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Baroda BNP Paribas Innovation Fund Direct - Growth
Unrated
NAV as of Oct 20, 2025
12.910.09%
- Growth - Direct
(Earn upto 1.20% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic-Innovation
Expense Ratio:
1.06%(0.78% Category
average)Fund Size:
Rs. 933.59 Cr(3.07% of Investment in Category)
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Baroda BNP Paribas Innovation Fund Direct - Growth
Unrated
NAV as of Oct 20, 2025
12.910.09%
Expense Ratio:
1.06%
Fund Size:
Rs. 933.59 Cr
Fund Category:
Equity: Thematic-Innovation
Baroda BNP Paribas Innovation Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Baroda BNP Paribas Innovation Fund - Direct Plan as of Oct 20, 2025 is Rs 12.91 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -3.61% (1yr) and 16.45% (since launch). Whereas, Category returns for the same time duration are: -0.16% (1yr), 20.16% (3yr) and 22.65% (5yr).
3. Fund Size: The Baroda BNP Paribas Innovation Fund - Direct Plan currently holds Assets under Management worth of Rs 957.7 crore as on Aug 31, 2025.
4. Expense ratio: The expense ratio of the fund is 1.06% for Direct plan as on Oct 09, 2025.
5. Exit Load: Baroda BNP Paribas Innovation Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
1. Current NAV: The Current Net Asset Value of the Baroda BNP Paribas Innovation Fund - Direct Plan as of Oct 20, 2025 is Rs 12.91 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -3.61% (1yr) and 16.45% (since launch). Whereas, Category returns for the same time duration are: -0.16% (1yr), 20.16% (3yr) and 22.65% (5yr).
3. Fund Size: The Baroda BNP Paribas Innovation Fund - Direct Plan currently holds Assets under Management worth of Rs 957.7 crore as on Aug 31, 2025.
4. Expense ratio: The expense ratio of the fund is 1.06% for Direct plan as on Oct 09, 2025.
5. Exit Load: Baroda BNP Paribas Innovation Fund - Direct Plan shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Baroda BNP Paribas Innovation Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -0.53 2.89 14.60 -2.25 - - Category Avg -0.83 3.80 15.23 1.29 20.55 23.15 Rank within Category 5 10 7 8 - - No. of funds within Category 12 12 11 9 2 1 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
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Baroda BNP Paribas Innovation Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation.
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | Mar 05, 2024 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 16.98% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Baroda BNP Paribas Innovation Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 1,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| SEP 2025 | JUL 2025 | JUN 2025 | MAY 2025 | APR 2025 | MAR 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 43 | 46 | 46 | 44 | 44 | 47 |
| Top 5 Company Holdings | 20.49% | 19.65% | 18.99% | 19.85% | 18.43% | 18.83% |
| Top 10 Company Holdings | 37.02% | 35.19% | 33.52% | 34.36% | 33.16% | 33.3% |
| Company with Highest Exposure | TVS Motor Company (4.49%) | Bharti Airtel (4.18%) | Bharti Airtel (4.29%) | Linde India (4.35%) | Bharti Airtel (4.08%) | Bharti Airtel (4.4%) |
| Number of Sectors | 12 | 13 | 13 | 13 | 14 | 14 |
| Top 3 Sector Holdings | 55.38% | 48.91% | 47.66% | 44.25% | 40.73% | 45.22% |
| Top 5 Sector Holdings | 71.85% | 66.99% | 66.25% | 62.55% | 59.08% | 63.87% |
| Sector with Highest Exposure | Services (32.44%) | Services (28.72%) | Services (25.7%) | Services (22.51%) | Services (18.21%) | Services (19.51%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) TVS Motor Company Automobile 4.49 72.68 50.20 42.74 Bharti Airtel Communication 4.29 34.78 57.99 21.22 Eternal Services 4.16 1707.55 0.19 28.04 Linde India Chemicals 3.86 116.27 52.57 -23.09 Hitachi Energy India Capital Goods 3.69 152.68 113.33 27.09 ICICI Bank Financial 3.68 18.48 74.61 10.44 One97 Communications Services 3.61 274.71 4.74 75.57 PB Fintech Services 3.37 204.63 8.22 -0.24 Cummins India Capital Goods 3.16 52.76 77.24 17.15 Navin Fluorine International Chemicals 2.71 73.84 69.20 56.81
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Baroda BNP Paribas Innovation Fund Direct - Growth 12.91 Unrated 933.59 -0.53 -2.25 - - Nippon India Innovation Fund Direct - Growth 14.99 Unrated 2,800.81 -2.24 2.84 - - UTI Innovation Fund Direct - Growth 12.16 Unrated 826.18 -1.75 -5.52 - - Bandhan Innovation Fund Direct-Growth 13.87 Unrated 1,788.04 1.25 7.97 - - SBI Innovative Opportunities Fund Direct-Growth 10.15 Unrated 6,857.98 -0.43 1.05 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
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Fund Manager
- P.K.Pratish KrishnanSince Feb 20249 schemes
Mr. Krishnan has done MMS in Finance Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Antique Stock Broking as Sr Analyst- IT, Telecom & Media, DSP Merrill Lynch as Vice President- Research, SBI Capital Markets as Sr. research Analyst, Cholamandalam DBS Finance LTD as Research Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Baroda BNP Paribas ELSS Tax Saver Fund Direct-Growth ELSS 110.17 896.05 2.03 Baroda BNP Paribas Aggressive Hybrid Fund Direct - Growth Aggressive Hybrid 32.33 1,227.85 1.87 Baroda BNP Paribas Conservative Hybrid Fund Direct-Growth Conservative Hybrid 55.57 812.15 6.65 Baroda BNP Paribas Balanced Advantage Fund Direct - Growth Dynamic Asset Allocation 27.36 4,361.97 6.77 Baroda BNP Paribas Equity Savings Fund Direct - Growth Equity Savings 18.16 264.97 6.79 Baroda BNP Paribas Multi Asset Active FoF Direct-Growth Multi Asset Allocation 10.81 Unrated 122.00 - Baroda BNP Paribas Children's Fund Direct-Growth Flexi Cap 11.18 Unrated 96.94 - Baroda BNP Paribas Multi Asset Fund Direct - Growth Multi Asset Allocation 16.36 Unrated 1,204.19 8.47 Baroda BNP Paribas Retirement Fund Direct - Growth Aggressive Hybrid 11.75 Unrated 376.30 5.59
More Baroda BNP Paribas Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Liquid Direct Fund-Growth | 11,835.57 | 0.47 | 1.46 | 3.32 | 6.96 | 7.07 | |
| Baroda BNP Paribas Balanced Advantage Fund Direct - Growth | 4,424.23 | -1.06 | -0.76 | 11.67 | 2.76 | 14.55 | |
| Baroda BNP Paribas Multi Cap Fund Direct-Growth | 2,953.13 | 1.44 | 1.52 | 13.63 | -1.30 | 20.01 | |
| Baroda BNP Paribas Large Cap Fund Direct-Growth | 2,650.36 | -0.35 | -0.32 | 10.53 | -4.57 | 16.54 | |
| Baroda BNP Paribas Midcap Fund Direct-Growth | 2,183.48 | 0.38 | 0.82 | 13.31 | -3.16 | 20.18 | |
| Baroda BNP Paribas Money Market Fund Direct - Growth | 2,048.14 | 0.47 | 1.64 | 4.18 | 7.94 | 7.32 | |
| Baroda BNP Paribas Large & Mid Cap Fund Direct - Growth | 1,620.41 | 0.17 | -0.66 | 11.85 | -5.50 | 18.89 | |
| Baroda BNP Paribas Gilt Fund Direct-Growth | 1,552.56 | -0.97 | -1.40 | 3.62 | 7.46 | 8.06 | |
| Baroda BNP Paribas India Consumption Fund Direct - Growth | 1,472.89 | 4.96 | 7.10 | 16.06 | -0.74 | 17.95 | |
| Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth | 1,396.49 | 0.45 | 1.61 | 3.89 | 7.64 | 7.44 |
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About Baroda BNP Paribas Innovation Fund Direct - Growth
1. Baroda BNP Paribas Innovation Fund - Direct Plan is Open-ended Thematic-Innovation Equity scheme which belongs to Baroda BNP Paribas Mutual Fund House.
2. The fund was launched on Mar 05, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.56% in equities, 3.47% in debts and 0.97% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 35.19% of the assets, the top 3 sectors constitute around 48.91% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Baroda BNP Paribas Innovation Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Baroda BNP Paribas Innovation Fund - Direct Plan is Open-ended Thematic-Innovation Equity scheme which belongs to Baroda BNP Paribas Mutual Fund House.
2. The fund was launched on Mar 05, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.56% in equities, 3.47% in debts and 0.97% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 35.19% of the assets, the top 3 sectors constitute around 48.91% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Baroda BNP Paribas Innovation Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Baroda BNP Paribas Innovation Fund Direct - Growth
- Is it safe to invest in Baroda BNP Paribas Innovation Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Baroda BNP Paribas Innovation Fund - Direct Plan comes under Very High risk category.
- What is the category of Baroda BNP Paribas Innovation Fund - Direct Plan?Baroda BNP Paribas Innovation Fund - Direct Plan belongs to the Equity : Thematic-Innovation category of funds.
- How Long should I Invest in Baroda BNP Paribas Innovation Fund - Direct Plan?The suggested investment horizon of investing into Baroda BNP Paribas Innovation Fund - Direct Plan is null. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Baroda BNP Paribas Innovation Fund - Direct Plan?The Baroda BNP Paribas Innovation Fund - Direct Plan is managed by Pratish Krishnan (Since Feb 14, 2024).
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