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

22.185 (0.207%)

NAV on October 16, 2024

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 291 cr

Turnover Ratio 59.76%

Expense Ratio 1.05%

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

Returns

1M: -1.41%
1Y: 15.46%
3M: -1.06%
3Y: 12.60%
6M: 9.51%
5Y: 13.58%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Jaiprakash Toshniwal (Since about 3 years)

ISIN INF767K01NJ8

Fund Family LIC Nomura

P/E Ratio 15.87

P/B Ratio 2.11

Launch Date March 27, 2015

Benchmark Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha 3.59

Beta 0.99

R-Squared 86.62

Info Ratio 0.66

Tracking Err 5.77

Sortino 1.094

Sharpe 0.596

Std Dev 15.838

Risk Above Average

SECTOR WEIGHTINGS (%)

Financial 95.67%

Industrial 0.0%

Technology 1.84%

Basic Materials 0.0%

Consumer Cyclical 2.5%

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
Invesco India Financial Services Fund Direct Plan Growth	152.720	39.25%	1,043 cr	0.93%	Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	110.819	28.18%	1,444 cr	0.76%	Below Average
Tata Banking & Financial Services Fund Direct Growth	46.179	25.24%	2,406 cr	0.43%	Average

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant BFSI Fund Direct Growth	17.136	43.12%	705 cr	0.69%	-
Invesco India Financial Services Fund Direct Plan Growth	152.720	39.25%	1,043 cr	0.93%	Average
SBI Banking & Financial Services Direct Growth	42.719	35.54%	6,407 cr	0.74%	Below Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	110.819	28.18%	1,444 cr	0.76%	Below Average
Nippon India Banking & Financial Services Fund Direct Plan - Growth	636.088	26.92%	6,389 cr	1.07%	Average