Baroda BNP Paribas Innovation Fund Direct Growth

Baroda BNP Paribas Innovation Fund Direct Growth

1M
6M
1Y
All
NAV: 27 Mar '26
₹11.99
Min. for SIP
₹500
Fund size (AUM)
₹865.46 Cr
Expense ratio
1.02%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹15,307
+2.05%
6 months₹30,000₹31,313
+4.38%
1 year₹60,000₹63,978
+6.63%

Holdings (45)

NameSectorInstrumentsAssets
Hitachi Energy India Ltd.Capital GoodsEquity4.59%
Linde India Ltd.ChemicalsEquity4.49%
One97 Communications Ltd.ServicesEquity3.87%
Navin Fluorine International Ltd.ChemicalsEquity3.57%
Eternal Ltd.ServicesEquity3.40%
TVS Motor Company Ltd.AutomobileEquity3.19%
Multi Commodity Exchange Of India Ltd.ServicesEquity3.17%
Cummins India Ltd.Capital GoodsEquity3.15%
Bharti Airtel Ltd.CommunicationEquity2.89%
ICICI Bank Ltd.FinancialEquity2.87%
PB Fintech Ltd.ServicesEquity2.84%
3M India Ltd.Consumer StaplesEquity2.71%
Acutaas Chemicals Ltd.HealthcareEquity2.71%
Bajaj Finance Ltd.FinancialEquity2.65%
Divi's Laboratories Ltd.HealthcareEquity2.61%
Reliance Industries Ltd.EnergyEquity2.38%
FSN E-Commerce Ventures Ltd.ServicesEquity2.27%
Mahindra & Mahindra Ltd.AutomobileEquity2.23%
Interglobe Aviation Ltd.ServicesEquity2.12%
Sagility Ltd.ServicesEquity2.08%
Swiggy Ltd.ServicesEquity2.06%
KFin Technologies Ltd.FinancialEquity1.99%
Info Edge (India) Ltd.ServicesEquity1.94%
Bosch Ltd.AutomobileEquity1.91%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity1.87%
Max Financial Services Ltd.FinancialEquity1.85%
Amber Enterprises India Ltd.Consumer DiscretionaryEquity1.83%
Ujjivan Small Finance Bank Ltd.FinancialEquity1.77%
Travel Food Services Ltd.ServicesEquity1.65%
GE Vernova T&D India LtdCapital GoodsEquity1.60%
TBO Tek Ltd.ServicesEquity1.60%
BSE Ltd.ServicesEquity1.53%
JTEKT India Ltd.AutomobileEquity1.39%
Pfizer Ltd.HealthcareEquity1.34%
Infosys Ltd.TechnologyEquity1.32%
Bharat Heavy Electricals Ltd.Capital GoodsFutures1.21%
Amagi Media Labs Ltd.TechnologyEquity1.20%
Reserve Bank of IndiaFinancialT-Bills1.15%
Pine Labs Ltd.FinancialEquity1.10%
KPIT Technologies Ltd.TechnologyEquity1.08%
Fractal Analytics Ltd.TechnologyEquity1.06%
LG Electronics India Ltd.Consumer DiscretionaryEquity1.06%
Tata Elxsi Ltd.TechnologyEquity0.94%
Prudent Corporate Advisory Services Ltd.FinancialEquity0.60%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.06%
See All

Minimum investments

Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name3M6M1YAll
Fund returns-6.2%-3.6%+9.3%+22.3%
Category average (Equity Thematic)-----1.5%--
Rank (Equity Thematic)111--

Exit load, stamp duty and tax

Exit load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Fund management

MV
Miten Vora
Feb 2024 - Present
View details

Education
Mr. Vora has done B.Com, PGDM (Finance) and ICFAI-Hyderabad
Experience
Prior to joining Baroda BNP Paribas Mutual Fund, he was associated with Canara HSBC Oriental Life Insurance, BNP Paribas AMC, IDBI AMC and Antique Stock Broking Ltd.

AP
Ankeet Pandya
Jan 2025 - Present
View details

Education
MBA Finance
Experience
Prior to joining Baroda BNP Paribas Mutual Fund, he was working with InCred Asset management Private Ltd, Motilal Oswal Securities Ltd and Elara Capital India Private Ltd.

About Baroda BNP Paribas Innovation Fund Direct Growth

Baroda BNP Paribas Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by Baroda BNP Paribas Mutual Fund. This scheme was made available to investors on 15 Apr 2004. Pratish Krishnan is the Current Fund Manager of Baroda BNP Paribas Innovation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹53,880 Cr and the Latest NAV as of 27 Mar 2026 is ₹11.99. The Baroda BNP Paribas Innovation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;

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 benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)#25 in India
Total AUM₹53,879.99 Cr
Date of Incorporation15 Apr 2004
Phone022-33704000
E-mail--
Launch Date15 Apr 2004
AddressBNP Paribas House,7th Floor, G-Block,Bandra Kurla Complex, Bandra Mumbai 400051
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,