Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl

Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl

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Equity
Direct
Sector - Financial Services
NAV: ₹ 22.59 as on 13-06-2024

About the Fund

Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl 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.

Key Parameters

  1. Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl has ₹135 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl has given a CAGR return of 11.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.34%, 13.97% and 11.71% respectively.

Holdings

Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl has allocated its funds majorly in Financial Services, Cash Equivalent, Government. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, State Bank of India, IndusInd Bank Ltd

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl

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 and lockin period

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 Reinvst of Inc Dis cumCapWdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 5.2K in Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl in the last three months

Overview

Expense ratio
Expense ratio
1.26%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹135 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0.01%

Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl Distribution as on (30-Apr-24)

  • Equity 98.9%

  • Debt & Cash 1.1%

Size breakup

Large cap
69.8%
Small cap
15.1%
Mid cap
11%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
100%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
5.75%
-7.67%
-1.08%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 5.75% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 3.29% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 135.3 Cr
₹ 125.3 Cr
₹ 121.3 Cr
  • AUM of the fund stands at 135.3 Cr as of Apr'24
  • AUM increased by 10 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl as on (31-May-24)

  • Equity

Equity Holdings27

Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.91% since inception which is less than its category average return of 16.96%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.91% in Equity, 0.5% in Debt and 0.59% in Cash related instruments
AUM size ₹135 Cr

AUM size ₹135 Cr

This fund has AUM of ₹135 Cr which is less than its category average of ₹ 1520 Cr
Expense Ratio 1.26%

Expense Ratio 1.26%

This fund has an expense ratio of 1.26% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions

The current NAV of Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is ₹22.59 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.47%
4.47%
6 Month Returns
6.28%
6.28%
1 Year Returns
26.34%
26.34%
3 Years Returns
48.03%
13.97%
5 Years Returns
73.95%
11.71%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.26% as on May 2024
₹135 Cr as on May 2024
ICICI Bank Ltd(19.1%), HDFC Bank Ltd(16.57%), Axis Bank Ltd(9.47%), State Bank of India(8.17%), IndusInd Bank Ltd(3.37%) as on May 2024
The alpha ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl
10.45
2.89
0.54
As on May 2024
The alpha for Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl
0.94
0.93
0.96
As on May 2024
The Beta for Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl
1.23
0.52
0.35
As on May 2024
The sharpe ratio for Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl
13.03
15.3
24.56
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.89 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.48 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is 1%