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Lic Mf Banking & Financial Services Fund Direct-idcw
Equity
Large Cap
Very High Risk
Latest AUM
₹ 269.2 Cr.
NAV as on 03 aug, 2026
₹ 25.00
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Lic Mf Banking & Financial Services Fund Direct-idcw
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: 03 aug, 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 | 15.24% |
| HDFC Bank Ltd | Financial | Equity | 15.81% |
Debt & Credit Risk Analysis
| Alpha | -1.38% |
| Beta | 0.98% |
| R2 | 0.95% |
| Sharpe Ratio | 0.23% |
| Standard Deviation | 15.87% |
| Sortino Ratio | 0.36% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 6.20% | NA | 2.31% |
| 6 Months | -0.68% | NA | 15.50% |
| 9 Months | 1.15% | NA | 10.67% |
| 1 Year | 7.51% | 7.51% | 10.43% |
| 2 Years | 13.91% | 6.73% | 18.38% |
| 3 Years | 32.95% | 9.96% | 17.78% |
| 5 Years | 69.49% | 11.13% | 22.24% |
| 7 Years | 116.55% | 11.67% | NA |
| 10 Years | 158.20% | 9.95% | 13.92% |
Lic Mf Banking & Financial Services Fund Direct-idcw 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 ₹269.2 crore as on Tue Jun 30, 2026. The expense ratio stands at 1.64%.
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 | 4,079.2 | +0.90% | +0.57% | -3.39% | +25.39% | +24.20% | +28.38% |
| Kotak Nifty Psu Bank Exchange Traded Fund | 2,459.6 | +0.90% | +0.54% | -3.40% | +25.36% | +24.21% | +28.35% |
| Invesco India Financial Services Fund Direct-growth | 1,812.3 | +0.18% | +6.47% | +2.12% | +11.23% | +20.34% | +15.91% |
| Invesco India Financial Services Fund Direct-idcw | 1,812.3 | +0.18% | +6.47% | +2.12% | +11.23% | +20.34% | +15.91% |
| Sundaram Financial Services Opportunities Fund Direct-growth | 1,681.4 | +0.25% | +6.24% | +0.03% | +10.26% | +15.32% | +15.61% |
| Sundaram Financial Services Opportunities Fund Direct-idcw | 1,681.4 | +0.25% | +6.24% | +0.03% | +10.26% | +15.32% | +15.61% |
| Mirae Asset Banking And Financial Services Fund Direct-growth | 2,304.9 | +0.68% | +6.08% | -0.21% | +9.00% | +14.87% | +14.63% |
| Mirae Asset Banking And Financial Services Fund Direct-idcw | 2,304.9 | +0.68% | +6.08% | -0.21% | +9.00% | +14.87% | +14.63% |
| Nippon India Banking & Financial Services Fund Direct-growth | 7,788.6 | -0.22% | +5.35% | -0.85% | +7.16% | +14.44% | +14.52% |
| Nippon India Banking & Financial Services Fund Direct-idcw | 7,788.6 | -0.22% | +5.35% | -0.85% | +7.16% | +14.44% | +14.52% |
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 Direct-growth | 269.2 | +0.74% | +6.20% | -0.68% | +7.51% | +9.96% | +11.13% |
| Lic Mf Banking & Financial Services Fund Regular-growth | 269.2 | +0.64% | +5.85% | -1.30% | +6.16% | +8.41% | +9.45% |
| Lic Mf Banking & Financial Services Fund Regular-idcw | 269.2 | +0.64% | +5.85% | -1.30% | +6.16% | +8.41% | +9.45% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| ICICI Prudential Banking And Financial Services Direct Plan-growth | 11,034.2 | -0.69% | +4.45% | -3.12% | +0.74% | +11.42% | +10.69% |
| ICICI Prudential Banking And Financial Services-growth | 11,034.2 | -0.75% | +4.25% | -3.47% | -0.03% | +10.55% | +9.79% |
| ICICI Prudential Banking And Financial Services-idcw | 11,034.2 | -0.75% | +4.25% | -3.47% | -0.03% | +10.55% | +9.79% |
| ICICI Prudential Banking And Financial Services Direct Plan-idcw | 11,034.2 | -0.69% | +4.45% | -3.12% | +0.74% | +11.42% | +10.69% |
| SBI Banking & Financial Services Fund Direct-growth | 10,844.8 | -0.02% | +4.11% | -2.99% | +7.15% | +17.61% | +14.11% |
| SBI Banking & Financial Services Fund Regular-growth | 10,844.8 | -0.11% | +3.85% | -3.47% | +6.08% | +16.37% | +12.85% |
| SBI Banking & Financial Services Fund Direct-idcw | 10,844.8 | -0.02% | +4.11% | -2.99% | +7.15% | +17.61% | +14.11% |
| SBI Banking & Financial Services Fund Regular-idcw | 10,844.8 | -0.11% | +3.85% | -3.47% | +6.08% | +16.37% | +12.85% |
| Nippon India Etf Nifty Bank Bees | 8,319.4 | +0.67% | +6.74% | -2.53% | +5.30% | +10.05% | +11.23% |
| Nippon India Banking & Financial Services Fund Direct-growth | 7,788.6 | -0.22% | +5.35% | -0.85% | +7.16% | +14.44% | +14.52% |
Top funds are based on Fund AUM
Top Equity Funds
| Fund name | ||||
|---|---|---|---|---|
| Nippon India Etf Nifty Psu Bank Bees | ₹94.86 | +24.20% | +28.38% | — |
| Kotak Nifty Psu Bank Exchange Traded Fund | ₹85.01 | +24.21% | +28.35% | — |
| Invesco India Financial Services Fund Direct-growth | ₹180.57 | +20.34% | +15.91% | — |
| Invesco India Financial Services Fund Direct-idcw | ₹92.94 | +20.34% | +15.91% | — |
| Sundaram Financial Services Opportunities Fund Direct-growth | ₹126.06 | +15.32% | +15.61% | — |
| Sundaram Financial Services Opportunities Fund Direct-idcw | ₹34.38 | +15.32% | +15.61% | — |
| Mirae Asset Banking And Financial Services Fund Direct-growth | ₹23.89 | +14.87% | +14.63% | — |
| Mirae Asset Banking And Financial Services Fund Direct-idcw | ₹23.79 | +14.87% | +14.63% | — |
| Nippon India Banking & Financial Services Fund Direct-growth | ₹721.29 | +14.44% | +14.52% | — |
| Nippon India Banking & Financial Services Fund Direct-idcw | ₹104.76 | +14.44% | +14.52% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 03 Aug 2026 | ₹25.00 |
| 31 Jul 2026 | ₹24.59 |
| 30 Jul 2026 | ₹24.40 |
| 29 Jul 2026 | ₹24.56 |
| 28 Jul 2026 | ₹24.37 |
| 27 Jul 2026 | ₹24.42 |
| 24 Jul 2026 | ₹24.13 |
| 23 Jul 2026 | ₹24.13 |
| 22 Jul 2026 | ₹24.42 |
| 21 Jul 2026 | ₹24.76 |
| 20 Jul 2026 | ₹24.66 |
| 17 Jul 2026 | ₹24.88 |
| 16 Jul 2026 | ₹24.66 |
| 15 Jul 2026 | ₹24.82 |
| 14 Jul 2026 | ₹24.68 |
| 13 Jul 2026 | ₹25.02 |
| 10 Jul 2026 | ₹24.99 |
| 09 Jul 2026 | ₹24.63 |
| 08 Jul 2026 | ₹24.37 |
| 07 Jul 2026 | ₹25.00 |
| 06 Jul 2026 | ₹25.00 |
| 03 Jul 2026 | ₹24.82 |
| 02 Jul 2026 | ₹24.79 |
| 01 Jul 2026 | ₹24.66 |
| 30 Jun 2026 | ₹24.37 |
| 29 Jun 2026 | ₹24.34 |
| 25 Jun 2026 | ₹24.37 |
| 24 Jun 2026 | ₹24.46 |
| 23 Jun 2026 | ₹24.08 |
| 22 Jun 2026 | ₹24.31 |
Portfolio Updated on: 04 Aug, 2026
Fund Growth & Size Analysis
+₹269.2 Cr
Since Launch
This Fund
Category Average
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Lic Mf Banking & Financial Services Fund Direct-idcw Returns Comparison
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Lic Mf Banking & Financial Services Fund Direct-idcw FAQ'S
- Sharpe Ratio: 0.23%
- Standard Deviation: 15.87%
- Beta: 0.98%
- Alpha: -1.38%
- R-squared: 0.95%
- Information Ratio: -0.42%
- Sortino Ratio: 0.36%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under Lic Mf Banking & Financial Services Fund Direct-idcw stand at approximately ₹ 269.2 crore.
The Lic Mf Banking & Financial Services Fund Direct-idcw has delivered the following short-term performance:
- 3 Months Return: 6.20%
The historical growth of the Lic Mf Banking & Financial Services Fund Direct-idcw is reflected through its CAGR returns:
- 3 Year CAGR: 9.96%
- 5 Year CAGR: 11.13%
- Return Since Launch: 8.28%
The portfolio of Lic Mf Banking & Financial Services Fund Direct-idcw is distributed across different asset classes as follows:
- Equity: 94.56%
- Other Assets: 5.44%
The Lic Mf Banking & Financial Services Fund Direct-idcw is managed by Jaiprakash Toshniwal, representing LIC Mutual Fund.
The Lic Mf Banking & Financial Services Fund Direct-idcw investments are allocated across market caps in the following manner:
- Large Cap Stocks: 48.49%
- Mid Cap Stocks: 29.03%
- Small Cap Stocks: 22.48%
Top stock holdings of Lic Mf Banking & Financial Services Fund Direct-idcw 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 15.24% of the portfolio
- HDFC Bank Ltd – represents 15.81% of the portfolio
Major sector exposures in Lic Mf Banking & Financial Services Fund Direct-idcw are:
- Financial – accounts for 1,203.25% of the portfolio
- Industrials – accounts for 27.34% of the portfolio
- Consumer Discretionary – accounts for 21.21% of the portfolio
