LIC MF Banking & Financial Services Fund Direct-IDCW Reinvestment
LIC MF Banking & Financial Services Fund Direct-IDCW Reinvestment: Mutual Fund Overview
LIC MF Banking & Financial Services Fund Direct-IDCW Reinvestment is an Sectoral-Banking mutual fund with over 10.96 years of performance history. The scheme manages an AUM of ₹277.42 Cr and has a NAV of ₹23.4574. It is rated '1' stars by analysts. Investors can begin a SIP with as little as ₹200.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 18.74%.
Equity, Sectoral-Banking, Principal at very high risk
1 Year Return 18.74% at 12 Mar 2026 07:34 PM
Fund Details
NAV 23.4574
Sub-Type Sectoral-Banking
Rating 1
Min. SIP Amount ₹200.0
Fund Age(Year) 10.96
Fund Size(in Crores) 277.42
Fund Performance
1 Month -7.96%
3 Month -5.9%
6 Month 1.25%
1 Year 18.74%
3 Year 12.72%
5 Year 9.92%
Know This Fund
As on 12 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (0%) Market Cap Top Sectors Top Holding
Debt & Others (100%) Sector Allocation Commercial Paper 4.33 Non Convertible Debenture 10.83 Certificate of Deposit 27.69 Debt Credit Ratings AAA 41.54 A1+ 32.02 SOV 10.83 AA 9.97 AA- 2.64 Debt Category Motilal Oswal Finevest 0.52 National Housing Bank 4.22 Power Fin. Corp. 2.54 Axis Bank 1.44
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth Ret 1M -7.9% Ret 1Y 15.41% Ret 3Y 15.64% Ret 5Y 11.23%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Ret 1M -7.9% Ret 1Y 15.41% Ret 3Y 15.64% Ret 5Y 11.23%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Reinvestment Ret 1M -7.9% Ret 1Y 15.41% Ret 3Y 15.64% Ret 5Y 11.23%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-Growth Ret 1M -8.33% Ret 1Y 16.13% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Payout Ret 1M -8.33% Ret 1Y 16.13% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Reinvestment Ret 1M -8.33% Ret 1Y 16.13% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-Growth Ret 1M -8.51% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Payout Ret 1M -8.51% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Reinvestment Ret 1M -8.51% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-Growth Ret 1M -8.44% Ret 1Y 11.25% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-IDCW Ret 1M -8.44% Ret 1Y 11.25% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 1.2%
Exit Load 1.0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Jaiprakash Toshniwal
Education Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.
Experience Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 30
Date of Incorporation 2015-03-27
Total AUM 47476.47
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
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