Loading…
Sectoral / Thematic · LIC Mutual Fund · AMFI code 133908LIC Mf Banking And Financial Services Fund
Disclosed for 5 months, May 2026 to Sep 2026.Published as: LIC MF BANKING AND FINANCIAL SERVICES FUND
Portfolio value
₹270 Cr
up ₹60 L vs Jun 2026
- Stocks held
- 25
- down 2 vs Jun 2026
- Top 10 weight
- 61.5%
- of the portfolio in its ten largest
- Cash & debt
- 2.0%
- cash, money market and debt
- Moves this month
- 0 in · 2 out
- added to 10, trimmed 7
LIC Mf Banking And Financial Services Fund is an active equity fund in the Sectoral / Thematic category from LIC Mutual Fund. In July 2026 it disclosed 25 stocks worth ₹270 Cr, up ₹60 L from Jun 2026. Its largest positions were ICICI Bank Limited (14.0%), Axis Bank Limited (8.9%), HDFC Bank Limited (8.2%); the ten largest together made up 61.5% of the portfolio, and Banks was the biggest sector at 53.6% of its equity. Cash and debt stood at 2.0%. Compared with Jun 2026 the fund entered 0 new stocks and exited 2.
Against 229 other Sectoral / Thematic funds
Concentration
84%
Top-10 weight is higher than 84% of peers
Breadth
7%
Holds more stocks than 7% of peers
Cash
29%
Holds more cash than 29% of peers
What these mean: concentration · cash
Holdings in July 2026
Download CSVEvery line the fund disclosed, with the change against Jun 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 14.04% | up 0.56 pts | ₹37.9 Cr | up ₹1.6 Cr | Added |
| Axis Bank Limited | 8.90% | down 0.86 pts | ₹24 Cr | down ₹2.3 Cr | Trimmed |
| HDFC Bank Limited | 8.22% | down 0.57 pts | ₹22.2 Cr | down ₹1.5 Cr | Trimmed |
| AU Small Finance Bank Limited | 5.76% | up 0.29 pts | ₹15.5 Cr | up ₹83 L | Added |
| Bajaj Finance Limited | 5.49% | up 0.89 pts | ₹14.8 Cr | up ₹2.4 Cr | Added |
| IndusInd Bank Limited | 4.93% | up 1.45 pts | ₹13.3 Cr | up ₹3.9 Cr | Added |
| PB Fintech Limited | 3.68% | up 0.66 pts | ₹9.9 Cr | up ₹1.8 Cr | Added |
| BSE Limited | 3.68% | up 0.77 pts | ₹9.9 Cr | up ₹2.1 Cr | Added |
| Karur Vysya Bank Limited | 3.41% | up 0.46 pts | ₹9.2 Cr | up ₹1.2 Cr | Added |
| Nippon Life India Asset Management Limited | 3.39% | down 0.01 pts | ₹9.1 Cr | down ₹0 L | Held |
| CreditAccess Grameen Limited | 3.21% | up 0.20 pts | ₹8.7 Cr | up ₹56 L | Added |
| One 97 Communications Limited | 3.14% | up 0.46 pts | ₹8.5 Cr | up ₹1.3 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 3.08% | up 1.24 pts | ₹8.3 Cr | up ₹3.3 Cr | Added |
| Aditya Birla Capital Limited | 3.05% | up 0.91 pts | ₹8.2 Cr | up ₹2.5 Cr | Added |
| City Union Bank Limited | 3.00% | up 0.93 pts | ₹8.1 Cr | up ₹2.5 Cr | Added |
| Power Finance Corporation Limited | 2.59% | down 0.01 pts | ₹7 Cr | up ₹0 L | Held |
| Ujjivan Small Finance Bank Limited | 2.39% | up 0.42 pts | ₹6.5 Cr | up ₹1.1 Cr | Added |
| Aditya Birla Sun Life AMC Limited | 2.28% | down 0.33 pts | ₹6.2 Cr | down ₹87 L | Trimmed |
| Motilal Oswal Financial Services Limited | 2.19% | down 0.26 pts | ₹5.9 Cr | down ₹69 L | Trimmed |
| Aadhar Housing Finance Limited | 2.18% | down 0.09 pts | ₹5.9 Cr | down ₹22 L | Trimmed |
| Cash, TREPS & receivables | 2.03% | down 3.41 pts | ₹5.5 Cr | down ₹9.2 Cr | Trimmed |
| Aavas Financiers Limited | 2.02% | down 0.24 pts | ₹5.4 Cr | down ₹64 L | Trimmed |
| SBI Life Insurance Company Limited | 1.99% | up 0.12 pts | ₹5.4 Cr | up ₹33 L | Added |
| DCB Bank Limited | 1.83% | up <0.01 pts | ₹4.9 Cr | up ₹2 L | Held |
| Max Financial Services Limited | 1.78% | down 0.11 pts | ₹4.8 Cr | down ₹27 L | Trimmed |
| 360 One WAM Limited | 1.74% | up 0.09 pts | ₹4.7 Cr | up ₹25 L | Added |
What changed, Jun 2026 to Jul 2026
New New positions (0)
None.
Exited Exited (2)
- Mas Financial Services Limitedwas 2.3% · ₹6.2 Cr
- Multi Commodity Exchange of India Limitedwas 1.3% · ₹3.4 Cr
Added Biggest additions
- IndusInd Bank Limitedup ₹3.9 Cr (+1.45% pts)
- Shriram Transport Finance Company Limitedup ₹3.3 Cr (+1.24% pts)
- City Union Bank Limitedup ₹2.5 Cr (+0.93% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Jun 2026, the weight rose most in Financial Technology (fintech) (+0.9 pts) and Banks (+0.9 pts), and fell most in Capital Markets (−1.6 pts) and Finance (−0.2 pts).
- Financial Technology (fintech)6.0% → 7.0%+0.9 pts
- Banks52.7% → 53.6%+0.9 pts
- Capital Markets15.1% → 13.5%−1.6 pts
- Finance22.2% → 22.1%−0.2 pts
- Insurance4.0% → 3.9%−0.1 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jun 2026 | Jul 2026 |
|---|---|---|
| Banks | 52.7% | 53.6% |
| Finance | 22.2% | 22.1% |
| Capital Markets | 15.1% | 13.5% |
| Financial Technology (fintech) | 6.0% | 7.0% |
| Insurance | 4.0% | 3.9% |
Allocation in Jul 2026change vs Jun 2026
- Banks (9)53.6%▲ 0.9 pts
- Finance (7)22.1%▼ 0.2 pts
- Capital Markets (5)13.5%▼ 1.6 pts
- Financial Technology (fintech) (2)7.0%▲ 0.9 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jul 2026
2.0%
▼ 3.4 pts vs Jun 2026
- Cash alone
- 2.0%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 2.0% – 6.0%
- lowest to highest · record 6.0% in May 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.