Baroda BNP Paribas Dynamic Term Fund
Baroda BNP Paribas Mutual Fund · Best Dynamic Bond Mutual Funds
This is the Direct plan of Baroda BNP Paribas Dynamic Term 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.
NAV history
Scorecard
★★☆☆☆2/5 vs 22 Dynamic Bond 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 Bond (same plan and option).
3Y CAGR +6.15% · ranks 17 of 22 Dynamic Bond funds
Volatility 2.4% vs 2.2% category avg
0.7% expense vs 0.5% 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
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- 1-year return (+2.17%) trails the Dynamic Bond average (+3.77%)
- 3-year return (+6.15%) trails the Dynamic Bond average (+6.83%)
- Ranks #19 of 22 on 1-year return in its Dynamic Bond cohort
- Weaker risk-adjusted returns — Sharpe -0.15 below the Dynamic Bond average of 0.19
- High expense ratio (0.74%) vs the Dynamic Bond average of 0.54%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Dynamic Bond)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -0.27% | -0.28% | +0.01% |
| 3M abs | -0.14% | -0.36% | +0.22% |
| 6M abs | +3.24% | +3.37% | -0.13% |
| 1Y CAGR | +2.17% | +3.77% | -1.60% |
| 3Y CAGR | +6.15% | +6.83% | -0.68% |
| 5Y CAGR | — | +6.09% | — |
Category average across peers in Dynamic Bond (up to 21 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 21 peers in Dynamic Bond
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into Baroda BNP Paribas Dynamic Term 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 | |
|---|---|---|
| 2026part | +1.81% | |
| 2025 | +5.46% | |
| 2024 | +9.35% | |
| 2023 | +7.97% | |
| 2022part | +3.96% |
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.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
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- Debt70.83%
- Cash & Equivalents29.01%
- Real Estate / REITs0.16%
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
PPPrashant PimpleManaging since 11 Jul 2024
Chief Investment Officer -Fixed Income
• BCom, • MMS (Fin), • ACTM
Mr. Prashant Pimple has an overall experience of 25 years. He is designated as Chief Investment Officer – Fixed Income of Baroda BNP Paribas Asset Management India Private Limited. His previous stint was with JM Financial AMC as CIO – Fixed Income. Prior to that, he has also worked with Nippon AMC.
VPVikram PamnaniManaging since 16 Sep 2026
Senior Fund Manager
PGDM (Finance) Overnight Fund
Mr. Pamnani brings over 15 March 14, years of experience in the 2022 Fixed Income domain and he joins us from Essel Finance Asset Management Company Limited where he has spent over 3 years playing a key role in Fund Management of Mutual Fund Schemes. Prior to this stint, he has worked as Fixed Income trader at Canara Robeco Mutual Fund and was responsible for trading/execution of fixed income assets across duration schemes. Prior to Canara Robeco Mutual Fund, he has also worked with Deutsche Bank as a Documentary Credit Analyst.
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Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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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 Dynamic Bond funds
Dynamic bond funds have no duration mandate at all: the manager moves between short and long bonds as their rate view changes. That hands one call — where rates go next — to the manager, so the outcome depends heavily on getting it right.
From the blog
Frequently asked questions
What is the NAV of Baroda BNP Paribas Dynamic Term Fund?
As of 05 Oct 2026, the NAV of Baroda BNP Paribas Dynamic Term Fund is ₹52.35 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Baroda BNP Paribas Dynamic Term Fund delivered?
Baroda BNP Paribas Dynamic Term Fund has returned +2.17% over 1 year, +6.15% per year over 3 years and +6.24% 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 Dynamic Term Fund?
Baroda BNP Paribas Dynamic Term Fund charges an expense ratio of 0.74% 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 Dynamic Term Fund?
Baroda BNP Paribas Dynamic Term Fund's largest holdings are 7.24% Government of India (18/08/2055) (9.2%), 7.35% Export Import Bank of India (27/07/2028) (8.7%), 6.79% Government of India (07/10/2034) (8.6%), 6.92% Power Finance Corporation Limited (16/02/2028) (8.6%) and 7.53% Bajaj Housing Finance Limited (28/09/2029) (6.0%). Holdings are disclosed monthly and change over time.
How risky is Baroda BNP Paribas Dynamic Term Fund?
Baroda BNP Paribas Dynamic Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 2.4% and its worst peak-to-trough fall in our sample was -2.5%. 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 -0.15 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Baroda BNP Paribas Dynamic Term Fund's -0.15 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of Baroda BNP Paribas Dynamic Term Fund?
Baroda BNP Paribas Dynamic Term Fund is benchmarked against the CRISIL Dynamic Bond A-III Index. Its alpha and beta on this page are measured against that index.
Who manages Baroda BNP Paribas Dynamic Term Fund?
Baroda BNP Paribas Dynamic Term Fund is managed by Prashant Pimple and Vikram Pamnani at Baroda BNP Paribas.
How is Baroda BNP Paribas Dynamic Term Fund taxed?
Baroda BNP Paribas Dynamic Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.