LIC MF Banking & Financial Services Fund - G

NAV ₹19.0541 ↑ 0.15 (0.80 %) as on 19 Nov 24

Table of Contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

Scheme Objective

The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However, there can be no assurance that the investment objective of the Scheme will be realised.

LIC MF Banking & Financial Services Fund is a Equity - Sectoral fund launched on 27 Mar 15. It is a fund with High risk and has given a CAGR return of 6.9% since its launch. Return for 2023 was 20.5% , 2022 was 19.6% and 2021 was 9.8% .

Below is the key information for LIC MF Banking & Financial Services Fund

NAV as on 19 Nov 24	₹19.0541 ↑ 0.15 (0.80 %)
Net Assets (AUM) as on 31 Oct 2024	₹261 Cr.
Launch Date	27 Mar 2015
Category	Equity - Sectoral
Rating	Not Rated
Type	Open Ended Fund
Risk	High
AMC	LIC Mutual Fund Asset Mgmt Co Ltd

Alpha Ratio	-10.41
Expense Ratio	2.3 %
Sharpe Ratio	0.511
Information Ratio	0.18
Benchmark	Not Available
Min Investment	₹5,000
Min SIP Investment	₹1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)

NAV Price Chart

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24

Duration	Returns
1 Month	-4.4%
3 Month	-1.7%
6 Month	1.9%
1 Year	9.3%
3 Year	10.1%
5 Year	10%
10 Year
15 Year
Since launch	6.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	20.5%
2022	19.6%
2021	9.8%
2020	-2.1%
2019	19.9%
2018	-18%
2017	32.7%
2016	10.5%
2015

Growth of 10k Over Years

Date	Value
31 Oct 19	₹10,000
31 Oct 20	₹8,281
31 Oct 21	₹12,632
31 Oct 22	₹13,477
31 Oct 23	₹14,853
31 Oct 24	₹16,993

Asset Allocation

Asset Class	Value
Cash	1.99%
Equity	98.01%

Sector Allocation

Sector	Value
Financial Services	93.94%
Consumer Cyclical	2.15%
Technology	1.93%

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| HDFCBANK	Banks - Regional	23%	₹61 Cr	349,534 ↓ -49,371
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| ICICIBANK	Banks - Regional	11%	₹28 Cr	218,200 ↓ -41,641
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| 532215	Banks - Regional	8%	₹20 Cr	173,243 ↓ -3,400
State Bank of India (Financial Services) Equity, Since 31 Mar 20 \| SBIN	Banks - Regional	6%	₹15 Cr	184,137 ↓ -17,723
Power Finance Corp Ltd (Financial Services) Equity, Since 30 Sep 23 \| 532810	Credit Services	3%	₹8 Cr	183,242 ↓ -17,636
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 29 Feb 24 \| KOTAKBANK	Banks - Regional	3%	₹8 Cr	45,259 ↓ -4,354
CSB Bank Ltd Ordinary Shares (Financial Services) Equity, Since 31 Aug 22 \| CSBBANK	Banks - Regional	3%	₹7 Cr	224,468 ↓ -21,604
Mahindra & Mahindra Financial Services Ltd (Financial Services) Equity, Since 31 Dec 23 \| M&MFIN	Credit Services	3%	₹7 Cr	259,925 ↓ -25,018
Piramal Enterprises Ltd (Financial Services) Equity, Since 31 Oct 21 \| 500302	Financial Conglomerates	3%	₹7 Cr	64,512 ↓ -6,208
CreditAccess Grameen Ltd Ordinary Shares (Financial Services) Equity, Since 30 Sep 22 \| CREDITACC	Credit Services	3%	₹7 Cr	67,962 ↓ -6,540

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Fund Managers

Name	Since	Tenure
Jaiprakash Toshniwal	6 Sep 21	3.15 Yr.

Custodians

Company	Address
Standard Chartered Bank - India	Standard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Ltd
Address	138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAX	N.A
Email	N.A

Administrator Companies

Company	Address
LIC Mutual Fund	4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

Company	Address
S. R. BATLIBOI & Co	Express Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
LIC MF Banking & Financial Services Fund Growth	₹19.0541 ↑ 0.15	1.94 %	9.29 %	10.13 %	9.97 %
LIC MF Banking & Financial Services Fund Normal Dividend, Payout	₹19.0507 ↑ 0.15	1.94 %	9.29 %	10.13 %	9.97 %
LIC MF Banking & Financial Services Fund Normal Dividend, Reinvestment	₹19.0507 ↑ 0.15	1.94 %	9.29 %	10.13 %	9.97 %
Data as on 19 Nov 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.

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