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

24.652 (-0.290%)

NAV on October 24, 2025

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 271 cr

Turnover Ratio 50.02%

Expense Ratio 1.18%

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

Returns

1M: 5.25%
1Y: 13.72%
3M: 1.94%
3Y: 14.29%
6M: 9.15%
5Y: 19.05%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Jaiprakash Toshniwal (Since about 4 years)

ISIN INF767K01NJ8

Fund Family LIC Nomura

P/E Ratio 16.28

P/B Ratio 2.25

Launch Date March 27, 2015

Benchmark Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha -0.98

Beta 0.97

R-Squared 80.98

Info Ratio -0.27

Tracking Err 5.76

Sortino 0.963

Sharpe 0.546

Std Dev 13.161

Risk Above Average

SECTOR WEIGHTINGS (%)

Financial 95.24%

Industrial 0.0%

Technology 2.64%

Basic Materials 0.0%

Consumer Cyclical 2.12%

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
SBI Banking & Financial Services Direct Growth	49.651	18.02%	8,693 cr	0.77%	Low
Invesco India Financial Services Fund Direct Plan Growth	169.520	13.03%	1,422 cr	0.83%	Above Average

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant BFSI Fund Direct Growth	19.351	21.73%	655 cr	0.77%	-
SBI Banking & Financial Services Direct Growth	49.651	18.02%	8,693 cr	0.77%	Low
Invesco India Financial Services Fund Direct Plan Growth	169.520	13.03%	1,422 cr	0.83%	Above Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	120.302	10.17%	1,514 cr	0.78%	High