← Lic Mutual Fund

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

Equity Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
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Stocks Held
24
Aug 2026
Equity Holdings
₹269.35 Cr
Equity only, excl. debt & cash
AAUM
₹254.28 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
36.6%
Moderate
Top 10 Weight
59.7%
Moderate
Changes
26
1 new · 2 exits
Top Sector
Banks
49.3% 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 made 1 new addition and exited 2 stocks this month. The biggest new buy was Cholamandalam Investment and Finance Company Ltd (Finance) at 2.98% weight. Power Finance Corporation Limited was the biggest exit (Finance), which was held at 2.59%. Among existing holdings, One 97 Communications Limited saw the biggest increase — now at 5.01% of the portfolio. Axis Bank Limited was trimmed the most, now at 5.27%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 49.3%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
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%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 52.5% 49.3% -3.2%
Finance 21.6% 21.8% +0.2%
Capital Markets 13.3% 14.5% +1.3%
Financial Technology (Fintech) 6.8% 9.9% +3.1%
Insurance 3.8% 2.6% -1.2%
🟢
Biggest New Buy
Cholamandalam Investment and Finance Company Ltd
2.98% weight · Finance
🔴
Biggest Exit
Power Finance Corporation Limited
2.59% was held · Finance
Biggest Add
One 97 Communications Limited
+1.87% · now 5.01%
Biggest Trim
Axis Bank Limited
-3.63% · now 5.27%
🤝 Other funds also bought this month
Cholamandalam Investment and Finance Company Ltd 25 funds
Cholamandalam Investment and Finance Company Ltd
Mirae Asset Nifty Next 50 ETF
Groww Large Cap Fund
Invesco India ESG Integration Strategy Fund (An open ended equity scheme investing in companies following Environmental, Social and Governance (ESG) theme following integration strategy) + more
👋 Other funds also exited
Power Finance Corporation Limited 51 funds
Power Finance Corporation Limited
Kotak Nifty200 Value 30 Index Fund - Direct - Growth
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option
Kotak Multicap Fund-Direct Plan-Growth + more
SBI Life Insurance Company Limited 39 funds
SBI Life Insurance Company Limited
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option
Kotak NIFTY 100 Low Volatility 30 Index Fund - Direct plan - Growth option
Kotak Nifty 100 Low Volatility 30 ETF + more

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
🟢 1 New Entry 🔴 2 Exits ↑ 10 Increased ↓ 13 Decreased
#StockSectorWeight (Aug 2026)
1
Cholamandalam Investment and Finance Company Ltd
₹8.17 Cr
Finance 2.98%
#StockSectorLast Weight (Jul 2026)
1
Power Finance Corporation Limited
₹6.98 Cr
Finance 2.59%
2
SBI Life Insurance Company Limited
₹5.38 Cr
Insurance 1.99%
#StockSectorJul 2026Aug 2026Change
1
One 97 Communications Limited
₹13.75 Cr
Financial Technology (Fintech) 3.14% 5.01% +1.87%
2
AU Small Finance Bank Limited
₹20.19 Cr
Banks 5.76% 7.36% +1.60%
3
City Union Bank Limited
₹11.96 Cr
Banks 3.00% 4.36% +1.36%
4
PB Fintech Limited
₹13.51 Cr
Financial Technology (Fintech) 3.68% 4.92% +1.24%
5
DCB Bank Limited
₹8.31 Cr
Banks 1.83% 3.03% +1.20%
6
Shriram Finance Limited
₹11.59 Cr
Finance 3.08% 4.22% +1.14%
7
Motilal Oswal Financial Services Limited
₹8.66 Cr
Capital Markets 2.19% 3.15% +0.96%
8
Max Financial Services Limited
₹7.09 Cr
Insurance 1.78% 2.58% +0.80%
9
360 One WAM Limited
₹6.70 Cr
Capital Markets 1.74% 2.44% +0.70%
10
Aditya Birla Sun Life AMC Limited
₹6.39 Cr
Capital Markets 2.28% 2.33% +0.05%
#StockSectorJul 2026Aug 2026Change
1
Axis Bank Limited
₹14.46 Cr
Banks 8.90% 5.27% -3.63%
2
HDFC Bank Limited
₹13.04 Cr
Banks 8.22% 4.75% -3.47%
3
CreditAccess Grameen Limited
₹7.42 Cr
Finance 3.21% 2.70% -0.51%
4
Bajaj Finance Limited
₹13.72 Cr
Finance 5.49% 5.00% -0.49%
5
BSE Limited
₹8.94 Cr
Capital Markets 3.68% 3.26% -0.42%
6
Aavas Financiers Limited
₹5.04 Cr
Finance 2.02% 1.84% -0.18%
7
Aadhar Housing Finance Limited
₹5.54 Cr
Finance 2.18% 2.02% -0.16%
8
Ujjivan Small Finance Bank Limited
₹6.22 Cr
Banks 2.39% 2.26% -0.13%
9
ICICI Bank Limited
₹38.38 Cr
Banks 14.04% 13.98% -0.06%
10
IndusInd Bank Limited
₹13.37 Cr
Banks 4.93% 4.87% -0.06%

What Stocks Does This Fund Hold?

24 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹38.38 Cr
Banks
13.98%
2
₹20.19 Cr
Banks
7.36%
3
₹14.46 Cr
Banks
5.27%
4
₹13.75 Cr
Financial Technology (Fintech)
5.01%
5
₹13.72 Cr
Finance
5.00%
6
₹13.51 Cr
Financial Technology (Fintech)
4.92%
7
₹13.37 Cr
Banks
4.87%
8
₹13.04 Cr
Banks
4.75%
9
₹11.96 Cr
Banks
4.36%
10
₹11.59 Cr
Finance
4.22%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
🏦 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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