Log In Sign Up

Unlisted Shares

IPO & Startups

Mutual Funds

PMS

Listed

Analyse

Track

ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
LIC MF Banking & Financial Services Fund - Regular Plan - Growth
Equity Sector Funds Very High Risk Fund Manager: Sudhanshu Asthana

My Notes

No Notes Added Yet

📓 Notes
-7.17%
1Y Return
-1.21% 1D
Overview Returns Historical Holdings Peer Comparison Fund Managers AMC FAQ
Latest NAV
₹20.12
Fund Size
₹256 Cr
Turnover Ratio
0.73
Lock-in Period
Nil
Inception Date
27 Mar 2015
Return Since Inception
6.23%
Fund Type
Open ended scheme
Min. Lumpsum / SIP
₹5000 / ₹500

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

Looking to Grow Your Wealth with Mutual Funds?

Expert-managed portfolios tailored to your financial goals and risk appetite.

NAV Performance
Historical Net Asset Value
-7.17% 1Y Return
≤ 1 year — Absolute; > 1 year — CAGR
Return Calculator
Estimation based on past performance
Monthly Investment
₹
Over The Past
Invested Amount
0
Est. Returns
0
After 0 Years your investment will be:
₹ 0 (0%)
Lumpsum Investment
₹
Over The Past
Invested Amount
0
Est. Returns
0
After 0 Years your investment will be:
₹ 0 (0%)
Returns and Rankings
Benchmark: Nifty Financial Services - TRI
Sector Funds 1M3M6M9M1Y 2Y3Y4Y5Y10YALL
Fund returns -6.17%-8.18% -5.77%-10.05% -7.17%0.51% 4.82%7.2% 6.63%6.96% 6.23%
Category returns -4.29%-6.59% -3.04%-5.86% -3.31%3.07% 10.29%11.36% 8.73%11.08% N/A
Absolute returns -6.17%-8.18%-5.77%-10.05%-7.17%1.02%15.19%32.07%37.85%95.98% 101.24%
Rank within category 26/28 26/28 27/28 24/24 20/23 19/21 17/17 14/14 13/13 11/11 N/A
≤ 1 year — Absolute; > 1 year — CAGR
Historical Data
Benchmark: Nifty Financial Services - TRI
Sector Funds 20162017201820192020202120222023202420252026
Yearly returns10.52%32.72%-18%19.88%-2.1%9.84%19.55%20.51%0.46%16.47%-9.74%
Q1 returns-6.41%17.22%-16.39%8.15%-36.76%2.33%0.23%-5.54%-5.63%-1.56%-14.6%
Q2 returns13.09%3.31%0.82%5.39%11.82%5.85%-7.21%14.3%12.73%13.3%12.85%
Q3 returns13.08%-3.6%-9.92%-2.39%1.41%6.98%18.55%2.64%0.75%-3.66%-6.45%
Q4 returns-7.66%13.69%7.99%7.76%36.54%-5.21%8.43%8.74%-6.28%8.4%0.11%
Expense Ratio, Exit Load & Tax
Expense Ratio: 2.86% (Inclusive of GST)
Exit Load

Nil upto 12% of units and 1% on remaining units on or before 90D, Nil after 90D

Advanced Ratios
Alpha-0.2743
Beta0.9648
Sharpe Ratio-0.00251102
Sortino Ratio-0.00446908
Risk Metrics
R-Squared0.854
Tracking Error1.6924
Downside Risk24.2315
Std. Deviation (Annualised)15.4043
Peer Comparison
Sector Funds 1M3M6M9M1Y3Y5Y10YALL Fund Size (Cr)Exp. RatioSharpeRisk
Quant BFSI Fund - Regular Plan - Growth -7.3% -8.48% 3.24% -0.07% 5.13% 17.22% N/A N/A 21.66% 893.84 3.49 0.22 Very High
Invesco India Financial Services Fund - Regular Plan - Growth -3.6% -6.45% -3.71% -4.71% -1.5% 14.09% 10.83% 13.39% 15.51% 1,788.59 2.19 0.17 Very High
SBI Banking & Financial Services Fund - Regular Plan - Growth -2.32% -5.87% -5.12% -8.97% -4.97% 13.6% 9.66% 13.33% 13.1% 10,420.40 2.17 0.16 Very High
Baroda BNP Paribas Banking and Financial Services Fund - Regular Plan - Growth -4.46% -5.72% -2.13% -6.17% -4.4% 11.64% 8.53% 10.41% 11.42% 516.27 2.67 0.12 Very High
Bandhan Financial Services Fund - Regular Plan - Growth -4.66% -6.78% -2.08% -6.74% -5.83% 11.41% N/A N/A 11.54% 1,046.38 2.50 0.13 Very High
UTI Banking and Financial Services Fund - Regular Plan - IDCW -2.67% -5.94% -2.54% -5.49% -4.04% 10.77% 8.59% 9.38% 13.92% 1,339.13 2.38 0.10 Very High
HDFC Banking & Financial Services Fund - Regular Plan - Growth -2.97% -7% -2.73% -5.22% -1.86% 10.23% 8.97% N/A 10.66% 4,425.37 2.02 0.09 Very High
Kotak Banking & Financial Services Fund - Regular Plan - Growth -3.79% -7.78% -2.8% -5.16% -3.18% 10.14% N/A N/A 12.51% 1,448.47 2.24 0.08 Very High
Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth -4.35% -6.99% -4.32% -6.96% -3.8% 10.09% 9.06% N/A 12.95% 2,195.97 2.14 0.09 Very High
LIC MF Banking & Financial Services Fund - Regular Plan - Growth Current -6.17% -8.18% -5.77% -10.05% -7.17% 4.82% 6.63% 6.96% 6.23% 256.38 2.86 0.00 Very High
Holdings (5)
Instrument Type
Cash & Cash Equivalents and Net Assets
4.29%
Domestic Equities
6.20%
Sector
Others
4.29%
Capital Markets
2.29%
Finance
3.90%
NameSectorInstrumentAssets %
Treps Cash & Cash Equivalents and Net Assets 4.47%
360 One Wam Ltd. Capital Markets Domestic Equities 2.29%
Aadhar Housing Finance Ltd. Finance Domestic Equities 2.01%
Aavas Financiers Ltd. Finance Domestic Equities 1.89%
Net Receivables / (Payables) Cash & Cash Equivalents and Net Assets -0.17%
Total10.49%
FUND MANAGERS
Managed By Experts
MS
Mr. Sudhanshu Asthana
in

Mr. Sudhanshu Asthana has over 13 years experience as an equity fund manager. His previous experience includes Barclays Wealth India and SBI Fund Management.

Age
38 Yrs
Experience
13 Years
Reported
25 Mar 2010
MA in Economics, Diploma in Investment Management, (NMIMS)
FAQ
All You Need To Know About Mutual Funds
It is an Open ended scheme that primarily invests in Sector Funds.
The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that in invested substantially in equity and equity related securities of companies engaged in banking and financial services sector. However there can be no assurance that the investment objective of the scheme will be achieved.
The scheme benchmark is the Nifty Financial Services - TRI.
It is classified as Very High Risk.
1-year: -7.17% | 3-year: 4.82% | 5-year: 6.63%
Top holdings include: Treps, 360 One Wam Ltd., Aadhar Housing Finance Ltd., Aavas Financiers Ltd., Net Receivables / (Payables)
The NAV is around ₹20.12.
The fund's AUM is approximately ₹256 Cr.
The expense ratio for the Regular Plan is 2.86%.
Nil upto 12% of units and 1% on remaining units on or before 90D, Nil after 90D.
Minimum SIP starts at ₹500.
The minimum lump sum investment is ₹5000.
You can start a SIP through the Sharescart platform. Enter KYC details, choose the Regular Growth option, set SIP amount and frequency, and submit.
The fund manager: Sudhanshu Asthana
This fund is suitable for investors with a Very High risk tolerance.
📈

Looking to Grow Your Wealth with Mutual Funds?

Get personalized portfolio management services designed to grow and protect your wealth.

Search for mutual funds here

×
Loading scheme details...

Place Order

LIC MF Banking & Financial Services Fund - Regular Plan - Growth
Very High Risk | Sector Funds | Equity
UCC
FIRST HOLDER
₹
Minimum SIP Amount: ₹500
SIP Duration
End date will follow selected start date day.
Maximum installment option selected.
By clicking on Place Order, I confirm that I have read all the Scheme Information Document.
whatsapp

Error!

View quotes