About Baroda Equity Linked Saving Scheme 96 Direct- Growth
Baroda Equity Linked Saving Scheme 96 Direct- Growth is a Tax Saver
mutual fund scheme from Baroda Mutual Fund
. This scheme was launched on 02 Mar 2015 and is currently managed by its fund managers Dipak Acharya
and Sanjay Chawla
. It has an AUM of ₹149.40 Crores and the latest NAV decalared is ₹45.900 as on 11 Oct 2019 at 9:05 pm.
Baroda Equity Linked Saving Scheme 96 Direct- Growth scheme return performance in last 1 year is 6.28%, in last 3 years is 9.83% and 13.98% 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.