Baroda BNP Paribas Innovation Fund Regular plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +8.8% annualized alpha (excess return) over its benchmark.
- Solid MFIQ Score of 6.0/10 reflects sound fundamentals and risk management.
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +7.22% | +6.32% | +0.90% |
| 3 Months | +1.15% | -0.20% | +1.35% |
| 6 Months | +8.87% | +5.98% | +2.89% |
| 1 Year | +10.20% | +3.90% | +6.30% |
| Since Inception | +13.47% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +11.72% | +4.03% | +7.69% |
| 2025 | -1.93% | +1.43% | -3.36% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -7.15% | +5.44% | +5.77% | +18.08% | 79.7% | 55.1% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-10-15 | 2025-04-07 | -22.9% | 6 months | 15 months |
| 2026-08-31 | 2026-10-23 | -10.2% | 2 months | 1 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity related instruments of companies belonging to the innovation theme : 80% 100% Equity and equity related instruments of any other companies : 0% 20% Money Market and other liquid instruments*, Gold and Silver instruments (through ETFs): 0% 20% Units issued by INvITs : 0% 10% Units of Mutual Funds as permitted by SEBI$ : 0% 10% | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 900 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Motilal Oswal Services Fund | 6.9 | - | - | 77.0% | Rs 144 cr | Compare → |
| Motilal Oswal Innovation Opportunities Fund | 5.7 | - | - | 110.2% | Rs 907 cr | Compare → |
| Kotak Special Opportunities Fund | 6.0 | - | 2.28% | 114.2% | Rs 1,887 cr | Compare → |
| Nippon India Active Momentum Fund | 6.8 | - | 2.30% | 90.5% | Rs 654 cr | Compare → |
| WhiteOak Capital Special Opportunities Fund | 5.6 | - | 2.83% | 92.5% | Rs 2,169 cr | Compare → |
Frequently Asked Questions about Baroda BNP Paribas Innovation Fund
What is the expense ratio of Baroda BNP Paribas Innovation Fund?
Baroda BNP Paribas Innovation Fund has a total expense ratio (TER) of 2.53% with a base expense ratio of 1.96%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Baroda BNP Paribas Innovation Fund?
Baroda BNP Paribas Innovation Fund is managed by Jitendra Sriram (tenure: 0.4 years since 2026-07-01).
What are the historical returns of Baroda BNP Paribas Innovation Fund?
Baroda BNP Paribas Innovation Fund has a 1-year return of +10.20%.
How large is Baroda BNP Paribas Innovation Fund?
Baroda BNP Paribas Innovation Fund manages assets of Rs 900 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is Baroda BNP Paribas Innovation Fund scored on MFIQ?
Baroda BNP Paribas Innovation Fund holds an MFIQ Score of 6.0/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Baroda BNP Paribas Innovation Fund?
Baroda BNP Paribas Innovation Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.99% with a maximum historical drawdown of -22.88%.