Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth

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.

1. Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth has ₹65 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
2. The fund has an expense ratio 0.2.
   

Baroda BNP Paribas NIFTY 50 Index Fund Direct Growth has given a CAGR return of 11.87% since inception. Over the last 1 year the fund has given a CAGR return of 6.06%.

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

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 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.