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Lic Mf Banking & Financial Services Fund Direct-growth
Equity
Large Cap
Very High Risk
Latest AUM
₹ 239.4 Cr.
NAV as on 24 jul, 2026
₹ 24.30
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Lic Mf Banking & Financial Services Fund Direct-growth
Inception Date
27 Mar 2015
Lock In
No Lock-in
Risk
Principal at very high risk
Category Average Annual Returns
10.43
Portfolio Composition Analysis
Equity
94.56%
Cash
5.44%
Portfolio Updated on: 10 Jul, 2026
Sector Allocations
Equity
Financial
Industrials
Consumer Discretionary
Portfolio Updated on: 24 jul, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 22.17% |
| HDFC Bank Ltd | Financial | Equity | 22.14% |
| HDFC Bank Ltd | Financial | Equity | 22.14% |
| HDFC Bank Ltd | Financial | Equity | 21.88% |
| HDFC Bank Ltd | Financial | Equity | 20.30% |
| HDFC Bank Ltd | Financial | Equity | 19.38% |
| HDFC Bank Ltd | Financial | Equity | 17.70% |
| HDFC Bank Ltd | Financial | Equity | 16.56% |
| HDFC Bank Ltd | Financial | Equity | 1.00% |
| HDFC Bank Ltd | Financial | Equity | 15.81% |
Debt & Credit Risk Analysis
| Alpha | 1.64% |
| Beta | 0.90% |
| Sharpe Ratio | 0.29% |
| Standard Deviation | 15.31% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.27% | NA | 2.31% |
| 6 Months | -1.66% | NA | 15.50% |
| 9 Months | -2.10% | NA | 10.67% |
| 1 Year | -0.20% | -0.20% | 10.43% |
| 2 Years | 9.85% | 4.81% | 18.38% |
| 3 Years | 25.20% | 7.78% | 17.78% |
| 5 Years | 64.67% | 10.49% | 22.24% |
| 7 Years | 106.83% | 10.94% | NA |
| 10 Years | 150.10% | 9.60% | 13.92% |
Lic Mf Banking & Financial Services Fund Direct-growth is one Equity mutual fund offered by LIC Mutual Fund. Launched on 27 Mar 2015, the fund aims Capital Appreciation over Long Term. Investment predominantly in a portfolio of equity & equity related securities of companies engaged in banking and financial services. It manages assets worth ₹239.4 crore as on Tue Mar 31, 2026. The expense ratio stands at 1.2%.
Jaiprakash Toshniwal has experience Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Nippon India Etf Nifty Psu Bank Bees | 3,670.4 | -3.28% | -4.79% | -4.58% | +17.40% | +22.44% | +28.58% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,148.2 | -3.29% | -4.81% | -4.59% | +17.37% | +22.44% | +28.54% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,148.2 | -3.29% | -4.81% | -4.59% | +17.37% | +22.44% | +28.54% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,148.2 | -3.29% | -4.81% | -4.59% | +17.37% | +22.44% | +28.54% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,148.2 | -3.29% | -4.81% | -4.59% | +17.37% | +22.44% | +28.54% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,148.2 | -3.29% | -4.81% | -4.59% | +17.37% | +22.44% | +28.54% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,148.2 | -3.29% | -4.81% | -4.59% | +17.37% | +22.44% | +28.54% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,148.2 | -3.29% | -4.81% | -4.59% | +17.37% | +22.44% | +28.54% |
| Invesco India Financial Services Fund Direct-growth | 1,480.5 | -1.43% | +2.33% | +3.25% | +5.31% | +17.90% | +15.68% |
| Invesco India Financial Services Fund Direct-idcw | 1,480.5 | -1.43% | +2.33% | +3.25% | +5.31% | +17.90% | +15.68% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from LIC Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Lic Mf Banking & Financial Services Fund Regular-growth | 239.4 | -1.45% | +0.95% | -2.27% | -1.45% | +6.23% | +8.82% |
| Lic Mf Banking & Financial Services Fund Direct-idcw | 239.4 | -1.35% | +1.27% | -1.66% | -0.20% | +7.78% | +10.49% |
| Lic Mf Banking & Financial Services Fund Regular-idcw | 239.4 | -1.45% | +0.95% | -2.27% | -1.45% | +6.23% | +8.82% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| SBI Banking & Financial Services Fund Direct-growth | 9,379.9 | -2.65% | -0.47% | -3.33% | +1.31% | +15.27% | +13.65% |
| SBI Banking & Financial Services Fund Regular-growth | 9,379.9 | -2.73% | -0.71% | -3.81% | +0.29% | +14.05% | +12.40% |
| SBI Banking & Financial Services Fund Regular-idcw | 9,379.9 | -2.73% | -0.71% | -3.81% | +0.29% | +14.05% | +12.40% |
| SBI Banking & Financial Services Fund Direct-idcw | 9,379.9 | -2.65% | -0.47% | -3.33% | +1.31% | +15.27% | +13.65% |
| ICICI Prudential Banking And Financial Services Direct Plan-growth | 9,366.8 | -2.20% | +0.53% | -2.80% | -3.47% | +9.62% | +10.30% |
| ICICI Prudential Banking And Financial Services-growth | 9,366.8 | -2.26% | +0.34% | -3.17% | -4.21% | +8.76% | +9.40% |
| ICICI Prudential Banking And Financial Services-idcw | 9,366.8 | -2.26% | +0.34% | -3.17% | -4.21% | +8.76% | +9.40% |
| ICICI Prudential Banking And Financial Services Direct Plan-idcw | 9,366.8 | -2.20% | +0.53% | -2.80% | -3.47% | +9.62% | +10.30% |
| Nippon India Etf Nifty Bank Bees | 7,162.3 | -2.49% | +1.50% | -2.71% | -0.12% | +7.90% | +10.72% |
| Nippon India Banking & Financial Services Fund-growth | 6,721.0 | -2.17% | +0.41% | -1.26% | -0.60% | +11.49% | +13.29% |
Top funds are based on Fund AUM
Top Equity Funds
| Fund name | ||||
|---|---|---|---|---|
| Nippon India Etf Nifty Psu Bank Bees | ₹93.29 | +22.44% | +28.58% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹83.61 | +22.44% | +28.54% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹83.61 | +22.44% | +28.54% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹83.61 | +22.44% | +28.54% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹83.61 | +22.44% | +28.54% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹83.61 | +22.44% | +28.54% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹83.61 | +22.44% | +28.54% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹83.61 | +22.44% | +28.54% | — |
| Invesco India Financial Services Fund Direct-growth | ₹176.57 | +17.90% | +15.68% | — |
| Invesco India Financial Services Fund Direct-idcw | ₹90.88 | +17.90% | +15.68% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 24 Jul 2026 | ₹24.30 |
| 23 Jul 2026 | ₹24.30 |
| 22 Jul 2026 | ₹24.59 |
| 21 Jul 2026 | ₹24.94 |
| 20 Jul 2026 | ₹24.83 |
| 17 Jul 2026 | ₹25.05 |
| 16 Jul 2026 | ₹24.84 |
| 15 Jul 2026 | ₹24.99 |
| 14 Jul 2026 | ₹24.85 |
| 13 Jul 2026 | ₹25.20 |
| 10 Jul 2026 | ₹25.17 |
| 09 Jul 2026 | ₹24.80 |
| 08 Jul 2026 | ₹24.54 |
| 07 Jul 2026 | ₹25.18 |
| 06 Jul 2026 | ₹25.17 |
| 03 Jul 2026 | ₹24.99 |
| 02 Jul 2026 | ₹24.97 |
| 01 Jul 2026 | ₹24.83 |
| 30 Jun 2026 | ₹24.55 |
| 29 Jun 2026 | ₹24.51 |
| 25 Jun 2026 | ₹24.54 |
| 24 Jun 2026 | ₹24.63 |
| 23 Jun 2026 | ₹24.25 |
| 22 Jun 2026 | ₹24.48 |
| 19 Jun 2026 | ₹24.39 |
| 18 Jun 2026 | ₹24.37 |
| 17 Jun 2026 | ₹24.24 |
| 15 Jun 2026 | ₹24.14 |
| 12 Jun 2026 | ₹23.76 |
| 11 Jun 2026 | ₹22.98 |
Portfolio Updated on: 25 Jul, 2026
Fund Growth & Size Analysis
+₹239.4 Cr
Since Launch
This Fund
Category Average
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Lic Mf Banking & Financial Services Fund Direct-growth FAQ'S
- Sharpe Ratio: 0.29%
- Standard Deviation: 15.31%
- Beta: 0.90%
- Alpha: 1.64%
Additional important ratios:
As of Tue Mar 31, 2026, the total assets managed under Lic Mf Banking & Financial Services Fund Direct-growth stand at approximately ₹ 239.4 crore.
The Lic Mf Banking & Financial Services Fund Direct-growth has delivered the following short-term performance:
- 3 Months Return: 1.27%
The historical growth of the Lic Mf Banking & Financial Services Fund Direct-growth is reflected through its CAGR returns:
- 3 Year CAGR: 7.78%
- 5 Year CAGR: 10.49%
- Return Since Launch: 7.96%
The portfolio of Lic Mf Banking & Financial Services Fund Direct-growth is distributed across different asset classes as follows:
- Equity: 94.56%
- Other Assets: 5.44%
The Lic Mf Banking & Financial Services Fund Direct-growth is managed by Jaiprakash Toshniwal, representing LIC Mutual Fund.
The Lic Mf Banking & Financial Services Fund Direct-growth investments are allocated across market caps in the following manner:
- Large Cap Stocks: 1.00%
- Mid Cap Stocks: 1.00%
- Small Cap Stocks: 1.00%
Top stock holdings of Lic Mf Banking & Financial Services Fund Direct-growth include:
- HDFC Bank Ltd – represents 22.17% of the portfolio
- HDFC Bank Ltd – represents 22.14% of the portfolio
- HDFC Bank Ltd – represents 22.14% of the portfolio
- HDFC Bank Ltd – represents 21.88% of the portfolio
- HDFC Bank Ltd – represents 20.30% of the portfolio
- HDFC Bank Ltd – represents 19.38% of the portfolio
- HDFC Bank Ltd – represents 17.70% of the portfolio
- HDFC Bank Ltd – represents 16.56% of the portfolio
- HDFC Bank Ltd – represents 1.00% of the portfolio
- HDFC Bank Ltd – represents 15.81% of the portfolio
Major sector exposures in Lic Mf Banking & Financial Services Fund Direct-growth are:
- Financial – accounts for 922.68% of the portfolio
- Industrials – accounts for 23.18% of the portfolio
- Consumer Discretionary – accounts for 20.02% of the portfolio
