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OmniAsset › Mutual funds › LIC MF Banking and Financial Services Fund

LIC MF Banking and Financial Services Fund

Sectoral / Thematic fund benchmarked to Nifty Financial Services TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202624.5832
CategorySectoral / Thematic
PlanDirect · Idcw
Launched9 Mar 2015
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty Financial Services TRI
Expense ratiodirect plan, a year1.65%
AUM₹0.82 Cr
Growth of ₹10,000₹16,5962 Sep 2021 to 2 Sep 2026
₹17,282₹15,116₹12,951₹10,785₹8,620Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹16,596 (+10.7% a year) LIC MF Banking and Financial Services Fund

Performance (trailing, annualised)

1Y annualised8.13%
3Y annualised9.07%
5Y annualised10.66%
10Y annualised9.21%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,22,6644.13%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,02,4557.37%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,78,60810.36%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202111.15%
Calendar 202220.84%
Calendar 202321.94%
Calendar 20242.15%
Calendar 202518.00%

Rolling returns

Rolling 1Y · average538 windows since 5 Apr 201611.65%
Rolling 1Y · median11.36%
Rolling 1Y · worst window-34.75%
Rolling 1Y · best window74.68%
Rolling 1Y · windows positive75%
Rolling 3Y · average435 windows since 4 Apr 201810.04%
Rolling 3Y · median10.97%
Rolling 3Y · worst window-13.64%
Rolling 3Y · best window30.69%
Rolling 3Y · windows positive90%
Rolling 5Y · average332 windows since 3 Apr 202010.00%
Rolling 5Y · median10.44%
Rolling 5Y · worst window-5.54%
Rolling 5Y · best window23.31%
Rolling 5Y · windows positive93%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)15.95%
Downside deviation (3Y)11.46%
Maximum drawdown-16.32%

Management

Fund managerMr. Sudhanshu Asthana
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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