VR Logo

BNP Paribas Long Term Equity Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.50 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.22 Lakh

Analyst's Choice?

Suitability:

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:

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 4.29 1.01 0.98 4.16 8.38 14.32 21.62 14.36 8.68 14.97 --
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 --
Equity: ELSS 2.76 0.73 0.10 3.06 6.70 12.15 14.43 12.13 8.88 14.55 --
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 & Worst Performance

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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 14.91 12.57 0.73 1.08 0.90 1.90
S&P BSE 500 TRI 13.80 13.09 0.62 0.92 -- --
Equity: ELSS 13.10 13.33 0.55 0.82 0.96 -0.35
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

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

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

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,11,313 98,037
Giant (%) 60.60 52.66
Large (%) 7.94 14.56
Mid (%) 27.44 24.99
Small (%) 4.01 8.12
Tiny (%) -- 0.23

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.94 10.33 5.72 9.66
equal ICICI Bank Financial 67.25 8.96 2.05 8.96
equal Infosys Technology 20.40 6.57 1.26 4.86
equal Reliance Industries Energy 22.24 4.15 0.00 4.07
down Axis Bank Financial 43.43 7.37 0.00 3.66
up Bharti Airtel Communication -- 5.16 0.00 3.09
equal Sundaram Finance Financial 14.57 2.94 0.00 2.92
equal Kotak Mahindra Bank Financial 36.01 6.36 0.98 2.66
equal Alkem Laboratories Healthcare 30.36 2.55 0.00 2.55
equal Tata Consultancy Services Technology 25.29 5.25 0.00 2.51
equal Ultratech Cement Construction 37.93 2.56 0.00 2.37
equal Avenue Supermarts Services 100.22 2.51 0.00 2.33
down Gujarat Gas Chemicals 20.18 2.90 0.00 2.25
equal SBI Life Insurance Company Financial 74.10 2.28 0.00 2.23
up PVR Services 68.48 2.85 0.00 2.20
equal AU Small Finance Bank Financial 48.59 2.20 0.00 2.15
equal Siemens Engineering 52.62 3.54 0.00 2.14
equal State Bank of India Financial 28.59 2.34 0.00 2.11
equal Maruti Suzuki India Automobile 35.42 5.13 0.85 2.02
equal Voltas Cons Durable 48.66 2.60 0.00 1.86
equal ACC Construction 16.00 2.47 0.00 1.83
equal HDFC Life Insurance Financial 90.73 2.62 0.00 1.70
equal HDFC Financial 34.91 3.91 0.00 1.53
up HCL Technologies Technology 15.81 1.80 0.00 1.52
down Asian Paints Chemicals 63.07 3.52 0.93 1.51

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-Dec-2019

Fund Manager

— Abhijeet Dey since 16-Nov-2016

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.

Funds Managed:

— Karthikraj Lakshmanan since 07-Oct-2016

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.

Funds Managed:


1.01%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 45.1630

Dividend: ₹ 17.9310


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.81%
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 474 Cr (As on 31-Dec-2019)
Expense: 1.25% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average
Turnover: 71.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend26-Dec-20190.2700

 27-Sep-20190.2656
 02-Jul-20190.2656
 29-Mar-20190.2656
 28-Dec-20180.2656
 27-Sep-20180.3010
 29-Jun-20180.2656
 28-Feb-20180.7200
 27-Sep-20170.4000
 30-Jun-20170.4000
 24-Mar-20170.5000
 02-Jan-20170.2500
 03-Oct-20160.2500
 27-Jun-20160.2500
 18-Mar-20160.2500
 23-Dec-20150.2500
 24-Sep-20150.2500
 26-Jun-20150.2500
 27-Feb-20151.0000
 28-Mar-20140.5000
 28-Feb-20140.5000
 28-Feb-20131.0000

Contact Information

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

Address: BNP Paribas House, 1 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-33704000

Fax: 022-33704294

Email: [email protected]

Website: www.bnpparibasmf.in

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

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM