LIC MF Banking and Financial Services Fund
NAV
₹25.09
as of 21 Aug 2026
LIC MF Banking and Financial Services Fund is an open-ended Sectoral/ Thematic scheme from LIC Mutual Fund managing ₹270 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹25.09 as of 21 Aug 2026. The expense ratio is 1.68% a year. Managed by Sudhanshu Asthana. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.68% / yr
- as of 30 Jun 2026
- Fund size
- ₹270 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 27 Mar 2015
- ISIN
- INF767K01NK6
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty Financial Services TRI
LIC MF Banking and Financial Services Fund
₹177
+77% on ₹100 over 5.0 yrs
Sectoral/ Thematic average
₹187
+87% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 6.77% | 6.78% | -0.01 |
| 6 months | -2.67% | 3.68% | -6.35 |
| 1 year | 5.32% | 6.07% | -0.75 |
| 3 years (CAGR) | 9.77% | 16.01% | -6.24 |
| 5 years (CAGR) | 12.08% | 15.20% | -3.12 |
Category average across 119 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -4.4%
- Median
- 14.3%
- Best
- 41.6%
49 windows over the last 60 months, stepped monthly; 96% ended positive. Worst window began 1 Mar 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 8.8%
- Median
- 13.8%
- Best
- 21.6%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Jun 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.20
- Sharpe ratio (5Y)
- 0.43
- Sortino ratio (3Y)
- 0.29 vs category 0.54
- Standard deviation (3Y)
- 15.87%
- Beta (3Y)
- 0.96
- Alpha (3Y)
- -1.54%
- Deepest fall (5Y)
- -14.86%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-14.9%
Right now
-3.6% below peak
Ahead of its benchmark in 58% of months (window: 3y, monthly) — benchmark: Nifty Financial Services TRI, name shown only.
Where the money actually is
Equity
98.0%
Cash
2.0%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
27 positions · top 10 = 61.5%
Market-cap mix
Large 48.0%Mid 29.7%Small 20.3%Other 2.0%
as of 31 Jul 2026
Holdings by sector
Financial Services(10 in top 10)94.8%
- ICICI Bank Ltd14.04%
- Axis Bank Ltd8.90%
- HDFC Bank Ltd8.22%
- AU Small Finance Bank Ltd5.76%
- Bajaj Finance Ltd5.49%
- IndusInd Bank Ltd4.93%
- PB Fintech Ltd3.68%
- BSE Ltd3.68%
- Karur Vysya Bank Ltd3.41%
- Nippon Life India Asset Management Ltd Ordinary Shares3.39%
- Technology3.1%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 50.0% vs category 37.3% a year.
The businesses it owns
- P/E (trailing)
- 20.0 vs category 25.8
- P/B
- 2.5 vs category 3.8
- Dividend yield
- 0.8% vs category 1.1%
- Net margin
- 28.7% vs category 15.4%
- Earnings growth
- 11.9%
- Avg market cap
- ₹1.49 lakh crore
Money in, money out
- Net flow, 12 months
- −₹16 cr
- Net flow, 3 months
- −₹3 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of LIC MF Banking and Financial Services Fund?
- ₹25.09 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of LIC MF Banking and Financial Services Fund?
- 1.68% a year for the Direct plan, as of 30 Jun 2026.
- How large is LIC MF Banking and Financial Services Fund?
- ₹270 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is LIC MF Banking and Financial Services Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What are the 5-year returns of LIC MF Banking and Financial Services Fund?
- 12.08% a year over the last 5 years (Direct plan, CAGR), against a Sectoral/ Thematic average of 15.20%. Past returns do not predict future returns.
- What is the worst 3-year return of LIC MF Banking and Financial Services Fund?
- 8.8% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Jun 2023. The median was 13.8% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages LIC MF Banking and Financial Services Fund?
- Sudhanshu Asthana, managing this fund for 0.3 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- LIC MF Infrastructure Fund₹1,145 crore
- LIC MF Manufacturing Fund₹782 crore
- Kotak Energy Opportunities Fund₹275 crore
- Bank of India Banking & Financial Services Fund₹274 crore
- quant Teck Fund₹269 crore
- ITI Pharma and Healthcare Fund₹263 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Financial Services TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.