LIC MF BANKING & FINANCIAL SERVICES FUND-REG(G)

Product name	Return type	1 yr(%)	3 yr(%)	5 yr(%)
LIC MF BANKING & FINANCIAL SERVICES FUND-REG(G)	market linked	21.73 %	16.13 %	11.15 %
BenchMark : Nifty Financial Services - TRI	BenchMark Return	14.01	12.92	12.16
Value of Rs. 1,00,000 Invested	current value	121730	156615	169647

scheme objective	The investment objective of 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. However there can be no assurance that the investment objective of the scheme will be achieved.
Category	Mutual Fund > Equity > Sectoral / Thematic
Fund Type	Open Ended
Fund Manager	Jaiprakash Toshniwal
Minimum Amount for Lumpsum Investment (Rs.)	5000
Minimum Amount for SIP Investment (Rs.)	5000
Nav Date	24/04/2024
Nav	18.75
AUM (Cr.)	289.55
AUM Date	31/03/2024
Expense Ratio Currently	2
Expense Ratio Date Currently	31/03/2024
Modified Duration(Yrs)	-
Modified Duration Date(Yrs)	-
YTM	-
YTM Date	-
Entry Load	NIL
Exit Load	Nil upto 12% of units and 1% on remaining units or or before 90D, Nil after 90D
Tax Treatment of Income	15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment
Withdrawal	Anytime
Pros
Cons
Risk Factor	All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.