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LIC MF Banking & Financial Services Fund Regular IDCW

Equity
Sectoral / Thematic
Very High Risk
53.77%
1Y return
-1.96% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Sep 2021₹13.85
Min. SIP amountNA
Rating1star
Fund size₹61.16 Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns53.8%9.6%6.3%5.1%
Category average56.1%9.1%12.0%NA
Rank with in category251415NA
Understand termsinfo

Holdings (17)

NameSectorInstrumentAssets
FinancialEquity23.5%
FinancialEquity17.1%
FinancialEquity8.7%
State Bank of India
FinancialEquity8.1%
FinancialEquity7.9%
FinancialEquity6.9%
FinancialEquity5.1%
FinancialEquity4.0%
FinancialEquity2.8%
FinancialEquity2.4%
See All

Pros and cons

info
Category: Equity Sectoral / Thematic
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Pros

3Y Returns are higher than the category average returns
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Cons

Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Higher expense ratio - 2.8%
5Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 2.80%

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 termsinfo
Check past data

Minimum investment amounts

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

Fund management

Yogesh Patil
Oct 2018 - Present
View details
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Fund house & investment objective

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Fund house contact details

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