Fundalysisby DARKHORSESTOCKS

Scheme

Baroda BNP Paribas Banking Financial Services Fund

Holds 37 companies worth ₹498 Cr in Sept 2026.

  • Fund house

    BNPThe fund house that runs this scheme.

  • AUM

    ₹516 CrBaroda BNP Paribas Banking Financial Services Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 12.3% on Aug 2026, ₹460 Cr.

  • Largest holding

    ICICI BankICICI Bank is 9.2% of this scheme's NAV.

  • Fund manager

    Yash MehtaRuns it since 29 Nov 2025, as the fund house dates it. With Silky Jain (fund manager).

Overview(5 Oct 2026)

Fund managers2

  1. Yash MehtaFund manager · Nov 2025 · 5y · CA B.Com
  2. Silky JainFund manager · Jul 2026 · 16y · M.Com
  1. Sanjay ChawlaNov 2025 – Jul 2026
  2. Sandeep JainMar 2022 – Dec 2025
  3. Arjun BaggaOct 2024 – Dec 2025
  4. Miten VoraDec 2022 – Nov 2024

Key facts

Benchmark
Nifty Financial services Index TRI
Risk
Very High
Expense
Regular 2.67% · Direct 1.08%
Exit load
1% within 30 days
Started
22 Jun 2012
Minimum
₹5,000

Source.Its Scheme Summary Document as of 5 Oct 2026 at AMFI.

What changed(17 changes)

Aug 2026

1 change
  1. Expense ratio
    13 AugRegular 2.96% → 2.68%Direct 1.28% → 1.08%

Jul 2026

3 changes
  1. Silky Jain joined
    14 Julas fund manager
  2. Sanjay Chawla left
    14 Julran it as fund manager from Nov 2025
  3. Expense ratio
    14 JulRegular 2.76% → 2.96%Direct 1.09% → 1.28%

Jun 2026

1 change
  1. Expense ratio
    14 JunRegular 4.03% → 2.76%Direct 2.36% → 1.09%

Source.Its filings at NSE, since Jul 2024.

Fund managers over time(Mar 2022 – now)

  1. Yash Mehta
  2. Silky Jain
  3. Sanjay Chawla
  4. Sandeep Jain
  5. Arjun Bagga
  6. Miten Vora
MainCoSlice2023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Jul 2024 – Oct 2026)

Every change to the expense ratio, newest first.
10 changesRegularDirectΔ pt
13 Aug 20262.68%1.08%0.20
14 Jul 20262.96%1.28%0.19
14 Jun 20262.76%1.09%1.27
14 May 20264.03%2.36%1.56
14 Apr 20262.47%0.80%0.04
14 Dec 20252.40%0.76%0.08
14 May 20252.41%0.84%0.08
13 Dec 20242.42%0.92%0.06
15 Oct 20242.43%0.98%0.28
31 Jul 20242.46%1.26%–
Direct plan, 13 Aug 2026
1.08%
Regular plan 2.68% · Exit load 1% within 30 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(5 Oct 2026)

Objective

The investment objective is to generate long term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity scheme investing in the Banking and Financial Services sector
Benchmark
Nifty Financial services Index TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related securities of companies engaged in Banking & Financial Services Sector
    Allowed80–100%
  2. Equity & Equity related securities of companies engaged in Non Banking & Financial Services Sector
    Allowed0–20%
  3. Money Market and other liquid instruments^^, Gold and Silver instruments (through ETFs)
    Allowed0–20%
  4. Units issued by InvITs
    Allowed0–10%Holds0.0%
  5. Units of Mutual Funds as permitted by SEBI$
    Allowed0–10%Holds0.0%

Holds in Sept 2026.96.4% equity · 3.6% debt and cash

How to invest(5 Oct 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Systematic
SIP - Daily, Weekly, Monthly, Quarterly SWP - Weekly, Monthly & Quarterly STP - Weekly, Forthnightly, Monthly & Quarterly
Minimum
SIP - 500 for daily, weekly & monthly and 1500 for quarterly, SWP - Rs. 1000 for Weekly, Monthly and 1500 for quarterly, STP - Rs. 1000 for weekly, fortnightly, monthly and Rs. 1500 for quarterly, then sIP - Rs. 1, SWP - Rs. 1, STP - Rs. 1

Selling and switching

To redeem
₹1,000 or There will be no minimum redemption criterion for Unit based redemption units
Switch minimum
Minimum Amount for Switch In : 5000 Minimum Amount for Switch Out : 1000

Scheme details(5 Oct 2026)

What it is

Category
Sectoral/Thematic Fund
Offer
1 Jun 2012 to 15 Jun 2012
Started
22 Jun 2012
Reopened
22 Jun 2012
Plans
Regular & Direct
Face value
₹10
Listed
At present, the Units of the Scheme are not proposed to be listed on any stock exchange. However, the AMC / Trustee may at their sole discretion list the Units under the Scheme on one or more stock exchanges at a later date.

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
Deutsche Bank AG
Auditor
S.R. Batliboi & Co. LLP, Chartered Accountants
Registrar
KFin Technologies Limited
SEBI code
BBNP/O/E/SEC/11/12/0012