Baroda BNP Paribas Innovation Fund Direct Growth
NAV as on 23-04-2025
₹ 11.57
▲0.9%
1D
Inception Returns
13.6%
/yr
Historical NAV & Returns
About Baroda BNP Paribas Innovation Fund Direct Growth
Baroda BNP Paribas Innovation Fund Direct Growth is an equity fund. This fund was started on 7 March, 2024. The fund is managed by Pratish Krishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Baroda BNP Paribas Innovation Fund Direct Growth has ₹974 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Baroda BNP Paribas Innovation Fund Direct Growth has given a CAGR return of 13.58% since inception. Over the last 1 year the fund has given a CAGR return of 10.49%.
Holdings
Baroda BNP Paribas Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Government, Industrial, Tech, Financial Services, Health, Communication, Basic Materials, Consumer Defensive, Energy. Its top holdings are Bharti Airtel Ltd, Info Edge (India) Ltd, Linde India Ltd, ICICI Bank Ltd, TVS Motor Co Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Baroda BNP Paribas Innovation Fund Direct Growth
The investment objective of the scheme is to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Baroda BNP Paribas Innovation Fund Direct Growth has no lock in period.
Baroda BNP Paribas Innovation Fund Direct Growth Overview
| Expense ratio | 0.55% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹974 Cr |
| Inception Date | 7 March, 2024 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0.8% |
| 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 (23-Apr-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 6.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 1.14% in Mar'25
- AUM of the fund stands at 937 Cr as of Mar'25
- AUM has remained same between Mar'25 and Feb'25
Top 3 Sectors in March were Consumer Cyclical, Tech & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 4.4% | 0% | |
 Info Edge (India) Ltd | 3.88% | 0% | |
 Linde India Ltd | 3.71% | 0% | |
 ICICI Bank Ltd | 3.53% | 0% | |
 TVS Motor Co Ltd | 3.31% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Baroda BNP Paribas Innovation Fund Direct Growth | 10.49% | - | - | 13.58% |
 Sundaram Services Direct Growth | 17.98% | 18.79% | 29.73% | 21.41% |
 ICICI Prudential India Opportunities Fund Direct Growth | 15.43% | 24.31% | 35.97% | 23.21% |
ICICI Prudential Business Cycle Fund Direct Growth | 11.18% | 22.03% | - | 23.03% |
Top Growth Drivers | 1M Return |
|---|---|
 ICICI Bank Ltd | 4.3% |
Baroda BNP Paribas Innovation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹974 Cr
Expense Ratio 0.55%
Frequently Asked Questions for Baroda BNP Paribas Innovation Fund Direct Growth
Baroda BNP Paribas Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.01% | 3.01% |
6 Month Returns | -9.56% | -9.56% |
1 Year Returns | 10.49% | 10.49% |
3 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | 2.24 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | 1.13 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | 0.15 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | 20.81 | - | - |