The Current NAV of LIC MF Banking & Financial Services Fund - Regular Plan - Growth is ₹20.22.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark Nifty Financial Services , as Funds portfolio is somewhat different.

LIC MF Banking & Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 2.41%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of LIC MF Banking & Financial Services Fund - Regular Plan - Growth is currently ₹256 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 34% of its portfolio. Top 5 and 10 stocks of fund account for 45% and 61% of fund’s portfolio respectively.

Top three sectors of LIC MF Banking & Financial Services Fund - Regular Plan - Growth fund are BFSI, Miscellaneous and IT accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of LIC MF Banking & Financial Services Fund - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.

Sudhanshu Asthana manages the LIC MF Banking & Financial Services Fund - Regular Plan - Growth Fund.

LIC MF Banking & Financial Services Fund - Regular Plan - Growth current PE ratio is 30.12 and PB ratio is 4.00

The asset allocation of LIC MF Banking & Financial Services Fund - Regular Plan - Growth is Stocks : 94.01%, Debt : 5.99% and Gold : 0%

The minimum SIP amount for LIC MF Banking & Financial Services Fund - Regular Plan - Growth is ₹200.00 and minimum lumpsum is ₹5000.00

The exit load for LIC MF Banking & Financial Services Fund - Regular Plan - Growth is Nil upto 12% of units and 1% on remaining units on or before 90 days, Nil after 90 days