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Baroda BNP Paribas Banking and Financial Services Fund

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  • Baroda BNP Paribas
    Banking and Financial Services Fund - Product Note

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Funds Performance

Performance of Baroda BNP Paribas Banking and Financial Services Fund

  1 Year
CAGR
3 Years
CAGR
5 Years
CAGR
Since Inception
This Scheme 30.38% 13.04% 11.50% 11.77%
Nifty Financial Service TRI**# 17.36% 11.00% 11.53% 14.19%
Nifty 50 TRI*** 29.99% 16.30% 15.24% 13.83%
Value of ` 10,000 Invested in 1 Year 3 Years 5 Years Since Inception
This Scheme `13,047.65 `14,449.23 `17,250.43 `34,972.89
Nifty Financial Service TRI**# `11,741.29 `13,678.97 `17,275.57 `44,527.65
Nifty 50 TRI*** `13,008.45 `15,736.10 `20,356.13 `42,959.09

Above returns are as on March 31, 2024

Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Returns do not take into account the load, if any. Returns are for growth option. Different plans shall have a different expense structure.The performance details provided above are for regular/distributor plan.

Please refer below for fund manager details and performance of other funds managed by the Fund Manager(s)

**Benchmark & ***Additional Benchmark

#Total Return Index
The total return index is a type of equity index that tracks both the capital gains of a group of stocks over time, and assumes that any cash distributions, such as dividends, are reinvested back into the index. Looking at an index's total return displays a more accurate representation of the index's performance. By assuming dividends are reinvested, you effectively account for stocks in an index that do not issue dividends and instead, reinvest their earnings within the underlying company.
For example, an investment may show an annual yield of 4% along with an increase in share price of 6%. While the yield is only a partial reflection of the growth experienced, the total return includes both yields and the increased value of the shares to show a growth of 10%. Difference between total return index & price index: A total return index (TRI) is different from a price index. A price index only considers price movements (capital gains or losses) of the securities that make up the index, while a total return index includes dividends, interest, rights offerings and other distributions realized over a given period of time.

NAVs for Baroda BNP Paribas Banking and Financial Services Fund

Scheme Plan NAV per unit (`)
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth 39.9034
Baroda BNP Paribas Banking and Financial Services Fund - Regular - IDCW 19.6367
Baroda BNP Paribas Banking and Financial Services Fund - Direct - IDCW 22.0673
Baroda BNP Paribas Banking and Financial Services Fund - Direct - Growth 43.8908

#Income Distribution cum Capital Withdrawal option

*Amounts can be distributed out of investors capital (equalization reserve), which is part of sale price that represents realized gains. However, investors are requested to note that amount (dividend) distribution under IDCW option is not guaranteed and subject to availability of distributable surplus.

^Pursuant to SEBI circular SEBI/HO/IMD/DF3/CIR/P/2020/194 dated October 05, 2020, 'Dividend option' under schemes of Baroda BNP Paribas Mutual Fund have been renamed to 'Income Distribution cum Capital Withdrawal option (IDCW)' effective April 01, 2021.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Returns do not take into account the load, if any. Returns are for growth option. Different plans shall have a different expense structure.

Fund Details

  • Investment Objective

    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.

  • Load Structure

    Entry Load : Not Applicable Exit Load: 1% if redeemed on or before 12 months from the date of allotment of units. • NIL if redeemed after 12 months from the date of allotment of units. For detailed load structure please refer Scheme Information Document of the scheme. No exit load will be charged for Income Distribution cum capital withdrawal option reinvestment units . Transaction charges, if applicable, shall be deducted. The above mentioned load structure is also applicable to SIP investments.

  • Systematic Investment Plan (SIP)

    Rs 1000/month - 6 Installments RS 1500/quarter - 4 Installments SIP Frequency - Daily/Weekly/Monthly/Quarterly

  • Systematic Transfer Plan (STP)

    Rs 1000/month - 6 Installments RS 1500/quarter - 4 Installments SIP Frequency - Daily/Weekly/Fortnightly/Monthly/Quarterly

  • Systematic Withdrawal Plan (SWP)

    Rs 1000/month - 6 Installments RS 1500/quarter - 4 Installments SIP Frequency - Weekly/Monthly/Quarterly

  • Redemption

    As per the SEBI (MF) Regulations, the Mutual Fund shall dispatch redemption proceeds within 10 Business Days of receiving the valid redemption / repurchase request at any of the Official Points of Acceptance of Transactions (OPAT). A penal interest of 15%

  • Minimum Investment Amount

    Lumpsum Details:
    Minimum Application Amount: Rs5,000 and in multiples of Rs1 thereafter. Minimum Additional Application Amount: Rs1,000 and in multiple of Rs1 thereafter

Fund Manager




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The information and data contained in this Website do not constitute distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of Baroda BNP Paribas Mutual Fund to any person in the United States of America/Canada.

Sandeep Jain

Senior Analyst & Fund Manager

Sandeep Jain

Sandeep has an overall work experience of 14 years. His last job stint was with Aditya Birla Sunlife Insurance where he worked as Senior Research Analyst & Fund Manager focusing on in-depth fundamental analysis of companies across the BFSI & Consumer Durable Sector. Sandeep had earlier worked with Sundaram Mutual Fund.

Mr. Jain has completed his CA from the Institute of Chartered Accountants of India.

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Scheme Riskometer**


**basis portfolio of the Scheme as on April 30, 2024

Riskometer


*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Benchmark Riskometer**


**Basis constituents of the scheme as on April 30, 2024

Benchmark

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Benchmark

*The PRC matrix denotes the maximum risk that the respective Scheme can take i.e. maximum interest rate risk (measured by MD of the Scheme) and maximum credit risk (measured by CRV of the Scheme)

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