LIC MF BANKING AND FINANCIAL SERVICES FUND holds 26 instruments (95.7% equity), led by ICICI Bank Limited (13.61%), AU Small Finance Bank Limited (7.33%) and Axis Bank Limited (5.32%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of LIC MF BANKING AND FINANCIAL SERVICES FUND, managed by LIC Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 26 instruments with an equity allocation of 95.7%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
LIC MF BANKING AND FINANCIAL SERVICES FUND's top 10 holdings account for 58.06% of its portfolio, more concentrated than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 95.7% of net assets, spread across 1 sector in total. Since its 31 August 2026 disclosure, the fund added 0 new positions and exited 0 positions, with PB Fintech Limited seeing the largest move (-1.93pp to 2.99%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| HDFC Bank Limited | 4.75% → 5.08% | ▲ +0.33 |
| City Union Bank Limited | 4.36% → 4.6% | ▲ +0.24 |
| One 97 Communications Limited | 5.01% → 5.24% | ▲ +0.23 |
| Ujjivan Small Finance Bank Limited | 2.26% → 2.37% | ▲ +0.11 |
| Stock | Weight | Change |
|---|---|---|
| PB Fintech Limited | 4.92% → 2.99% | ▼ -1.93 |
| ICICI Bank Limited | 13.98% → 13.61% | ▼ -0.37 |
| IndusInd Bank Limited | 4.87% → 4.62% | ▼ -0.25 |
| Shriram Finance Limited | 4.22% → 4% | ▼ -0.22 |
| Cholamandalam Investment and Finance Company Limited | 2.98% → 2.78% | ▼ -0.2 |
| Max Financial Services Limited | 2.58% → 2.42% | ▼ -0.16 |
| 360 ONE WAM LIMITED | 2.44% → 2.29% | ▼ -0.15 |
| Bajaj Finance Limited | 5% → 4.86% | ▼ -0.14 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | ICICI Bank Limited | Financial Services | 13.61% |
| 2 | AU Small Finance Bank Limited | Financial Services | 7.33% |
| 3 | Axis Bank Limited | Financial Services | 5.32% |
| 4 | One 97 Communications Limited | Financial Services | 5.24% |
| 5 | HDFC Bank Limited | Financial Services | 5.08% |
| 6 | Bajaj Finance Limited | Financial Services | 4.86% |
| 7 | IndusInd Bank Limited | Financial Services | 4.62% |
| 8 | City Union Bank Limited | Financial Services | 4.6% |
| 9 | TREPStreps | — | 4.47% |
| 10 | Shriram Finance Limited | Financial Services | 4% |
| 11 | Karur Vysya Bank Limited | Financial Services | 3.4% |
| 12 | BSE Limited | Financial Services | 3.29% |
| 13 | Nippon Life India Asset Management Limited | Financial Services | 3.28% |
| 14 | Motilal Oswal Financial Services Limited | Financial Services | 3.22% |
| 15 | DCB Bank Limited | Financial Services | 3.02% |
| 16 | Aditya Birla Capital Limited | Financial Services | 3.02% |
| 17 | PB Fintech Limited | Financial Services | 2.99% |
| 18 | Cholamandalam Investment and Finance Company Limited | Financial Services | 2.78% |
| 19 | CREDITACCESS GRAMEEN LIMITED | Financial Services | 2.7% |
| 20 | Max Financial Services Limited | Financial Services | 2.42% |
| 21 | Ujjivan Small Finance Bank Limited | Financial Services | 2.37% |
| 22 | Aditya Birla Sun Life AMC Limited | Financial Services | 2.36% |
| 23 | 360 ONE WAM LIMITED | Financial Services | 2.29% |
| 24 | Aadhar Housing Finance Limited | Financial Services | 2.01% |
| 25 | Aavas Financiers Limited | Financial Services | 1.89% |
| 26 | Net Receivables / (Payables)other | — | -0.17% |
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: LIC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.