Baroda Pioneer Balance Fund

Baroda Pioneer Balance Fund’s performance has been rather unstable. This fund is managed by Dipak Acharya. It has underperformed the category average in most periods considered. You’d rather give this fund a miss for now. If already invested, exit now to invest in a better fund of the same category.

Where does Baroda Pioneer Balance Fund invest your money?

Baroda Pioneer Balance fund is an equity-oriented hybrid mutual fund which invests your money in both equity securities and debt securities. It has about 73.58% exposure in equities. Its equity portion is predominantly exposed to large cap stocks. And just to give kicker returns the fund has some exposure in mid cap companies as well. Large cap companies tend to be stable compared to mid cap and small cap companies. Baroda Pioneer Balance fund has 8.09% exposure to mid size companies and  and 91.91% exposure to large size companies.

Suitable for what?

The following needs if occurring between 3 and 5 years: -

  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
Not suitable for?
  • Creating wealth
  • Short term needs
  • Lifestyle needs
Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
How has Baroda Pioneer Balance Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched at Sept 2003, your value of investments would be around Rs 3.05 lakhs. If you had invested Rs 1 lakh five years back it would have become Rs 1.12 lakhs. The performance has not been better than the average mutual fund in this category. The fund has been giving at around 2.35% every year for those who stayed invested for last 5 years.

Assume you had invested Rs 10,000 every month in Baroda Pioneer Balance fund through SIP for the past 5 years today you would have around Rs 7.26 lakhs. 

What charges apply?

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Baroda Pioneer Balance fund is 3.26%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

Returns on equity oriented hybrid funds are absolutely tax-free provided you do not withdraw within a year of buying the units. Baroda Pioneer Balance fund does not qualify for sec 80C ELSS benefits.

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