A ₹10,000 monthly SIP in the Baroda BNP Paribas Balanced Advantage Fund has grown to ₹15.42 lakh over eight years since inception, according to data released by the fund house. The scheme's SIP return was 10.8% over one year and 12.75% on a compounded annualised basis since inception. A ₹1 lakh investment made at inception would have grown to ₹2,62,961 by the end of August 2026. The fund has crossed the ₹5,000 crore assets under management (AUM) milestone as it approaches its eighth anniversary.
The scheme's Regular Plan delivered a 13.20% CAGR since inception, compared with 10.21% for its benchmark, the Nifty 50 Hybrid Composite Debt 50:50 Index. The fund also delivered higher returns than the benchmark over one-, three- and five-year periods. As reported by the fund house, returns cited are based on data up to the end of August 2026, with past performance not indicative of future returns.
The fund dynamically adjusts its net equity exposure between 30% and 100% using a multi-factor asset allocation model. According to the fund house, Baroda BNP Paribas Asset Management uses a proprietary valuation model that considers multiple valuation parameters to guide fund managers on the relative allocation between equity and debt. As of end-August 2026, 80.6% of the scheme's assets were invested in equity, with the balance in debt, cash and other assets.
Within the equity portfolio, 67.7% was allocated to large-cap stocks, 24.6% to mid-cap stocks and 7.7% to small-cap stocks. The debt portfolio comprised 48.8% sovereign and highest-credit-rated instruments, 36.3% cash and cash equivalents, and 15% AA/AA+ instruments. The fund is managed by Jitendra Sriram, Kushant Arora and Neeraj Saxena for equity allocation, while Prashant Pimple manages the fixed-income allocation.
Recent developments show Baroda BNP Paribas Mutual Fund has declared income distribution under the IDCW option for several schemes, with record date as September 28, 2026. The distribution amounts vary across schemes, with the Baroda BNP Paribas Balanced Advantage Direct-IDCW offering ₹0.170 per unit and the Baroda BNP Paribas Multi Cap Direct-IDCW providing ₹0.370 per unit. This income distribution reflects the fund's performance and distribution policy for investors holding units under the IDCW option.
