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- LIC Mutual Fund
- LIC MF Banking & Financial Services Fund (G)
LIC MF Banking & Financial Services Fund (G)
₹ 19.9483
NAV (Oct 15)
Sectoral / Thematic - Bfsi funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 19.9483
NAV (Oct 15)
Fund Returns
Last 1Y | 12.6% |
Last 3Y | 8.6% |
Last 5Y | 11.8% |
Last 10Y | NA |
Since Inception | 7.1% |
6 Month CAGR | 5.6% |
Scheme Information
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.
Expense Ratio | 2.42 |
Launched (0y ago) | 2.42 |
AUM in Crores | 291.3 |
ISIN | INF767K01NH2 |
Lock-in | - |
Benchmark | NIFTY Financial Services Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 15.9 |
Beta | 0.9 |
Sharpe Ratio | 0.5 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Banking & Financial Services Fund (G) | 9,79,620 | 2,47,008 | 11.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
HDFC Bank Ltd.
21.8%ICICI Bank Ltd.
12.6%Axis Bank Ltd.
7%State Bank of India
6%Others
3.8%Allocation by Sector
Financial
91.6%Healthcare
3%Insurance
2.1%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
LIC Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.8% | 7.9% | ||
15.4% | 5.9% | ||
6.1% | 6.9% | ||
5.6% | 8.2% | ||
33% | 10.5% |
LIC MF Banking & Financial Services Fund (G) Review
LIC MF Banking & Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 7.149% over a period of 9 years. The fund is managed by LIC Mutual Fund. The fund manager’s name is Jaiprakash Toshniwal.
Nav of LIC MF Banking & Financial Services Fund (G) as of 10/15/2024 is ₹19.95 with the total AUM as of 10/16/2024 is ₹291.3304. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Banking & Financial Services Fund (G) was launched on 2015-03-27. The category risk of the fund is Above Average.
The minimum SIP amount for LIC MF Banking & Financial Services Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
LIC MF Banking & Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Financial Services Total Return Index.
It is rated as a 1 fund in Equity and delivered 12.553% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Banking & Financial Services Fund (G).
Frequently Asked Questions
What is LIC MF Banking & Financial Services Fund (G)?
How to invest in LIC MF Banking & Financial Services Fund (G)?
You can invest in LIC MF Banking & Financial Services Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of LIC MF Banking & Financial Services Fund (G)?
The minimum sip amount for LIC MF Banking & Financial Services Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is LIC MF Banking & Financial Services Fund (G) good to invest in?
As per Scripbox experts, it is a 1 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the LIC MF Banking & Financial Services Fund (G)?
The expense ratio of the LIC MF Banking & Financial Services Fund (G) is 2.42% for regular plan.
What is the NAV of LIC MF Banking & Financial Services Fund (G)?
Today's LIC MF Banking & Financial Services Fund (G) NAV is ₹19.95.