Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Direct Growth

Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Direct Growth is an equity fund. This fund was started on 15 October, 2024. The fund is managed by Neeraj Saxena. The fund could potentially beat inflation in the long-run.

1. Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Direct Growth has ₹25 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Direct Growth has given a CAGR return of -19.68% since inception.

Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Health, Consumer Cyclical, Communication, Basic Materials, Consumer Defensive. Its top holdings are InterGlobe Aviation Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Bajaj Finance Ltd, Bajaj Finserv Ltd

As it is a index funds 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 provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty200 Momentum 30 Total Returns Index before expenses, subject to tracking errors, fees, and expenses.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Direct Growth has no lock in period.