Equity
Direct
Sector - Financial Services
NAV as on 04-10-2024
₹ 48.77
1D
Inception Returns
12.7%
/yr
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has given a CAGR return of 12.70% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.00%, 15.70% and 14.91% respectively.
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Government, Tech. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, State Bank of India, Axis Bank Ltd, Bajaj Finance Ltd
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has no lock in period.
Expense ratio | 0.98% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹171 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0.75% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (04-Oct-24)
as on (31-Aug-24)
Top 3 Sectors in August were Financial Services, Government & Tech
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.95% | 2.95% |
6 Month Returns | 14.07% | 14.07% |
1 Year Returns | 32% | 32% |
3 Years Returns | 54.87% | 15.7% |
5 Years Returns | 100.37% | 14.91% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 9.72 | 4.78 | 1.11 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 0.89 | 0.97 | 0.95 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 1.81 | 0.68 | 0.5 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 13.38 | 15.44 | 24.31 |