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Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & Financial Services Fund Direct Growth
Latest NAV & returns of LIC Mutual Fund Asset Management Ltd.

LIC MF Banking & Financial Services Fund Direct Growth

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NAV: ₹25.005 (-0.728%)
NAV on August 28, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹270 cr
Turnover Ratio 50.02%
Expense Ratio 1.72%
Exit Load 1.00%if redeemed within
90 Days0.00%if redeemed after 90 Days
Returns
  • 1M: Positive return: 1.87%
  • 1Y: Positive return: 9.40%
  • 3M: Positive return: 5.89%
  • 3Y: Positive return: 9.43%
  • 6M: Negative return: -0.35%
  • 5Y: Positive return: 11.78%
Min Investment ₹5,000
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ADDITIONAL INFO
Fund Manager Sudhanshu Asthana (Since 5 months)
ISIN INF767K01NK6
Fund Family LIC Nomura
P/E Ratio 19.97
P/B Ratio 2.53
Launch Date March 27, 2015
Benchmark Nifty Financial Services TR INR

Asset Allocation

  • Equity: 98.0%
  • Debt: 2.0%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha -1.54
Beta 0.96
R-Squared 88.64
Info Ratio -0.36
Tracking Err 5.40
Sortino 0.295
Sharpe 0.199
Std Dev 15.870
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 96.8%
Industrial 0.0%
Technology 3.2%
Basic Materials 0.0%
Consumer Cyclical 0.0%
Utilities Services 0.0%
Healthcare Services 0.00%
Energy Services 0.00%
Communication Services 0.00%
Consumer Defensive 0.00%
Real Estate 0.00%
INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However, there can be no assurance that the investment objective of the Scheme will be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

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Best Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
QUANT MUTUAL FUND logo
Quant BFSI Fund Direct Growth
₹ 22.061 25.08% ₹ 899 cr 1.89% High


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