Baroda BNP Paribas Balanced Advantage Fund Direct Growth

Hybrid
Direct
Dynamic Asset Allocation
Baroda BNP Paribas Balanced Advantage Fund Direct Growth

About the Fund

Baroda BNP Paribas Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 14 November, 2018. The fund is managed by Sanjay Chawla, Pratish Krishnan. This fund gives you the benefit of diversification.

Key Parameters

  1. Baroda BNP Paribas Balanced Advantage Fund Direct Growth has ₹3967 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Baroda BNP Paribas Balanced Advantage Fund Direct Growth has given a CAGR return of 17.40% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.91%, 16.52% and 18.26% respectively.

Holdings

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

Taxation

As it is a dynamic 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).

Investment objective of Baroda BNP Paribas Balanced Advantage Fund Direct Growth

The primary objective of the Scheme is to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation.

Minimum Investment and lockin period

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

Fund Performance
zero opening, trading, fund transfer fee
410 people have invested ₹ 70.3L in Baroda BNP Paribas Balanced Advantage Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
8
/15
24% Performance
57% Risk Management
40% Cost
8 out of 15 among dynamic asset allocation

Fund Overview

Expense ratio0.7%
Benchmark
null
AUM₹3967 Cr
Inception Date14 November, 2018
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
146.36%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 59.8%

  • Debt & Cash 38.9%

Large cap
47.5%

Mid cap
14.2%

Small cap
6.9%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
29%
Industrial
23.3%
Consumer Cyclical
9.5%
Energy
8.6%
Utilities
8.1%
Tech
6.3%
Health
6.1%
Communication
4%
Consumer Defensive
3%
Basic Materials
2%
All changes are between Oct'69 and Dec'69

Sanjay Chawla
Sanjay Chawla
Fund Manager of Baroda BNP Paribas Balanced Advantage Fund Direct Growth, since 14 November 2018
Pratish Krishnan
Pratish Krishnan
Fund Manager of Baroda BNP Paribas Balanced Advantage Fund Direct Growth, since 5 August 2021

Mutual Fund Insights

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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 25.71% return, outperforming this fund by 9.19% per annum.
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Over the last 1 month, this fund has experienced a 4.3% growth in AUM moving from 3.80K Cr to 3.96K Cr.
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In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 56.91% return, outperforming this fund by 29.99%.
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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.81% return, outperforming this fund by 2.54% per annum.
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Over the last 15 months, this fund has increased expense ratio by 12.5% moving from 0.64 to 0.72.
Insights icon
This fund expense ratio is slightly on the lower side within the category (dynamic asset allocation). Its expense ratio is 0.72% which is lower than the category average expense ratio of 1.14%.

Baroda BNP Paribas Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.4% since inception which is more than its category average return of 13.25%
Fund Allocations

Fund Allocations

This fund has an allocation of 59.82% in Equity, 25.81% in Debt and 13.06% in Cash related instruments
AUM size ₹3967 Cr

AUM size ₹3967 Cr

This fund has AUM of ₹3967 Cr which is less than its category average of ₹ 8420 Cr
Expense Ratio 0.7%

Expense Ratio 0.7%

This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Baroda BNP Paribas Balanced Advantage Fund Direct Growth is ₹24.87 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Baroda BNP Paribas Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.19%
3.19%
6 Month Returns
12.34%
12.34%
1 Year Returns
26.91%
26.91%
3 Years Returns
58.22%
16.52%
5 Years Returns
131.34%
18.26%
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  • Select your bank account and proceed with Payment.
0.7% as on June 2024
₹3967 Cr as on June 2024
ICICI Bank Ltd(4.56%), HDFC Bank Ltd(4.3%), Larsen & Toubro Ltd(4.09%), Reliance Industries Ltd(3.98%), Bharat Electronics Ltd(3.55%) as on June 2024
Corporate(17.5%), Financial Services(17.36%), Industrial(13.94%) as on June 2024
AAA
75.83
AA
24.17
Sanjay Chawla, Pratish Krishnan are the fund managers of Baroda BNP Paribas Balanced Advantage Fund Direct Growth
The Exit load of Baroda BNP Paribas Balanced Advantage Fund Direct Growth is 1%