Investment Objective and Approach

The investment objective is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector. Baroda BNP Paribas Banking and Financial Services Fund is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies.

The fund follows a sectoral investment approach focusing on:

- Banking sector companies with strong fundamentals

- Financial services companies expected to show sustained growth

- Securities that are positioned to generate better performance in the financial sector

- The fund allocates its funds majorly in Financial Services, Cash Equivalent, Government, Tech.

Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, State Bank of India

Fund Managers

The fund is currently managed by experienced professionals:

Sandeep Jain - Currently managed by its fund managers Sandeep Jain and Arjun Bagga. Mr. jain is a C.A. Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with Aditya Birla Sunlife Insurance and Sundaram Mutual Fund.

Arjun Bagga - B.E. & CFA (USA) - Prior to Joining the Baroda BNP Paribas asset management ltd. Teamlease Services Ltd, Dolat Capital Market Pvt ltd, Nirmal Bang, Ventura Securities and Ion Trading Pvt Ltd.

Deepak Acharya - Deepak Acharya is the Current Fund Manager of Baroda BNP Paribas Banking and Financial Services Direct Growth fund.

The fund management team brings extensive experience from various financial institutions, ensuring professional oversight of investments.

About the Fund House (AMC)

Baroda BNP Paribas Mutual Fund operates as a collaborative effort between the Bank of Baroda (50.1%) and BNP Paribas Asset Management Asia Ltd (49.9%). The formalisation of this partnership took place on October 11, 2019, when both entities signed binding agreements to merge their Asset Management and Trustee Companies in India. Following the necessary regulatory approvals and completion of formalities, the merger became effective on March 14, 2022.

Key Highlights:

- Backed by bank of Baroda and BNP Paribas AM, institutions that have more than 100 year of expertise.

- Touchpoints at more than 121+ Indian cities to service investors and distributors.

- Serving over a million investor folios and 25,400+ distributors.

- A stellar team of investment experts with 300+ years of cumulative asset management experience.

- 42 schemes across a wide variety of categories for varied financial needs.

- As of 31 March 2024, the company's AUM stood at Rs 35646.45 crores.

At Baroda BNP Paribas Mutual Fund we aim to create a positive impact on people's lives by delivering sustainable value for their investments. Great partnerships could create synergies to make the 'whole' greater than the sum of its parts.Bank of Baroda, one of India's leading public sector banks, has partnered with BNP Paribas Asset Management, the asset management arm of BNP Paribas, a leading financial services group in Europe with global reach, to form Baroda BNP Paribas Mutual Fund.

Should I Invest in Baroda BNP Paribas Banking and Financial Services Fund?

This fund is suitable for investors who:

Positive Aspects:

- Seek exposure to the banking and financial services sector

- Have a long-term investment horizon (minimum 7 years recommended)

- The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

- Want professional management of sectoral investments

- The fund could potentially beat inflation in the long-run.

Key Performance Metrics (as of July 2025):

- It has an AUM of ₹290.05 Crores and the latest NAV decalared is ₹53.576 as on 29 Jul 2025

- Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has given a CAGR return of 12.86% since inception.

- Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.15%, 22.75% and 23.70% respectively.

- The expense ratio is 0.84%. (for direct plan)

Important Considerations:

- We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

- Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

- But if you do invest, you must do so only through the SIP route.

FAQs

What is today's NAV of Baroda BNP Paribas Banking and Financial Services Fund?

The latest declared NAV of Baroda BNP Paribas Banking and Financial Services Fund - Direct Plan, is ₹53.5764 as of 29-Jul-2025.

What is the AUM of Baroda BNP Paribas Banking and Financial Services Fund?

It has an AUM of ₹290.05 Crores as of July 2025. The AUM varies between different sources and dates due to regular updates.

What is the expense ratio of Baroda BNP Paribas Banking and Financial Services Fund?

The expense ratio varies by plan: The expense ratio is 0.84% for the direct plan and The fund has an expense ratio of 2.41 for the regular plan.

What are the returns of Baroda BNP Paribas Banking and Financial Services Fund since inception?

Baroda BNP Paribas Banking and Financial Services Fund Direct Growth has given a CAGR return of 12.86% since inception.

What is the minimum SIP amount to invest in Baroda BNP Paribas Banking and Financial Services Fund?

The min. SIP amount to invest in this scheme is ₹500.

How do I invest in Baroda BNP Paribas Banking and Financial Services Fund?

You can invest through Allvest by logging into your account, searching for the fund, selecting SIP or lump sum, entering the investment amount, and completing the payment process.

How to start a SIP in Baroda BNP Paribas Banking and Financial Services Fund?

Through Allvest, select the SIP option, choose your investment frequency (monthly/quarterly), set the amount, and authorize auto-debit from your bank account.

How do I automate an SIP in Baroda BNP Paribas Banking and Financial Services Fund?

Allvest offers automatic SIP facilities where you can set up recurring investments through bank mandate or UPI auto-pay, ensuring regular investments without manual intervention.

How can I withdraw/redeem my investment in Baroda BNP Paribas Banking and Financial Services Fund?

You can redeem through Allvest by selecting the fund, choosing partial or full redemption, and submitting the request. Exit load of 1%, if redeemed within 30 days.