beta

0.24%

Sharpe Ratio

0.00%

Treynor's Ratio

-0.06%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	15.24%	517386	39.93	Equity	Banks
ICICI Bank	12.25%	253994	32.09	Equity	Banks
Axis Bank	8.19%	169239	21.46	Equity	Banks
Kotak Mah. Bank	7.60%	519375	19.91	Equity	Banks
SBI	5.69%	139494	14.90	Equity	Banks
MAS FINANC SER	5.09%	392463	13.34	Equity	Finance
SBI Cards	2.83%	115064	7.41	Equity	Finance
CreditAcc. Gram.	2.70%	54394	7.07	Equity	Finance
Bajaj Finance	2.44%	68264	6.40	Equity	Finance
TVS Holdings	2.19%	4022	5.73	Equity	Finance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
LIC MF Banking & Fina Serv Fund - Dir (IDCW)	262.05	-4.35%	-8.07%	-7.75%	2.26%	9.56%
Nippon India Taiwan Equity Fund - Direct (G)	1138.67	11.46%	73.98%	124.77%	217.27%	66.46%
Nippon India Taiwan Equity Fund - Direct (IDCW)	1138.67	11.46%	73.98%	124.77%	217.27%	66.46%
Franklin Asian Equity Fund - Direct (G)	520.57	8.27%	11.93%	29.25%	48.56%	21.06%
Franklin Asian Equity Fund - Direct (IDCW)	520.57	8.27%	11.93%	29.25%	48.54%	21.05%
Nippon India Japan Equity Fund - Direct (G)	329.73	6.45%	7.38%	25.73%	37.58%	20.12%

List of Schemes under LIC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
LIC MF Equity Hybrid Fund	Hybrid	Very High	1.46%	2	₹508.75
LIC MF Medium to Long Duration Fund	Debt	Moderate	1.5%	4	₹185.18
LIC MF Flexi Cap Fund	Equity	Very High	6.21%	2	₹973.28
LIC MF Large Cap Fund	Equity	Very High	-5.39%	2	₹1,352.11
LIC MF Gilt Fund	Debt	Moderately Low	-3.09%	2	₹44.55
LIC MF Banking & PSU Fund	Debt	Moderate	3.54%	3	₹1,847.53
LIC MF Nifty 50 Index Fund	Other	Very High	-3.04%	2	₹360.09
LIC MF Infrastructure Fund	Equity	Very High	11.83%	4	₹1,046.65
LIC MF Liquid Fund	Debt	Moderately Low	6.23%	3	₹18,897.89
LIC MF Low Duration Fund	Debt	Moderately Low	5.8%	5	₹1,753.10
LIC MF ELSS Tax Saver	Equity	Very High	-4.97%	2	₹993.77
LIC MF BSE Sensex Index Fund	Other	Very High	-6.3%	2	₹90.99
LIC MF Equity Savings Fund	Hybrid	Moderately High	3.66%	1	₹33.91
LIC MF Nifty Next 50 Index Fund	Other	Very High	5.42%	1	₹103.38
LIC MF Gold Fund	Other	High	62.09%	3	₹779.49
LIC MF Conservative Hybrid Fund	Hybrid	Moderately High	1.21%	1	₹45.99
LIC MF Children's Fund	Solution Oriented	Very High	1.76%	1	₹14.85
LIC MF Large & Mid Cap Fund	Equity	Very High	-0.86%	2	₹2,958.49
LIC MF Banking & Fina Serv Fund	Equity	Very High	2.29%	1	₹262.05
LIC MF Midcap Fund	Equity	Very High	3.88%	2	₹346.56
LIC MF Small Cap Fund	Equity	Very High	8.63%	2	₹660.05
LIC MF Focused Fund	Equity	Very High	-3.81%	0	₹157.70
LIC MF Long Term Value Fund	Equity	Very High	13.32%	1	₹207.81
LIC MF Dividend Yield Fund	Equity	Very High	4.54%	0	₹661.28
LIC MF Arbitrage Fund	Hybrid	Low	6.27%	2	₹244.46
LIC MF Short Duration Fund	Debt	Moderate	4.03%	3	₹137.33
LIC MF Healthcare Fund	Equity	Very High	12.21%	2	₹84.53
LIC MF Overnight Fund	Debt	Moderately Low	5.37%	4	₹1,058.36
LIC MF Ultra Short Term Fund	Debt	Low	6.17%	5	₹409.64
LIC MF Balanced Advantage Fund	Hybrid	Very High	-2.71%	2	₹681.03
LIC MF Money Market Fund	Debt	Moderately Low	6.12%	1	₹5,604.30
LIC MF Multi Cap Fund	Equity	Very High	6.51%	0	₹1,849.35
LIC MF Manufacturing Fund	Equity	Very High	15.39%	0	₹750.93
LIC MF Multi Asset Allocation Fund	Hybrid	Very High	12.04%	0	₹940.47
LIC MF Consumption Fund	Equity	Very High	0%	0	₹472.32
LIC MF Technology Fund	Equity	Very High	0%	0	₹82.18

News

LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
LIC Mutual Fund has announced 25 May 2026 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following scheme. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.12
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LIC Mutual Fund announces Appointment of Key Personnel
LIC Mutual Fund has announced that Mr. Ashis Kumar has been appointed as the Chief Operating Officer (COO) and designated as a Key Personnel for the Schemes of LIC Mutual Fund with effect from 22(nd) April 2026.
Name: Mr. Ashis Kumar
Age: 56 years
Designation: Chief Operating Officer
Qualification: ' B.A (Honors) ' St Xavier's College, Ranchi
' Post Graduate Executive Program ' IIM Ahmedabad
' Fellow of Insurance Institute of India ' Insurance Institute of India .
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LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
LIC Mutual Fund has announced 27 April 2026 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following scheme. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.12

Fund House Details & Investment Objective

Date of Incorporation

March 9, 2015

Total AUM (Cr)

₹262.05

LIC MF Banking & Fina Serv Fund - Dir (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in March 9, 2015, this fund is managed by Sudhanshu Asthana. With assets under management (AUM) worth ₹262.05 (Cr), as of May 22, 2026, LIC MF Banking & Fina Serv Fund - Dir (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 7.84% since its launch.
The current NAV of LIC MF Banking & Fina Serv Fund - Dir (IDCW) is ₹23.23, as on May 22, 2026. The fund's benchmark index is Nifty Financial Services TRI. You can invest in LIC MF Banking & Fina Serv Fund - Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 9.56% and 11.00% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 94.49% in Equity, 5.70% in Debt and -0.16% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 56.33% in Banks, 26.93% in Finance, 7.51% in Capital Markets, 3.68% in Debt, 2.30% in Cash & Others

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