Baroda BNP Paribas Balanced Advantage Fund Direct Growth

Baroda BNP Paribas Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 14 November, 2018. The fund is managed by Gurvinder Wasan, Sanjay Chawla, Pratish Krishnan. This fund gives you the benefit of diversification.

1. Baroda BNP Paribas Balanced Advantage Fund Direct Growth has ₹4213 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
2. The fund has an expense ratio 0.7.
   

Baroda BNP Paribas Balanced Advantage Fund Direct Growth has given a CAGR return of 16.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.41%, 15.01% and 17.65% respectively.

Baroda BNP Paribas Balanced Advantage Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government, Financial Services, Industrial, Energy, Tech, Consumer Cyclical, Securitize, Utilities, Health, Communication, Consumer Defensive, Real Estate, Basic Materials.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The 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.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Balanced Advantage Fund Direct Growth has no lock in period.