Baroda BNP Paribas Banking and Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹171 Cr
Expense Ratio
1.26%
ISIN
INF955L01971
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹47.06, Assets Under Management (AUM) of 170.57 Crores, and an expense ratio of 1.26%.
- Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has given a CAGR return of 12.35% since inception.
- The fund's asset allocation comprises around 97.02% in equities, 0.00% in debts, and 2.98% in cash & cash equivalents.
- You can start investing in Baroda BNP Paribas Banking and Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+24.67%
+19.63% (Cat Avg.)
3 Years
+14.34%
+15.74% (Cat Avg.)
5 Years
+14.78%
+15.92% (Cat Avg.)
10 Years
+12.48%
+12.44% (Cat Avg.)
Since Inception
+12.35%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹165.48 Cr | 97.02% |
| Others | ₹5.09 Cr | 2.98% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹31.96 Cr | 18.74% |
| HDFC Bank Ltd | Equity | ₹29.95 Cr | 17.56% |
| State Bank of India | Equity | ₹13.17 Cr | 7.72% |
| Axis Bank Ltd | Equity | ₹11.75 Cr | 6.89% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹7.53 Cr | 4.41% |
| Bajaj Finance Ltd | Equity | ₹6.46 Cr | 3.79% |
| Kotak Mahindra Bank Ltd | Equity | ₹4.97 Cr | 2.91% |
| Shriram Finance Ltd | Equity | ₹4.81 Cr | 2.82% |
| HDFC Life Insurance Co Ltd | Equity | ₹3.69 Cr | 2.17% |
| India Shelter Finance Corporation Ltd | Equity | ₹3.68 Cr | 2.16% |
| Net Receivables / (Payables) | Cash | ₹-3.63 Cr | 2.13% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹3.53 Cr | 2.07% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹3.48 Cr | 2.04% |
| Bank of Baroda | Equity | ₹3.38 Cr | 1.98% |
| Max Financial Services Ltd | Equity | ₹3.22 Cr | 1.89% |
| Multi Commodity Exchange of India Ltd | Equity | ₹3.11 Cr | 1.82% |
| Hdfc Bank Limited September 2024 Future | Equity - Future | ₹3.07 Cr | 1.80% |
| Power Finance Corp Ltd | Equity | ₹3.02 Cr | 1.77% |
| RBL Bank Ltd | Equity | ₹2.73 Cr | 1.60% |
| Poonawalla Fincorp Ltd | Equity | ₹2.71 Cr | 1.59% |
| KFin Technologies Ltd | Equity | ₹2.65 Cr | 1.55% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹2.58 Cr | 1.51% |
| PB Fintech Ltd | Equity | ₹2.57 Cr | 1.51% |
| Indian Bank | Equity | ₹2.27 Cr | 1.33% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.18 Cr | 1.28% |
| REC Ltd | Equity | ₹2.14 Cr | 1.25% |
| Muthoot Finance Ltd | Equity | ₹1.87 Cr | 1.09% |
| IndusInd Bank Ltd | Equity | ₹1.85 Cr | 1.09% |
| Angel One Ltd Ordinary Shares | Equity | ₹1.81 Cr | 1.06% |
| CRISIL Ltd | Equity | ₹1.78 Cr | 1.05% |
| HDFC Asset Management Co Ltd | Equity | ₹1.77 Cr | 1.04% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹1.7 Cr | 1.00% |
| Jio Financial Services Ltd | Equity | ₹1.61 Cr | 0.94% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.7 Cr | 0.41% |
| 364 DTB 14112024 | Bond - Gov't/Treasury | ₹0.49 Cr | 0.29% |
Allocation By Market Cap (Equity)
Large Cap Stocks
72.98%
Mid Cap Stocks
9.49%
Small Cap Stocks
12.74%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹158.05 Cr | 92.66% |
| Technology | ₹4.35 Cr | 2.55% |
Risk & Performance Ratios
Standard Deviation
This fund
15.20%
Cat. avg.
16.47%
Lower the better
Sharpe Ratio
This fund
0.62
Cat. avg.
0.60
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.07
Higher the better
Fund Managers
Sandeep Jain
Since March 2022
Miten Vora
Since December 2022
Additional Scheme Detailsas of 31st August 2024
ISIN | INF955L01971 | Expense Ratio | 1.26% | Exit Load | 1.00% | Fund Size | ₹171 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Financial Services TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹9.75 Cr | 8.9% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2501.61 Cr | 34.7% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1453.08 Cr | 34.8% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2463.98 Cr | 12.7% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹263.94 Cr | 12.7% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8175.89 Cr | 21.0% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1150.06 Cr | 21.1% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6138.44 Cr | 22.9% |
About the AMC
Total AUM
₹41,385 Cr
Address
Crescenzo, 7th Floor, G-Block, Mumbai, 400 051
Other Funds by Baroda BNP Paribas Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Sandeep Jain
- Miten Vora
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