A Oneindia Venture
Get Updates
Get notified about market trends, financial advice, and investment tips!
Click it and Unblock the Notifications
LIC MF Banking & Financial Services Fund - Direct Plan
Regular
Direct
3 Year Absolute Returns
28.25% ↑
NAV (₹) on 05 Jun 2026
22.99
1 Day NAV Change
0.19%
Risk Level
Very High Risk
Rating
LIC MF Banking & Financial Services Fund - Direct Plan is a Equity mutual fund categorized under Sector, offered by LIC Mutual Fund Asset Management Limited. Launched on 09 Mar 2015, investors can ... Read more
NAV History
Fund Details
Min. SIP Amount
₹200
Inception Date
09 Mar 2015
Min. Lumpsum Amount
₹ 5,000
Fund Age
11 Yrs
AUM
₹ 262.05 Cr.
Benchmark
Nifty Financial Services Total Return
Expense Ratio
1.16%
Scheme Type
Open Ended
Exit Load
1%
Returns Calculator
Investment amount per month
₹1,000
Over the past
Would have become
On total investment of
*Calculation based on past performance of this fund.
Asset Allocation
AUM
₹ 262.05 Cr
Equity
382.68%
Money Market & Cash
17.49%
Other Assets & Liabilities
2.3%
Sector Holdings
| Sectors | Weightage |
|---|---|
| Finance - Banks - Private Sector | 49.58% |
| Non-Banking Financial Company (NBFC) | 15.21% |
| Finance & Investments | 7.75% |
| Treps/Reverse Repo | 5.70% |
| Finance - Banks - Public Sector | 5.69% |
| Microfinance Institutions | 2.70% |
| Finance - Housing | 2.60% |
| Auto Parts & Accessories | 2.19% |
| Financial Technologies (Fintech) | 1.82% |
| Finance - Term Lending Institutions | 1.79% |
| Services - Others | 1.51% |
| Exchange Platform | 1.38% |
| Finance - Mutual Funds | 1.33% |
| Finance - Life Insurance | 0.94% |
Stock Holdings
| Name | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|
| HDFC Bank Ltd. | 16.56% | ₹ 45.93 | Finance - Banks - Private Sector |
| ICICI Bank Ltd. | 12.62% | ₹ 35.02 | Finance - Banks - Private Sector |
| Axis Bank Ltd. | 8.44% | ₹ 23.42 | Finance - Banks - Private Sector |
| Kotak Mahindra Bank Ltd. | 7.77% | ₹ 21.56 | Finance - Banks - Private Sector |
| Treps | 6.11% | ₹ 16.94 | Others |
| State Bank of India | 6.04% | ₹ 16.76 | Finance - Banks - Public Sector |
| MAS Financial Services Ltd. | 4.59% | ₹ 12.73 | Non-Banking Financial Company (NBFC) |
| SBI Cards & Payment Services Ltd. | 3.21% | ₹ 8.91 | Non-Banking Financial Company (NBFC) |
| Creditaccess Grameen Ltd. | 2.48% | ₹ 6.88 | Microfinance Institutions |
| IIFL Finance Ltd. | 2.23% | ₹ 6.19 | Non-Banking Financial Company (NBFC) |
| Piramal Finance Ltd. | 2.20% | ₹ 6.12 | Non-Banking Financial Company (NBFC) |
| TVS Holdings Ltd. | 2.19% | ₹ 6.08 | Auto Parts & Accessories |
| Ujjivan Small Finance Bank Ltd. | 1.88% | ₹ 5.22 | Finance - Banks - Private Sector |
| Shriram Finance Ltd. | 1.86% | ₹ 5.15 | Non-Banking Financial Company (NBFC) |
| Motilal Oswal Financial Services Ltd. | 1.81% | ₹ 5.02 | Finance & Investments |
| DCB Bank Ltd. | 1.78% | ₹ 4.93 | Finance - Banks - Private Sector |
| 360 One Wam Ltd. | 1.64% | ₹ 4.56 | Finance & Investments |
| Power Finance Corporation Ltd. | 1.56% | ₹ 4.32 | Finance - Term Lending Institutions |
| Bajaj Finance Ltd. | 1.53% | ₹ 4.26 | Non-Banking Financial Company (NBFC) |
| Aadhar Housing Finance Ltd. | 1.50% | ₹ 4.17 | Finance - Housing |
| CRISIL Ltd. | 1.45% | ₹ 4.03 | Services - Others |
| Computer Age Management Services Ltd. | 1.29% | ₹ 3.59 | Finance & Investments |
| One 97 Communications Ltd. | 1.17% | ₹ 3.25 | Financial Technologies (Fintech) |
| CSB Bank Ltd. | 1.16% | ₹ 3.21 | Finance - Banks - Private Sector |
| Multi Commodity Exchange Of India Ltd. | 1.07% | ₹ 2.97 | Exchange Platform |
| Nippon Life India Asset Management Ltd. | 0.96% | ₹ 2.67 | Finance - Mutual Funds |
| Bajaj Housing Finance Ltd. | 0.85% | ₹ 2.35 | Finance - Housing |
| Five Star Business Finance Ltd. | 0.79% | ₹ 2.19 | Non-Banking Financial Company (NBFC) |
| Karur Vysya Bank Ltd. | 0.78% | ₹ 2.17 | Finance - Banks - Private Sector |
| Aditya Birla Capital Ltd. | 0.61% | ₹ 1.68 | Finance & Investments |
| HDFC Life Insurance Company Ltd. | 0.56% | ₹ 1.55 | Finance - Life Insurance |
| HDB Financial Services Ltd. | 0.56% | ₹ 1.55 | Finance & Investments |
| Muthoot Finance Ltd. | 0.56% | ₹ 1.55 | Non-Banking Financial Company (NBFC) |
| Max Financial Services Ltd. | 0.53% | ₹ 1.47 | Finance & Investments |
| SBI Life Insurance Company Ltd. | 0.48% | ₹ 1.34 | Finance - Life Insurance |
| PB Fintech Ltd. | 0.48% | ₹ 1.34 | Financial Technologies (Fintech) |
| AU Small Finance Bank Ltd. | 0.26% | ₹ 0.71 | Finance - Banks - Private Sector |
| KFIN Technologies Ltd. | 0.25% | ₹ 0.71 | Finance & Investments |
| Aditya Birla Sun Life AMC Ltd. | 0.19% | ₹ 0.52 | Finance - Mutual Funds |
Returns
| Annualised returns | ||||
|---|---|---|---|---|
| 9M | 1Y | 2Y | 3Y | |
| Fund returns | -0.18% | -0.96% | 5.10% | 8.65% |
| Category returns | 2.03% | 3.66% | 8.52% | 20.78% |
Fund Objective
The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that in invested substantially in equity and equity related ... Read more
AMC Details
Name
LIC Mutual Fund Asset Management Limited
Date of Incorporation
20 Apr 1994
CEO
Mr. Ravi Kumar Jha
CIO
Mr. Nikhil Rungta,Mr. Yogesh Patil
Type
Institution
Address
4th Floor,
Industrial Assurance Building,
Opp. Churchgate Station Mumbai, Maharashtra, India - 400020
Website
http://www.licmf.com
Email
Top Funds from Equity - Sectoral/Thematic
|
Scheme Name
|
NAV
|
Returns
1Y
3Y
5Y
|
AUM (Cr)
|
Expense Ratio
|
Risk Meter
|
||
|---|---|---|---|---|---|---|---|
|
Axis Quant Fund
Diversified
Regular
|
₹15.60 | 0.00% | 32.99% | 0.00% | ₹823 | 2.51% |
Very High
|
|
Axis Quant Fund
Diversified
Regular
|
₹15.60 | 0.00% | 32.99% | 0.00% | ₹823 | 2.51% |
Very High
|
|
Axis Quant Fund
Diversified
Regular
|
₹15.60 | 0.00% | 32.99% | 0.00% | ₹823 | 2.51% |
Very High
|
|
SBI Technology Opportunities Fund - Direct Plan
Sector
Direct
|
₹214.35 | -11.42% | 32.91% | 69.48% | ₹4,240 | 0.92% |
Very High
|
|
SBI Technology Opportunities Fund - Direct Plan
Sector
Direct
|
₹152.25 | -11.42% | 32.91% | 69.48% | ₹4,240 | 0.92% |
Very High
|
|
SBI Technology Opportunities Fund - Direct Plan
Sector
Direct
|
₹152.25 | -11.42% | 32.91% | 69.48% | ₹4,240 | 0.92% |
Very High
|
|
Tata Banking and Financial Services Fund
Sector
Regular
|
₹36.50 | -6.17% | 32.78% | 59.79% | ₹3,043 | 2.67% |
Very High
|
|
Tata Banking and Financial Services Fund
Sector
Regular
|
₹36.50 | -6.17% | 32.78% | 59.79% | ₹3,043 | 2.67% |
Very High
|
|
SBI ESG Exclusionary Strategy Fund
Diversified
Regular
|
₹228.43 | -3.35% | 32.33% | 58.37% | ₹5,265 | 1.87% |
Very High
|
|
SBI ESG Exclusionary Strategy Fund
Diversified
Regular
|
₹71.44 | -3.35% | 32.33% | 58.37% | ₹5,265 | 1.87% |
Very High
|
Top Funds from LIC Mutual Fund Asset Management Limited
|
Scheme Name
|
NAV
|
Returns
1Y
3Y
5Y
|
AUM (Cr)
|
Expense Ratio
|
Risk Meter
|
||
|---|---|---|---|---|---|---|---|
|
LIC MF Childrens Fund - Direct Plan
Hybrid
Direct
|
₹36 | 0.81% | 32.40% | 52.18% | ₹15 | 1.51% |
Very High
|
|
LIC MF Equity Savings Fund - Direct Plan
Hybrid
Direct
|
₹31.81 | 2.44% | 32.08% | 47.42% | ₹34 | 1.28% |
Moderately High
|
|
LIC MF Equity Savings Fund - Direct Plan
Hybrid
Direct
|
₹21.48 | 2.44% | 32.02% | 47.36% | ₹34 | 1.28% |
Moderately High
|
|
LIC MF Equity Savings Fund - Direct Plan
Hybrid
Direct
|
₹21.48 | 2.44% | 32.02% | 47.36% | ₹34 | 1.28% |
Moderately High
|
|
LIC MF Equity Savings Fund - Direct Plan
Hybrid
Direct
|
₹17.72 | 2.44% | 32.01% | 47.33% | ₹34 | 1.28% |
Moderately High
|
|
LIC MF Equity Savings Fund - Direct Plan
Hybrid
Direct
|
₹17.72 | 2.44% | 32.01% | 47.33% | ₹34 | 1.28% |
Moderately High
|
|
LIC MF Banking & PSU Fund - Direct Plan
Income
Direct
|
₹10.09 | 0.40% | 0.29% | 0.91% | ₹1,848 | 0.27% |
Moderate
|
|
LIC MF Banking & PSU Fund - Direct Plan
Income
Direct
|
₹10.09 | 0.40% | 0.29% | 0.91% | ₹1,848 | 0.27% |
Moderate
|
|
LIC MF ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹35.55 | -6.61% | 31.43% | 52.50% | ₹994 | 1.04% |
Very High
|
|
LIC MF ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹35.55 | -6.61% | 31.43% | 52.50% | ₹994 | 1.04% |
Very High
|
FAQs
What is the current NAV of LIC MF Banking & Financial Services Fund - Direct Plan Growth?
The current Net Asset Value (NAV) of LIC MF Banking & Financial Services Fund - Direct Plan Growth is ₹22.99 as of 05 Jun 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.
What is the fund size (AUM) of LIC MF Banking & Financial Services Fund - Direct Plan Growth?
The Assets Under Management (AUM) of LIC MF Banking & Financial Services Fund - Direct Plan Growth is ₹262.05 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.
What are the historical returns of LIC MF Banking & Financial Services Fund - Direct Plan Growth?
LIC MF Banking & Financial Services Fund - Direct Plan Growth has delivered returns of -0.96% (1 Year), 8.65% (3 Year), 10.27% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.
What is the risk level of LIC MF Banking & Financial Services Fund - Direct Plan Growth?
LIC MF Banking & Financial Services Fund - Direct Plan Growth has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.
What is the minimum investment amount for LIC MF Banking & Financial Services Fund - Direct Plan Growth?
The minimum lumpsum investment required for LIC MF Banking & Financial Services Fund - Direct Plan Growth is ₹5,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹200, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
-
म्यूचुअल फंड में असली मुनाफा क्यों नहीं मिलता? अमीर बनने के लिए ये 3 आदतें बदलें -
निफ्टी 24,000 के शिखर पर: क्या एकमुश्त निवेश करना है बड़ी गलती? जानिए सही तरीका -
RBI की ₹1 लाख करोड़ की बड़ी नीलामी: क्या आपके लिक्विड फंड का रिटर्न अब बढ़ेगा? -
म्यूचुअल फंड में निवेश का सही तरीका: क्या आप भी अनजाने में गंवा रहे हैं लाखों? -
म्यूचुअल फंड निवेशकों के लिए राहत: SEBI के नए नियमों में देरी का क्या है मतलब? -
रातों-रात अमीर बनने का सपना छोड़ें: SIP के जरिए करोड़ों का फंड बनाने का असली सच -
Edelweiss Nifty Next 50 ETF NFO: क्या 14 मई की डेडलाइन से पहले पैसा लगाना सही फैसला है? -
11 मई को बंद हो रहे हैं SIF NFO: क्या टाटा और यूनियन के इन फंड्स में पैसा लगाना सही फैसला है? -
भीड़ से अलग चलने का मौका: मोतीलाल ओसवाल कॉन्ट्रा फंड NFO में निवेश से पहले ये 3 बातें जरूर जानें -
बाजार की गिरावट से डरें नहीं: SIP के जरिए कैसे बनाएं वेल्थ का बड़ा फंड?
Top Mutual Fund House in India
Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
-
Block for 8 hours
-
Block for 12 hours
-
Block for 24 hours
-
Don't block
Stay Informed.
Get news and videos anytime and anywhere.
Sign in with Google By signing in, you agree to our Terms and Privacy Policy
Gender
Select your Gender
- Male
- Female
- Others
Age
Select your Age Range
- Under 18
- 18 to 25
- 26 to 35
- 36 to 45
- 45 to 55
- 55+