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Sectoral / Thematic · Equity

Baroda BNP Paribas Business Cycle Fund

Baroda BNP Paribas Asset Management India Private Limited
Benchmark
BSE 500 TRI
Riskometer
Very High
Size
₹535 cr
Allotted
15 Sep 2021
Holdings as of
30 Sep 2026

Baroda BNP Paribas Business Cycle Fund is a sectoral / thematic fund of Baroda BNP Paribas Asset Management India Private Limited with ₹535 cr under management. It is ahead of its benchmark (BSE 500 TRI) in 3 of 3 periods. Its direct plan charges 1.07% a year. Rohan Korde has managed it for 0.3 years.

Has Baroda BNP Paribas Business Cycle Fund beaten its benchmark?

Ahead of its benchmark, BSE 500 TRI, in 3 of 3 periods in AMFI's figures; +0.90% over the last year against −4.65%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month−2.84% −3.60% —
3 months−1.81% −5.03% —
6 months+3.28% −1.83% —
1 year+0.90% −4.06% +4.96 pts
3 years+11.90% +9.27% +2.63 pts
5 years+10.29% +8.00% +2.29 pts
10 years— +12.69% —
Since start
from 21 Sep 2021
+10.62%——
Valarth price history to 13 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026
Ahead of its benchmark (BSE 500 TRI) in 3 of 3 periods.
PeriodDirectRegularBenchmarkAheadRank
1y +0.90%−0.57%−4.65% +5.55 🔒
3y +11.88%+10.30%+8.97% +2.91 🔒
5y +10.29%+8.71%+8.06% +2.23 🔒
10y ——— — —
Ahead in points a year · its rank among Sectoral / Thematic funds, and how steady the lead is, in the app

Value of 100, month-end

Sep 2021 to 13 Oct 2026
50100150200 20232025
Fund 168Nifty 500 TRI 154

₹100 put in at the start of Sep 2021 would be ₹168 on 13 Oct 2026, against ₹154 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does Baroda BNP Paribas Business Cycle Fund cost?

1.07% a year on the direct plan, 2.52% on the regular plan; 58 of 174 funds in its category charge less.

Direct plan
1.07% a year
Category median 1.22%
Regular plan
2.52% a year
Category median 2.38%
Gap
1.45 points
for the same holdings
58 of 174 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Equity Scheme - Sectoral/ Thematic

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Baroda BNP Paribas Business Cycle Fund?

Rohan Korde, since 1 Jul 2026; Ankeet Pandya, since 1 Jul 2026.

Rohan Korde
0.3 years
since 1 Jul 2026
Ankeet Pandya
0.3 years
since 1 Jul 2026
Benchmark as filedBSE 500 TRI
Exit load
Redemption / switch out of units upto 10% of the units allotted before 1 Year from the date of allotment - NIL, If units are redeemed over and above the 10% limit, before 1 Year from the date of allotment - 1% of the applicable Net Asset Value (NAV), For redemption / switch out of units after 1 Year from the date of allotment - NIL.
From 6 Scheme Summary Documents filed with NSE, first on 14 Apr 2026; as on 14 Sep 2026

What does Baroda BNP Paribas Business Cycle Fund hold?

56 holdings as of 30 Sep 2026; the ten largest are 38.7% of the fund, the largest ICICI Bank Limited at 5.9%.

Mix

Holdings as of 30 Sep 2026
Equity94.3%Debt0.9%Cash4.8%Other0.0%
Holdings
56
53 shares
Top ten
38.7%
of the fund
Effective holdings
36.6
spread, as if equal-weighted
Matched to our table
100%
of the equity

Five largest

% of fund
ICICI Bank Limited5.93%
Hitachi Energy India Limited5.16%
Reliance Industries Limited4.93%
HDFC Bank Limited4.53%
Larsen & Toubro Limited4.11%

Five largest industries

% of fund
Banks20.6%
Electrical Equipment8.40%
Pharmaceuticals & Biotechnology8.40%
IT - Software7.80%
Petroleum Products5.20%

By company size

% of equity · SEBI size lists
Large Cap69.2%Mid Cap16.3%Small Cap14.5%

How does Baroda BNP Paribas Business Cycle Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro
Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.
Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro
The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Baroda BNP Paribas Business Cycle Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro
Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

Moves with its indexnot an index tracker
Nearest to the Nifty 50: 55% of it differs from the index (an active fund is usually above 60%).
Active share 55.0%60%

Funds that hold much the same

% of holdings in common
Baroda BNP Paribas Large Cap Fund66.9% the same
31 shared holdings
Baroda BNP Paribas Multi Asset Fund60.0% the same
30 shared holdings
Baroda BNP Paribas Aggressive Hybrid Fund57.2% the same
34 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro
How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Baroda BNP Paribas Business Cycle Fund?

Rohan Korde (manager) since 1 Jul 2026; Ankeet Pandya (manager) since 1 Jul 2026.

What is the expense ratio of Baroda BNP Paribas Business Cycle Fund?

1.07% a year on the direct plan and 2.52% on the regular plan (expense report, Oct 2026).

How has Baroda BNP Paribas Business Cycle Fund done?

Its direct plan returned +11.88% a year over 3 years against +8.97% for its benchmark, BSE 500 TRI, as of 13 Oct 2026.

Inside the app

See Baroda BNP Paribas Business Cycle Fund beside your own funds in Valarth

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Baroda BNP Paribas Business Cycle Fund in the app: beside your own funds, with what you own through them

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