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Latest NAV & returns of LIC Mutual Fund Asset Management Ltd.

LIC MF Banking & Financial Services Fund Direct Payout of Income Distribution cum Cap Wdrl

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previously known as LIC MF Bnk & Fin Serv Dir DP until

NAV on October 30, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹256 cr
Turnover Ratio 46.26%
Expense Ratio 1.65%
Exit Load 1.00%if redeemed within
90 Days
0.00%if redeemed after 90 Days
Returns
  • 1M: Negative return: -4.47%
  • 1Y: Negative return: -11.61%
  • 3M: Negative return: -10.43%
  • 3Y: Positive return: 5.27%
  • 6M: Negative return: -7.20%
  • 5Y: Positive return: 7.10%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Sudhanshu Asthana (Since 7 months)
ISIN INF767K01NJ8
Fund Family LIC Nomura
P/E Ratio 20.77
P/B Ratio 2.62
Launch Date March 27, 2015
Benchmark Nifty Financial Services TR INR

Asset Allocation

  • Equity: 95.7%
  • Debt: 4.3%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha -3.93
Beta 0.99
R-Squared 86.04
Info Ratio -0.70
Tracking Err 6.31
Sortino 0.047
Sharpe 0.034
Std Dev 16.889
Risk Average
SECTOR WEIGHTINGS (%)
Financial 94.53%
Industrial 0.0%
Technology 5.47%
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 Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 19.144 -0.26% ₹ 894 cr 1.95% High
₹ 166.820 -2.22% ₹ 1,789 cr 0.96% Average
₹ 46.558 -6.12% ₹ 10,420 cr 1.19% Low

Best Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 19.144 -0.26% ₹ 894 cr 1.95% High


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