← Lic Mutual Fund

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

Equity Data as of Jun 2026 Comparing May 2026 → Jun 2026
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Stocks Held
27
Jun 2026
Equity Holdings
₹254.56 Cr
Equity only, excl. debt & cash
Top 5 Weight
42.1%
High concentration
Top 10 Weight
58.0%
Moderate
Changes
28
2 new · 1 exits
Top Sector
Banks
49.8% of portfolio
📋 What Happened This Month LIC MF Banking and Financial Services Fund made 2 new additions and exited 1 stock this month. The biggest new buy was BSE Limited (Capital Markets) at 2.91% weight. Kotak Mahindra Bank Limited was the biggest exit (Banks), which was held at 5.78%. Among existing holdings, IndusInd Bank Limited saw the biggest increase — now at 3.48% of the portfolio. HDFC Bank Limited was trimmed the most, now at 8.79%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 49.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 55.3% 55.1% -0.2%
Finance 27.8% 18.3% -9.5%
Capital Markets 8.2% 11.5% +3.3%
Financial Technology (Fintech) 1.8% 5.0% +3.2%
Insurance 1.4% 4.1% +2.7%
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%
🟢
Biggest New Buy
BSE Limited
2.91% weight · Capital Markets
🔴
Biggest Exit
Kotak Mahindra Bank Limited
5.78% was held · Banks
Biggest Add
IndusInd Bank Limited
+1.43% · now 3.48%
Biggest Trim
HDFC Bank Limited
-1.81% · now 8.79%
🤝 Other funds also bought this month
BSE Limited 25 funds
BSE Limited
IB51-Groww Nifty Capital Markets ETF
UTI Nifty Midcap 150 Quality 50 Index Fund - Direct Plan - Growth Option
DSP Nifty Midcap 150 Quality 50 Index Fund - Direct - Growth + more
Aavas Financiers Limited 5 funds
Aavas Financiers Limited
LIC MF Small Cap Fund-Direct Plan-Growth
Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund)-Direct Plan - Growth Option
ICICI Prudential Nifty Smallcap 250 ETF + more
👋 Other funds also exited
Kotak Mahindra Bank Limited 27 funds
Kotak Mahindra Bank Limited
Mirae Asset Nifty Top 20 Equal Weight ETF
Helios Financial Services Fund - Direct Plan - Growth Option
WhiteOak Capital ESG Best-In-Class Strategy Fund Direct Plan Growth + more

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 Jun 2026
🟢 2 New Entries 🔴 1 Exit ↑ 15 Increased ↓ 10 Decreased
#StockSectorWeight (Jun 2026)
1
BSE Limited
₹7.83 Cr
Capital Markets 2.91%
2
Aavas Financiers Limited
₹6.08 Cr
Finance 2.26%
#StockSectorLast Weight (May 2026)
1
Kotak Mahindra Bank Limited
₹14.81 Cr
Banks 5.78%
#StockSectorMay 2026Jun 2026Change
1
IndusInd Bank Limited
₹9.38 Cr
Banks 2.05% 3.48% +1.43%
2
City Union Bank Limited
₹5.56 Cr
Banks 1.25% 2.07% +0.82%
3
PB Fintech Limited
₹8.15 Cr
Financial Technology (Fintech) 2.26% 3.03% +0.77%
4
ICICI Bank Limited
₹36.30 Cr
Banks 12.94% 13.49% +0.55%
5
CreditAccess Grameen Limited
₹8.10 Cr
Finance 2.75% 3.01% +0.26%
6
Bajaj Finance Limited
₹12.39 Cr
Finance 4.37% 4.60% +0.23%
7
Aditya Birla Sun Life AMC Limited
₹7.02 Cr
Capital Markets 2.52% 2.61% +0.09%
8
Shriram Finance Limited
₹4.97 Cr
Finance 1.76% 1.85% +0.09%
9
Motilal Oswal Financial Services Limited
₹6.59 Cr
Capital Markets 2.38% 2.45% +0.07%
10
Aadhar Housing Finance Limited
₹6.11 Cr
Finance 2.21% 2.27% +0.06%
#StockSectorMay 2026Jun 2026Change
1
HDFC Bank Limited
₹23.65 Cr
Banks 10.60% 8.79% -1.81%
2
Axis Bank Limited
₹26.27 Cr
Banks 10.25% 9.76% -0.49%
3
Max Financial Services Limited
₹5.08 Cr
Insurance 2.10% 1.89% -0.21%
4
SBI Life Insurance Company Limited
₹5.04 Cr
Insurance 2.04% 1.87% -0.17%
5
Power Finance Corporation Limited
₹6.98 Cr
Finance 2.75% 2.59% -0.16%
6
360 One WAM Limited
₹4.44 Cr
Capital Markets 1.78% 1.65% -0.13%
7
Multi Commodity Exchange of India Limited
₹3.45 Cr
Capital Markets 1.40% 1.28% -0.12%
8
Mas Financial Services Limited
₹6.16 Cr
Finance 2.40% 2.29% -0.11%
9
One 97 Communications Limited
₹7.20 Cr
Financial Technology (Fintech) 2.75% 2.67% -0.08%
10
Karur Vysya Bank Limited
₹7.96 Cr
Banks 3.03% 2.96% -0.07%

What Stocks Does This Fund Hold?

27 stocks — Jun 2026

# Stock Sector Cap Weight & Value
1
₹36.30 Cr
Banks
13.49%
2
₹26.27 Cr
Banks
9.76%
3
₹23.65 Cr
Banks
8.79%
4
₹14.72 Cr
Banks
5.47%
5
₹12.39 Cr
Finance
4.60%
6
₹9.38 Cr
Banks
3.48%
7
₹9.14 Cr
Capital Markets
3.39%
8
₹8.15 Cr
Financial Technology (Fintech)
3.03%
9
₹8.10 Cr
Finance
3.01%
10
₹7.96 Cr
Banks
2.96%
🏆 Top stocks held by Equity funds
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🏦 Lic Mutual Fund — Portfolio & Holdings
See all funds managed by Lic Mutual Fund — conviction stocks, monthly entries & exits

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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