Baroda BNP Paribas Multicap Fund AUM Crosses ₹2,500 cr in its 21st Year

Hyderabad: The Baroda BNP Paribas Multicap Fund has achieved yet a milestone of crossing the Rs 2,500 crore assets under management (AUM) as it celebrates its 21st year of institution.

Known for its well-balanced portfolio constituting of a blend of large, mid and small-cap stocks, the scheme has consistently outperformed its benchmark index for the short and medium term periods (one-year and three-year periods).

Since its inception, the Baroda BNP Paribas Multicap Fund has been a compelling choice for investors seeking robust returns. An investor who invested ₹10,000 monthly through a systematic investment plan (SIP) since the scheme's launch would today see their investment grow to over ₹1.58 crore. The fund’s Sharpe ratio of 1.11 reflects its ability to deliver strong risk-adjusted returns, while its beta of less than one indicates that these returns were achieved with limited downside risk. The scheme’s performance is a testament to the mutual fund’s brand promise of ‘Together for More.’

The Baroda BNP Paribas Multicap Fund leverages the multi-cap index universe, which provides fund managers the flexibility to invest across a wide range of sectors, including Media, Textiles, and Forest Materials that are often absent from large-cap indices. This broad diversification enables the fund to tap into unique growth opportunities and mitigate risks across various economic cycles.

The scheme, which aims to maintain a diversified portfolio of 40-60 stocks, is ideal for investors seeking growth with diversification, first-time investors looking for exposure across market caps through a single fund, and those wishing to participate in India’s growth story. The scheme is managed by Mr Chawla as the designated fund manager of the flagship product.