Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
Latest NAV & returns of LIC Mutual Fund Asset Management Ltd.

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

Add To Compare

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

24.218 (0.081%)
NAV on June 19, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Blend
Total Assets 256 cr
Turnover Ratio 50.02%
Expense Ratio 0.99%
Exit Load 1.00%if redeemed within
90 Days0.00%if redeemed after 90 Days
Returns
  • 1M: 4.73%
  • 1Y: 4.92%
  • 3M: 6.76%
  • 3Y: 10.28%
  • 6M: -2.59%
  • 5Y: 11.92%
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Sudhanshu Asthana (Since 3 months)
ISIN INF767K01NL4
Fund Family LIC Nomura
P/E Ratio 19.04
P/B Ratio 2.34
Launch Date March 27, 2015
Benchmark Nifty Financial Services TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha -0.42
Beta 0.96
R-Squared 87.39
Info Ratio -0.12
Tracking Err 5.70
Sortino 0.375
Sharpe 0.252
Std Dev 15.962
Risk Average
SECTOR WEIGHTINGS (%)
Financial 97.07%
Industrial 0.0%
Technology 2.93%
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet
Top Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
178.490 10.23% 1,701 cr 0.69% Average
Sbi
SBI Banking & Financial Services Direct Growth
49.592 6.31% 10,375 cr 0.77% Low
Tata
Tata Banking & Financial Services Fund Direct Growth
51.793 3.94% 3,036 cr 0.49% Average
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Quant
Quant BFSI Fund Direct Growth
21.403 25.39% 784 cr 0.79% -
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
178.490 10.23% 1,701 cr 0.69% Average


Other plans of LIC MF Bnk & Fin Serv


Other Equity funds by LIC Nomura

Data Partner
Click here to visit AMC website and
read all scheme related documents LIC Nomura Fund