Fundalysisby DARKHORSESTOCKS

Scheme

Baroda BNP Paribas Innovation Fund

Holds 47 companies worth ₹812 Cr in Sept 2026.

  • Fund house

    BNPThe fund house that runs this scheme.

  • AUM

    ₹859 CrBaroda BNP Paribas Innovation Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.4% on Aug 2026, ₹918 Cr.

  • Largest holding

    One 97 Communications LimitedOne 97 Communications Limited is 5.3% of this scheme's NAV.

  • Fund manager

    Jitendra SriramRuns it since 1 Jul 2026, as the fund house dates it. With Abhay Joshi (co-manager).

Overview(7 Oct 2026)

Fund managers2

  1. Jitendra SriramFund manager · Jul 2026 · 27y · B.E.
  2. Abhay JoshiCo-manager · Jul 2026 · 2y · MBA
  1. Sanjay ChawlaMay 2026 – Jul 2026
  2. Ankeet PandyaJan 2025 – Jul 2026
  3. Pratish KrishnanMar 2024 – May 2026
  4. Miten VoraMar 2024 – Jan 2025

Key facts

Benchmark
Nifty 500 TRI
Risk
Very High
Expense
Regular 2.51% · Direct 1.28%
Exit load
10% within 1 year
Started
5 Mar 2024
Minimum
₹1,000

Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

What changed(23 changes)

Sept 2026

1 change
  1. Expense ratio
    14 SeptRegular 2.6% → 2.56%Direct 1.36% → 1.33%

Aug 2026

1 change
  1. Expense ratio
    13 AugRegular 3.08% → 2.6%Direct 1.81% → 1.36%

Jul 2026

5 changes
  1. Jitendra Sriram joined
    14 Julas fund manager
  2. Abhay Joshi joined
    14 Julas co-manager
  3. Sanjay Chawla left
    14 Julran it as fund manager from May 2026
  4. Ankeet Pandya left
    14 Julran it as fund manager from Jan 2025
  5. Expense ratio
    14 JulRegular 3.06% → 3.08%Direct 1.79% → 1.81%

Source.Its filings at NSE, since Jul 2024.

Fund managers over time(Mar 2024 – now)

  1. Jitendra Sriram
  2. Abhay Joshi
  3. Sanjay Chawla
  4. Ankeet Pandya
  5. Pratish Krishnan
  6. Miten Vora
MainCoSlice20252026
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.
16 changesRegularDirectΔ pt
14 Sept 20262.56%1.33%0.03
13 Aug 20262.60%1.36%0.45
14 Jul 20263.08%1.81%0.02
14 Jun 20263.06%1.79%0.65
14 May 20263.72%2.44%1.38
14 Apr 20262.33%1.06%0.04
14 Feb 20262.28%1.02%0.01
14 Dec 20252.27%1.01%0.04
14 Aug 20252.25%1.05%0.01
15 Jul 20252.26%1.06%0.01
12 Jun 20252.25%1.05%0.01
14 May 20252.26%1.06%0.52
13 Dec 20242.13%0.54%0.29
14 Nov 20242.08%0.25%0.01
15 Oct 20242.07%0.24%0.04
31 Jul 20242.11%0.28%–
Direct plan, 14 Sept 2026
1.33%
Regular plan 2.56% · 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(7 Oct 2026)

Objective

The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended equity scheme investing in innovation theme.
Benchmark
Nifty 500 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments of companies belonging to the innovation theme
    Allowed80–100%
  2. Equity and equity related instruments of any other companies
    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 2026.94.5% equity · 5.5% debt and cash

How to invest(7 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(7 Oct 2026)

What it is

Category
Equity Scheme Sectoral/Thematic Fund
Offer
14 Feb 2024 to 28 Feb 2024
Started
5 Mar 2024
Reopened
7 Mar 2024
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/THE/23/12/0039