Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Equity
Direct
Global - Other
Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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

  1. Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹1019 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 21.99% since inception.

Holdings

Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Government, Industrial, Tech, Consumer Cyclical, Financial Services, Communication, Basic Materials, Consumer Defensive, Health, Energy. Its top holdings are Info Edge (India) Ltd, Infosys Ltd, Zomato Ltd, PB Fintech Ltd, Linde India Ltd

Taxation

As it is a global - other mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl

The investment objective of the scheme is to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.28%
Benchmark
IISL Nifty 500 TR INR
AUM₹1019 Cr
Inception Date7 March, 2024
Min Lumpsum/SIP₹1000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 97.7%

  • Debt & Cash 2.3%

Mid cap
41%

Large cap
35.9%

Small cap
19.5%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Cyclical
21.3%
Tech
20.7%
Industrial
17.8%
Financial Services
12.4%
Communication
9.2%
Basic Materials
5.8%
Consumer Defensive
5.4%
Health
4.8%
Energy
2.5%

Returns for the month of Dec

  • Gainers

  • Losers

Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 returns of 21.99% since inception (07nd Mar 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 97.74% in Equity, 0.9% in Debt and 1.36% in Cash related instruments
AUM size ₹1019 Cr

AUM size ₹1019 Cr

This fund has AUM of ₹1019 Cr which is more than its category average of ₹ 517 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 1.41%

Frequently Asked Questions

The current NAV of Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹12.27 as on 11-Jul-2024.
Existing (Absolute + CAGR) as on 11-Jul-2024.
Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
7.21%
7.21%
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.
0.28% as on June 2024
₹1019 Cr as on June 2024
Info Edge (India) Ltd(4.03%), Infosys Ltd(3.65%), Zomato Ltd(3.42%), PB Fintech Ltd(3.29%), Linde India Ltd(3.27%) as on June 2024
Industrial(23.16%), Tech(19.54%), Consumer Cyclical(19.25%) as on June 2024
The alpha ratio for the Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The alpha for Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The Beta for Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The sharpe ratio for Baroda BNP Paribas Innovation Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on June 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 Reinvestment Inc Dist cum Cap Wdrl is 1%