Share Fund
The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Suitability
Capital appreciation over long termInvesting predominantly in portfolio of equity and equity related securities of companies engaged in banking and financial services
| Scheme Class | Equity |
| Scheme Category | Sector - Financial Services |
| Expense Ratio | 1.05% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 296 |
| AMC AUM (in Crs.) | ₹ 20,411 |
| Min Addition Subscription | ₹ 500 |
| Benchmark Type | S&P BSE BANKEX INR |
| Exit Load | Exit load of 1.0%, if redeemed between (0-90) days. No Exit load, if redeemed after 90 days. |
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
ICICI Prudential Banking and Financial Services - Direct Plan | 1000 | 1000 | 14.65% |
SBI Banking & Financial Services Fund - Direct Plan | 0 | 0 | 18.5% |
UTI Banking and Financial Services Fund - Direct Plan | 0 | 0 | 16.35% |
Nippon India Banking & Financial Services Fund - Direct Plan | 1000 | 1000 | 19.2% |
| Company | Holding Type | Asset(%) |
|---|---|---|
HDFC Bank Ltd | Equity | 22 |
ICICI Bank Ltd | Equity | 13 |
Axis Bank Ltd | Equity | 7 |
State Bank of India | Equity | 6 |
Treps | Cash - Repurchase Agreement | 4 |
Power Finance Corp Ltd | Equity | 4 |
CreditAccess Grameen Ltd Ordinary Shares | Equity | 3 |
L&T Finance Ltd | Equity | 3 |
Kotak Mahindra Bank Ltd | Equity | 3 |
Piramal Enterprises Ltd | Equity | 3 |
| Asset | Percent |
|---|---|
Equity | 97 |
Cash - Repurchase Agreement | 4 |
Cash | 0 |
| Sector | Percent |
|---|---|
Financial Services | 97 |
Cash - Repurchase Agreement | 4 |
Cash | 0 |
Equity | 0 |
Fund Manager
Jaiprakash Toshniwal
2+ years of experience
About
corp.office@licnomuramf.com
Phone
1800 258 5678
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,, Mumbai - 400 020
