(An open ended balanced advantage fund)
(An open ended balanced advantage fund)
The primary objective of the Scheme is to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
NAV Details (As on October 31, 2024)| Regular Plan - Growth Option | : ₹ 23.2076 |
| Regular Plan - IDCW Option | : ₹ 16.9025 |
| Direct Plan - Growth Option | : ₹ 25.1527 |
| Direct Plan - IDCW Option | : ₹ 18.3643 |
Benchmark Index (Tier 1)NIFTY 50 Hybrid Composite debt 50:50 Index
Date of AllotmentNovember 14, 2018
Fund Manager | Category | Fund Manager | Managing fund since | Experience |
| Equity | Sanjay Chawla | 14-Nov-18 | 33 years |
| Equity | Pratish Krishnan | 05-Aug-21 | 23 years |
| Equity | Mr. Neeraj Saxena^ | 21-Oct-24 | 20 years |
| Fixed Income | Mr. Gurvinder Singh Wasan^^ | 21-Oct-24 | 21 years |
^^ Mr. Gurvinder Singh Wasan was appointed as Fund Manager for Fixed Income Category w.e.f October 21, 2024 in place of Mr. Prashant Pimple.
Load StructureEntry Load
Exit Load: Upto 1 year • Redeemed or switched out upto 10% of the allotment: Nil • Redeemed or switched out more than 10% of the allotment: 1% After 1 year - Nil
For detailed load structure please refer Scheme Information Document of the scheme.
Minimum Application Amount:
₹ 5,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount:₹ 1,000 and in multiples of ₹ 1 thereafter
| Monthly AAUM## As on October 31, 2024 | : ₹ 4,140.08 Crores |
| AUM## As on October 31, 2024 | : ₹ 4,114.54 Crores |
## excluding inter-scheme Investments, if any, by other schemes of BNP Paribas Mutual Fund, as may be applicable
| EQUITY HOLDINGS | % of Net Assets | Derivatives % of Net Assets |
| Aerospace & Defense | 2.03% | -0.30% |
| ✔ Bharat Electronics Limited | 2.03% | -0.30% |
| Automobiles | 0.91% | |
| Tata Motors Limited | 0.91% | |
| Banks | 11.79% | -3.54% |
| Bank of Baroda | 1.04% | |
| ✔ HDFC Bank Limited | 4.66% | -0.65% |
| ✔ ICICI Bank Limited | 3.88% | -0.66% |
| IndusInd Bank Limited | 1.07% | -1.08% |
| State Bank of India | 1.14% | -1.15% |
| Beverages | 0.87% | |
| Radico Khaitan Limited | 0.87% | |
| Capital Markets | 1.03% | |
| 360 One WAM Limited | 1.03% | |
| Construction | 3.27% | -0.73% |
| Afcons Infrastructure Limited | 1.01% | |
| ✔ Larsen & Toubro Limited | 2.26% | -0.73% |
| Consumer Durables | 0.75% | |
| Titan Company Limited | 0.75% | |
| Electrical Equipment | 2.99% | |
| CG Power and Industrial Solutions Limited | 1.03% | |
| GE T&D India Limited | 1.20% | |
| Siemens Limited | 0.76% | |
| Finance | 2.02% | |
| PNB Housing Finance Limited | 1.18% | |
| Shriram Finance Limited | 0.84% | |
| Financial Technology (Fintech) | 1.64% | |
| PB Fintech Limited | 1.64% | |
| Healthcare Services | 0.75% | |
| Jupiter Life Line Hospitals Limited | 0.75% | |
| Industrial Manufacturing | 0.89% | |
| Tega Industries Limited | 0.89% | |
| Industrial Products | 1.08% | |
| KEI Industries Limited | 1.08% | |
| IT - Software | 5.94% | -0.08% |
| ✔ Infosys Limited | 2.32% | -0.08% |
| Mphasis Limited | 1.22% | |
| ✔ Tata Consultancy Services Limited | 2.40% | |
| Petroleum Products | 6.14% | -1.52% |
| Hindustan Petroleum Corporation Limited | 1.55% | |
| ✔ Reliance Industries Limited | 4.59% | -1.52% |
| Pharmaceuticals & Biotechnology | 4.13% | |
| Ajanta Pharma Limited | 1.12% | |
| Concord Biotech Limited | 0.76% | |
| Divi's Laboratories Limited | 0.79% | |
| Sun Pharmaceutical Industries Limited | 1.46% | |
| Power | 3.85% | -0.70% |
| ✔ NTPC Limited | 2.68% | -0.70% |
| Power Grid Corporation of India Limited | 1.17% | |
| Retailing | 3.56% | |
| Avenue Supermarts Limited | 0.81% | |
| Info Edge (India) Limited | 0.90% | |
| ✔ Zomato Limited | 1.85% | |
| Telecom - Services | 1.96% | |
| ✔ Bharti Airtel Limited | 1.96% | |
| Less than 0.75% Exposure | 11.35% | -2.22% |
| Total Equity Holdings | 66.95% | -9.09% |
| REITs/InvITs Holdings | % of Net Assets | |
| REITS/INVITS | 6.52% | |
| India Grid Trust InvIT Fund | 1.78% | |
| Bharat Highways Invit | 1.29% | |
| NXT Infra Trust (NIT) | 1.23% | |
| Intelligent Supply Chain Infrastructure Trust | 0.86% | |
| Brookfield India Real Estate Trust | 1.37% | |
| Total REITs/InvITs Holdings | 6.52% | |
| FIXED INCOME HOLDINGS | Rating | % of Net Assets |
| Government Bond | 5.51% | |
| 6.68% GOI (MD 17/09/2031) | Sovereign | 0.06% |
| 6.79% GOI (MD 07/10/2034) | Sovereign | 0.61% |
| 7.06% GOI (MD 10/04/2028) | Sovereign | 0.09% |
| 7.1% GOI (MD 08/04/2034) | Sovereign | 1.11% |
| 7.17% GOI (MD 08/01/2028) | Sovereign | 0.03% |
| 7.18% GOI (MD 14/08/2033) | Sovereign | 0.94% |
| 7.23% GOI (MD 15/04/2039) | Sovereign | 0.18% |
| 7.26% GOI (MD 14/01/2029) | Sovereign | 0.05% |
| 7.32% GOI (MD 13/11/2030) | Sovereign | 0.75% |
| 7.34% GOI (MD 22/04/2064) | Sovereign | 2.16% |
| 7.37% GOI (MD 23/10/2028) | Sovereign | 0.09% |
| 7.38% GOI (MD 20/06/2027) | Sovereign | 0.62% |
| State Government Bond | 0.28% | |
| 8.08% Gujarat SDL (MD 26/12/2028) | Sovereign | 0.18% |
| 8.08% Karnataka SDL (MD 26/12/2028) | Sovereign | 0.05% |
| 8.57% Rajasthan SDL (MD 11/07/2028) | Sovereign | 0.05% |
| Treasury Bill | 0.97% | |
| 182 Days Tbill (MD 14/02/2025) | Sovereign | 0.09% |
| 364 Days Tbill (MD 05/12/2024) | Sovereign | 0.24% |
| 364 Days Tbill (MD 06/02/2025) | Sovereign | 0.38% |
| 364 Days Tbill (MD 14/11/2024) | Sovereign | 0.01% |
| 364 Days Tbill (MD 21/11/2024) | Sovereign | 0.24% |
| Certificate of Deposit | 1.45% | |
| Axis Bank Limited CD (MD 06/06/2025) | CRISIL A1+ | 0.28% |
| Axis Bank Limited CD (MD 31/01/2025) | ICRA A1+ | 0.29% |
| HDFC Bank Limited CD (MD 24/06/2025) | CRISIL A1+ | 0.16% |
| ICICI Bank Limited CD (MD 27/06/2025) | CRISIL A1+ | 0.16% |
| Kotak Mahindra Bank Limited CD (MD 02/05/2025) | CRISIL A1+ | 0.23% |
| Small Ind Dev Bk of India CD (MD 10/06/2025) | CRISIL A1+ | 0.33% |
| Commercial Paper | 1.00% | |
| Kotak Mahindra Prime Limited CP (MD 05/02/2025) | CRISIL A1+ | 0.21% |
| LIC Housing Finance Limited CP (MD 14/05/2025) | CRISIL A1+ | 0.19% |
| Piramal Enterprises Limited CP (MD 13/12/2024) | CRISIL A1+ | 0.60% |
| Corporate Bond | 8.38% | |
| 10.5% Indostar Cap Fin Ltd SR I (25/09/2026) | CRISIL AAA | 0.37% |
| 6.79% Bharat Sanchar Nigam Ltd NCD (MD 23/09/2030) | CRISIL AAA(CE) | 0.44% |
| 7.27% Power Fin Corp Ltd NCD 242A (MD 15/10/2031) | CRISIL AAA | 0.32% |
| 7.34% GAIL India Ltd NCD (MD 20/12/2027) | CARE AAA | 0.12% |
| 7.37% IRFC Ltd Sr 181 NCD (MD 31/07/2029) | CRISIL AA+ | 0.24% |
| 7.58% NABARD Sr 23H NCD (MD 31/07/2026) | CRISIL AA+ | 0.24% |
| 7.60% Power Fin Corp Ltd SR160 NCD (MD 20/02/2027) | CRISIL AAA | 0.34% |
| 7.62% EXIM Bank NCD SR T06 (MD 01/09/2026) | CRISIL AA- | 0.16% |
| 7.62% NABARD NCD Sr 23I (MD 31/01/2028) | CRISIL AA- | 0.73% |
| 7.725% Larsen & Toubro NCD (MD 28/04/2028) | CARE AA- | 0.37% |
| 7.74% Hindustan Petroleum NCD Sr I (MD 02/03/2028) | CARE AA- | 0.35% |
| 7.75% Nuvoco Vistas Corp Ltd NCD (MD 28/08/2025) | CRISIL AAA | 0.15% |
| 7.77% REC Ltd NCD Ser 220 - A (MD 31/03/2028) | ICRA AA | 0.25% |
| 7.7951% Bajaj Finance Ltd NCD (MD 10/12/2027) | CRISIL AAA | 0.12% |
| 7.90% Jamnagar Uti & Pow Pvt NCD (MD10/08/2028) | CRISIL AA+ | 0.44% |
| 8.23% REC Ltd NCD (MD 23/01/2025) | CRISIL AA+ | 0.24% |
| 8.25% JSW Steel Ltd NCD (MD23/12/2027) C 21/03/25 | ICRA AAA | 0.24% |
| 8.3% Torrent Power Ltd NCD Ser10A(MD 02/06/27) | CRISIL AAA | 0.37% |
| 8.35% Tata Projects Ltd NCD SR R (MD 22/07/2027) | CRISIL AAA | 0.05% |
| 8.4% Godrej Housing Fin Ltd Sr C2 (MD 05/01/2028) | CRISIL AA | 0.07% |
| 8.42% Godrej Industries NCD (MD 27/12/2027) | CRISIL AAA | 0.37% |
| 8.8% REC Ltd NCD Ser VI (MD 22/01/2029) | CRISIL AAA | 0.06% |
| 8.85% Muthoot Fin Ltd NCD (MD 30/01/2029) | CRISIL AAA | 0.73% |
| 8.85% Muthoot Fin Ltd Sr30A OPI NCD (MD20/12/28) | CRISIL AAA | 0.29% |
| 9% Yes Bank Ltd Perpetua AT1 (CALL 18/10/2022) | CRISIL AAA | 0.00% |
| 9.35% Adani Ports & SEZ Ltd. NCD (MD 04/07/2026) | CRISIL AAA | 0.12% |
| 9.95% Indostar Cap Fin Ltd SrVI Tra1(21/03/2025) | FITCH AA | 0.34% |
| 9.95% Indostar Cap Fin Ltd SrXVI Tra1(28/02/2026) | CRISIL AA+ | 0.12% |
| 9.95% Indostar Cap Fin Tr1 (MD 30/03/2025) | ICRA D | 0.73% |
| Debt Securities | 18.76% | |
| REDUCED FACE VALUE BONDS - NON | 2.34% | |
| 6.75% Piramal Capital & Hsg Fin RFV (MD 26/09/31) | ICRA AA | 2.34% |
| TOTAL REDUCED FACE VALUE BONDS - NON | 2.34% | |
| TREPS, Cash & Other Net Current Assets | 5.43% | |
| GRAND TOTAL | 100.00% |
Investment in Top 10 scrips constitutes 28.63% of the portfolio
Net equity holdings is 57.86% of the portfolio
Pursuant to distribution under Income Distribution cum Capital Withdrawal (‘IDCW’) option, NAV of the IDCW option of the scheme(s) would fall to the extent of payout and statutory levy (if applicable). The
amounts under IDCW options can be distributed out of investors capital (Equalization Reserve), which is part of sale price that represents realized gains. Past performance may or may not be sustained in future.
The above stated distribution rate per unit is net distribution rate after deducting applicable taxes. The above distribution rates are on face value of ₹ 10 per unit.
| TER - Regular Plan (%) | 1.89% |
| TER - Direct Plan (%) | 0.72% |
| Portfolio Turnover Ratio | 2.32 |
| Standard Deviation* | 9.14% |
| Beta* | 1.24 |
| Sharpe Ratio* | 0.65 |
| Sharpe Ratio (annualised), Standard Deviation (annualised) and Beta are based on last 36 monthly data points. | |
* The information contained in this report has been obtained from sources considered to be authentic and reliable. This quantitative data does not purport to be an offer for purchase and sale of mutual fund units. The risk free rate of return considered for calculation of Sharpe ratio is 6.61%, as per 1 day MIBOR rate on the last business day of the month.
| Average Maturity (years) | 6.23 |
| Modified Duration (years) | 3.2 |
| YTM (%) | 7.57% |
| Macaulay Duration† (years) | 3.34 |
†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 | 53 |
| Portfolio RoE (%) | 18.81 |
| EPS Growth (%) | 59.65 |
Portfolio RoE and EPS Growth is for trailing 12 months (TTM) whereas the number of stocks is as of October 31, 2024.
➤ Capital appreciation over medium to long term.
➤ Investments in equity and equity linked securities as well as debt and money market instruments while managing risk through active asset allocation.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^^Riskometer For Scheme: basis it’s portfolio, For Benchmark (NIFTY 50 Hybrid Composite debt 50:50 Index): basis it’s constituents; As on October 31, 2024
For complete portfolio, kindly refer the website https://www.barodabnpparibasmf.in/
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.