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LIC Mutual Fund

LIC MF Banking & Financial Services Fund Direct - Growth

NAV
returns change indicator
8.8084
as on 01 Jun 2020, 11:35 PM
0.2347(2.74%)
Last Change
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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
10th of Every Month

Investment Performance

would have given a return of
110,871
star
121,647
star
71,015
star
73,757
star
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
26,243
Profit (absolute return)
26.24%
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
26.37%
In the last 6 months
30.55%
In the last 1 year
28.26%
In the last 3 years
26.24%
In the last 5 years
12.23%
In the last 10 years
NA
Absolute Returns
CAGR

Scheme Riskometer

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

Scheme Information

LIC MF Banking & Financial Services Fund Direct - Growth
LIC MF Banking & Financial Services Fund Direct - Growth
as of 30 Apr 2020, 05:30 AM
44.66 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.
1.51%
Expense Ratio
Plan
Growth
12.09%
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 30 Apr 2020
Sort By
Financial
87.92%
39.26 Cr

Companies Holding in this Mutual Fund

as on 30 Apr 2020
Sort By
HDFC Bank Ltd.
24.86%
11.10 Cr
Housing Development Finance Corpn. Ltd.
15.51%
6.93 Cr
ICICI Bank Ltd.
13.30%
5.94 Cr
Others
12.09%
5.40 Cr
Kotak Mahindra Bank Ltd.
10.36%
4.63 Cr
ICICI Lombard General Insurance Company Ltd.
5.38%
2.40 Cr
City Union Bank Ltd.
4.29%
1.92 Cr
SBI Life Insurance Company Ltd.
3.12%
1.39 Cr
Bajaj Finance Ltd.
3.00%
1.34 Cr
Axis Bank Ltd.
2.44%
1.09 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 Yogesh Patil. It has an AUM of ₹44.66 Crores and the latest NAV decalared is ₹8.808 as on 02 Jun 2020 at 1:20 pm.
LIC MF Banking & Financial Services Fund Direct - Growth scheme return performance in last 1 year is -28.26%, in last 3 years is -26.24% and -12.01% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.

Scheme Details

AUM:44.66 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
12,729.12 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