Lic Mf Banking N Financial Services Fund Growth Direct Plan

Risk: Very High
₹ 21.89
NAV (Jul 25,2024)

The LIC MF Banking & Financial Services Fund - Growth - Direct Plan is a mutual fund scheme that aims to provide growth and capital appreciation by investing in banking and financial services companies. With a minimum investment of ₹5000, this fund has an expense ratio of 1.2%. As of now, the scheme has an asset under management (AUM) of ₹308.02 crores. The fund was established on 27th March 2015 and has a lock-in period of 0 years. The fund has a price-to-earnings (PE) ratio of 18.58 and a price-to-book (PB) ratio of 2.70.

Lic Mf Banking N Financial Services Fund Growth Direct Plan Latest Trend

  • 1M
  • 2M
  • 3M

Lic Mf Banking N Financial Services Fund Growth Direct Plan Latest Trend

Risk Ratios

  • P/E Ratio
    UM_URBAN_MONEY

    18.58
  • P/B Ratio
    UM_URBAN_MONEY

    2.70
  • Alpha
    UM_URBAN_MONEY

    0.04
  • Beta
    UM_URBAN_MONEY

    0.85
  • Sharpe
    UM_URBAN_MONEY

    0.09
  • Sortino
    UM_URBAN_MONEY

    0.15

Fund Overview

Expense ratio
UM_URBAN_MONEY

1.20%

Exit Load
UM_URBAN_MONEY

0%

Lock-in
UM_URBAN_MONEY

No Lock-in

AUM (Fund Size)
UM_URBAN_MONEY

₹ 308.02 Cr

Index
UM_URBAN_MONEY

Min. Investment
UM_URBAN_MONEY

SIP ₹5000.00

Scheme Riskometer

Investors understand that their principal will be at
Very High

Investment Return Calculator

as on Jul 27, 2024

Total Invested Amount

3 Months Absolute Return (In %)

6 Months Absolute Return (In %)

1 Year Absolute Return (In %)

3 Year Absolute Return (In %)

5 Year Absolute Return (In %)

₹ 10,000₹ 10,657.33 (6.57%)₹ 11,094.8 (10.95%)₹ 11,461.91 (14.62%)₹ 15,650.68 (56.51%)₹ 19,386.7 (93.87%)
₹ 30,000₹ 31,971.99 (6.57%)₹ 33,284.4 (10.95%)₹ 34,385.73 (14.62%)₹ 46,952.04 (56.51%)₹ 58,160.1 (93.87%)
₹ 50,000₹ 53,286.65 (6.57%)₹ 55,474 (10.95%)₹ 57,309.55 (14.62%)₹ 78,253.4 (56.51%)₹ 96,933.5 (93.87%)
₹ 80,000₹ 85,258.64 (6.57%)₹ 88,758.4 (10.95%)₹ 91,695.28 (14.62%)₹ 1,25,205.44 (56.51%)₹ 1,55,093.6 (93.87%)
₹ 1,00,000₹ 1,06,573.3 (6.57%)₹ 1,10,948 (10.95%)₹ 1,14,619.1 (14.62%)₹ 1,56,506.8 (56.51%)₹ 1,93,867 (93.87%)

Calculate Your Mutual Fund Returns

₹
  • ₹ 500
  • ₹ 1 Lac
Years
  • 1
  • 30
%
  • 1
  • 30
₹

Total investment

+
₹

Profit

YearInvested Amount(₹)Wealth Gained(₹)Expected Amount(₹)

Fund Portfolio Allocation

  • Holdings
  • Sectors

Name

Assets

  • HDFC Bank Ltd24.20%
  • ICICI Bank Ltd15.45%
  • State Bank of India9.64%
  • Axis Bank Ltd7.31%
  • The Federal Bank Ltd5.26%
  • Creditaccess Grameen Ltd3.76%
  • L&T Finance Holdings Ltd3.67%
  • DCB Bank Ltd3.36%
  • Piramal Enterprises Ltd3.24%
  • CSB Bank Ltd2.93%
  • Five Star Business Finance Ltd2.70%
  • Equitas Small Finance Bank Ltd2.42%
  • Treps2.34%
  • One Wam Ltd2.19%
  • Aavas Financiers Ltd2.05%
  • MAS Financial Services Ltd1.98%
  • Muthoot Finance Ltd1.78%
  • Karur Vysya Bank Ltd1.66%
  • Power Finance Corporation Ltd1.59%
  • SBI Cards & Payment Services Ltd1.28%
  • Mahindra & Mahindra Financial Serv Ltd1.25%
  • Net Receivables Payables-0.08%

Holdings Analysis

Peer Comparison

Pick your choice with our quick comparitive analysis

  • 6M
  • 1Y
  • 3Y
  • 5Y
Mutual Fund SchemesCategoryRiskAbsolute Return (6M)

SBI Infrastructure Fund - Regular Plan - GrowthSBI Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

32.65%

Taurus Infrastructure Fund - Regular Plan - GrowthTaurus Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

31.22%

Franklin India Technology Fund - GrowthFranklin India Technology Fund - Growth

EQUITY

Very High

28.02%

Canara Robeco Infrastructure Fund - Regular Plan - GrowthCanara Robeco Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

26.72%

HSBC Infrastructure Equity Fund - GrowthHSBC Infrastructure Equity Fund - Growth

EQUITY

Very High

19.02%

IDBI Banking & Financial Services Fund - Regular Plan - GrowthIDBI Banking & Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

14.26%

Baroda BNP Paribas Banking and Financial Services Fund - Regular Plan - GrowthBaroda BNP Paribas Banking and Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

11.76%

Aditya Birla Sun Life India GenNext Fund - GrowthAditya Birla Sun Life India GenNext Fund - Growth

EQUITY

Very High

11.48%

Nippon India Banking & Financial Services Fund - GrowthNippon India Banking & Financial Services Fund - Growth

EQUITY

Very High

10.97%

ITI Banking & Financial Services Fund - Regular Plan - GrowthITI Banking & Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

7.00%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Quant Infrastructure Fund - GrowthQuant Infrastructure Fund - Growth

EQUITY

Very High

74.03%

HDFC Infrastructure Fund - GrowthHDFC Infrastructure Fund - Growth

EQUITY

Very High

71.23%

Invesco India Infrastructure Fund - GrowthInvesco India Infrastructure Fund - Growth

EQUITY

Very High

64.60%

Tata Infrastructure Fund - Regular Plan - GrowthTata Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

60.08%

DSP India T.I.G.E.R. Fund - Regular Plan - GrowthDSP India T.I.G.E.R. Fund - Regular Plan - Growth

EQUITY

Very High

59.62%

Sundaram Infrastructure Advantage Fund - GrowthSundaram Infrastructure Advantage Fund - Growth

EQUITY

Very High

55.35%

Bank of India Manufacturing & Infrastructure Fund - Regular Plan - GrowthBank of India Manufacturing & Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

54.38%

Mahindra Manulife Consumption Fund - Regular Plan - GrowthMahindra Manulife Consumption Fund - Regular Plan - Growth

EQUITY

Very High

34.42%

Mirae Asset Great Consumer Fund - Regular Plan - GrowthMirae Asset Great Consumer Fund - Regular Plan - Growth

EQUITY

Very High

34.41%

ICICI Prudential FMCG Fund - GrowthICICI Prudential FMCG Fund - Growth

EQUITY

Very High

15.81%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

HDFC Infrastructure Fund - GrowthHDFC Infrastructure Fund - Growth

EQUITY

Very High

39.48%

DSP India T.I.G.E.R. Fund - Regular Plan - GrowthDSP India T.I.G.E.R. Fund - Regular Plan - Growth

EQUITY

Very High

35.43%

Quant Infrastructure Fund - GrowthQuant Infrastructure Fund - Growth

EQUITY

Very High

34.60%

Invesco India Infrastructure Fund - GrowthInvesco India Infrastructure Fund - Growth

EQUITY

Very High

34.39%

Tata Infrastructure Fund - Regular Plan - GrowthTata Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

32.74%

Bank of India Manufacturing & Infrastructure Fund - Regular Plan - GrowthBank of India Manufacturing & Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

31.91%

Sundaram Infrastructure Advantage Fund - GrowthSundaram Infrastructure Advantage Fund - Growth

EQUITY

Very High

27.58%

Mirae Asset Great Consumer Fund - Regular Plan - GrowthMirae Asset Great Consumer Fund - Regular Plan - Growth

EQUITY

Very High

20.90%

ICICI Prudential FMCG Fund - GrowthICICI Prudential FMCG Fund - Growth

EQUITY

Very High

18.74%

Mahindra Manulife Consumption Fund - Regular Plan - GrowthMahindra Manulife Consumption Fund - Regular Plan - Growth

EQUITY

Very High

18.66%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Quant Infrastructure Fund - GrowthQuant Infrastructure Fund - Growth

EQUITY

Very High

37.64%

Tata Infrastructure Fund - Regular Plan - GrowthTata Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

25.22%

Bandhan Infrastructure Fund - Regular Plan - GrowthBandhan Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

24.45%

Kotak Infrastructure and Economic Reform Fund - GrowthKotak Infrastructure and Economic Reform Fund - Growth

EQUITY

Very High

24.43%

HDFC Infrastructure Fund - GrowthHDFC Infrastructure Fund - Growth

EQUITY

Very High

21.45%

Taurus Infrastructure Fund - Regular Plan - GrowthTaurus Infrastructure Fund - Regular Plan - Growth

EQUITY

Very High

21.08%

ICICI Prudential FMCG Fund - GrowthICICI Prudential FMCG Fund - Growth

EQUITY

Very High

14.14%

UTI Banking and Financial Services Fund - Regular Plan - IDCWUTI Banking and Financial Services Fund - Regular Plan - IDCW

EQUITY

Very High

11.53%

IDBI Banking & Financial Services Fund - Regular Plan - GrowthIDBI Banking & Financial Services Fund - Regular Plan - Growth

EQUITY

Very High

8.63%

IL&FS Infrastructure Debt Fund - Series 1-C - Regular Plan - GrowthIL&FS Infrastructure Debt Fund - Series 1-C - Regular Plan - Growth

DEBT

Low

5.12%

Show all Funds

Fund Managers

JT

Mr. Jaiprakash Toshniwal Fund Manager - Equity

Senior Equity Research Analyst - LIC Mutual Fund Asset Management Ltd. (28th January 2021 onwards) • Equity Research Analyst - India First Life Insurance (16th August 2011 - 27th January 2021) • Equity Research Analyst - Taurus Mutual Fund (December 2009 - August 2011)

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Compare with similar Funds

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

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Kotak Infrastructure and Economic Reform Fund - Growth

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

vs

IL&FS Infrastructure Debt Fund - Series 1-C - Regular Plan - Growth

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

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UTI Banking and Financial Services Fund - Regular Plan - IDCW

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Bandhan Infrastructure Fund - Regular Plan - Growth

FAQ's

What is the risk level associated with the LIC MF Banking & Financial Services Fund - Growth - Direct Plan?

The LIC MF Banking & Financial Services Fund - Growth - Direct Plan is classified as a Very High risk mutual fund.

What is the current NAV (Net Asset Value) of the LIC MF Banking & Financial Services Fund - Growth - Direct Plan as of Jul 25,2024?

The current NAV of the LIC MF Banking & Financial Services Fund - Growth - Direct Plan as of Jul 25,2024 is INR 21.89.

What are the returns generated by the LIC MF Banking & Financial Services Fund - Growth - Direct Plan over the past 1, 3, and 5 years?

The LIC MF Banking & Financial Services Fund - Growth - Direct Plan delivered returns of 23.09 %, 14.27 %, and 13.86 % over the past 1, 3, and 5 years respectively.

What is the expense ratio associated with the LIC MF Banking & Financial Services Fund - Growth - Direct Plan?

The LIC MF Banking & Financial Services Fund - Growth - Direct Plan has a low expense ratio of 1.2%, making it a cost-effective choice for investors seeking exposure to the banking and financial services sector.

What is the minimum investment amount required for the LIC MF Banking & Financial Services Fund - Growth - Direct Plan?

The LIC MF Banking & Financial Services Fund - Growth - Direct Plan requires a minimum investment of INR 5000.

Is there a systematic investment plan (SIP) available for the LIC MF Banking & Financial Services Fund - Growth - Direct Plan?

Yes, SIP is available for LIC MF Banking & Financial Services Fund - Growth - Direct Plan with a minimum investment of INR 5000 per month.

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