| Launch date | 25 Sep 2024 |
| Allotment date | 15 Oct 2024 |
| End date | 09 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.40%
Inclusive of GST
Exit load
Exit load of 0.2%, 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 SaxenaSep 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 Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹39,957 Cr and the Latest NAV as of 20 Dec 2024 is ₹8.83. The Baroda BNP Paribas Nifty200 Momentum 30 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 0.2%, 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 Nifty200 Momentum 30 Total Returns Index before expenses, subject to tracking errors, fees, and expenses. ;
| Fund benchmark | Nifty 200 Momentum 30 Total Return Index |
|---|
Peer Comparison
| Equity, Large Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Large Cap Fund Direct Growth | 5 | 23.1% | 23.0% | 34,432.09 |
ICICI Prudential Bluechip Fund Direct Growth | 5 | 21.1% | 19.1% | 66,206.57 |
JM Large Cap Fund Direct Plan Growth | 5 | 21.4% | 18.6% | 429.06 |
Bandhan Large Cap Fund Direct Growth | 4 | 22.1% | 16.7% | 1,744.59 |
Canara Robeco Bluechip Equity Fund Direct Growth | 4 | 22.2% | 16.3% | 15,311.79 |