Investment Objective and Approach

The investment objective of the Scheme is to generate long term capital appreciation for investors by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. The fund is an open-ended equity scheme following the Business Cycles theme.

The fund maintains minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets. The fund follows a business cycle approach by dynamically allocating investments across different sectors and stocks based on their positioning in various stages of economic cycles.

The scheme seeks to generate long term capital appreciation for investors by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

The fund primarily invests in high-quality companies across different sectors, with the fund having a majority of its money invested in the top 5 sectors such as Banks, Pharmaceuticals & Biotechnology, IT - Software, Finance, Petroleum Products. First five holdings of this fund are Reliance Industries Ltd., HDFC Bank Ltd., Larsen & Toubro Ltd., ICICI Bank Ltd., Tata Consultancy Services Ltd.

Fund Managers

Jitendra Sriram, Miten Vora are the current fund managers of this mutual fund. The fund is managed by Shiv Chanani, Miten Vora, Jitendra Sriram, Kushant Arora. Additionally, Mr. Jay Sheth serves as the dedicated Fund Manager for Overseas Investments (managing fund since October 18, 2024).

Jitendra Sriram - Senior Fund Manager, Baroda BNP Paribas Mutual Fund. Mr. Sriram is a B.E (Electrical) and holds a post graduate diploma in Business Management. He has worked with VLS Finance Ltd, Baroda asset management India Ltd, UTI asset management com Ltd and Axis securities. He worked with HSBC Securities, HSBC AMC, Deutsche Equities Pvt. Ltd., Capital Markets Pvt. Ltd., etc. before joining Baroda BNP Paribas Mutual Fund.

Miten Vora - Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with HSBC AMC, Deutsche Equities Pvt. Ltd., HSBC Securities, Capital Markets Pvt. Ltd. and ITC Classic Share & Stock Broking.

The fund managers have extensive experience of 15 years while managing equity & related investments. They are focused on picking quality companies and holding them for a long duration to generate good compounding returns in their funds.

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.

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.

Key highlights of the fund house:

- 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. Baroda BNP Paribas Asset Management India Pvt. Ltd. manages assets worth ₹ 46,954.47 crores. It's current offering of mutual fund schemes includes 19 equity, 14 debt and 7 hybrid schemes.

Should I Invest in Baroda BNP Paribas Business Cycle Fund?

The Baroda BNP Paribas Business Cycle Fund is suitable for investors looking for:

Investment Profile:

- The fund was launched on 2021-09-15 and follows a thematic investment approach focused on business cycles

- The fund is rated Very High risk

- The minimum investment required to start investing is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option

Performance Analysis:

- The fund delivered 45.198% returns in the last 1 year

- Trailing returns over different times are 47.3% (1 year), 0% (3 year), 0% (5 year)

- The scheme return performance in last 1 year is 5.32%, in last 3 years is 81.35% and 64.92% since scheme launch

Fund Size and Liquidity:

- The AUM (assets under management) of Baroda BNP Paribas Business Cycle Fund is ₹565.10 Cr as of 9th June 2025

- The expense ratio of Baroda BNP Paribas Business Cycle Fund Plan is 0.91 as of 9th June 2025

Risk Considerations:

- This fund has a consistency rating which indicates that the fund has generated average returns. However, whatever returns that the fund delivers, it does so with exceptional consistency. You can consider this fund if the predictability of returns is what you are looking for.

This fund is ideal for long-term investors with high risk tolerance who want exposure to business cycle opportunities across different sectors of the Indian economy.

FAQs

What is today's NAV of Baroda BNP Paribas Business Cycle Fund?

Latest NAV for Baroda BNP Paribas Business Cycle Fund is at ₹ 16.52 as of the most recent update. NAV changes daily based on market movements.

What is the AUM of Baroda BNP Paribas Business Cycle Fund?

The AUM of Baroda BNP Paribas Business Cycle Fund is ₹565.10 Cr as of 9th June 2025.

What is the expense ratio of Baroda BNP Paribas Business Cycle Fund?

The expense ratio of Baroda BNP Paribas Business Cycle Fund Plan is 0.91 as of 9th June 2025. The regular plan has a higher expense ratio of 1.37%.

What are the returns of Baroda BNP Paribas Business Cycle Fund since inception?

The scheme has delivered 64.92% returns since scheme launch. The fund delivered 45.198% returns in the last 1 year.

What is the minimum SIP amount to invest in Baroda BNP Paribas Business Cycle Fund?

The minimum SIP amount of Baroda BNP Paribas Business Cycle Fund is ₹500. Some platforms may require higher minimums.

How do I invest in Baroda BNP Paribas Business Cycle Fund?

You can invest through Allvest platform easily. Simply create an account, complete your KYC, select the fund, choose your investment amount, and make the payment. You can also invest directly through the fund house website or through other registered distributors.

How to start a SIP in Baroda BNP Paribas Business Cycle Fund?

Register with Allvest, complete your KYC process, select the Baroda BNP Paribas Business Cycle Fund, choose SIP option, set your monthly amount (minimum ₹500), select frequency and start date, and authorize the auto-debit.

How do I automate an SIP in Baroda BNP Paribas Business Cycle Fund?

To automate an SIP, use the Auto-Invest feature available on platforms. This allows you to set up automatic investments at regular intervals. Once configured, your chosen amount will be invested automatically, ensuring consistent contributions without manual intervention.

How can I withdraw/redeem my investment in Baroda BNP Paribas Business Cycle Fund?

Redeeming your investments is easy. If you invested via Allvest, log into the platform, go to the investment section, and place your redemption request. If invested elsewhere, visit the fund house website to place your redemption request.