Baroda BNP Paribas Multi Asset Fund Direct Growth

Baroda BNP Paribas Multi Asset Fund Direct Growth is a hybrid fund. This fund was started on 26 December, 2022. The fund is managed by Vikram Pamnani. This fund gives you the benefit of diversification.

1. Baroda BNP Paribas Multi Asset Fund Direct Growth has ₹1235 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
2. The fund has an expense ratio 0.9.
   

Baroda BNP Paribas Multi Asset Fund Direct Growth has given a CAGR return of 23.96% since inception. Over the last 1 year the fund has given a CAGR return of 34.01%.

Baroda BNP Paribas Multi Asset Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Cash Equivalent, Tech, Consumer Cyclical, Industrial, Government, Securitize, Energy, Basic Materials, Utilities, Health, Consumer Defensive, Communication.

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to seek long term capital growth by investing in equity and equity related securities, debt & money market instruments, REITs / InVITs and Gold ETF. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Multi Asset Fund Direct Growth has no lock in period.