Fundalysisby DARKHORSESTOCKS

Scheme

Baroda BNP Paribas Nifty Bank ETF

Holds 14 companies worth ₹4.1 Cr in Sept 2026.

  • Fund house

    BNPThe fund house that runs this scheme.

  • AUM

    ₹4.1 CrBaroda BNP Paribas Nifty Bank ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.8% on Aug 2026, ₹4.3 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 17.9% of this scheme's NAV.

  • Fund manager

    Neeraj SaxenaRuns it since 18 Jun 2024, as the fund house dates it. With Meenakshi Gururaj (fund manager).

Overview(5 Oct 2026)

Fund managers2

  1. Neeraj SaxenaFund manager · Jun 2024 · 21y · PGDM
  2. Meenakshi GururajFund manager · May 2026 · 17y · MBA

    Key facts

    Benchmark
    Nifty Bank TRI
    Risk
    Very High
    Expense
    Regular 0.52% · Direct 0%
    Exit load
    Nil
    Started
    18 Jun 2024
    Minimum
    On Continuous basis: Authorised Participants: Application for subscription/redemption of BBNPNBETF Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Application for subscription/redemption of BBNPNBETF Units directly with the Fund in Creation Unit Size pursuant to minimum requirement of 25 crore at NAV based prices by payment of requisite Cash as determined by the AMC only by means of payment instruction of Real Time Gross Settlement (RTGS) / National Electronic Funds Transfer (NEFT) or Funds Transfer Letter / Transfer Cheque of a bank where the Scheme has a collection account. Other investors (including Authorised Participants, Large Investors and Regulated Entities): Units of BBNPGETF can be subscribed/redeemed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. Note: Allotment of units will be done after deduction of applicable stamp duty and transaction, if any

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

    What changed(8 changes)

    Sept 2026

    1 change
    1. Expense ratio
      14 SeptRegular 0.55% → 0.54%

    Aug 2026

    1 change
    1. Expense ratio
      13 AugRegular 1.12% → 0.55%

    Jul 2026

    1 change
    1. Expense ratio
      14 JulRegular 0.78% → 1.12%

    Source.Its filings at NSE, since Jul 2024.

    Fund managers over time(Jun 2024 – now)

    1. Neeraj Saxena
    2. Meenakshi Gururaj
    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.
    8 changesRegularDirectΔ pt
    14 Sept 20260.54%0.00%0
    13 Aug 20260.55%0.00%0
    14 Jul 20261.12%0.00%0
    14 Jun 20260.78%0.00%0
    14 May 20260.38%0.00%0
    14 Apr 20260.97%0.00%0
    14 May 20250.09%0.00%0
    31 Jul 20240.15%0.00%–
    Direct plan, 14 Sept 2026
    0.00%
    Regular plan 0.54% · 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(5 Oct 2026)

    Objective

    The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Bank Total Returns Index before expenses, subject to tracking errors, fees and expenses. However, there is no assurance that the objective of the Scheme will be realized, and the Scheme does not assure or guarantee any returns.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended scheme replicating / tracking the Nifty Bank Total Returns Index
    Benchmark
    Nifty Bank TRI

    Asset allocation it may hold% of NAV

    1. Equity & Equity related securities of companies constituting Nifty Bank Index
      Allowed95–100%Holds99.9%
    2. Money Market instruments & Units of Liquid scheme & Cash & cash equivalents
      Allowed0–5%

    Holds in Sept 2026.99.9% equity · 0.1% debt and cash

    How to invest(5 Oct 2026)

    Buying

    To start
    On Continuous basis: Authorised Participants: Application for subscription/redemption of BBNPNBETF Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Application for subscription/redemption of BBNPNBETF Units directly with the Fund in Creation Unit Size pursuant to minimum requirement of 25 crore at NAV based prices by payment of requisite Cash as determined by the AMC only by means of payment instruction of Real Time Gross Settlement (RTGS) / National Electronic Funds Transfer (NEFT) or Funds Transfer Letter / Transfer Cheque of a bank where the Scheme has a collection account. Other investors (including Authorised Participants, Large Investors and Regulated Entities): Units of BBNPGETF can be subscribed/redeemed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. Note: Allotment of units will be done after deduction of applicable stamp duty and transaction, if any

    Selling and switching

    To redeem
    On Continuous basis: Authorised Participants: Application for subscription/redemption of BBNPNBETF Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Application for subscription/redemption of BBNPNBETF Units directly with the Fund in Creation Unit Size pursuant to minimum requirement of 25 crore at NAV based prices by payment of requisite Cash as determined by the AMC only by means of payment instruction of Real Time Gross Settlement (RTGS) / National Electronic Funds Transfer (NEFT) or Funds Transfer Letter / Transfer Cheque of a bank where the Scheme has a collection account. Other investors (including Authorised Participants, Large Investors and Regulated Entities): Units of BBNPGETF can be subscribed/redeemed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. Note: Allotment of units will be done after deduction of applicable stamp duty and transaction, if any

    Scheme details(5 Oct 2026)

    What it is

    Category
    Other Scheme: ETFs
    Offer
    31 May 2024 to 14 Jun 2024
    Started
    18 Jun 2024
    Reopened
    24 Jun 2024
    Plans
    Currently · there are no investment Plans/Options being offered under the Scheme
    Face value
    ₹10
    Listed
    Listed on NSE and BSE

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    Deutsche Bank AG
    Auditor
    S.R. Batliboi & Co. LLP, Chartered Accountants
    Registrar
    KFin Technologies Limited
    SEBI code
    BBNP/O/O/EET/23/12/0042