Baroda BNP Paribas Manufacturing Fund Direct Growth

Baroda BNP Paribas Manufacturing Fund Direct Growth is an equity fund. This fund was started on 28 June, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Baroda BNP Paribas Manufacturing Fund Direct Growth has ₹1533 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
2. The fund has an expense ratio 0.4.
   

Baroda BNP Paribas Manufacturing Fund Direct Growth has given a CAGR return of -6.63% since inception.

Baroda BNP Paribas Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Industrial, Consumer Cyclical, Health, Basic Materials, Energy, Utilities, Tech, Consumer Defensive. Its top holdings are Divi's Laboratories Ltd, Reliance Industries Ltd, Sun Pharmaceuticals Industries Ltd, Bosch Ltd, Mahindra & Mahindra Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

The investment objective is to generate long-term capital appreciation from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Manufacturing. The Scheme does not guarantee/indicate any returns. 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 Manufacturing Fund Direct Growth has no lock in period.