About Baroda Equity Linked Saving Scheme 96 Direct-Dividend
Baroda Equity Linked Saving Scheme 96 Direct-Dividend is a Tax Saver
mutual fund scheme from Baroda Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Dipak Acharya
and Sanjay Chawla
. It has an AUM of ₹162.97 Crores and the latest NAV decalared is ₹33.150 as on 20 Nov 2019 at 9:00 pm.
Baroda Equity Linked Saving Scheme 96 Direct-Dividend scheme return performance in last 1 year is 7.98%, in last 3 years is 24.87% and 106.73% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.