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EquitySector - Financial Services

LIC MF Banking & Financial Services Fund Regular Growth

3Y Annualised

19.03%

0.50% 1D

Fund Performance

Fund Multiplier

Fund Info

Peer Comparison

Fund Managers

AMC Details

Performance

1M Returns

3.70%

0.50% 1D

Benchmark

SBI Nifty 10 yr Benchmark G-Sec ETF

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

This Fund

3 years 12 months

NIFTY 50

4 years 4 months

FD

9 years 7 months

Fund info

Fund size

₹281.55 Cr

Min. SIP amount

₹1000

Min. Lumpsum amount

₹5000

Exit load

0.01%

1% on remaining units if redeemed or switchedout on or before completion of 90 days from thedate of allotment of units.Ÿ Nil, if redeemed or switched out aftercompletion of 90 days from the date ofallotment of units.

Risk Profile

Very High Risk

Fund Managers

JT
Jaiprakash ToshniwalFund Manager Since 6 Sept 2021

About LIC MF Banking & Financial Services Fund Regular Growth

LIC MF Banking & Financial Services Fund Regular Growth is a Equity mutual fund scheme from LIC Mutual Fund Asset Management Limited. This fund has been in existence for 10 years, having been launched on 2015-03-27. LIC MF Banking & Financial Services Fund Regular Growth has ₹281.55 Cr worth of assets under management (AUM) as of Thu Jul 17 2025. The latest Net Asset Value (NAV) of LIC MF Banking & Financial Services Fund Regular Growth as of Wed Jul 16 2025 is ₹21.6917. The fund has an expense ratio of 2.42%, which is medium comparable to most other Equity funds.

LIC MF Banking & Financial Services Fund Regular Growth returns for the last 1 year are 6.74%. Since launch, it has delivered 7.80% average annual returns.

The LIC MF Banking & Financial Services Fund Regular Growth has the majority of its money invested in Financial Services sectors.

Top 5 Holdings of LIC MF Banking & Financial Services Fund Regular Growth.

  1. HDFC Bank Ltd: 19.92%
  2. ICICI Bank Ltd: 12.42%
  3. Axis Bank Ltd: 7.09%
  4. Kotak Mahindra Bank Ltd: 6.84%
  5. MAS Financial Services Ltd Ordinary Shares: 4.88%

AMC Information

NameLIC Mutual Fund Asset Management Limited
Founding Date2015-03-27
Emailcs.co@licmf.com
Phone+91 022-66016000
Websitewww.licmf.com
AddressLIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,

Tax Implications of LIC MF Banking & Financial Services Fund Regular Growth

Short Term Gains20% + applicable Surcharge + 4% Cess
Long Term Gains12.5% without indexation + applicable Surcharge + 4% Cess

Similar Funds from LIC Mutual Fund Asset Management Limited

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Total Amount

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₹1,000+ cr

AUM

1+ Lac

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