Item: LIC MF Banking & Financial Services Fund Direct Payout of Income Distribution cum Cap Wdrl
Rating: 3
Author: Morningstar

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

24.590 (-1.329%)

NAV on August 07, 2026

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 269 cr

Turnover Ratio 50.02%

Expense Ratio 1.68%

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

Returns

1M: Negative return: -1.65%
1Y: Positive return: 5.88%
3M: Positive return: 1.46%
3Y: Positive return: 9.04%
6M: Negative return: -2.43%
5Y: Positive return: 11.41%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Sudhanshu Asthana (Since 4 months)

ISIN INF767K01NJ8

Fund Family LIC Nomura

P/E Ratio 20.62

P/B Ratio 2.55

Launch Date March 27, 2015

Benchmark Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha -1.56

Beta 0.96

R-Squared 88.65

Info Ratio -0.36

Tracking Err 5.39

Sortino 0.293

Sharpe 0.198

Std Dev 15.870

Risk Below Average

SECTOR WEIGHTINGS (%)

Financial 97.17%

Industrial 0.0%

Technology 2.83%

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

Top Rated
Top Performing

Top Sector Financial Services Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Quant BFSI Fund Direct Growth	₹ 21.528	18.91%	₹ 838 cr	1.89%	High
Invesco India Financial Services Fund Direct Plan Growth	₹ 177.650	8.83%	₹ 1,811 cr	0.71%	Below Average
Tata Banking & Financial Services Fund Direct Growth	₹ 52.265	6.75%	₹ 3,171 cr	0.48%	Below Average
SBI Banking & Financial Services Direct Growth	₹ 49.405	4.90%	₹ 10,845 cr	1.07%	Low