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2 star

Baroda BNP Paribas Banking and Financial Services Fund download report


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.88 Lakh

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Baroda BNP Paribas Banking and Financial Services-G -6.46 1.45 3.19 -0.77 -4.86 -4.51 -5.71 2.58 5.71 7.12 --
S&P BSE Bankex TRI -3.75 1.30 2.48 -2.29 -4.27 -1.78 -1.14 4.35 8.16 9.62 --
Equity: Sectoral-Banking -6.60 1.52 2.89 -1.47 -5.78 -5.00 -4.56 2.34 4.73 7.06 --
Rank within category 17 25 7 6 9 15 17 14 10 11 --
Number of funds in category 31 33 33 33 33 31 28 18 17 15 9

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda BNP Paribas Banking and Financial Services Fund
2 star
Jun-12 -5.71 2.58 5.71 2.71% 54
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 -6.60 5.73 9.83 1.94% 3,237
Sundaram Financial Services Opportunities Fund - Regular Plan
4 star
Jun-08 -4.91 6.60 7.18 2.72% 513
Invesco India Financial Services Fund  | Invest Online
4 star
Jul-08 -8.47 4.31 6.54 2.51% 410
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 -2.88 2.91 7.36 0.19% 9,431

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 17.01 03-Sep-2013 - 10-Sep-2013 -25.14 16-Mar-2020 - 23-Mar-2020
Month 24.47 07-May-2014 - 06-Jun-2014 -42.51 20-Feb-2020 - 23-Mar-2020
Quarter 46.39 21-Feb-2014 - 23-May-2014 -42.62 23-Dec-2019 - 23-Mar-2020
Year 88.96 30-Jan-2014 - 30-Jan-2015 -37.66 27-May-2019 - 26-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Baroda BNP Paribas Banking and Financial Services-G 8.25 29.21 0.16 0.19 0.89 -1.86
S&P BSE Bankex TRI 10.95 32.61 0.23 0.28 -- --
Equity: Sectoral-Banking 8.84 32.57 0.18 0.20 0.96 -1.78
Rank within category 13 6 13 13 7 13
Number of funds in category 18 18 18 18 18 18

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 20
Top 10 Stocks (%) 82.26
Top 5 Stocks (%) 65.51
Top 3 Sectors (%) 94.82
Portfolio P/B Ratio 2.56
Portfolio P/E Ratio 19.67

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,16,210 2,55,966
Giant (%) 82.56 73.45
Large (%) 10.90 12.30
Mid (%) 6.06 11.83
Small (%) 0.47 4.70
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 19.80 28.67 13.52 21.53
equal ICICI Bank Financial 19.87 21.63 13.25 20.15
up Kotak Mahindra Bank Financial 27.76 11.79 1.81 8.39
equal State Bank of India Financial 11.64 11.57 3.35 7.78
up HDFC Financial 17.63 7.66 0.00 7.66
down Axis Bank Financial 13.86 13.56 3.84 5.69
equal Bajaj Finance Financial 48.52 5.44 0.00 4.49
equal SBI Cards & Payments Services Financial 44.68 4.21 0.00 2.59
up Sundaram Finance Financial 16.69 2.13 0.00 2.13
equal Bank of Baroda Financial 6.58 2.14 0.00 1.85
equal Indusind Bank Financial 13.30 9.25 0.00 1.72
up Cholamandalam Investment & Finance Company Financial 24.18 2.55 0.00 1.63
equal SBI Life Insurance Company Insurance 71.99 3.59 0.00 1.59
equal Bajaj Finserv Financial 40.49 2.44 0.00 1.43
down HDFC Financial 17.63 1.16
up City Union Bank Financial 13.35 3.43 0.00 1.16
new HDFC Asset Management Company Financial 26.92 1.05 0.00 1.05
equal Bandhan Bank Financial 363.08 0.99 0.00 0.96
down AU Small Finance Bank Financial 34.80 2.72 0.00 0.92
new M&M Financial Services Financial 19.30 2.24 0.00 0.49
down Can Fin Homes Financial 12.50 3.04 0.00 0.45

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Sandeep Jain since 14-Mar-2022

Education: Mr. jain is a C.A.

Experience: Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with Aditya Birla Sunlife Insurance and Sundaram Mutual Fund.

Funds Managed:


0.43%

Change from previous, NAV as on 27-Jun-2022

Growth: ₹ 26.1727

IDCW: ₹ 15.3364


Investment Strategy

The scheme aims to provide long term capital appreciation by investing in equity and equity related securities of companies engaged in banking & financial services sector which are expected to show sustained growth & generate better performance.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 1
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: Baroda BNP Paribas Mutual Fund
Launch Date: 22-Jun-2012
Return Since Launch: 10.04%
Benchmark: NIFTY Bank TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 54 Cr (As on 31-May-2022)
Expense: 2.71% (As on 31-May-2022)
Risk Grade: Average
Return Grade: Below Average
Turnover: 65.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW28-Mar-20221.0700

 23-Mar-20211.5000
 22-Mar-20191.6380
 16-Mar-20181.7500
 24-Mar-20171.5000
 09-Sep-20141.0000

Contact Information

AMC: Baroda BNP Paribas Asset Management (India) Private Ltd.

Address: BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai - 400051

Phone: 022-33704000

Fax: 022-33704294

Website: https://www.barodabnpparibasmf.in/

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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