Loading mutual fund details…
LIC MF Banking and Financial Services Fund-Direct Plan-Growth is an equity scheme managed by LIC Mutual Fund. Over rolling three-year windows since inception, investors earned a median compounded return of 15.08%, with the bottom and top quartiles at 13.30% and 18.14% respectively. It has ranked in the top half of its category for 0 of the last 2 reported years. The total expense ratio is 1.16% on assets of ₹262Cr. The fund is currently managed by Sudhanshu Asthana, appointed within the last year.
Lower is better.
This scheme classifies as Large-Value on the 3x3 equity style box, with 95% of its portfolio classified as of 2026-05-29.
| Holding | Sector |
|---|
| Window | Min | P25 | Median |
|---|
Point-in-time CAGRs cherry-pick a single start date. The chart below shows the distribution of every possible rolling start over the fund's history, so you see the range of investor outcomes — not just one date's number.
Backtested SIP outcomes across both rolling-window scenarios and named historical stress events (COVID, Election uncertainty, Russia/Ukraine, etc.), plus per-manager alpha during their tenure on this scheme.
Same fund, monthly SIPs over rolling 1/3/5-year windows.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not indicative of future results. MintByte is an AMFI-registered Mutual Fund Distributor (ARN-314872) and APMI member (APRN-01658). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Star ratings on this page reflect a 3-year category-quartile position computed in-house and are educational only.
Mutual fund schemes are subject to market risk. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.
In-house derivations using 3-year daily NAV vs benchmark. See methodology.
| Weight |
|---|
| HDFC BANK LIMITED | Financial Services | 15.24% |
| ICICI BANK LIMITED | Financial Services | 12.25% |
| AXIS BANK LIMITED | Financial Services | 8.19% |
| STATE BANK OF INDIA | Financial Services | 5.69% |
| MAS FINANCIAL SERVICES LIMITED | Financial Services | 5.09% |
| SBI CARDS AND PAYMENT SERVICES LIMITED | Financial Services | 2.83% |
| CREDITACCESS GRAMEEN LIMITED | Financial Services | 2.70% |
| SUNDARAM CLAYTON LIMITED | Industrials | 2.19% |
| IIFL FINANCE LIMITED | Financial Services | 2.18% |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED | Financial Services | 2.11% |
| UJJIVAN SMALL FINANCE BANK LIMITED | Financial Services | 1.95% |
| DCB BANK LIMITED | Financial Services | 1.89% |
| POWER FINANCE CORPORATION LTD. | Financial Services | 1.79% |
| Shriram Finance Limited | Financial Services | 1.71% |
| AADHAR HOUSING FINANCE LIMITED | Financial Services | 1.70% |
| 360 ONE WAM LIMITED | Financial Services | 1.63% |
| CRISIL LIMITED | Financial Services | 1.51% |
| CSB BANK LIMITED | Financial Services | 1.12% |
| NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED | Financial Services | 1.10% |
| FIVE-STAR BUSINESS FINANCE LIMITED | Financial Services | 0.96% |
| ADITYA BIRLA CAPITAL LIMITED | Financial Services | 0.95% |
| BAJAJ HOUSING FINANCE LIMITED | Financial Services | 0.90% |
| HDB FINANCIAL SERVICES LIMITED | Financial Services | 0.83% |
| PB FINTECH LIMITED | Financial Services | 0.58% |
| MAX FINANCIAL SERVICES LIMITED | Financial Services | 0.49% |
| Sector | Holdings | Weight |
|---|---|---|
| Financial Services | 28 | 94.49% |
Active bets vs the average Equity fund. Biggest deviations shown first.
Accent bar = fund's actual sector weight. Vertical black tick = category average for the same sector. Green overlay = overweight, dashed red = underweight. The biggest active bets show first.
| P75 |
|---|
| Max |
|---|
| Positive % |
|---|
| 1Y | -7.98% | 7.44% | 14.64% | 22.01% | 67.61% | 93.1% |
| 3Y | 9.32% | 13.30% | 15.08% | 18.14% | 28.73% | 100.0% |
| 5Y | 10.21% | 12.72% | 15.76% | 19.94% | 22.10% | 100.0% |
Each cell is one year. Q1 = top quartile within the AMFI category for that period. Cell label is the last two digits of the year.
Top-10 weight 58.5% means concentration is in line with most actively-managed Indian equity funds. Effective-N is the inverse Herfindahl index — a measure of "how many positions effectively drive the fund" after weighting. Category: Equity.
Compounding maths on a notional ₹10 lakh lumpsum at 12% gross annual return. Green bar is what you'd have without the fee; red overlay is the fee drag. Fee is constant in this scenario — actual outcomes depend on real returns and any future TER changes.
What an investor SIPping into this fund actually got during named market shocks.
Each row is a back-tested SIP — monthly contribution over the regime's duration, no fees adjustment beyond NAV-baked TER. XIRR is the annualised IRR of those cashflows; Abs return is the absolute cash-on-cash; Max DD is the deepest drawdown experienced mid-investment. Past performance is not indicative of future results.
Alpha is the annualised excess return vs benchmark over the manager's tenure on this scheme. Beat-benchmark = total return beat the index over the same window.