Item: LIC MF Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
Rating: 3
Author: Morningstar

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

16.308 (0.216%)

NAV on September 09, 2022

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 70 cr

Turnover Ratio 27.50%

Expense Ratio 1.53%

Exit Load 1.00% if redeemed within
12 Months 0.00% if redeemed after 12 Months

Returns

1M: 6.14%
1Y: 10.29%
3M: 18.84%
3Y: 13.37%
6M: 23.72%
5Y: 7.09%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Jaiprakash Toshniwal (Since about 1 year)

ISIN INF767K01NL4

Fund Family LIC Nomura

P/E Ratio 16.86

P/B Ratio 2.14

Launch Date March 27, 2015

Benchmark IISL Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs IISL Nifty Financial Services TR INR

Alpha -1.15

Beta 0.95

R-Squared 96.47

Info Ratio -0.31

Tracking Err 5.77

Sortino 0.583

Sharpe 0.416

Std Dev 29.574

Risk Below Average

SECTOR WEIGHTINGS (%)

Financial 98.75%

Industrial 0.0%

Technology 0.0%

Basic Materials 0.0%

Consumer Cyclical 0.0%

Utilities Services 0.0%

Healthcare Services 1.25%

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 Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	68.580	7.20%	590 cr	1.14%	Average
Taurus Banking & Financial Services Fund Direct Plan Growth Option	39.950	6.59%	9 cr	1.69%	Below Average
SBI Banking & Financial Services Direct Growth	28.221	5.52%	3,721 cr	0.78%	Average
Tata Banking & Financial Services Fund Direct Growth	29.813	2.68%	1,109 cr	0.65%	Low
Invesco India Financial Services Fund Direct Plan Growth	92.240	2.01%	464 cr	1.22%	Low

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Banking & Financial Services Fund Direct Plan - Growth	417.022	11.24%	3,502 cr	1.37%	Above Average
LIC MF Banking & Financial Services Fund Direct Growth	16.398	10.41%	70 cr	1.53%	Below Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	68.580	7.20%	590 cr	1.14%	Average
SBI Banking & Financial Services Direct Growth	28.221	5.52%	3,721 cr	0.78%	Average
Aditya Birla Sun Life Banking & Financial Services Direct Growth	43.640	3.34%	2,434 cr	1.17%	Above Average