Baroda BNP Paribas Value Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 18, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Baroda BNP Paribas Value Fund Direct Growth Plan has a NAV of ₹14.0252 as of 17 Sep 2026 and an AUM of ₹992 Cr. Its 1-year, 3-year and 5-year returns are -2.62%, 7.92% and Data not available, and the scheme is tagged High Risk. Our view is that this is a fund for investors who can stay patient through uneven stretches, because the recent return pattern is weaker than the medium-term record even though the 3-year number remains positive.
The portfolio is built around large-cap financials, energy, capital goods and healthcare names, with the top holdings taking a meaningful share of assets. That mix can help the fund participate in value-led market phases, but it also means the outcome can vary when market leadership shifts.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹14.0252 as of 17 Sep 2026 |
| AUM | ₹992 Cr |
| Expense Ratio | 1.08% |
| Launch Date | 07 Jun 2023 |
| 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 | Rohan Korde, Ankeet Pandya |
The fund is managed by Rohan Korde and Ankeet Pandya.
Source data date: as of 17 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -2.54% | -3.66% |
| 3M | -2.47% | -3.71% |
| 1Y | -2.62% | -7.13% |
| 3Y | 7.92% | 5.82% |
| 5Y | Data not available | Data not available |
In the short run, the fund has been weak, but it has still held up better than the benchmark over 1 month, 3 months and 1 year. That tells us the fund has not fully escaped the market’s softer phase, yet it has been less negative than the Nifty 50 in the same windows.
The 3-year return is the stronger part of the record. At 7.92%, it is ahead of the benchmark’s 5.82%, which suggests the strategy has added value over a fuller market cycle rather than just in brief rebounds. The gap is not huge, but it does point to better medium-term compounding than the index.
The pattern across the time periods is uneven. The 1-year profile has been choppy and the latest month-end stretch also stayed negative, but the 3-year figure shows that the fund has still recovered enough to produce a positive longer-window result. For an investor, that combination usually means the fund may need time for its style to play out. It is not a smooth track record, but it does show that the strategy can outperform the benchmark when conditions suit it.
Source data date: as of 17 Sep 2026
Should you BUY or HOLD Baroda BNP Paribas Value?
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 Value? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Baroda BNP Paribas Value Fund Direct Growth Plan | -2.62% | 7.92% | Data not available |
| LIC MF Value Fund Direct Growth Plan | 17.5% | 15.81% | 13.33% |
| Quant Value Fund Direct Growth Plan | 14.59% | 19.39% | Data not available |
| Aditya Birla SL Value Fund Direct Growth Plan | 10.2% | 13.21% | 13.75% |
| Mahindra Manulife Value Fund Direct Growth Plan | 8.65% | Data not available | Data not available |
| Axis Value Fund Direct Growth Plan | 6.14% | 17.07% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the recent one-year view, the fund trails the stronger peer returns by a wide margin, because several peers have posted double-digit gains while this fund is still negative. The picture improves over 3 years, where it stands ahead of some peers with available numbers and behind others that have compounded faster. The short-term and medium-term comparisons therefore tell different stories: recent performance looks soft, while the 3-year record is more credible.
Source data date: as of 17 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| ICICI Bank Limited | Bank | 5.27% |
| Reliance Industries Limited | Crude Oil | 5.14% |
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 5.08% |
| HDFC Bank Limited | Bank | 5.01% |
| Bharat Heavy Electricals Limited | Capital Goods | 4.46% |
| Larsen & Toubro Limited | Infrastructure | 3.87% |
| Divi’S Laboratories Limited | Healthcare | 3.81% |
| Ge Vernova T&D India Limited | Capital Goods | 3.81% |
| Sun Pharmaceutical Industries Limited | Healthcare | 2.7% |
| Torrent Pharmaceuticals Limited | Healthcare | 2.58% |
The top 10 holdings account for approximately 41.73% of the portfolio.
To see all holdings, visit the Baroda BNP Paribas Value Fund Direct Growth Plan page
The largest position is ICICI Bank Limited at 5.27%, which is large enough to matter but not so dominant that it overwhelms the rest of the book. The next few holdings are close behind, so there is no single position that sits far above the others.
Weight then eases down gradually from the first holding to the tenth, where the allocation is 2.58%. That shape suggests the fund is not built around one or two outsized bets; instead, it spreads risk across a set of sizeable names that may each contribute to returns in different market conditions.
Because the displayed top 10 holdings account for 41.73% of the portfolio and there are 49 disclosed holdings in total, the fund may have a meaningful core of conviction positions while still keeping room for a longer tail. That balance can help reduce dependence on any single stock, though the top positions are still important enough to influence outcomes.
Source data date: as of 17 Sep 2026
Who should invest
This fund may suit investors who are comfortable with High Risk equity exposure and who can hold through periods when near-term returns remain weak. The 3-year record is better than the 1-year record, so a longer horizon is important if the value style takes time to work.
The main trade-off is between patience and short-term stability. The fund has shown it can lag in weaker phases, but it has also beaten the benchmark over a 3-year stretch. Investors who want a smoother path may find the recent volatility uncomfortable, while those who can wait for the strategy to play out may see the portfolio mix as more relevant than the latest month’s move.
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 upto 10% of units and 1% for remaining units on or before 1Y, Nil after 1Y.
Source data date: as of 17 Sep 2026
Frequently asked questions
What is the current NAV of Baroda BNP Paribas Value Fund Direct Growth Plan?
The NAV is ₹14.0252 as of 17 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is -2.62%, the 3-year return is 7.92%, and the 5-year return is Data not available.
How has the fund done against the benchmark?
It has done better than the Nifty 50 over 1 month, 3 months, 1 year and 3 years. The 3-year return is 7.92% versus 5.82% for the benchmark.
How does it compare with peer value funds on recent performance?
Its 1-year return of -2.62% is weaker than the better peer numbers in the table, while its 3-year return of 7.92% is more competitive than some peers and behind others with stronger medium-term gains.
Is there a minimum SIP amount?
Yes. The minimum SIP amount is ₹250.
What risk and portfolio profile does the fund have?
The fund is classified as High Risk and its top holdings include ICICI Bank Limited, Reliance Industries Limited, HDFC Bank Limited and several capital goods and healthcare names. That mix may support value-oriented performance, but it also means outcomes can move around with market leadership.
Bottom line
This fund’s short-term record is softer than its 3-year record, so the recent weakness does not fully reflect the longer-window picture. Against the benchmark, it has been more resilient in the latest periods and better over 3 years. The risk label is High Risk, and the portfolio leans on large financials, energy, capital goods and healthcare positions. That makes it a fit for investors who can accept variability and allow enough time for the value approach to work.
Published on 18 September 2026 at 1:16 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.