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3 star

BNP Paribas Long Term Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.71 Lakh

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.

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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
Fund -7.59 -1.43 -2.16 4.89 13.40 -9.96 -0.37 2.61 5.09 13.43 --
S&P BSE 500 TRI -11.23 -1.58 -1.67 6.30 18.53 -13.06 -6.56 1.55 5.78 10.80 --
Equity: ELSS -10.92 -1.25 -1.50 5.48 15.26 -12.63 -6.03 0.69 5.37 12.60 --
Rank within category 8 28 34 27 29 9 5 9 17 12 --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 1

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BNP Paribas Long Term Equity Fund - Direct Plan
3 star
Jan-13 -0.37 2.61 5.09 1.19 425
Axis Long Term Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 -2.31 6.16 8.02 0.92 20,292
Aditya Birla Sun Life Tax Relief 96 - Direct Plan  | Invest Online
4 star
Jan-13 -0.43 2.94 7.45 0.94 10,101
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.99 2.55 7.89 0.94 5,789
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 -1.34 5.92 -- 0.42 3,538

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.58 (19-Sep-2019 - 26-Sep-2019) -15.52 (11-Mar-2020 - 18-Mar-2020)
Month 19.94 (07-May-2014 - 06-Jun-2014) -31.46 (20-Feb-2020 - 23-Mar-2020)
Quarter 26.17 (11-Mar-2014 - 10-Jun-2014) -28.28 (23-Dec-2019 - 23-Mar-2020)
Year 74.58 (29-Jan-2014 - 29-Jan-2015) -19.41 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.05 18.49 -0.01 -0.01 0.83 0.59
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 3.36 21.18 -0.09 -0.10 0.95 -0.97
Rank within category 11 2 11 11 2 11
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 45.35
Top 5 Stocks (%) 29.11
Top 3 Sectors (%) 48.98
Portfolio P/B Ratio 3.24
Portfolio P/E Ratio 22.93

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,20,108 89,760
Giant (%) 63.12 52.59
Large (%) 13.55 15.43
Mid (%) 19.75 23.93
Small (%) 3.58 8.24
Tiny (%) -- 0.13

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
equal HDFC Bank Financial 21.56 10.33 6.56 6.89
equal Infosys Technology 21.33 6.58 1.44 6.49
equal ICICI Bank Financial 23.80 8.96 2.05 5.77
up Reliance Industries Energy 33.76 5.01 0.00 5.01
equal Bharti Airtel Communication -- 5.21 0.00 4.95
equal Tata Consultancy Services Technology 26.81 5.25 0.00 4.53
equal HDFC Financial 14.65 3.91 0.00 3.09
up Axis Bank Financial 67.04 7.37 0.00 3.01
equal HCL Technologies Technology 15.11 3.10 0.00 2.95
up Hindustan Unilever FMCG 79.22 2.66 0.00 2.66
equal Gujarat Gas Chemicals 17.37 2.90 0.84 2.64
equal SBI Life Insurance Company Financial 60.17 2.60 0.00 2.56
equal Voltas Cons Durable 35.34 2.60 0.00 2.44
equal Ultratech Cement Construction 18.98 2.56 0.00 2.36
equal Maruti Suzuki India Automobile 31.02 5.06 0.81 2.13
equal Kotak Mahindra Bank Financial 29.87 6.36 1.92 2.08
equal Avenue Supermarts Services 139.01 3.01 0.00 2.04
equal Cipla Healthcare 33.43 2.03 0.00 1.88
equal Alkem Laboratories Healthcare 26.84 3.40 0.00 1.87
equal Shree Cement Construction 51.48 2.18 1.10 1.83
equal Sun TV Network Services 10.96 2.02 0.00 1.67
equal HDFC Life Insurance Financial -- 2.62 0.00 1.66
equal Coromandel International Chemicals 21.14 1.63 0.00 1.63
equal Larsen & Toubro Construction 13.44 4.67 0.00 1.44
equal Exide Industries Engineering 17.08 1.63 0.00 1.39

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 30-Jun-2020

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:


-1.43%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 40.0180

Dividend: ₹ 15.8520


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: 12.01%
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 425 Cr (As on 30-Jun-2020)
Expense: 1.19% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 72.00%

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: http://www.bnpparibasmf.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM