Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 10.44 as on 02-05-2024
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
- Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth has ₹71 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
141 people have invested ₹ 13.3L in Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth in the last three months
Overview
 | 0.16% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹71 Cr |
 | 30 January, 2024 |
 | ₹5000/₹500 |
 Exit Load | 0.2% |
 | No Lock-in |
 TurnOver | 0% |
Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
33.6%
Energy
13.4%
Tech
13.2%
Consumer Cyclical
9.2%
Consumer Defensive
8.2%
Basic Materials
6.3%
Industrial
5.5%
Health
4.5%
Communication
3.3%
Utilities
2.9%
Top Holdings of Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 11.3% |
 ICICI Bank Ltd | 6.4% |
 HDFC Bank Ltd | 2.7% |
Top Losers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | -7.6% |
 Larsen & Toubro Ltd | -5.6% |
 Infosys Ltd | -4.2% |
Peer Analysis
Baroda BNP Paribas NIFTY 50 Index 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 5.05% since inception (30nd Jan 2024)
Fund Allocations
This fund has an allocation of 100.34% in Equity, 0% in Debt and -0.34% in Cash related instruments
AUM size ₹71 Cr
This fund has AUM of ₹71 Cr which is less than its category average of ₹ 681 Cr
Expense Ratio 0.16%
This fund has an expense ratio of 0.16% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth is ₹10.44 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.23% | 1.23% |
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 April 2024
₹71 Cr as on April 2024
HDFC Bank Ltd(11.11%), Reliance Industries Ltd(9.92%), ICICI Bank Ltd(7.87%), Infosys Ltd(5.51%), Larsen & Toubro Ltd(4.51%) as on April 2024
Financial Services(33.7%), Energy(13.48%), Tech(13.23%) as on April 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 April 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 April 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 April 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 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 NIFTY 50 Index Fund Direct Growth is 0.2%