|Min SIP Amount||Not Supported|
|NAV||₹22.50 (11 Jan 2019)|
|Fund Started||29 Jan 2016|
|Fund Size||₹17 Cr|
|Indusind Bank Ltd.||Financial||Bonds||11.2%|
|Edelweiss Commodities Services Ltd.||Financial||Bonds||11.1%|
|Dewan Housing Finance Corpn. Ltd.||Financial||Debenture||10.2%|
|Indian Railway Finance Corpn. Ltd.||Financial||Bonds||9.8%|
Baroda Income Direct Dividend is a Debt Mutual Fund Scheme launched by . This scheme was made available to investors on 29 Jan 2016. Hetal Shah is the Current Fund Manager of Baroda Income Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹17 Cr and the Latest NAV as of 11 Jan 2019 is ₹22.50.
The Baroda Income Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 500. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
The scheme aims to generate regular income by investing in a portfolio of good quality fixed income securities while maintaining a balance between risk and return. The funds will be mainly invested in debt instruments, Money Market Instruments and Securitised debt.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.