Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 15, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth Plan has a NAV of ₹32.3642 as of 11 Sep 2026 and an AUM of ₹1,259 Cr. Its 1-year, 3-year and 5-year returns are 1.55%, 10.83% and 10.42%, and the scheme sits in the High Risk bucket. Our view is that it suits investors who can tolerate swings in performance and want a hybrid allocation that has compounded better over longer periods than in the recent one-year stretch.
The fund has kept its longer-term return profile steadier than its latest one-year result suggests, but it still trails the benchmark on every stated period. That means the investment case is less about near-term momentum and more about whether the portfolio mix and time horizon can help absorb periodic weakness.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹32.3642 as of 11 Sep 2026 |
| AUM | ₹1,259 Cr |
| Expense Ratio | 0.52% |
| Launch Date | 07 Apr 2017 |
| Min SIP | ₹250 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Hybrid |
| Exit Load | Nil upto 10% of units and 1 % for in excess of limits on or before 12M, Nil after 12M |
| Fund Managers | Jitendra Sriram, Kushant Arora, Gurvinder Singh Wasan |
The fund is managed by Jitendra Sriram, Kushant Arora and Gurvinder Singh Wasan.
Source data date: as of 11 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -2.3% | -3.66% |
| 3M | 1.02% | -1.91% |
| 1Y | 1.55% | -7.62% |
| 3Y | 10.83% | 6.22% |
| 5Y | 10.42% | 5.84% |
The latest one-month result is negative, but it is still better than the benchmark’s decline over the same stretch. That tells us the fund has not been immune to short-term pressure, yet it has handled the recent phase more evenly than the index.
The three-month figure is more encouraging because the fund turned positive while the benchmark stayed negative. The one-year picture is still modest at 1.55%, but the benchmark’s -7.62% shows the fund has preserved capital more effectively over that stretch even if the absolute return is not strong.
The longer window is where the fund looks more comfortable. Both the 3-year and 5-year returns are above the benchmark, which points to a clearer compounding edge over time. The pattern in the return path also suggests a fund that has recovered from earlier weakness, but not in a smooth line; there have been dips along the way, so investors should expect uneven progress rather than a straight upward move.
In our view, the main point is that the fund has outpaced the benchmark over medium and long horizons, but the recent stretch has been choppier. That mix usually matters for hybrid investors who can stay invested through interruptions and focus on the multi-year outcome instead of month-to-month noise.
Source data date: as of 11 Sep 2026
Should you BUY or HOLD Baroda BNP Paribas Aggressive Hybrid?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Baroda BNP Paribas Aggressive Hybrid? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth Plan | 1.55% | 10.83% | 10.42% |
| Bank of India Aggressive Hybrid Fund Direct Growth Plan | 15.81% | 16.83% | 14.98% |
| HSBC Multi Asset Active FOF Direct Growth Plan | 14.68% | 15.12% | 12.3% |
| Quant Aggressive Hybrid Fund Direct Growth Plan | 10.09% | 12.36% | 12.93% |
| Navi Aggressive Hybrid Fund Direct Growth Plan | 9.65% | 11.84% | 11.49% |
| HSBC Aggressive Hybrid Active FOF Direct Growth Plan | 8.26% | 12.26% | 10.96% |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the recent one-year measure, the fund trails every peer listed here, while its 3-year and 5-year figures are also below the stronger peer numbers shown above. The longer record is still more resilient than the latest one-year outcome, but the peer set indicates that the fund has not matched the same pace of compounding shown by several alternatives over medium and long periods.
That said, the comparison is not identical across every horizon. The fund’s 3-year return is more stable than its one-year result, and its long-term shape is better than the short-term figure alone suggests. Still, the available peer numbers show a clear gap between this scheme and the stronger multi-year performers on both the recent and longer windows.
Source data date: as of 11 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| ICICI Bank Limited | Bank | 5.19% |
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 4.55% |
| HDFC Bank Limited | Bank | 4.46% |
| Hitachi Energy India Limited | Capital Goods | 4.44% |
| Reliance Industries Limited | Crude Oil | 4.11% |
| Larsen & Toubro Limited | Infrastructure | 4.05% |
| Eternal Limited | Retailing | 2.14% |
| Kotak Mahindra Bank Limited | Bank | 2.1% |
| Bharti Airtel Limited | Telecom | 1.94% |
| Bosch Limited | Automobile & Ancillaries | 1.86% |
The top 10 holdings account for approximately 34.84% of the portfolio.
To see all holdings, visit the Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth Plan page
The largest holding, ICICI Bank Limited at 5.19%, is meaningful but not overwhelming on its own. The next few positions stay fairly close in size, which suggests the fund does not rely on a single stock for most of its visible exposure.
The weight then steps down gradually to 1.86% by the tenth holding, so the listed positions are spread across a number of names rather than clustered in just one or two large bets. That kind of spread may help reduce the impact of any single holding, even though it does not remove market risk.
Because the top 10 holdings together account for 34.84% and the fund discloses 72 holdings in total, the portfolio appears to have a broad tail beyond the largest names. Our view is that the visible structure points to moderate concentration at the top with a longer set of smaller positions underneath it.
Source data date: as of 11 Sep 2026
Who should invest
This fund fits investors who can handle high volatility and stay invested for a multi-year horizon. The High Risk tag matters here because the latest one-year return is weak, even though the 3-year and 5-year numbers show a better longer-run pattern than the benchmark.
The trade-off is straightforward: the fund offers better medium- to long-term compounding than the benchmark in the available periods, but the journey can be uneven. Investors who need smoother short-term outcomes may find that difficult, while those who can wait through weak patches may be more comfortable with the pattern.
Its visible stock exposure is also diversified enough that the top names do not dominate the full portfolio, which can appeal to investors looking for a hybrid allocation rather than a narrowly concentrated equity bet.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load
- Nil up to 10% of units and 1% for amounts in excess of the limit when redeemed on or before 12 months.
- No exit load after the holding period.
Source data date: as of 11 Sep 2026
Frequently asked questions
What is the current NAV of Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth Plan?
The current NAV is ₹32.3642 as of 11 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 1.55% over 1 year, 10.83% over 3 years and 10.42% over 5 years.
How does the fund compare with the benchmark?
It has beaten the benchmark over 3 years and 5 years, and it has also held up better over 1 year. The benchmark remains ahead only in the sense that it is the standard comparison line; the fund’s own longer-term returns are stronger than the benchmark’s over the same periods.
How does it compare with the peer funds listed here?
The fund trails the listed peers on the 1-year, 3-year and 5-year figures shown here. Several peers have materially stronger recent and longer-term return numbers, so the comparison looks weaker on pure performance.
Is there a minimum SIP amount?
The fund allows SIP investment, but a minimum SIP amount is not stated here. Investors can still assess the scheme using its returns, risk profile and portfolio mix.
Who manages the fund and what is the exit load?
The fund is managed by Jitendra Sriram, Kushant Arora and Gurvinder Singh Wasan. The exit load is nil up to 10% of units and 1% for amounts above the limit when redeemed on or before 12 months, and there is no exit load after the holding period.
Bottom line
Baroda BNP Paribas Aggressive Hybrid Fund Direct Growth Plan looks better over medium and longer horizons than over the latest one-year stretch. It also lags the peer numbers shown here on available return data, which means the recent and long-term peer comparison both point to a weaker performance profile than several alternatives. The High Risk label, the uneven short-term trend and the moderate concentration among the largest holdings make it more suitable for investors who can stay patient through volatility and focus on multi-year compounding.
Published on 15 September 2026 at 3:16 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.