Baroda BNP Paribas Funds Retirement Fund
[An open-ended retirement solution-oriented
scheme having a lock-in of 5 years or till
retirement age (whichever is earlier)]
Baroda BNP Paribas Funds Retirement Fund
[An open-ended retirement solution-oriented
scheme having a lock-in of 5 years or till
retirement age (whichever is earlier)]
December 2024

December 2024


Investment Objective

The primary investment objective of the Scheme is to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments with a view to provide a retirement solution to investors. However, there can be no assurance that the investment objective of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

NAV Details (As on December 31, 2024)
Regular IDCW : ₹ 10.9116
Regular Growth : ₹ 10.9116
Direct IDCW : ₹ 11.0453
Direct Growth : ₹ 11.0453
Benchmark Index (Tier 1)

CRISIL Hybrid 35+65 Aggressive Index

Date of Allotment

May 28, 2024

Fund Manager
Category Fund Manager Managing fund since Experience
Equity Pratish Krishnan 28-May-24 23 years
Fixed Income Mr. Gurvinder Singh Wasan 21-Oct-24 21 years
Load Structure

Exit Load: Nil
For detailed load structure please refer Scheme Information Document of the scheme.


Lumpsum Details

Minimum Application Amount:
₹ 1,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount:₹ 1,000 and in multiples of ₹ 1 thereafter.


Monthly AAUM## As on December 31, 2024 : ₹ 357.18 Crores
AUM## As on December 31, 2024 : ₹ 357.23 Crores

## excluding inter-scheme Investments, if any, by other schemes of Baroda BNP Paribas Mutual Fund, as may be applicable

EQUITY HOLDINGS% of Net Assets
Banks 12.73%
HDFC Bank Limited 4.96%
ICICI Bank Limited 3.48%
Bank of Baroda 1.31%
AU Small Finance Bank Limited 1.03%
State Bank of India 1.00%
Kotak Mahindra Bank Limited 0.95%
IT - Software 8.45%
Infosys Limited 4.21%
Mastek Limited 1.17%
Persistent Systems Limited 1.12%
LTIMindtree Limited 1.03%
Mphasis Limited 0.92%
Electrical Equipment 5.31%
GE Vernova T&D India Limited 2.99%
Bharat Heavy Electricals Limited 1.19%
Hitachi Energy India Limited 1.13%
Pharmaceuticals & Biotechnology 3.19%
Divi's Laboratories Limited 2.25%
Cipla Limited 0.94%
Capital Markets 3.14%
360 One WAM Limited 2.04%
BSE Limited 1.10%
Retailing 3.00%
Trent Limited 1.08%
Zomato Limited 1.05%
Info Edge (India) Limited 0.87%
Diversified FMCG 2.99%
ITC Limited 1.69%
Hindustan Unilever Limited 1.30%
Chemicals & Petrochemicals 2.83%
Navin Fluorine International Limited 1.06%
Vinati Organics Limited 1.00%
Linde India Limited 0.77%
Consumer Durables 2.59%
Dixon Technologies (India) Limited 1.51%
Havells India Limited 1.08%
Petroleum Products 2.45%
Reliance Industries Limited 2.45%
Finance 2.30%
PNB Housing Finance Limited 1.23%
Power Finance Corporation Limited 1.07%
Automobiles 2.29%
Mahindra & Mahindra Limited 1.43%
TVS Motor Company Limited 0.86%
Telecom - Services 2.04%
Bharti Airtel Limited 2.04%
Power 1.87%
NTPC Limited 1.01%
Power Grid Corporation of India
Limited 0.86%
Industrial Manufacturing 1.51%
Jyoti CNC Automation Ltd 1.51%
Beverages 1.43%
Varun Beverages Limited 1.43%
Personal Products 1.42%
Dabur India Limited 1.42%
Food Products 1.33%
Mrs. Bectors Food Specialities Limited 1.33%
Financial Technology (Fintech) 1.26%
PB Fintech Limited 1.26%
IT - Services 1.16%
Sagility India Limited 1.16%
Industrial Products 1.12%
KEI Industries Limited 1.12%
Construction 1.09%
Larsen & Toubro Limited 1.09%
Healthcare Services 1.07%
Max Healthcare Institute Limited 1.07%
Insurance 1.00%
Max Financial Services Limited 1.00%
Cement & Cement Products 0.96%
Ambuja Cements Limited 0.96%
Auto Components 0.83%
UNO Minda Limited 0.83%
Non - Ferrous Metals 0.81%
Hindalco Industries Limited 0.81%
Diversified 0.77%
3M India Limited 0.77%
LESS THAN 0.75% EXPOSURE 2.17%
TOTAL EQUITY HOLDING 73.11%
FIXED INCOME HOLDINGS Rating Rating % of Net Assets
GOVERNMENT BOND 18.82%
7.34% GOI (MD 22/04/2064) Sovereign 14.61%
6.79% GOI (MD 07/10/2034) Sovereign 4.21%
CORPORATE BOND 4.04%
Jamnagar Utilities & Power Private Limited CRISIL AAA 2.83%
Piramal Capital & Housing Finance Limited ICRA AA 1.21%
TREPS, Cash & Other Net Current Assets 4.03%
GRAND TOTAL 100.00%

Investment in Top 10 scrips constitutes 44.03% of the portfolio


For SIP Performance please click here

For Scheme Performance please click here

The scheme currently does not have Distribution History.

TER - Regular Plan (%) 2.27%
TER - Direct Plan (%) 0.30%
Portfolio Turnover Ratio 0.69

* The information contained in this report has been obtained from sources considered to be authentic and reliable. The quantitative data does not purport to be an offer for purchase and sale of mutual fund units.

Average Maturity (years) 23.77
Modified Duration (years) 8.69
YTM (%) 7.14%
Macaulay Duration† (years) 9.01

†Concept of Macaulay duration: The Macaulay Duration is a measure of a bond’s sensitivity to interest rate changes. It is expressed in annual terms. It is the weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Factors like a bond’s price, maturity, coupon, yield to maturity among others impact the calculation of Macaulay duration. The Macaulay duration can be viewed as the economic balance point of a group of cash flows. Another way to interpret the statistic is that it is the weighted average number of years an investor must maintain a position in the bond until the present value of the bond’s cash flows equals the amount paid for the bond. As it provides a way to estimate the effect of certain market changes on a bond’s price, the investor can choose an investment that will better meet his future cash needs.

No of Stocks 54
Portfolio RoE (%) 16.89
EPS Growth (%) 50.25

Portfolio RoE and EPS Growth is for trailing 12 months (TTM) whereas the number of stocks is as of December 31, 2024.


This product is suitable for investors who are seeking*:

➤ Capital appreciation and Income generation over long term.
➤ Investment in diversified portfolio of equity & equity related securities and fixed Income securities.

*Investors should consult their nancial advisers if in doubt about whether the product is suitable for them.

Scheme Riskometer^^
Investors understand that their principal will be at Very High risk


Benchmark (Tier 1) Riskometer^
Benchmark riskometer is at Very High risk


^^Riskometer For Scheme: basis it’s portfolio, ^Riskometer For Benchmark (CRISIL Hybrid 35+65 Aggressive Index): basis it’s constituents; As on December 31, 2024

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.