Sharpe ratio
0.18Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
-0.23%1Y Absolute Return
-0.68%1D
Loading NAV history…
Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| LIC MF Banking and Financial Services Fund-Direct Plan-GrowthFund 5Y annualised return | ₹9,30,778 | ₹7,32,612 | ₹1,98,166 | +9.80% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.08
₹1 Lakh since launch₹1.08 Lakh
Fund age11.6 yrs
Fund information
Scheme code134017
ISININF767K01NK6
BenchmarkNIFTY Financial Services TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio1.65%
Exit loadExit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days.
Minimum SIP₹200 SIP
Return comparison
593rd / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +159.13% | — | — |
| 3M | +2.73% | — | — |
| 6M | +13.22% | — | — |
| 1Y | -0.23% | — | +4.16% |
| 3Y | +8.79% | — | +12.54% |
| 5Y | +9.80% | — | +10.04% |
| 10Y | +9.09% | — | — |
| Since Launch | +8.18% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.25Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
18.59%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.18How well the fund rewarded investors relative to its biggest decline.
Low
Returns have been modest compared to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Allocation data has not been disclosed.
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 27 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 14.0448% |
| Axis Bank Ltd | Financial | Equity | 8.897% |
| HDFC Bank Ltd | Financial | Equity | 8.2185% |
| AU Small Finance Bank Ltd | Financial | Equity | 5.7606% |
| Bajaj Finance Ltd | Financial | Equity | 5.4886% |
| Indusind Bank Ltd | Financial | Equity | 4.9345% |
| PB Fintech Ltd | Financial | Equity | 3.6843% |
| BSE Ltd | Financial | Equity | 3.6826% |
| Karur Vysya Bank Ltd | Financial | Equity | 3.4102% |
| Nippon Life India Asset Management Ltd | Financial | Equity | 3.3852% |
Fund management
SU
Sudhanshu Asthana
Since 2026 · Prior to joining LIC MF, he has worked with UTI Mutual Fund, Tamohara Investment Managers, Axis Mutual Fund, Barclays Wealth Management, SBI Mutaul Fund, Quantum Mutual Fund and BRICS Securities Ltd.
Mr. Asthana is a M.A (Economics) from Mumbai University and PGDM (Investment Management) from NMIMS.
Compare similar funds
No comparable category funds are available yet.
Summary
A high riskometer-risk equity scheme - sectoral/ thematic fund. Trailing its category average over 3Y by 3.7 points.
Strengths
- None
Weaknesses
- Trailing its category average over 3Y by 3.7 points.
- Top 10 holdings make up 62% — a handful of stocks can swing returns sharply.
- Has fallen sharply before — down -44.8% at its worst.
- Ranks 593 of 932 in its category over 1 year.
Ideal investor
- Needs a 5–7+ years horizon to ride out its high riskometer risk level.
- Good fit for SIPs — spreading purchases smooths out 18.6% volatility.
Risk drivers
- Top 10 holdings = 62% of the portfolio.
- Financial makes up 95% — trouble in that sector hits the whole fund.
- Corrections have been sharp — worst fall -44.8% with 18.6% volatility. Took 10 months to recover last time.