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Sectoral / Thematic📊 NIFTY 500 TRI(SEBI default)

LIC MF Banking and Financial Services Fund · Regular · Growth

LIC Mutual Fund

#126 of 213 (1Y)

NAV

₹21.2248

as of 17 Jun 2026

Expense Ratio

2.46%

AUM

₹272 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+1.70%
3Y
+8.58%
5Y
+10.36%
Since Inception
+6.93%

SIP returns (XIRR)

1Y
+1.01%
3Y
+5.94%
5Y
+9.10%
Since Inception
+9.13%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹67,500

Invested

₹1,09,152

Value today

8.3%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹2,013

Value today

6.4%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹6,75,000

Withdrawn

₹9,21,021

Corpus left

+₹5,96,021 net gain — withdrew ₹6,75,000 AND corpus grew

Plan your SWP with real NAV

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹13,80,407

Value today

+14.3%

vs lumpsum

STP beat direct lumpsum by 14.3% — reduced timing risk paid off

Model your own STP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹2,86,985

Value today

2.9×

Multiple

Staying invested through that crash turned ₹1L into ₹2,86,985 — a 2.9× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

0.11

Sharpe Ratio

+0.05

Alpha

0.53

Beta

0.11

Sortino

16.61%

Std Dev

-16.55%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 30 Apr 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseLIC Mutual Fund
CategorySectoral / Thematic
BenchmarkNIFTY 500 TRI ✓
Launch Date27 Mar 2015
AMFI Code134016
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹100
Exit LoadY

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 30 Apr 2026

portfolio shared with LIC MF Banking and Financial Services Fund-Direct Plan-IDCW

Holding% NAV

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 ₹272 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