LIC MF Banking & Financial Services Fund (G)
Scheme Information
2019-11-14
| Asset Management Company (AMC) | LIC Mutual Fund Asset Management Limited |
| Asset Class Type | Equity |
| Inception Date | Mar 27, 2015 |
| Benchmark | Nifty Financial Services - TRI |
| 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. |
| Fund Manager | Yogesh Patil |
| AUM (In Crores) | 57.82 |
| Allocation |
Equity: 97.7507% Others: 2.2493% |
| Exit Load | Nil upto 12% on units and 1% on remaining units on or before 12 months |
| Minimum Investment Amount |
First Investment:
5000
|
| Expense Ratio | 2.6 |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
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