← Lic Mutual Fund

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

Equity Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
25
Jul 2026
Equity Holdings
₹264.34 Cr
Equity only, excl. debt & cash
AAUM
₹254.28 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
42.4%
High concentration
Top 10 Weight
61.5%
High concentration
Changes
24
0 new · 2 exits
Top Sector
Banks
52.5% of portfolio
Launch Date
09 Mar 2015
10+ year track record

AAUM (Average Assets Under Management) of ₹254.28 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month LIC MF Banking and Financial Services Fund exited 2 stocks from its portfolio this month. Mas Financial Services Limited was the biggest exit (Finance), which was held at 2.29%. Among existing holdings, IndusInd Bank Limited saw the biggest increase — now at 4.93% of the portfolio. Axis Bank Limited was trimmed the most, now at 8.90%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 52.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 55.1% 49.8% -5.3%
Finance 18.3% 21.0% +2.7%
Capital Markets 11.5% 14.3% +2.8%
Financial Technology (Fintech) 5.0% 5.7% +0.7%
Insurance 4.1% 3.8% -0.4%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 49.8% 52.5% +2.7%
Finance 21.0% 21.6% +0.6%
Capital Markets 14.3% 13.3% -1.0%
Financial Technology (Fintech) 5.7% 6.8% +1.1%
Insurance 3.8% 3.8% +0.0%
🔴
Biggest Exit
Mas Financial Services Limited
2.29% was held · Finance
Biggest Add
IndusInd Bank Limited
+1.45% · now 4.93%
Biggest Trim
Axis Bank Limited
-0.86% · now 8.90%
👋 Other funds also exited
Multi Commodity Exchange of India Limited 36 funds
Multi Commodity Exchange of India Limited
Groww Nifty Capital Markets ETF FOF
Edelweiss BSE Capital Markets & Insurance ETF - Growth
Groww Nifty 500 Momentum 50 ETF FOF + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🔴 2 Exits ↑ 15 Increased ↓ 7 Decreased
#StockSectorLast Weight (Jun 2026)
1
Mas Financial Services Limited
₹6.16 Cr
Finance 2.29%
2
Multi Commodity Exchange of India Limited
₹3.45 Cr
Capital Markets 1.28%
#StockSectorJun 2026Jul 2026Change
1
IndusInd Bank Limited
₹13.31 Cr
Banks 3.48% 4.93% +1.45%
2
Shriram Finance Limited
₹8.32 Cr
Finance 1.85% 3.08% +1.23%
3
City Union Bank Limited
₹8.09 Cr
Banks 2.07% 3.00% +0.93%
4
Aditya Birla Capital Limited
₹8.22 Cr
Finance 2.14% 3.05% +0.91%
5
Bajaj Finance Limited
₹14.81 Cr
Finance 4.60% 5.49% +0.89%
6
BSE Limited
₹9.94 Cr
Capital Markets 2.91% 3.68% +0.77%
7
PB Fintech Limited
₹9.94 Cr
Financial Technology (Fintech) 3.03% 3.68% +0.65%
8
ICICI Bank Limited
₹37.89 Cr
Banks 13.49% 14.04% +0.55%
9
One 97 Communications Limited
₹8.47 Cr
Financial Technology (Fintech) 2.67% 3.14% +0.47%
10
Karur Vysya Bank Limited
₹9.20 Cr
Banks 2.96% 3.41% +0.45%
#StockSectorJun 2026Jul 2026Change
1
Axis Bank Limited
₹24.00 Cr
Banks 9.76% 8.90% -0.86%
2
HDFC Bank Limited
₹22.17 Cr
Banks 8.79% 8.22% -0.57%
3
Aditya Birla Sun Life AMC Limited
₹6.15 Cr
Capital Markets 2.61% 2.28% -0.33%
4
Motilal Oswal Financial Services Limited
₹5.90 Cr
Capital Markets 2.45% 2.19% -0.26%
5
Aavas Financiers Limited
₹5.44 Cr
Finance 2.26% 2.02% -0.24%
6
Max Financial Services Limited
₹4.81 Cr
Insurance 1.89% 1.78% -0.11%
7
Aadhar Housing Finance Limited
₹5.88 Cr
Finance 2.27% 2.18% -0.09%

What Stocks Does This Fund Hold?

25 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹37.89 Cr
Banks
14.04%
2
₹24.00 Cr
Banks
8.90%
3
₹22.17 Cr
Banks
8.22%
4
₹15.54 Cr
Banks
5.76%
5
₹14.81 Cr
Finance
5.49%
6
₹13.31 Cr
Banks
4.93%
7
₹9.94 Cr
Capital Markets
3.68%
8
₹9.94 Cr
Financial Technology (Fintech)
3.68%
9
₹9.20 Cr
Banks
3.41%
10
₹9.13 Cr
Capital Markets
3.39%
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Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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