Baroda BNP Paribas Innovation Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-12-2024
₹ 13.01
1D
Inception Returns
32.1%
/yr
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 ₹1148 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Baroda BNP Paribas Innovation Fund Direct Growth has given a CAGR return of 32.15% since inception.
Holdings
Baroda BNP Paribas Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Government, Consumer Cyclical, Industrial, Financial Services, Communication, Health, Basic Materials, Consumer Defensive, Energy. Its top holdings are Infosys Ltd, Info Edge (India) Ltd, Trent Ltd, PB Fintech Ltd, Bharti Airtel 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 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 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.
Historical NAV & Returns
Baroda BNP Paribas Innovation Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹1148 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 (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 0.53% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.13% in Nov'24
- AUM of the fund stands at 1.1K Cr as of Nov'24
- AUM decreased by 40 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Tech, Government & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 3.91% | 0% | |
 Info Edge (India) Ltd | 3.8% | 0% | |
 Trent Ltd | 3.76% | 0% | |
 PB Fintech Ltd | 3.64% | 0% | |
 Bharti Airtel Ltd | 3.25% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
PB Fintech Ltd | 25.4% |
 Info Edge (India) Ltd | 16.4% |
 Zomato Ltd | 7.6% |
Baroda BNP Paribas Innovation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1148 Cr
Expense Ratio 0.25%
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 | 7.82% | 7.82% |
6 Month Returns | 12.8% | 12.8% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 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 | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
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