Is Baroda Pioneer Mutual Fund SIP Online Good for Investors?

Is Baroda Pioneer Mutual Fund SIP Online Good for Investors?

Baroda Pioneer Mutual Fund is a reputed asset management company offering a wide range of equity, debt and hybrid schemes. As an investor, you can invest either via a lump sum or a Systematic Investment Plan (SIP). A lump sum, as the name suggests, is a one-time investment in mutual funds. Whereas, an SIP allows you to invest at any of monthly, quarterly, half-yearly or annual intervals. Since ​Baroda Pioneer Mutual Fund SIP Online​ gives you the power of compounding and cost averaging, it becomes rather possible to achieve your long-term goals using the same. Let’s see the top-performing Baroda Pioneer Mutual Fund​ Schemes across categories.

Which Baroda Pioneer Equity Funds Have Performed Brilliantly?

Baroda Banking and Financial Services Fund ​- This fund invests a major chunk in stocks of banks and financial services companies. It has given a fabulous 22.12% return in 1-year period. The 3-year returns of the fund stand at a respectable 13.44%. On the other hand, the fund has given a return of 9.48% and 11.99% in 5 and 7 years, respectively.

Baroda ELSS 96 Fund ​- This tax-saver plan helps individuals get tax deductions upto 1.5 lakh a year. The last 6 months have been spectacular with 11.98% return. Whereas, the 1-year return has come down by a few, but still reasonably good given the overall market scenario, to 8.77%. It went through dark middle phases to attain 10.85% return in 7 years.

Which Baroda Pioneer Debt Mutual Funds Should You Invest in?

Baroda Short Term Bond Fund ​- The fund, which invests in bonds having short-term maturities, has offered a very commanding 9.68% return in the last one year. On the other hand, the 3-year. 5-year and 7-year returns are 7.94%, 8.43% and 8.55%, respectively.

Baroda Pioneer Liquid Fund -​ This fund invests mainly in money-market instruments such as certificates of deposits, treasury bills, commercial paper, etc. In the last one year, the fund has delivered 6.39% return. The last 3 and 5-year returns of the fund were

6.87% and 7.30%, respectively. Whereas, the fund has delivered an impressive 7.83% return in 7 years.

Which Baroda Pioneer Hybrid Fund Should You Invest in?

Baroda Conservative Hybrid Fund ​- The fund invests around 25% of the corpus in equities and the rest in debt instruments. Suitable mainly for investors with a low to medium risk appetite, the fund has provided a return of 12.35%, 7.26%, 7.15%, 8.38% and 7.80% in 1, 3,5, 7 and 10 years, respectively.

How is Baroda Pioneer Mutual Fund NAV Calculated?

The return you see is the movement of the price of the securities in which your money is put. The more the price goes upward, the more the return will be. The price of a ​mutual fund​ unit is called Net Asset Value (NAV) in the mutual fund terminology. The value of the underlying securities is added up first. The outstanding is then subtracted from the total of the value of securities. Whatever comes out is divided by the number of units held. So, every trading day, ​Baroda Pioneer Mutual Fund NAV​ will be calculated following this methodology.