Baroda BNP Paribas Innovation Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-02-2025
₹ 11.1
▲1%
1D
Inception Returns
11.7%
/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 ₹1054 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Baroda BNP Paribas Innovation Fund Direct Growth has given a CAGR return of 11.70% since inception.
Holdings
Baroda BNP Paribas Innovation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Government, Industrial, Financial Services, Communication, Health, Basic Materials, Consumer Defensive, Energy, Utilities. Its top holdings are Infosys Ltd, Info Edge (India) Ltd, Bharti Airtel Ltd, Linde India 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.
Historical NAV & Returns
Baroda BNP Paribas Innovation Fund Direct Growth Overview
| Expense ratio | 0.54% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹1054 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 (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 1.2K Cr as of Jan'25
- AUM increased by 30.5 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Tech, Government & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 4.51% | 0% | |
 Info Edge (India) Ltd | 4.26% | 0% | |
 Bharti Airtel Ltd | 3.82% | 7.8% | |
 Linde India Ltd | 3.44% | 35.1% | |
 TVS Motor Co Ltd | 3.1% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 5.5% |
 Bharti Airtel Ltd | 0.3% |
Baroda BNP Paribas Innovation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1054 Cr
Expense Ratio 0.54%
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 | -8.4% | -8.4% |
6 Month Returns | -10.52% | -10.52% |
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 | - | - | - |
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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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