SWITCH TO DIRECTHELPMUTUAL FUNDS
0% COMMISSION ON GROWW
Home>Mutual Funds>Baroda Bnp Paribas Mutual Fund>Best Baroda Bnp Paribas Equity Mutual Funds

Best Baroda BNP Paribas Equity Mutual Funds

The Baroda Asset Management India Limited is a fully-owned subsidiary of the state-run Bank of Baroda with Baroda Trustee Private Limited as its trustee. It offers a broad range of money market, debt, and equity instruments. The current mutual fund offerings of this AMC feature more than 15 schemes, spread across equity, hybrid, and debt categories, which includes the best Baroda equity mutual funds.

Equity mutual funds are a category of mutual funds that invest a minimum of 65% of their corpus in stocks. The remaining asset portion of 35% might be invested in money-market or debt instruments. Apart from being primarily divided as active or passive, equity mutual funds can be segregated based on various categories. For instance, they can be divided according to market capitalisation, or they can also be classified as sectoral or diversified.

In an active equity fund, a fund manager conducts a market scan, researches companies, assesses performance, and searches for the best stocks for investing. A fund manager constructs a portfolio that reflects a well-known market index like Nifty Fifty or Sensex in a passive equity fund.

Premised on market capitalisation, equity mutual funds are of four types – small-cap, mid-cap, large-cap, and multi-cap. Small-cap funds invest primarily in small-cap companies, mid-cap funds in mid-cap organisations, and so on. 

Based on sectoral diversification, there are two types, namely, diversified and thematic funds. The latter involves investments in a particular theme or sector, like infrastructure, pharma, infotech, etc. The former type of equity mutual fund invests across different sectors. 

Another type of equity MF is ELSS, which facilitates tax-saving under Section 80C. It is one of the only mutual funds with a lock-in period of 3 years. That means investors cannot redeem their investments prior to this period. 

Since a high amount of risk accompanies these mutual funds, they are capable of offering high returns compared to hybrid and debt funds. Primarily, the benefit of investing in the best Baroda equity mutual funds 2023 is that an investor need not be concerned about selecting shares or stocks to invest in as the fund manager takes care of that.

There are over 8 top Baroda equity mutual funds featured in AMC's current offerings, comprising mid-cap, ELSS, multi-cap, and thematic schemes.

Taxability

In addition to being familiar with the best Baroda equity mutual funds, it is highly necessary to understand the taxability involved in these funds.

Long-term Capital Gains Tax: The investor earns long-term capital gains when selling their equity fund units after a holding period of 12 months or more. Tax exemption is allowed on these capital gains up to a limit of Rs.1 lakh in a year. If the long-term capital gains exceed this limit, an LTCG tax is levied at 10% on the excess sum. 

Short-term Capital Gains Tax: When redeeming equity fund units within a period of 12 months, investors earn short-term gains. Irrespective of the amount, these gains attract taxes at a 15% rate.

TDS: As per section 194K, TDS at a rate of 10% won’t be deducted if the investor’s dividend income is within Rs.5000 for a given financial year.

Factors to Consider Before Investing

Other than the taxation on the best Baroda equity mutual funds, there are some other factors that investors must consider.

Investment objective: Every scheme has a unique objective, which can be aggressive wealth appreciation, steady capital growth, etc. Investors may want to check an equity MF’s objective when shortlisting potential schemes. It’d help them select a plan that accords with their investment outlook and horizon.  

Risk appetite: An equity mutual fund comes with a substantial amount of risk. Investors must be aware of their risk appetite to select the best Baroda equity mutual fund. Risk tolerance is a highly subjective issue, and the financial situation of an individual is a key consideration in this regard.

Experience of the fund manager: The performance of an investor’s fund depends a lot on the competence of its manager. That is why most experienced investors put significant emphasis on a fund manager and their team. Fund managers are differentiated based on several factors—ability to identify scripts, experience level, qualifications, etc.

Past performance of the fund: Though the past performance of a particular fund does not indicate probable returns, it can help depict its robustness under varying market conditions. The past returns of a specific scheme can be used for judging its quality and ability to stick to the pre-set objective. 

Expense ratio: The expense ratio defines the fee an AMC charges for managing a scheme. It includes the fees for recording keeping and the salary of a fund manager. In the long run, a scheme having a low expense ratio has the potential of translating to greater returns.

Among the best Baroda equity mutual funds, choosing one can prove to be a daunting task for first-time investors. However, this article, along with a basic understanding of mutual funds, can prove to be highly helpful.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

List of Baroda Bnp Paribas Equity Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Baroda BNP Paribas Aggressive Hybrid Fund
HybridVery High28.0%4₹1,200
Baroda BNP Paribas Arbitrage Fund
HybridLow8.3%3₹1,306
Baroda BNP Paribas Multi Cap Fund
EquityVery High40.5%4₹2,810
Baroda BNP Paribas Short Duration Direct Fund
DebtModerate8.8%4₹202
Baroda BNP Paribas Liquid Direct Fund
DebtLow to Moderate7.5%3₹9,650
Baroda BNP Paribas India Consumption Fund
EquityVery High30.3%3₹1,574
Baroda BNP Paribas Midcap Fund
EquityVery High35.9%3₹2,247
Baroda BNP Paribas Large Cap Fund
EquityVery High31.3%4₹2,439
Baroda Hybrid Equity Fund
HybridVery High15.6%3₹373
Baroda BNP Paribas Credit Risk Fund
DebtModerately High9.4%4₹167
View All

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth

Fund Performance: The Baroda BNP Paribas Aggressive Hybrid Fund has given 18.18% annualized returns in the past three years and 19.05% in the last 5 years. The Baroda BNP Paribas Aggressive Hybrid Fund comes under the Hybrid category of BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Aggressive Hybrid Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹1,200Cr
1Y Returns28.0%

Baroda BNP Paribas Arbitrage Fund Direct Growth

Fund Performance: The Baroda BNP Paribas Arbitrage Fund has given 6.74% annualized returns in the past three years and 5.95% in the last 5 years. The Baroda BNP Paribas Arbitrage Fund comes under the Hybrid category of BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Arbitrage Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹1,306Cr
1Y Returns8.3%

Baroda BNP Paribas Multi Cap Fund Direct Growth

Fund Performance: The Baroda BNP Paribas Multi Cap Fund has given 22.91% annualized returns in the past three years and 25.38% in the last 5 years. The Baroda BNP Paribas Multi Cap Fund comes under the Equity category of Baroda BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Multi Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹2,810Cr
1Y Returns40.5%

Baroda BNP Paribas Short Duration Direct Fund Growth

Fund Performance: The Baroda BNP Paribas Short Duration Direct Fund has given 6.52% annualized returns in the past three years and 6.69% in the last 5 years. The Baroda BNP Paribas Short Duration Direct Fund comes under the Debt category of Baroda BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Short Duration Direct Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹202Cr
1Y Returns8.8%

Baroda BNP Paribas Liquid Direct Fund Growth

Fund Performance: The Baroda BNP Paribas Liquid Direct Fund has given 6.42% annualized returns in the past three years and 5.4% in the last 5 years. The Baroda BNP Paribas Liquid Direct Fund comes under the Debt category of Baroda BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Liquid Direct Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹9,650Cr
1Y Returns7.5%

Baroda BNP Paribas India Consumption Fund Direct Growth

Fund Performance: The Baroda BNP Paribas India Consumption Fund has given 21.3% annualized returns in the past three years and 22.75% in the last 5 years. The Baroda BNP Paribas India Consumption Fund comes under the Equity category of BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas India Consumption Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹1,574Cr
1Y Returns30.3%

Baroda BNP Paribas Midcap Direct Growth

Fund Performance: The Baroda BNP Paribas Midcap Fund has given 23.94% annualized returns in the past three years and 28.37% in the last 5 years. The Baroda BNP Paribas Midcap Fund comes under the Equity category of BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Midcap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹2,247Cr
1Y Returns35.9%

Baroda BNP Paribas Large Cap Fund Direct Growth

Fund Performance: The Baroda BNP Paribas Large Cap Fund has given 19.7% annualized returns in the past three years and 19.96% in the last 5 years. The Baroda BNP Paribas Large Cap Fund comes under the Equity category of BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Large Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹2,439Cr
1Y Returns31.3%

Baroda Hybrid Equity Fund Direct Plan Growth

Fund Performance: The Baroda Hybrid Equity Fund has given 15.04% annualized returns in the past three years and 12.27% in the last 5 years. The Baroda Hybrid Equity Fund comes under the Hybrid category of Baroda Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda Hybrid Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹373Cr
1Y Returns15.6%

Baroda BNP Paribas Credit Risk Fund Direct Growth

Fund Performance: The Baroda BNP Paribas Credit Risk Fund has given 7.52% annualized returns in the past three years and 8.98% in the last 5 years. The Baroda BNP Paribas Credit Risk Fund comes under the Debt category of Baroda BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Credit Risk Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹167Cr
1Y Returns9.4%

Explore all Mutual Funds on Groww

ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.8
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ