Latest NAV & returns of LIC NOMURA MUTUAL FUND ASSET MANAGEMENT CO.LTD

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

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

NAV on July 01, 2022
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Blend
Total Assets 56 cr
Turnover Ratio 27.50%
Expense Ratio 1.48%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: -4.07%
  • 1Y: -3.74%
  • 3M: -8.38%
  • 3Y: 2.75%
  • 6M: -5.91%
  • 5Y: 2.80%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Jaiprakash Toshniwal (Since 10 months)
ISIN INF767K01NL4
Fund Family LIC Nomura
P/E Ratio 16.48
P/B Ratio 1.90
Launch Date March 27, 2015
Benchmark IISL Nifty Financial Services TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty Financial Services TR INR

Alpha -2.27
Beta 0.94
R-Squared 96.55
Info Ratio -0.41
Tracking Err 5.67
Sortino 0.138
Sharpe 0.103
Std Dev 28.788
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 97.74%
Industrial 0.0%
Technology 0.0%
Basic Materials 0.0%
Consumer Cyclical 0.0%
Utilities Services 0.0%
Healthcare Services 2.26%
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
23.894 -5.35% 3,237 cr 0.80% Average
76.670 -7.03% 410 cr 1.23% Low
24.825 -7.08% 962 cr 0.68% Low
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
346.486 -0.87% 3,213 cr 1.37% High
57.255 -3.13% 513 cr 1.18% Average
23.894 -5.35% 3,237 cr 0.8% Average


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