Baroda BNP Paribas Innovation Fund Direct Growth

Baroda BNP Paribas Innovation Fund Direct Growth

Equity

Equity - Other

NAV as on 28-03-2025

₹ 11.13

▼-0.5%

1D

Inception Returns

10.4%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
180 people have invested ₹ 6.9L in Baroda BNP Paribas Innovation Fund Direct Growth in the last three months

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

  1. Baroda BNP Paribas Innovation Fund Direct Growth has ₹937 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Baroda BNP Paribas Innovation Fund Direct Growth has given a CAGR return of 10.45% since inception. Over the last 1 year the fund has given a CAGR return of 8.05%.

Holdings

Baroda BNP Paribas Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Government, Industrial, Financial Services, Health, Communication, Basic Materials, Consumer Defensive, Energy, Utilities. Its top holdings are Bharti Airtel Ltd, Info Edge (India) Ltd, Linde India Ltd, ICICI Bank Ltd, Zomato 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 benefit
Dividends 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 ratio0.55%
Benchmark
IISL Nifty 500 TR INR
AUM₹937 Cr
Inception Date7 March, 2024
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0.8%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (28-Mar-25)

Period
Baroda BNP Paribas Innovation Fund Direct Growth
Nifty 500
equity - other
1M
6.1%
7.3%
-
3M
-14.5%
-4.6%
-
6M
-16.1%
-12%
-
1Y
8%
5.4%
-

Fund Distribution

as on (28-Feb-25)

  • Equity 94.9%

  • Debt & Cash 5.1%

Large cap
42.8%
Mid cap
28%
Small cap
22.4%
Sector Allocation

Feb'25

Jan'25

Dec'24

Consumer Cyclical
19.3%
Tech
17.4%
Industrial
16.7%
Financial Services
16.4%
Health
8.9%
Communication
8.7%
Basic Materials
7.4%
Consumer Defensive
2.4%
Energy
2.3%
Utilities
0.6%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
2.53%
Nifty 500
-2.02%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 937 Cr
₹ 1.2K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 937 Cr as of Feb'25
  • AUM decreased by 241.6 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Zomato Ltd's allocation increased from 2.79% to 3.16%
Zomato Ltd's allocation increased from 2.79% to 3.16%
Bharti Airtel Ltd's allocation increased from 3.82% to 4.15%
Bharti Airtel Ltd's allocation increased from 3.82% to 4.15%
Angel One Ltd Ordinary Shares's allocation increased from 0.4% to 0.71%
Angel One Ltd Ordinary Shares's allocation increased from 0.4% to 0.71%
Top Stocks sold last month
Info Edge (India) Ltd's allocation decreased from 4.26 % to 3.93 %
Info Edge (India) Ltd's allocation decreased from 4.26 % to 3.93 %
Infosys Ltd's allocation decreased from 4.51 % to 2.97 %
Infosys Ltd's allocation decreased from 4.51 % to 2.97 %
Multi Commodity Exchange of India Ltd's allocation decreased from 2.94 % to 2.88 %
Multi Commodity Exchange of India Ltd's allocation decreased from 2.94 % to 2.88 %
Small Cap allocation has gone up from 21.6% to 22.4%
Small Cap allocation has gone up from 21.6% to 22.4%
Mid Cap allocation has gone down from 30.8% to 28%
Mid Cap allocation has gone down from 30.8% to 28%
Large Cap allocation has gone up from 41.9% to 42.8%
Large Cap allocation has gone up from 41.9% to 42.8%
Cash allocation has gone down from 4.7% to 4.1%
Cash allocation has gone down from 4.7% to 4.1%
Debt allocation has gone up from 0.9% to 1%
Debt allocation has gone up from 0.9% to 1%

Top 3 Sectors in February were Tech, Consumer Cyclical & Government

Feb'25
Consumer Cyclical
19%
Tech
17%
Government
17%
Jan'25
Tech
23%
Consumer Cyclical
19%
Government
16%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharti Airtel Ltd
Bharti Airtel Ltd
4.15%
0%
Info Edge (India) Ltd
Info Edge (India) Ltd
3.93%
-9.5%
Linde India Ltd
Linde India Ltd
3.65%
0%
ICICI Bank Ltd
ICICI Bank Ltd
3.28%
0%
Zomato Ltd
Zomato Ltd
3.16%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Baroda BNP Paribas Innovation Fund Direct Growth
Baroda BNP Paribas Innovation Fund Direct Growth
8.05%
-
-
10.45%
Franklin India Opportunities Fund - Direct - Growth
Franklin India Opportunities Fund - Direct - Growth
16.57%
28.9%
35.33%
17.84%
ICICI Prudential India Opportunities Fund Direct Growth
ICICI Prudential India Opportunities Fund Direct Growth
13.02%
24.84%
38.04%
22.76%
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
8.1%
22.06%
-
22.6%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Cummins India Ltd
Cummins India Ltd
8%
Bajaj Finance Ltd
Bajaj Finance Ltd
3.7%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
51
46
46
Top 5 Company Concentration
18.2%
19.1%
20.4%
Company having highest exposure
Bharti Airtel Ltd (4.1%)
Infosys Ltd (4.5%)
GE Vernova T&D India Ltd (4.4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
87%
88.5%
96.5%
Sector having highest exposure
Consumer Cyclical (19.3%)
Tech (23.3%)
Tech (27%)
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Pratish Krishnan
Pratish Krishnan
Fund Manager of Baroda BNP Paribas Innovation Fund Direct Growth, since 7 March 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Baroda BNP Paribas Aggressive Equity Hybrid Direct Growth
14.86%
13.16%
Baroda BNP Paribas Innovation Fund Direct Growth
0%
--
Baroda BNP Paribas Balanced Advantage Fund Direct Growth
13.62%
11.03%
Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total Schemes
42
See all BNP Paribas schemes
Total AUM
₹46.26K Cr
as on 28-Feb-2025
Address
Baroda BNP Paribas Mutual Fund,Crescenzo, 7th Floor, G-Block,,Bandra Kurla Complex
Phone
+912269209600
Website
service@barodabnpparibasmf.in

Baroda BNP Paribas Innovation Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.45% since inception which is more than its category average return of 8.66%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.9% in Equity, 1.04% in Debt and 4.06% in Cash related instruments
AUM size ₹937 Cr

AUM size ₹937 Cr

This fund has AUM of ₹937 Cr which is less than its category average of ₹ 2053 Cr
Expense Ratio 0.55%

Expense Ratio 0.55%

This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.31%

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5Y CAGR

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Baroda BNP Paribas Banking and Financial Services Fund Direct Growth

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5Y CAGR

▲ 21.99

Baroda BNP Paribas India Consumption Direct Growth

Baroda BNP Paribas India Consumption Direct Growth

5Y CAGR

▲ 24.37

Baroda BNP Paribas Large and Mid Cap Fund Direct Growth

Baroda BNP Paribas Large and Mid Cap Fund Direct Growth

3Y CAGR

▲ 16.85

Baroda BNP Paribas Multi Cap Fund Direct Growth Option

Baroda BNP Paribas Multi Cap Fund Direct Growth Option

5Y CAGR

▲ 29.26

Frequently Asked Questions for Baroda BNP Paribas Innovation Fund Direct Growth

The current NAV of Baroda BNP Paribas Innovation Fund Direct Growth is ₹11.13 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Baroda BNP Paribas Innovation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.11%
6.11%
6 Month Returns
-16.12%
-16.12%
1 Year Returns
8.05%
8.05%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.55% as on March 2025
₹937 Cr as on March 2025
Bharti Airtel Ltd(4.15%), Info Edge (India) Ltd(3.93%), Linde India Ltd(3.65%), ICICI Bank Ltd(3.28%), Zomato Ltd(3.16%) as on March 2025
Consumer Cyclical(18.29%), Tech(16.48%), Industrial(15.87%) as on March 2025
The alpha ratio for the Baroda BNP Paribas Innovation Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Baroda BNP Paribas Innovation Fund Direct Growth
-
-
-
As on March 2025
The alpha for Baroda BNP Paribas Innovation Fund Direct Growth is calculated against IISL Nifty 500 TR 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 Innovation Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Baroda BNP Paribas Innovation Fund Direct Growth
-
-
-
As on March 2025
The Beta for Baroda BNP Paribas Innovation Fund Direct Growth is calculated with IISL Nifty 500 TR 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 Innovation 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 Innovation Fund Direct Growth
-
-
-
As on March 2025
The sharpe ratio for Baroda BNP Paribas Innovation Fund Direct Growth is calculated with IISL Nifty 500 TR 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 Innovation 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 Innovation Fund Direct Growth
-
-
-
As on March 2025
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.
Pratish Krishnan is the fund manager of Baroda BNP Paribas Innovation Fund Direct Growth
The Exit load of Baroda BNP Paribas Innovation Fund Direct Growth is 1%