Baroda BNP Paribas Innovation Fund
The scheme seeks to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation.
Growthvine rating: 2/5 — ranked #135 of 184 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹13.14 (as of 2026-10-01) |
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| AUM | ₹918 Cr |
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| Expense ratio | 1.95% |
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| Riskometer | Very High |
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| Fund manager | Abhay Joshi |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −22.88% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 80.0% of Nifty India Digital's upside and 51.8% of its downside.
Market cap allocation
| Large cap | 33.6% |
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| Mid cap | 37.3% |
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| Small cap | 29.1% |
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Concentration
| Top 5 holdings | 20.1% |
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| Top 10 holdings | 36.1% |
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| Total holdings | 49 |
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Top holdings
- One 97 Communications Limited — 5.1%
- Clearing Corporation of India Ltd — 4.5%
- Divis Laboratories Ltd. — 4.1%
- Linde India Limited — 3.8%
- HITACHI ENERGY INDIA LIMITED — 3.6%
- ACUTAAS CHEMICALS LIMITED — 3.4%
- Navin Fluorine International Limited — 3.4%
- Bosch Ltd — 3.3%
- TVS Motor Company Ltd. — 3.2%
- Eternal Limited — 3.0%
Top sectors
- Pharma & Biotech — 14.1%
- Automobile — 10.4%
- Technology — 9.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 4.4% | Q1 (Top) | #38 of 167 |
| 2025 | −1.9% | Q4 (Bottom) | #106 of 132 |