Baroda BNP Paribas Business Cycle Fund Direct Growth

Baroda BNP Paribas Business Cycle Fund Direct Growth is an equity fund. This fund was started on 15 September, 2021. The fund is managed by Kushant Arora, Jitendra Sriram. The fund could potentially beat inflation in the long-run.

1. Baroda BNP Paribas Business Cycle Fund Direct Growth has ₹568 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.9.
   

Baroda BNP Paribas Business Cycle Fund Direct Growth has given a CAGR return of 13.42% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -5.26% and 17.13% respectively.

Baroda BNP Paribas Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Government, Health, Tech, Energy, Consumer Defensive, Basic Materials, Communication, Utilities, Real Estate, Corporate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Hitachi Energy India Ltd Ordinary Shares, Larsen & Toubro Ltd

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to generate long term capital appreciation for investors by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.

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