Baroda BNP Paribas Arbitrage Fund
The scheme seeks to generate income and capital appreciation by investing in a combination of diversified portfolio of equity and equity related instruments, including use of equity derivatives strategies and arbitrage opportunities with exposure in debt and fixed income instruments.
Growthvine rating: 3/5 — ranked #13 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
|---|---|
| NAV | ₹17.16 (as of 2026-10-01) |
| AUM | ₹1,055 Cr |
| Expense ratio | 0.97% |
| Riskometer | Low |
| Fund manager | Meenakshi Gururaj |
| Exit load | 0.25% for redemption within 15 days |
Performance & risk
| Sharpe ratio | 1.01 |
|---|---|
| Standard deviation | 0.54% |
| Max drawdown | −0.31% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 27.6% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and −23.3% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
|---|---|
| Top 10 holdings | 0.0% |
| Total holdings | 85 |
Top holdings
- Net Receivables/Payables (FnO) — 73.3%
- Baroda BNP Paribas Liquid Fund - Direct Growth — 7.7%
- Clearing Corporation of India Ltd — 5.1%
- VODAFONE IDEA LIMITED — 4.8%
- 182 Days Tbill (MD 19/11/2026) — 4.7%
- 364 Days Tbill (MD 11/03/2027) — 4.6%
- AXIS Bank Ltd. — 4.0%
- Canara Bank — 3.8%
- HDFC Bank Ltd. — 3.5%
- Glenmark Pharmaceuticals ltd — 3.4%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.9% | Q4 (Bottom) | #33 of 35 |
| 2025 | 6.2% | Q3 | #21 of 31 |
| 2024 | 7.5% | Q3 | #16 of 27 |
| 2023 | 7.2% | Q1 (Top) | #5 of 25 |