Baroda BNP Paribas Dividend Yield Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 11, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Baroda BNP Paribas Dividend Yield Fund Direct Growth Plan has a NAV of ₹9.9677 as of 10 Sep 2026 and a scheme AUM of ₹585 Cr. Its 1-year, 3-year and 5-year returns are 3.58%, 0% and 0% respectively, and the scheme sits in the High Risk category. On current evidence, this looks like a fund with a limited live return history but a portfolio built around large, market-linked positions rather than broad defensive stability.
The main takeaway is that the fund has held up better than the benchmark over the last year, but the longer-term track record is still too short to judge with confidence. For investors who can tolerate a High Risk equity allocation and want a dividend-yield style portfolio, it may be worth monitoring, but the return history is still developing.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹9.9677 as of 10 Sep 2026 |
| AUM | ₹585 Cr |
| Expense Ratio | 0.52% |
| Launch Date | 11 Sep 2024 |
| Min SIP | ₹250 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | Nil upto 10% of units and 1% for remaining units on or before 1Y, Nil after 1Y |
| Fund Managers | Himanshu Singh, Rohan Korde |
The fund is managed by Himanshu Singh and Rohan Korde.
Source data date: as of 10 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -2.26% | -4.06% |
| 3M | 6.14% | 1.37% |
| 1Y | 3.58% | -7.31% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
The recent pattern is better than the benchmark. Over 1 month, the fund fell less than the benchmark, and over 3 months it gained more clearly than the index, which points to a stronger short-term run than the broader market.
The 1-year figure is also important because it shows the fund ahead of the benchmark by a wide margin on a relative basis, even though the absolute return is still modest. That kind of spread usually matters more than the headline number alone when an equity fund has not yet built a long history.
We would read the return pattern as a mixed but improving picture. The shorter windows suggest recovery and resilience after weaker patches, while the absence of 3-year and 5-year figures means there is not yet enough history to judge whether this behaviour is durable across a full market cycle.
In our view, the key point is that the fund has done better than the benchmark over the periods where it has a visible track record, but the short operating history keeps the longer-term verdict open.
Source data date: as of 10 Sep 2026
Should you BUY or HOLD Baroda BNP Paribas Dividend Yield?
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 Dividend Yield? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Baroda BNP Paribas Dividend Yield Fund Direct Growth Plan | 3.58% | Data not available | Data not available |
| Tata Dividend Yield Fund Direct Growth Plan | 13.56% | 14.62% | 14.16% |
| LIC MF Dividend Yield Fund Direct Growth Plan | 7.63% | 18.61% | 15.65% |
| Aditya Birla SL Dividend Yield Fund Direct Growth Plan | 5.04% | 12.48% | 13.7% |
| SBI Dividend Yield Fund Direct Growth Plan | 4.28% | 11.22% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
The current fund’s 1-year return is below the peer set shown here, while the peer funds with full histories have stronger 3-year and 5-year numbers as well. That makes the current fund look earlier in its performance journey than the better-established schemes in this group.
The interesting contrast is that the fund’s short-term behaviour has improved versus the benchmark, yet its peer comparison still shows a sizable gap on longer windows where other schemes have more complete track records. In other words, the recent trend is more encouraging than the multi-year comparison.
Because the current fund does not yet have usable 3-year or 5-year figures, we would place more weight on the short-window comparison and treat the peer gap as a reminder that the longer record still needs time to build.
Source data date: as of 10 Sep 2026
Want to know more? Log in to Univest for more mutual fund insights.
Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Reliance Industries Limited | Crude Oil | 6.36% |
| ICICI Bank Limited | Bank | 5.5% |
| Larsen & Toubro Limited | Infrastructure | 4.63% |
| HDFC Bank Limited | Bank | 4.41% |
| Torrent Pharmaceuticals Limited | Healthcare | 4.16% |
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 3.87% |
| Ge Vernova T&D India Limited | Capital Goods | 3.76% |
| Glaxosmithkline Pharmaceuticals Limited | Healthcare | 3.28% |
| Divi’S Laboratories Limited | Healthcare | 3.24% |
| Radico Khaitan Limited | Alcohol | 3.04% |
The largest holding is Reliance Industries Limited at 6.36%, which is meaningful but not extreme on its own. The next few positions are also sizeable, so performance may be influenced by a cluster of large holdings rather than one dominant name.
Weight declines gradually from the first holding to the tenth, where Radico Khaitan Limited stands at 3.04%. That is a relatively modest spread, which suggests the portfolio is not built around a single outsized bet among the visible top holdings.
The top 10 holdings account for approximately 42.25% of the portfolio, and the scheme discloses 43 holdings in total. That points to a portfolio that is partly concentrated at the top but still spread across a longer tail of positions, which may soften the influence of any one stock while keeping the strategy fairly focused.
To see all holdings, visit the Baroda BNP Paribas Dividend Yield Fund Direct Growth Plan page
Source data date: as of 10 Sep 2026
Who should invest
This fund suits investors who are comfortable with High Risk equity exposure and who can stay invested long enough for the strategy to play out. The visible track record is still short, so short-term volatility and uneven periods should be expected.
It is more appropriate for an investor who wants a dividend-yield style equity portfolio and is willing to accept that the fund’s multi-year history is not yet established. The main trade-off is between the stronger recent behaviour versus the lack of longer-term evidence.
Compared with the benchmark and the peer set, the fund looks more like a developing strategy than a fully proven long-term compounder. That makes a patient horizon more important than a quick-return mindset.
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 remaining units on or before 1 year; nil after 1 year.
Source data date: as of 10 Sep 2026
Frequently asked questions
What is the current NAV of Baroda BNP Paribas Dividend Yield Fund Direct Growth Plan?
The NAV is ₹9.9677 as of 10 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is 3.58%, while the 3-year and 5-year returns are Data not available in the visible performance record.
How does the fund compare with the benchmark?
It has beaten the benchmark over 1 month, 3 months and 1 year. The 1-year benchmark return is -7.31%, versus 3.58% for the fund.
How does it compare with peer dividend yield funds?
Its 1-year return is lower than the peer funds shown here, while the peer funds with longer records also show stronger 3-year and 5-year returns.
What is the minimum SIP amount?
The minimum SIP amount is ₹250.
Who manages the fund and what is the exit load?
The fund is managed by Himanshu Singh and Rohan Korde. The exit load is nil up to 10% of units and 1% for remaining units on or before 1 year, and nil after 1 year.
Bottom line
The fund’s short-term behaviour is better than its benchmark, but its longer-term record is still too short to judge with confidence. Against the peer group, the current return profile trails the better-established schemes on the returns that are available. The portfolio looks moderately concentrated at the top, with Reliance Industries Limited as the largest holding and 43 holdings in total. For investors who accept High Risk equity exposure and are comfortable with a developing track record, it is a fund to watch rather than to judge on history alone.
Published on 11 September 2026 at 5:34 PM IST
Explore mutual funds with Univest
Review mutual fund data, compare performance and explore fund insights on Univest.
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.