Baroda BNP Paribas Focused Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Baroda BNP Paribas Focused Fund Direct Growth Plan has an NAV of ₹24.3085 as of 11 Sep 2026 and an AUM of ₹659 Cr. Its 1-year, 3-year and 5-year returns are 0.24%, 8.33% and 9.49%, respectively, and it is classified as High Risk.

Our view is that this is a focused equity fund for investors who can stay patient through swings and want a portfolio that is meaningfully active rather than broadly diversified. The returns look better over longer periods than over the latest year, while the portfolio’s concentration can make outcomes more dependent on a relatively small set of holdings.

Quick facts

Particular	Details
NAV	₹24.3085 as of 11 Sep 2026
AUM	₹659 Cr
Expense Ratio	0.48%
Launch Date	06 Oct 2017
Min SIP	₹250
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	Nil upto 10% of units within 12M, In excess of limit – 1% on or before 12M and Nil after 12M
Fund Managers	Jitendra Sriram, Kushant Arora

The fund is managed by Jitendra Sriram and Kushant Arora.

Source data date: as of 11 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-2.17%	-3.66%
3M	2.04%	-1.91%
1Y	0.24%	-7.62%
3Y	8.33%	6.22%
5Y	9.49%	5.84%

Recent behaviour is mixed. Over 1 month, the fund fell 2.17%, but that was still less weak than the benchmark’s 3.66% decline. Over 3 months, it turned positive at 2.04% while the benchmark stayed negative at -1.91%, which suggests the fund held up better in the latest stretch.

The 1-year figure is the main soft spot. The fund’s 0.24% return is far below its 3-year and 5-year outcomes, so the recent year has been much weaker than the longer compounding pattern. Even so, it still stood ahead of the benchmark’s -7.62% over the same period.

Looked at over 3 years and 5 years, the picture is steadier. The fund’s 8.33% and 9.49% returns remain above the benchmark’s 6.22% and 5.84%, which tells us the strategy has created more value over time than the index comparison used here. The time pattern also suggests bouts of drawdown followed by recovery rather than a smooth climb, so investors should expect variability.

Our view is that the latest year does not overturn the longer record, but it does show that this fund can lag when markets are less supportive. The longer horizon has been stronger than the benchmark, while shorter windows have been more uneven.

Source data date: as of 11 Sep 2026

Should you BUY or HOLD Baroda BNP Paribas Focused?

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Baroda BNP Paribas Focused Fund Direct Growth Plan	0.24%	8.33%	9.49%
Motilal Oswal Focused Fund Direct Growth Plan	27.94%	13.87%	10.83%
Old Bridge Focused Fund Direct Growth Plan	16.75%	Data not available	Data not available
SBI Focused Fund Direct Growth Plan	12.8%	15.38%	12.15%
ITI Focused Fund Direct Growth Plan	12.03%	18.09%	Data not available
Quant Focused Fund Direct Growth Plan	11.1%	12.62%	13.61%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The fund trails the stronger 1-year peer outcomes by a wide margin, with several comparables posting double-digit gains over the same period. Its 3-year and 5-year returns are also below the best available peer figures in this group, though they remain positive and above the benchmark used for this scheme. That creates a split story: the fund’s longer record is respectable, but its latest year is much softer than the peers that have maintained stronger momentum.

Among peers with available 5-year numbers, the fund sits below SBI Focused Fund Direct Growth Plan and Quant Focused Fund Direct Growth Plan on the long view, while still staying ahead of the benchmark comparison used for this scheme. The short-term gap is larger than the long-term gap, so the recent weakness matters more than the multi-year history when comparing it with this set of funds.

Source data date: as of 11 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
State Bank of India	Bank	6.42%
Titan Company Limited	Diamond & Jewellery	5.57%
Larsen & Toubro Limited	Infrastructure	5.52%
Bharti Airtel Limited	Telecom	4.69%
One 97 Communications Limited	IT	4.68%
Mahindra & Mahindra Limited	Automobile & Ancillaries	4.48%
Clearing Corporation of India Ltd	Cash & Cash Equivalents and Net Assets	4.47%
Navin Fluorine International Limited	Chemicals	4.38%
Polycab India Limited	Electricals	4.38%
Axis Bank Limited	Bank	4.08%

The top 10 holdings account for approximately 48.67% of the portfolio.

To see all holdings, visit the Baroda BNP Paribas Focused Fund Direct Growth Plan page

The largest holding, State Bank of India, carries a 6.42% weight, so no single position dominates outright. The gap from the first holding to the tenth is not extreme, but it is still meaningful: weights step down gradually from the mid-6% area into the 4% range, which points to a moderately concentrated structure rather than a sharply top-heavy one.

Because the top 10 holdings together account for 48.67% of the portfolio and the fund discloses 31 holdings in total, the remaining positions form a sizeable tail. That means the leading names may have greater influence on short-term movement, yet the rest of the book can still matter. Our view is that this setup can create distinct performance swings, but it also avoids reliance on just one or two positions.

Sector exposure is spread across banks, consumer, infrastructure, telecom, IT, industrials and chemicals in the disclosed top holdings. That mix suggests the fund is not tied to a single theme, although concentration in a focused equity strategy can still produce uneven results when a few holdings move sharply.

Source data date: as of 11 Sep 2026

Who should invest

This fund suits investors who are comfortable with High Risk and can hold through uneven periods. The latest year has been weak, but the 3-year and 5-year numbers are better and remain ahead of the benchmark used for the scheme, which makes a patient horizon more relevant than a short one.

The main trade-off is between the possibility of stronger multi-year outcomes and the likelihood of sharper swings in shorter windows. The focused portfolio structure can help the right stock picks matter more, but it also raises the chance that a few holdings shape returns meaningfully. That makes it more appropriate for investors who can tolerate volatility and who are looking at a multi-year horizon.

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 sold within 12 months. If units are sold on or before 12 months and the redemption exceeds that limit, exit load is 1%. No exit load applies after 12 months.

Source data date: as of 11 Sep 2026

Frequently asked questions

What is the current NAV of Baroda BNP Paribas Focused Fund Direct Growth Plan?

The current NAV is ₹24.3085 as of 11 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The 1-year return is 0.24%, the 3-year return is 8.33%, and the 5-year return is 9.49%.

How has it done versus the benchmark?

It has beaten the Nifty 50 benchmark over 3 years and 5 years, and it also held up better than the benchmark over 1 month, 3 months and 1 year.

How does it compare with other focused funds on available return data?

Its recent 1-year return is well below several peer funds in the comparison set, while its 3-year and 5-year figures are also below some of the stronger peer outcomes available here. The longer record is still positive, but the latest year looks softer than many peers.

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 Jitendra Sriram and Kushant Arora. The exit load is nil up to 10% of units sold within 12 months; beyond that limit, 1% applies if sold on or before 12 months, and there is no exit load after 12 months.

Bottom line

Baroda BNP Paribas Focused Fund Direct Growth Plan has a weaker latest-year showing than its longer-term track record, but the 3-year and 5-year returns are still positive and ahead of the benchmark used for the scheme. Against the peer set, its recent performance looks subdued, while its longer-horizon numbers sit in the middle of the available comparisons. The portfolio is focused, with the top 10 holdings accounting for 48.67% of assets and 31 holdings disclosed in total, so investor outcomes may depend meaningfully on a small set of positions.

Published on 15 September 2026 at 3:28 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.