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

24.394 (1.118%)

NAV on September 18, 2026

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 275 cr

Turnover Ratio 50.02%

Expense Ratio 1.64%

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

Returns

1M: Negative return: -0.95%
1Y: Positive return: 2.99%
3M: Positive return: 0.81%
3Y: Positive return: 7.81%
6M: Positive return: 3.90%
5Y: Positive return: 10.17%

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

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha -1.05

Beta 0.96

R-Squared 87.63

Info Ratio -0.26

Tracking Err 5.59

Sortino 0.423

Sharpe 0.284

Std Dev 15.789

Risk Below Average

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

Top Rated
Top Performing

Top Sector Financial Services Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Quant BFSI Fund Direct Growth	₹ 21.851	16.91%	₹ 922 cr	1.89%	High
Invesco India Financial Services Fund Direct Plan Growth	₹ 175.530	6.56%	₹ 1,896 cr	0.70%	Below Average
SBI Banking & Financial Services Direct Growth	₹ 48.547	0.75%	₹ 10,873 cr	1.16%	Low