Should I invest in LIC MF Banking and Financial Services Fund?

We don't give personal investment advice. LIC MF Banking and Financial Services Fund-Regular Plan-Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 21.8%. 5-year CAGR: 8.70%.

LIC

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

Latest NAV

₹20.0559

As of

3 Jun 2026

2,751 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.19%	+0.27%	-0.46	140 / 175	Q4
1W	-3.09%	-1.35%	-1.74	159 / 175	Q4
2W	-1.82%	-0.09%	-1.74	160 / 176	Q4
1M	-4.11%	-0.53%	-3.58	171 / 176	Q4
3M	-6.27%	+2.12%	-8.39	159 / 174	Q4
6M	-10.03%	-1.85%	-8.18	151 / 165	Q4
YTD	-10.19%	-1.98%	-8.22	157 / 165	Q4
1Y	-2.45%	+3.78%	-6.24	113 / 151	Q3
2Y	+1.72%	+3.55%	-1.83	62 / 106	Q3
3Y	+6.99%	+14.41%	-7.42	66 / 67	Q4
4Y	+11.80%	+13.82%	-2.02	39 / 54	Q3
5Y	+8.70%	+10.37%	-1.67	37 / 45	Q4
7Y	+7.72%	+14.79%	-7.07	32 / 32	Q4
10Y	+8.88%	+14.01%	-5.13	22 / 23	Q4
Inception	+6.41%	+7.02%	-0.61	98 / 176	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-10.19%	-1.38%	-8.81	157 / 164
2025	+16.23%	+1.66%	+14.57	12 / 133
2024	+0.21%	+21.92%	-21.71	82 / 82
2023	+20.36%	+31.01%	-10.65	51 / 59
2022	+19.55%	+2.36%	+17.19	5 / 52
2021	+10.02%	+31.79%	-21.77	41 / 42
2020	-2.09%	+20.01%	-22.09	31 / 34
2019	+19.29%	+8.53%	+10.76	6 / 28
2018	-17.99%	-6.81%	-11.18	18 / 23
2017	+33.32%	+37.67%	-4.36	14 / 23
2016	+9.68%	+8.37%	+1.31	9 / 23

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+9.97%

125 windows

min -35.4% · max 63.1%

70% positive

3-Year rolling

+8.56%

100 windows

min -13.8% · max 28.1%

89% positive

5-Year rolling

+8.48%

76 windows

min -6.5% · max 20.2%

92% positive

7-Year rolling

+8.40%

52 windows

min 3.0% · max 13.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.87%

3-year · annualised

Sharpe ratio

0.10

vs risk-free 6.5%

Sortino ratio

0.16

Downside-only deviation

Max drawdown

-16.55%

Jan 2026 → Mar 2026

% positive months

55.6%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC INNOVATION FUND - REGULAR PLAN - GROWTH OPTION	HDFC	₹10.4050	3 Jun 2026
Nippon India Active Momentum Fund - Regular Plan- Growth Option	Nippon India	₹12.0306	3 Jun 2026
SBI Automotive Opportunities Fund - Regular Plan - Growth	SBI	₹11.4966	3 Jun 2026
Invesco India Business Cycle Fund - Regular Plan - Growth	Invesco	₹13.0300	3 Jun 2026
Bandhan Business Cycle Fund - Regular Plan - Growth	Bandhan	₹9.3840	3 Jun 2026
quant BFSI Fund - Growth Option - Regular Plan	Quant	₹19.3101	3 Jun 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - REGULAR PLAN - GROWTH OPTION	Quantum	₹22.0100	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth	Aditya Birla Sun Life	₹59.0200	3 Jun 2026
Motilal Oswal Active Momentum Fund- Regular- Growth	Motilal Oswal	₹13.3121	3 Jun 2026
Mirae Asset Banking and Financial Services Fund Regular Growth	Mirae Asset	₹20.1120	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹20.0559
2 Jun 2026	₹20.0936
1 Jun 2026	₹20.1619
29 May 2026	₹20.4371
27 May 2026	₹20.6948
26 May 2026	₹20.7708
25 May 2026	₹20.8527
22 May 2026	₹20.5027
21 May 2026	₹20.3530
20 May 2026	₹20.4287

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of LIC MF Banking and Financial Services Fund-Regular Plan-Growth is ₹20.0559. It's a Sectoral/Thematic Fund from LIC, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

LIC MF Banking and Financial Services Fund-Regular Plan-Growth has NAV history starting from 30 Mar 2015, a track record of about 11 years 2 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

LIC MF Banking and Financial Services Fund-Regular Plan-Growth is managed by LIC. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LIC MF Banking and Financial Services Fund-Regular Plan-Growth has delivered a absolute return of -2.45% — -6.24 pp behind the Sectoral/Thematic Fund category average of 3.78%. The fund ranks #113 of 151 in its category — the third (Q3) quartile.

Over the trailing 3-year window, LIC MF Banking and Financial Services Fund-Regular Plan-Growth has delivered a CAGR of 6.99% — -7.42 pp behind the Sectoral/Thematic Fund category average of 14.41%. The fund ranks #66 of 67 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, LIC MF Banking and Financial Services Fund-Regular Plan-Growth has delivered a CAGR of 8.70% — -1.67 pp behind the Sectoral/Thematic Fund category average of 10.37%. The fund ranks #37 of 45 in its category — the bottom (Q4) quartile.

₹1 lakh invested in LIC MF Banking and Financial Services Fund-Regular Plan-Growth exactly 10 years ago would be worth approximately ₹234,113 today — a multiplier of 2.34×, based on the 10-year CAGR of 8.88%. The category average over the same window would have grown ₹1 lakh to ₹371,044.

A ₹10,000 monthly SIP in LIC MF Banking and Financial Services Fund-Regular Plan-Growth over the last 5 years — total invested ₹600,000 — would be worth ₹712,846 today. That's an XIRR (money-weighted annualised return) of 6.82%.

A ₹10,000 monthly SIP for 10 years in LIC MF Banking and Financial Services Fund-Regular Plan-Growth = ₹1,200,000 invested. It would currently be worth ₹1,847,342 (multiplier 1.54×). XIRR: 8.35%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, LIC MF Banking and Financial Services Fund-Regular Plan-Growth ranks #37 out of 45 funds in the Sectoral/Thematic Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.37%; this fund delivered 8.70%.

The worst peak-to-trough decline LIC MF Banking and Financial Services Fund-Regular Plan-Growth has experienced over the last 5-year window is 21.77% — its NAV fell from a high on 26 Oct 2021 to a low on 07 Mar 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, LIC MF Banking and Financial Services Fund-Regular Plan-Growth averaged 8.48% (best 20.23%, worst -6.48%). 92% of rolling windows ended positive. The 5-year Sharpe ratio is 0.19 — weak risk-adjusted performance.

In calendar year 2025, LIC MF Banking and Financial Services Fund-Regular Plan-Growth returned 16.23% — beating the Sectoral/Thematic Fund category average of 1.66% by 14.57 pp. It ranked #12 of 133 in its category that year.

LIC MF Banking and Financial Services Fund-Regular Plan-Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. LIC MF Banking and Financial Services Fund-Regular Plan-Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 21.8%. 5-year CAGR: 8.70%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.