Fund Details
Baroda Equity Linked Saving Scheme 96 Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.81% |
| NAV | ₹41.05 (07 May 2021) |
|---|---|
| Fund Started | 03 Jan 2013 |
| Fund Size | ₹187 Cr |
Returns
Comparison
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.81%
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.5% |
| HDFC Bank Ltd. | Financial | Equity | 7.2% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 6.7% |
| ICICI Bank Ltd. | Financial | Equity | 6.4% |
| Dalmia Bharat Ltd. | Construction | Equity | 3.0% |
| Jindal Steel & Power Ltd. | Metals | Equity | 2.8% |
| Tech Mahindra Ltd. | Technology | Equity | 2.7% |
| Can Fin Homes Ltd. | Financial | Equity | 2.6% |
| Axis Bank Ltd. | Financial | Equity | 2.5% |
| SRF Ltd. | Diversified | Equity | 2.3% |
Fund Managers
Baroda Equity Linked Saving Scheme 96 Direct IDCW Details
Baroda Equity Linked Saving Scheme 96 Direct IDCW is a Equity Mutual Fund Scheme launched by . This scheme was made available to investors on 03 Jan 2013. Deepak Acharya, Sanjay Chawla is the Current Fund Manager of Baroda Equity Linked Saving Scheme 96 Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹187 Cr and the Latest NAV as of 07 May 2021 is ₹41.05.
The Baroda Equity Linked Saving Scheme 96 Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme seeks to achieve long-term capital growth as also tax benefits. The funds will be invested in equities. The scheme went open-ended from March 2000.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
