The invention belongs to the technical field of rubber chemical modification, and discloses a sericin graft-modified natural latex, a preparation method and applications thereof. The natural latex comprises following ingredients, by weight, 50 to 100 parts of natural latex, 25.3 to 69.6 parts of a sericin water solution, 0.2 to 1.0 part of a first initiator, and 0.2 to 1.0 part of a second initiator. The preparation method comprises following step: in nitrogen atmosphere, 50 to 100 parts of natural latex and 25.3 to 69.6 parts of the sericin water solution are stirred with a uniform speed; 0.2 to 1 part of the first initiator is added dropwise; and 0.2 to 1.0 of the second initiator is added dropwise at a uniform speed; and an obtained mixture is subjected to polymerization, and is allowed to stand so as to obtain the sericin graft-modified natural latex. The preparation method is based on surface energy difference of sericin and natural latex, and sericin is gathered at the surface of natural latex so as to isolate allergic proteins. At the same time, hydrogen-bond interaction between amino acids in sericin and allergic water soluble proteins in natural laxe is induced, and the allergic water soluble proteins are denatured, so that occurrence possibility of induced allergic reaction is reduced greatly without influencing rubber physical and mechanical properties.