AbstractHere in this study timing saving, easy and cost effective methods has been applied for fabricating the dielectric energy storage materials. Ceramic nanoparticles (FLZC’s) have been successfully synthesized by Sol-Gel method and its nanocomposites with non-conducting polymers (PVP, PVA, PEG, PEO) and multiwalled carbon nanotubes (MWCNT’s) by one-pot blending technique. Energy dispersive x-ray diffraction (EDX), x-ray diffraction (XRD), scanning electron microscopy (SEM), Fourier transforms infrared spectroscopy (FT-IR), thermogravimetric analysis (TGA/DTA), AC impedance analyzer and dielectric properties were determined for all the samples. Dielectric properties showed good agreement with that of energy storage substances for electronic device fabrication. High dielectric constant was achieved when 0.5 wt% MWCNT’s was added to FLZC’s/MWCNT’s/Polymer nanocomposites. The stability and performance of the nanocomposites were dependent on the type of polymer used. These preparation materials can be employed in functional materials, such as high charge-storage capacitors, electrostriction for artificial muscles and smart skins etc.