- AMC
- LIC Mutual Fund
- Category
- Sectoral/ Thematic
- ISIN
- INF767K01NK6
LIC MF Banking and Financial Services Fund
₹23.0743
−₹0.2812 (−1.20%)
NAV · Direct · Growth ·
LIC MF Banking and Financial Services Fund's Direct Growth NAV was ₹23.0743 on 19 Oct 2026, down 1.20% on the day. Its 3-year return is 6.33% a year.
- Expense ratio
- 1.64%
- Fund size
- ₹261.03 Cr
- Min. investment
- ₹5,000
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹21.6841 to ₹25.9094.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old.
Fund details
- Expense ratio
- 1.64% (Direct)
- Exit load
- 12% of units if redeemed within 90 days for initial 12% of units; 1% on remaining units if redeemed within 90 days; nil after 90 days
- Riskometer
- Very high
- Benchmark
- Nifty Financial Services TRI
- Launched
- 9 Mar 2015
- Fund managers
- Sudhanshu Asthana
Fund size, expense ratio and minimums as of 1 Sep 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF767K01NK6 | ₹23.0743 | −1.20% | 1.64% | −5.99% |
| Regular · Growth | INF767K01NH2 | ₹20.1239 | −1.21% | 2.85% | −7.17% |
| Direct · IDCW | INF767K01NJ8 | ₹22.9128 | −1.20% | 1.64% | −6.02% |
| Regular · IDCW | INF767K01NG4 | ₹20.1204 | −1.21% | 2.85% | −7.17% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
LIC MF Banking and Financial Services Fund moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
LIC MF Banking and Financial Services Fund is an open-ended mutual fund from LIC Mutual Fund, in the Sectoral/ Thematic category. It began on 9 Mar 2015. It is benchmarked to the Nifty Financial Services TRI. The fund manages ₹261.03 Cr across its plans as of 1 Sep 2026. The Direct · Growth plan has an expense ratio of 1.64%. The minimum first investment is ₹5,000, and SIPs are available.
FAQs
What is the NAV of LIC MF Banking and Financial Services Fund?
The NAV of LIC MF Banking and Financial Services Fund (Direct · Growth) was ₹23.0743 on 19 Oct 2026, down 1.20% from the previous NAV.
What plans does LIC MF Banking and Financial Services Fund have?
LIC MF Banking and Financial Services Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of LIC MF Banking and Financial Services Fund?
The Direct · Growth plan of LIC MF Banking and Financial Services Fund has an expense ratio of 1.64%.
What is the fund size (AUM) of LIC MF Banking and Financial Services Fund?
LIC MF Banking and Financial Services Fund manages ₹261.03 Cr across all plans as of 1 Sep 2026.
What returns has LIC MF Banking and Financial Services Fund delivered?
LIC MF Banking and Financial Services Fund returned −5.99% over 1Y, +6.33% a year over 3Y, +8.07% a year over 5Y. Past performance does not guarantee future returns.
What is the exit load of LIC MF Banking and Financial Services Fund?
LIC MF Banking and Financial Services Fund: 12% of units if redeemed within 90 days for initial 12% of units; 1% on remaining units if redeemed within 90 days; nil after 90 days.
What is the minimum investment and SIP amount for LIC MF Banking and Financial Services Fund?
The minimum first investment in LIC MF Banking and Financial Services Fund is ₹5,000, and ₹500 after that. SIPs are available (Daily (Rs.100, 60 instalments), Weekly (Rs.150, 40 instalments), Monthly (Rs.200, 30 instalments), Quarterly (Rs.1000, 6 instalments). Dates: Daily-all business days, Weekly-Mon-Fri, Monthly/Quarterly-1st to 28th).
How risky is LIC MF Banking and Financial Services Fund?
LIC MF Banking and Financial Services Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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