Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth

Equity
Direct
Index Funds
Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth

About the Fund

Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth is an equity fund. This fund was started on 30 January, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth has ₹61 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth has given a CAGR return of 14.70% since inception.

Holdings

Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Tech, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Health, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

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 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 NIFTY 50 Index Fund Direct Growth

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 50 Total Returns Index before expenses, subject to tracking errors, fees and expenses. However, there is no assurance that the objective of the Scheme will be realized, and the Scheme does not assure or guarantee any returns.

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 NIFTY 50 Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
138 people have invested ₹ 9.9L in Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.16%
Benchmark
IISL Nifty 50 TR INR
AUM₹61 Cr
Inception Date30 January, 2024
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.6%

  • Debt & Cash 0.4%

Large cap
98.9%

Mid cap
0.7%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
34.5%
Energy
13.3%
Tech
12.4%
Consumer Cyclical
9.4%
Consumer Defensive
7.9%
Basic Materials
6.5%
Industrial
5%
Health
4.2%
Communication
3.6%
Utilities
3.1%

Returns for the month of Jun

  • Gainers

  • Losers

Baroda BNP Paribas NIFTY 50 Index 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 returns of 14.7% since inception (30nd Jan 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.6% in Equity, 0% in Debt and 0.4% in Cash related instruments
AUM size ₹61 Cr

AUM size ₹61 Cr

This fund has AUM of ₹61 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.16%

Expense Ratio 0.16%

This fund has an expense ratio of 0.16% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth is ₹11.36 as on 22-Jul-2024.
Existing (Absolute + CAGR) as on 22-Jul-2024.
Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.37%
4.37%
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.
0.16% as on June 2024
₹61 Cr as on June 2024
HDFC Bank Ltd(11.93%), Reliance Industries Ltd(9.88%), ICICI Bank Ltd(7.93%), Infosys Ltd(5.24%), Larsen & Toubro Ltd(3.96%) as on June 2024
Financial Services(34.39%), Energy(13.27%), Tech(12.33%) as on June 2024
The alpha ratio for the Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth
-
-
-
As on June 2024
The alpha for Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth is calculated against IISL Nifty 50 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 NIFTY 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth
-
-
-
As on June 2024
The Beta for Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 NIFTY 50 Index 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 NIFTY 50 Index Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 NIFTY 50 Index 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 NIFTY 50 Index Fund Direct Growth
-
-
-
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 NIFTY 50 Index Fund Direct Growth is 0.2%