Baroda Hybrid Equity Fund Review
About Baroda Mutual Fund
Baroda Mutual fund is the whole subsidiary of Bank of Baroda. They provide different financial products to the investor through their various subsidiaries. Through the use of quantitative and fundamental analysis, it aims to provide a high risk adjusted return to the investor.
About Baroda Hybrid Equity Fund
Baroda Hybrid Equity Fund is a hybrid mutual fund scheme that was launched by Baroda mutual fund. Later on, it was introduced on 12th Sept 2003 to its investors. Currently, the fund is managed by Sanjay Chawla. Talking about AUM, it is of INR 509 Cr, and, the latest NAV is INR 56.49 (dated as of 20th Jan 2020). The fund growth is rated moderately high risk. The minimum SIP investment is INR 500, and, lumpsum investment is INR 5000. Exit load of 1% only if redeemed within 12 months.
The objective is to generate long-term capital appreciation along with stability through a well-balanced portfolio of debt & equity instruments.
Returns are taxed at 15% only if you redeem before a year. After a year you are required to pay LTCG tax of 10% on returns of INR 1 lakh+ in a financial year.
|HDFC Bank Ltd.||Financial||Equity||8.7%|
|ICICI Bank Ltd.||Financial||Equity||6.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.6%|
|Reliance Industries Ltd.||Energy||Equity||5.3%|
|ICICI Bank Ltd.||Financial||Bonds||4.2%|
|State Bank of India||Financial||Equity||3.3%|
|State Bank of India||Financial||NCD||3.0%|
|City Union Bank Ltd.||Financial||Equity||2.9%|
|Bank Of Baroda||Financial||Debenture||2.8%|
How to Invest Baroda Hybrid Equity Fund with Gulaq?
Baroda Hybrid Equity Fund investment is not a fuss, especially with Gulaq. With hassle-free and paperless documentation, the summing-up of your investment journey becomes easy. All you need to do is:
- Sign-in at gulaq.com. You can also check your KYC for FREE
- Fetch in your amount (whether SIP or lumpsum)
- Submit ‘Invest Now’
*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.