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LIC MF Banking and Financial Services Fund-Direct Plan-Growth

LIC Mutual Fund · Equity · mandate: ≥80% in the named sector/theme · benchmark: —
AUM (all plans)
261 cr
TER direct / regular
1.72% / 2.93%
CAGR (full)
12.6%
Sharpe (full)
0.45
Sharpe (bull ≤Sep-24)
1.35
Sharpe (sideways Oct-24→)
0.01
Max drawdown
-36.9%
Months of data
137
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Equity curve

20152016201720182019202020212022202320242025202670251433Fund (NAV=100)Risk-free 6%/yrCategory median (Thematic)

Drawdown

201520162017201820192020202120222023202420252026-37-180Drawdown %

Fiscal-year record

FYReturnvs categorySharpemonths
FY229.0%-12.1%0.2412
FY2313.9%10.7%0.4712
FY2422.1%-24.2%1.2012
FY256.5%-0.6%0.0912
FY262.4%3.6%-0.1112
FY27*15.1%-3.2%1.935
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2015-1.0+1.5-3.7+3.4-6.3-0.3-4.3+1.1-5.5-14.6
2016-10.7-8.0+14.1+3.7+3.6+5.5+7.1+4.8+0.9+1.8-3.6-5.8+11.1
2017+7.2+4.7+4.8+9.3-3.0-2.2+7.8-6.9-3.5+15.4+0.0-1.1+35.1
2018-1.2-10.1-5.5+6.0-1.5-3.1+3.5+4.3-16.3-0.6+6.7+2.1-16.8
2019-0.7-2.2+11.5-0.0+6.4-0.7-6.5-1.2+5.9+0.8+5.3+1.8+21.0
2020-1.9-5.5-31.6+12.9-7.3+7.1+1.1+6.6-5.6+8.0+21.0+4.8-1.0
2021-3.8+10.4-3.3-0.1+8.1-1.6+0.4+5.3+1.6+4.2-7.8-1.0+11.3
2022+6.2-6.6+1.4-0.9-2.2-4.0+13.9+6.3-1.8+6.3+2.6-0.3+21.0
2023-4.2-1.0-0.1+4.3+4.5+5.3+3.7-2.1+1.3-2.5+4.3+7.3+22.0
2024-3.2-0.7-1.4+6.6-2.0+8.3-1.7+0.1+3.0-4.3+0.7-2.4+2.2
2025-3.6-4.3+7.0+5.5+4.2+3.5-1.9-3.4+2.0+6.1+3.2-0.6+18.0
2026-0.5-0.3-13.6+9.3-1.6+5.2+0.9+0.8-1.4

Quarterly average AUM & estimated net flows

20152016201720182019202020212022202320242025202635166297AUM (quarter avg), ₹cr
-47123
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.