Baroda BNP Paribas Innovation Fund Direct Growth

Baroda BNP Paribas Innovation Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 19-11-2024

₹ 12.28

▲0.8%

1D

Inception Returns

22.6%

/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 . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Baroda BNP Paribas Innovation Fund Direct Growth has ₹1138 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Baroda BNP Paribas Innovation Fund Direct Growth has given a CAGR return of 22.56% 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 benefit
Dividends 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

Annualised
▲
▼

zero opening, trading, fund transfer fee
207 people have invested ₹ 9.3L in Baroda BNP Paribas Innovation Fund Direct Growth in the last three months

Baroda BNP Paribas Innovation Fund Direct Growth Overview

Expense ratio0.25%
Benchmark
IISL Nifty 500 TR INR
AUM₹1138 Cr
Inception Date7 March, 2024
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0.8%
STCGRedeeming 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 (19-Nov-24)

Period
Baroda BNP Paribas Innovation Fund Direct Growth
Nifty 500
equity - other
1M
-7%
-6.1%
-
3M
-1.7%
-5.5%
-
6M
10%
4.1%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 96.3%

  • Debt & Cash 3.7%

Large cap
35.4%
Mid cap
35.1%
Small cap
23.9%
Sector Allocation

Oct'24

Sep'24

Aug'24

Tech
25.4%
Consumer Cyclical
19.6%
Industrial
17.3%
Financial Services
13%
Communication
7.4%
Health
6.9%
Basic Materials
5.6%
Consumer Defensive
2.8%
Energy
2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-3.98%
2.49%
2.73%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -3.98% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 2.54% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.2K Cr
₹ 1.2K Cr
₹ 1.2K Cr
  • AUM of the fund stands at 1.2K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Protean eGov Technologies Ltd's allocation increased from 1.44% to 2.04%
Protean eGov Technologies Ltd's allocation increased from 1.44% to 2.04%
Mrs Bectors Food Specialities Ltd Ordinary Shares's allocation increased from 2.2% to 2.63%
Mrs Bectors Food Specialities Ltd Ordinary Shares's allocation increased from 2.2% to 2.63%
BSE Ltd's allocation increased from 1.24% to 1.56%
BSE Ltd's allocation increased from 1.24% to 1.56%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.03 % to 3.91 %
Infosys Ltd's allocation decreased from 4.03 % to 3.91 %
Info Edge (India) Ltd's allocation decreased from 4 % to 3.8 %
Info Edge (India) Ltd's allocation decreased from 4 % to 3.8 %
Trent Ltd's allocation decreased from 3.86 % to 3.76 %
Trent Ltd's allocation decreased from 3.86 % to 3.76 %
Mid Cap allocation has gone down from 35.9% to 35.1%
Mid Cap allocation has gone down from 35.9% to 35.1%
Large Cap allocation has gone down from 38.9% to 35.4%
Large Cap allocation has gone down from 38.9% to 35.4%
Small Cap allocation has gone up from 21.1% to 23.9%
Small Cap allocation has gone up from 21.1% to 23.9%
Cash allocation has gone down from 4.1% to 2.8%
Cash allocation has gone down from 4.1% to 2.8%
Debt allocation has gone up from 0% to 0.8%
Debt allocation has gone up from 0% to 0.8%

Top 3 Sectors in October were Tech, Industrial & Consumer Cyclical

Oct'24
Tech
25%
Government
21%
Consumer Cyclical
20%
Sep'24
Tech
25%
Industrial
19%
Consumer Cyclical
19%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Infosys Ltd
Infosys Ltd
3.91%
0%
Info Edge (India) Ltd
Info Edge (India) Ltd
3.8%
0%
Trent Ltd
Trent Ltd
3.76%
0%
PB Fintech Ltd
PB Fintech Ltd
3.64%
0%
Bharti Airtel Ltd
Bharti Airtel Ltd
3.25%
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
-
-
-
22.56%
SBI PSU Direct Growth
SBI PSU Direct Growth
51.53%
34.52%
24.74%
12.36%
Nippon India Power & Infra Fund - Direct Plan - Growth
Nippon India Power & Infra Fund - Direct Plan - Growth
40.62%
29%
29.81%
16.41%
ICICI Prudential Manufacturing Fund Direct Growth
ICICI Prudential Manufacturing Fund Direct Growth
38.22%
25.29%
27.39%
22.84%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
BSE Ltd
BSE Ltd
9.1%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
47
48
47
Top 5 Company Concentration
18.4%
18.6%
19.2%
Company having highest exposure
Infosys Ltd (3.9%)
Infosys Ltd (4%)
Infosys Ltd (4.3%)
No of Sectors
10
9
9
Top 5 Sectors Concentration
95.9%
80.8%
80.6%
Sector having highest exposure
Tech (25.4%)
Tech (24.7%)
Tech (25.2%)
Loading...
We are taking more time than usual
Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total Schemes
40
See all BNP Paribas schemes
Total AUM
₹45.98K Cr
as on 31-Oct-2024
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 returns of 22.56% since inception (7th March 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 96.34% in Equity, 0.84% in Debt and 2.82% in Cash related instruments
AUM size ₹1138 Cr

AUM size ₹1138 Cr

This fund has AUM of ₹1138 Cr which is less than its category average of ₹ 2245 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions for Baroda BNP Paribas Innovation Fund Direct Growth

The current NAV of Baroda BNP Paribas Innovation Fund Direct Growth is ₹12.28 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
Baroda BNP Paribas Innovation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-6.99%
-6.99%
6 Month Returns
10%
10%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.25% as on October 2024
₹1138 Cr as on October 2024
Infosys Ltd(3.91%), Info Edge (India) Ltd(3.8%), Trent Ltd(3.76%), PB Fintech Ltd(3.64%), Bharti Airtel Ltd(3.25%) as on October 2024
Tech(24.48%), Consumer Cyclical(18.85%), Industrial(16.63%) as on October 2024
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 October 2024
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 October 2024
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 October 2024
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 October 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.
The Exit load of Baroda BNP Paribas Innovation Fund Direct Growth is 1%