February 20, 2024
mayank
Baroda BNP Paribas Multi Asset Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.8254
NAV IDCW: Rs 12.8254
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seek to long term capital growth by investing in equity and equity related securities, debt & money market instruments, REITs / InVITs and Gold ETF.
Fund Manager:
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.
2) Vikram Pamnani
Education: Mr. Pamnani holds PGDM in Finance.
Experience: Prior to joining Baroda BNP Paribas Mutual Fund, he worked with Essel Finance AMC Ltd. as Fund Manager, Canara Robeco AMC Ltd. as Fixed Income Dealer & Deutsche Bank as Process Executive.
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 | 19-Dec-22 |
| Return Since Launch | 23.70% |
| Benchmark | NIFTY 500 TRI (65), NIFTY Composite Debt Index (20), Domestic Price of Gold (15) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,205 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.90% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 136.00% |
Trailing Returns (%) of Baroda BNP Paribas Multi Asset Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Multi Asset Dir | 2.99 | 0.40 | 2.72 | 12.24 | 17.34 | 27.62 | — | — | — | — |
| VR Balanced TRI | 1.61 | 0.55 | 0.32 | 10.66 | 12.74 | 21.68 | — | — | — | — |
| Hybrid: Multi Asset Allocation | 3.55 | 0.25 | 2.78 | 10.55 | 14.93 | 25.99 | — | — | — | — |
| Rank within category | 11 | 3 | 9 | 4 | 4 | 7 | — | — | — | — |
| Number of funds in category | 18 | 21 | 18 | 18 | 16 | 16 | 10 | 6 | 3 | 3 |
Peer Comparison of Baroda BNP Paribas Multi Asset 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 Multi Asset Dir | Unrated | 27.62 | — | — | 0.90 | 1,205 | 23.70 | 1.00 (365) | 1Y 2M | 136.00 |
| ICICI Pru Multi Asset Dir | 4 star | 29.79 | 23.81 | 21.23 | 0.74 | 32,831 | 17.00 | 1.00 (365) | 11Y 1M | 31.00 |
| SBI Multi Asset Allocation Dir | 4 star | 29.65 | 15.13 | 14.94 | 0.62 | 3,627 | 12.21 | 1.00 (365) | 11Y 1M | — |
| HDFC Multi Asset Dir | 4 star | 22.73 | 15.25 | 16.47 | 0.84 | 2,406 | 11.84 | 1.00 (365) | 11Y 1M | 16.63 |
| Tata Multi Asset Opp Dir | 4 star | 25.58 | 16.93 | — | 0.40 | 2,381 | 21.48 | 1.00 (365) | 3Y 11M | 16.78 |
Portfolio Analysis of Baroda BNP Paribas Multi Asset Fund
| No. of Stocks | 36 |
| Top 10 Holdings | 48.29% |
| Top 5 Stocks | 29.45% |
| Top 3 Sectors | 36.28% |
| Portfolio P/B Ratio | 3.75 |
| Portfolio P/E Ratio | 27.71 |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 52 | 55 |
| Macaulay Duration (yrs) | 1.45 | 2.32 |
| Average Maturity (yrs) | 1.60 | 3.20 |
| Yield to Maturity (%) | 7.59 | 7.45 |
| Avg Credit Rating | AA | — |
How to Invest in Baroda BNP Paribas Multi Asset Fund?
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Multi Asset Fund
Apply Online: https://mfs.kfintech.com/barodabnpparibasmf
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