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Baroda BNP Paribas Innovation Fund Direct - Growth
Unrated
NAV as of Dec 26, 2024
13.010.12%
- Growth - Direct
(Earn upto 1.83% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
0.25%(0.64% Category
average)Fund Size:
Rs. 1,148.03 Cr(0.59% of Investment in Category)
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Baroda BNP Paribas Innovation Fund Direct - Growth
Unrated
NAV as of Dec 26, 2024
13.010.12%
Expense Ratio:
0.25%
Fund Size:
Rs. 1,148.03 Cr
Fund Category:
Equity: Thematic
Baroda BNP Paribas Innovation Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Baroda BNP Paribas Innovation Fund - Direct Plan as of Dec 26, 2024 is Rs 13.01 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 30.09% (since launch). Whereas, Category returns for the same time duration are: 24.643348339829412% (1yr), 19.148381121726832% (3yr) and 21.87750638530233% (5yr).
3. Fund Size: The Baroda BNP Paribas Innovation Fund - Direct Plan currently holds Assets under Management worth of Rs 1148.0252 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.25% for Direct plan as on Nov 30, 2024.
5. Exit Load: Baroda BNP Paribas Innovation Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
1. Current NAV: The Current Net Asset Value of the Baroda BNP Paribas Innovation Fund - Direct Plan as of Dec 26, 2024 is Rs 13.01 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 30.09% (since launch). Whereas, Category returns for the same time duration are: 24.643348339829412% (1yr), 19.148381121726832% (3yr) and 21.87750638530233% (5yr).
3. Fund Size: The Baroda BNP Paribas Innovation Fund - Direct Plan currently holds Assets under Management worth of Rs 1148.0252 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.25% for Direct plan as on Nov 30, 2024.
5. Exit Load: Baroda BNP Paribas Innovation Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Baroda BNP Paribas Innovation Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 3.03 -1.64 10.07 - - - Category Avg 0.29 -8.13 -0.43 21.96 17.94 21.61 Rank within Category 14 14 6 - - - No. of funds within Category 126 115 96 73 35 20 - Loading...
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Return Comparison
- This Fund
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Baroda BNP Paribas Innovation Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks 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.
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | Mar 05, 2024 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 30.12% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Baroda BNP Paribas Innovation Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 1,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 44 | 45 | 46 | 45 | 48 | 50 |
| Top 5 Company Holdings | 18.79% | 18.36% | 18.57% | 19.16% | 17.76% | 17.66% |
| Top 10 Company Holdings | 33.94% | 32.89% | 34.32% | 33.91% | 32.57% | 32.76% |
| Company with Highest Exposure | Info Edge (India) (4.18%) | Infosys (3.91%) | Infosys (4.03%) | Infosys (4.27%) | Infosys (4.17%) | Info Edge (India) (4.03%) |
| Number of Sectors | 13 | 13 | 13 | 13 | 13 | 12 |
| Top 3 Sector Holdings | 54.39% | 53.93% | 52.52% | 50.8% | 51.99% | 53.1% |
| Top 5 Sector Holdings | 68.8% | 69.7% | 67.32% | 64.97% | 66.49% | 70.44% |
| Sector with Highest Exposure | Services (26.33%) | Services (27.15%) | Services (24.9%) | Services (24.5%) | Services (22.76%) | Services (22.52%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Infosys Technology 4.03 29.40 64.90 21.72 Info Edge (India) Services 4.0 239.08 36.09 68.16 Trent Services 3.86 140.46 50.91 134.62 PB Fintech Services 3.35 - - - Bharti Airtel Communication 3.33 79.96 20.16 56.63 Tata Consultancy Technology 3.26 31.69 131.12 9.39 TVS Motor Company Automobile 3.21 61.27 39.72 21.10 Zomato Services 3.1 - - - Bosch Automobile 3.1 48.22 707.00 55.35 Linde India Chemicals 3.08 117.53 52.25 10.98
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Baroda BNP Paribas Innovation Fund Direct - Growth 13.01 Unrated 1,148.03 3.03 - - - Mahindra Manulife Business Cycle Fund Direct - Growth 14.81 Unrated 1,183.01 -0.85 31.38 - - HSBC Business Cycles Fund Direct-Growth 47.36 Unrated 1,016.25 1.93 39.44 26.10 24.32 HDFC Manufacturing Fund Direct - Growth 10.41 Unrated 12,755.36 -0.41 - - - Quant Quantamental Fund Direct - Growth 23.40 Unrated 2,345.99 -1.63 18.75 27.81 -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
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Fund Manager
- P.K.Pratish KrishnanSince Feb 20247 schemes
Mr. Krishnan has done MMS in Finance Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Antique Stock Broking as Sr Analyst- IT, Telecom & Media, DSP Merrill Lynch as Vice President- Research, SBI Capital Markets as Sr. research Analyst, Cholamandalam DBS Finance LTD as Research Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Baroda BNP Paribas Aggressive Hybrid Fund Direct - Growth Aggressive Hybrid 31.12 1,179.67 22.48 Baroda BNP Paribas Balanced Advantage Fund Direct - Growth Dynamic Asset Allocation 25.53 4,212.51 17.44 Baroda BNP Paribas ELSS Tax Saver Direct-Growth ELSS 106.63 951.68 26.99 Baroda BNP Paribas Conservative Hybrid Fund Direct-Growth Conservative Hybrid 52.43 747.10 11.72 Baroda BNP Paribas Equity Savings Fund Direct - Growth Equity Savings 16.98 253.69 12.63 Baroda BNP Paribas Multi Asset Fund Direct - Growth Multi Asset Allocation 14.47 Unrated 1,193.09 17.39 Baroda BNP Paribas Retirement Fund Direct - Growth Aggressive Hybrid 11.06 Unrated 348.04 -
More Baroda BNP Paribas Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Liquid Direct Fund-Growth | 11,490.05 | 0.58 | 1.78 | 3.62 | 7.45 | 6.34 | |
| Baroda BNP Paribas Balanced Advantage Fund Direct - Growth | 4,114.54 | -2.17 | 0.86 | 8.46 | 24.36 | 13.48 | |
| Baroda BNP Paribas Multi Cap Fund Direct-Growth | 2,739.27 | -3.71 | 2.15 | 14.43 | 41.75 | 17.70 | |
| Baroda BNP Paribas Large Cap Fund Direct-Growth | 2,348.71 | -5.86 | -3.02 | 9.13 | 34.88 | 15.31 | |
| Baroda BNP Paribas Midcap Direct-Growth | 2,143.12 | -5.75 | -1.53 | 14.17 | 37.85 | 19.48 | |
| Baroda BNP Paribas Gilt Direct-Growth | 1,601.37 | 0.27 | 2.19 | 5.35 | 10.39 | 6.27 | |
| Baroda BNP Paribas Value Fund Direct - Growth | 1,520.30 | -5.43 | -4.87 | 7.77 | 32.97 | - | |
| Baroda BNP Paribas Small Cap Fund Direct - Growth | 1,499.12 | -6.73 | -2.97 | 12.65 | 32.89 | - | |
| Baroda BNP Paribas India Consumption Fund Direct - Growth | 1,446.79 | -8.71 | -3.79 | 12.08 | 30.84 | 16.13 | |
| Baroda BNP Paribas Large & Mid Cap Fund Direct - Growth | 1,437.13 | -4.19 | 0.11 | 13.60 | 42.14 | 17.71 |
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About Baroda BNP Paribas Innovation Fund Direct - Growth
1. Baroda BNP Paribas Innovation Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to Baroda BNP Paribas Mutual Fund House.
2. The fund was launched on Mar 05, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.81% in equities, 4.17% in debts and 0.02% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 34.32% of the assets, the top 3 sectors constitute around 54.39% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Baroda BNP Paribas Innovation Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Baroda BNP Paribas Innovation Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to Baroda BNP Paribas Mutual Fund House.
2. The fund was launched on Mar 05, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.81% in equities, 4.17% in debts and 0.02% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 34.32% of the assets, the top 3 sectors constitute around 54.39% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Baroda BNP Paribas Innovation Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Baroda BNP Paribas Innovation Fund Direct - Growth
- Is it safe to invest in Baroda BNP Paribas Innovation Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Baroda BNP Paribas Innovation Fund - Direct Plan comes under Very High risk category.
- What is the category of Baroda BNP Paribas Innovation Fund - Direct Plan?Baroda BNP Paribas Innovation Fund - Direct Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in Baroda BNP Paribas Innovation Fund - Direct Plan?The suggested investment horizon of investing into Baroda BNP Paribas Innovation Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Baroda BNP Paribas Innovation Fund - Direct Plan?The Baroda BNP Paribas Innovation Fund - Direct Plan is managed by Pratish Krishnan (Since Feb 14, 2024).
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