Item: LIC MF Banking & Financial Services Fund Direct Payout of Income Distribution cum Cap Wdrl
Rating: 2
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & Financial Services Fund Direct Payout of Income Distribution cum Cap Wdrl

22.832 (1.057%)

NAV on October 09, 2026

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 275 cr

Turnover Ratio 46.26%

Expense Ratio 1.64%

Exit Load 1.00%if redeemed within
90 Days0.00%if redeemed after 90 Days

Returns

1M: Negative return: -6.78%
1Y: Negative return: -4.45%
3M: Negative return: -7.29%
3Y: Positive return: 6.48%
6M: Negative return: -2.12%
5Y: Positive return: 8.81%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Sudhanshu Asthana (Since 6 months)

ISIN INF767K01NJ8

Fund Family LIC Nomura

P/E Ratio 22.55

P/B Ratio 2.87

Launch Date March 27, 2015

Benchmark Nifty Financial Services TR INR

SECTOR WEIGHTINGS (%)

Financial 94.9%

Industrial 0.0%

Technology 5.1%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

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Top Sector Financial Services Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Quant BFSI Fund Direct Growth	₹ 20.605	10.37%	₹ 922 cr	1.89%	High
Invesco India Financial Services Fund Direct Plan Growth	₹ 169.840	2.67%	₹ 1,896 cr	0.94%	Average
SBI Banking & Financial Services Direct Growth	₹ 47.390	-2.14%	₹ 10,873 cr	1.20%	Low