LIC MF Banking and Financial Services Fund

Sectoral / ThematicEquity SEBI-regulated

NAV (Direct-Growth)

₹24.9925

As of 3 Jul 2026 · AMFI

AUM

₹256.29 Cr

Expense ratio

0.99%

1Y returns

+3.06%

cat 4.44%

3Y CAGR

+9.93%

cat 13.50%

5Y CAGR

+12.32%

cat 13.41%

Std deviation 3Y

+15.96%

cat 17.08%

In plain English

LIC MF Banking and Financial Services Fund is a Sectoral / Thematic scheme from LIC. The portfolio is ~94% in equities with 6% kept in cash and short-term debt. Long-run track record: about 12.3% CAGR over 5 years. Volatility is typical for equity — 20–30 % drawdowns happen during market stress. Worst historical drawdown: -45% in Mar 2020, recovered in 11 months. Wrong fit if you need this money in less than 7 years.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

Showing Direct · Growth · INF767K01NK6

NAV (Direct-Growth)

₹24.9925

Last 1Y

+4.80%

Jul 25Min ₹21.68 · Max ₹25.91 · 201 ptsJul 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Mar 2020

-44.8%

Peak ₹13.36 on 3 Nov 2017 → trough ₹7.38 on 23 Mar 2020 (29 months down).

Recovered in 11 months· 2 Feb 2021

Feb 2016

-33.2%

Peak ₹10.33 on 6 Aug 2015 → trough ₹6.90 on 25 Feb 2016 (7 months down).

Recovered in 6 months· 6 Sept 2016

Mar 2022

-21.4%

Peak ₹16.33 on 26 Oct 2021 → trough ₹12.83 on 7 Mar 2022 (4 months down).

Recovered in 6 months· 8 Sept 2022

Mar 2026 — ongoing

-16.3%

Peak ₹25.91 on 6 Jan 2026 → trough ₹21.68 on 31 Mar 2026 (3 months down).

Not yet recovered

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

4 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.99% — typical for category.
AUM size
₹256 Cr.
Sector concentration
Top 3 sectors = 94.5% — heavy concentration risk.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	-0.97%	-0.80%	20/ 28
1M	+7.30%	+7.94%	25/ 28
3M	-3.62%	-2.83%	23/ 24
6M	-2.05%	-0.84%	21/ 24
YTD	-1.88%	-0.60%	22/ 24
1Y	+3.06%	+4.44%	16/ 22
2Y	+7.34%	+9.70%	19/ 20
3Y	+9.93%	+13.50%	16/ 16
5Y	+12.32%	+13.41%	11/ 13
7Y	+11.04%	+10.18%	10/ 11
10Y	+11.04%	+13.89%	11/ 11

Portfolio composition

Asset allocation

Equity94.00%
Cash6.00%

By market cap

Large cap50.49%
Mid cap25.63%
Small cap23.17%
Others0.71%

Concentration

Holdings

Avg market cap

₹1.58 L Cr

Top 10 stocks

64.20%

Top 5 stocks

48.96%

Top 3 sectors

94.46%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
HDFC Bank Ltd
—15.81%
1
HDFC Bank Ltd
—15.24%
2
ICICI Bank Ltd
—12.79%
2
ICICI Bank Ltd
—12.25%
3
Axis Bank Ltd
—8.21%
3
Axis Bank Ltd
—8.19%
4
Kotak Mahindra Bank Ltd
—7.67%
4
Kotak Mahindra Bank Ltd
—7.60%
5
State Bank of India
—5.71%
5
Treps
—5.70%
6
State Bank of India
—5.69%
7
MAS Financial Services Ltd Ordinary Shares
—5.09%
6
MAS Financial Services Ltd Ordinary Shares
—4.58%
7
Treps
—3.68%
8
SBI Cards and Payment Services Ltd Ordinary Shares
—3.05%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio19.0418.31+0.73
P/B ratio2.342.26+0.08
Price / Sales4.383.94+0.44
Price / Cash Flow—0.00—
Dividend yield0.84%0.94%-0.10
Return on equity (ROE)14.56%15.70%-1.14

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
14.2615.9616.1722.8417.0817.14
Sharpe ratio
Risk-adjusted return — higher is better.
-0.080.260.430.010.420.45
Sortino ratio
Like Sharpe but only counts downside volatility.
-0.110.380.680.020.630.70
Beta
1 = moves with the market. <1 = less volatile.
0.940.960.951.040.980.97

Peers in Sectoral / Thematic

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

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