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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 | +3.76% | +3.52% | 134 of 255 |
| 1M | +0.12% | +1.97% | 213 of 255 |
| 3M | -8.70% | -3.45% | 243 of 252 |
| 6M | -4.25% | +2.92% | 222 of 251 |
| YTD | -9.95% | +1.21% | 237 of 255 |
| 1Y | -7.66% | +1.11% | 206 of 232 |
| 2Y | +2.63% | +2.39% | 88 of 187 |
| 3Y | +6.13% | +12.36% | 122 of 142 |
| 5Y | +7.70% | +9.81% | 66 of 102 |
| 7Y | +9.37% | +14.27% | 71 of 84 |
| 10Y | +8.58% | +11.68% | 56 of 68 |
| INCEPTION | +7.37% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.74% | +38.94% | -42.95% | 62% | 24% |
| 6M | +5.25% | +56.12% | -39.85% | 67% | 26% |
| 1Y | +11.48% | +80.93% | -34.91% | 74% | 30% |
| 2Y | +10.47% | +41.52% | -17.10% | 86% | 37% |
| 3Y | +10.02% | +31.07% | -13.58% | 90% | 38% |
| 5Y | +10.03% | +23.95% | -5.50% | 93% | 40% |
| 7Y | +9.92% | +14.66% | +3.90% | 100% | 44% |
| 10Y | +10.18% | +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 | 17.81 | 16.32 | High Volatility |
| 3Y | 16.36 | 16.10 | High Volatility |
| 5Y | 16.49 | 15.67 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.74 | -0.32 | Below Average |
| 3Y | 0.07 | -0.45 | Above Average |
| 5Y | 0.16 | 0.29 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.50 | 0.19 | Below Average |
| 3Y | 0.63 | 1.14 | Below Average |
| 5Y | 0.75 | 0.96 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.94 | 1.02 | Good Risk Adjusted Returns |
| 3Y | 0.99 | 0.98 | Poor Risk Adjusted Returns |
| 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
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From LIC Mutual Fund Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| LIC MF Gold Exchange Traded Fund | +16.48% | +31.16% | — | +29.49% |
|
LIC MF Gold ETF Fund of Fund
Direct Plan · Growth
|
+15.94% | +30.72% | — | +29.08% |
|
LIC MF Value Fund
Direct Plan · Growth
|
+15.61% | +16.94% | — | +16.24% |
|
LIC MF Healthcare Fund
Direct Plan · Growth
|
+12.93% | +22.54% | — | +20.48% |
|
LIC MF Small Cap Fund
Direct Plan · Growth
|
+11.79% | +16.96% | — | +17.10% |
|
LIC MF Manufacturing Fund
Direct Plan · IDCW
|
+10.35% | — | — | +6.74% |
|
LIC MF Arbitrage Fund
Direct Plan · Growth
|
+6.67% | +7.07% | +6.64% | +5.98% |
|
LIC MF Ultra Short Term Fund
Direct Plan · Growth
|
+6.62% | +7.18% | +6.37% | +5.72% |
|
LIC MF Money Market Fund
Direct Plan · Growth
|
+6.50% | +6.74% | — | +6.58% |
|
LIC MF Liquid Fund
Direct Plan · Growth
|
+6.47% | +6.89% | +6.41% | +6.82% |
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.