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LIC MF Banking And Financial Services Fund-Regular Plan-Growth

Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 23-03-2015
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
Expense Ratio: 2.42% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 500.0
Total Assets: 305.1 Cr As on (30-04-2024)
Turn over: 60
NAV (₹): 18.4047
₹ 0.13 ( 0.6906%)
as on 10-05-2024
CAGR Since Inception - 6.9%
Nifty Financial Services TRI - 17.42%

Fund Managers

Jaiprakash Toshniwal


Investment Objective

The scheme seeks to generate long-term capital appreciation from a portfolio that invested substantially in equity and equity related securities of companies engaged in banking and financial services sector.

PERFORMANCE of LIC MF Banking And Financial Services Fund-Regular Plan-Growth

Scheme Performance (%) Data as on - 10-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 16.57 13.76 11.15 - 6.9
NiftyFinancialServices TRI 10.65 10.9 12.29 15.18 17.42
Equity: Sectoral-Banking and Financial Services 22.51 15.28 13.05 14.36 15.1

RETURNS CALCULATOR for LIC MF Banking And Financial Services Fund-Regular Plan-Growth

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of LIC MF Banking And Financial Services Fund-Regular Plan-Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 15.27 0.41 -1.49 0.9 - -
Equity: Sectoral-Banking and Financial Services - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
LIC MF Banking And Fin Services Reg Gr 23-03-2015 16.57 21.65 13.76 11.15 0.0
Invesco India Fin Services Retail Gr 14-07-2008 32.68 26.74 17.57 15.25 15.99
Sundaram Fin Services Opp Reg Gr 10-06-2008 32.33 29.0 19.17 17.3 15.42
SBI Banking and Fin Services Reg Gr 01-02-2015 28.02 22.63 14.45 13.64 0.0
Nippon India Banking and Financial Services Fund Gr Gr 01-05-2003 25.2 24.6 19.52 13.43 14.98
ABSL Banking and Fin Services Reg Gr 01-12-2013 23.22 22.1 14.58 12.72 15.55
Baroda BNP Paribas Banking and Fin Services Plan A Gr 22-06-2012 23.1 21.47 13.39 11.65 12.66
Mirae Asset Banking and Fin Services Reg Gr 11-12-2020 22.35 22.39 14.84 0.0 0.0
HDFC Banking and Financial Services Fund Gr 05-06-2021 21.56 23.0 0.0 0.0 0.0
Tata Banking And Fin Services Reg Gr 18-12-2015 21.22 23.11 13.86 13.69 0.0

Asset Allocation (%)

PORTFOLIO ANALYSIS of LIC MF Banking And Financial Services Fund-Regular Plan-Growth

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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