Open menu
Paytm Money logo
search-placeholder
search
Mutual Fund Details
search-placeholder
search
LIC Mutual Fund

LIC MF Banking & Financial Services Fund Direct-Growth

NAV
returns change indicator
14.8431
as on 21 Sep 2021, 10:50 PM
0.0417(0.28%)
Last Change
loaderloader

Scheme Ratings

2
starstarstarstarstar
rated by Morningstar
1
starstarstarstarstar
rated by Value Research

Schemes Managed By

Start SIP in this Mutual Fund

Min SIP Amount
1,000
Suggested Date
28th of Every Month

Investment Performance

would have given a return of
1,10,871
star
1,21,647
star
1,31,742
star
1,36,054
star
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
36,054
Profit (absolute return)
36.05%
in the last
1m
3m
1y
3y
5y
max
+1% Higher Returns
With Direct Plans on Paytm Money

Investment Returns

In the last 3 months
6.90%
In the last 6 months
10.77%
In the last 1 year
55.71%
In the last 3 years
36.05%
In the last 5 years
44.34%
In the last 10 years
NA
Absolute Returns
CAGR

Scheme Riskometer

low
low
low to moderate
low to moderate
moderate
moderate
moderately high
moderately high
high
high
very high
very high
indicator
Investors understand that their principal will be at very high risk

Scheme Information

LIC MF Banking & Financial Services Fund Direct-Growth
LIC MF Banking & Financial Services Fund Direct-Growth
as of 31 Aug 2021, 05:30 AM
61.16 Cr
Scheme Asset Size
Fund Type
Open-End
Exit Load
For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
1.49%
Expense Ratio
Plan
Growth
3.72%
Cash Holding
Benchmark
NIFTY Financial Services Total Return Index
Scheme Document
Benchmark
NIFTY Financial Services Total Return Index
Exit Load
For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
Scheme Document

Sectors Holding in this Mutual Fund

as on 31 Aug 2021
Sort By
Financial
89.45%
54.71 Cr
Insurance
6.86%
4.20 Cr
Cash Holding
3.72%
2.28 Cr

Companies Holding in this Mutual Fund

as on 31 Aug 2021
Sort By
HDFC Bank Ltd.
23.52%
14.38 Cr
ICICI Bank Ltd.
17.09%
10.45 Cr
Axis Bank Ltd.
8.69%
5.31 Cr
State Bank of India
8.05%
4.92 Cr
Housing Development Finance Corpn. Ltd.
7.94%
4.86 Cr
Kotak Mahindra Bank Ltd.
6.94%
4.24 Cr
The Federal Bank Ltd.
5.13%
3.14 Cr
City Union Bank Ltd.
4.02%
2.46 Cr
Others
3.72%
2.28 Cr
Bajaj Finance Ltd.
2.75%
1.68 Cr
View All
View All

About LIC MF Banking & Financial Services Fund Direct-Growth

LIC MF Banking & Financial Services Fund Direct-Growth is a Equity mutual fund scheme from LIC Mutual Fund. This scheme was launched on 27 Mar 2015 and is currently managed by its fund manager Jaiprakash Toshniwal. It has an AUM of ₹61.16 Crores and the latest NAV decalared is ₹14.843 as on 22 Sep 2021 at 5:04 am.
LIC MF Banking & Financial Services Fund Direct-Growth scheme return performance in last 1 year is 55.71%, in last 3 years is 36.05% and 48.27% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.

Scheme Details

AUM:61.16 Cr
Category:Equity: Sectoral-Banking
Launch Date:27 Mar 2015
Fund Type:Open-End

Scheme Objective

The scheme seeks to generate long-term capital appreciation from a portfolio that invested substantially in equity and equity related securities of companies engaged in banking and financial services sector.

AMC Information

LIC Mutual Fund
LIC Mutual Fund
View AMC Details
17,964.60 Cr
AUM
64
Schemes
Address
Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station400020
Phone Number
Phone Number
Phone : 022-66016000 / 1800-258-5678
Fax : 022-22880633