Fundalysisby DARKHORSESTOCKS

Scheme

Baroda BNP Paribas Energy Opportunities Fund

Holds 34 companies worth ₹575 Cr in Sept 2026.

  • Fund house

    BNPThe fund house that runs this scheme.

  • AUM

    ₹592 CrBaroda BNP Paribas Energy Opportunities Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.7% on Aug 2026, ₹627 Cr.

  • Largest holding

    Reliance IndustriesReliance Industries is 8.5% of this scheme's NAV.

  • Fund manager

    Kirtan MehtaRuns it since 29 Nov 2025, as the fund house dates it. With Kushant Arora (fund manager).

Overview(9 Oct 2026)

Fund managers2

  1. Kirtan MehtaFund manager · Nov 2025 · 26y · CFA MMS B.E.
  2. Kushant AroraFund manager · Jul 2026 · 11y · CA FRM
  1. Sanjay ChawlaFeb 2025 – Jul 2026
  2. Sandeep JainFeb 2025 – Dec 2025

Key facts

Benchmark
Nifty Energy TRI
Risk
Very High
Expense
Regular 2.6% · Direct 1.56%
Exit load
10% within 1 year
Started
10 Feb 2025
Minimum
₹1,000

Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

What changed(13 changes)

Sept 2026

1 change
  1. Expense ratio
    14 SeptRegular 2.63% → 2.62%Direct 1.59% → 1.57%

Aug 2026

1 change
  1. Expense ratio
    13 AugRegular 2.4% → 2.63%Direct 1.25% → 1.59%

Jul 2026

3 changes
  1. Kushant Arora joined
    14 Julas fund manager
  2. Sanjay Chawla left
    14 Julran it as fund manager from Feb 2025
  3. Expense ratio
    14 JulRegular 3.05% → 2.4%Direct 1.9% → 1.25%

Source.Its filings at NSE, since Feb 2025.

Fund managers over time(Feb 2025 – now)

  1. Kirtan Mehta
  2. Kushant Arora
  3. Sanjay Chawla
  4. Sandeep Jain
MainCoSlice2026
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(Feb 2025 – Oct 2026)

Every change to the expense ratio, newest first.
10 changesRegularDirectΔ pt
14 Sept 20262.62%1.57%0.02
13 Aug 20262.63%1.59%0.34
14 Jul 20262.40%1.25%0.65
14 Jun 20263.05%1.90%0.65
14 May 20262.40%1.25%0.01
14 Apr 20262.42%1.26%0.25
14 Dec 20252.36%1.01%0.31
14 May 20252.30%0.70%0.01
15 Apr 20252.31%0.71%0.02
13 Feb 20252.33%0.73%–
Direct plan, 14 Sept 2026
1.57%
Regular plan 2.62% · Exit load 10% within 1 year
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(9 Oct 2026)

Objective

TThe investment objective is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries /sectors such as oil & gas, utilities and power.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended equity scheme predominantly investing in Energy companies
Benchmark
Nifty Energy TRI

Asset allocation it may hold% of NAV

  1. Equity and equity related^ instruments of companies in the Energy and allied sectors
    Allowed80–100%
  2. Equity and equity related instruments of companies other than those in the Energy and allied sectors
    Allowed0–20%
  3. Money Market and other liquid instruments*, Gold and Silver instruments (through ETFs)
    Allowed0–20%
  4. Units of Mutual Funds as permitted by SEBI
    Allowed0–10%Holds0.0%
  5. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.97.2% equity · 2.8% debt and cash

How to invest(9 Oct 2026)

Buying

To start
₹1,000, 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 - Daily, Weekly, Fortnightly, 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 daily, 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 : 1000 Minimum Amount for Switch Out : 1000

Scheme details(9 Oct 2026)

What it is

Category
Equity Scheme Sectoral/Thematic Fund
Offer
21 Jan 2025 to 4 Feb 2025
Started
10 Feb 2025
Reopened
12 Feb 2025
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
Registrar
KFin Technologies Limited
SEBI code
BBNP/O/E/THE/24/09/0047