LIC MF Banking and Financial Services Fund · Regular · Growth
NAV
₹21.6522
as of 31 Jul 2026
Expense Ratio
2.46%
AUM
₹260 Cr
Lumpsum returns (CAGR)
- 1Y
- +3.50%
- 3Y
- +6.96%
- 5Y
- +10.61%
- Since Inception
- +7.05%
SIP returns (XIRR)
- 1Y
- +3.76%
- 3Y
- +6.57%
- 5Y
- +9.43%
- Since Inception
- +9.28%
What history actually did — last 10 years (Aug 2016 – Jul 2026)
A ₹5,000 monthly SIP for the last 10 years (Aug 2016 – Jul 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹9,68,242 today — ₹5,95,000 invested, 9.5% XIRR.
₹5,95,000
Invested
₹9,68,242
Value today
9.5%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 10 years (Aug 2016 – Jul 2026)
Real NAV backtest
₹1,00,000 invested 10 years ago would be ₹2,28,163 today (8.6% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Aug 2016 would still hold ₹13,13,386.
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹9,68,242 in this fund vs ₹12,17,407 in the benchmark — underperformance of ₹2,49,165.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 10 years (Aug 2016 – Jul 2026) (22 Mar 2020) would be ₹3,08,757 today (3.09×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.31
Sharpe Ratio
+0.07
Alpha
0.32
Beta
0.31
Sortino
16.24%
Std Dev
-16.55%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 30 Apr 2026- Banks55.00%
- Finance28.00%
- Capital Markets8.00%
- Financial Technology (Fintech)2.00%
- Insurance1.00%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
Portfolio holdings
portfolio shared with LIC MF Banking and Financial Services Fund-Direct Plan-IDCW
- 1Hdfc Bank Ltd.15.24%
- 2Icici Bank Ltd.12.25%
- 3Axis Bank Ltd.8.19%
- 4Kotak Mahindra Bank Ltd.7.60%
- 5State Bank Of India5.69%
- 6Mas Financial Services Ltd.5.09%
- 7Sbi Cards & Payment Services Ltd.2.83%
- 8Creditaccess Grameen Ltd.2.70%
- 9Bajaj Finance Ltd.2.44%
- 10Tvs Holdings Ltd.2.19%
Investment Objective
LIC MF Banking and Financial Services Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
LIC MF Banking and Financial Services Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by LIC Mutual Fund. The fund has been operational for over 11 years. It manages assets worth ₹260 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.46%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations