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Baroda BNP Paribas Manufacturing Fund - NAV, Returns, SIP & Investment Guide 2025

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Invest in Baroda BNP Paribas Manufacturing Fund with minimum SIP of ₹500. Get latest NAV, fund manager details, investment objective, and fund performance. Start investing today.

Investment Objective and Approach

Baroda BNP Paribas Manufacturing Fund is a thematic equity fund that aims to invest in companies which are engaged in manufacturing related activities. The investment objective is to generate long-term capital appreciation from a portfolio invested predominantly in equity and equity related securities of companies engaged in Manufacturing.

The fund follows a focused investment approach targeting companies across the manufacturing ecosystem:

- Companies seeking to replace India's imports by manufacturing locally

- Allied services associated with the entire manufacturing lifecycle

- Companies listed in India and having manufacturing facilities outside India or vice versa

The investment strategy capitalizes on India's manufacturing sector transformation, driven by:

- Government Support: The government has initiated several schemes, like the Skill India / Apprentice program, Atmanirbhar Bharat for import items, and PLI schemes to provide technical and financial assistance to build in India

- Structural Reforms: Reforms like GST helps in bringing a shift from unorganized to organized sectors, thereby leading to more transparency, and boosting a conducive business environment

- Demographic Dividend: India has a large young population which is well educated, speaks English, and is available at a comparatively low cost leading to cost advantages in manufacturing

Fund Details:

- Launch Date: 2024-06-28

- Fund Category: Thematic funds are a type of equity mutual funds, investing in companies that are focused on a specific theme

- AUM: Rs 1283.86 Crores (as of April 2025)

- Minimum SIP: Rs 500

- Expense Ratio: 2.09% (Regular Plan), 0.65% (Direct Plan)

- Benchmark: NIFTY 500 TRI with NIFTY 50 TRI serving as an addition

Fund Managers

Miten Vora is the Current Fund Manager of Baroda BNP Paribas Manufacturing Fund Direct Growth fund. Currently, he is Senior Fund Manager - Equity at Baroda BNP Paribas Asset Management India Private Limited.

Jitendra Sriram - Co-Fund Manager

- Experience: Overall 27 years of experience in investment segment

- Education: MBA in Finance and hold BE degree in Electrical & Electronics Engineering from BIT Mesra

- Previous Experience: Prior to this, he worked with Prabhudas Lilladher Portfolio Management Services as Senior Vice President – Equity Fund Manager, Max Life Insurance Company Private Limited, HSBC Securities & Capital Markets (India) Private Limited, HSBC Asset Management (India) Private Limited

Investment Philosophy: He is focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds.

About the Fund House (AMC)

Baroda BNP Paribas Mutual Fund is a joint venture between the Bank of Baroda and BNP Paribas Asset Management Asia Ltd. On October 11, 2019, these 2 companies came into a binding agreement to merge their AMC and Trustee Companies. March 14, 2022, marked the period when the entities got merged effectively.

Ownership Structure:

It has been stated that the Bank of Baroda (parent company of Baroda AMC) will tend to hold a 50.1% stake in the merged entity, while on the other hand, BNP Paribas AMC will hold the remaining 49.9%.

Key Strengths:

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

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

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

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

- Product Range: 42 schemes across a wide variety of categories for varied financial needs

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

Should I Invest in Baroda BNP Paribas Manufacturing Fund?

This fund is suitable for investors who are:

Target Investors:

- Seeking long term capital appreciation. Investing in equity and equity related securities of companies engaged in manufacturing theme

- Looking to capitalize on India's manufacturing growth story

- Comfortable with thematic investing and sector concentration

- Having investment horizon of 5+ years

Key Considerations:

Positives:

- Exposure to India's manufacturing transformation driven by government initiatives

- Experienced fund management team with proven track record

- Backing of established financial institutions

- Focus on quality companies within the manufacturing ecosystem

Risks:

- The Baroda BNP Paribas Manufacturing Fund Direct Growth is rated Very High risk

- Concentration risk due to thematic focus

- Relatively new fund launched in 2024

- Sector-specific volatility

Exit Load Structure:

- If units of the Scheme are redeemed or switched out up to 10% of the units within 1 year from the date of allotment - Nil

- If units of the Scheme are redeemed or switched out in excess of the limit within 1 year from the date of allotment - 1% of the applicable NAV

- If units of Scheme are redeemed or switched out after 1 year from the date of allotment - Nil

FAQs

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

The NAV varies daily based on market conditions. You can check the latest NAV on Allvest platform or the official Baroda BNP Paribas website.

What is the AUM of Baroda BNP Paribas Manufacturing Fund?

The AUM of Baroda BNP Paribas Manufacturing Fund is Rs 1283.86 Crs as of April 2025.

What is the expense ratio of Baroda BNP Paribas Manufacturing Fund?

This fund has an expense ratio of 1.37% for the regular plan and 0.65% for the direct plan.

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

The fund has delivered a CAGR of -3.76 since inception. As it's a newly launched fund, long-term performance data is limited.

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

The minimum SIP for Baroda BNP Paribas Manufacturing Fund is ₹500.

How do I invest in Baroda BNP Paribas Manufacturing Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing investment amount and payment method.

How to start a SIP in Baroda BNP Paribas Manufacturing Fund?

Login to Allvest, search for the fund, select SIP option, choose amount and frequency, set up auto-debit mandate and start investing.

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

Set up a bank mandate through Allvest platform which will automatically deduct the SIP amount on your chosen dates.

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

If you have invested this fund via MySIPonline, just log into the app, go to the investment section, and place your redemption request. Through Allvest, simply login and place redemption request online.