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Home>Mutual Funds>LIC Mutual Fund>LIC MF Banking & Financial Services Fund Regular IDCW

LIC MF Banking & Financial Services Fund Regular IDCW

Equity
Sectoral / Thematic
Very High Risk
Payout
2.01%
3Y annualised
+1.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Jul 2022₹12.53
Min. SIP amountNA
Rating1
Fund size₹56.18Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-4.1%2.0%1.9%3.1%
Category average56.1%9.1%12.0%NA
Rank with in category171415NA
Understand terms

Holdings (18)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity18.4%
HDFC Bank Ltd.FinancialEquity18.1%
Axis Bank Ltd.FinancialEquity9.1%
State Bank of IndiaFinancialEquity8.8%
Housing Development Finance Corpn. Ltd.FinancialEquity7.4%
City Union Bank Ltd.FinancialEquity4.7%
Kotak Mahindra Bank Ltd.FinancialEquity3.7%
The Federal Bank Ltd.FinancialEquity3.3%
Bank Of BarodaFinancialEquity3.0%
SBI Cards & Payments Services Ltd.FinancialEquity3.0%
See All

Expense ratio, exit load and tax

Expense ratio: 2.76%

Inclusive of GST

Exit load

For units more than 12% of the investments, an exit load of 1% if redeemed within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
Website
NA
Amc Image
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in LIC MF Banking & Financial Services Fund Regular IDCW?

You can easily invest in LIC MF Banking & Financial Services Fund Regular IDCW 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:

  • Log on to your Groww account
  • Search for LIC MF Banking & Financial Services Fund Regular IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in LIC MF Banking & Financial Services Fund Regular IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Banking & Financial Services Fund Regular IDCW provide?

The LIC MF Banking & Financial Services Fund Regular IDCW has been there from 27 Mar 2015 and the average annual returns provided by this fund is -4.06% since its inception.

How much expense ratio is charged by LIC MF Banking & Financial Services Fund Regular IDCW?

The term Expense Ratio used for LIC MF Banking & Financial Services Fund Regular IDCW 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 Regular IDCW is 2.76% as of 05 Jul 2022...

What is the AUM of LIC MF Banking & Financial Services Fund Regular IDCW?

The AUM, short for Assets Under Management of LIC MF Banking & Financial Services Fund Regular IDCW is ₹56.18Cr as of 05 Jul 2022.

How to Redeem LIC MF Banking & Financial Services Fund Regular IDCW?

If you want to sell your LIC MF Banking & Financial Services Fund Regular IDCW 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.

Can I invest in SIP and Lump Sum of LIC MF Banking & Financial Services Fund Regular IDCW?

You can select either SIP or Lumpsum investment of LIC MF Banking & Financial Services Fund Regular IDCW based on your investment objective and risk tolerance.

What is the NAV of LIC MF Banking & Financial Services Fund Regular IDCW?

The NAV of LIC MF Banking & Financial Services Fund Regular IDCW is ₹12.53 as of 04 Jul 2022.

What is the PE and PB ratio of LIC MF Banking & Financial Services Fund Regular IDCW?

The PE ratio ratio of LIC MF Banking & Financial Services Fund Regular IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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