LIC MF Banking & Financial Services Fund Direct Growth
LIC MF Banking & Financial Services Fund Direct Growth

LIC MF Banking & Financial Services Fund Direct Growth

Equity
Direct
Very High Risk
Sector - Financial Services

NAV: ₹ 16.33 as on 26-10-2021

Fund Overview

Expense ratio
Expense ratio
1.49%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹62 Cr
Inception Date
Inception Date
27 March, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
27.5%

Fund Distribution

  • Equity 97.3%
  • Debt & Cash 2.7%
Size breakup
Large cap
85.19%
Mid cap
12.99%
Small cap
1.82%
Sector Allocation
Financial Services100%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings20
Equity Holdings18
Debt Holdings2
HDFC Bank Ltd
HDFC Bank Ltd
23.5%
ICICI Bank Ltd
ICICI Bank Ltd
16.5%
State Bank of India
State Bank of India
8.5%
Axis Bank Ltd
Axis Bank Ltd
8.4%
Housing Development Finance Corp Ltd
Housing Development Finance Corp Ltd
7.7%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
7.2%
The Federal Bank Ltd
The Federal Bank Ltd
5.3%
City Union Bank Ltd
City Union Bank Ltd
4.1%

Fund Highlights

Fund Manager

Fund Manager

Yogesh Patil
About the fund

About the fund

This fund has delivered an average annual returns of 7.73% since inception which is less than its category average return of 16.7%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.3% in Equity, 0% in Debt and 2.7% in Cash related instruments
AUM size ₹62 Cr

AUM size ₹62 Cr

This fund has AUM of ₹62 Cr which is less than its category average of ₹ 1379 Cr
Expense Ratio 1.49%

Expense Ratio 1.49%

This fund has an expense ratio of 1.49% which is less than its category average expense ratio of 1.63%

AMC details

Fund House
LIC Mutual Fund Asset Management Limited
Email
licmfamc@licmutual.com
Phone
+912222812038
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
We are a SEBI registered investement advisor