Baroda BNP Paribas Arbitrage Fund Direct Growth

Baroda BNP Paribas Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 28 December, 2016. The fund is managed by Vikram Pamnani, Neeraj Saxena. This fund gives you the benefit of diversification.

1. Baroda BNP Paribas Arbitrage Fund Direct Growth has ₹1201 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Baroda BNP Paribas Arbitrage Fund Direct Growth has given a CAGR return of 6.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.31%, 7.65% and 6.22% respectively.

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

As it is a arbitrage fund 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The primary investment objective of the scheme is to generate income and capital appreciation by investing in a combination of diversified portfolio of equity and equity related instruments, including use of equity derivatives strategies and arbitrage opportunities with exposure in debt and fixed income instruments. 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 250.00. Baroda BNP Paribas Arbitrage Fund Direct Growth has no lock in period.