May 25, 2024
mayank
Baroda BNP Paribas Manufacturing Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Baroda BNP Paribas Manufacturing Fund Open Date, Close Date?
NFO opens on June 10, 2024
NFO will close on June 24, 2024
What is the Investment Strategy?
The scheme to generate long-term capital appreciation from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Manufacturing. The Scheme does not guarantee/indicate any returns. There is no assurance that the investment objective of the Scheme will be achieved.
Basic Details
| Fund House | Baroda BNP Paribas Mutual Fund |
| Issue Open | 10 June 2024 |
| Issue Close | 24 June 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
| Riskometer | Very High |
| Benchmark | Nifty India Manufacturing TRI |
What is the Benchmark Index of Baroda BNP Paribas Manufacturing Fund?
The Nifty India Manufacturing Index aims to track the performance of stocks that represent manufacturing sectors in India. The stocks are selected from a combined universe of Nifty 100, Nifty Midcap 150 and Nifty Smallcap 50 index. A stock’s weight in the Nifty India Manufacturing index is based on its free-float market capitalisation subject to maximum weight of each stock at 5%. The index also has a minimum weight of 20% to certain manufacturing sectors.
Index Variant: Nifty India Manufacturing Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 5.96 | 17.50 | 55.50 | 21.32 | 14.36 |
| Total Return | 5.97 | 17.65 | 56.55 | 22.76 | 15.89 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 11.20 | 19.01 | 21.40 |
| Beta (NIFTY 50) | 0.88 | 0.88 | 0.92 |
| Correlation (NIFTY 50) | 0.78 | 0.88 | 0.92 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 29.21 | 4.91 | 0.97 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Mahindra & Mahindra Ltd. | 5.32 |
| Maruti Suzuki India Ltd. | 4.82 |
| Tata Motors Ltd. | 4.77 |
| Reliance Industries Ltd. | 4.67 |
| Sun Pharmaceutical Industries Ltd. | 4.33 |
| Tata Steel Ltd. | 4.11 |
| Bajaj Auto Ltd. | 3.05 |
| Bharat Electronics Ltd. | 2.91 |
| Hindalco Industries Ltd. | 2.84 |
| Hindustan Aeronautics Ltd. | 2.56 |
Performance Review of the Fund Manager of Baroda BNP Paribas Manufacturing Fund?
1) Jitendra Sriram
Education: Mr. Sriram is a B.E (Electrical) and holds a post graduate diploma in Business Management.
Experience: Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with HSBC AMC, Deutsche Equities Pvt. Ltd., HSBC Securities, Capital Markets Pvt. Ltd. and ITC Classic Share & Stock Broking.
Past Performance of his Schemes
| Fund | Baroda BNP Paribas Aggressive Hybrid Fund | It’s Benchmark | Baroda BNP Paribas Large Cap Fund | It’s Benchmark |
| 1 Year | 32.78 | 24.51 | 41.93 | 31.98 |
| 3 Year | 15.13 | 14.79 | 19.44 | 17.80 |
| 5 Year | 16.56 | 14.19 | 18.09 | 16.72 |
| 7 Year | 14.35 | 13.78 | 15.44 | 15.59 |
| 10 Year | — | — | 15.05 | 13.98 |
As on 25-5-2024
Which Company Owns Baroda BNP Paribas Manufacturing Fund?
Baroda BNP Paribas Asset Management (India) Private Ltd.
Address: BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai – 400051
Website: https://www.barodabnpparibasmf.in/
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Is it good to invest in Baroda BNP Paribas Manufacturing Fund NFO?
Guidance for Baroda BNP Paribas Manufacturing Fund by Paresh Gordhandas, C.A., Research Analyst.
Bank of Baroda has partnered with BNP Paribas Asset Management, the asset management arm of BNP Paribas, a leading financial services group in Europe with global reach, to form Baroda BNP Paribas Mutual Fund.
BNP Paribas Manufacturing Fund has the Nifty India Manufacturing Index as its benchmark. A slew of Manufacturing Funds have come to the market in recent times with focus on companies engaged in the Manufacturing sector.
With the new government in place, the focus of Manufacturing in India will be carried forward as policy continuity will remain in place. Also, with good monsoon, the Indian Manufacturing sector is expected to perform well. Hence, manufacturing as a sector is expected to do well. This Fund can be compared to Axis India Manufacturing Fund, Canara Robeco Manufacturing Fund and the Mahindra Manulife Manufacturing Fund – all NFOs launched in the last 12 months.
Keeping the good prospects of this sector in mind, can invest a small amount.
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks