Baroda BNP Paribas Corporate Bond Fund
Baroda BNP Paribas Mutual Fund · Best Corporate Bond Mutual Funds
This is the Direct plan of Baroda BNP Paribas Corporate Bond 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
★★★★★5/5 vs 21 Corporate Bond Fund 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 Corporate Bond Fund (same plan and option).
3Y CAGR +7.68% · ranks 2 of 21 Corporate Bond Funds
Volatility 1.1% vs 1.1% category avg
0.2% expense vs 0.3% 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 (+5.62%) beats the Corporate Bond Fund average (+4.83%)
- 3-year return (+7.68%) beats the Corporate Bond Fund average (+7.16%)
- Ranks #3 of 21 on 1-year return in its Corporate Bond Fund cohort
- Stronger risk-adjusted returns — Sharpe 1.04 vs 0.61 Corporate Bond Fund average
- Low expense ratio (0.21%) vs the Corporate Bond Fund average of 0.34%
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Corporate Bond Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.22% | +0.08% | +0.14% |
| 3M abs | +0.86% | +0.47% | +0.39% |
| 6M abs | +3.66% | +3.08% | +0.58% |
| 1Y CAGR | +5.62% | +4.83% | +0.79% |
| 3Y CAGR | +7.68% | +7.16% | +0.52% |
| 5Y CAGR | — | +6.27% | — |
Category average across peers in Corporate Bond Fund (up to 20 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 20 peers in Corporate Bond Fund
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 Corporate Bond 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 | +4.23% | |
| 2025 | +8.48% | |
| 2024 | +8.72% | |
| 2023 | +7.36% | |
| 2022part | +1.71% |
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- Debt80.56%
- Cash & Equivalents16.91%
- Real Estate / REITs2.53%
Fund size over time
Quarterly average AUM · AMFIDown +35% from its peak of ₹391.33Cr in January - March 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
PPPrashant PimpleManaging since 16 Sep 2026
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 11 Jul 2024
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.
Explore from here
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.
AMFI reshuffle: NSE may get largecap status, SBI Fund Management may become midcap in H1 CY27
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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 Corporate Bond funds
Corporate bond funds lend mainly to high-rated companies (AA+ and above). They aim for a little more yield than government debt while keeping credit risk low.
Frequently asked questions
What is the NAV of Baroda BNP Paribas Corporate Bond Fund?
As of 01 Oct 2026, the NAV of Baroda BNP Paribas Corporate Bond Fund is ₹31.41 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Baroda BNP Paribas Corporate Bond Fund delivered?
Baroda BNP Paribas Corporate Bond Fund has returned +5.62% over 1 year, +7.68% per year over 3 years and +6.68% 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 Corporate Bond Fund?
Baroda BNP Paribas Corporate Bond Fund charges an expense ratio of 0.21% 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 Corporate Bond Fund?
Baroda BNP Paribas Corporate Bond Fund's largest holdings are 7.46% REC Limited (30/06/2028) (5.8%), 7.32% NTPC Limited (17/07/2029) (5.5%), 7.39% Small Industries Dev Bank of India (21/03/2030) (4.3%), 7.54% Hindustan Petroleum Corporation Limited (15/04/2033) (3.7%) and 7.74% Hindustan Petroleum Corporation Limited (02/03/2028) (3.7%). Holdings are disclosed monthly and change over time.
How risky is Baroda BNP Paribas Corporate Bond Fund?
Baroda BNP Paribas Corporate Bond Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.1% and its worst peak-to-trough fall in our sample was -2.3%. 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 1.04 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Baroda BNP Paribas Corporate Bond Fund's 1.04 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Baroda BNP Paribas Corporate Bond Fund?
Baroda BNP Paribas Corporate Bond Fund is benchmarked against the CRISIL Corporate Debt A-II Index. Its alpha and beta on this page are measured against that index.
Who manages Baroda BNP Paribas Corporate Bond Fund?
Baroda BNP Paribas Corporate Bond Fund is managed by Prashant Pimple and Vikram Pamnani at Baroda BNP Paribas.
How is Baroda BNP Paribas Corporate Bond Fund taxed?
Baroda BNP Paribas Corporate Bond 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.