Baroda BNP Paribas Banking and Financial Services Fund Direct Growth

Fund Overview

Fund Size

₹147 Cr

Expense Ratio

1.26%

ISIN

INF955L01971

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by Baroda BNP Paribas Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹45.61, Assets Under Management (AUM) of 146.77 Crores, and an expense ratio of 1.26%.

Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has given a CAGR return of 12.19% since inception.
The fund's asset allocation comprises around 98.50% in equities, 0.00% in debts, and 1.50% 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

+21.47%

+17.99% (Cat Avg.)

3 Years

+15.27%

+16.83% (Cat Avg.)

5 Years

+13.29%

+14.67% (Cat Avg.)

10 Years

+12.76%

+12.54% (Cat Avg.)

Since Inception

+12.19%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹144.56 Cr	98.50%
Others	₹2.21 Cr	1.50%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹30.95 Cr	21.09%
HDFC Bank Ltd	Equity	₹26.6 Cr	18.12%
Axis Bank Ltd	Equity	₹14.11 Cr	9.61%
State Bank of India	Equity	₹11.42 Cr	7.78%
Treps 01-Jul-2024	Cash - Repurchase Agreement	₹4.76 Cr	3.24%
MAS Financial Services Ltd Ordinary Shares	Equity	₹4.11 Cr	2.80%
Bank of Baroda	Equity	₹3.72 Cr	2.53%
Hdfc Bank Ltd.	Equity - Future	₹3.17 Cr	2.16%
Cash Offset For Derivatives	Cash - General Offset	₹-3.17 Cr	2.16%
RBL Bank Ltd	Equity	₹3.16 Cr	2.15%
Indian Bank	Equity	₹3 Cr	2.04%
360 One Wam Ltd Ordinary Shares	Equity	₹2.94 Cr	2.00%
Poonawalla Fincorp Ltd	Equity	₹2.86 Cr	1.95%
Jammu & Kashmir Bank Ltd	Equity	₹2.86 Cr	1.95%
City Union Bank Ltd	Equity	₹2.84 Cr	1.94%
Can Fin Homes Ltd	Equity	₹2.75 Cr	1.87%
PNB Housing Finance Ltd	Equity	₹2.67 Cr	1.82%
Power Finance Corp Ltd	Equity	₹2.67 Cr	1.82%
Kotak Mahindra Bank Ltd	Equity	₹2.6 Cr	1.77%
BSE Ltd	Equity	₹2.58 Cr	1.76%
Max Financial Services Ltd	Equity	₹2.53 Cr	1.72%
REC Ltd	Equity	₹2.21 Cr	1.50%
Cholamandalam Investment and Finance Co Ltd	Equity	₹2.14 Cr	1.45%
Bajaj Finance Ltd	Equity	₹2.12 Cr	1.44%
Angel One Ltd Ordinary Shares	Equity	₹2.02 Cr	1.38%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹1.81 Cr	1.23%
Shriram Finance Ltd	Equity	₹1.75 Cr	1.19%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹1.72 Cr	1.17%
PB Fintech Ltd	Equity	₹1.68 Cr	1.14%
Jio Financial Services Ltd	Equity	₹1.61 Cr	1.10%
India (Republic of)	Bond - Short-term Government Bills	₹0.69 Cr	0.47%
Net Receivable / Payable	Cash - Collateral	₹-0.07 Cr	0.05%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹139.58 Cr	95.11%
Technology	₹1.81 Cr	1.23%

Risk & Performance Ratios

Fund Managers

Sandeep Jain

Since March 2022

Miten Vora

Since December 2022

Additional Scheme Detailsas of 30th June 2024

ISIN

INF955L01971

Expense Ratio

1.26%

Exit Load

1.00%

Fund Size

₹147 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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%	-	₹9.45 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%	-	₹2759.48 Cr	59.2%
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹1477.69 Cr	59.3%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2535.06 Cr	11.8%
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%	-	₹274.29 Cr	11.7%
ICICI Prudential Banking and Financial Services Regular Growth Very High Risk	1.9%	1.0%	₹7671.24 Cr	18.8%
UTI Banking and Financial Services Fund Regular Growth Very High Risk	2.2%	1.0%	₹1140.83 Cr	19.3%
Nippon India Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹5932.60 Cr	22.7%

About the AMC

Baroda BNP Paribas Mutual Fund

+91 22 69209600

https://www.barodabnpparibasmf.in/

Total AUM

₹38,281 Cr

Address

Crescenzo, 7th Floor, G-Block, Mumbai, 400 051

Other Funds by Baroda BNP Paribas Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹61.31 Cr	-
Baroda BNP Paribas Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1464.69 Cr	-
Baroda BNP Paribas Aqua Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹51.49 Cr	12.9%
Baroda BNP Paribas Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹975.51 Cr	6.8%
Baroda BNP Paribas Business Cycle Fund Direct Growth Very High Risk	1.2%	1.0%	₹568.66 Cr	44.9%
Baroda BNP Paribas Multi Asset Fund Direct Growth Very High Risk	0.9%	1.0%	₹1197.30 Cr	32.0%
Baroda BNP Paribas Floater Fund Direct Growth Low Risk	0.2%	0.0%	₹20.17 Cr	8.4%
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹27.77 Cr	7.6%
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth Very High Risk	1.3%	1.0%	₹146.77 Cr	21.5%
Baroda BNP Paribas Gilt Fund Direct Growth Moderate Risk	0.1%	0.0%	₹1683.20 Cr	7.8%
Baroda BNP Paribas Multi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹2609.74 Cr	45.0%
Baroda BNP Paribas Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹10710.37 Cr	7.4%
Baroda BNP Paribas Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹150.37 Cr	7.5%
Baroda BNP Paribas Large Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2120.44 Cr	42.2%
Baroda BNP Paribas Dynamic Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹150.29 Cr	8.4%
Baroda BNP Paribas Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2103.01 Cr	51.7%
Baroda BNP Paribas Conservative Hybrid Fund Direct Growth Moderately High risk	0.5%	1.0%	₹663.22 Cr	14.0%
Baroda BNP Paribas Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹239.49 Cr	7.6%
Baroda BNP Paribas ELSS Fund Direct Growth Very High Risk	1.0%	0.0%	₹928.94 Cr	41.9%
Baroda BNP Paribas Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹217.37 Cr	7.7%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹3967.36 Cr	25.3%
Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹38.57 Cr	7.3%
Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth Very High Risk	0.5%	1.0%	₹1100.09 Cr	33.8%
Baroda BNP Paribas Focused Fund Direct Growth Very High Risk	0.5%	1.0%	₹682.06 Cr	39.9%
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹36.66 Cr	7.4%
Baroda BNP Paribas India Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1375.89 Cr	39.8%
Baroda BNP Paribas Value Fund Direct Growth Very High Risk	0.5%	1.0%	₹1728.81 Cr	43.4%
Baroda BNP Paribas Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹141.92 Cr	8.4%
Baroda BNP Paribas Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹1179.95 Cr	8.6%
Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1297.51 Cr	45.3%
Baroda BNP Paribas Medium Duration Fund Direct Growth Moderate Risk	0.7%	1.0%	₹28.20 Cr	7.2%
Baroda BNP Paribas Equity Savings Fund Direct Growth Moderately High risk	1.5%	1.0%	₹481.60 Cr	16.6%
Baroda BNP Paribas NIFTY SDL December 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹118.49 Cr	7.5%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1535.17 Cr	7.5%
Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1342.80 Cr	40.3%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Baroda BNP Paribas Banking and Financial Services Fund Direct Growth?

The NAV of Baroda BNP Paribas Banking and Financial Services Fund Direct Growth, as of 25-Jul-2024, is ₹45.61.

What are the returns of Baroda BNP Paribas Banking and Financial Services Fund Direct Growth?

The fund has generated 21.47% over the last 1 year and 15.27% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Baroda BNP Paribas Banking and Financial Services Fund Direct Growth?

The fund's allocation of assets is distributed as 98.50% in equities, 0.00% in bonds, and 1.50% in cash and cash equivalents.

Who manages the Baroda BNP Paribas Banking and Financial Services Fund Direct Growth?

The fund managers responsible for Baroda BNP Paribas Banking and Financial Services Fund Direct Growth are:-

Sandeep Jain
Miten Vora

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

©2021-2022 Dezerv. All Rights Reserved

Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.