• 1 Year Returns: -9.39%
• 3 Year Returns: 5.69%
• 5 Year Returns: 7.39%

• Private Banks | 49.36%
• Specialized Finance | 23.06%
• Others | 8.06%
• Asset Management | 5.64%
• Investment Banking & Brokerage | 5.51%

• ICICI Bank Limited | 13.61%
• AU Small Finance Bank Limited | 7.33%
• Axis Bank Limited | 5.32%
• One 97 Communications Ltd | 5.24%
• HDFC Bank Limited | 5.08%

• Equity | 95.71%
• Cash & Equivalents | 4.29%

The alpha ratio for the LIC MF Banking & Financial Services Fund(IDCW) is -0.79

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the LIC MF Banking & Financial Services Fund(IDCW) is 17.77

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the LIC MF Banking & Financial Services Fund(IDCW) is -0.83

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the LIC MF Banking & Financial Services Fund(IDCW) is -0.08

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.