NAV: 23 May 2022 | ₹13.32 |
Min. SIP amount | ₹1,000 |
Rating | 1 |
Fund size | ₹56.48Cr |
1Y | 3Y | 5Y | All | |
---|---|---|---|---|
Fund returns | -3.7% | 3.7% | 2.6% | 4.1% |
Category average | 56.1% | 9.1% | 12.0% | NA |
Rank with in category | 11 | 11 | 11 | NA |
Name | Sector | Instrument | Assets |
---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 17.6% |
ICICI Bank Ltd. | Financial | Equity | 16.1% |
Axis Bank Ltd. | Financial | Equity | 9.5% |
State Bank of India | Financial | Equity | 8.9% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.2% |
City Union Bank Ltd. | Financial | Equity | 4.5% |
The Federal Bank Ltd. | Financial | Equity | 4.5% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 3.8% |
Bank Of Baroda | Financial | Equity | 3.6% |
SBI Cards & Payments Services Ltd. | Financial | Equity | 3.1% |
Inclusive of GST
For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.
0.005% (from July 1st, 2020)
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.
Min. for 1st investment | ₹5,000 |
Min. for 2nd investment onwards | ₹500 |
Min. for SIP | ₹1,000 |
You can easily invest in LIC MF Banking & Financial Services Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
The LIC MF Banking & Financial Services Fund Direct Growth has been there from 27 Mar 2015 and the average annual returns provided by this fund is -3.69% since its inception.
The term
Expense Ratio used for LIC MF Banking & Financial Services Fund Direct Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of LIC MF Banking & Financial Services Fund Direct Growth is 1.48% as of 24 May 2022...
The AUM, short for Assets Under Management of LIC MF Banking & Financial Services Fund Direct Growth is ₹56.48Cr as of 24 May 2022.
If you want to sell your LIC MF Banking & Financial Services Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
The NAV of LIC MF Banking & Financial Services Fund Direct Growth is ₹13.32 as of 23 May 2022.