Welcome to Baroda Mutual Fund - STAY HOME GO OUT · 2020. 6. 22. · Mutual fund investments are subject to market risks, read all scheme related documents carefully. May 2020

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

May 2020

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The Bank of Baroda logo belongs to Bank of Barodaand is used under license

Dear Investors,

Warm Greetings!

Post a sharp rally in April, markets corrected in May declining by 4% during the month. On year to date basis India has underperformed most developed markets. Auto, IT Services, Metals and Telecom outperformed during the month, while Banks, financials and Pharma underperformed the broader index.

The month saw heightened activity with series of announcement from the RBI and finance ministry. The Reserve Bank of India (RBI) announced a 40bp rate cut. Hence, the policy repo rate now stands at 4% and reverse repo rate at 3.25%. RBI has cut repo rates by 115bp since Mar 2020 in response to the Covid-19 pandemic. The moratorium on instalment payments for term loans was extended from 31st May to 31st Aug 2020, in response to the extension of India’s national lockdown and its consequences.

The finance ministry announced a mega INR20trn (Stimulus 2.0) package during the month. This includes Rs8trn monetary stimulus provided by RBI and Stimulus 1.0 announced in March. The stimulus was focused more on providing credit guarantee and liquidity measures for MSME and NBFC sectors versus boosting demand in the economy. A key negative was lack of financial package to the worst hit sectors. The largest and most important tranche of Stimulus 2.0 focussed on small businesses.

Key measures include providing collateral free loan of Rs3trn to MSME, with guarantee cover to banks and NBFC and Rs300bn special liquidity scheme to NBFCs, housing finance and micro finance Other key announcement included widening the scope of MSME definition, suspending Global Tender for government procurement up to Rs 2bn, bringing manufacturing and services MSMEs on par etc. It also gave some relief to real estate developers by extending completion date for registered projects by six months. From a fiscal standpoint, MSMEs garnered largest allocation followed by discoms and NBFCs/HFCs/MFIs.

IIP in March contracted 17% YoY, much weaker than 5% growth in February. While the contraction is higher than expected, it validates the weakness in other high-frequency data released so far for March (car sales, oil consumption, exports, imports, etc.). The weakness is across items, with even some of the hitherto strongly growing components, such as intermediate goods, contracting.

The National Statistical Office (NSO) did not release the provisional CPI inflation data for April owing to difficulties in data collection. It, however, managed to release the data for certain sub-groups/groups, following the principles of adequacy. The data showed that CPI food inflation rose to 10.5% in April (8.8% in March) led by increases observed across vegetables (23.6%), pulses and products (22.8%), and cereals and products (7.8%). This was mostly owing to panic buying and the disruptions caused by difficulties in transportation.

In terms of flows, FPIs were positive to the tune of USD 1296mn, while MFs were positive to the tune of USD375mnn. On Year to date basis, FPIs are negative to the tune of USD5.3bn while MFs are positive to the tune of USD5.2bn.

Quarterly earnings season is underway. Of the Nifty companies announced results so far, revenues are broadly in line, but earnings are lower than expectations. Street has cut FY20 and FY21 earnings estimates by 11% and 30% respectively. Nifty is trading at 19x FY21 earnings which is marginally higher than 10yr average. With lockdown getting extended further with relaxation, markets volatility likely to remain elevated in near term. We remain constructive on equities.

Happy Investing!

Source : Bloomberg

Mutual Fund investments are subject market risks, read all scheme related documents carefully.

Mr. Sanjay ChawlaChief Investment Officer

CIO LETTER - May 2020

3


INDEX

How To Read Factsheet Pg 4

Baroda Multi Cap Fund Pg 5

Baroda ELSS’ 96 Pg 6

Baroda Mid Cap Fund Pg 7

Baroda Large Cap Fund Pg 8

Baroda Banking and Financial Services Fund Pg 9

Baroda Hybrid Equity Fund Pg 10

Baroda Dynamic Equity Fund Pg 11

Baroda Equity Savings Fund Pg 12

Baroda Conservative Hybrid Fund Pg 13

Baroda Credit Risk Fund (scheme has one segregated portfolio) Pg 14

Baroda Gilt Fund Pg 15

Baroda Dynamic Bond Fund Pg 16

Baroda Short Term Bond Fund Pg 17

Baroda Treasury Advantage Fund (scheme has one segregated portfolio) Pg 18

Baroda Ultra Short Duration Fund Pg 19

Baroda Liquid Fund Pg 20

Baroda Overnight Fund Pg 21

Baroda Money Market Fund Pg 22

Investment Performance Pg 23

SIP Returns Pg 26

Dividend History Pg 27

4


How To Read Factsheet?

Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.

NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Entry Load : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs. 101.

Note : SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor.

Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit.

Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

Standard Deviation : Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

Beta : Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings : The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

Macaulay Duration: Is the weighted average term to maturity of the cash flows from an instrument. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Macaulay duration is a measure of interest rate sensitivity of a Fixed income instrument. Higher the Macaulay duration, higher would be the interest rate risk. Investors may refer to Scheme Information Document of the fund for further details.

5


Baroda Multi Cap FundMulti Cap Fund - An open ended equity scheme investing across large cap, mid-cap and small cap stocks.

Investment ObjectiveTo generate long term capital appreciation from an actively managed portfolio of equity & equity related instruments.

Plan A 2.45%

Plan B (Direct) 1.78%

Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

September 12, 2003

S&P BSE 500^(Effective October 29, 2019)Total Return variant of the Benchmark Index (TRI)

` 500/month - 12 Installments` 1500/quarter - 4 Installments

Plan A and Plan B (Direct)

A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout 2. Re-investment (default sub-option in case no option specified by investor) C. Bonus Option$

` 5,000/- & in multiples of ` 1/- thereafter

Entry Load: NA

Exit Load: 1%, if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units

Mr. Sanjay Chawla&

(Experience 29 Years)

AAUM & AUM

AAUM ` 671.82 Crs

AUM ` 693.20 Crs

Standard deviation 18.68%

Sharpe@ (0.41)

Beta 0.93

Portfolio Turnover (last 12 months)

0.92

@risk free rate (FBIL Overnight MIBOR) 4.04%

Risk Profile 29 May 2020

Mr. Dipak Acharya


& Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015

Portfolio Portfolio

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25^ For Disclaimer please refer page no 25

Plan A `

Growth 83.01

Dividend 23.13

Plan B - Direct `

Growth 88.65

Dividend 23.48

NAV as on 29 May 2020Riskometer

This product is suitable for investors who are seeking*

• Capital appreciation over long term.

• Investment predominantly in equity and equity related instruments.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Top 10 Industries

Name of InstrumentsRatings /Industries

% to NetAssets

EQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchangesReliance Industries Ltd. Petroleum Products 7.61%

ICICI Bank Ltd. Banks 6.23%

Infosys Ltd. Software 5.48%

HDFC Bank Ltd. Banks 4.67%

Hindustan Unilever Ltd.Consumer Non Durables

4.01%

Bharti Airtel Ltd. Telecom - Services 3.79%Housing Development Finance Corporation Ltd.

Finance 3.59%

Divi's Laboratories Ltd. Pharmaceuticals 3.10%

Nestle India Ltd.Consumer Non Durables

3.04%

Escorts Ltd. Auto 2.93%

Pidilite Industries Ltd. Chemicals 2.65%

HCL Technologies Ltd. Software 2.62%

Aarti Industries Ltd. Chemicals 2.46%

City Union Bank Ltd. Banks 2.19%

Tech Mahindra Ltd. Software 2.14%

IPCA Laboratories Ltd. Pharmaceuticals 2.05%

Axis Bank Ltd. Banks 1.78%

Larsen & Toubro Ltd. Construction Project 1.75%

Jubilant Foodworks Ltd.Consumer Non Durables

1.67%

Jindal Steel & Power Ltd. Ferrous Metals 1.67%Security and Intelligence Services (I) Ltd.

Commercial Services 1.63%

United Spirits Ltd.Consumer Non Durables

1.63%

Alembic Pharmaceuticals Ltd.

Pharmaceuticals 1.62%

Dabur India Ltd.Consumer Non Durables

1.55%

The Ramco Cements Ltd. Cement 1.48%

Dr. Reddy's Laboratories Ltd. Pharmaceuticals 1.47%

Biocon Ltd. Pharmaceuticals 1.41%


% to NetAssets

Bata India Ltd. Consumer Durables 1.34%

Titan Company Ltd. Consumer Durables 1.28%Hindustan Petroleum Corporation Ltd.

Petroleum Products 1.26%

Maruti Suzuki India Ltd. Auto 1.21%

Ultratech Cement Ltd. Cement 1.13%SBI Life Insurance Company Ltd.

Finance 1.11%

SBI Cards & Payment Services Ltd.

Finance 1.09%

Crompton Greaves Consumer Electricals Ltd.

Consumer Durables 1.09%

Tata Consumer Products Ltd.Consumer Non Durables

1.06%

Aditya Birla Fashion and Retail Ltd.

Retailing 0.95%

State Bank of India Banks 0.93%Cholamandalam Investment & Finance Co. Ltd.

Finance 0.92%

Astral Poly Technik Ltd. Industrial Products 0.70%

Kansai Nerolac Paints Ltd.Consumer Non Durables

0.36%

PVR Ltd.Media & Entertainment

0.13%

Reliance Industries Ltd. Petroleum Products 0.07%

Aarti Surfactants Ltd. Chemicals 0.07%

Total 90.92%

Margin Fixed Deposits

HDFC Bank Ltd. Unrated 0.33%

Total 0.33%

TREPS / Reverse Repo Investments 8.85%

Total 8.85%

Cash & Cash Equivalents

Net Receivable/Payable -0.10%

Total -0.10%

Grand Total 100.00%

29 May, 2020

Pharmaceuticals9.65%

BANK

Banks15.80%

Finance6.71%

Consumer Non

Durables13.32%

Software10.24% Petroleum

Products8.94%

Chemicals5.18%

Auto4.14%

Consumer Durables

3.71%

Telecom Services3.79%

6


Baroda ELSS’ 96 An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit.

Investment ObjectiveThe main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961.

Plan A 2.52%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

March 31, 1996

S&P BSE 200^Total Return variant of the Benchmark Index (TRI)



A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout C. Bonus Option$

` 500/- & in multiples of ` 1/- thereafter

Entry Load: NA

Exit Load: Nil

Mr. Sanjay Chawla&


AAUM & AUM

AAUM ` 134.80 Crs

AUM ` 138.42 Crs


Sharpe@ (0.51)

Beta 0.93


1.45



Mr. Dipak Acharya


Portfolio Portfolio

Plan A `

Growth 36.21

Bonus 36.21

Dividend 22.21

Plan B - Direct `

Growth 39.19

Bonus 39.19

Dividend 27.25

NAV as on 29 May 2020


• Capital growth over long term.

• Investment predominantly in equity and equity related instruments.


Top 10 Industries

Riskometer




% to NetAssets

EQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchanges






4.09%

Bharti Airtel Ltd. Telecom - Services 3.99%



Housing Development Finance Corporation Ltd.

Finance 3.00%

SBI Life Insurance Company Ltd.

Finance 2.78%

Mahanagar Gas Ltd. Gas 2.46%







Hindustan Petroleum Corporation Ltd.



2.03%



Bajaj Finserv Ltd. Finance 1.91%


% to NetAssets


1.85%

Jindal Steel & Power Ltd. Ferrous Metals 1.76%


1.72%



Ultratech Cement Ltd. Cement 1.41%

Dixon Technologies (India) Ltd.



Titan Company Ltd. Consumer Durables 1.29%

Cholamandalam Investment & Finance Co. Ltd.

Finance 1.28%

SRF Ltd. Industrial Products 1.26%

Britannia Industries Ltd.Consumer Non Durables

1.22%



Finance 0.97%

Gujarat Fluorochemicals Ltd. Chemicals 0.72%


Total 90.40%


Total 9.38%


Net Receivable/Payable 0.22%

Total 0.22%

Grand Total 100.00%

BANK

Banks15.30%

Software10.03%

Consumer Non

Durables10.91%

Petroleum Products10.12%

Finance9.94%

Chemicals3.11%

Auto5.14%

Consumer Durables

4.14%



29 May, 2020

7


Investment Objective The primary objective of the Scheme is to generate capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of growth oriented mid cap stocks.However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Plan A 2.51%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

October 4, 2010

S&P BSE Mid-cap index^Total Return variant of the Benchmark Index (TRI)



A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option in case no option specified by investor) C. Bonus Option$


Entry Load: NA

Exit Load: 1.00%, if redeemed on or before 365 days from the date of allotment of units,

Nil, if redeemed after 365 days from the date of allotment of units.

Mr. Sanjay Chawla


AAUM & AUM

AAUM ` 40.31 Crs

AUM ` 41.57 Crs


Sharpe@ (0.40)

Beta 0.84


1.49



Mr. Dipak Acharya


Portfolio Portfolio


Plan A `

Growth 7.80

Dividend 7.80

Plan B - Direct `

Growth 8.29

Dividend 8.29




• Investment predominantly in equity and equity related securities of growth oriented Mid-Cap stocks.


Top 10 Industries

Baroda Mid-Cap FundMid Cap Fund – An open-ended equity scheme pre-dominantly investing in mid cap stocks.


% to NetAssets


Tata Consumer Products Ltd.Consumer Non Durables

6.62%


Torrent Power Ltd. Power 4.98%





3.19%

Navin Fluorine International Ltd.

Chemicals 3.01%

Alkem Laboratories Ltd. Pharmaceuticals 2.99%


Aarti Industries Ltd. Chemicals 2.82%

Solar Industries India Ltd. Chemicals 2.79%



Grindwell Norton Ltd. Industrial Products 2.54%

SRF Ltd. Industrial Products 2.52%

Bharat Electronics Ltd.Industrial Capital Goods

2.50%

Crompton Greaves Consumer Electricals Ltd.


Mahanagar Gas Ltd. Gas 2.34%

Coromandel International Ltd.

Fertilisers 2.32%

Varun Beverages Ltd.Consumer Non Durables

2.28%

PI Industries Ltd. Pesticides 2.22%

The Ramco Cements Ltd. Cement 2.18%


% to NetAssets


Rallis India Ltd. Pesticides 2.05%


Finance 1.94%

Sanofi India Ltd. Pharmaceuticals 1.86%

Akzo Nobel India Ltd.Consumer Non Durables

1.81%

Blue Star Ltd. Consumer Durables 1.65%

DCB Bank Ltd. Banks 1.49%

Gujarat State Petronet Ltd. Gas 1.43%

Dixon Technologies (India) Ltd.


MindTree Ltd. Software 1.08%

Astral Poly Technik Ltd. Industrial Products 1.06%

Muthoot Finance Ltd. Finance 1.04%

Trent Ltd. Retailing 1.01%

Honeywell Automation India Ltd.

Industrial Capital Goods

0.97%

RBL Bank Ltd. Banks 0.87%

Aditya Birla Fashion and Retail Ltd.

Retailing 0.87%

Dhanuka Agritech Ltd. Pesticides 0.51%

Aarti Surfactants Ltd. Chemicals 0.12%

Total 93.27%


Total 6.82%



Total -0.09%

Grand Total 100.00%

BANK

Banks6.21%

Industrial Products6.12%

Pesticides4.78%

Chemicals8.74%

Consumer Non

Durables13.90%

Consumer Durables

9.34%

Gas3.77%


Auto5.43%

Power4.98%

29 May, 2020

8


Baroda Large Cap Fund Large Cap Fund – An open-ended equity scheme pre-dominantly investing in large cap stocks.

Investment Objective The primary objective of the Scheme is to generate capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of large cap companies. The Scheme may also invest in debt and money market securities.However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Plan A 2.55%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

June 22, 2010

Nifty 100^Total Return variant of the Benchmark Index (TRI)





Entry Load: NA

Exit Load: 1.00%, if redeemed on or before 365 days from the date of allotment of units,


Mr. Sanjay Chawla


AAUM & AUM

AAUM ` 28.33 Crs

AUM ` 29.41 Crs


Sharpe@ (0.31)

Beta 0.81


1.14



Mr. Dipak Acharya


Portfolio Portfolio

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25 ^ For Disclaimer please refer page no 25

Plan A `

Growth 12.65

Dividend 10.07

Plan B - Direct `

Growth 13.32

Dividend 10.69




• Investment predominantly in a diversified portfolio of equity and equity related securities of Large Cap companies.


Top 10 Industries


% to NetAssets






Bharti Airtel Ltd. Telecom - Services 4.70%


Finance 4.51%


4.37%

Ultratech Cement Ltd. Cement 3.98%



Nestle India Ltd.Consumer Non Durables

2.98%





Britannia Industries Ltd.Consumer Non Durables

2.30%



Lupin Ltd. Pharmaceuticals 2.07%


2.02%



Finance 1.83%


% to NetAssets

Dr. Reddy's Laboratories Ltd. Pharmaceuticals 1.73%


1.59%

Mahindra & Mahindra Ltd. Auto 1.48%

ABB India Ltd.Industrial Capital Goods

1.39%




Finance 1.28%

Titan Company Ltd. Consumer Durables 1.21%


State Bank of India Banks 1.10%

Siemens Ltd.Industrial Capital Goods

0.93%

ABB Power Products & Systems India Ltd.


0.31%


Total 90.23%



Total 0.37%


Total 9.02%



Total 0.38%

Grand Total 100.00%

BANK

Banks15.49%

Software9.77%

Finance7.62%


Consumer Non

Durables13.26%

Cement3.98%


Auto5.38%


29 May, 2020

Chemicals2.99%

9


Investment Objective 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.

Plan A 2.55%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Manager#

June 22, 2012

Nifty Bank Index^Total Return variant of the Benchmark Index (TRI)





Entry Load: NA

Exit Load: 1.00% if redeemed on or before 365 days from the date of allotment of units,

Nil if redeemed after 365 days from the date of allotment of units

AAUM & AUM

AAUM ` 33.20 Crs

AUM ` 33.74 Crs


Sharpe@ (0.41)

Beta 0.90


0.77



Mr. Dipak Acharya


Portfolio Portfolio


Plan A `

Growth 16.64

Dividend 11.31

Plan B - Direct `

Growth 17.61

Dividend 12.15




• Investment predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.


Top Industries


% to NetAssets





IndusInd Bank Ltd. Banks 3.50%


Finance 3.44%

State Bank of India Banks 3.35%



Finance 2.85%

Bajaj Finserv Ltd. Finance 1.96%

Kotak Mahindra Bank Ltd. Banks 1.81%


Finance 1.60%


Finance 1.55%

ICICI Lombard General Insurance Company Ltd.

Finance 1.54%

DCB Bank Ltd. Banks 1.47%


% to NetAssets

ICICI Prudential Life Insurance Company Ltd.

Finance 1.28%

Mahindra & Mahindra Financial Services Ltd.

Finance 1.24%

RBL Bank Ltd. Banks 1.07%

Muthoot Finance Ltd. Finance 1.02%

Motilal Oswal Financial Services Ltd.

Finance 0.92%

Total 82.16%



Total 0.44%


Total 17.09%



Total 0.31%

Grand Total 100.00%

BANK

Banks64.76%

Finance17.40%

Unrated0.44%

Cash & Equivalent7.00%̀

Baroda Banking and Financial Services Fund An open ended equity scheme investing in the Banking and Financial Services sector. 29 May, 2020

10


Investment Objective The scheme is targeted for long-term capital appreciation along with stability through a well balanced portfolio comprising of equity, equity related instruments, money market instrument and debt securities.

Plan A 2.46%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

September 12, 2003

CRISIL Hybrid 35+65 – Aggressive Index(effective February 1, 2018)





Entry Load: NA

Exit Load: 1% if redeemed on or before 12 months from the date of allotment of units,

Nil if redeemed after 12 months from the date of allotment of units

AAUM & AUM

AAUM ` 383.04 Crs

AUM ` 390.68 Crs


Sharpe@ (0.47)

Beta 1.10


1.01



Mr. Sanjay Chawla&


Portfolio Portfolio

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25


• Capital appreciation along with stability over long term.

• Investment predominantly in equity and equity related instru-ments with balance exposure to money market instruments and debt securities.


Top 10 Industries

Riskometer

Plan A `

Growth 47.71

Dividend 12.65

Plan B - Direct `

Growth 51.78

Dividend 14.54


Baroda Hybrid Equity FundAn open ended hybrid scheme investing predominantly in equity and equity related instruments.

Mr. Dipak Acharya



All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR.**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.*Please refer to our website link for deviation in valuation of the security:https://www.barodamf.com/Downloads/pages/valuation-policy.aspx


% to Net

AssetsEQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchangesReliance Industries Ltd. Petroleum Products 6.45%ICICI Bank Ltd. Banks 5.31%Infosys Ltd. Software 4.33%Hindustan Unilever Ltd. Consumer Non Durables 3.42%Bharti Airtel Ltd. Telecom - Services 3.39%HDFC Bank Ltd. Banks 3.04%Divi's Laboratories Ltd. Pharmaceuticals 2.75%Escorts Ltd. Auto 2.54%Pidilite Industries Ltd. Chemicals 2.44%Nestle India Ltd. Consumer Non Durables 2.24%City Union Bank Ltd. Banks 2.18%HCL Technologies Ltd. Software 2.11%Alembic Pharmaceuticals Ltd. Pharmaceuticals 2.10%Solar Industries India Ltd. Chemicals 2.06%Tech Mahindra Ltd. Software 2.04%Housing Development Finance Corporation Ltd. Finance 2.02%

Dr. Reddy's Laboratories Ltd. Pharmaceuticals 1.67%United Spirits Ltd. Consumer Non Durables 1.52%Atul Ltd. Chemicals 1.50%Ultratech Cement Ltd. Cement 1.50%Jubilant Foodworks Ltd. Consumer Non Durables 1.48%Axis Bank Ltd. Banks 1.48%Jindal Steel & Power Ltd. Ferrous Metals 1.48%Biocon Ltd. Pharmaceuticals 1.36%Bata India Ltd. Consumer Durables 1.36%Maruti Suzuki India Ltd. Auto 1.22%Dabur India Ltd. Consumer Non Durables 1.19%Larsen & Toubro Ltd. Construction Project 1.19%Sanofi India Ltd. Pharmaceuticals 1.19%Security and Intelligence Services (I) Ltd. Commercial Services 1.15%

SBI Cards & Payment Services Ltd. Finance 1.10%

Rallis India Ltd. Pesticides 1.03%Titan Company Ltd. Consumer Durables 1.03%KEC International Ltd. Construction Project 0.91%Alkem Laboratories Ltd. Pharmaceuticals 0.90%Muthoot Finance Ltd. Finance 0.88%Cholamandalam Investment & Finance Co. Ltd. Finance 0.87%


% to Net

AssetsSBI Life Insurance Company Ltd. Finance 0.79%

Reliance Industries Ltd. Petroleum Products 0.06%Total 75.28%CENTRAL GOVERNMENT SECURITIES8.24% CGL 2027 Sovereign 0.37%7.59% CGL 2026 Sovereign 0.28%7.88% CGL 2030 Sovereign 0.20%8.28% CGL 2027 Sovereign 0.03%7.17% CGL 2028 Sovereign 0.01%Total 0.89%STATE GOVERNMENT SECURITIES9.72% SDL 2023 Sovereign 1.45%Total 1.45%BONDS & NCDsListed / awaiting listing on the stock exchangesICICI Bank Ltd. [ICRA]AA+ 6.94%Bank of Baroda CRISIL AA+ 5.13%National Bank for Agriculture and Rural Development CRISIL AAA 1.88%

Indian Oil Corporation Ltd. CRISIL AAA 1.79%HDFC Bank Ltd. CRISIL AAA 1.41%Muthoot Finance Ltd. CRISIL AA 1.01%Indian Railway Finance Corporation Ltd. CRISIL AAA 0.71%

Dewan Housing Finance Corporation Ltd.* CARE D 0.43%

Total 19.30%Margin Fixed DepositsHDFC Bank Ltd. Unrated 0.59%Total 0.59%TREPS / Reverse Repo Investments 1.87%Total 1.87%Cash & Cash EquivalentsNet Receivable/Payable 0.62%Total 0.62%Grand Total 100.00%

BANK

Banks12.01%

Finance5.66%

Software8.48%

CRISIL AAA5.79%

[ICRA]AA+

6.94%

CRISIL AA+

5.13%

Consumer Non

Durables9.85%

Chemicals6.00%

Pharmaceuticals9.97% Petroleum

Products6.51%

29 May, 2020

11


Portfolio

Riskometer


• Capital appreciation over medium to long term.

• Investment in equity and equity linked securities as well as debt and money market instruments while managing risk through active asset allocation.


Investment ObjectiveThe primary objective of the Scheme is to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation.

Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Fund Managers#

November 14, 2018

50% S&P BSE 200 Index and 50% CRISIL Short Term Bond Fund IndexTotal Return variant of the Benchmark Index (TRI)


Regular and Direct

A. Growth Option (default option in case no option specified by investor); B. Daily Dividend 1. Payout; 2. Reinvestment (default sub-option in case no option specified by investor)


Entry Load: NA

Exit Load: If units are redeemed upto 10% of the units, on or before one year from the date of allotment : Nil

If units are redeemed over and above the 10% limit, on or before one year from the date of allotment : 1% of the applicable Net Asset Value (NAV)

If units are redeemed after one year from the date of allotment: Nil

Mr. Alok Sahoo


AAUM & AUM

AAUM ` 521.10 Crs

AUM ` 535.46 Crs

Regular 2.43%

Direct 1.20%

Total Expense Ratio

Baroda Dynamic Equity FundAn open ended dynamic asset allocation fund

Portfolio

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR.**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.

Regular `

Growth 10.63

Dividend 10.63

Direct `

Growth 10.88

Dividend 10.88

NAV as on 29 May 2020Mr. Sanjay Chawla



% to Net

AssetsEQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchangesReliance Industries Ltd. Petroleum Products 6.15%

Hindustan Unilever Ltd. Consumer Non Durables 4.42%

ICICI Bank Ltd. Banks 3.87%Infosys Ltd. Software 3.87%Bharti Airtel Ltd. Telecom - Services 3.51%Divi's Laboratories Ltd. Pharmaceuticals 2.90%Housing Development Finance Corporation Ltd. Finance 2.63%

HDFC Bank Ltd. Banks 2.49%Pidilite Industries Ltd. Chemicals 2.06%Escorts Ltd. Auto 2.02%SBI Cards & Payment Services Ltd. Finance 2.00%


Nestle India Ltd. Consumer Non Durables 1.97%

HCL Technologies Ltd. Software 1.85%Ultratech Cement Ltd. Cement 1.82%Axis Bank Ltd. Banks 1.80%City Union Bank Ltd. Banks 1.77%Alembic Pharmaceuticals Ltd. Pharmaceuticals 1.69%IPCA Laboratories Ltd. Pharmaceuticals 1.67%

Britannia Industries Ltd. Consumer Non Durables 1.58%

Tata Consumer Products Ltd. Consumer Non Durables 1.54%

Biocon Ltd. Pharmaceuticals 1.49%Bata India Ltd. Consumer Durables 1.49%Jindal Steel & Power Ltd. Ferrous Metals 1.48%Power Grid Corporation of India Ltd. Power 1.47%

IndusInd Bank Ltd. Banks 1.47%

Dabur India Ltd. Consumer Non Durables 1.39%

United Spirits Ltd. Consumer Non Durables 1.33%

Maruti Suzuki India Ltd. Auto 1.31%Dr. Reddy's Laboratories Ltd. Pharmaceuticals 1.29%

Jubilant Foodworks Ltd. Consumer Non Durables 1.24%

SBI Life Insurance Company Ltd. Finance 1.22%Larsen & Toubro Ltd. Construction Project 1.22%WABCO India Ltd. Auto Ancillaries 1.10%Atul Ltd. Chemicals 1.10%Crompton Greaves Consumer Electricals Ltd. Consumer Durables 1.06%

Asian Paints Ltd. Consumer Non Durables 1.02%

Rallis India Ltd. Pesticides 0.99%Indraprastha Gas Ltd. Gas 0.97%


% to Net

AssetsCholamandalam Investment & Finance Co. Ltd. Finance 0.37%Security and Intelligence Services (I) Ltd. Commercial Services 0.20%

Reliance Industries Ltd. Petroleum Products 0.06%Total 76.86%BONDS & NCDsListed / awaiting listing on the stock exchangesBank of Baroda CRISIL AA+ 2.82%Reliance Industries Ltd. CRISIL AAA 2.25%HDFC Bank Ltd. CRISIL AAA 2.05%National Bank for Agriculture and Rural Development CRISIL AAA 1.76%

Aditya Birla Housing Finance Ltd. [ICRA]AAA 1.58%Larsen & Toubro Ltd. CRISIL AAA 1.35%Indian Oil Corporation Ltd. CRISIL AAA 1.12%IndusInd Bank Ltd. CRISIL AA 0.80%Aditya Birla Finance Ltd. [ICRA]AAA 0.49%Indian Railway Finance Corporation Ltd. CRISIL AAA 0.39%Housing and Urban Development Corporation Ltd. [ICRA]AAA 0.39%National Highways Authority of India CRISIL AAA 0.35%

Total 15.35%CENTRAL GOVERNMENT SECURITIES6.68% CGL 2031 Sovereign 1.46%7.17% CGL 2028 Sovereign 1.02%7.26% CGL 2029 Sovereign 1.00%Total 3.48%MONEY MARKET INSTRUMENTSCertificate of Deposits**Small Industries Development Bank of India CRISIL A1+ 0.74%

Canara Bank IND A1+ 0.56%Total 1.30%Treasury Bills182 DAY T-BILL 10.09.20 Sovereign 0.93%Total 0.93%TREPS / Reverse Repo Investments 1.94%Total 1.94%Cash & Cash EquivalentsNet Receivable/Payable 0.14%Total 0.14%Grand Total 100.00%

Mr. Dipak Acharya@


@Effective December 14, 2018, Mr. Dipak Acharya manages the scheme along with Mr. Sanjay Chawla and Mr. Alok Sahoo.

Top 10 Industries

BANK

Banks11.40%

Finance6.22%

Software7.70%


CRISIL AAA9.27%

Consumer Non

Durables14.49%

Sovereign4.41%

SOVEREIGN

#For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25



2.58



29 May, 2020

Auto3.33%

12


Investment ObjectiveThe primary objective of the Scheme is to generate capital appreciation and income by using arbitrage opportunities, investment in equity / equity related instruments and debt/ money market instruments.However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Baroda Equity Savings FundAn open-ended scheme investing in equity, arbitrage and debt instruments.

Benchmark

Plans & Option

Minimum Investment

Load Structure

40% NSE 50 Arbitrage index, 35% NIFTY Short Duration Debt index and 25% NSE100 indexTotal Return variant of the Benchmark Index (TRI)

RegulaR and diRect

A. Growth Option (default option in case no option specified by investor);

B. Dividend Option• Pay-out• Reinvestment (default sub-option in case no sub-option specified by investor)

Purchase: ` 5,000/- & in multiples of ` 1/- thereafterAdditional Purchase : ` 1,000/- and in multiples of ` 1/- thereafter. Re-purchase: No minimum amount

Entry Load: NA

Exit Load: If units are redeemed upto 10% of the units held, on or before one year from the date of allotment : Nil

• If units are redeemed over and above the 10% limit, on or before one year from the date of allotment : 1% of the applicable Net Asset Value (NAV)

• If units are redeemed after one year from the date of allotment: Nil

The above exit load shall be applicable on a prospective basis to all subscription transactions, excluding switch-ins.

The above exit load structure is effective September 05, 2019.

Date of InceptionJuly 25, 2019

SIP (Minimum)` 500/month - 12 Installments` 1500/quarter - 4 Installments

AAUM & AUM

AAUM ` 420.56 Crs

AUM ` 427.31 Crs

Regular 1.98%

Direct 1.05%

Total Expense Ratio

Fund Managers

Mr. Alok Sahoo


Mr. Pratish Krishnan


Mr. Dipak Acharya


Riskometer


• Long term capital appreciation and income generation.

• Investment in equity and equity related securities, arbitrage opportunities, and debt and money market instuments.


Regular `

Growth 10.36

Dividend 10.36

Direct `

Growth 10.45

Dividend 10.45


Portfolio Portfolio



% to Net

AssetsEQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchangesHousing Development Finance Corporation Ltd. Finance 6.29%

Reliance Industries Ltd. Petroleum Products 6.00%Bharti Airtel Ltd. Telecom - Services 5.90%Hindustan Unilever Ltd. Consumer Non Durables 4.78%HDFC Bank Ltd. Banks 3.63%Axis Bank Ltd. Banks 3.55%Vedanta Ltd. Non - Ferrous Metals 3.50%ICICI Bank Ltd. Banks 3.18%State Bank of India Banks 2.16%Dr. Reddy's Laboratories Ltd. Pharmaceuticals 2.07%Nestle India Ltd. Consumer Non Durables 1.92%Infosys Ltd. Software 1.83%Britannia Industries Ltd. Consumer Non Durables 1.76%Grasim Industries Ltd. Cement 1.70%Maruti Suzuki India Ltd. Auto 1.51%Larsen & Toubro Ltd. Construction Project 1.31%Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.29%Shree Cement Ltd. Cement 0.83%Ultratech Cement Ltd. Cement 0.83%SBI Life Insurance Company Ltd. Finance 0.81%The Federal Bank Ltd. Banks 0.77%ITC Ltd. Consumer Non Durables 0.74%HCL Technologies Ltd. Software 0.71%Asian Paints Ltd. Consumer Non Durables 0.70%Power Finance Corporation Ltd. Finance 0.63%Kotak Mahindra Bank Ltd. Banks 0.61%Mahindra & Mahindra Ltd. Auto 0.61%Power Grid Corporation of India Ltd. Power 0.61%

Tech Mahindra Ltd. Software 0.60%Titan Company Ltd. Consumer Durables 0.58%SRF Ltd. Industrial Products 0.53%Dr. Lal Path labs Ltd. Healthcare Services 0.50%Escorts Ltd. Auto 0.42%IPCA Laboratories Ltd. Pharmaceuticals 0.38%United Spirits Ltd. Consumer Non Durables 0.38%Dabur India Ltd. Consumer Non Durables 0.37%Divi's Laboratories Ltd. Pharmaceuticals 0.36%Alembic Pharmaceuticals Ltd. Pharmaceuticals 0.35%Bajaj Finance Ltd. Finance 0.33%Biocon Ltd. Pharmaceuticals 0.32%Bata India Ltd. Consumer Durables 0.31%Jubilant Foodworks Ltd. Consumer Non Durables 0.28%Tata Consultancy Services Ltd. Software 0.27%Indraprastha Gas Ltd. Gas 0.24%Marico Ltd. Consumer Non Durables 0.24%ICICI Lombard General Insurance Company Ltd. Finance 0.18%

DLF Ltd. Construction 0.17%ACC Ltd. Cement 0.12%Trent Ltd. Retailing 0.11%Pidilite Industries Ltd. Chemicals 0.10%


% to Net

AssetsIndusInd Bank Ltd. Banks 0.10%Cholamandalam Investment & Finance Co. Ltd. Finance 0.09%

Tata Motors Ltd. Auto 0.08%Jindal Steel & Power Ltd. Ferrous Metals 0.07%Reliance Industries Ltd. Petroleum Products 0.05%Total 67.76%BONDS & NCDsListed / awaiting listing on the stock exchangesReliance Industries Ltd. CRISIL AAA 3.06%Bank of Baroda CARE AA 2.34%Indian Oil Corporation Ltd. CRISIL AAA 1.64%Vedanta Ltd. CRISIL AA 1.35%HDFC Bank Ltd. CRISIL AAA 1.29%ICICI Bank Ltd. [ICRA]AA+ 0.71%Total 10.39%MONEY MARKET INSTRUMENTSCertificate of Deposits**IndusInd Bank Ltd. CRISIL A1+ 2.27%Total 2.27%Margin Fixed DepositsHDFC Bank Ltd. Unrated 13.11%Total 13.11%TREPS / Reverse Repo Investments 4.18%Total 4.18%Cash & Cash EquivalentsNet Receivable/Payable 2.29%Total 2.29%Grand Total 100.00%DERIVATIVES / Stock Futures

Name of the Instrument Long / Short % to AUM

Housing Development Finance Corporation Ltd. 25-JUN-20 Short (4.07)

Bharti Airtel Ltd. 25-JUN-20 Short (3.56)Vedanta Ltd. 25-JUN-20 Short (3.47)Axis Bank Ltd. 25-JUN-20 Short (2.74)Reliance Industries Ltd. 25-JUN-20 Short (2.47)Hindustan Unilever Ltd. 25-JUN-20 Short (1.92)State Bank of India 25-JUN-20 Short (1.74)Grasim Industries Ltd. 25-JUN-20 Short (1.68)ICICI Bank Ltd. 25-JUN-20 Short (1.32)Sun Pharmaceutical Industries Ltd. Short (1.28)Maruti Suzuki India Ltd. 25-JUN-20 Short (1.22)Dr. Reddy's Laboratories Ltd. Short (0.97)Larsen & Toubro Ltd. 25-JUN-20 Short (0.78)The Federal Bank Ltd. 25-JUN-20 Short (0.76)Power Finance Corporation Ltd. Short (0.63)SRF Ltd. 25-JUN-20 Short (0.53)DLF Ltd. 25-JUN-20 Short (0.17)Total (29.31)

Top 10 Industries

BANK

Banks14.00%

Finance8.33% Petroleum

Products6.05%

Unrated13.11%

Consumer Non

Durables11.17%


Non-Ferrous Metals3.50%


Cement3.48%

29 May, 2020

CRISIL AAA5.99%

13


Baroda Conservative Hybrid FundAn open ended hybrid scheme investing pre-dominantly in debt instruments.

Portfolio


7.96%

0.20%

0.34%

0.72%

0.73%

0.95%

1.19%

1.43%

1.69%

1.93%

2.51%

3.63%

4.28%

72.44%



Consumer Durables

Banks

Auto

Chemicals

Telecom - Services

Petroleum Products

Finance

Pharmaceuticals

Software

Consumer Non Durables

CRISIL AA

Sovereign

Ratings

Riskometer

This product is suitable for investors who are seeking*• Regular Income and capital appreciation over medium term

with providing liquidity.• Investment in debt and money market instruments and in equity

and equity related instruments.* Investors should consult their financial advisers if in

doubt about whether the product is suitable for them.

Investment ObjectiveTo generate regular income through investment in debt and money market instruments and also to generate long term capital appreciation by investing a portion in equity and equity related instruments.

Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Fund Manager#

September 08, 2004

CRISIL Hybrid 85+15 - Conservative Index (effective February 1, 2018)



A. Growth Option (default option in case no option specified by investor); B. Monthly Dividend (default) 1. Payout 2. Re-investment (default sub-option in case no option specified by investor) C. Quarterly Dividend 1. Payout 2. Reinvestment (default sub-option in case no option specified by investor) D. Bonus Option$


Entry Load: NA

Exit Load: NIL

Ms. Hetal Shah


Average Maturity (Days) 2788

Modified Duration (Years) 5.69

Portfolio Yield (%) 5.96

Portfolio Characteristic

AAUM & AUM

AAUM ` 22.67 Crs

AUM ` 23.13 Crs

Plan A 2.05%


Total Expense Ratio

Plan A `

Growth 26.5873

Dividend - Monthly 14.1298

Dividend - Quarterly 13.7929

Plan B - Direct `

Growth 28.2989





% to NetAssets

EQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchangesInfosys Ltd. Software 2.17%Reliance Industries Ltd. Petroleum Products 1.42%Bharti Airtel Ltd. Telecom - Services 1.19%

Hindustan Unilever Ltd. Consumer Non Durables 1.11%


United Spirits Ltd. Consumer Non Durables 0.77%


Dabur India Ltd. Consumer Non Durables 0.61%

Britannia Industries Ltd. Consumer Non Durables 0.58%

Tata Consumer Products Ltd. Consumer Non Durables 0.56%

Divi's Laboratories Ltd. Pharmaceuticals 0.52%Housing Development Finance Corporation Ltd. Finance 0.50%SBI Life Insurance Company Ltd. Finance 0.50%

Escorts Ltd. Auto 0.49%Biocon Ltd. Pharmaceuticals 0.46%Alkem Laboratories Ltd. Pharmaceuticals 0.39%SBI Cards & Payment Services Ltd. Finance 0.35%

Tech Mahindra Ltd. Software 0.34%Bata India Ltd. Consumer Durables 0.34%Sanofi India Ltd. Pharmaceuticals 0.33%Maruti Suzuki India Ltd. Auto 0.24%IPCA Laboratories Ltd. Pharmaceuticals 0.23%Bajaj Finserv Ltd. Finance 0.19%

ABB India Ltd. Industrial Capital Goods 0.16%

Cholamandalam Investment & Finance Co. Ltd. Finance 0.15%ABB Power Products & Systems India Ltd.

Industrial Capital Goods 0.04%

Reliance Industries Ltd. Petroleum Products 0.01%Total 15.32%BONDS & NCDsListed / awaiting listing on the stock exchangesMuthoot Finance Ltd. CRISIL AA 4.28%Total 4.28%CENTRAL GOVERNMENT SECURITIES6.45% CGL 2029 Sovereign 56.94%7.17% CGL 2028 Sovereign 6.00%7.59% CGL 2026 Sovereign 4.70%8.24% CGL 2027 Sovereign 2.43%7.59% CGL 2029 Sovereign 2.37%Total 72.44%TREPS / Reverse Repo Investments 6.54%Total 6.54%Cash & Cash EquivalentsNet Receivable/Payable 1.42%Total 1.42%Grand Total 100.00%

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR.

Instruments

EQUITY & EQUITYRELATED

Central GovernmentSecurities

TREPS / Reverse RepoInvestments

Cash & CashEquivalents

BONDS & NCDs

72.44%

15.32%

6.54%4.28%1.42%

29 May, 2020

14


Baroda Credit Risk Fund (scheme has one segregated portfolio) An open ended debt scheme predominantly investing in AA and below rated corporate bonds.(Excluding AA+ rated corporate bonds)

Portfolio


11.56%

0.20%

0.50%

1.23%

5.30%

5.36%

7.85%

9.01%

23.63%

35.36%


Sovereign

BWR AA

CARE D

CARE AA

IND AA

[ICRA]AA

CRISIL AAA

CRISIL AA

[ICRA]A+

Ratings

Riskometer

This product is suitable for investors who are seeking*• Income over medium term.• Investment in a mix of debt and money market instruments

across the credit and maturity spectrum.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment Objective The primary objective of the Scheme is to generate returns by investing in debt and money market instruments across the credit spectrum. There is no assurance or guarantee that the investment objective of the Scheme will be realized.

Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Fund Managers#

January 23, 2015

CRISIL Short Term Credit Risk Index(Effective October 29, 2019)



A. Growth Option (default option in case no option specified by investor); B. Monthly Dividend 1. Payout 2. Re-investment (default sub-option in case no option specified by investor) C. Quarterly Dividend 1. Payout 2. Reinvestment (default sub-option in case no option specified by investor) D. Bonus Option$


Entry Load: NA

Exit Load: If units are redeemed upto 10% of the units, on or before one year from the date of allotment : Nil

If units are redeemed over and above the 10% limit, on or before one year from the date of allotment : 1% of the applicable Net Asset Value (NAV)

If units are redeemed after one year from the date of allotment: Nil

AAUM ` 345.61 Crs

AUM ` 318.89 Crs

AAUM ` 0.000 Crs

AUM ` 0.000 Crs





AAUM & AUM

SEGREGATED AAUM & AUM

Plan A 1.82%


Plan A NA

Plan B (Direct) NA

Total Expense Ratio

Segregated Total Expense Ratio

Plan A `Growth 13.4369Dividend - Monthly 9.3494Dividend - Quarterly 9.5337Plan B - Direct `Growth 14.2222Dividend - Monthly 9.7766Dividend - Quarterly 10.1398

Plan A `Growth 0.0000Dividend 0.0000Plan B - Direct `Growth 0.0000Dividend 0.0000


Segregated NAV as on 29 May 2020

NAV Per unit (Regular Plan - Growth Option)Date Main Portfolio Segregated Portfolio05/03/2020 14.5034 NA06/03/2020 14.1784 0.00Reduction in NAV (%) -2.24%

Impact of NAV

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR.**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.N** -> Non Traded Securities ; B** -> Below Investment Grade Security $ Note on Below Investment Grade Security Yes Bank Perpetual Bond classified separately as “Segregated Portfolio”: & The perpetual bonds of Yes Bank having market value of Rs 11,87,47,500 and interest accumulated Rs 86,06,557.38 as of 6th March2020 were downgraded to D.


% to NetAssets

CENTRAL GOVERNMENT SECURITIES6.68% CGL 2031 Sovereign 0.20%Total 0.20%BONDS & NCDsListed / awaiting listing on the stock exchangesEdelweiss Rural And Corporate Services Ltd.* [ICRA]A+ 16.55%

Motilal Oswal Home Finance Ltd. [ICRA]A+ 15.76%

IndusInd Bank Ltd. CRISIL AA 13.06%Vedanta Ltd. CRISIL AA 10.57%Piramal Enterprises Ltd. [ICRA]AA 7.85%Tata Power Company Ltd. IND AA 5.36%Indiabulls Housing Finance Ltd. CARE AA 5.30%Indian Railway Finance Corporation Ltd. CRISIL AAA 3.83%

Edelweiss Housing Finance Ltd.* [ICRA]A+ 3.05%

National Bank for Agriculture and Rural Development CRISIL AAA 2.04%


Tata Steel Ltd. BWR AA 0.50%Total 85.10%UnlistedPowergrid Vizag Transmission Ltd. CRISIL AAA 3.14%

Total 3.14%TREPS / Reverse Repo Investments 5.61%Total 5.61%Cash & Cash EquivalentsNet Receivable/Payable 5.95%Total 5.95%Grand Total 100.00%

BONDS & NCDsListed / awaiting listing on the stock exchangesYes Bank Ltd.N**B***$& [ICRA]D 0.00%Total 0.00%

Mr. Alok Sahoo


Mr. Karn Kumar&


& Mr. Karn Kumar is managing the Scheme along with Mr. Alok Sahoo effective July 24, 2017

Instruments

BONDS & NCDs



Unlisted

Central GovernmentSecurities85.10%

5.95%

5.61%3.14%

0.20%

Segregated portfolio1

Note: Pursuant to downgrade of securities issued by Yes Bank Ltd to below investment grade on 06 Mar, 2020, the AMC has created the segregated portfolios in the scheme post the approval of trustees, effective March 06, 2020. *Please refer to our website link for deviation in valuation of the security:https://www.barodamf.com/Downloads/pages/valuation-policy.aspx

29 May, 2020

15


Portfolio


Riskometer


• Credit risk free regular Income over long term.

• Investment only in Government (both Central and State Government) Securities.


Investment ObjectiveTo generate income by investing in a portfolio of Government securities.

Plan A 1.83%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Manager#

March 21, 2002

I SEC-MI BEX



A. Growth Option (default option in case no option specified by investor); B. Dividend 1. Payout 2. Re-investment (default sub-option in case no option specified by investor) C. Bonus Option$


Entry Load: NA

Exit Load: 0.25%, if redeemed on or before

1 month (30 days) from the date of allotment of units.

Nil, if redeemed after 1 month (30 days) from the date of allotment of units.

Ms. Hetal Shah


AAUM & AUM

AAUM ` 28.53 Crs

AUM ` 28.75 Crs





Baroda Gilt FundAn open ended debt scheme investing in government securities across maturity.

Plan A `

Growth 32.4131

Dividend 22.7764

Plan B- Direct `

Growth 34.5766

Dividend 29.7250



% to NetAssets

CENTRAL GOVERNMENT SECURITIES

7.26% CGL 2029 Sovereign 18.71%

8.24% CGL 2027 Sovereign 12.51%

6.68% CGL 2031 Sovereign 12.29%

7.59% CGL 2029 Sovereign 10.69%

8.28% CGL 2027 Sovereign 9.44%





Total 73.00%

STATE GOVERNMENT SECURITIES

8.11% SDL 2028 Sovereign 12.56%

9.39% SDL 2023 Sovereign 9.80%

Total 22.36%


Total 2.80%



Total 1.84%

Grand Total 100.00%

Ratings

4.64%

95.36%


Sovereign

Instruments

Central Government

Securities



State GovernmentSecurities

73.00%

22.36%

2.80% 1.84%

29 May, 2020

16


Portfolio


Riskometer


• Regular Income over medium term with providing liquidity.

• Investment in medium to long term corporate bonds and / or government securities and manage the portfolio dynamically through different interest rate cycles.


Investment ObjectiveThe investment objective of the scheme is to generate returns with liquidity by managing the portfolio dynamically through interest rate cycles.

Plan A 1.49%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

June 30, 2012

CRISIL Composite Bond Fund Index



A. Growth Option (default option in case no option specified by investor); B. Dividend 1. Payout 2. Re-investment (default sub-option in case no option specified by investor) C. Bonus Option$


Entry Load: NA

Exit Load: 3%, if redeemed within 3 months from the date of allotment of units;

2%, if redeemed between 3 months 1 day to 6 months from the date of allotment of units;

1%, if redeemed between 6 months 1 day to 1 year from the date of allotment of units;

Nil, if redeemed after 1 year from the date of allotment of units.

Mr. Alok Sahoo


Ms. Hetal Shah


AAUM & AUM

AAUM ` 21.64 Crs

AUM ` 21.44 Crs





Plan A `

Growth 17.2268

Dividend 12.9361

Plan B - Direct `

Growth 18.1501

Dividend 13.7834


Baroda Dynamic Bond Fund+

An open-ended dynamic debt scheme investing across duration.

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR.*Please refer to our website link for deviation in valuation of the security:https://www.barodamf.com/Downloads/pages/valuation-policy.aspx


% to NetAssets

CENTRAL GOVERNMENT SECURITIES

6.79% CGL 2027 Sovereign 19.57%

6.68% CGL 2031 Sovereign 16.97%

8.28% CGL 2027 Sovereign 13.19%

7.59% CGL 2026 Sovereign 12.69%


Total 71.13%

STATE GOVERNMENT SECURITIES





Total 10.52%

BONDS & NCDs

Listed / awaiting listing on the stock exchanges

Edelweiss Rural And Corporate Services Ltd.* [ICRA]A+ 8.80%


Total 10.57%


Total 5.04%



Total 2.74%

Grand Total 100.00%

Ratings

7.78%

1.77%

8.80%

81.65%


CARE D

[ICRA]A+

Sovereign

Instruments

Central GovernmentSecurities

BONDS & NCDs

State GovernmentSecurities


Cash & CashEquivalents71.13%

10.57%

10.52%

5.04%2.74%

+Effective January 14, 2019, Baroda Income Fund was merged with Baroda Dynamic Bond Fund and Baroda Income Fund has ceased to exist.

29 May, 2020

17


Baroda Short Term Bond FundAn open-ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years (please refer to pg 36 of SID).

Portfolio

^ The Dividend Option has been renamed as Monthly Dividend Option and a Quarterly Dividend Option has been introduced effective December 23, 2016.# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25

Riskometer


• Regular Income over short term.

• Investment predominantly in Money Market Instruments (i.e. CP/CD) and Short Term Debt Market Instruments.


Investment ObjectiveThe objective of the Scheme is to generate income from a portfolio constituted of short term debt and money market securities.

Plan A 1.35%


Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

June 30, 2010

CRISIL Short Term Bond Fund Index



A. Growth Option (default option in case no option specified by investor); B. Monthly Dividend^ 1. Payout 2. Re-investment (default sub-option in case no option specified by investor) C. Quarterly Dividend^ 1. Payout 2. Re-investment (default sub-option in case no option specified by investor)


Entry Load: NA

Exit Load: 0.25%, if redeemed on or before 15 days from the date of allotment of units.


Mr. Alok Sahoo


Ms. Hetal Shah


AAUM & AUM

AAUM ` 181.60 Crs

AUM ` 180.76 Crs




Macaulay duration (Years) 2.38


Plan A `

Growth 21.6337

Dividend 10.0473


Plan B - Direct `

Growth 22.6655

Dividend 10.0481



All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR.**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.*Please refer to our website link for deviation in valuation of the security:https://www.barodamf.com/Downloads/pages/valuation-policy.aspx


% to NetAssets

BONDS & NCDs

Listed / awaiting listing on the stock exchangesHindustan Petroleum Corporation Ltd. CRISIL AAA 11.48%

NHPC Ltd. IND AAA 11.00%

IndusInd Bank Ltd. CRISIL AA 9.91%

National Bank for Agriculture and Rural Development CRISIL AAA 8.73%

Muthoot Finance Ltd. CRISIL AA 8.27%

Tata Steel Ltd. BWR AA 8.00%

Edelweiss Rural And Corporate Services Ltd.* [ICRA]A+ 7.82%

Indian Railway Finance Corporation Ltd. CRISIL AAA 6.48%

Vedanta Ltd. CRISIL AA 4.80%

Larsen & Toubro Ltd. CRISIL AAA 3.99%

India Infoline Finance Ltd. [ICRA]AA 3.31%

Aditya Birla Finance Ltd. [ICRA]AAA 3.30%

Reliance Industries Ltd. CRISIL AAA 1.14%

Total 88.23%


Total 9.49%



Total 2.28%

Grand Total 100.00%

Ratings

11.77%

3.30%

3.31%

7.82%

8.00%

11.00%

22.98%

31.82%


[ICRA]AAA

[ICRA]AA

[ICRA]A+

BWR AA

IND AAA

CRISIL AA

CRISIL AAA

Instruments

BONDS & NCDs



88.23%

9.49%2.28%

29 May, 2020

18


Baroda Treasury Advantage Fund (scheme has one segregated portfolio)An open-ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months (please refer to pg 38 of SID).

Portfolio

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Treasury Advantage Fund (earlier called Institutional Plan)*For Disclaimer please refer page no 25# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25

Riskometer


• Regular income over short term with maintaining a balance between returns and liquidity.

• Investment predominantly in Money Market (i.e. CP/CDs) and Debt Market Instruments.


Investment ObjectiveThe main objective of the scheme is to provide optimal returns and liquidity through a portfolio comprising of debt securities and money market instruments.

Plan A 0.90%


Date of Inception

Benchmark

Plans & Option

Minimum Investment

Load Structure

Total Expense Ratio

Fund Managers#

June 24, 2009

CRISIL Low Duration Debt Index(Effective October 29, 2019)


A. Growth Option (default option in case no option specified by investor); B. Daily Dividend 1. Re-investment C. Weekly Dividend 1. Re-investment D. Monthly Dividend 1. Payout 2. Re-investment (default sub option in case no option specified by investor) E. Quarterly Dividend 1. Payout 2. Re-investment (default sub option in case no option specified by investor) F. Bonus Option$


Entry Load: NA

Exit Load: 3%, if redeemed within 3 months from the date of allotment of units;

2%, if redeemed between 3 months 1 day to 6 months from the date of allotment of units;

1%, if redeemed between 6 months 1 day to 1 year from the date of allotment of units;

Nil, if redeemed after 1 year from the date of allotment of units.

Mr. Alok Sahoo


Ms. Hetal Shah


AAUM & AUM

AAUM ` 39.59 Crs

AUM ` 36.26 Crs




Macaulay duration (Months) 9.38



Regular `Growth 1112.5157Dividend - Daily 527.9413Dividend - Weekly 523.9821Dividend - Monthly 525.0575Plan A `Growth 1140.7829Dividend - Daily 540.5918Dividend - Weekly 524.5282Dividend - Monthly 525.0552Dividend - Quarterly 541.8635Plan B - Direct `Growth 1167.7854Dividend - Daily 530.9167Dividend - Weekly 526.2809Dividend - Monthly 526.8409Dividend - Quarterly 549.7497

588.4338

Plan A `Growth 0.0000Dividend 0.0000Plan B - Direct `Growth 0.0000Dividend 0.0000



% to NetAssets

BONDS & NCDsListed / awaiting listing on the stock exchangesIndia Infoline Finance Ltd. [ICRA]AA 24.76%Indiabulls Housing Finance Ltd. CARE AA 11.66%

Muthoot Finance Ltd. CRISIL AA 10.92%

NHPC Ltd. IND AAA 6.09%Edelweiss Rural And Corporate Services Ltd.* [ICRA]A+ 5.20%

IndusInd Bank Ltd. CRISIL AA 2.39%Dewan Housing Finance Corporation Ltd.* CARE D 1.18%

Total 62.20%TREPS / Reverse Repo Investments 12.57%Total 12.57%Cash & Cash EquivalentsNet Receivable/Payable 25.23%Total 25.23%Grand Total 100.00%

BONDS & NCDs


Yes Bank Ltd.N**B***$& [ICRA]D 0.00%

Total 0.00%

Ratings

37.80%

1.18%

5.20%

6.09%

11.66%

13.31%

24.76%


CARE D

[ICRA]A+

IND AAA

CARE AA

CRISIL AA

[ICRA]AA

Instruments

BONDS & NCDs

Cash & Cash

Equivalents

TREPS / Reverse Repo

Investments62.20%

25.23%

12.57%

DHFL ( ISIN INE202B071K1) has defaulted in repaying the maturity proceeds in Baroda Treasury Advantage Fund on 9th September 2019. The marked down value of the instrument as on that date in the books was Rs.11.25 crores.All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND; BWR.**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.N** -> Non Traded Securities ; B** -> Below Investment Grade Security $ Note on Below Investment Grade Security Yes Bank Perpetual Bond classified separately as “Segregated Portfolio”: & The perpetual bonds of Yes Bank having market value of Rs 15,91,21,650 and interest accumulated Rs 1,15,32,786.89 as of 6th March2020 were downgraded to D.

Note: Pursuant to downgrade of securities issued by Yes Bank Ltd to below investment grade on 06 Mar, 2020, the AMC has created the segregated portfolios in the scheme post the approval of trustees, effective March 06, 2020. *Please refer to our website link for deviation in valuation of the security:https://www.barodamf.com/Downloads/pages/valuation-policy.aspx

Segregated portfolio1

AAUM ` 0.000 Crs

AUM ` 0.000 Crs

SEGREGATED AAUM & AUM

Plan A NA

Plan B (Direct) NA

Segregated Total Expense Ratio

Segregated NAV as on 29 May 2020Segregated NAV as on 29 May 2020

NAV Per unit (Regular Plan - Growth Option)Date Main Portfolio Segregated Portfolio05/03/2020 1564.3040 NA06/03/2020 1222.9117 0.00Reduction in NAV (%) -21.82%

Impact of NAV

29 May, 2020

19


Baroda Ultra Short Duration Fund(An open ended ultra short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months) (please refer to pg 37 of SID)

Portfolio

# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25

Riskometer


• Reasonable returns with convenience of liquidity over ultra-short Term.

• Investments in a basket of debt and money market in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months.


Investment Objective The primary objective of the Scheme is to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months (please refer to page no.37 of SID).However, there can be no assurance that the investment objective of the Scheme will be realized.

Date of Inception

Benchmark

SIP (Minimum)

Plans & Option

Minimum Investment

Load Structure

Fund Managers#

June 1, 2018

CRISIL Ultra Short Fund Index


Regular and Direct

A. Growth Option (default option in case no option specified by investor); B. Daily Dividend 1. Re-investment C. Weekly Dividend 1. Re-investment


Entry Load: NA Exit Load: NIL

Mr. Alok Sahoo


Ms. Hetal Shah





Macaulay duration (Months) 3.99


AAUM & AUM

AAUM ` 111.45 Crs

AUM ` 110.25 Crs

Regular 0.43%

Direct 0.25%

Total Expense Ratio

Regular `

Growth 1158.7729

Dividend - Daily 1006.1597

Dividend - Weekly 1005.2169

Direct `

Growth 1163.1107






% to NetAssets

MONEY MARKET INSTRUMENT

Commercial Paper**

Reliance Industries Ltd. CRISIL A1+ 22.47%

Total 22.47%

Certificate of Deposit**

Axis Bank Ltd. CRISIL A1+ 22.62%

ICICI Bank Ltd. [ICRA]A1+ 22.44%

IndusInd Bank Ltd. CRISIL A1+ 13.19%

Small Industries Development Bank of India

CRISIL A1+ 10.83%

Total 69.08%

BONDS & NCDs



CRISIL AAA 4.71%

Total 4.71%


Total 2.44%



Total 1.30%

Grand Total 100.00%

Ratings

3.74%

4.71%

22.44%

69.11%


CRISIL AAA

[ICRA]A1+

CRISIL A1+

Instruments

Certificate of Deposits

BONDS & NCDs

Commercial Paper


Investments

Cash & Cash

Equivalents69.08%

22.47%

4.71%2.44%1.30%

29 May, 2020

20


Portfolio

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Liquid Fund (earlier called Institutional Plan)# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25

Riskometer


• Regular income over short term with maintaining a balance between returns and liquidity.

• Investment predominantly in Money Market (i.e. CP/CDs) and Debt Market Instruments.


Investment ObjectiveTo generate income with a high level of liquidity by investing in a portfolio of money market and debt securities.

Date of Inception

Benchmark

Minimum Investment

Load Structure

February 5, 2009

CRISIL Liquid Fund Index


Entry Load: NA

Exit Load: (Effective October 20, 2019)

The above load shall be applicable for all fresh investments (including ongoing SIP/STP/SWP instalments falling on or after the effective date) and Dividend Transfer Plan if the transfer is from BLF on or after the effective date.

Regular `

Growth 3369.8350

Dividend 2887.1212


Plan A `

Growth 2290.0744



Plan B - Direct `

Growth 2306.3156




Baroda Liquid FundAn open ended liquid scheme



% to NetAssets

MONEY MARKET INSTRUMENT

Commercial Paper**

National Bank for Agriculture and Rural Development CRISIL A1+ 8.73%

Indian Oil Corporation Ltd. CRISIL A1+ 6.55%

National Housing Bank [ICRA]A1+ 6.55%

Reliance Jio Infocomm Ltd. CRISIL A1+ 5.43%

Reliance Industries Ltd. CRISIL A1+ 4.36%

Power Grid Corporation of India Ltd. CRISIL A1+ 3.26%

Total 34.88%

Certificate of Deposit**

Canara Bank IND A1+ 6.48%

Bandhan Bank Ltd. CRISIL A1+ 5.46%

Small Industries Development Bank of India CRISIL A1+ 0.75%

Total 12.69%

Treasury Bills

91 DAY T-BILL 13.08.20 Sovereign 9.66%

77 DAYS CMB 16.06.20 Sovereign 5.45%

84 DAYS CMB 20.08.20 Sovereign 5.42%



Total 29.11%


Total 28.71%



Total -5.39%

Grand Total 100.00%

Investor exit upon subscription

Exit load as % of Redemption proceeds

Day 1 0.0070%

Day 2 0.0065%Day 3 0.0060%Day 4 0.0055%Day 5 0.0050%Day 6 0.0045%Day 7 onwards 0.0000%

SIP (Minimum)

Plans & Option

Fund Managers#



A. Growth Option (default option in case no option specified by investor); B. Daily Dividend 1. Re-investment C. Weekly Dividend 1. Re-investment D. Bonus Option$

Mr. Alok Sahoo


Ms. Hetal Shah






AAUM & AUM

AAUM ̀ 4,061.36 Crs

AUM ̀ 4,208.35 Crs

Plan A 0.32%


Total Expense Ratio

Ratings

23.32%

6.48%

6.55%

29.11%

34.54%


IND A1+

[ICRA]A1+

Sovereign

CRISIL A1+

Instruments

Commercial Paper


Investments

Certificate of Deposits

Treasury Bills

34.88%

29.11%

28.71%

12.69%

- 5.39%

Cash & Cash

Equivalents

29 May, 2020

21


Investment ObjectiveThe primary objective of the scheme is to generate returns, commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of one business day. There is no assurance that the investment objective of the scheme will be realized.

Benchmark

Plans & Option

Minimum Investment

Load Structure

CRISIL Overnight Index

RegulaR and diRect


B. Dividend Option

The Dividend option offers the following sub-options1. Daily Dividend (default in case no sub-option is specified by the investor)2. Weekly DividendDividends, if any, declared by the scheme will be compulsorily re-invested.


Entry Load: NA

Exit Load: NIL

Date of InceptionApril 25, 2019

Baroda Overnight Fund(An open-ended debt scheme investing in overnight securities)

Portfolio

Name of Instruments% to Net

Assets


Total 99.43%



Total 0.57%

Grand Total 100.00%

Riskometer


• Generate returns, commensurate with low risk and high level of liquidity.

• Invest in overnight securities having maturity of one business day.


Regular `

Growth 1053.3362



Direct `

Growth 1053.9144




SIP (Minimum)

Fund Managers#


Mr. Alok Sahoo


Ms. Hetal Shah


AAUM & AUM

AAUM ` 128.43 Crs

AUM ` 72.93 Crs

Regular 0.15%

Direct 0.10%

Total Expense Ratio





# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 23 - 25

29 May, 2020

22


Investment ObjectiveThe primary objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.

Baroda Money Market FundAn open ended debt scheme investing in money market instruments.

Riskometer


• Regular income over short term.

• Investments in money market instruments having maturity upto 1 year.


Regular `

Growth 1060.0499




Direct `

Growth 1062.8713

Dividend - Daily NA

Dividend - Weekly NA

Dividend - Monthly NA


Portfolio



% to NetAssets

Treasury Bills


Total 88.82%


Total 10.91%



Total 0.27%

Grand Total 100.00%

Ratings

11.18%

88.82%


Sovereign

Instruments

Treasury Bills


Investments

Cash & Cash

Equivalents88.82%

10.91%0.27%

Benchmark

Plans & Option

Minimum Investment

Load Structure

CRISIL Money Market Index

RegulaR and diRect


B. Dividend Option

The Dividend option offers the following sub-options1. Daily Dividend • Re-investment2. Weekly Dividend • Re-investment3. Monthly Dividend • Pay-out and• Re-investment (default)Dividend declared by the Scheme in Daily Dividend and Weekly Dividend will be compulsorily re-invested.


Entry Load: NA

Exit Load: NIL

Date of InceptionJune 19, 2019






AAUM & AUM

AAUM ` 21.90 Crs

AUM ` 22.31 Crs

Regular 0.59%

Direct 0.32%

Total Expense Ratio

Fund Managers

Mr. Alok Sahoo


Mr. Karn Kumar


29 May, 2020

23


Investment Performance

Funds Managed by Mr. Sanjay Chawla & Mr. Dipak Acharya

Date Of Inception: 12/09/20031 Year 3 Years 5 Years

Since InceptionScheme Name & Benchmark

Baroda Multi Cap Fund (in %)^ -17.59 -3.70 1.04 13.49S&P BSE 500 TRI (Scheme Benchmark) (in %)* -18.93 -0.76 3.75 13.81Nifty 50 TRI (Standard Benchmark) (in %)$ -18.62 1.23 3.93 13.78` 10,000, if invested in BMCF, would have become ` 8,241 ` 8,932 ` 10,530 ` 83,010` 10,000, if invested in S&P BSE 500 TRI, would have become ` 8,107 ` 9,775 ` 12,024 ` 86,989` 10,000, if invested in Nifty 50 TRI, would have become ` 8,138 ` 10,372 ` 12,126 ` 86,627^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. * With effect from October 29, 2019 the benchmark has been changed to S&P BSE 500 TRI. Mr. Sanjay Chawla is managing the Scheme along with Mr. Dipak Acharya effective November 1, 2015.Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 12 Sep 2003 to 29 June 2007, and TRI values since 29 June 2007.



Baroda ELSS’ 96 (in %)^ -19.34 -5.71 -0.50 10.52S&P BSE 200 TRI (Scheme Benchmark) (in %)* -17.90 0.29 4.11 11.56Nifty 50 TRI (Standard Benchmark) (in %)$ -18.62 1.23 3.93 11.43` 10,000, if invested in BELSS’96, would have become ` 8,066 ` 8,385 ` 9,753 ` 112,249` 10,000, if invested in S&P BSE 200 TRI, would have become ` 8,210 ` 10,088 ` 12,232 ` 140,829` 10,000, if invested in Nifty 50 TRI, would have become ` 8,138 ` 10,372 ` 12,126 ` 136,967^Past performance may or may not be sustained in the future.Data is for Dividend Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns have been computed assuming that all payouts during the period have been reinvested in the units of the Scheme at the respective prevailing NAVs. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200. Mr. Sanjay Chawla is managing the Scheme along with Mr. Dipak Acharya effective November 1, 2015. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 31 Mar 1996 to 29 June 2007, and TRI values since 29 June 2007.



Baroda Hybrid Equity Fund (in %)^ -15.79 -2.67 1.99 9.79CRISIL Hybrid 35+65 - Aggressive index& (Scheme Benchmark) (in %) -6.69 3.81 6.36 12.05Nifty 50 TRI (Standard Benchmark) (in %)$ -18.62 1.23 3.93 13.78` 10,000, if invested in BHEF, would have become ` 8,421 ` 9,221 ` 11,039 ` 47,710` 10,000, if invested in CRISIL Hybrid 35+65 - Aggressive index (effective February 1, 2018), would have become ` 9,331 ` 11,186 ` 13,613 ` 67,023` 10,000, if invested in Nifty 50 TRI, would have become ` 8,138 ` 10,372 ` 12,126 ` 86,627^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Mr. Sanjay Chawla is managing the Scheme along with Mr. Dipak Acharya effective November 1, 2015.&(Benchmark has been renamed effective February 1, 2018). The equity component of the index has been changed from Nifty 50 to S&P BSE 200. The index will be total return index in the equity component from August 1, 2016 while the debt component will be total return since inception. Price return of S&P BSE 200 (equity component) will be used for computing index values prior to August 1, 2016. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).



Baroda Mid-Cap Fund (in %)^ -14.60 -3.09 -1.59 -2.54S&P BSE MidCap TRI (Scheme Benchmark)& (in %) -20.54 -5.79 3.23 5.13Nifty 50 TRI (Standard Benchmark) (in %)$ -18.62 1.23 3.93 5.96` 10,000, if invested in BMCF, would have become ` 8,540 ` 9,102 ` 9,231 ` 7,800` 10,000, if invested in S&P BSE MidCap TRI, would have become ` 7,946 ` 8,363 ` 11,724 ` 16,210` 10,000, if invested in Nifty 50 TRI, would have become ` 8,138 ` 10,372 ` 12,126 ` 17,498^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Mr. Sanjay Chawla is managing the Scheme with Mr. Dipak Acharya effective October 3, 2016. &(Scheme Benchmark has been changed to S&B BSE Mid-cap Index effective October 3, 2016)Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).



Baroda Large Cap Fund (in %)^ -15.37 -1.78 1.57 2.39Nifty 100 TRI (Scheme Benchmark)& (in %) -17.83 0.82 4.18 7.77Nifty 50 TRI (Standard Benchmark) (in %)$ -18.62 1.23 3.93 7.40` 10,000, if invested in BLCF, would have become ` 8,463 ` 9,476 ` 10,812 ` 12,650` 10,000, if invested in Nifty 100 TRI, would have become ` 8,217 ` 10,249 ` 12,277 ` 21,040` 10,000, if invested in Nifty 50 TRI, would have become ` 8,138 ` 10,372 ` 12,126 ` 20,340^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Mr. Sanjay Chawla is managing the Scheme with Mr. Dipak Acharya effective October 3, 2016. &(Scheme Benchmark has been changed to Nifty 100 effective October 3, 2016)Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).



Baroda Banking and Financial Services Fund (in %)^ -31.93 -5.76 0.47 6.62Nifty Bank Index TRI (Scheme Benchmark) (in %) -38.30 -5.83 1.24 9.35Nifty 50 TRI (Standard Benchmark) (in %)$ -18.62 1.23 3.93 9.48` 10,000, if invested in BBFSF, would have become ` 6,807 ` 8,370 ` 10,240 ` 16,640` 10,000, if invested in Nifty Bank Index TRI, would have become ` 6,170 ` 8,352 ` 10,635 ` 20,330` 10,000, if invested in Nifty 50 TRI, would have become ` 8,138 ` 10,372 ` 12,126 ` 20,529^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Funds Managed by Mr. Dipak Acharya

24



Date Of Inception: 14/11/20181 Year Since Inception

Scheme Name & BenchmarkBaroda Dynamic Equity Fund (in %)^ -0.84 4.0550% S&P BSE 200 Index and 50% CRISIL Short Term Bond Fund Index TRI (Scheme Benchmark) (in %) -3.15 3.13Nifty 50 TRI (Standard Benchmark) (in %)$ -18.62 -5.13` 10,000, if invested in BDEF, would have become ` 9,916 ` 10,630` 10,000, if invested in 50% S&P BSE 200 Index and 50% CRISIL Short Term Bond Fund Index TRI, would have become ` 9,685 ` 10,486` 10,000, if invested in Nifty 50 TRI, would have become ` 8,138 ` 9,222^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). The scheme has been in existence for more than 1 year but less than 3 years since inception.



Baroda Short Term Bond Fund (in %)^ 7.38 7.37 8.03 8.09CRISIL Short Term Bond Fund Index (Scheme Benchmark) (in %) 10.47 8.17 8.38 8.41CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.03 7.24 7.21 7.07` 10,000, if invested in BSTBF, would have become ` 10,738 ` 12,376 ` 14,717 ` 21,634` 10,000, if invested in CRISIL Short Term Bond Fund Index, would have become ` 11,047 ` 12,656 ` 14,961 ` 22,287` 10,000, if invested in CRISIL 1 year T-Bill, would have become ` 10,803 ` 12,331 ` 14,172 ` 19,698^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.



Baroda Liquid Fund (in %)^ 5.80 6.74 7.10 7.59CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 6.01 6.87 7.09 7.33CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.01 7.24 7.21 6.49` 10,000, if invested in BLF, would have become ` 10,580 ` 12,163 ` 14,094 ` 22,901` 10,000, if invested in CRISIL Liquid Fund Index, would have become ` 10,601 ` 12,209 ` 14,093 ` 22,276` 10,000, if invested in CRISIL 1 year T-Bill, would have become ` 10,801 ` 12,334 ` 14,169 ` 20,379^Past performance may or may not be sustained in the future.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `1000 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.



Baroda Treasury Advantage Fund (in %)^ -47.44 -15.94 -6.73 1.21CRISIL Low Duration Debt Index (Scheme Benchmark) (in %)* 8.22 7.87 8.12 7.74CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.03 7.24 7.21 6.59` 10,000, if invested in BTAF, would have become ` 5,256 ` 5,943 ` 7,057 ` 11,408` 10,000, if invested in CRISIL Low Duration Debt Index, would have become ` 10,822 ` 12,549 ` 14,785 ` 22,589` 10,000, if invested CRISIL 1 year T-Bill, would have become ` 10,803 ` 12,331 ` 14,172 ` 20,103^Past performance may or may not be sustained in the future.*With effect from October 29, 2019 the benchmark has been changed to CRISIL Low Duration Debt Index.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `1000 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

Impact of segregationFall in NAV - Mar 6, 2020 v/s Mar 5, 2020 : -21.82%



Baroda Dynamic Bond Fund (in %)^ -1.10 3.10 5.59 7.11CRISIL Composite Bond Fund Index (Scheme Benchmark) (in %) 13.07 8.63 9.14 9.13CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.03 7.24 7.21 7.33` 10,000, if invested in BDBF, would have become ` 9,890 ` 10,957 ` 13,129 ` 17,227` 10,000, if invested in CRISIL Composite Bond Fund Index, would have become ` 11,307 ` 12,816 ` 15,491 ` 19,977` 110,000, if invested CRISIL 1 year T-Bill, would have become ` 10,803 ` 12,331 ` 14,172 ` 17,509^Past performance may or may not be sustained in the future.Data is for for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.


Scheme Name & BenchmarkBaroda Overnight Fund (in %)^ 4.69 4.81CRISIL Overnight Index (Scheme Benchmark) (in %) 4.72 4.84CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.01 8.09` 10,000, if invested in BONF, would have become ` 10,469 ` 10,532` 10,000, if invested in CRISIL Overnight Index would have become ` 10,472 ` 10,534` 110,000, if invested CRISIL 1 year T-Bill, would have become ` 10,801 ` 10,895^Past performance may or may not be sustained in the future.Data is for for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `1000 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

Funds Managed by Mr. Sanjay Chawla, Mr. Alok Sahoo and Mr. Dipak Acharya

Funds Managed by Mr. Alok Sahoo and Ms. Hetal Shah

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Scheme Name & Benchmark

Baroda Ultra Short Duration Fund (in %)^ 6.98 7.67CRISIL Ultra Short Fund Index (Scheme Benchmark) (in %) 7.42 7.95CRISIL 1 Year T-Bill Index (Standard Benchmark)$ 8.03 7.95` 10,000, if invested in BUSDF, would have become ` 10,698 ` 11,588` 10,000, if invested in CRISIL Ultra Short Fund Index, would have become ` 10,742 ` 11,649` 10,000, if invested in CRISIL 1 Year T-Bill Index, would have become ` 10,803 ` 11,648^Past performance may or may not be sustained in the future.Data is for for Plan A - Growth Option. Regular and Direct have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.The scheme has been in existence for more than 1 year but less than 3 years since inception.



Baroda Credit Risk Fund (in %)^ -6.23 1.85 5.29 5.68CRISIL Short Term Credit Risk Index (Scheme Benchmark) (in %)* 10.14 8.38 8.87 8.92CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.03 7.24 7.21 7.28` 10,000, if invested in BCRF, would have become ` 9,377 ` 10,565 ` 12,941 ` 13,437` 10,000, if invested in CRISIL Short Term Credit Risk Index, would have become ` 11,014 ` 12,726 ` 15,300 ` 15,796` 10,000, if invested CRISIL 1 year T-Bill, would have become ` 10,803 ` 12,331 ` 14,172 ` 14,562^Past performance may or may not be sustained in the future.*With effect from October 29, 2019 the benchmark has been changed to CRISIL Short Term Credit Risk FUnd.Data is for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. Mr. Karn Kumar is managing the scheme along with Mr. Alok Sahoo since July 24, 2017.

Impact of segregationFall in NAV - Mar 6, 2020 v/s Mar 5, 2020 : -2.24%



Baroda Conservative Hybrid Fund (in %)^ 8.33 7.47 7.24 6.41CRISIL Hybrid 85+15 - Conservative Index& (Scheme Benchmark) (in %) 8.69 7.71 8.65 8.63CRISIL 10 Year Gilt Index (Standard Benchmark) (in %)$ 13.06 7.38 8.29 6.42` 10,000, if invested in BCHF, would have become ` 10,833 ` 12,411 ` 14,191 ` 26,587` 10,000, if invested in CRISIL Hybrid 85+15 - Conservative Index, would have become ` 10,869 ` 12,494 ` 15,149 ` 36,751` 10,000, if invested in CRISIL 10 Year Gilt Index, would have become ` 11,306 ` 12,378 ` 14,901 ` 26,618^Past performance may or may not be sustained in the future.Data is for for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. &(Benchmark has been renamed effective February 1, 2018). The equity component of the index has been changed from Nifty 50 to S&P BSE 200. The index will be total return index in the equity component from August 1, 2016 while the debt component will be total return since inception. Price return of S&P BSE 200 (equity component) will be used for computing index values prior to August 1, 2016.



Baroda Gilt Fund (in %)^ 11.26 7.47 7.81 6.67I-Sec Mi-BEX (Scheme Benchmark) (in %) 13.28 9.46 9.62 8.12CRISIL 10 Year Gilt Index (Standard Benchmark)$ 13.06 7.38 8.29 6.95` 10,000, if invested in BGF, would have become ` 11,126 ` 12,411 ` 14,571 ` 32,413` 10,000, if invested in I-Sec Mi-BEX, would have become ` 11,328 ` 13,111 ` 15,834 ` 41,387` 10,000, if invested in CRISIL 10 Year Gilt Index, would have become ` 11,306 ` 12,378 ` 14,901 ` 33,989^Past performance may or may not be sustained in the future.Data is for for Plan A - Growth Option. Plan A and Plan B (Direct) have different expense structures. The last working day of May has been considered in all cases. Returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.

Performances of Baroda Equity Savings Fund, Baroda Money Market Fund have not been provided as the schemes have not completed one year since inception.

Funds Managed by Ms. Hetal Shah

Disclaimers: Nifty Bank Index and Nifty 100: Baroda Large Cap Fund and Baroda Banking and Financial Services Fund (“said Schemes”) offered by Baroda Mutual Fund are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the said Schemes or any member of the public regarding the advisability of investing in securities generally or in the said Schemes linked to Nifty 100 and Nifty Bank Index or particularly in the ability of the Nifty Bank Index to track general stock market performance in India. Please read the full disclaimers in relation to the Nifty 100 and Nifty Bank Index in the Offer Document / Prospectus / Information Statement.

S&P BSE 200: Baroda ELSS’ 96 Fund and Baroda Dynamic Equity Fund (“said Scheme”) offered by Baroda Mutual Fund are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the said Scheme or any member of the public regarding the advisability of investing in securities generally or in the said Scheme linked to S&P BSE 200 or particularly in the ability of the S&P BSE 200 and to track general stock market performance in India. Please read the full disclaimers in relation to the S&P BSE 200 in the Offer Document / Prospectus / Information Statement.

S&P BSE 500: Baroda Multi Cap Fund (“said Scheme”) offered by Baroda Mutual Fund is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the said Scheme or any member of the public regarding the advisability of investing in securities generally or in the said Scheme linked to S&P BSE 500 or particularly in the ability of the S&P BSE 500 and to track general stock market performance in India. Please read the full disclaimers in relation to the S&P BSE 500 in the Offer Document / Prospectus / Information Statement.

S&P BSE Midcap Index is a product of AIPL, a joint venture among affiliates of S&P Dow Jones Indices LLC (“SPDJI”) and BSE Limited (“BSE”), and has been licensed for use by Baroda Asset Management India Ltd. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); BSE® is registered trademarks of BSE Limited; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by AIPL and sublicensed for certain purposes by Baroda Asset Management India Ltd. Baroda Mid-Cap Fund is not sponsored, endorsed, sold or promoted by SPDJI, BSE, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P BSE Midcap Index.

Funds Managed by Mr. Alok Sahoo and Mr. Karn Kumar

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SIP Returns

Baroda Multi Cap Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 2,010,000 Total Value as on May 29, 2020 (Rs) 106,303 312,277 566,281 902,733 1,521,106 4,514,018 Returns (%) -20.70 -9.06 -2.28 2.03 4.64 8.99 Total Value of S&P BSE 500 TRI* (Rs) 105,250 316,342 599,360 967,630 1,681,524 4,915,026 S&P BSE 500 TRI* Returns (%) -22.23 -8.25 -0.04 3.99 6.57 9.88 Total Value of Nifty 50 TRI (Rs) 105,176 327,748 620,547 975,953 1,677,504 4,908,612 Nifty 50 TRI Returns (%) -22.34 -6.03 1.33 4.23 6.53 9.86 *With effect from October 29, 2019 the benchmark has been changed to S&P BSE 500.Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 12 Sep 2003 to 29 June 2007, and TRI values since 29 June 2007.

Baroda ELSS’ 96 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 2,910,000 Total Value as on May 29, 2020 (Rs) 104,663 298,041 534,127 845,147 1,443,174 12,378,438 Returns (%) -23.08 -11.94 -4.57 0.17 3.62 10.50 Total Values of S&P BSE 200 TRI* (Rs) 105,863 322,888 612,467 984,979 1,714,775 16,464,735 S&P BSE 200 TRI* Returns (%) -21.34 -6.97 0.81 4.49 6.95 12.38 Total Value of Nifty 50 TRI (Rs) 105,176 327,748 620,547 975,953 1,677,504 15,423,679 Nifty 50 TRI Returns (%) -22.34 -6.03 1.33 4.23 6.53 11.95 * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200.Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI). As TRI data is not available since inception of the Scheme, benchmark performance is calculated using composite CAGR of the benchmark index Price Return values from 12 Sep 2003 to 29 June 2007, and TRI values since 29 June 2007.

Baroda Hybrid Equity Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 2,010,000 Total Value as on May 29, 2020 (Rs) 108,535 317,179 574,733 899,469 1,513,053 3,608,696 Returns (%) -17.43 -8.09 -1.70 1.93 4.54 6.60 Total Values of CRISIL Hybrid 35+65 – Aggressive Index (Rs) 114,489 360,474 673,219 1,070,416 1,832,448 4,911,394 CRISIL Hybrid 35+65 – Aggressive Index (%) -8.51 0.09 4.56 6.83 8.21 9.87 Total Value of Nifty 50 TRI (Rs) 105,176 327,748 620,547 975,953 1,677,504 4,908,862

Nifty 50 TRI Returns (%) -22.34 -6.03 1.33 4.23 6.53 9.86 The equity component of the index has been changed from Nifty 50 to S&P BSE 200. The index will be total return index in the equity component from August 1, 2016 while the debt component will be total return since inception. Price return of S&P BSE 200 (equity component) will be used for computing index values prior to August 1, 2016. Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Baroda Mid-Cap Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 360,000 600,000 840,000 NA 1,160,000 Total Value as on May 29, 2020 (Rs) 110,602 313,482 561,973 825,229 NA 1,149,791 Returns (%) -14.37 -8.82 -2.58 -0.50 NA -0.18 Total Values of S&P BSE MidCap TRI^^ (Rs) 104,010 289,137 541,789 940,745 NA 1,583,384 S&P BSE MidCap TRI ^^ Returns (%) -24.02 -13.79 -4.01 3.20 NA 6.28 Total Value of Nifty 50 TRI (Rs) 105,176 327,748 620,547 975,953 NA 1,595,454 Nifty 50 TRI Returns (%) -22.34 -6.03 1.33 4.23 NA 6.43 ^^Scheme benchmark has been changed to S&P BSE Mid-cap index effective October 3, 2016.Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Baroda Large Cap Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 360,000 600,000 840,000 NA 1,200,000 Total Value as on May 29, 2020 (Rs) 107,740 327,877 594,727 941,255 NA 1,489,011 Returns (%) -18.60 -6.00 -0.35 3.21 NA 4.23 Total Values of Nifty 100 TRI^^ (Rs) 105,896 326,204 618,775 985,951 NA 1,714,826 Nifty 100 TRI ^^ Returns (%) -21.29 -6.32 1.22 4.52 NA 6.95 Total Value of Nifty 50 TRI (Rs) 105,176 327,748 620,547 975,953 NA 1,676,016 Nifty 50 TRI Returns (%) -22.34 -6.03 1.33 4.23 NA 6.51 ^^Scheme benchmark has been changed to Nifty 100 effective October 3, 2016.Effective February 1, 2018, performance of the Scheme is benchmarked to the Total Return variant of the benchmark / standard benchmark index (TRI).

Baroda Banking and Financial Services Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 360,000 600,000 840,000 NA 960,000 Total Value as on May 29, 2020 (Rs) 88,773 279,293 532,191 863,824 NA 1,049,175 Returns (%) -44.79 -15.87 -4.71 0.79 NA 2.19 Total Value of Nifty Bank Index TRI (Rs) 84,922 264,614 526,434 884,829 NA 1,101,110 Nifty Bank Index TRI Returns (%) -49.67 -19.08 -5.14 1.47 NA 3.38 Total Value of Nifty 50 TRI (Rs) 105,176 327,748 620,547 975,953 NA 1,200,898 Nifty 50 TRI Returns (%) -22.34 -6.03 1.33 4.23 NA 5.51

Baroda Conservative Hybrid Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 360,000 600,000 840,000 1,200,000 1,890,000 Total Value as on May 29, 2020 (Rs) 125,482 410,580 733,268 1,122,087 1,826,822 3,412,732 Returns (%) 8.70 8.77 7.98 8.15 8.16 7.10 Total Value of CRISIL Hybrid 85+15 - Conservative Index (Rs) 125,618 409,996 745,206 1,160,407 1,922,772 3,944,210 CRISIL Hybrid 85+15 - Conservative Index (%) 8.92 8.67 8.62 9.10 9.13 8.75 Total Value of CRISIL 10 Year Gilt Index Returns (Rs) 128,014 422,608 750,061 1,146,680 1,830,192 3,503,218 CRISIL 10 Year Gilt Index Returns (%) 12.80 10.74 8.89 8.76 8.19 7.40

Baroda Dynamic Equity Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since InceptionTotal Amount Invested (Rs) 120,000 NA NA NA NA 190,000 Total Value as on May 29, 2020 (Rs) 119,275 NA NA NA NA 191,940 Returns (%) -1.13 NA NA NA NA 1.24 Total Value of 50% S&P BSE 200 Index and 50% CRISIL Short Term Bond Fund Index (TRI) (Rs) 117,199 NA NA NA NA 188,417

CRISIL 50% S&P BSE 200 Index and 50% CRISIL Short Term Bond Fund Index (TRI) (%) -4.36 NA NA NA NA -1.01

Total Value of Nifty 50 TRI (Rs) 105,176 NA NA NA NA 166,808 Nifty 50 TRI (%) -22.34 NA NA NA NA -14.91 Past performance may or may not be sustained in the future.For SIP calculations above, the data assumes the investment of `10000/- on 1st day of every month or the subsequent working day. Load & Taxes are not considered for computation of returns. Performance for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV.CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). Where Benchmark returns are not available, they have not been shown.

27


Record Date Ex-Dividend NAV (Rs) Per Unit$ (Rs)

Baroda Multi Cap Fund - Plan A - Dividend24-Mar-20 20.71 2.8022-Mar-19 30.20 2.8016-Mar-18 37.10 3.50Baroda Multi Cap Fund - Plan B - Direct - Dividend24-Mar-20 20.99 2.8022-Mar-19 30.33 2.8016-Mar-18 36.88 3.50Baroda ELSS 96 - Plan A - Dividend22-Mar-19 26.45 1.5516-Mar-18 32.86 3.2523-Mar-17 32.07 2.50 Baroda ELSS 96 - Plan B - Direct - Dividend22-Mar-19 32.18 1.5516-Mar-18 38.61 3.2523-Mar-17 36.88 2.50 Baroda Large Cap Fund - Plan A - Dividend22-Mar-19 11.22 0.95Baroda Large Cap Fund - Plan B - Direct - Dividend22-Mar-19 11.82 0.95Baroda Banking and Financial Services Fund - Plan A - Dividend22-Mar-19 15.23 1.8516-Mar-18 17.11 1.75Baroda Banking and Financial Services Fund - Plan B - Direct - Dividend22-Mar-19 16.23 1.8516-Mar-18 17.89 1.75Baroda Hybrid Equity Fund - Plan A - Dividend24-Mar-20 11.54 0.3724-Dec-19 15.07 0.3304-Oct-19 14.95 0.33Baroda Hybrid Equity Fund - Plan B - Direct - Dividend24-Mar-20 13.25 0.3024-Dec-19 17.22 0.3304-Oct-19 16.96 0.33Baroda Conservative Hybrid Fund - Plan A - Monthly Dividend27-May-20 14.8871 0.0727-Apr-20 14.0077 0.0727-Mar-20 13.7117 0.07Baroda Conservative Hybrid Fund - Plan B - Direct - Monthly Dividend27-May-20 14.8871 0.0727-Apr-20 14.7583 0.0727-Mar-20 14.4343 0.07Baroda Conservative Hybrid Fund - Plan A - Quarterly Dividend24-Mar-20 13.2766 0.2024-Dec-19 13.4556 0.2004-Oct-19 13.6305 0.20Baroda Conservative Hybrid Fund - Plan B - Direct - Quarterly Dividend24-Mar-20 13.2969 0.2024-Dec-19 13.5564 0.2027-Jun-19 13.5479 0.20Baroda Credit Risk Fund - Plan A - Quarterly Dividend24-Dec-19 10.1625 0.0504-Oct-19 10.2252 0.0827-Jun-19 10.1433 0.15Baroda Credit Risk Fund - Plan B - Direct - Quarterly Dividend24-Dec-19 10.7734 0.0504-Oct-19 10.8090 0.1027-Jun-19 10.6957 0.15Baroda Credit Risk Fund - Plan A - Monthly Dividend27-Feb-20 10.1651 0.0727-Jan-20 10.1231 0.0725-Oct-19 10.1291 0.07Baroda Credit Risk Fund - Plan B - Direct - Monthly Dividend27-Apr-20 10.1464 0.0727-Mar-20 10.3549 0.0727-Feb-20 10.7546 0.07

Record Date Ex-Dividend NAV (Rs) Per Unit$ (Rs)

Baroda Dynamic Bond Fund - Plan A - Dividend24-Mar-20 12.6931 0.2016-Mar-18 13.3863 1.0027-Jun-16 12.1528 0.40 Baroda Dynamic Bond Fund - Plan B - Direct - Dividend24-Mar-20 13.5158 0.2016-Mar-18 14.0540 1.0027-Jun-16 12.5981 0.40 Baroda Gilt Fund - Plan A - Dividend24-Mar-20 21.8348 0.2016-Mar-18 20.1217 1.5024-Jun-16 19.4927 1.20 Baroda Gilt Fund - Plan B - Direct - Dividend24-Mar-20 28.4562 0.20Baroda Liquid Fund - Plan A - Dividend04-Mar-05 1016.27 35.0006-Jan-04 1004.32 95.0013-May-02 1002.43 7.50Baroda Short Term Bond Fund - Plan A - Monthly Dividend27-May-20 10.0485 0.0627-Apr-20 10.0114 0.0627-Mar-20 10.1536 0.05Baroda Short Term Bond Fund - Plan B - Direct - Monthly Dividend27-May-20 10.0491 0.0627-Apr-20 10.0132 0.0627-Mar-20 10.1546 0.06Baroda Short Term Bond Fund - Plan A - Quarterly Dividend24-Dec-19 10.4020 0.1504-Oct-19 10.5125 0.15Baroda Short Term Bond Fund - Plan B - Direct - Quarterly Dividend24-Dec-19 10.5526 0.1504-Oct-19 10.6429 0.15Baroda Treasury Advantage Fund Reg - Monthly Dividend26-Apr-19 1001.01 3.4727-Mar-19 1000.99 8.8027-Feb-19 1000.40 1.48 Baroda Treasury Advantage Fund - Plan A - Monthly Dividend26-Apr-19 1001.01 3.4727-Mar-19 1000.99 8.8027-Feb-19 1000.40 1.48 Baroda Treasury Advantage Fund - Plan B - Direct - Monthly Dividend26-Apr-19 1001.05 3.7327-Mar-19 1001.01 9.0327-Feb-19 1000.42 1.74 Baroda Treasury Advantage Fund Reg - Quarterly Dividend27-Jun-14 1006.66 23.3821-Mar-14 1011.22 7.7924-Jun-16 1036.72 14.45Baroda Treasury Advantage Fund - Plan A - Quarterly Dividend22-Mar-19 1028.09 17.0026-Dec-18 1029.11 17.00 26-Sep-18 1035.45 17.00Baroda Treasury Advantage Fund - Plan B - Direct - Quarterly Dividend22-Mar-19 1039.25 18.0026-Dec-18 1040.36 17.00 26-Sep-18 1025.18 17.00Baroda Money Market Fund - Reg - Monthly Dividend27-May-20 1004.45 6.8627-Mar-20 1001.46 3.8227-Feb-20 1000.72 5.62

$ Face value is ` 10/- in all schemes other than Baroda Liquid Fund, Baroda Treasury Advantage Fund and Baroda Money Market Fund where the face value is ` 1,000/- per unit.# Pursuant to payment of dividend, the NAVs of the schemes would fall to the extent of payout and statutory levy (if applicable).

Dividend History

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KFIN Technologies Private Limited(Formerly known as Karvy Fintech Private Limited)Address and Contact details MFS Branches

• Agartala: Tel: 0381-2317519 Email: [email protected] • Agra: Tel: 7518801801 Email: [email protected] • Ahmedabad: Tel: 9081903021 Email: [email protected] • Ajmer: Tel: 0145-5120725 Email: [email protected] •Akola: Tel: 0724-2451874 Email: [email protected] • Aligarh: Tel: 7518801802 Email: [email protected] • Allahabad: Tel: 7518801803 Email: [email protected] • Alleppy: Tel: 0477 2263055 Email: [email protected] • Alwar: Tel: 0144-2335550 / 0144-2335551 Email: [email protected] • Amaravathi: Tel: 0721 2569198 Email: [email protected] • Ambala: Tel: 7518801804 Email: [email protected] • Amritsar: Tel: 0183-5053802 Email: [email protected] • Anand: Tel: 9081903038 Email: [email protected] • Ananthapur: Tel: 08554-244449 Email: [email protected] • Ankleshwar: Tel: 9081903037 Email: [email protected] • Asansol: Tel: 0341-2220077 Email: [email protected] •Aurangabad: Tel: 0240-2343414 Email: [email protected] • Azamgarh: Tel: 05462-247947 / 7518801805 Email: [email protected] • Balasore: Tel: 06782-260503 Email: [email protected] • Bangalore: Tel: 080-26602852 Email: [email protected] • Bankura: Tel: 03242-255964 Email: [email protected] • Bareilly: Tel: 7518801806 Email: [email protected] • Barhampore (WB): Tel: 0348- 2274494 / 0348-2254745 / 2309237 Email: [email protected] • Baroda: Tel: 0265-2353506/07 Email: [email protected] • Begusarai: Tel: 7518801807 Email: [email protected] • Belgaum: Tel: 0831 2402544 Email: [email protected] • Bellary: Tel: 08392-254750 Email: [email protected] • Berhampur (OR): Tel: 0680-2228106 Email: [email protected] • Betul: Tel: 07141-231301 Email: [email protected] • Bhagalpur: Tel: 7518801808 Email: [email protected] • Bharuch: Tel: 9081903042 Email: [email protected] • Bhatinda: Tel: 0164- 5006725 Email: [email protected] • Bhavnagar: Tel: 278-3003149 Email: [email protected] • Bhilai: Tel: 0788-2289499 / 2295332 Email: [email protected] • Bhilwara: Tel: 01482-246362 / 246364 Email: [email protected] • Bhopal: Tel: 0755-4092712 / 0755-4092715 Email: [email protected] • Bhubaneswar: Tel: 0674-2548981 / 0674-2360334 Email: [email protected] • Bikaner: Tel: 0151-2200014 Email: [email protected] • Bilaspur: Tel: 07752-470070 Email: [email protected] • Bokaro: Tel: 7542979444 / 06542-335616 Email: [email protected] • Burdwan: Tel: 0342-2665140 Email: [email protected] • Calicut: Tel: 0495-4022480 Email: [email protected] • Chandigarh: Tel: 0172-5101342 Email: [email protected] • Chandrapur: Tel: 07172-270262 / 07172-277584 Email: [email protected] • Chennai: Tel: 044-42028512 / 044-42028513 / 044-42028858 / Fax: 044-42028514 Email: [email protected] • Chinsura: Tel: 033-26810164 Email: [email protected] • Cochin: Tel: 0484 - 4025059 Email: [email protected] • Coimbatore: Tel: 0422 – 4388011/12/13/14 / 0422 - 4388451 Email: [email protected] • Cuttack: Tel: 0671-220 30 77 Email: [email protected] • Darbhanga: Tel: 7518801809 Email: [email protected] • Davangere: Tel: 0819-2258714 Email: [email protected] • Dehradun: Tel: 7518801810 Email: [email protected] • Deoria: Tel: 7518801811 Email: [email protected] • Dewas: Tel: 07272-426010 Email: [email protected] • Dhanbad: Tel: 9264445981 Email: [email protected] • Dharwad: Tel: 0836- 2744207 Email: [email protected] • Dhule: Tel: 02562-282823 Email: [email protected] • Dindigul: Tel: 0451- 2436177 Email: [email protected] • Durgapur: Tel: 0343-6512111 Email: [email protected] • Eluru: Tel: 08812-227851 / 52 / 53 / 54 / 9959152347 Email: [email protected] • Erode: Tel: 0424-4021212 Email: [email protected] • Faridabad: Tel: 7518801812 Email: [email protected] • Ferozpur: Tel: 01632-241814 Email: [email protected] • andhidham: Tel: 9081903027 Email: [email protected] • Gandhinagar: Tel: 079 23244955 Email: [email protected] • Gaya: Tel: 0631-2220065 Email: [email protected] • Ghaziabad: Tel: 7518801813 Email: [email protected] • Ghazipur: Tel: 7518801814 Email: [email protected] • Gonda: Tel: 7518801815 / 9453961547 Email: [email protected] • Gorakhpur: Tel: 7518801816 / 8081127735 Email: [email protected] • Gulbarga: Tel: 8088934338 Email: [email protected] • Guntur: Tel: 0863-2339094 Email: [email protected] • Gurgaon: Tel: 7518801817 Email: [email protected] • Guwahati: Tel: 8811036746 / 0361-2203324 Email: [email protected] • Gwalior: Tel: 7518801818 Email: [email protected] • Haldwani: Tel: 7518801819 Email: [email protected] • Haridwar: Tel: 7518801820 Email: [email protected] • Hassan: Tel: 08172 262065 Email: [email protected] • Hissar: Tel: 7518801821 Email: [email protected] • Hoshiarpur: Tel: 01882-500143 Email: [email protected] • Hubli: Tel: 0836-2252444 Email: [email protected] • Hyderabad: Tel: 040-44857874 / 75 / 76 Email: [email protected] • Indore: Tel: 0731-4266828/4218902 Email: [email protected] • Jabalpur: Tel: 0761- 4923301. Email: [email protected] • Jaipur: Tel: 1414167715/17 Email: [email protected] • Jalandhar: Tel: 0181-5094410 Email: [email protected] • Jalgaon: Tel: 9421521406 Email: [email protected] • Jalpaiguri: Tel: 03561-222136 Email: [email protected] • Jammu: Tel: 0191-2458820 / 2458818 Email: [email protected] • Jamnagar: Tel: 0288 3065810 / 2558887 Email: [email protected] • Jamshedpur: Tel: 0657-6655003 / 6655004 / 6655005 / 6655006 / 6655007 Email: [email protected] • Jaunpur: Tel: 7518801822 Email: [email protected] • Jhansi: Tel: 7518801823 Email: [email protected] • Jodhpur: Tel: 7737014590 Email: [email protected] • Junagadh: Tel: 0285-2652220 Email: [email protected] • Kannur: Tel: 0497-2764190 Email: [email protected] • Kanpur: Tel: 7518801824 Email: [email protected] • Karaikudi: Tel: 04565-237192 Email: [email protected]• Karimnagar: Tel: 0878-2244773 Email: [email protected] • Karnal: Tel: 0184-2252524 Email: [email protected] • Karur: Tel: 04324-241755 Email: [email protected] • haragpur: Tel: 03222-253380 Email:[email protected] • Kolhapur: Tel: 0231 2653656 Email: [email protected] • Kolkata: Tel: 033 66285900 Email: [email protected] • Kollam: Tel: 0474-2747055 Email: [email protected] • Korba: Tel: 7518801826 Email: [email protected] • Kota: Tel: 0744-5100964 Email: [email protected] • Kottayam: Tel: 0481-2300868 / 2302420 Email: [email protected] • Kurnool: Tel: 08518-228550 Email: [email protected] • Lucknow: Tel: 7518801830 / 0522-2236819 / 3213115 Email: [email protected] • Ludhiana: Tel: 0161-4648747 Email: [email protected] • Madurai: Tel: 0452-2605856 Email: [email protected] • Malappuram: Tel: 0483-2731480 Email: [email protected] • Malda: Tel: 03512-223763 Email: [email protected] • Mandi: Tel: 7518801833 Email: [email protected] • Mangalore: Tel: 0824-2496289 Email: [email protected] • Margao: Tel: 0832-2731823 Email: [email protected] • Mathura: Tel: 7518801834 Email: [email protected] • Meerut: Tel: 7518801835 Email: [email protected] • Mehsana: Tel: 02762-242950 Email: [email protected] • Mirzapur: Tel: 7518801836 Email:[email protected] • Moga: Tel: 01636 - 230792 Email: [email protected] •Moradabad: Tel: 7518801837 Email: [email protected] • Morena: Tel: 7518801838 Email: [email protected] • Mumbai: Tel: 022-66235353 Email: [email protected] • Muzaffarpur: Tel: 7518801839 Email: [email protected] • Mysore: Tel: 0821-2438006 Email: [email protected] • Nadiad: Tel: 0268-2563245 Email: [email protected] • Nagerkoil: Tel: 04652 – 233552 Email: [email protected] • Nagpur: Tel: 0712-2533040 Email: [email protected] • Namakkal: Tel: 04286-234801 Email: [email protected] •Nanded: Tel: 02462-237885 Email: [email protected] • Nasik: Tel: 0253-6608999 / 0755-3010732 Email: [email protected] • Navsari: Tel: 9081903040 Email: [email protected] • Nellore: Tel: 0861 2349940 Email: [email protected] • New Delhi: Tel: 011- 43681700 Email: [email protected] Fax: 011-43681710 • Nizamabad: Tel: 08462-224366 Email: [email protected] • Noida: Tel: 7518801840 Email: [email protected] • Palghat: Tel: 9895968533 / 0491 - 2547373 Email: [email protected] • Panipat: Tel: 7518801841 / 0180-3095517 Email: [email protected] • Panjim: Tel: 0832-2426873 / 2426874 Email: [email protected] •Pathankot: Tel: 0186-5080188 Email: [email protected] • Patiala: Tel: 0175-5004349 Email: [email protected] • Patna: Tel: 0612-4323066 Email: [email protected] • Pollachi: Tel: 04259-235111 / 235122 / 235133 Email: [email protected] • Pondicherry: Tel: 0413 2220640 Email: [email protected] • Proddatur: Tel: 08564 - 242898 Email: [email protected] • Pudukottai: Tel: 04322 - 220050 Email: [email protected] • Pune: Tel: 020-66496700 / 66496701 Email: [email protected] • Raipur: Tel: 0771-4912611 Email: [email protected] • Rajahmundry: Tel: 0883-2434468/70 Email: [email protected] • Rajapalayam: Tel: 04563 - 232952 Email: [email protected] • Rajkot: Tel: 9081903025 Email: [email protected] • Ranchi: Tel: 0651-2331320 Email: [email protected] • Ratlam: [email protected], 07412-320398, 07412-402009 • Renukoot: Tel: 7518801842 Email: [email protected] • Rewa: Tel: 7518801843 Email: [email protected] • Rohtak: Tel: 7518801844 Email: [email protected] • Roorkee: Tel: 7518801845 Email: [email protected] • Rourkela: Tel: 0661-2500005 Email: [email protected] • Sagar: Tel: 07582-402404 Email: [email protected] • Saharanpur: Tel: 7518801846 Email: [email protected] • Salem: Tel: 0427-4020300 Email: [email protected] • Sambalpur: Tel: 0663-2533437 Email: [email protected] • Satna: Tel: 7518801847Email:[email protected] • Shaktinagar: Tel: 7518801848 Email: [email protected] • Shillong: Tel: 0364 - 2506106 Email: [email protected] • Shimla: Tel: 7518801849 Email: [email protected] • Shimoga: Tel: 08182-228799 Email: [email protected] • Shivpuri: Tel: 7518801850 Email: [email protected] • Sikar: Tel: 01572-250398 Email: [email protected] • Silchar: Tel: 3842261714 Email: [email protected] • Siliguri: Tel: 0353-2522579 Email: [email protected] • Sitapur: Tel: 7518801851 Email: [email protected] •Sivakasi: Tel: 04562 228816 Email: [email protected] • Solan: Tel: 7518801852 Email: [email protected] • Solapur: Tel: 0217-2300021 / 2300318 Email: [email protected] • Sonepat: Tel: 7518801853 Email: [email protected] • Sri Ganganagar: Tel: 0154-2470177 Email: [email protected] • Srikakulam: Tel: 8942229925 / 9248009412 Email: [email protected] • Sultanpur: Tel: 7518801854 Email: [email protected] • Surat: Tel: 9081903041 / 9081903035 Email: [email protected] • Thanjavur: Tel: 04362-275415 Email: [email protected] • Thodupuzha: Tel: 04862-211209 Email: [email protected] • Tirunelveli: Tel: 0462 2335137 Email: [email protected] • Tirupathi: Tel: 9885995544 / 0877-2255797 Email: [email protected] • Tirupur: Tel: 0421-2214221 / 0421-2214319 Email: [email protected] • Tiruvalla: Tel: 0469-2603303 Email: [email protected] • Trichur: Tel: 0487- 6999987 Email: [email protected] • Trichy: Tel: 0431-4020227 Email: [email protected] • Trivandrum: Tel: 0471 - 2725728 Email: [email protected] • Tuticorin: Tel: 0461-2334603 Email: [email protected] • Udaipur: Tel: 0294 2429370 Email: [email protected] • Ujjain: Tel: 0734-4250007 / 4250007 Email: [email protected] • alsad: Tel: 02632-258481 Email: [email protected] • Vapi: Tel: 9081903028 Email: [email protected] • Varanasi: Tel: 7518801855 Email: [email protected] • Vellore: Tel: 0416 2215007 Email: [email protected] • Vijayanagaram: Soubhagya, Tel: 08922-236965 Email: [email protected] • Vijayawada: Tel: 0866-6604032 / 39 / 40 Email: [email protected] • Visakhapatnam: Tel: 0891-2714125 Email: [email protected] • Warangal: Tel: 0870-2441513 Email: [email protected] • Yamuna Nagar: Tel: 7518801857 Email: [email protected]

Baroda Mutual Fund - Investor Service Centre

Contact Points: Toll Free Number: 1-800-267 0189 (9 am to 6 pm – Monday to Saturday all business days and 9 am to 2 pm on 2nd & 4th Saturday of the month)Email: [email protected] | Website:www.barodamf.comRegistered OfficeBaroda Asset Management India Ltd. (Formerly known as Baroda Pioneer Asset Management Company Ltd.)CIN : U65991MH1992PLC069414501 Titanium, 5th Floor, Western Express Highway, Goregaon (E), Mumbai - 400063.Phone: +91 22 6848 1000 / 4219 7999. Fax: +91 22 6848 1001.Branch Offices DelhiBaroda Asset Management India Ltd. (Formerly known as Baroda Pioneer Asset Management Company Ltd.)Flat No. 103 & 104, First Floor,Prakash Deep Building, 7 Tolstoy Marg, New Delhi - 110001. Phone: +91 011- 43514662, Fax: +91 11 4592117ChennaiBaroda Asset Management India Ltd. (Formerly known as Baroda Pioneer Asset Management Company Ltd.)HP Complex, Flat No. 12, 3rd Floor, Door No. 124/1, 2 & 3 New No. 14, G. N. Chetty Road, T. Nagar, Chennai - 600017.Phone: +91 044- 2834 3530, Fax: +91 044 - 2834 3539LucknowBaroda Asset Management India Limited* (Formerly known as Baroda Pioneer Asset Management Company Ltd.)G - 101 Ground Floor, SKI High Building, 11/05, Park Road, Hazaratganj, Lucknow-226001Phone: +91 0522- 43514564* currently not an ISCBangaloreBaroda Asset Management India Limited(Formerly known as Baroda Pioneer Asset Management Company Limited)Raheja Arcade, No. 1/1, Commercial Permises No. 246, 2 nd Floor, Koramangala Industrial layout, Hosur Road, Bangalore - 560 095.

Phone: +91 080-25521375

Mutual Fund investments are subject to market risks,read all scheme related documents carefully.

Documents

Welcome to Baroda Mutual Fund - STAY HOME GO OUT · 2020. 6. 22. · Mutual fund investments are subject to market risks, read all scheme related documents carefully. May 2020