Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 20.6 as on 20-09-2023
Fund Performance
About the Fund
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl has ₹90 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.5.
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl Overview
 | 1.45% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹90 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0.01% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
76.9%
Mid cap
10.4%
Small cap
8.6%
Sector Allocation
Financial Services
100%
Top Holdings of Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl as on (31-Aug-23)
Equity Holdings28
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 21.83% | 7% | |
 ICICI Bank Ltd | 19.28% | 5.6% | |
 Axis Bank Ltd | 7.61% | -12.4% | |
 Bajaj Finance Ltd | 6.08% | 0% | |
 State Bank of India | 5.86% | 0% |
See all
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -2.37% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund underperformed Nifty 500 by 1.63% in Aug'23
AUM Change
- AUM of the fund stands at 89.5 Cr as of Aug'23
- AUM decreased by 0.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 26.2% |
 Max Financial Services Ltd | 15.2% |
 Manappuram Finance Ltd | 13.8% |
Top Losers | 1M Return |
|---|---|
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.16% since inception which is less than its category average return of 27.51%
Fund Allocations
This fund has an allocation of 96.65% in Equity, 0.54% in Debt and 2.81% in Cash related instruments
AUM size ₹90 Cr
This fund has AUM of ₹90 Cr which is less than its category average of ₹ 1453 Cr
Expense Ratio 1.45%
This fund has an expense ratio of 1.45% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is ₹20.62 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 3.76% | 3.76% |
6 Month Returns | 9.34% | 9.34% |
1 Year Returns | 0.95% | 0.95% |
3 Years Returns | 69.76% | 19.29% |
5 Years Returns | 54.8% | 9.13% |
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1.45% as on August 2023
₹90 Cr as on August 2023
HDFC Bank Ltd(21.83%), ICICI Bank Ltd(19.28%), Axis Bank Ltd(7.61%), Bajaj Finance Ltd(6.08%), State Bank of India(5.86%) as on August 2023
The alpha ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl | -5.57 | -2.78 | -3.82 |
As on August 2023
The alpha for Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl | 0.89 | 0.95 | 0.97 |
As on August 2023
The Beta for Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl | -0.22 | 0.6 | 0.2 |
As on August 2023
The sharpe ratio for Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl | 15.06 | 21.69 | 25.76 |
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.15 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Baroda BNP Paribas Banking and Financial Services Fund Direct Reinvst of Inc Dis cumCapWdrl is 1%