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3 star

Baroda Midcap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.52 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

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 mid cap 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 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 -0.54 0.65 2.67 7.32 18.16 -1.81 0.76 0.25 1.35 5.98 --
S&P BSE 150 MidCap TRI -5.97 0.26 2.18 7.93 22.30 -7.47 -0.76 -0.48 6.68 14.92 --
Equity: Mid Cap -6.04 0.46 2.17 6.82 17.88 -7.11 -1.41 0.06 5.96 17.11 --
Rank within category 3 7 9 11 12 3 9 10 -- -- --
Number of funds in category 26 27 27 27 27 26 23 21 19 17 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Midcap Fund - Direct Plan
3 star
Jan-13 0.76 0.25 1.35 1.83 42
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.74 2.93 9.26 1.00 6,498
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.58 0.99 8.40 0.63 6,449
L&T Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 -4.00 -1.52 7.91 0.73 5,699
Axis Midcap Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.66 10.06 9.28 0.56 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 18.55 (12-May-2014 - 19-May-2014) -17.15 (16-Mar-2020 - 23-Mar-2020)
Month 33.95 (07-May-2014 - 06-Jun-2014) -33.24 (20-Feb-2020 - 23-Mar-2020)
Quarter 61.40 (21-Feb-2014 - 23-May-2014) -27.13 (29-May-2013 - 28-Aug-2013)
Year 73.88 (03-Sep-2013 - 03-Sep-2014) -30.92 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.25 21.00 -0.15 -0.17 0.80 -0.68
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 2.63 23.14 -0.11 -0.12 0.88 -0.05
Rank within category 11 3 13 12 3 12
Number of funds in category 22 22 22 22 22 22

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 40
Top 10 Stocks (%) 40.61
Top 5 Stocks (%) 25.03
Top 3 Sectors (%) 44.34
Portfolio P/B Ratio 2.52
Portfolio P/E Ratio 22.25

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 13,883 16,803
Giant (%) -- 8.13
Large (%) 2.29 6.96
Mid (%) 86.68 75.56
Small (%) 11.04 12.95
Tiny (%) -- 0.28

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 Tata Consumer Products FMCG 86.41 6.62 0.00 6.62
equal Escorts Automobile 29.32 5.43 0.00 5.43
up Torrent Power Energy 13.52 4.98 0.00 4.98
equal Bata India FMCG 50.31 4.98 0.00 4.15
equal City Union Bank Financial 21.49 5.57 2.23 3.85
up Jindal Steel & Power Metals -- 3.51 0.00 3.51
equal Jubilant FoodWorks Services 79.45 4.04 0.00 3.19
up Navin Fluorine International Chemicals 20.88 3.01 0.00 3.01
up Alkem Laboratories Healthcare 25.70 2.99 0.00 2.99
equal Ipca Laboratories Healthcare 34.29 5.45 0.00 2.88
up Aarti Industries Chemicals 30.88 3.96 0.00 2.82
equal Solar Industries Chemicals 31.08 3.72 0.00 2.79
down Alembic Pharmaceuticals Healthcare 21.23 4.16 0.00 2.72
up Grindwell Norton Metals 29.92 2.54 0.00 2.54
up SRF Diversified 21.98 2.52 0.00 2.52
equal Bharat Electronics Engineering 13.33 3.25 0.00 2.50
up Crompton Greaves Consumer Electricals Cons Durable 31.18 3.17 0.00 2.37
equal Mahanagar Gas Energy 12.60 2.41 0.00 2.34
equal Coromandel International Chemicals 20.80 4.57 0.00 2.32
equal Varun Beverages FMCG 41.16 4.03 0.00 2.28
equal PI Industries Chemicals 52.29 2.32 0.00 2.22
equal The Ramco Cements Construction 25.56 5.79 0.00 2.18
up Biocon Healthcare 65.13 2.13 0.00 2.13
new Rallis India Chemicals 27.87 2.25 0.00 2.05
equal Cholamandalam Invest. & Fin. Financial 16.26 3.74 0.00 1.94

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-2020

Fund Manager

— Dipak Acharya since 01-Jan-2013

Education: Mr.Acharya is M.Com., AICWA, CAIIB & PGPMS

Experience: Prior to joining Baroda AMC in 2008 he has worked with BOB.

Funds Managed:

— Sanjay Chawla since 03-Oct-2016

Education: Mr. Sanjay Chawla holds a Masters degree in Management Studies from BITS, Pilani.

Experience: Prior to joining Baroda Mutual Fund, he worked as Senior Fund Manager with BSL AMC. Before joining Birla, he worked as Head of Research with SBI Capital Markets and has worked in various capacities in equity research space in Motilal Oswal Securities, IDBI Capital Markets, SMIFS Securities, IIT Invest Trust & Lloyds Securities.

Interviews:

Funds Managed:


0.65%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 9.2400

Dividend: ₹ 9.2400


Investment Strategy

The scheme aims to generate capital appreciation by investing in a diversified portfolio of equity and equity related securities of growth oriented midcap stocks.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 1
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 2.83%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 42 Cr (As on 31-May-2020)
Expense: 1.83% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 149.00%

Contact Information

AMC: Baroda Asset Management India Ltd

Address: 501, Raheja Titanium, Western Express Highway, Goregoan, (E) Mumbai - 400063

Phone: +91 22-3074 1000

Fax: +91 22-3074 1001

Email: [email protected]

Website: http://www.barodapioneer.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

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