| Launch date | 14 Oct 2024 |
| Allotment date | 04 Nov 2024 |
| End date | 28 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.39%
Inclusive of GST
Exit load
Exit load of 0.20%, if redeemed within 7 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Neeraj SaxenaOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #25 in India |
|---|---|
| Total AUM | ₹39,957.24Cr |
| Date of Incorporation | 15 Apr 2004 |
|---|
Baroda BNP Paribas Nifty Midcap 150 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Baroda BNP Paribas Mutual Fund. This scheme was made available to investors on 15 Apr 2004. Neeraj Saxena is the Current Fund Manager of Baroda BNP Paribas Nifty Midcap 150 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹39,957 Cr and the Latest NAV as of 13 Dec 2024 is ₹10.47. The Baroda BNP Paribas Nifty Midcap 150 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.20%, if redeemed within 7 days. ;
Investment Objective
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Total Returns Index before expenses, subject to tracking errors, fees, and expenses ;
| Fund benchmark | NIFTY Midcap 150 Total Return Index |
|---|
Peer Comparison
| Equity, Mid Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal Midcap Fund Direct Growth | 5 | 64.4% | 36.9% | 18,604.02 |
HDFC Mid Cap Opportunities Direct Plan Growth | 4 | 34.2% | 28.8% | 77,682.90 |
Nippon India Growth Fund Direct Growth | 4 | 35.4% | 27.4% | 35,208.97 |
Kotak Emerging Equity Fund Direct Growth | 4 | 41.5% | 24.6% | 52,626.72 |
Quant Mid Cap Fund Direct Growth | 5 | 27.3% | 24.5% | 9,500.70 |