LIC MF Banking & Fina Serv Fund (IDCW) Equity - Banking
Plan: OPEN | Option: Dividend | Jaiprakash Toshniwal
03 Apr 25 | 12:00 AM
18.95 0.12 (0.64%)
Scheme Info
Investment Details
Have a look at some key information regarding the Mutual fund which helps in evaluating whether the fund suits your investment objectives
Fund Objective
The Scheme is to generate long-term capital appreciation for unit holders from a portfolio that in invested substantially in equity and equity related securities of companies engaged in banking and financial services sector.
Scheme Details
- Fund Type
OPEN
- Inception Date
09-03-2015
- AMC Name
- Minimum Investment
Rs. 5000
- Expense Ratio
2.42
- Exit Load Comment
12% of the unit alloted shall be redeemed without any exit load, on or before completion of 90 days from the date of allotment of units. 1% - on remaining units, if redeemed or switched out on or before completion of 90 days from the date of allotment of units. Nil - if redeemed or switched out after completion of 90 days from the date of allotment of units.