Baroda BNP Paribas Banking and Financial Services Fund Direct Growth
Equity
Direct
Sector - Financial Services
NAV as on 06-01-2025
₹ 47.87
1D
Inception Returns
12.4%
/yr
About Baroda BNP Paribas Banking and Financial Services Fund Direct Growth
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has ₹204 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has given a CAGR return of 12.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.74%, 16.81% and 12.18% respectively.
Holdings
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Axis Bank Ltd, Kotak Mahindra Bank Ltd
Taxation
As it is a sector - financial services mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Baroda BNP Paribas Banking and Financial Services Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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20 people have invested ₹ 2.4L in Baroda BNP Paribas Banking and Financial Services Fund Direct Growth in the last three months
INDmoney Rank for Baroda BNP Paribas Banking and Financial Services Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth Overview
| Expense ratio | 0.98% |
Benchmark | S&P BSE BANKEX INR |
| AUM | ₹204 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0.75% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (06-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
74.8%
Mid cap
13.8%
Small cap
5.5%
Sector Allocation
Financial Services
97.4%
Tech
2.6%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.32% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.92% in Nov'24
- AUM of the fund stands at 204.5 Cr as of Nov'24
- AUM increased by 12.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 19.01% to 22%
PB Fintech Ltd's allocation increased from 1.28% to 2.27%
Kotak Mahindra Bank Ltd's allocation increased from 3.51% to 4.44%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 19.17 % to 18.12 %
State Bank of India's allocation decreased from 7.32 % to 7.04 %
Axis Bank Ltd's allocation decreased from 6.04 % to 5.56 %
Small Cap allocation has gone down from 6% to 5.5%
Mid Cap allocation has gone down from 14% to 13.8%
Large Cap allocation has gone up from 73.2% to 74.8%
Cash allocation has gone down from 2% to 1.7%
Debt allocation has gone down from 0.4% to 0%
Top 3 Sectors in November were Financial Services, Government & Tech
Nov'24
Financial Services
97%
Tech
3%
Oct'24
Financial Services
99%
Government
8%
Tech
1%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 22% | 19% | |
 ICICI Bank Ltd | 18.12% | 0% | |
 State Bank of India | 7.04% | 0% | |
 Axis Bank Ltd | 5.56% | 0% | |
 Kotak Mahindra Bank Ltd | 4.44% | 32.1% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Muthoot Finance Ltd | 14.9% |
 CRISIL Ltd | 13.8% |
PB Fintech Ltd | 10.5% |
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Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total Schemes
Total AUM
₹46.97K Cr
as on 29-Nov-2024
Address
Baroda BNP Paribas Mutual Fund,Crescenzo, 7th Floor, G-Block,,Bandra Kurla Complex
Phone
+912269209600
Website
service@barodabnpparibasmf.in
Mutual Fund Insights
In the last 1 year, Invesco India Financial Services Fund Direct Plan Growth has given 22.85% return, outperforming this fund by 7.11%.
In the last 5 years, Invesco India Financial Services Fund Direct Plan Growth has given 16.41% return, outperforming this fund by 4.23% per annum.
In the last 3 years, Invesco India Financial Services Fund Direct Plan Growth has given 20.55% return, outperforming this fund by 3.74% per annum.
Over the last 6 months, this fund has experienced a 49.5% growth in AUM moving from 136.78 Cr to 204.47 Cr.
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.36% since inception which is less than its category average return of 15%
Fund Allocations
This fund has an allocation of 98.29% in Equity, 0% in Debt and 1.71% in Cash related instruments
AUM size ₹204 Cr
This fund has AUM of ₹204 Cr which is less than its category average of ₹ 1764 Cr
Expense Ratio 0.98%
This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions for Baroda BNP Paribas Banking and Financial Services Fund Direct Growth
The current NAV of Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is ₹47.87 as on 06-Jan-2025.
Existing (Absolute + CAGR) as on 06-Jan-2025.
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.53% | -1.53% |
6 Month Returns | 3.52% | 3.52% |
1 Year Returns | 15.74% | 15.74% |
3 Years Returns | 59.37% | 16.81% |
5 Years Returns | 77.68% | 12.18% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.98% as on December 2024
₹204 Cr as on December 2024
HDFC Bank Ltd(22%), ICICI Bank Ltd(18.12%), State Bank of India(7.04%), Axis Bank Ltd(5.56%), Kotak Mahindra Bank Ltd(4.44%) as on December 2024
The alpha ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 3.85 | 5.42 | 1.31 |
As on December 2024
The alpha for Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 0.79 | 0.94 | 0.95 |
As on December 2024
The Beta for Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 0.64 | 0.77 | 0.38 |
As on December 2024
The sharpe ratio for Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Baroda BNP Paribas Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | 10.68 | 14.33 | 24.32 |
As on December 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.55 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.15 as on December 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Baroda BNP Paribas Banking and Financial Services Fund Direct Growth is 1%