Baroda BNP Paribas Mutual Fund: Complete Review & Top Funds
Baroda BNP Paribas Mutual Fund manages ₹55,331.35 crore across 28 schemes. Explore top-ranked funds, returns, risk metrics and SIP investing tips.
Baroda BNP Paribas Mutual Fund is a joint-venture AMC backed by Bank of Baroda and BNP Paribas Asset Management Asia Limited, managing ₹55,331.35 crore across 28 schemes. Incorporated on 15 April 2004, the fund house has built a 22-year track record and serves investors across 90 Indian cities through equity, hybrid and debt fund offerings.
Key takeaways
- Baroda BNP Paribas Mutual Fund was incorporated on 15 April 2004 and has 22 years of operating history.
- It manages ₹55,331.35 crore in AUM across 28 schemes.
- Bank of Baroda holds a 50.1% stake and BNP Paribas Asset Management Asia Limited holds 49.9% in the merged entity.
- The formal merger of the two AMCs was completed on 14 March 2022, following a binding agreement signed on 11 October 2019.
- The fund house spans 90 Indian cities and covers equity, hybrid and debt fund categories.
About Baroda BNP Paribas Mutual Fund
Baroda BNP Paribas Mutual Fund came into being through the combination of two established financial institutions. Bank of Baroda and BNP Paribas Asset Management Asia Limited entered into a binding agreement on 11 October 2019 to merge their respective AMC and trustee companies, with the merger taking effect on 14 March 2022.
Post-merger, Bank of Baroda holds the majority stake at 50.1%, while BNP Paribas Asset Management Asia Limited retains 49.9%. The combined entity manages ₹55,331.35 crore across 28 schemes — spanning equity, hybrid and debt categories — and maintains a network presence across 90 cities in India.
Madhukumar Nair serves as CEO and Suresh Soni as MD. Sanjay Chawla heads equity investments as CIO-Equity and Prashant R Pimple oversees the debt side as CIO-Debt. The trustee function is handled by Baroda BNP Paribas Trustee India Pvt Ltd.
The table below captures key fund house details at a glance.
| Field | Detail |
|---|---|
| Total AUM | ₹55,331.35 crore |
| Number of schemes | 28 |
| AMC age | 22 years |
| Incorporation date | 15 April 2004 |
| Sponsors | Bank of Baroda, BNP Paribas Asset Management Asia Limited |
| Trustee organisation | Baroda BNP Paribas Trustee Ind Pvt Ltd |
| CIO | Sanjay Chawla(Chief Investment Officer-Equity), Prashant R Pimple(Chief Investment Officer-Debt) |
| MD | Mr.Suresh Soni |
| CEO | Madhukumar Nair(Chief Executive Officer) |
| Compliance officer | Ms. Richa Parasrampuria |
| Address | BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai 400051 |
Top 10 Baroda BNP Paribas Mutual Funds Ranked by Invo Wealth
The following table lists 10 funds ranked by Invo Wealth's internal quality score, along with their return performance across 6-month, 1-year, 3-year and 5-year horizons.
Performance data as of 5 September 2026.
| Fund | Sub-category | 6M CAGR | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| BARODA BNP PARIBAS CORPORATE BOND FUND - Growth Option | Corporate Bond Fund | 6.66% | 6.04% | 7.53% | -- |
| BARODA BNP PARIBAS CORPORATE BOND FUND | Corporate Bond Fund | 6.66% | 6.04% | 7.53% | -- |
| Baroda BNP Paribas Ultra Short Term Fund | Ultra Short Duration Fund | 7.39% | 6.51% | 7.09% | 6.46% |
| Baroda BNP Paribas Balanced Advantage Fund | Dynamic Asset Allocation / Balanced Advantage Fund | 9.45% | 7.97% | 11.40% | 10.21% |
| Baroda BNP Paribas Gold ETF | ETF | -7.15% | 43.75% | -- | -- |
| BARODA BNP PARIBAS GILT FUND | Gilt Fund | 3.00% | 3.04% | 6.30% | 5.22% |
| BARODA BNP PARIBAS LARGE CAP FUND | Large Cap Fund | 2.69% | 2.43% | 11.30% | -- |
| Baroda BNP Paribas ELSS Tax Saver Fund | ELSS (Tax Saver) Fund | 11.78% | 6.42% | 14.59% | -- |
| BARODA BNP PARIBAS ARBITRAGE FUND | Arbitrage Fund | 5.02% | 5.35% | 6.44% | -- |
| Baroda BNP Paribas Multi Cap Fund | Multi Cap Fund | 17.20% | 4.20% | 13.97% | 12.74% |
All funds listed are Regular Plan - Growth option. CAGR = compound annual growth rate.
Risk Metrics: How Do These Funds Compare?
Return figures alone do not capture the full picture — the table below shows volatility, maximum drawdown and Sortino ratio for the same 10 funds to help you assess risk-adjusted performance before investing.
| Fund | ISIN | Mean 1Y rolling return | Volatility | Max drawdown (3Y) | Sortino ratio |
|---|---|---|---|---|---|
| BARODA BNP PARIBAS CORPORATE BOND FUND - Growth Option | INF251K01EI4 | 7.43% | 1.38% | -0.59% | 0.61 |
| BARODA BNP PARIBAS CORPORATE BOND FUND | INF251K01EP9 | 7.43% | 1.38% | -0.59% | 0.61 |
| Baroda BNP Paribas Ultra Short Term Fund | INF955L01GX2 | 6.15% | 0.43% | -0.06% | 0.56 |
| Baroda BNP Paribas Balanced Advantage Fund | INF955L01HC4 | 12.33% | 12.59% | -11.69% | 0.47 |
| Baroda BNP Paribas Gold ETF | INF251K01SU9 | 48.81% | 23.71% | -22.18% | 2.22 |
| BARODA BNP PARIBAS GILT FUND | INF955L01450 | 5.40% | 3.08% | -2.64% | -0.32 |
| BARODA BNP PARIBAS LARGE CAP FUND | INF251K01894 | 15.17% | 15.79% | -18.57% | 0.37 |
| Baroda BNP Paribas ELSS Tax Saver Fund | INF251K01985 | 17.68% | 17.66% | -17.77% | 0.58 |
| BARODA BNP PARIBAS ARBITRAGE FUND | INF251K01ON3 | 6.63% | 1.24% | -0.31% | -0.71 |
| Baroda BNP Paribas Multi Cap Fund | INF955L01674 | 19.42% | 18.39% | -19.58% | 0.51 |
How to Invest in Baroda BNP Paribas Mutual Funds
Investing in any Baroda BNP Paribas scheme is straightforward through online channels. You can invest directly through the fund house's official website or through any registered online mutual fund platform. Sign up on Invo Wealth to get complete portfolio insights and start investing in mutual funds that actually suit your goals and risk profile.
Starting, increasing or stopping a SIP
- Starting a SIP: Invest via the fund house's website or any registered online investment platform or mobile application.
- Increasing your SIP: Use the Step-up or Top-up SIP facility if available — confirm with the fund house first and use a Step-up SIP calculator to finalise the revised amount before making changes.
- Stopping a SIP: Place a Cancel SIP request online by logging into the fund house's website with your folio number, through your investment platform, or via your registered agent.
Redeeming your investment
Online redemptions can be processed by logging into the fund house's website using your folio number or through the platform where you originally invested. For offline redemptions, visit the nearest fund house branch and submit the required redemption form.
Conclusion
Baroda BNP Paribas Mutual Fund is a 22-year-old AMC managing ₹55,331.35 crore across 28 schemes, backed by Bank of Baroda (50.1%) and BNP Paribas Asset Management Asia Limited (49.9%). With coverage across equity, hybrid and debt categories and a presence in 90 Indian cities, it offers a broad range of options for different investor needs. Before selecting any scheme, reviewing both return history and risk metrics — particularly volatility and maximum drawdown — is essential to ensure the fund aligns with your actual risk tolerance and investment horizon.
Frequently asked questions
How do I start a SIP in Baroda BNP Paribas Mutual Fund online?
You can start a Baroda BNP Paribas SIP through Invo Wealth, through the fund house's official website, or via any other registered online investment platform or mobile application. The process is entirely online and does not require a branch visit.
How do I calculate my Baroda BNP Paribas SIP returns?
To estimate SIP returns, you need your monthly investment amount, the SIP tenure, the number of instalments already paid, and an expected rate of return. Enter these inputs into an online SIP calculator to project the approximate maturity value.
How do I redeem my Baroda BNP Paribas Mutual Fund investment?
For online redemption, log in to the fund house's official website with your folio number or use the platform where you originally invested. For offline redemption, visit the nearest fund house branch and submit a redemption form in person.
Can I increase my SIP amount in Baroda BNP Paribas Mutual Fund?
Yes, through the Step-up or Top-up SIP facility offered by the fund house. It is advisable to confirm this option directly with the fund house before activating it, and to use a Step-up SIP calculator to determine the revised amount.
How do I stop or cancel a Baroda BNP Paribas SIP?
You can cancel a SIP at any time by placing a Cancel SIP request online — either by logging into the fund house's website with your folio number, through the investment platform where the SIP is active, or by contacting your registered agent.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. This article is for education only and is not investment advice. Past performance does not guarantee future returns. Invo Wealth is an AMFI-registered mutual fund distributor (ARN-368528).