LIC MF Banking & Financial Services Fund Regular Growth
Medium
Risk
Equity
Other
+
12.34
%
12.34
%
3Y annualised
+
0.16
%
0.16
%
1D
1M
6M
1Y
3Y
All
Fund size
295
NAV:
Mar 7, 2024
18.3857
Sector
Tech
Type
Equity
Launched
Mar 2015
Min Investment
5000
Expense Ratio
3
Risk
Medium
Portfolio allocation
Top 10 Holdings
% Value
HDFC Bank Ltd
20.51
%
ICICI Bank Ltd
14.05
%
State Bank of India
7.51
%
Axis Bank Ltd
7.43
%
The Federal Bank Ltd
4.24
%
CreditAccess Grameen Ltd Ordinary Shares
3.60
%
DCB Bank Ltd
3.38
%
Piramal Enterprises Ltd
3.32
%
IIFL Finance Ltd
2.98
%
L&T Finance Holdings Ltd
2.93
%
Expense ratio, exit load and tax
Expense Ratio:
3
%
Inclusive of GST
Exit load
Exit load of 1.0% if redeemed within 90.0 Days, 0.0 % if redeemed after 90.0 Days.
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Fund house & investment objective
LIC MF Banking & Financial Services Fund Regular Growth
More details
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.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
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One-time
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* Returns are calculated as per lifetime average per annum returns of the fund.
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Monthly SIP
One-time
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