| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.89% |
| NAV | ₹19.73 (05 Aug 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹37 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 28.7% |
| ICICI Bank Ltd. | Financial | Equity | 18.7% |
| Axis Bank Ltd. | Financial | Equity | 7.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.7% |
| SBI Cards & Payments Services Ltd. | Financial | Equity | 3.4% |
| State Bank of India | Financial | Equity | 3.4% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 3.3% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 2.7% |
| City Union Bank Ltd. | Financial | Equity | 2.6% |
Baroda Banking and Financial Services Direct Growth is a Equity Mutual Fund Scheme launched by . This scheme was made available to investors on 02 Jan 2013. Deepak Acharya is the Current Fund Manager of Baroda Banking and Financial Services Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹37 Cr and the Latest NAV as of 05 Aug 2020 is ₹19.73.
The Baroda Banking and Financial Services Direct Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days.
The investment objective is to generate long term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.
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.