Baroda Banking and Financial Services Direct Growth+1.89%

-12.61%
1 Year Return
Equity
Sectoral/Thematic
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Baroda Banking and Financial Services Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio1.89%
NAV22.13 (27 Oct 2020)
Fund Started02 Jan 2013
Fund Size40 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Baroda Banking and Financial Services Direct Growth
-12.6%
1.1%
7.2%
7.9%
Category Average
-17.0%
-4.6%
3.7%
-
Rank within category
7
6
7
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -12.6% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio - 1.85%

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity24.1%
    ICICI Bank Ltd.FinancialEquity16.1%
    Axis Bank Ltd.FinancialEquity9.5%
    Indusind Bank Ltd.FinancialEquity5.2%
    Kotak Mahindra Bank Ltd.FinancialEquity4.7%
    State Bank of IndiaFinancialEquity4.4%
    SBI Cards & Payments Services Ltd.FinancialEquity4.2%
    SBI Life Insurance Company Ltd.FinancialEquity3.0%
    City Union Bank Ltd.FinancialEquity3.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.8%
    See All

    Baroda Banking and Financial Services Direct Growth Details

    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 ₹40 Cr and the Latest NAV as of 27 Oct 2020 is ₹22.13.

    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.

    Investment Objective

    The scheme aims to provide long term capital appreciation by investing in equity and equity related securities of companies engaged in banking & financial services sector which are expected to show sustained growth & generate better performance.

    Tax Implications

    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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 365 days.
    Exit Load

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    About

    Address
    NA
    Phone
    NA
    Launch Date
    NA
    E-mail
    NA
    Website
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    Baroda Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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