LIC MF Banking & Financial Services Fund Growth Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
Sensex:
BankFD:
Showing Funds Performance since Sep 07, 2020
LIC MF Banking & Financial Services Fund Growth Fund Overview
SIP ₹200 & Lump. ₹5000
₹270 Cr
N/A
2.93
12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 90 days from the date of allotment of units.1% on remaining units if redeemed or switched out on or before completion of 90 days from the date of allotment of units.Nil, if redeemed or switched out after completion of 90 days from the date of allotment of units.
Nifty Financial Services Total Return
LIC MF Banking & Financial Services Fund Growth Calculate Returns
You would have got
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 2.31 | 0.74 | 3.27 |
| 6M | -0.23 | 2.98 | 14.40 |
| 1Y | 7.29 | 5.70 | 18.73 |
| 3Y | 8.42 | 15.78 | 81.20 |
Portfolio Analysis
- Equity: 97.97%
- Debt: 2.03%
- Others
About Fund LIC MF Banking & Financial Services Fund Growth
LIC MF Banking & Financial Services Fund Growth managed by LIC Mutual Fund,is a Bankingscheme with Assets Under Management of ₹270 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.93. Under the expert guidance of Sudhanshu Asthana ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.
Fund Managers
Sudhanshu Asthana
Mr. Sudhanshu holds M.A in Economics from Mumbai University and Diploma in Investment Management from NMIMS. He has over Over 13 years experience as an equity fund manager. His prior assignments includes Barclays Wealth India and SBI Fund Management.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| Sahara Banking and Financial Services Fund Growth | 0 | 4 CR | 2.7 |
| LIC MF Banking & Financial Services Fund Growth | 1 | 269 CR | 2.93 |
| IDBI Banking & Financial Services Fund Growth | 0 | 86 CR | 2.5 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundSahara Banking and Financial Services Fund Growth | -39.1523 | -16.9794 |
| This FundLIC MF Banking & Financial Services Fund Growth | 7.2856 | 27.4481 |
| This FundIDBI Banking & Financial Services Fund Growth | 17.579 | 75.8939 |
LIC MF Banking & Financial Services Fund Growth FAQs
- 1 Month : 2.31%
- 6 Months : -0.23%
- 1 Year : 7.29%
- 3 Years : 8.42%
