Baroda Banking and Financial Services Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Baroda Banking and Financial Services Direct Growth
Equity
Sectoral / Thematic
Very High Risk
13.17%
3Y annualised
-0.38% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Jan 2022₹31.33
Min. SIP amount₹500
Rating2
Fund size₹50.23Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns18.1%13.2%11.8%11.0%
Category average56.1%9.1%12.0%NA
Rank with in category1499NA
Understand terms
Holdings (17)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity21.4%
HDFC Bank Ltd.
FinancialEquity20.6%
Axis Bank Ltd.
FinancialEquity10.5%
State Bank of India
FinancialEquity9.6%
Indusind Bank Ltd.
FinancialEquity8.8%
Kotak Mahindra Bank Ltd.
FinancialEquity7.5%
Housing Development Finance Corpn. Ltd.
FinancialWarrant2.4%
SBI Life Insurance Company Ltd.
FinancialEquity2.4%
AU Small Finance Bank Ltd.
FinancialEquity2.1%
Max Financial Services Ltd.
FinancialEquity1.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Sectoral / Thematic
Pros
3Y and 5Y annualised returns higher than category average
Lower expense ratio: 1.77%
Cons
Lower AUM: 50Cr.
Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 45.84%
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
1.77%
30 Nov 2021 - 31 Dec 2021
1.77%
31 Oct 2021 - 30 Nov 2021
1.77%
30 Sep 2021 - 31 Oct 2021
1.77%
31 Aug 2021 - 30 Sep 2021
1.77%
31 Jul 2021 - 31 Aug 2021
1.77%
30 Jun 2021 - 31 Jul 2021
1.77%
31 May 2021 - 30 Jun 2021
1.75%
30 Apr 2021 - 31 May 2021
1.75%
31 Mar 2021 - 30 Apr 2021
1.79%
28 Feb 2021 - 31 Mar 2021
1.75%
31 Jan 2021 - 28 Feb 2021
1.76%
31 Dec 2020 - 31 Jan 2021
1.80%
30 Nov 2020 - 31 Dec 2020
1.82%
31 Oct 2020 - 30 Nov 2020
1.82%
30 Sep 2020 - 31 Oct 2020
1.88%
31 Aug 2020 - 30 Sep 2020
1.85%
31 Jul 2020 - 31 Aug 2020
1.86%
30 Jun 2020 - 31 Jul 2020
1.89%
31 May 2020 - 30 Jun 2020
1.92%
30 Apr 2020 - 31 May 2020
1.92%
31 Mar 2020 - 30 Apr 2020
1.94%
29 Feb 2020 - 31 Mar 2020
1.94%
31 Jan 2020 - 29 Feb 2020
1.94%
31 Dec 2019 - 31 Jan 2020
1.95%
30 Nov 2019 - 31 Dec 2019
1.72%
31 Oct 2019 - 30 Nov 2019
1.72%
30 Sep 2019 - 31 Oct 2019
1.72%
31 Aug 2019 - 30 Sep 2019
1.82%
31 Jul 2019 - 31 Aug 2019
1.82%
30 Jun 2019 - 31 Jul 2019
1.82%
31 May 2019 - 30 Jun 2019
2.06%
30 Apr 2019 - 31 May 2019
2.06%
31 Mar 2019 - 30 Apr 2019
2.35%
28 Feb 2019 - 31 Mar 2019
2.35%
31 Jan 2019 - 28 Feb 2019
2.35%
31 Dec 2018 - 31 Jan 2019
2.35%
30 Nov 2018 - 31 Dec 2018
2.35%
31 Oct 2018 - 30 Nov 2018
2.11%
30 Sep 2018 - 31 Oct 2018
2.18%
31 Aug 2018 - 30 Sep 2018
2.13%
31 Jul 2018 - 31 Aug 2018
2.13%
30 Jun 2018 - 31 Jul 2018
2.13%
31 May 2018 - 30 Jun 2018
2.28%
30 Apr 2018 - 31 May 2018
2.31%
31 Mar 2018 - 30 Apr 2018
2.49%
28 Feb 2018 - 31 Mar 2018
2.49%
31 Jan 2018 - 28 Feb 2018
2.49%
31 Dec 2017 - 31 Jan 2018
2.49%
30 Nov 2017 - 31 Dec 2017
2.49%
31 Oct 2017 - 30 Nov 2017
2.38%
Expense ratio, exit load and taxExpense ratio: 1.77%Inclusive of GST
Exit loadExit load of 1% if redeemed within 365 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementSanjay Chawla
Jan 2021 - Present
View details
Education
Mr. Sanjay Chawla holds a Masters degree in Management Studies from BITS, Pilani.
Experience
Prior to joining Baroda Mutual Fund, he worked as Senior Fund Manager with BSL AMC. Before joining Birla, he worked as Head of Research with SBI Capital Markets and has worked in various capacities in equity research space in Motilal Oswal Securities, IDBI Capital Markets, SMIFS Securities, IIT Invest Trust & Lloyds Securities.
Also manages these schemes
Baroda Equity Linked Saving Scheme 96 IDCW
Baroda Hybrid Equity Fund Growth
Baroda Hybrid Equity Fund IDCW
Baroda Multi Cap Fund Growth
Baroda Multi Cap Fund IDCW
Baroda Conservative Hybrid Fund Growth
Baroda Conservative Hybrid Fund IDCW Monthly
Baroda Conservative Hybrid Fund IDCW Quarterly
Baroda Large Cap Fund Growth
Baroda Large Cap Fund IDCW
Baroda Midcap Fund Growth
Baroda Midcap Fund IDCW
Baroda Banking and Financial Services Fund IDCW
Baroda Banking and Financial Services Fund Growth
Baroda Midcap Direct Fund IDCW
Baroda Hybrid Equity Fund Direct Plan IDCW
Baroda Hybrid Equity Fund Direct Plan Growth
Baroda Banking and Financial Services Direct Growth
Baroda Banking and Financial Services Direct IDCW
Baroda Equity Linked Saving Scheme 96 Direct IDCW
Baroda Multi Cap Fund Direct IDCW
Baroda Multi Cap Fund Direct Growth
Baroda Large Cap Direct Fund IDCW
Baroda Large Cap Direct Fund Growth
Baroda Conservative Hybrid Fund Direct Growth
Baroda Conservative Hybrid Fund Direct IDCW Monthly
Baroda Conservative Hybrid Fund Direct IDCW Quarterly
Baroda Midcap Direct Fund Growth
Baroda Equity Linked Saving Scheme 96 Bonus
Baroda Equity Linked Saving Scheme 96 Direct Bonus
Baroda Hybrid Equity Fund Bonus
Baroda Banking and Financial Services Fund Bonus
Baroda Equity Linked Saving Scheme 96 Growth
Baroda Equity Linked Saving Scheme 96 Direct Growth
Baroda Dynamic Equity Fund Regular Growth
Baroda Dynamic Equity Fund Direct Growth
Baroda Dynamic Equity Fund Direct IDCW
Baroda Large & Mid Cap Fund Regular Growth
Baroda Large & Mid Cap Fund Regular IDCW
Baroda Large & Mid Cap Fund Direct Growth
Baroda Large & Mid Cap Fund Direct IDCW
Baroda Business Cycle Fund Regular Growth
Baroda Business Cycle Fund Direct Growth
Baroda Business Cycle Fund Regular IDCW
Baroda Business Cycle Fund Direct IDCW
Pratish Krishnan
Aug 2021 - Present
View details
Education
Mr. Krishnan has done MMS in Finance
Experience
Prior to joining Baroda Mutual Fund he has worked with Antique Stock Broking as Sr Analyst- IT, Telecom & Media, DSP Merrill Lynch as Vice President- Research, SBI Capital Markets as Sr. research Analyst, Cholamandalam DBS Finance LTD as Research Analyst.
Also manages these schemes
Baroda Gilt Fund Growth
Baroda Gilt Fund IDCW
Baroda Hybrid Equity Fund Growth
Baroda Hybrid Equity Fund IDCW
Baroda Conservative Hybrid Fund Growth
Baroda Conservative Hybrid Fund IDCW Monthly
Baroda Conservative Hybrid Fund IDCW Quarterly
Baroda Treasury Advantage Fund Regular IDCW Daily
Baroda Treasury Advantage Fund Regular IDCW Weekly
Baroda Treasury Advantage Fund Regular IDCW Monthly
Baroda Treasury Advantage Fund Growth
Baroda Treasury Advantage Fund Regular Growth
Baroda Treasury Advantage Fund IDCW Daily
Baroda Treasury Advantage Fund IDCW Weekly
Baroda Treasury Advantage Fund IDCW Quarterly
Baroda Treasury Advantage Fund IDCW Monthly
Baroda Large Cap Fund Growth
Baroda Large Cap Fund IDCW
Baroda Short Term Bond Fund Growth
Baroda Short Term Bond Fund IDCW Monthly
Baroda Midcap Fund Growth
Baroda Midcap Fund IDCW
Baroda Banking and Financial Services Fund IDCW
Baroda Banking and Financial Services Fund Growth
Baroda Dynamic Bond Fund IDCW
Baroda Dynamic Bond Fund Growth
Baroda Treasury Advantage Direct Fund IDCW Daily
Baroda Midcap Direct Fund IDCW
Baroda Hybrid Equity Fund Direct Plan IDCW
Baroda Hybrid Equity Fund Direct Plan Growth
Baroda Banking and Financial Services Direct Growth
Baroda Banking and Financial Services Direct IDCW
Baroda Dynamic Bond Direct IDCW
Baroda Dynamic Bond Direct Growth
Baroda Gilt Direct IDCW
Baroda Gilt Direct Growth
Baroda Large Cap Direct Fund IDCW
Baroda Large Cap Direct Fund Growth
Baroda Conservative Hybrid Fund Direct Growth
Baroda Conservative Hybrid Fund Direct IDCW Monthly
Baroda Conservative Hybrid Fund Direct IDCW Quarterly
Baroda Midcap Direct Fund Growth
Baroda Short Term Bond Direct Fund IDCW Monthly
Baroda Short Term Bond Direct Fund Growth
Baroda Treasury Advantage Direct Fund IDCW Weekly
Baroda Treasury Advantage Direct Fund Growth
Baroda Treasury Advantage Direct Fund IDCW Monthly
Baroda Treasury Advantage Direct Fund IDCW Quarterly
Baroda Hybrid Equity Fund Bonus
Baroda Banking and Financial Services Fund Bonus
Baroda Treasury Advantage Fund Bonus
Baroda Treasury Advantage Direct Fund Bonus
Baroda Credit Risk Fund Plan A Growth
Baroda Credit Risk Fund Plan B Direct Growth
Baroda Credit Risk Fund Plan A IDCW Monthly
Baroda Credit Risk Fund Plan A IDCW Quarterly
Baroda Credit Risk Fund Plan B Direct IDCW Monthly
Baroda Credit Risk Fund Plan B Direct IDCW Quarterly
Baroda Credit Risk Fund Plan B Direct Bonus
Baroda Short Term Bond Direct IDCW Quarterly
Baroda Short Term Bond Regular IDCW Quarterly
Baroda Ultra Short Duration Fund Regular Growth
Baroda Ultra Short Duration Fund Regular IDCW Daily
Baroda Ultra Short Duration Fund Direct Growth
Baroda Ultra Short Duration Fund Direct IDCW Daily
Baroda Dynamic Equity Fund Regular Growth
Baroda Dynamic Equity Fund Direct Growth
Baroda Dynamic Equity Fund Direct IDCW
Baroda Equity Savings Fund Regular Growth
Baroda Equity Savings Fund Regular IDCW
Baroda Equity Savings Fund Direct Growth
Baroda Equity Savings Fund Direct IDCW
Baroda Large & Mid Cap Fund Regular Growth
Baroda Large & Mid Cap Fund Regular IDCW
Baroda Large & Mid Cap Fund Direct Growth
Baroda Large & Mid Cap Fund Direct IDCW
Baroda Banking & PSU Bond Fund Regular Growth
Baroda Banking & PSU Bond Fund Regular IDCW Monthly
Baroda Banking & PSU Bond Fund Regular IDCW Quarterly
Baroda Banking & PSU Bond Fund Direct Growth
Baroda Banking & PSU Bond Fund Direct IDCW Monthly
Baroda Business Cycle Fund Regular Growth
Baroda Business Cycle Fund Direct Growth
Baroda Business Cycle Fund Regular IDCW
Baroda Business Cycle Fund Direct IDCW
Fund house & investment objective
Baroda Mutual Fund
Rank (total assets)#22 in India
Total AUM₹12,164.05Cr
Date of IncorporationNA
 Baroda Banking and Financial Services Direct Growth is a Equity Mutual Fund Scheme launched by Baroda Mutual Fund. This scheme was made availa
 Baroda Banking and Financial Services Direct Growth is a Equity Mutual Fund Scheme launched by Baroda Mutual Fund. This scheme was made available to investors on 29 Jan 2022. 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 ₹12,164 Cr and the Latest NAV as of 28 Jan 2022 is ₹31.33.
The Baroda Banking and Financial Services Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days.
...Read more
Investment Objective
The scheme aims to provide long term capital appreciation by investing in equity and equity related securities of companies engaged in banking & finan
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.
...Read more
Fund benchmarkNIFTY Bank TRI
Scheme Information Document(SID)
Fund house contact details
Address
501, Raheja Titanium,Western Express Highway,Goregoan, (E) Mumbai 400063
Phone
+91 22-3074 1000
Launch Date
NA
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow to Invest in Baroda Banking and Financial Services Direct Growth
You can easily invest in Baroda Banking and Financial Services Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Baroda Banking and Financial Services Direct Growth from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Baroda Banking and Financial Services Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Baroda Banking and Financial Services Direct Growth provide?
The Baroda Banking and Financial Services Direct Growth has been there from 02 Jan 2013 and the average annual returns provided by this
fund is 18.05% since its inception.
How much expense ratio is charged by Baroda Banking and Financial Services Direct Growth?
The term Expense Ratio used for Baroda Banking and Financial Services Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Baroda Banking and Financial Services Direct Growth is 1.77% as of 29 Jan 2022...
What is the AUM of Baroda Banking and Financial Services Direct Growth?
The AUM, short for Assets Under Management of Baroda Banking and Financial Services Direct Growth is ₹50.23Cr as of 29 Jan 2022.
How to Redeem Baroda Banking and Financial Services Direct Growth?
If you want to sell your Baroda Banking and Financial Services Direct Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Baroda Banking and Financial Services Direct Growth?
You can select either SIP  or Lumpsum  investment of Baroda Banking and Financial Services Direct Growth based on your investment objective and risk tolerance.
What is the NAV of Baroda Banking and Financial Services Direct Growth?
The NAV of Baroda Banking and Financial Services Direct Growth is ₹31.33 as of 28 Jan 2022.
What is the PE and PB ratio of Baroda Banking and Financial Services Direct Growth?
The PE ratio ratio of Baroda Banking and Financial Services Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	18.1%	13.2%	11.8%	11.0%
Category average	56.1%	9.1%	12.0%	NA
Rank with in category	14	9	9	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	21.4%
HDFC Bank Ltd.	Financial	Equity	20.6%
Axis Bank Ltd.	Financial	Equity	10.5%
State Bank of India	Financial	Equity	9.6%
Indusind Bank Ltd.	Financial	Equity	8.8%
Kotak Mahindra Bank Ltd.	Financial	Equity	7.5%
Housing Development Finance Corpn. Ltd.	Financial	Warrant	2.4%
SBI Life Insurance Company Ltd.	Financial	Equity	2.4%
AU Small Finance Bank Ltd.	Financial	Equity	2.1%
Max Financial Services Ltd.	Financial	Equity	1.9%

Rank (total assets)	#22 in India
Total AUM	₹12,164.05Cr

Date of Incorporation	NA

Fund benchmark	NIFTY Bank TRI

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Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹50.23Cr