Baroda BNP Paribas Innovation Fund Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 10.87 as on 02-05-2024
About the Fund
Baroda BNP Paribas Innovation Fund Direct Growth is an equity fund. This fund was started on 7 March, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Baroda BNP Paribas Innovation Fund Direct Growth has ₹982 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.3.
Fund Performance
144 people have invested ₹ 51L in Baroda BNP Paribas Innovation Fund Direct Growth in the last three months
Overview
 | 0.31% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹982 Cr |
 | 7 March, 2024 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Baroda BNP Paribas Innovation Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
42.6%
Mid cap
27%
Small cap
13.4%
Sector Allocation
Consumer Cyclical
24.1%
Tech
20.9%
Industrial
17.4%
Communication
11.5%
Financial Services
10.8%
Basic Materials
5.7%
Health
5.2%
Consumer Defensive
4.5%
Top Holdings of Baroda BNP Paribas Innovation Fund Direct Growth as on (30-Apr-24)
Equity Holdings40
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Info Edge (India) Ltd | 3.87% | 0% | |
 Zomato Ltd | 3.62% | 0% | |
 PB Fintech Ltd | 3.54% | 0% | |
 Bharti Airtel Ltd | 3.18% | 0% | |
 ABB India Ltd | 3.14% | 0% |
See all
Gainers & Losers Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Hitachi Energy India Ltd | 39.6% |
 Linde India Ltd | 19.7% |
 Hindustan Aeronautics Ltd | 11.2% |
Peer Analysis
Baroda BNP Paribas Innovation Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 7.31% since inception (07nd Mar 2024)
Fund Allocations
This fund has an allocation of 83.01% in Equity, 0% in Debt and 16.99% in Cash related instruments
AUM size ₹982 Cr
This fund has AUM of ₹982 Cr which is more than its category average of ₹ 511 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas Innovation Fund Direct Growth is ₹10.87 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Baroda BNP Paribas Innovation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.38% | 4.38% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.31% as on April 2024
₹982 Cr as on April 2024
Info Edge (India) Ltd(3.87%), Zomato Ltd(3.62%), PB Fintech Ltd(3.54%), Bharti Airtel Ltd(3.18%), ABB India Ltd(3.14%) as on April 2024
Consumer Cyclical(19.99%), Tech(17.33%), Industrial(14.41%) as on April 2024
The alpha ratio for the Baroda BNP Paribas Innovation Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Baroda BNP Paribas Innovation Fund Direct Growth is calculated against IISL Nifty 500 TR 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 Innovation Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Baroda BNP Paribas Innovation Fund Direct Growth is calculated with IISL Nifty 500 TR 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 Innovation Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Baroda BNP Paribas Innovation Fund Direct Growth is calculated with IISL Nifty 500 TR 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 Innovation Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Baroda BNP Paribas Innovation Fund Direct Growth | - | - | - |
As on April 2024
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.
The Exit load of Baroda BNP Paribas Innovation Fund Direct Growth is 1%