HybridMulti Asset AllocationRegularGrowthHigh

Baroda BNP Paribas Multi Asset Fund

Q: What is the NAV of Baroda BNP Paribas Multi Asset Fund?

As of 05 Oct 2026, the NAV of Baroda BNP Paribas Multi Asset Fund is ₹15.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Baroda BNP Paribas Multi Asset Fund delivered?

Baroda BNP Paribas Multi Asset Fund has returned +2.51% over 1 year, +12.40% per year over 3 years and +12.53% 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.

Q: What is the expense ratio of Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund charges an expense ratio of 2.06% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund's largest holdings are Nippon India ETF Gold Bees (7.8%), Baroda BNP Paribas Gold ETF-RG (7.1%), ICICI Bank Limited (4.8%), HDFC Bank Limited (4.0%) and Hitachi Energy India Limited (4.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.9% and its worst peak-to-trough fall in our sample was -12.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.54 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Baroda BNP Paribas Multi Asset Fund's 0.54 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund is benchmarked against the 65% of Nifty 500 TRI + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold. Its alpha and beta on this page are measured against that index.

Q: Who manages Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund is managed by Jitendra Sriram, Kushant Arora and Vikram Pamnani at Baroda BNP Paribas.

Q: How is Baroda BNP Paribas Multi Asset Fund taxed?

Baroda BNP Paribas Multi Asset 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.

Baroda BNP Paribas Mutual Fund · Best Multi Asset Allocation Mutual Funds

NAV

₹15.57

+0.53% 1D

as of 05 Oct 2026

This is the Regular plan of Baroda BNP Paribas Multi Asset Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+1.81%absolute

52-week rangePrev NAV ₹15.49

Latest ₹15.57

Low ₹14.7145th percentile of its 52-week rangeHigh ₹16.63

Scorecard

★★★☆☆3/5 vs 15 of 36 Multi Asset Allocation 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 Multi Asset Allocation (same plan and option). 15 of the 36 Multi Asset Allocation funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +12.40% · ranks 9 of 15 Multi Asset Allocation funds

RiskHigh

Volatility 10.9% vs 9.9% category avg

CostAverage

2.1% expense vs 2.2% category avg

ConsistencyHigh

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

Trails the Multi Asset Allocation average on 1M/3M/1Y — 1Y by 2.03pp
3-year return (+12.40%) trails the Multi Asset Allocation average (+13.25%)
Weaker risk-adjusted returns — Sharpe 0.54 below the Multi Asset Allocation average of 0.74
More volatile than its Multi Asset Allocation peers (10.9% vs 9.9%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.06%

Category 2.19%▼0.13%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

21.68

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.54

Category 0.74▼0.20

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

NIL if units of the scheme are redeemed or switched out upto 10% of the units withing 12 months from the date of allotment, 1% if units of the scheme are redeemed or switched out in excess of limit within 12 months from the date of allotment, NIL if units of scheme are redeemed or switched out after 12 months from the date of allotment.

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

65% of Nifty 500 TRI + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

26 Dec 2022

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.66%

Absolute return over the last 3 months (not annualized)

-3.12%

Absolute return over the last 6 months (not annualized)

+3.64%

Absolute return since 1 Jan of this year (not annualized)

-2.13%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+2.51%

3-year annualized return (CAGR)

+12.40%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+12.53%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

10.93%

Excess return per unit of total volatility (rf = 6.5%)

0.54

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.74

Largest peak-to-trough decline over full history

-12.36%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

5.45%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.77

How much of the fund's movement Nifty 50 TRI explains

87.7%

Excess return per unit of beta (market risk)

7.52

Active return over the benchmark per unit of tracking error

1.17

Annualized std dev of fund-minus-benchmark returns

5.23%

Fund's share of benchmark gains in up months (100 = matches index)

91.7%

Fund's share of benchmark losses in down months (lower is better)

53.1%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Multi Asset Allocation)

Period	Fund	Category avg.	Diff
1M abs	-4.66%	-3.45%	-1.21%
3M abs	-3.12%	-2.23%	-0.89%
6M abs	+3.64%	+3.84%	-0.20%
1Y CAGR	+2.51%	+4.54%	-2.03%
3Y CAGR	+12.40%	+13.25%	-0.85%
5Y CAGR	—	+11.72%	—

Category average across peers in Multi Asset Allocation (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 Multi Asset Allocation

1Y return

+2.51%

Beats 33.3% · rank #21

3Y return

+12.40%

Beats 42.9% · rank #9

5Y return

—

Sharpe

0.54

Beats 35.7% · rank #10

Sortino

0.74

Beats 35.7% · rank #10

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.91L

Absolute

+8.71%

XIRR

+5.80%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Baroda BNP Paribas Multi Asset 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	-2.13%	-12.85%	+10.72%
2025	+13.70%	+11.97%	+1.73%
2024	+14.51%	+10.16%	+4.35%
2023	+22.46%	+21.69%	+0.77%
2022part	+0.07%	—	—

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.

History points

929

Expense ratio

2.06%

AUM

₹1,409Cr

Portfolio turnover

38%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

21.7

P/B ratio

4.4

Avg market cap

₹4,39,063Cr

P/E & P/B are portfolio-weighted harmonic means across 48 of 55 equity holdings (63% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This 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.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

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.

Peer comparison · Multi Asset Allocation

Compare all


Baroda BNP Paribas Multi Asset FundThis fund Baroda BNP Paribas · Regular · Growth	★★★☆☆	+2.51%	+12.40%	—	—	2.06%	₹1,409Cr
Quant Multi Asset Allocation Fund quant · Regular · Growth	★★★☆☆	+11.87%	+20.86%	+17.03%	—	2.29%	₹5,474Cr
Nippon India Multi Asset Allocation Fund Nippon India · Regular · Growth	★★★★★	+6.63%	+16.71%	+13.46%	—	1.44%	₹15,069Cr
DSP Multi Asset Allocation Fund DSP · Regular · Growth	★★★★★	+7.28%	+15.92%	—	—	1.59%	₹9,515Cr
Kotak Multi Asset Allocation Fund Kotak Mahindra · Regular · Growth	★★★☆☆	+8.94%	+15.58%	—	—	1.77%	₹13,629Cr
WhiteOak Capital Multi Asset Allocation Fund WhiteOak Capital · Regular · Growth	★★★★★	+7.98%	+15.16%	—	—	1.67%	₹7,308Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap71.7%
Mid cap18.9%
Small cap9.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity70.11%
Other14.85%
Debt9.54%
Cash & Equivalents4.42%
Real Estate / REITs1.08%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Baroda BNP Paribas Aggressive Hybrid Fund Baroda BNP Paribas · Aggressive Hybrid Fund	84.2% of 73% equity	★★★★☆	0.68%	+10.28%
Baroda BNP Paribas Large Cap Fund Baroda BNP Paribas · Large Cap Fund	75.0%	★★★★☆	0.88%	+10.49%
Baroda BNP Paribas Business Cycle Fund Baroda BNP Paribas · Sectoral/ Thematic	66.1%	★★★☆☆	1.07%	+12.19%
Canara Robeco Large Cap Fund Canara Robeco · Large Cap Fund	50.9%	★★★★☆	0.63%	+9.16%
Groww ELSS Tax Saver Fund Groww · ELSS	50.8%	★☆☆☆☆	1.52%	+7.98%
Invesco India Multi Asset Allocation Fund Invesco · Multi Asset Allocation	50.6% of 37% equity	★★★☆☆	0.54%	—
Nippon India ETF Nifty 100 Nippon India · Other ETFs	50.0%	—	0.51%	+7.29%
PGIM India Large Cap Fund PGIM India · Large Cap Fund	50.0%	★☆☆☆☆	1.09%	+6.85%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 1.02% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I1.02%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-12.4%27 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 09 Sep 2025 — 6 months under water after the low.
-10.4%29 Jan 2026 → 23 Mar 2026
Fell over 2 months, back to the old high on 06 Aug 2026 — 4 months under water after the low.
-6.8%25 Aug 2026 → 01 Oct 2026
Still below that high — 37 days down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹1,409Cr

April - June 2026

+3%

since January - March 2026

+₹55.59Cr

est. net flow, last quarter

At or near its largest, ₹1,409Cr 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.

Launched

14 Apr 2004

Total AUM

₹54,646Cr+2.8% QoQ

Avg AUM · July - September 2026

Website

barodabnpparibasmf.in

Fund Managers

JSJitendra SriramManaging since 19 Dec 2022

Role

Senior Fund Manager Equity

Education

• MBA (finance) • B.E. (Electrical & Electronics Engineering)

Experience

Mr. Jitendra Sriram has overall experience of 26 years. His last stint was with Prabhudas Lilladher Portfolio Management Services as Senior Vice president – Equity Fund Manager. Prior to that, he has worked with various companies viz., Max Life Insurance Company Private Limited, HSBC Securities & Capital Markets (India) Private Limited, HSBC Asset Management (India) Private Limited. Mr. Jitendra Sriram has done his MBA(Finance) and B.E (Electronical & Electronics engineering)

Funds managed (6)

All schemes Jitendra Sriram runs →

KAKushant AroraManaging since 01 Jul 2026

Education

CA, FRM

Experience

Mr. Arora has a total of 11 years of work experience across equity research, portfolio management, financial risk management & audits. His last stint was with VLS Finance Ltd. as an equity research analyst for over 2 years. Prior to that, he worked with various companies like Baroda Asset Management India Ltd., UTI Asset Management Company Ltd. & Axis Securities Ltd.

Funds managed (5)

All schemes Kushant Arora runs →

VPVikram PamnaniManaging since 19 Dec 2022

Role

Senior Fund Manager

Education

PGDM (Finance) Overnight Fund

Experience

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.

Funds managed (11)

All schemes Vikram Pamnani runs →

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

Fund managers

Jitendra Sriram Kushant Arora Vikram Pamnani

Top holdings

ICICI Bank Limited HDFC Bank Limited Hitachi Energy India Limited Reliance Industries Limited Larsen & Toubro Limited Bharti Airtel Limited Eternal Limited Infosys Limited Linde India Limited State Bank of India Sun Pharmaceutical Industries Limited Bharat Heavy Electricals Limited

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 Multi Asset Allocation funds

Multi asset funds spread money across at least three asset classes — typically equity, debt and gold — each at 10% or more. The mix aims to reduce the impact of any one asset having a bad year.

Frequently asked questions

What is the NAV of Baroda BNP Paribas Multi Asset Fund?

As of 05 Oct 2026, the NAV of Baroda BNP Paribas Multi Asset Fund is ₹15.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Baroda BNP Paribas Multi Asset Fund delivered?

Baroda BNP Paribas Multi Asset Fund has returned +2.51% over 1 year, +12.40% per year over 3 years and +12.53% 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 Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund charges an expense ratio of 2.06% 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 Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund's largest holdings are Nippon India ETF Gold Bees (7.8%), Baroda BNP Paribas Gold ETF-RG (7.1%), ICICI Bank Limited (4.8%), HDFC Bank Limited (4.0%) and Hitachi Energy India Limited (4.0%). Holdings are disclosed monthly and change over time.

How risky is Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 10.9% and its worst peak-to-trough fall in our sample was -12.4%. 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 0.54 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Baroda BNP Paribas Multi Asset Fund's 0.54 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund is benchmarked against the 65% of Nifty 500 TRI + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold. Its alpha and beta on this page are measured against that index.

Who manages Baroda BNP Paribas Multi Asset Fund?

Baroda BNP Paribas Multi Asset Fund is managed by Jitendra Sriram, Kushant Arora and Vikram Pamnani at Baroda BNP Paribas.

How is Baroda BNP Paribas Multi Asset Fund taxed?

Baroda BNP Paribas Multi Asset 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.