Baroda Banking and Financial Services Direct Growth is a Equity Mutual Fund Scheme launched by . This scheme was introduced to investors on 02 Jan 2013. Deepak Acharya is the Current Fund Manager of Baroda Banking and Financial Services Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹45 Cr and the Latest NAV as of 15 Nov 2019 is ₹26.72.
The Baroda Banking and Financial Services Direct Growth is rated High risk. Minimum SIP Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 365 days.