LIC MF Banking & Financial Services Fund Regular Growth
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- Rating 3
- Plan
- 5D
- 1M
- 6M
- 1Y
- 5Y
- MAX
Key Metrics
- AUM (in Cr)285.19
- CAGR 17.87%
- Exit Load1.00%
- Expense ratio2.42%
- CategoryEquity
- Min Investment5000
- Min SIP1000
- Launch Date2015-03-27
Asset Allocation
Holdings As On - 10 July 2024
- Name
- Value (Cr)
- Holding %
- HDFC Bank
- 61.10
- 21.42%
- ICICI Bank
- 34.53
- 12.11%
- Creditaccess Grameen
- 9.87
- 3.46%
- Treps
- 5.00
- 1.75%
- Bajaj Holdings & Investment
- 3.25
- 1.14%
- Cholamandalam Financial Holdings
- 3.05
- 1.07%
- Shriram Finance
- 2.94
- 1.03%
- ICICI Securities
- 2.92
- 1.02%
- Utkarsh Small Finance Bank
- 2.52
- 0.88%
- Net Receivables / (Payables)
- 0.14
- 0.05%
Peer Comparison
Risk & Volitility
- Alpha -8.15%
- Beta 0.96
- Sharpe Ratio0.47
- Std Deviation 15.41%
- Tracking Error 5.97%
About Fund
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 achieved.
The LIC MF Banking & Financial Services Fund Regular Growth has an AUM of 285.19 crores & has delivered CAGR of 12.14% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.42%. The minimum investment in LIC MF Banking & Financial Services Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 1000.
As per morningstar the risk & return rating of the fund are Medium & High respectively.
The top holdings of the fund include HDFC Bank, ICICI Bank, Creditaccess Grameen & Treps.
The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Misc. Financial Services & Investment Services.
Some of the similar funds are LIC MF Banking & Financial Services Fund Regular Growth, DSP Banking & Financial Services Fund Regular Growth, Quant BFSI Regular Growth, ITI Banking and Financial Services Fund Regular Growth, WhiteOak Capital Banking & Financial Services Fund Regular Growth. LIC MF Banking & Financial Services Fund Regular Growth has a sharpe ratio of 0.47 & a standard deviation of 15.41%.
