Baroda BNP Paribas Services Fund
Baroda BNP Paribas Mutual Fund · Best Sectoral & Thematic Mutual Funds
This is the Direct plan of Baroda BNP Paribas Services 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
Not ratedHow 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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Sectoral/ Thematic peers to rank yet
Volatility 8.9% vs 15.7% category avg
1.7% expense vs 1.3% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Less volatile than its Sectoral/ Thematic peers (8.9% vs 15.7%)
Concerns
- High expense ratio (1.69%) vs the Sectoral/ Thematic average of 1.27%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Sectoral/ Thematic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -6.63% | -4.46% | -2.17% |
| 3M abs | — | -2.33% | — |
| 6M abs | — | +12.07% | — |
| 1Y CAGR | — | +3.39% | — |
| 3Y CAGR | — | +13.80% | — |
| 5Y CAGR | — | +12.04% | — |
Category average across peers in Sectoral/ Thematic (up to 255 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
2 monthly installments of ₹10,000 into Baroda BNP Paribas Services Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Expense ratio down: 2.63% → 1.69%02 Oct 2026
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- Equity87.48%
- Cash & Equivalents12.52%
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
KMKirtan MehtaStart date not disclosed
• Masters in Management Studies (Finance) • Bachelor of Engineering (Electronics) • CFA (USA)
Mr. Kirtan Mehta has overall experience of 26 years spreading over equity research, management consultancy, corporate finance, and business development. His last stint was with BOB Capital Markets Limited where he was designated as Vice President for more than 3 years and handled sell- side equity research responsibilities. Prior to that, he has worked with HSBC Group for 14 years (consisting of HSBC Securities & Capital Markets India Private Limited and HSBC EDP India Private Limited) where he handled equity research and management activities. His earlier experience includes stints with ICRA Management Consultancy Service, Reliance Industries, Larsen & Toubro and CMC Limited.
RKRohan KordeStart date not disclosed
MMS (Finance), B.Com.
across BFSI sector Scheme that mutual funds and broking has worked with firms like BOB Capital Lilladher P.L.
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.
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
The Economic Times · 14h ago
Baroda BNP Paribas Short Term Fund - Regular Plan Portfolio
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Baroda BNP Paribas Ultra Short to Short Term Fund - Direct Plan Portfolio
The Economic Times · 4d ago
Mutual fund investors lose up to 10% in September as Nifty falls. What should investors do?
inkl.com · 4d ago
Market Commentary Live | Nifty Targets & Top Stock Picks | Baroda BNP Paribas MF
Business Today · 5d ago
Jitendra Sriram Reveals New Stock Buys: Shiprocket, Pharma & Insurance | Baroda BNP Paribas MF
Business Today · 5d ago
Baroda BNP Paribas Dynamic Term Fund - Retail Plan A
CNBC TV18 · 7d ago
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 Sectoral & Thematic funds
Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.
From the blog
Frequently asked questions
What is the NAV of Baroda BNP Paribas Services Fund?
As of 05 Oct 2026, the NAV of Baroda BNP Paribas Services Fund is ₹9.31 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Baroda BNP Paribas Services Fund delivered?
Baroda BNP Paribas Services Fund has returned -7.13% 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 Services Fund?
Baroda BNP Paribas Services Fund charges an expense ratio of 1.69% 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 Services Fund?
Baroda BNP Paribas Services Fund's largest holdings are ICICI Bank Limited (9.5%), HDFC Bank Limited (4.9%), Bharti Airtel Limited (4.2%), Infosys Limited (4.0%) and Bajaj Finance Limited (3.1%). Holdings are disclosed monthly and change over time.
How risky is Baroda BNP Paribas Services Fund?
Baroda BNP Paribas Services Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 8.9% and its worst peak-to-trough fall in our sample was -7.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Baroda BNP Paribas Services Fund?
Baroda BNP Paribas Services Fund is benchmarked against the Nifty Services Sector TRI. Its alpha and beta on this page are measured against that index.
Who manages Baroda BNP Paribas Services Fund?
Baroda BNP Paribas Services Fund is managed by Kirtan Mehta and Rohan Korde at Baroda BNP Paribas.
How is Baroda BNP Paribas Services Fund taxed?
Baroda BNP Paribas Services 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.