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 #143 of 186 in category.
Fund basics
| Category | Equity: Thematic |
|---|
| NAV | ₹12.57 (as of 2026-10-23) |
|---|
| AUM | ₹859 Cr |
|---|
| Expense ratio | 1.95% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Abhay Joshi |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | −22.88% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 80.0% of Nifty India Digital's upside and 51.8% of its downside.
Market cap allocation
| Large cap | 33.2% |
|---|
| Mid cap | 36.6% |
|---|
| Small cap | 30.2% |
|---|
Concentration
| Top 5 holdings | 21.0% |
|---|
| Top 10 holdings | 37.3% |
|---|
| Total holdings | 48 |
|---|
Top holdings
- One 97 Communications Limited — 5.3%
- Divis Laboratories Ltd. — 4.3%
- Clearing Corporation of India Ltd — 4.1%
- Linde India Limited — 4.1%
- ACUTAAS CHEMICALS LIMITED — 3.8%
- HITACHI ENERGY INDIA LIMITED — 3.5%
- Navin Fluorine International Limited — 3.5%
- Bosch Ltd — 3.3%
- TVS Motor Company Ltd. — 3.3%
- Eternal Limited — 3.2%
Top sectors
- Pharma & Biotech — 14.6%
- Technology — 10.3%
- Automobile — 10.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −0.1% | Q1 (Top) | #35 of 167 |
| 2025 | −1.9% | Q4 (Bottom) | #106 of 132 |