Item: LIC MF Banking & Financial Services Fund Direct Payout of Income Distribution cum Cap Wdrl
Rating: 2
Author: Morningstar

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

21.850 (-1.385%)

NAV on October 30, 2026

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 256 cr

Turnover Ratio 46.26%

Expense Ratio 1.65%

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

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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

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

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Top Performing

Top Sector Financial Services Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Quant BFSI Fund Direct Growth	₹ 19.144	-0.26%	₹ 894 cr	1.95%	High
Invesco India Financial Services Fund Direct Plan Growth	₹ 166.820	-2.22%	₹ 1,789 cr	0.96%	Average
SBI Banking & Financial Services Direct Growth	₹ 46.558	-6.12%	₹ 10,420 cr	1.19%	Low