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LIC MF Banking and Financial Services Fund - Regular Plan - Growth

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Fund info
NAV (as on 2023-07-28)
15.25 -0.33%
AUM (Fund Size)
34
Expense Ratio
2.42%
Exit load
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.
Risk
Very High
AMC
LIC MUTUAL FUND
View AMC Details

SIP Returns

Period Invested for ₹1000 SIP Started on Investments Latest Value Abs. Returns
One Week 2023-07-21 ₹1,000.00 ₹983.24
-1.68 %
Two Week 2023-07-13 ₹1,000.00 ₹1,006.60
0.66 %
One Month 2023-06-28 ₹1,000.00 ₹1,018.70
1.87 %
Three Months 2023-05-02 ₹3,000.00 ₹3,113.36
3.78 %
Six Months 2023-01-30 ₹6,000.00 ₹6,520.54
8.68 %
One Year 2022-07-28 ₹12,000.00 ₹13,319.28
10.99 %
Three Year 2020-07-28 ₹36,000.00 ₹44,815.27
24.49 %
Five Year 2018-07-30 ₹60,000.00 ₹82,291.74
37.15 %
Since Inception 2018-06-04 ₹63,000.00 ₹86,430.88
37.19 %

Return Calculator

SIP Amount
1M
6M
1Y
3Y
5Y
Investment
₹0
Maturity Value
₹0
Abs. Returns
0
Current CAGR
0

Portfolio

Allocation of Equity and Debt Asset Classes.

Equity 80%
Debt 2%
Others 0%

Sectors Holding in LIC MF Banking and Financial Services Fund - Regular Plan - Growth

Banks
54%
Finance
23%
Capital Markets
3%
Insurance
0%
Other
2%

Companies Holding in LIC MF Banking and Financial Services Fund - Regular Plan - Growth

HDFC Bank Ltd.
19.95%
ICICI Bank Ltd.
12.80%
Axis Bank Ltd.
6.71%
Kotak Mahindra Bank Ltd.
6.39%
State Bank Of India
5.78%
MAS Financial Services Ltd.
4.81%
Power Finance Corporation Ltd.
3.71%
Creditaccess Grameen Ltd.
2.83%
DCB Bank Ltd.
2.65%
The South Indian Bank Ltd.
2.57%
CSB Bank Ltd.
2.55%
IIFL Finance Ltd.
2.52%
Mahindra & Mahindra Financial Serv Ltd.
2.47%
Muthoot Finance Ltd.
2.47%
Piramal Enterprises Ltd.
2.16%
SBI Cards & Payment Services Ltd.
2.04%
TVS Holdings Ltd.
1.94%
Shriram Finance Ltd.
1.90%
Cholamandalam Investment & Fin Co Ltd.
1.76%
Computer Age Management Services Ltd.
1.63%
Aadhar Housing Finance Ltd.
1.56%
Nippon Life India Asset Management Ltd.
1.53%
Aditya Birla Sun Life AMC Ltd.
1.12%
HDFC Life Insurance Company Ltd.
0.95%
CRISIL Ltd.
0.87%
Aditya Birla Capital Ltd.
0.62%
Spandana Sphoorty Financial Ltd.
0.54%
Multi Commodity Exchange Of India Ltd.
0.50%
Prudent Corporate Advisory Services Ltd.
0.31%
Equitas Small Finance Bank Ltd.
0.30%
ICICI Lombard General Insurance Co. Ltd.
0.27%
MAHINDRA & MAH FIN SER RTS OFF 194 INR
0.08%
Treps
2.00%
Net Receivables / (Payables)
-0.29%

Risk Ratios

Std. Deviation N/A
Beta N/A
Sharpe Ratio N/A
Lock In Period N/A
Residual Maturity N/A

Standard Deviation:

Standard deviation numbers measure the variability or volatility of a fund's returns over a specific time period (often 3 years).
  • Low standard deviation = Stable, predictable returns → Suitable for conservative investors seeking stability.
  • High standard deviation = High volatility, more risk → Be cautious, suitable for risk-tolerant investors who can handle fluctuations.

Beta:

Beta measures a fund's volatility about the market or a benchmark. A lower beta means the fund's performance is less sensitive to market movements, making it more predictable compared to the market.
  • Low beta = Less sensitive to market changes → Great for investors with less market exposure.
  • High beta = More sensitive to market changes → Better for aggressive investors who seek higher returns but can handle market risks.

Sharpe Ratio:

The Sharpe Ratio measures how much return a fund has made compared to the risk it carries. A higher Sharpe ratio indicates better returns relative to the risk taken, meaning the fund delivers more efficiently.
  • A higher Sharpe ratio indicates better risk-adjusted returns → Look for funds with higher ratios for better return efficiency.
  • Use it to compare different funds' efficiency in generating returns relative to the risk taken.

Lock-In Period:

India's "lock-in period" in mutual funds encourages long-term investment, particularly in tax-saving schemes preventing redemption or selling of units.

Lock-in times for various investment types

  • Most ELSS mutual fund holders hold for 3 years.
  • Tax savings FDs lock in for 5 years.
  • The lock-in period for 8% Government of India bond investment is 6 years.
  • ULIPs must be locked in for 5 years.
  • The average hedge fund holding period is 30-90 days.
  • The average PPF investor holds onto their money for 15 years.

Residual Maturity:

Residual maturity is the remaining time until a security reaches its maturity date. It is an important factor for investors to consider when evaluating the risk associated with an investment.

There are two different types of residual maturity.

  • Short-term residual maturity: This occurs when a security has less than a year left on its maturity.
  • Long-term residual maturity: This occurs when a security has more than a year left on its remaining maturity.

Risk-O-Meter

Investors understand that their principal will be at
Very High

Scheme Details

Min. SIP Amount
N/A
Min. Lumpsum Amount
N/A
AUM (in Cr.)
N/A
Expense Ratio Regular
2.42
Expense Ratio Direct
1.05
Lock-in Period
N/A
Fund Age
N/A
Benchmark
N/A
Fund managers
Mr. Jaiprakash Toshniwal
16+ years Experience

Exit load

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.

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