February 19, 2024
mayank
Baroda BNP Paribas Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 22.5269
NAV IDCW: Rs 18.0157
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation.
Fund Manager:
1) Prashant R Pimple
Education: Mr. Pimple is a MBA (Finance) and CTM.
Experience: Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with JM Mutual Fund, Nippon India Mutual Fund, Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
2) Pratish Krishnan
Education: Mr. Krishnan has done MMS in Finance
Experience: Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Antique Stock Broking as Sr Analyst- IT, Telecom & Media, DSP Merrill Lynch as Vice President- Research, SBI Capital Markets as Sr. research Analyst, Cholamandalam DBS Finance LTD as Research Analyst.
3) Sanjay Chawla
Education: Mr. Sanjay Chawla holds a Masters degree in Management Studies from BITS, Pilani.
Experience: Prior to joining Baroda BNP Paribas Mutual Fund, he worked as Senior Fund Manager with BSL AMC. Before joining Birla, he worked as Head of Research with SBI Capital Markets and has worked in various capacities in equity research space in Motilal Oswal Securities, IDBI Capital Markets, SMIFS Securities, IIT Invest Trust & Lloyds Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 14-Nov-18 |
| Return Since Launch | 16.69% |
| Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 3,671 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.72% |
| (As on 31-Jan-2024) | |
| Risk Grade | Above Average |
| Return Grade | Above Average |
| Turnover | 133.00% |
Trailing Returns (%) of Baroda BNP Paribas Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Balanced Advtg Dir | 2.76 | 0.46 | 1.26 | 10.20 | 14.42 | 24.39 | 14.31 | 17.46 | — | — |
| VR Balanced TRI | 1.61 | 0.55 | 0.32 | 10.66 | 12.74 | 21.68 | 13.13 | 15.31 | — | — |
| Hybrid: Dynamic Asset Allocation | 3.26 | 0.36 | 1.81 | 9.72 | 14.08 | 23.64 | 13.09 | 13.68 | — | — |
| Rank within category | 17 | 7 | 24 | 12 | 13 | 16 | 5 | 2 | — | — |
| Number of funds in category | 34 | 35 | 35 | 33 | 32 | 31 | 24 | 20 | 13 | 7 |
Peer Comparison of Baroda BNP Paribas Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Baroda BNP Paribas Balanced Advtg Dir | 3 star | 24.39 | 14.31 | 17.46 | 0.72 | 3,671 | 16.69 | 1.00 (365) | 5Y 3M | 133.00 |
| HDFC Balanced Advantage Dir | 5 star | 39.85 | 23.95 | 20.98 | 0.75 | 77,011 | 16.44 | 1.00 (365) | 11Y 1M | 14.27 |
| ICICI Pru Balanced Advantage Dir | 4 star | 20.19 | 13.02 | 14.15 | 0.87 | 54,142 | 13.33 | 1.00 (365) | 11Y 1M | 28.00 |
| Edelweiss Balanced Advantage Dir | 4 star | 24.44 | 13.37 | 16.66 | 0.52 | 10,349 | 13.27 | 1.00 (90) | 11Y 1M | 71.00 |
| Tata Balanced Advtg Dir | 4 star | 22.20 | 13.73 | 14.95 | 0.30 | 8,517 | 14.83 | 1.00 (90) | 5Y | 39.63 |
Portfolio Analysis of Baroda BNP Paribas Balanced Advantage Fund
| No. of Stocks | 50 |
| Top 10 Holdings | 32.37% |
| Top 5 Stocks | 19.94% |
| Top 3 Sectors | 29.82% |
| Portfolio P/B Ratio | 3.53 |
| Portfolio P/E Ratio | 24.61 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,93,946 | 2,07,485 |
| Giant (%) | 59.08 | 58.36 |
| Large (%) | 15.06 | 20.29 |
| Mid (%) | 23.33 | 17.31 |
| Small (%) | 2.54 | 4.71 |
| Tiny (%) | — | 0.03 |
| Fund | Category | |
| Number of Securities | 120 | 114 |
| Macaulay Duration (yrs) | 2.91 | 2.71 |
| Average Maturity (yrs) | 4.14 | 3.69 |
| Yield to Maturity (%) | 8.04 | 7.46 |
| Avg Credit Rating | AAA | — |
How to Invest in Baroda BNP Paribas Balanced Advantage Fund?
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Balanced Advantage Fund
Do not invest in this, or any other dynamic asset allocation fund, if you need to redeem your investment in less than five years.
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