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: 2.33% As on (29-02-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 500.0
Total Assets: 295.28 Cr As on (29-02-2024)
Turn over: 56
NAV as on 28-03-2024

17.9853

0.07 (0.402%)

CAGR Since Inception

6.72%

Nifty Financial Services TRI 17.48%

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

Scheme Performance (%) Data as on - 28-03-2024

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 23.56 13.43 10.24 - 6.72
NiftyFinancialServices TRI 20.04 11.0 11.68 15.74 17.48
Equity: Sectoral-Banking and Financial Services 31.77 15.16 11.96 14.98 14.59

Yearly Performance (%)

Nav Movement

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.

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.

Riskometer

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 15.31 0.4 0.03 0.9 - -
Equity: Sectoral-Banking and Financial Services - - - - - -

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

Period
Data as on - 28-03-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 23.56 17.77 13.43 10.24 0.0
Sundaram Financial Services Opportunities Fund Regular Plan - Growth 10-06-2008 41.53 24.75 18.46 16.47 15.86
Invesco India Financial Services Fund - Retail Growth 14-07-2008 41.2 21.49 17.39 13.7 16.46
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 37.66 21.41 20.99 12.44 15.89
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 36.88 19.06 13.75 12.95 0.0
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth 01-12-2013 34.1 17.93 15.14 11.26 16.16
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 32.0 18.11 12.03 10.6 13.13
Mirae Asset Banking and Financial Services Fund Regular Growth 11-12-2020 30.35 17.81 14.3 0.0 0.0
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 29.95 18.12 14.14 8.44 12.52
Taurus Banking & Financial Services Fund - Regular Plan - Growth 22-05-2012 29.92 18.79 14.38 12.4 13.62

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

Asset Allocation (%)