LIC MF Banking and Financial Services Fund-Direct Plan-Growth

Expense Ratio

0.97

Exit Load

12% of the unit alloted shall be redeemed without any exit load, on or before co...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.