Baroda BNP Paribas Income Plus Arbitrage Active FOF Direct Growth

Baroda BNP Paribas Income Plus Arbitrage Active FOF Direct Growth holds up reasonably well within the FoF Domestic category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 77/100.

Cost: At 0.06%, the expense ratio is meaningfully cheaper — about 68% below the FoF Domestic category average of 0.19% (based on 195 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.01 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.83% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Other fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.