Baroda BNP Paribas Multicap Fund completed 21 years and crossed the Rs 2,500 crore assets under management (AUM). The fund is an open-ended equity scheme investing across large-cap, mid-cap, and small-cap stocks.
In the last year, the scheme has given a 47.22% return against 41.01% by its benchmark (Nifty 500 Multicap 50:25:25 – TRI). The scheme has given a 20.99% return in the last three years against a 21.04% return of the benchmark.
The Baroda BNP Paribas Multicap Fund has given 17.51% return since inception. A monthly SIP of Rs 10,000 invested in this fund since the inception would have become Rs 1.58 crore.
The Sharpe ratio of the fund stands at 1.11, which signifies that returns are generated with strong risk-adjusted characteristics, as indicated by a press release of the fund house while its beta is less than one, portraying the fact that such returns were achieved with limited risks of going down.
The Baroda BNP Paribas Multicap fund takes advantage of the flexibility offered in the multi-cap index universe. Allowing fund managers to invest across a wide range of sectors mostly absent in large-cap indices. Such as Media, Textiles, and Forest Materials. The former said that the broad diversification under its portfolio would enable tapping unique growth opportunities. And mitigating risks across several economic cycles.
The scheme will pursue its investment objective of generating long-term capital appreciation from an actively managed portfolio of equity & equity-related instruments.
The scheme is apt for investors seeking growth along with diversification. First-time investors are looking to invest for exposure across market caps through a single fund. And those who would want to be a part of India’s growth story.
It has been comparing with Nifty 500 Multicap 50:25:25 TRI. The scheme will be managed by Sanjay Chawla and Sandeep Jain. The minimum amount for lumpsum investment is Rs 5,000 and in multiples of Re 1 thereafter. For daily, weekly, and monthly SIP, the minimum amount will be Rs 500 and in multiples of Re 1 thereafter. For Quarterly SIP, it will be Rs 1,500 and in multiples of Re 1 thereafter.
FAQs
1. What is Baroda BNP Paribas Multicap Fund?
It is an open-ended equity scheme that invests in large-cap, mid-cap, and small-cap stocks.
2. How many years has the Baroda BNP Paribas Multicap Fund been in existence?
The fund recently completed 21 years.
3. How big is the AUM of this fund?
The fund has crossed Rs 2,500 crore in AUM.
4. What have the returns from the fund been during the last year?
The fund has given an absolute return of 47.22% over the last year compared to 41.01% returns from its benchmark.
5. How have the returns of the fund been since inception?
On an absolute basis, since its inception, the Baroda BNP Paribas Multicap Fund has returned 17.51%.
6. What would a monthly SIP of Rs 10,000 invested since inception be worth today?
A monthly SIP of Rs 10,000 since inception would have grown to Rs 1.58 crore.
7. What is the Sharpe ratio of the fund, and what does it indicate?
The fund’s Sharpe ratio is 1.11, indicating strong risk-adjusted returns.
8. How has the fund managed risk better than its benchmark?
This fund has delivered high returns with a beta of less than one at low risk in the downs.
9. Who manages Baroda BNP Paribas Multicap Fund?
Sanjay Chawla and Sandeep Jain manage the fund.
10. What is the minimum sip amount in the scheme?
The minimum SIP amount is Rs. 500 for daily, weekly, or monthly investments.
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