| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.98% |
| NAV | ₹10.71 (02 Jul 2020) |
|---|---|
| Fund Started | 24 Jul 2019 |
| Fund Size | ₹427 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.3% |
| Reliance Industries Ltd. | Energy | Equity | 6.0% |
| Bharti Airtel Ltd. | Communication | Equity | 5.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.8% |
| HDFC Bank Ltd. | Financial | Term Deposits | 3.7% |
| HDFC Bank Ltd. | Financial | Equity | 3.6% |
| Axis Bank Ltd. | Financial | Equity | 3.5% |
| Vedanta Ltd. | Metals | Equity | 3.5% |
| ICICI Bank Ltd. | Financial | Equity | 3.2% |
| Reliance Industries Ltd. | Energy | NCD | 3.1% |
Baroda Equity Savings Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by Baroda Mutual Fund. This scheme was made available to investors on 24 Jul 2019. Alok Sahoo is the Current Fund Manager of Baroda Equity Savings Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹427 Cr and the Latest NAV as of 02 Jul 2020 is ₹10.71.
The Baroda Equity Savings Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units more than 10% of the investments, an exit load of 1% if redeemed within one year.
The Scheme seeks to generate capital appreciation and income by using arbitrage opportunities, investment in equity / equity related instruments and debt/ money market instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.