LIC MF Banking & Financial Services Fund Regular Growth

Very High Risk

Equity

Sector - Financial Services

NAV (15 Oct ’26)

₹20.41

Min SIP Amount

₹200.00

Fund Size (AUM)

₹256.37 Cr

▲ 4.68%3Y Annualized

-1.31%1D Returns

NAV (15 Oct ’26)

₹20.41

Min SIP Amount

₹200.00

Fund Size (AUM)

₹256.37 Cr

Mutual Fund SIP Calculator

Amount I want to invest

₹

/Month

₹100₹10L

Time I want to invest for

Years

1Y40Y

Your expected Annual returns %

1%30%

Step Up

% /Year

0%25%

Invested Amount₹68.73 Lakh

Approx Profit₹1.3 Cr

Estimated Returns₹1.99 Cr

Invested

Estimated Returns

About LIC MF Banking & Financial Services Fund Regular Growth

LIC MF Banking & Financial Services Fund Regular Growth is a Sector - Financial Services mutual fund scheme from LIC Mutual Fund Asset Management Limited. The fund was launched on 27 March 2015 and is managed by Sudhanshu Asthana. As of 15 October 2026, the fund has an AUM of ₹256.37 Cr and its latest NAV is ₹20.41. The fund has a Very High Risk risk rating.

The fund allows minimum SIP of ₹200 and lumpsum investment starting from ₹5,000.

The fund primarily invests in Financial Services and Technology and its top holdings include ICICI Bank Ltd, AU Small Finance Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, and One97 Communications Ltd. The fund has delivered -5.4% returns over the last 1 year, 4.7% annualised returns over 3 years, 6.7% annualised returns over 5 years, and 6.3% annualised returns since inception.

LIC MF Banking & Financial Services Fund Regular Growth may be suitable for investors looking for Sector - Financial Services and who are comfortable with Very High Risk risk.

Top 10 Holdings

Name	Sector	Value	Weighting
ICICI Bank Ltd	Financial Services	₹34.89 Cr	13.61%
AU Small Finance Bank Ltd	Financial Services	₹18.78 Cr	7.33%
Kotak Mahindra Bank Ltd	Financial Services	₹14.81 Cr	5.78%
Axis Bank Ltd	Financial Services	₹13.64 Cr	5.32%
One97 Communications Ltd	Technology	₹13.43 Cr	5.24%
HDFC Bank Ltd	Financial Services	₹13.03 Cr	5.08%
PB Fintech Ltd	Financial Services	₹13.51 Cr	4.92%
Bajaj Finance Ltd	Financial Services	₹12.45 Cr	4.86%
IndusInd Bank Ltd	Financial Services	₹11.85 Cr	4.62%
City Union Bank Ltd	Financial Services	₹11.79 Cr	4.60%

Returns & Rankings

Name	2 Year	3 Year	4 Year	5 Year
Fund returns	+0.92%	+4.68%	+8.03%	+6.72%
Category average (Sector - Financial Services)	+2.90%	+10.24%	+12.33%	+9.56%
Rank (Sector - Financial Services)	149	129	95	85

Fund Management

Sudhanshu Asthana

Experience: 0.48 Years

Minimum SIP Amount, Expense Ratio & Exit Load

LIC MF Banking & Financial Services Fund Regular Growth Overview
Minimum SIP Amount	₹200.00
Expense Ratio	2.86% Inclusive of GST
Exit Load	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.

LIC MF Banking & Financial Services Fund Regular Growth Overview

Minimum SIP Amount

₹200.00

Expense Ratio

2.86%

Inclusive of GST

Exit Load

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.

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LIC MF Banking & Financial Services Fund Regular Growth FAQ's

What are the returns of LIC MF Banking & Financial Services Fund Regular Growth?

LIC MF Banking & Financial Services Fund Regular Growth has generated -5.4% returns over 1 year, 4.7% over 3 years and 6.7% over 5 years as of 15 October 2026.

What is today's NAV of LIC MF Banking & Financial Services Fund Regular Growth?

Currently, the Net Asset Value (NAV) of LIC MF Banking & Financial Services Fund Regular Growth is ₹20.41, as of 15 October 2026.

What are the ways to invest in LIC MF Banking & Financial Services Fund Regular Growth?

You can invest in LIC MF Banking & Financial Services Fund Regular Growth through a lumpsum, a monthly SIP and a daily SIP.

What is the minimum SIP investment in LIC MF Banking & Financial Services Fund Regular Growth?

The minimum SIP amount for LIC MF Banking & Financial Services Fund Regular Growth is ₹500 per instalment.

What is the expense ratio of LIC MF Banking & Financial Services Fund Regular Growth?

The expense ratio of LIC MF Banking & Financial Services Fund Regular Growth is 2.86%. It represents the annual expenses levied for managing and operating the fund scheme and is deducted from the fund's NAV rather than being charged separately. For example, if you invest ₹5,000, the annual expense is about ₹143.

What is the risk level of LIC MF Banking & Financial Services Fund Regular Growth?

As per the fund factsheet published by the fund house, LIC MF Banking & Financial Services Fund Regular Growth is considered to carry Very High Risk for its investors.

What are the top holdings of LIC MF Banking & Financial Services Fund Regular Growth?

As an equity fund, the portfolio is mainly stock exposure. The top holdings of LIC MF Banking & Financial Services Fund Regular Growth include ICICI Bank Ltd, AU Small Finance Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd and One97 Communications Ltd, based on the latest portfolio disclosure. The fund's holdings may change over time depending on the fund manager's investment strategy.

Is there any lock-in period for LIC MF Banking & Financial Services Fund Regular Growth?

LIC MF Banking & Financial Services Fund Regular Growth has no lock-in period for its investors. Thus, the investors of this fund are free to redeem their investments on any date as per their requirements.

How can I redeem my investments in LIC MF Banking & Financial Services Fund Regular Growth?

You can redeem your investment in LIC MF Banking & Financial Services Fund Regular Growth on any business day. The exit load is 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..

Who is the fund manager of LIC MF Banking & Financial Services Fund Regular Growth?

LIC MF Banking & Financial Services Fund Regular Growth is managed by Sudhanshu Asthana. A fund manager is an experienced finance professional responsible for making investment decisions and managing the fund's portfolio in line with its investment objective.

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Written By

Vandana Punj

Reviewed By

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Disclaimer

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.
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LIC MF Banking & Financial Services Fund Regular Growth

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About LIC MF Banking & Financial Services Fund Regular Growth

Top 10 Holdings

Returns & Rankings

Fund Management

Minimum SIP Amount, Expense Ratio & Exit Load

Types of Mutual Funds to Invest in India

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Investment Calculators

LIC MF Banking & Financial Services Fund Regular Growth FAQ's

What are the returns of LIC MF Banking & Financial Services Fund Regular Growth?

What is today's NAV of LIC MF Banking & Financial Services Fund Regular Growth?

What are the ways to invest in LIC MF Banking & Financial Services Fund Regular Growth?

What is the minimum SIP investment in LIC MF Banking & Financial Services Fund Regular Growth?

What is the expense ratio of LIC MF Banking & Financial Services Fund Regular Growth?

What is the risk level of LIC MF Banking & Financial Services Fund Regular Growth?

What are the top holdings of LIC MF Banking & Financial Services Fund Regular Growth?

Is there any lock-in period for LIC MF Banking & Financial Services Fund Regular Growth?

How can I redeem my investments in LIC MF Banking & Financial Services Fund Regular Growth?

Who is the fund manager of LIC MF Banking & Financial Services Fund Regular Growth?

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