Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Baroda BNP Paribas Innovation Fund Direct plan - Growth Option
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 66/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)—
- Expense ratio (20%)1.33%
- AUM (15%)₹894 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Baroda BNP Paribas Mutual Fund · Equity · Thematic
₹14.31
AUM: ₹894 Cr
NAV updated 18 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
1.33%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Fund Manager
Ankeet Pandya
Inception
Mar 2024
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
0.68
Std Dev (1Y)
15.02%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.76%
3m
+9.94%
6m
+16.93%
1y
+11.77%
3y
—
5y
—
10y
—
since inception
+15.26%
TopFund's Take on Baroda BNP Paribas Innovation Fund Direct plan - Growth Option
Baroda BNP Paribas Innovation Fund Direct plan - Growth Option holds up reasonably well within the Thematic 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 66/100.
Cost: At 1.33%, the expense ratio runs 34% above the Thematic category average of 0.99%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.68 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 15.02% is fairly typical for Thematic funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity 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.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Baroda BNP Paribas Innovation Fund Direct plan - Growth Option
The current NAV (Net Asset Value) of Baroda BNP Paribas Innovation Fund Direct plan - Growth Option is ₹14.31. NAV is updated every business day after market close by AMFI.
1Y: 11.77%
The expense ratio of Baroda BNP Paribas Innovation Fund Direct plan - Growth Option is 1.33% per annum. This is the annual fee charged by the fund to manage your investment.
Baroda BNP Paribas Innovation Fund Direct plan - Growth Option is managed by Ankeet Pandya at Baroda BNP Paribas Mutual Fund.
Baroda BNP Paribas Innovation Fund Direct plan - Growth Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Baroda BNP Paribas Innovation Fund Direct plan - Growth Option is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Baroda BNP Paribas Innovation Fund Direct plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Baroda BNP Paribas Innovation Fund Direct plan - Growth Option is ₹894 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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