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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 202621.6208
CategorySectoral / Thematic
PlanRegular · Idcw
Launched9 Mar 2015
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty Financial Services TRI
Expense ratiodirect plan, a year2.86%
AUM₹5.93 Cr
Growth of ₹10,000₹15,5622 Sep 2021 to 2 Sep 2026
₹16,335₹14,393₹12,451₹10,509₹8,568Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹15,562 (+9.2% a year) LIC MF Banking and Financial Services Fund

Performance (trailing, annualised)

1Y annualised6.81%
3Y annualised7.56%
5Y annualised9.25%
10Y annualised7.89%

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 ₹1,21,8562.87%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,93,9415.94%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,50,3428.88%

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

Calendar years

Calendar 20219.84%
Calendar 202219.55%
Calendar 202320.51%
Calendar 20240.46%
Calendar 202516.47%

Rolling returns

Rolling 1Y · average538 windows since 5 Apr 201610.37%
Rolling 1Y · median10.04%
Rolling 1Y · worst window-35.36%
Rolling 1Y · best window72.89%
Rolling 1Y · windows positive72%
Rolling 3Y · average435 windows since 4 Apr 20188.75%
Rolling 3Y · median9.58%
Rolling 3Y · worst window-14.67%
Rolling 3Y · best window29.22%
Rolling 3Y · windows positive89%
Rolling 5Y · average332 windows since 3 Apr 20208.74%
Rolling 5Y · median9.16%
Rolling 5Y · worst window-6.46%
Rolling 5Y · best window21.79%
Rolling 5Y · windows positive92%

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

Risk

Volatility (3Y)15.97%
Downside deviation (3Y)11.53%
Maximum drawdown-16.55%

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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