When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE 500 TRI||2.22||0.61||-0.30||2.28||6.97||10.84||12.61||12.83||8.47||12.69||--|
|Rank within category||3||7||4||7||8||9||4||10||16||11||--|
|Number of funds in category||38||38||38||38||37||36||35||34||30||28||1|
As on 24-Jan-2020
|Best (Period)||Worst (Period)|
|Week||8.58 (19-Sep-2019 - 26-Sep-2019)||-8.41 (19-Aug-2015 - 26-Aug-2015)|
|Month||19.94 (07-May-2014 - 06-Jun-2014)||-11.72 (21-Oct-2016 - 21-Nov-2016)|
|Quarter||26.17 (11-Mar-2014 - 10-Jun-2014)||-14.58 (26-Sep-2016 - 26-Dec-2016)|
|Year||74.58 (29-Jan-2014 - 29-Jan-2015)||-13.73 (27-Feb-2015 - 29-Feb-2016)|
|S&P BSE 500 TRI||13.80||13.09||0.62||0.92||--||--|
|Rank within category||10||8||9||5||9||8|
|Number of funds in category||34||34||34||34||34||34|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|Number of Stocks||42|
|Top 10 Stocks (%)||44.94|
|Top 5 Stocks (%)||31.21|
|Top 3 Sectors (%)||59.21|
|Portfolio P/B Ratio||3.88|
|Portfolio P/E Ratio||28.89|
|Average Mkt Cap (Rs Cr)||1,11,313||98,037|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Kotak Mahindra Bank||Financial||36.01||6.36||0.98||2.66|
|Tata Consultancy Services||Technology||25.29||5.25||0.00||2.51|
|SBI Life Insurance Company||Financial||74.10||2.28||0.00||2.23|
|AU Small Finance Bank||Financial||48.59||2.20||0.00||2.15|
|State Bank of India||Financial||28.59||2.34||0.00||2.11|
|Maruti Suzuki India||Automobile||35.42||5.13||0.85||2.02|
|HDFC Life Insurance||Financial||90.73||2.62||0.00||1.70|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
Education: Mr. Dey holds a B.E. (Mechanical and Masters degree in Management Studies from Sydenham Institute of Management & Entrepreneurship Education, Mumbai University.
Experience: Prior to joining BNP Paribas Mutual Fund he has worked with Kotak Mutual Fund, Frost & Sullivan India as an automotive industry analyst, India Infoline as an equity research analyst.
Education: Mr. Lakshmanan is Commerce Graduate, PGDBM (from SPJIMR, Mumbai), CA and has cleared CFA Level 3 (US CFAI).
Experience: Prior to joining BNP Paribas AMC (Jul 14, 2008), he was associated with ICICI Prudential AMC as Senior Research Analyst (Mar 9, 2007-Jul 10, 2008), Goldman Sachs Services Pvt. Ltd. as Business Analyst (Apr 3, 2006-Mar 6, 2007) and with ICICI Bank as Management Trainee.
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The scheme aims to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||1|
|Fund House:||BNP Paribas Mutual Fund|
|Return Since Launch:||14.81%|
|Benchmark:||NIFTY 200 TRI|
|Assets:||₹ 474 Cr (As on 31-Dec-2019)|
|Expense:||1.25% (As on 31-Dec-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: BNP Paribas Asset Management (India) Private Ltd.
Address: BNP Paribas House, 1 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (E) Mumbai - 400051
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Email: [email protected]