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

19.850 (-0.953%)

NAV on March 10, 2025

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 234 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: -3.36%
1Y: -1.65%
3M: -11.91%
3Y: 13.87%
6M: -10.21%
5Y: 12.44%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Jaiprakash Toshniwal (Since over 3 years)

ISIN INF767K01NJ8

Fund Family LIC Nomura

P/E Ratio 13.96

P/B Ratio 1.95

Launch Date March 27, 2015

Benchmark Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha 0.34

Beta 0.97

R-Squared 83.88

Info Ratio 0.01

Tracking Err 5.99

Sortino 0.782

Sharpe 0.406

Std Dev 14.886

Risk Above Average

SECTOR WEIGHTINGS (%)

Financial 96.86%

Industrial 0.0%

Technology 1.54%

Basic Materials 0.0%

Consumer Cyclical 1.6%

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
Tata Banking & Financial Services Fund Direct Growth	42.452	8.06%	2,324 cr	0.57%	Average
Invesco India Financial Services Fund Direct Plan Growth	136.240	6.02%	1,094 cr	0.87%	High
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	101.579	2.54%	1,325 cr	0.85%	Above Average

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
SBI Banking & Financial Services Direct Growth	40.027	9.66%	6,556 cr	0.73%	Low
ICICI Prudential Banking and Financial Services Fund Direct Plan Growth	129.980	8.63%	9,046 cr	1.05%	Low
Invesco India Financial Services Fund Direct Plan Growth	136.240	6.02%	1,094 cr	0.87%	High
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	101.579	2.54%	1,325 cr	0.85%	Above Average