Financial Services Fund
(An open ended equity scheme investing in the
Banking and Financial Services sector)
Financial Services Fund
(An open ended equity scheme investing in the
Banking and Financial Services sector)
The investment objective is to generate long term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
NAV Details (As on January 31, 2025)| Regular Plan - IDCW Option | : ₹ 20.8920 |
| Regular Plan - Growth Option | : ₹ 42.4542 |
| Direct Plan - IDCW Option | : ₹ 23.7143 |
| Direct Plan - Growth Option | : ₹ 47.1666 |
Benchmark Index (Tier 1)Nifty Financial Services TRI
Date of AllotmentJune 22, 2012
Fund Manager | Fund Manager | Managing fund since | Experience |
| Sandeep Jain | 14-Mar-22 | 16 years |
| Mr. Arjun Bagga | 21-Oct-24 | 7 years |
Load Structure
Entry Load: Not Applicable
Exit Load: • If units of the Scheme are redeemed or switched out within 30 days of the date of allotment - 1% of the applicable
Net Asset Value (NAV) • If units of the Scheme are redeemed or
switched out after 30 days of allotment - Nil
For detailed load structure please refer Scheme Information
Document of the scheme.
Minimum Application Amount:
₹ 5,000 and in multiples of ₹ 1
thereafter.
Minimum Additional Application Amount:₹ 1,000 and in
multiples of ₹ 1 thereafter.
| Monthly AAUM## As on January 31, 2025 | : ₹ 210.18 Crores |
| AUM## As on January 31, 2025 | : ₹ 214.42 Crores |
## excluding inter-scheme Investments, if any, by other schemes of Baroda BNP Paribas Mutual Fund, as may be applicable
| EQUITY HOLDINGS | % of Net Assets | |
| Banks | 65.32% | |
| ✔HDFC Bank Limited | 21.03% | |
| ✔ICICI Bank Limited | 19.87% | |
| ✔State Bank of India | 7.26% | |
| ✔Kotak Mahindra Bank Limited | 6.51% | |
| ✔Axis Bank Limited | 5.29% | |
| Karur Vysya Bank Limited | 1.94% | |
| City Union Bank Limited | 1.42% | |
| Indian Bank | 1.04% | |
| The Federal Bank Limited | 0.96% | |
| Finance | 19.07% | |
| ✔Bajaj Finance Limited | 5.32% | |
| ✔Muthoot Finance Limited | 2.11% | |
| ✔Cholamandalam Investment and Finance Company Ltd | 2.10% | |
| ✔Power Finance Corporation Limited | 1.97% | |
| CRISIL Limited | 1.62% | |
| REC Limited | 1.62% | |
| PNB Housing Finance Limited | 1.23% | |
| Shriram Finance Limited | 1.08% | |
| Bajaj Finserv Limited | 1.01% | |
| Poonawalla Fincorp Limited | 1.01% | |
| Capital Markets | 6.29% | |
| BSE Limited | 1.86% | |
| Multi Commodity Exchange of India Limited | 1.20% | |
| 360 One WAM Limited | 1.13% | |
| HDFC Asset Management Company Limited | 1.08% | |
| KFin Technologies Limited | 1.02% | |
| Insurance | 3.66% | |
| ICICI Lombard General Insurance Company Limited | 1.43% | |
| HDFC Life Insurance Company Limited | 1.19% | |
| SBI Life Insurance Company Limited | 1.04% | |
| Financial Technology (Fintech) | 2.95% | |
| ✔One 97 Communications Limited | 2.06% | |
| PB Fintech Limited | 0.89% | |
| TOTAL EQUITY HOLDING | 97.29% | |
| TREASURY BILL | 0.33% | |
| 182 Days Tbill (MD 14/02/2025) | Sovereign | 0.33% |
| Total Fixed Income Holdings | 0.33% | |
| TREPS, Cash & Other Net Current Assets | 2.38% | |
| GRAND TOTAL | 100.00% |
Investment in Top 10 scrips constitutes 73.52% of the portfolio
Pursuant to distribution under Income Distribution cum Capital Withdrawal (‘IDCW’) option, NAV of the IDCW option of the scheme(s) would fall to the extent of payout and statutory levy (if applicable). The
amounts under IDCW options can be distributed out of investors capital (Equalization Reserve), which is part of sale price that represents realized gains. Past performance may or may not be sustained in future.
The above stated distribution rate per unit is net distribution rate after deducting applicable taxes. The above distribution rates are on face value of ₹ 10 per unit.
| TER - Regular Plan (%) | 2.42% |
| TER - Direct Plan (%) | 0.92% |
| Portfolio Turnover Ratio | 1.15 |
| Sharpe Ratio (annualised), Standard Deviation (annualised) and Beta are based on last 36 monthly data points. | |
The risk free rate of return considered for calculation of Sharpe ratio is 6.65%, as per 1 day MIBOR rate on the last business day of the month.
| No of Stocks | 29 |
| Portfolio RoE (%) | 16.39 |
| EPS Growth (%) | 18.67 |
Portfolio RoE and EPS Growth is for trailing 12 months (TTM) whereas the number of stocks is as of January 31, 2025.
➤ Capital appreciation over long term.
➤ Investment predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^^Riskometer For Scheme: basis it’s portfolio, ^Riskometer For Benchmark (Nifty Financial Services TRI): basis it’s constituents; As on January 31, 2025
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.