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Baroda BNP Paribas Innovation Fund Direct plan - Growth Option is an equity scheme managed by Baroda BNP Paribas Mutual Fund. It has ranked in the top half of its category for 0 of the last 1 reported years. The total expense ratio is 1.05% on assets of ₹870Cr. The fund is currently managed by Mr. Ankeet Pandya, appointed within the last year.
Lower is better.
This scheme classifies as Large-Growth on the 3x3 equity style box, with 93% of its portfolio classified as of 2026-05-29.
| Holding | Sector |
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| Window | Min | P25 | Median |
|---|
Point-in-time CAGRs cherry-pick a single start date. The chart below shows the distribution of every possible rolling start over the fund's history, so you see the range of investor outcomes — not just one date's number.
Backtested SIP outcomes across both rolling-window scenarios and named historical stress events (COVID, Election uncertainty, Russia/Ukraine, etc.), plus per-manager alpha during their tenure on this scheme.
Same fund, monthly SIPs over rolling 1/3/5-year windows.
| Scheme | AMC | AUM | TER | 3Y |
|---|
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not indicative of future results. MintByte is an AMFI-registered Mutual Fund Distributor (ARN-314872) and APMI member (APRN-01658). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Star ratings on this page reflect a 3-year category-quartile position computed in-house and are educational only.
Mutual fund schemes are subject to market risk. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.
In-house derivations using 3-year daily NAV vs benchmark. See methodology.
| Weight |
|---|
| LINDE INDIA LIMITED | Basic Materials | 4.65% |
| HITACHI ENERGY INDIA LIMITED | Industrials | 4.60% |
| CUMMINS INDIA LIMITED | Industrials | 3.37% |
| PB FINTECH LIMITED | Financial Services | 3.18% |
| NAVIN FLUORINE INTERNATIONAL LTD | Basic Materials | 3.09% |
| BHARTI AIRTEL LIMITED | Communication Services | 2.89% |
| TVS MOTOR COMPANY LIMITED | Consumer Cyclical | 2.87% |
| RELIANCE INDUSTRIES LIMITED | Energy | 2.67% |
| ICICI BANK LIMITED | Financial Services | 2.61% |
| 3M INDIA LIMITED | Industrials | 2.40% |
| SAGILITY INDIA PRIVATE LIMITED | Healthcare | 2.29% |
| FSN E-COMMERCE VENTURES LIMITED | Consumer Cyclical | 2.25% |
| BSE LIMITED | Financial Services | 2.05% |
| MAHINDRA AND MAHINDRA LIMITED | Consumer Cyclical | 2.02% |
| BOSCH LIMITED | Consumer Cyclical | 1.88% |
| INTERGLOBE AVIATION LIMITED | Industrials | 1.87% |
| KFIN TECHNOLOGIES LIMITED | Technology | 1.85% |
| AMBER ENTERPRISES INDIA LIMITED | Consumer Cyclical | 1.84% |
| Swiggy Pvt Ltd | Consumer Cyclical | 1.83% |
| LENSKART SOLUTIONS PRIVATE LIMITED | Healthcare | 1.79% |
| UJJIVAN SMALL FINANCE BANK LIMITED | Financial Services | 1.73% |
| TBO TEK LIMITED | Consumer Cyclical | 1.63% |
| MAX FINANCIAL SERVICES LIMITED | Financial Services | 1.61% |
| FRACTAL ANALYTICS PRIVATE LIMITED | Technology | 1.43% |
| AMAGI MEDIA LABS PRIVATE LIMITED | Technology | 1.28% |
| Sector | Holdings | Weight |
|---|---|---|
| Financial Services | 6 | 25.01% |
| Consumer Services | — | 14.39% |
| Capital Goods | — | 9.82% |
| Information Technology | — | 9.61% |
| Automobile and Auto Components | — | 8.09% |
| Chemicals | — | 7.74% |
| Healthcare | 3 | 7.12% |
| Consumer Durables | — | 2.90% |
| Telecommunication | — | 2.89% |
| Oil, Gas & Consumable Fuels | — | 2.67% |
Active bets vs the average Equity fund. Biggest deviations shown first.
Accent bar = fund's actual sector weight. Vertical black tick = category average for the same sector. Green overlay = overweight, dashed red = underweight. The biggest active bets show first.
How crowded into the same stocks is this fund vs the largest fund in its category?
Category leader = highest-AUM scheme in the same SEBI category. A high overlap-of-weight number means the fund is concentrated into the same names as the leader (crowded); a low one means it's genuinely differentiated.
| P75 |
|---|
| Max |
|---|
| Positive % |
|---|
| 1Y | -6.08% | 0.98% | 5.66% | 9.56% | 21.28% | 80.0% |
Each cell is one year. Q1 = top quartile within the AMFI category for that period. Cell label is the last two digits of the year.
Top-10 weight 32.3% means the portfolio is broad — even the top names don't dominate. Effective-N is the inverse Herfindahl index — a measure of "how many positions effectively drive the fund" after weighting. Category: Equity.
Compounding maths on a notional ₹10 lakh lumpsum at 12% gross annual return. Green bar is what you'd have without the fee; red overlay is the fee drag. Fee is constant in this scenario — actual outcomes depend on real returns and any future TER changes.
What an investor SIPping into this fund actually got during named market shocks.
Each row is a back-tested SIP — monthly contribution over the regime's duration, no fees adjustment beyond NAV-baked TER. XIRR is the annualised IRR of those cashflows; Abs return is the absolute cash-on-cash; Max DD is the deepest drawdown experienced mid-investment. Past performance is not indicative of future results.
Alpha is the annualised excess return vs benchmark over the manager's tenure on this scheme. Beat-benchmark = total return beat the index over the same window.
Does the fund get worse as it gets bigger? Each dot is one historical manager-tenure: AUM at tenure-end vs alpha delivered during that tenure.
Correlation is too weak to confirm or rule out capacity-driven alpha decay. Re-evaluate as more manager-tenure data accumulates.
Each dot is one manager-tenure: X = AUM at tenure end, Y = alpha during that tenure. Connecting line in chronological order. Pearson r measures the linear relationship between AUM and alpha across the historical record. n = 2 data points.
| 5Y |
|---|
| Star |
|---|
| Kotak Pioneer Fund- Direct Plan- Growth Option | Kotak Mahindra Mutual Fund | ₹3,495 Cr | 0.52% | +21.53% | +16.98% | 5★ |
| Axis Innovation Fund - Direct Plan - Growth Option | Axis Mutual Fund | ₹1,178 Cr | 1.18% | +15.70% | +12.57% | 4★ |
| HDFC INNOVATION FUND - DIRECT PLAN - GROWTH OPTION | HDFC Mutual Fund | ₹2,621 Cr | 0.75% | — | — | — |
| Union Innovation & Opportunities Fund - Direct Plan - IDCW Option | Union Mutual Fund | ₹1,105 Cr | 0.80% | — | — | 3★ |
| Union Innovation & Opportunities Fund - Direct Plan - Growth Option | Union Mutual Fund | ₹1,105 Cr | 0.80% | — | — | 3★ |
| UTI Innovation Fund - Direct Plan - Growth Option | UTI Mutual Fund | ₹740 Cr | 0.99% | — | — | 2★ |
| Baroda BNP Paribas Innovation Fund Direct plan - IDCW Option | Baroda BNP Paribas Mutual Fund | ₹870 Cr | 1.05% | — | — | 3★ |
| Bandhan Innovation Fund - Direct Plan - Growth | Bandhan Mutual Fund | ₹2,102 Cr | 2.31% | — | — | 4★ |
| SBI Innovative Opportunities Fund - Direct Plan - Growth | SBI Mutual Fund | ₹4,988 Cr | 0.94% | — | — | 1★ |