Baroda BNP Paribas Balanced Advantage Fund
Baroda BNP Paribas Mutual Fund · Best Balanced Advantage Mutual Funds
This is the Direct plan of Baroda BNP Paribas Balanced Advantage Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★★☆4/5 vs 30 of 36 Dynamic Asset Allocation or Balanced Advantage peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Dynamic Asset Allocation or Balanced Advantage (same plan and option). 30 of the 36 Dynamic Asset Allocation or Balanced Advantage funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +10.75% · ranks 4 of 30 Dynamic Asset Allocation or Balanced Advantage funds
Volatility 10.6% vs 8.4% category avg
0.9% expense vs 1.1% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 1-year return (+3.08%) beats the Dynamic Asset Allocation or Balanced Advantage average (+0.29%)
- 3-year return (+10.75%) beats the Dynamic Asset Allocation or Balanced Advantage average (+8.57%)
- 5-year return (+10.29%) beats the Dynamic Asset Allocation or Balanced Advantage average (+8.36%)
- Ranks #4 of 36 on 1-year return in its Dynamic Asset Allocation or Balanced Advantage cohort
- Stronger risk-adjusted returns — Sharpe 0.40 vs 0.26 Dynamic Asset Allocation or Balanced Advantage average
Concerns
- More volatile than its Dynamic Asset Allocation or Balanced Advantage peers (10.6% vs 8.4%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Dynamic Asset Allocation or Balanced Advantage)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.28% | -3.50% | -1.78% |
| 3M abs | -3.21% | -2.00% | -1.21% |
| 6M abs | +6.67% | +4.59% | +2.08% |
| 1Y CAGR | +3.08% | +0.29% | +2.79% |
| 3Y CAGR | +10.75% | +8.57% | +2.18% |
| 5Y CAGR | +10.29% | +8.36% | +1.93% |
Category average across peers in Dynamic Asset Allocation or Balanced Advantage (up to 36 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 36 peers in Dynamic Asset Allocation or Balanced Advantage
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Baroda BNP Paribas Balanced Advantage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 50 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -1.72% | -12.85% | +11.13% | |
| 2025 | +9.06% | +11.97% | -2.91% | |
| 2024 | +16.32% | +10.16% | +6.16% | |
| 2023 | +22.50% | +21.69% | +0.81% | |
| 2022 | +4.04% | +5.68% | -1.64% | |
| 2021 | +18.21% | +25.49% | -7.28% | |
| 2020 | +27.86% | +16.57% | +11.29% | |
| 2019 | +12.23% | +13.43% | -1.20% | |
| 2018part | +1.10% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity80.61%
- Debt9.57%
- Cash & Equivalents5.63%
- Real Estate / REITs4.19%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹4,798Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Baroda BNP Paribas Mutual Fund was formed in 2022 by merging Baroda Mutual Fund into BNP Paribas Mutual Fund, and is a joint venture between Bank of Baroda and BNP Paribas Asset Management. It pairs a public-sector bank's distribution reach with a global manager's process.
Fund Managers
GWGurvinder Singh WasanManaging since 21 Oct 2024
• Masters in Commerce • Chartered Accountant • CFA (USA)
Mr. Gurvinder Singh Wasan October has overall experience of 21, 2024 21 years spreading over fund management, rating agency, treasury and retail banking. His last stint was with JM Financial Asset Management Limited where he was designated as Senior Fund Manager and Credit Analyst for 2.5 years and handled fixed income desk overseeing the fund management responsibilities. Before joining JM Financial Asset Management Limited, he was associated with Principal Asset Management Private Limited for 13 years where he handled Fund management and credit analysis related activities. His earlier experience includes stints with CRISIL Ltd. and ICICI Bank ltd.
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PKPratish KrishnanManaging since 05 Aug 2021
Fund Manager & Senior Analyst
• B. Com, • MMS (Finance)
Mr. Pratish Krishnan has over 23 years of experience in equity markets covering equity research and fund management. Mr. Krishnan is designated as Fund Manager & Senior Analyst with Baroda BNP Paribas Asset Management India Private Limited. In his previous assignment, he has worked with leading institutional brokerage houses such as Antique Finance, Bank of America Merrill Lynch, SBI Capital Markets in equity research.
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NSNeeraj SaxenaManaging since 21 Oct 2024
Fund Manager & Dealer Equity
• PGDBA Finance from Welingkars Institute • M.Sc. (Organic Chemistry)
Mr. Neeraj Saxena, is currently employed with Baroda BNP Paribas Asset Management India Private Limited with rich experience of 20 years in the Indian financial services industry, handles the responsibility of being the Fund Manager & Dealer in equity domain for Baroda BNP Paribas AMC. Prior to joining BBNPP AMC, Mr. Saxena was the Assistant Vice President - Institutional Equity Sales at Stratcap Securities. He has also held notable positions like Head - Communication Cell at Karvy Stock Broking and Senior Investment Advisor at Iden Investment Advisor.
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SCSanjay ChawlaManaging since 14 Nov 2018
Chief Investment Officer Equity (CIO-Equity)
MMS-BITS, Pilani
Mr. Chawla has over 33 years of March 14, 2022 experience in fund management, equity research and Management Consultancy. He is designated as Chief Investment Officer - Equity with Baroda BNP Paribas Asset Management India Private Limited. n his previous assignment, he has worked with Baroda Asset Management India Limited as Chief Investment officer, Birla SunLife AMC as Sr. Fund Manager-Equity, managing various schemes with different strategies. Mr. Chawla has also worked as Head of Research with SBI Capital Markets and in various capacities in the equity research space in Motilal Oswal Securities, IDBI Capital Markets, SMIFS Securities, IIT Invest Trust & Lloyds Securities. He is the fund manager for certain schemes of the Mutual Fund
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Baroda BNP Paribas in the news
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Balanced Advantage funds
Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.
From the blog
Frequently asked questions
What is the NAV of Baroda BNP Paribas Balanced Advantage Fund?
As of 01 Oct 2026, the NAV of Baroda BNP Paribas Balanced Advantage Fund is ₹27.33 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Baroda BNP Paribas Balanced Advantage Fund delivered?
Baroda BNP Paribas Balanced Advantage Fund has returned +3.08% over 1 year, +10.75% per year over 3 years, +10.29% per year over 5 years and +13.60% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Baroda BNP Paribas Balanced Advantage Fund?
Baroda BNP Paribas Balanced Advantage Fund charges an expense ratio of 0.92% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Baroda BNP Paribas Balanced Advantage Fund?
Baroda BNP Paribas Balanced Advantage Fund's largest holdings are HDFC Bank Limited (2.9%), Reliance Industries Limited (2.9%), Larsen & Toubro Limited (2.5%), Bharti Airtel Limited (2.3%) and Bharat Heavy Electricals Limited (2.2%). Holdings are disclosed monthly and change over time.
How risky is Baroda BNP Paribas Balanced Advantage Fund?
Baroda BNP Paribas Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.6% and its worst peak-to-trough fall in our sample was -20.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.40 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Baroda BNP Paribas Balanced Advantage Fund's 0.40 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Baroda BNP Paribas Balanced Advantage Fund?
Baroda BNP Paribas Balanced Advantage Fund is benchmarked against the NIFTY 50 Hybrid Composite debt 50:50 Index. Its alpha and beta on this page are measured against that index.
Who manages Baroda BNP Paribas Balanced Advantage Fund?
Baroda BNP Paribas Balanced Advantage Fund is managed by Gurvinder Singh Wasan, Pratish Krishnan, Neeraj Saxena and Sanjay Chawla at Baroda BNP Paribas.
How is Baroda BNP Paribas Balanced Advantage Fund taxed?
Baroda BNP Paribas Balanced Advantage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.