GMP IPO Watch
LIC MF Banking and Financial Services Fund
Direct Plan · Growth · LIC Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +1.58% | +0.76% | 68 of 255 |
| 1M | -3.79% | -1.72% | 229 of 254 |
| 3M | -5.97% | -2.69% | 224 of 251 |
| 6M | -3.21% | +3.12% | 209 of 251 |
| YTD | -7.88% | -0.08% | 210 of 255 |
| 1Y | -4.76% | +0.26% | 153 of 228 |
| 2Y | +2.27% | -0.63% | 60 of 185 |
| 3Y | +6.50% | +11.33% | 111 of 141 |
| 5Y | +8.38% | +9.09% | 57 of 102 |
| 7Y | +10.29% | +14.65% | 69 of 83 |
| 10Y | +8.59% | +11.28% | 53 of 68 |
| INCEPTION | +7.61% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.79% | +38.94% | -42.95% | 62% | 24% |
| 6M | +5.31% | +56.12% | -39.85% | 67% | 26% |
| 1Y | +11.58% | +80.93% | -34.91% | 74% | 30% |
| 2Y | +10.52% | +41.52% | -17.10% | 86% | 37% |
| 3Y | +10.05% | +31.07% | -13.58% | 90% | 38% |
| 5Y | +10.05% | +23.95% | -5.50% | 93% | 40% |
| 7Y | +9.93% | +14.66% | +3.90% | 100% | 44% |
| 10Y | +10.25% | +14.00% | +7.39% | 100% | 44% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity95.70%
- Debt0.00%
- Cash4.30%
- Other0.00%
Market Cap Split
- Large Cap38.94%
- Mid Cap34.41%
- Small Cap22.35%
- Others4.30%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 20.77 | 17.84 |
| P/B | 2.62 | 2.31 |
| Price / Sales | 4.52 | 3.91 |
| Dividend Yield (%) | 0.71 | 1.13 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 13.61% | -0.37% |
| AU Small Finance Bank | Banks | 7.33% | -0.03% |
| Axis Bank | Banks | 5.32% | +0.05% |
| One 97 Communications | Financial Technology (Fintech) | 5.24% | +0.23% |
| HDFC Bank | Banks | 5.08% | +0.33% |
| Bajaj Finance | Finance | 4.86% | -0.14% |
| Indusind Bank | Banks | 4.62% | -0.25% |
| City Union Bank | Banks | 4.60% | +0.24% |
| Treps | Reverse Repo / TREPS | 4.47% | — |
| Shriram Finance | Finance | 4.00% | -0.22% |
| Karur Vysya Bank | Banks | 3.40% | +0.00% |
| BSE | Capital Markets | 3.29% | +0.03% |
| Nippon Life India AMC | Capital Markets | 3.28% | -0.08% |
| Motilal Oswal Financial Services | Capital Markets | 3.22% | +0.07% |
| DCB Bank | Banks | 3.02% | -0.01% |
View all 26 holdings
| Aditya Birla Capital | Finance | 3.02% | -0.01% |
| PB FinTech | Financial Technology (Fintech) | 2.99% | -1.93% |
| Cholamandalam Investment | Finance | 2.78% | -0.20% |
| Credit Access Grameen | Finance | 2.70% | +0.00% |
| Max Financial Services | Insurance | 2.42% | -0.16% |
| Ujjivan Small Finance Bank | Banks | 2.37% | +0.11% |
| Aditya Birla Sun Life AMC | Capital Markets | 2.36% | +0.03% |
| 360 One WAM | Capital Markets | 2.29% | -0.15% |
| Aadhar Housing Finance | Finance | 2.01% | -0.01% |
| Aavas Financiers | Finance | 1.89% | +0.05% |
| Net Receivables / (Payables) | Net Current Assets | -0.17% | — |
Sector Allocation · Sep 2026
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 14.26 | 23.03 | Low Volatility |
| 3Y | 16.72 | 17.41 | Low Volatility |
| 5Y | 16.63 | 17.23 | Low Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.20 | -0.05 | Poor Risk Adjusted Returns |
| 3Y | 0.07 | 0.25 | Poor Risk Adjusted Returns |
| 5Y | 0.25 | 0.30 | Poor Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.25 | -0.06 | Poor Risk Adjusted Returns |
| 3Y | 0.10 | 0.37 | Poor Risk Adjusted Returns |
| 5Y | 0.38 | 0.46 | Poor Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.97 | 1.04 | Good Risk Adjusted Returns |
| 3Y | 0.98 | 0.98 | None |
| 5Y | 0.99 | 1.01 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+99.60% | +55.10% | — | +28.54% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+27.34% | +22.09% | +9.79% | +8.89% |
|
Franklin Asian Equity Fund
Regular Plan · IDCW
|
+22.02% | +19.22% | +4.06% | +3.99% |
|
Motilal Oswal Active Momentum Fund
Direct Plan · Growth
|
+20.32% | — | — | +26.30% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+19.95% | +28.44% | — | +28.32% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+19.81% | +17.63% | +11.76% | +15.66% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+18.64% | — | — | +18.53% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+18.43% | — | — | +10.20% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.39% | +33.78% | — | +37.35% |
|
Nippon India US Equity Opportunities Fund
Regular Plan · Growth Option
|
+16.88% | +19.53% | +10.77% | +14.16% |
More From LIC Mutual Fund Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
LIC MF Value Fund
Direct Plan · Growth
|
+16.59% | +16.31% | — | +16.34% |
| LIC MF Gold Exchange Traded Fund | +14.95% | +34.41% | — | +31.33% |
|
LIC MF Gold ETF Fund of Fund
Direct Plan · Growth
|
+13.68% | +33.65% | — | +31.02% |
|
LIC MF Small Cap Fund
Direct Plan · Growth
|
+13.22% | +16.41% | — | +17.64% |
|
LIC MF Manufacturing Fund
Direct Plan · IDCW
|
+10.93% | — | — | +6.66% |
|
LIC MF Healthcare Fund
Direct Plan · Growth
|
+7.43% | +20.12% | — | +18.77% |
|
LIC MF Arbitrage Fund
Direct Plan · Growth
|
+6.75% | +7.11% | +6.64% | +5.98% |
|
LIC MF Ultra Short Term Fund
Direct Plan · Growth
|
+6.68% | +7.21% | +6.34% | +5.72% |
|
LIC MF Money Market Fund
Direct Plan · IDCW
|
+6.55% | — | — | +6.82% |
|
LIC MF Liquid Fund
Direct Plan · Growth
|
+6.47% | +6.91% | +6.38% | +6.83% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking and financial services sector. There is no assurance that the investment objective of the Scheme will be realized.
Stated Asset Allocation
Equity and Equity related securities of Banking and Financial Services Companies:80-100%, Equity & equity related instrument other than Banking & Financial Services Companies, Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold / Silver ETFs:0-20%. Please refer the Scheme Information Document for complete details.
Exit Load
12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 90 days from the date of allotment of units. 1% on remaining units if redeemed or switched out on or before completion of 90 days from the date of allotment of units. Nil, if redeemed or switched out after completion of 90 days from the date of allotment of units.
Fund Managers
Mr. Sudhanshu Asthana
Fund Manager
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.