Baroda Income Fund - Plan A - Growth - Latest NAV ₹27.0574, Returns, Performance & Portfolio

Baroda Income Fund - Plan A - Growth

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    7.51%
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    (+0.01)27.0574

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Fund Summarystar

PeriodReturns(per year)
10 Years6.95%
5 Years7.51%
3 Years5.9%
1 Year4%
6 Months4.19%
Fund Details
ISININF955L01237
RiskMedium Risk
Fund TypeMedium to Long Duration
NAV27.0574
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
6.68% Govt Stock 203116.91%
7.59% Govt Stock 202615.31%
Edelweiss Commodities Services Limited11.76%
6.79% Govt Stock 202711.64%
Indian Railway Finance Corporation Limited10.58%
Dewan Housing Finance Corporation Limited10.16%
IndusInd Bank Limited5.3%
9.35% Maharashtra SDL 20244.83%
8.58% Gujarat SDL 20234.4%
7.59% Govt Stock 20293.05%

About Baroda Income Fund

The Baroda Income Fund is an open-ended, medium-term debt scheme. It seeks to generate regular income over the long-term by investing in a portfolio of good quality fixed income securities by maintaining a balance between risk and return such that the Macaulay Duration of the portfolio is between 4 and 7 years.

Pros & Cons of Baroda Income Fund

  • The scheme endeavors to identify attractive opportunities on the basis of the government policies, economic development, monetary policy, research report and overall economic conditions and development.
  • As on December 31, 2018, the scheme is not ranked under CRISIL’s Medium to Long Duration Fund category.
  • Further, it has generated returns of 6.95% per year over the last 10 years (as on February 8, 2019).

Fund Information and Statistics of Baroda Income Fund

Inception / Launch Date

The scheme was launched on 21 March 2002 by Baroda Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderate risk-level associated with it.

Redemption

There is no minimum amount for redemption. The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

The Fund Managers of the Baroda Income Fund are:

  • Ms. Hetal Shah (since inception)
  • Mr. Karn Kumar (since June 6, 2018)

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows :-

  • If the units are redeemed after the completion of 1 year from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 1 year from the date of allotment of the said units, and:
  1. The number of units redeemed is less than 10% of the number of units allotted, then the exit load = Nil
  2. The number of units redeemed is more than 10% of the number of units allotted, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Baroda Income Fund

The following taxes are applicable to the income arising from investing in this scheme:

  • STCG is added to the investor's income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About Baroda Mutual Fund

The Baroda Asset Management India Limited (the AMC), a wholly owned subsidiary of the Bank of Baroda, is the investment manager of the Baroda Mutual Fund. The fund house endeavors to cater to the different investment needs of investors in India by offering a range of equity, debt, and money market offerings.

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Frequently Asked Questions

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Start your investment

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Medium Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns