|Min SIP Amount||₹500|
|NAV||₹27.87 (23 Jul 2021)|
|Fund Started||22 Jun 2012|
|Fund Size||₹54 Cr|
|HDFC Bank Ltd.||Financial||Equity||22.2%|
|ICICI Bank Ltd.||Financial||Equity||16.9%|
|Axis Bank Ltd.||Financial||Equity||12.2%|
|State Bank of India||Financial||Equity||8.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||7.9%|
|Indusind Bank Ltd.||Financial||Equity||3.8%|
|SBI Cards & Payments Services Ltd.||Financial||Equity||3.1%|
|Indian Energy Exchange Ltd.||Services||Equity||2.4%|
|The Federal Bank Ltd.||Financial||Equity||2.4%|
|DCB Bank Ltd.||Financial||Equity||2.4%|
Baroda Banking and Financial Services Fund Growth is a Equity Mutual Fund Scheme launched by . This scheme was made available to investors on 22 Jun 2012. Deepak Acharya is the Current Fund Manager of Baroda Banking and Financial Services Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹54 Cr and the Latest NAV as of 23 Jul 2021 is ₹27.87.
The Baroda Banking and Financial Services Fund 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.
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.
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.