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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

22.143 (2.089%)
NAV on April 17, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 254 cr
Turnover Ratio 59.76%
Expense Ratio 1.05%
Exit Load 1.00%if redeemed within
90 Days0.00%if redeemed after 90 Days
Returns
  • 1M: 11.39%
  • 1Y: 9.30%
  • 3M: 9.10%
  • 3Y: 14.67%
  • 6M: 1.00%
  • 5Y: 20.69%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Jaiprakash Toshniwal (Since over 3 years)
ISIN INF767K01NL4
Fund Family LIC Nomura
P/E Ratio 13.69
P/B Ratio 1.90
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 -0.11
Beta 0.95
R-Squared 84.30
Info Ratio -0.11
Tracking Err 6.10
Sortino 1.012
Sharpe 0.512
Std Dev 15.278
Risk Above Average
SECTOR WEIGHTINGS (%)
Financial 96.65%
Industrial 0.0%
Technology 1.75%
Basic Materials 0.0%
Consumer Cyclical 1.6%
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
Tata
Tata Banking & Financial Services Fund Direct Growth
48.062 21.09% 2,548 cr 0.53% Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
153.770 18.87% 1,208 cr 0.87% High
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
114.297 16.09% 1,415 cr 0.87% Average
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sbi
SBI Banking & Financial Services Direct Growth
44.631 21.27% 7,111 cr 0.76% Low
Tata
Tata Banking & Financial Services Fund Direct Growth
48.062 21.09% 2,548 cr 0.53% Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
153.770 18.87% 1,208 cr 0.87% High
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
114.297 16.09% 1,415 cr 0.87% Average


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