LIC MF Banking & Financial Services Fund - Regular - Growth+0.4%

-25.1%
1 Year Return
Equity
Sectoral/Thematic
2.0 star
1Y
3Y

Fund Details

LIC MF Banking & Financial Services Fund - Regular - Growth

RiskHigh
Min SIP Amount₹1000
Expense Ratio2.84%
NAV9.7 (19-Nov-2018)
Fund Started27-Mar-2015
Fund Size83 Cr

Returns

Fund
1Y
3Y
5Y
LIC MF Banking & Financial Services Fund - Regular - Growth
-25.1%
3.4% p.a
NA

SIP Calculator

I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with -25.1% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 3 years
    3. Risk-adjusted returns are lower compared to the category
    4. Risk is higher compared to the benchmark
    5. Higher expense ratio
    6. 1Y Returns are lower than the benchmark
    7. 3Y Returns are lower than the benchmark

    Top 10 Holdings

    Name% AssetsSectorInstrumentRating/SizeValue(Cr)
    HDFC Bank Ltd.18.4%Financial ServicesEquityLarge Cap10.0
    ICICI Bank Ltd. 10.9%Financial ServicesEquityLarge Cap5.9
    Kotak Mahindra Bank Ltd.9.9%Financial ServicesEquityLarge Cap5.3
    Axis Bank Ltd.9.1%Financial ServicesEquityLarge Cap4.9
    CBLO(CCIL)7.7%Current AssetsMoney Market--4.2
    City Union Bank Ltd.7.1%Financial ServicesEquityMid Cap3.9
    IndusInd Bank Ltd.6.7%Financial ServicesEquityLarge Cap3.6
    Federal Bank Ltd.6.2%Financial ServicesEquityMid Cap3.3
    Housing Development Finance Corporation Ltd.5.8%Financial ServicesEquityLarge Cap3.1
    Bajaj Finance Ltd.3.8%Financial ServicesEquityLarge Cap2.1
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    About LIC Mutual Fund

    LIC Mutual Fund started their mutual fund on 20/04/1994 and its managing total assets of ₹22,871 Cr. Its ranked at 17 as per total assets at end of 30th Sep 2017.

    Established in 20th April 1989, it is an associate company of one of India's most reputed brands LIC. LIC Mutual funds aim to create financial discipline and corporate governance and is chosen by many investors, due to it being a pioneering brand.

    The motto of LIC is to create value for its investors by adopting an investing strategy that is innovative, yet stable for a dynamic environment, such as ours. It targets to cater to all segments of the society and creating an investment experience which is unparalleled.

    It offers a large variety of funds, starting from equity, debt, hybrid, solution oriented and index funds. Investors of different risk appetites and investment duration can build a strong portfolio through LIC mutual funds.

    Launch Date19 Apr 1994
    Address4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
    Assets22,871 Cr
    SponsorNA
    Phone022-66016000
    Emailcs.co@licmf.com
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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