Baroda BNP Paribas Business Conglomerates Fund
ThematicVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹9.74+0.59%1 day
- Return since launch
- -2.7%
- 52-week range
- ₹8.91 — ₹10.48
- AUM
- ₹647 Cr
Baroda BNP Paribas Business Conglomerates Fund is a Thematic equity fund from Baroda BNP Paribas Mutual Fund with ₹647 Cr under management, launched in 2025. The expense ratio is 2.51% and the SEBI riskometer reading is Very High.
Performance
Baroda BNP Paribas Business Conglomerates Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.6% against -4.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -4.0% | −7.8 pts | 3.9% | -3.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.1% | −1.2 pts | -4.0% | -3.5% |
| 3M | -0.2% | −0.6 pts | 0.4% | -0.9% |
| 6M | 6.8% | −7.5 pts | 14.3% | 10.5% |
| 1Y | -2.6% | −6.5 pts | 3.9% | -4.7% |
Since launch (2 Sep 2025): -2.7%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.50%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.05%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.42%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Conglomerate 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Baroda BNP Paribas Business Conglomerates Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.1%
- Debt3.0%
Market cap split
- Large77.5%
- Mid12.9%
- Small9.5%
- P/E
- 26.89
- P/B
- 4.19
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | 8.01% | ₹51.77 Cr | +8.81% | +9.71% | +1.88% |
| Mahindra & Mahindra Ltd. | Automobile | 7.31% | ₹47.26 Cr | +6.99% | +7.71% | +1.64% |
| Reliance Industries Ltd. | Energy | 5.92% | ₹38.31 Cr | +7.94% | +7.91% | +2.28% |
| Bajaj Finance Ltd. | Financial | 5.15% | ₹33.30 Cr | +4.29% | +4.39% | +1.79% |
| Titan Company Ltd. | Consumer Discretionary | 4.26% | ₹27.55 Cr | +3.30% | +3.44% | +1.01% |
| Ultratech Cement Ltd. | Materials | 3.49% | ₹22.56 Cr | -0.31% | +2.40% | — |
| Bajaj Auto Ltd. | Automobile | 3.38% | ₹21.83 Cr | +2.83% | +2.51% | +1.24% |
| Tata Consultancy Services Ltd. | Technology | 3.01% | ₹19.43 Cr | +2.75% | +2.99% | — |
| JSW Steel Ltd. | Metals & Mining | 2.91% | ₹18.83 Cr | +2.76% | +2.55% | +1.09% |
| Hindustan Zinc Ltd. | Metals & Mining | 2.76% | ₹17.86 Cr | +3.16% | +2.82% | — |
| TVS Motor Company Ltd. | Automobile | 2.42% | ₹15.63 Cr | +1.81% | +1.95% | +1.01% |
| Tata Power Company Ltd. | Energy | 2.41% | ₹15.62 Cr | +3.13% | +1.57% | — |
| Tata Capital Ltd. | Financial | 2.39% | ₹15.47 Cr | +2.23% | +2.19% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.35% | ₹15.20 Cr | +2.38% | +2.19% | +0.65% |
| GOI | Sovereign | 2.31% | ₹14.91 Cr | +2.22% | +2.12% | +2.01% |
| Tech Mahindra Ltd. | Technology | 2.26% | ₹14.64 Cr | +2.00% | +1.54% | — |
| JSW Dulux Ltd. | Materials | 2.07% | ₹13.39 Cr | +2.00% | +1.82% | +0.99% |
| Indusind Bank Ltd. | Financial | 1.89% | ₹12.20 Cr | +2.10% | +2.05% | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.85% | ₹11.95 Cr | +2.92% | +2.30% | +0.84% |
| ITC Ltd. | Consumer Staples | 1.78% | ₹11.50 Cr | +1.94% | +1.58% | +1.68% |
| The Indian Hotels Company Ltd. | Services | 1.75% | ₹11.29 Cr | +1.50% | +1.43% | — |
| Tata Motors Ltd. | Automobile | 1.70% | ₹11.02 Cr | +1.38% | +2.10% | — |
| LG Electronics India Ltd. | Consumer Discretionary | 1.65% | ₹10.70 Cr | +1.44% | +1.40% | — |
| State Bank of India | Financial | 1.64% | ₹10.60 Cr | +2.47% | +2.88% | +1.56% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.55% | ₹10.03 Cr | +1.25% | +1.31% | +0.77% |
| LTM Limited | Technology | 1.52% | ₹9.81 Cr | +1.32% | +1.35% | — |
| Eternal Ltd. | Services | 1.51% | ₹9.74 Cr | +1.12% | +0.93% | — |
| Coromandel International Ltd. | Chemicals | 1.46% | ₹9.43 Cr | +1.30% | +1.54% | +0.94% |
| Zydus Lifesciences Ltd. | Healthcare | 1.44% | ₹9.29 Cr | +1.60% | +1.28% | +0.47% |
| Bajaj Finserv Ltd. | Financial | 1.41% | ₹9.09 Cr | +1.20% | +1.26% | +0.96% |
| L&T Finance Ltd. | Financial | 1.34% | ₹8.67 Cr | +1.16% | +1.18% | +0.74% |
| Oil India Ltd. | Energy | 1.34% | ₹8.70 Cr | +1.29% | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.27% | ₹8.24 Cr | +1.24% | +1.37% | — |
| Firstsource Solutions Ltd. | Services | 1.25% | ₹8.10 Cr | +1.21% | +0.81% | — |
| Jubilant FoodWorks Ltd. | Services | 1.24% | ₹8.04 Cr | +1.04% | +1.18% | — |
| Gillette India Ltd. | Consumer Staples | 1.22% | ₹7.92 Cr | +1.30% | +1.26% | +0.91% |
| PB Fintech Ltd. | Services | 1.20% | ₹7.76 Cr | +1.06% | +0.84% | — |
| Adani Enterprises Ltd. | Services | 1.15% | ₹7.43 Cr | +1.51% | +1.36% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.15% | ₹7.44 Cr | — | — | — |
| Sanofi Consumer Healthcare India Ltd. | Healthcare | 1.04% | ₹6.71 Cr | +1.12% | +1.02% | — |
| The India Cements Ltd. | Materials | 1.03% | ₹6.67 Cr | +1.06% | +1.23% | +0.69% |
| Tata Elxsi Ltd. | Technology | 0.90% | ₹5.80 Cr | +0.98% | +0.97% | — |
| Bharti Airtel Ltd. | Communication | 0.70% | ₹4.53 Cr | — | — | — |
| Others | Others | 0.59% | ₹3.94 Cr | +6.58% | +7.46% | +154.28% |
| Zydus Wellness Ltd. | Consumer Staples | 0.52% | ₹3.34 Cr | +0.34% | — | — |
| company:1587 | Services | 0.50% | ₹3.20 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reliance Industries Ltd. | 6.89% | 5.92% | -0.97% |
| Others | 1.30% | 0.66% | -0.64% |
| company:1587 | 0.00% | 0.50% | +0.50% |
| Adani Ports and Special Economic Zone Ltd. | 2.30% | 1.85% | -0.45% |
| Larsen & Toubro Ltd. | 7.59% | 8.01% | +0.42% |
| Torrent Pharmaceuticals Ltd. | 2.77% | 2.35% | -0.42% |
| Hindustan Zinc Ltd. | 2.43% | 2.76% | +0.33% |
| Titan Company Ltd. | 3.96% | 4.26% | +0.30% |
| Tata Capital Ltd. | 2.67% | 2.39% | -0.28% |
| Bajaj Auto Ltd. | 3.12% | 3.38% | +0.26% |
| Bajaj Finance Ltd. | 5.41% | 5.15% | -0.26% |
| LG Electronics India Ltd. | 1.41% | 1.65% | +0.24% |
| Zydus Lifesciences Ltd. | 1.68% | 1.44% | -0.24% |
| PB Fintech Ltd. | 1.00% | 1.20% | +0.20% |
| JSW Dulux Ltd. | 1.87% | 2.07% | +0.20% |
| Jubilant FoodWorks Ltd. | 1.07% | 1.24% | +0.17% |
| Tata Power Company Ltd. | 2.58% | 2.41% | -0.17% |
| JSW Steel Ltd. | 2.75% | 2.91% | +0.16% |
| Eternal Ltd. | 1.35% | 1.51% | +0.16% |
| Tata Motors Ltd. | 1.54% | 1.70% | +0.16% |
| Firstsource Solutions Ltd. | 1.39% | 1.25% | -0.14% |
| Tata Consultancy Services Ltd. | 2.88% | 3.01% | +0.13% |
| ITC Ltd. | 1.90% | 1.78% | -0.12% |
| CG Power and Industrial Solutions Ltd. | 1.17% | 1.27% | +0.10% |
| LTM Limited | 1.42% | 1.52% | +0.10% |
| Oil India Ltd. | 1.24% | 1.34% | +0.10% |
| State Bank of India | 1.55% | 1.64% | +0.09% |
| Coromandel International Ltd. | 1.54% | 1.46% | -0.08% |
| L&T Finance Ltd. | 1.26% | 1.34% | +0.08% |
| Sanofi Consumer Healthcare India Ltd. | 1.12% | 1.04% | -0.08% |
| TVS Motor Company Ltd. | 2.34% | 2.42% | +0.08% |
| Indusind Bank Ltd. | 1.83% | 1.89% | +0.06% |
| Mahindra & Mahindra Ltd. | 7.36% | 7.31% | -0.05% |
| GOI | 2.26% | 2.31% | +0.05% |
| Cholamandalam Investment and Finance Company Ltd. | 1.50% | 1.55% | +0.05% |
| The India Cements Ltd. | 1.08% | 1.03% | -0.05% |
| The Indian Hotels Company Ltd. | 1.70% | 1.75% | +0.05% |
| Bharti Airtel Ltd. | 0.74% | 0.70% | -0.04% |
| Bajaj Finserv Ltd. | 1.37% | 1.41% | +0.04% |
| Ultratech Cement Ltd. | 3.53% | 3.49% | -0.04% |
| Adani Enterprises Ltd. | 1.18% | 1.15% | -0.03% |
| Zydus Wellness Ltd. | 0.55% | 0.52% | -0.03% |
| Sun Pharmaceutical Industries Ltd. | 1.12% | 1.15% | +0.03% |
| Tech Mahindra Ltd. | 2.23% | 2.26% | +0.03% |
| Gillette India Ltd. | 1.24% | 1.22% | -0.02% |
| Tata Elxsi Ltd. | 0.90% | 0.90% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,954 Cr | 2.14% | 17.1% | 14.2% | 14.2% |
 HDFC Defence Fund | ₹11,478 Cr | 1.79% | 34.5% | 26.7% | — |
 ICICI Prudential Commodities Fund | ₹4,277 Cr | 1.96% | 6.2% | 10.4% | 14.6% |
| ICICI Prudential Exports and Services Fund | ₹1,549 Cr | 2.30% | 1.2% | 6.5% | 12.4% |
 SBI Comma Fund | ₹1,237 Cr | 2.28% | 7.8% | 10.1% | 13.0% |
 Edelweiss Recently Listed IPO Fund | ₹1,230 Cr | 2.36% | 35.9% | 17.3% | 16.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to achieve long term capital appreciation by investing in equity and equity related securities of companies that are part of business conglomerates in India. The Scheme does not guarantee/indicate any returns.
Fund managers
- Kushant AroraCA, FRMPrior to Joining the Baroda BNP paribas asset management Ltd. He has worked with VLS Finance Ltd , Baroda asset management India Ltd, UTI asset management com Ltd and Axis sercurities.
- Rohan KordeMr. Korde is a Masters in Management Studies (Finance), Bachelor of CommercePrior to joining Baroda BNP Paribas Mutual Fund, he has worked with ITI Mutual Fund, BOB Capital Markets as Vice President
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months6.81% absolute | ₹60,000 | ₹64,086 | 6.81% | |
| 1 year−2.62% annualised | ₹1,20,000 | ₹1,18,311 | −1.41% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Baroda BNP Paribas Business Conglomerates Fund?
The NAV of Baroda BNP Paribas Business Conglomerates Fund is ₹9.74 as on 25 Sep 2026.
What is the expense ratio of Baroda BNP Paribas Business Conglomerates Fund?
The expense ratio of Baroda BNP Paribas Business Conglomerates Fund is 2.51% per year.
What is the minimum SIP amount for Baroda BNP Paribas Business Conglomerates Fund?
You can start a SIP in Baroda BNP Paribas Business Conglomerates Fund with ₹3,000 a month.
Is there a lock-in or exit load on Baroda BNP Paribas Business Conglomerates Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year..
How risky is Baroda BNP Paribas Business Conglomerates Fund?
Baroda BNP Paribas Business Conglomerates Fund is rated Very High on the SEBI riskometer and belongs to the Thematic category.
Which fund house manages Baroda BNP Paribas Business Conglomerates Fund?
Baroda BNP Paribas Business Conglomerates Fund is managed by Baroda BNP Paribas Mutual Fund, which runs 44 schemes with ₹53,546 Cr under management.