Baroda BNP Paribas Dividend Yield Fund Direct Growth

Baroda BNP Paribas Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 11 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Baroda BNP Paribas Dividend Yield Fund Direct Growth has ₹899 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

Baroda BNP Paribas Dividend Yield Fund Direct Growth has given a CAGR return of -9.69% since inception.

Baroda BNP Paribas Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Energy, Tech, Health, Utilities, Consumer Cyclical, Industrial, Basic Materials, Consumer Defensive, Communication. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Infosys Ltd, ICICI Bank Ltd, Reliance Industries Ltd

As it is a dividend yield mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective is to provide medium to long term appreciation by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Baroda BNP Paribas Dividend Yield Fund Direct Growth has no lock in period.