{"id":232284,"date":"2026-09-04T17:16:45","date_gmt":"2026-09-04T11:46:45","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/"},"modified":"2026-09-09T15:04:14","modified_gmt":"2026-09-09T09:34:14","slug":"baroda-bnp-paribas-liquid-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/","title":{"rendered":"Baroda BNP Paribas Liquid Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-liquid-fund-g-direct-plan\">Baroda BNP Paribas Liquid Fund Direct Growth Plan<\/a> has a NAV of \u20b93,272.2298 as of 08 Sep 2026 and a scheme AUM of \u20b913,193 Cr. Its 1-year, 3-year and 5-year returns are 6.48%, 6.94% and 6.35%, and the fund carries a Balanced Risk profile. Our view is that this is a relatively steady liquid fund for investors who want short-term parking with a measured return profile rather than aggressive growth.<\/p>\n<p>The portfolio is built around money-market and short-duration instruments, with a meaningful cash and cash-equivalent presence. That structure can support day-to-day stability, but it also means returns tend to stay close to the broader liquid-fund range rather than move sharply ahead of it.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Baroda_BNP_Paribas_Liquid\" title=\"Should you BUY or HOLD Baroda BNP Paribas Liquid?\">Should you BUY or HOLD Baroda BNP Paribas Liquid?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-liquid-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b93,272.2298 as of 08 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b913,193 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.14%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Liquid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Vikram Pamnani, Gurvinder Singh Wasan<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Vikram Pamnani and Gurvinder Singh Wasan.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.53%<\/td>\n<td>-3.86%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.67%<\/td>\n<td>1.69%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.48%<\/td>\n<td>-5.72%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>6.94%<\/td>\n<td>6.3%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.35%<\/td>\n<td>6.05%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is mixed but not erratic. The 1-month return is modest, while the 3-month number is firmer and sits very close to the benchmark. That tells us the fund has continued to compound, but not in a way that suggests a dramatic change in pace.<\/p>\n<p>Over 1 year, the fund has clearly stayed positive while the benchmark has been negative, which is an important contrast for a liquid strategy. At 3 years and 5 years, the fund remains ahead of the benchmark by a smaller margin, so the longer record still looks stable rather than flashy.<\/p>\n<p>The time pattern also points to a fund that has absorbed market swings with limited visible disruption. The multi-year trend is gradual rather than steep, which is what we would expect from a liquid fund that prioritises liquidity and capital preservation over aggressive return chasing.<\/p>\n<p>For investors, the key point is that the fund has done better than the benchmark across the longer windows, while the near-term numbers do not show a sharp departure from that broader rhythm.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Baroda_BNP_Paribas_Liquid\"><\/span>Should you BUY or HOLD Baroda BNP Paribas Liquid?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>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.<\/p>\n<p><strong>Already holding Baroda BNP Paribas Liquid? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-liquid-fund-g-direct-plan\">Baroda BNP Paribas Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.48%<\/td>\n<td>6.94%<\/td>\n<td>6.35%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-liquid-fund-g-direct-plan\">Aditya Birla SL Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.6%<\/td>\n<td>7.03%<\/td>\n<td>6.4%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-liquid-fund-g-direct-plan\">Axis Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.6%<\/td>\n<td>7.02%<\/td>\n<td>6.39%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sundaram-liquid-fund-g-direct-plan\">Sundaram Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.6%<\/td>\n<td>7.02%<\/td>\n<td>6.37%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/jioblackrock-liquid-fund-g-direct-plan\">JioBlackRock Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.59%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/edelweiss-liquid-fund-g-direct-plan\">Edelweiss Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.57%<\/td>\n<td>7.03%<\/td>\n<td>6.38%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This fund is close to the better-returning peers on a 1-year basis, though the difference is small. Its 3-year and 5-year figures are also slightly below the strongest available peer readings, but the gap is not wide enough to change the overall picture: it remains a steady liquid fund with broadly similar medium-term compounding to the group.<\/p>\n<p>The short-term and longer-term comparisons tell a consistent story rather than conflicting ones. The fund is not stretching far beyond the peer set, but it is holding its place with a restrained pattern that matches the objective of a liquid strategy. This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Clearing Corporation of India Ltd<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>13.7%<\/td>\n<\/tr>\n<tr>\n<td>182 Days Tbill (MD 19\/11\/2026)<\/td>\n<td>Treasury Bills<\/td>\n<td>3.45%<\/td>\n<\/tr>\n<tr>\n<td>Axis Bank Limited (16\/09\/2026) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.27%<\/td>\n<\/tr>\n<tr>\n<td>Indian Bank (17\/09\/2026) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.27%<\/td>\n<\/tr>\n<tr>\n<td>Reliance Retail Ventures Limited (08\/09\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>2.27%<\/td>\n<\/tr>\n<tr>\n<td>Hindustan Petroleum Corporation Limited (29\/09\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>2.26%<\/td>\n<\/tr>\n<tr>\n<td>91 Days Tbill (MD 27\/11\/2026)<\/td>\n<td>Treasury Bills<\/td>\n<td>2.25%<\/td>\n<\/tr>\n<tr>\n<td>Export Import Bank of India (04\/11\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>2.25%<\/td>\n<\/tr>\n<tr>\n<td>Union Bank of India (27\/10\/2026) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.25%<\/td>\n<\/tr>\n<tr>\n<td>REC Limited (23\/11\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>2.24%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Clearing Corporation of India Ltd at 13.7%, which is materially higher than any other visible position. After that, the weights fall into a tight band around the low single digits, and the tenth holding is still only 2.24%. That pattern suggests the portfolio may be influenced most by the cash and settlement exposure at the top, while the rest is spread across shorter-dated instruments and receivables-like exposures.<\/p>\n<p>The top 10 holdings account for approximately 35.21% of the portfolio. With 58 disclosed holdings in total, the visible book looks spread across a fairly long tail rather than concentrated in only a handful of positions. Even so, the first holding is large enough that it could have a noticeable effect on short-term portfolio behaviour, especially when liquidity management becomes more important.<\/p>\n<p>We would read this as a diversified liquid-fund structure with one clearly dominant cash-related position and many smaller balancing positions. That mix may help keep day-to-day volatility contained, while the longer tail may contribute to smoother cash deployment across the maturity profile.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-liquid-fund-g-direct-plan\">Baroda BNP Paribas Liquid Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who can accept a Balanced Risk profile and want short-term parking rather than aggressive capital growth. The return pattern is steady across 1-year, 3-year and 5-year windows, and the fund has stayed ahead of the benchmark over the longer horizons, which makes it more appealing for investors who value consistency.<\/p>\n<p>The main trade-off is that returns are modest and should be viewed in that context. The portfolio is anchored in cash, treasury bills, certificates of deposit and commercial paper, so it is likely to behave more like a liquidity tool than a return-maximising allocation. A short to medium holding horizon fits this profile better than a long-term growth expectation.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load applies on a tapering scale during the first six days: 0.007% on Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5 and 0.0045% on Day 6. There is no exit load on or after 7 days.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 08 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Baroda BNP Paribas Liquid Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b93,272.2298 as of 08 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>Its 1-year return is 6.48%, the 3-year return is 6.94% and the 5-year return is 6.35%.<\/p>\n<p><strong>How has it done versus the benchmark?<\/strong><br \/>It has outpaced the benchmark over 1 year, 3 years and 5 years, while the benchmark was negative over 1 year. The 3-month gap is small, which suggests the recent pace is close to the benchmark.<\/p>\n<p><strong>How does it compare with peer liquid funds on returns?<\/strong><br \/>Its 1-year return is close to the better peer readings, while its 3-year and 5-year returns are slightly below some of the stronger available peer numbers. The differences are narrow rather than large.<\/p>\n<p><strong>Does the fund have a minimum SIP requirement?<\/strong><br \/>Yes. The minimum SIP amount is \u20b9500.<\/p>\n<p><strong>What should investors note about risk, holdings and exit load?<\/strong><br \/>The fund carries a Balanced Risk profile and is built around cash, treasury bills, certificates of deposit and commercial paper. Exit load reduces from Day 1 to Day 6 and is nil on or after 7 days; the fund is managed by Vikram Pamnani and Gurvinder Singh Wasan.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Baroda BNP Paribas Liquid Fund Direct Growth Plan has delivered a steady return profile over 1 year, 3 years and 5 years, with the recent period broadly in line with the longer record rather than showing a sharp change in behaviour. Against peers, its return pattern is competitive but not especially distinctive, which is consistent with a liquid fund focused on stability and liquidity.<\/p>\n<p>The portfolio is led by a sizeable cash-related holding and then spreads across many smaller positions, which can help keep risk contained. For investors who want a short-horizon parking place with a balanced risk profile and a measured return expectation, this fund fits that brief better than a growth-oriented allocation.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 9 September 2026 at 3:00 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Baroda BNP Paribas Liquid Fund Direct Growth Plan\",\"identifier\":\"baroda-bnp-paribas-liquid-fund-g-direct-plan\",\"category\":\"Liquid\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":3272.2298,\"valueReference\":\"as of 08 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"13193 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.14\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.48},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":6.94},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.35},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Vikram Pamnani, Gurvinder Singh Wasan\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Baroda BNP Paribas Liquid Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b93,272.2298 as of 08 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 6.48%, the 3-year return is 6.94% and the 5-year return is 6.35%.\"}},{\"@type\":\"Question\",\"name\":\"How has it done versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outpaced the benchmark over 1 year, 3 years and 5 years, while the benchmark was negative over 1 year. The 3-month gap is small, which suggests the recent pace is close to the benchmark.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer liquid funds on returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is close to the better peer readings, while its 3-year and 5-year returns are slightly below some of the stronger available peer numbers. The differences are narrow rather than large.\"}},{\"@type\":\"Question\",\"name\":\"Does the fund have a minimum SIP requirement?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"What should investors note about risk, holdings and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund carries a Balanced Risk profile and is built around cash, treasury bills, certificates of deposit and commercial paper. Exit load reduces from Day 1 to Day 6 and is nil on or after 7 days; the fund is managed by Vikram Pamnani and Gurvinder Singh Wasan.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baroda BNP Paribas Liquid Fund Direct Growth Plan has a NAV of \u20b93,272.2298 as of 08 Sep 2026 and an AUM of \u20b913,193 Cr. Its 1-year, 3-year and 5-year returns are 6.48%, 6.94% and 6.35%, with a Balanced Risk profile.<\/p>\n","protected":false},"author":38,"featured_media":238342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-232284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["238342"],"rank_math_title":["Baroda BNP Paribas Liquid Fund Review 2026"],"rank_math_description":["Baroda BNP Paribas Liquid Fund Direct Growth Plan NAV \u20b93,272.2298, 1Y return 6.48%, 5Y return 6.35%."],"rank_math_focus_keyword":["Baroda BNP Paribas Liquid Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Baroda_BNP_Paribas_Liquid_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral-1.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=232284"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232284\/revisions"}],"predecessor-version":[{"id":238349,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232284\/revisions\/238349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/238342"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=232284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=232284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=232284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}