Fundalysisby DARKHORSESTOCKS

Scheme

Baroda BNP Paribas Multi Asset Fund

Holds 56 companies worth ₹998 Cr in Sept 2026.

  • Fund house

    BNPThe fund house that runs this scheme.

  • AUM

    ₹1,398 CrBaroda BNP Paribas Multi Asset Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.0% on Aug 2026, ₹1,486 Cr.

  • Largest holding

    ICICI BankICICI Bank is 4.6% of this scheme's NAV.

  • Fund manager

    Jitendra SriramRuns it since 19 Dec 2022, as the fund house dates it. With Vikram Pamnani (fund manager), Kushant Arora (fund manager).

Overview(30 Sept 2026)

Fund managers3

  1. Jitendra SriramFund manager, equity · Dec 2022 · 27y · B.E.
  2. Vikram PamnaniFund manager, debt · Dec 2022 · 16y · PGDM
  3. Kushant AroraFund manager · Jul 2026 · 11y · CA FRM
  1. Pratish KrishnanOct 2024 – May 2026

Key facts

Benchmark
65% of Nifty 500 TRI + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold
Risk
Very High
Expense
Regular 2.06% · Direct 0.92%
Exit load
Nil
Started
19 Dec 2022
Minimum
₹5,000

Source.Its Scheme Summary Document as of 30 Sept 2026 at AMFI.

What changed(18 changes)

Sept 2026

1 change
  1. Expense ratio
    14 SeptRegular 2.08% → 2.06%

Aug 2026

1 change
  1. Expense ratio
    13 AugRegular 2.24% → 2.08%Direct 1.08% → 0.92%

Jul 2026

2 changes
  1. Kushant Arora joined
    14 Julas fund manager
  2. Expense ratio
    14 JulRegular 2.05% → 2.24%Direct 0.88% → 1.08%

Source.Its filings at NSE, since Jul 2024.

Fund managers over time(Dec 2022 – now)

  1. Jitendra Sriram
  2. Vikram Pamnani
  3. Kushant Arora
  4. Pratish Krishnan
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 – Sept 2026)

Every change to the expense ratio, newest first.
16 changesRegularDirectΔ pt
14 Sept 20262.06%0.92%0
13 Aug 20262.08%0.92%0.16
14 Jul 20262.24%1.08%0.20
14 Jun 20262.05%0.88%0.04
14 Apr 20262.09%0.92%0.03
10 Mar 20262.05%0.89%0.01
14 Feb 20262.04%0.88%0.03
12 Jan 20262.07%0.91%0.01
14 Dec 20252.08%0.92%0.04
14 Nov 20252.07%0.88%0
15 Oct 20252.08%0.88%0.02
15 Sept 20252.10%0.90%0.02
14 May 20252.11%0.92%0.12
13 Dec 20242.10%1.04%0.14
15 Oct 20242.10%0.90%0.01
31 Jul 20242.09%0.89%–
Direct plan, 14 Sept 2026
0.92%
Regular plan 2.06% · Exit load nil
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(30 Sept 2026)

Objective

The investment objective of the scheme is to seek long term capital growth by investing in equity and equity related securities, debt & money market instruments, REITs / InVITs and Gold ETF. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended scheme investing in Equity, Debt and Gold ETF.
Benchmark
65% of Nifty 500 TRI + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold

Asset allocation it may hold% of NAV

  1. Equity and Equity Related Instruments
    Allowed65–80%Holds70.2%
  2. Debt & Money Market instruments
    Allowed10–25%Holds28.6%
  3. Gold and silver (ETFs and ETCDs#)
    Allowed10–25%
  4. Units Issued by INvITs
    Allowed0–10%Holds1.1%

Holds in Sept 2026.70.2% equity · 28.6% debt and cash · 1.1% REITs and InvITs

How to invest(30 Sept 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 - 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 : 5000 Minimum Amount for Switch Out : 1000

Scheme details(30 Sept 2026)

What it is

Category
Multi Asset Allocation
Offer
28 Nov 2022 to 12 Dec 2022
Started
19 Dec 2022
Reopened
26 Dec 2022
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/MAA/22/09/0030