Baroda BNP Paribas Arbitrage Direct Growth

Low Risk
Alternative
Arbitrage Fund

NAV as on Feb 6, 2026

Price per unit of the scheme.

₹ 17.62850.06%1 Day Change

0.58%

Minimum Investment₹5000

Expense Ratio0.41%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Baroda BNP Paribas Arbitrage Direct Growth

Alternative: Arbitrage Fund Average NAV

Topper in Alternative: Arbitrage Fund

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Baroda BNP Paribas Arbitrage Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

NIFTY 50 Arbitrage TR INR

Expense Ratio

0.41%

Category Avg Expense Ratio

0.38%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1500

Lock In (Years)

No Lock-in

Fund Size

₹ 1,322.21 Cr(As on Dec, 2025)

Inception Date

Dec 28, 2016

Turnover

2,127.00 %

Exit Load

0.25% if redeemed on or before 15days from the date of allotment ofunits.NIL if redeemed after 15 days fromthe date of allotment of units.

Objective: The primary investment objective of the scheme is to generate income and capital appreciation by investing in a combination of diversified portfolio of equity and equity related instruments, including use of equity derivatives strategies and arbitrage opportunities with exposure in debt and fixed income instruments. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Baroda BNP Paribas Arbitrage Direct Growth is an Alternative - Arbitrage Fund fund. The fund was launched inDec 28, 2016. Its risk level is . The NAV of the fund as onFeb 06, 2026 is ₹17.63. Its expense ratio is 0.41 %. The fund has an AUM of ₹1,322.21 Cr.The fund is managed byVikram Pamnani,Neeraj Saxena,Miten Vora.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Neeraj Saxena

Lead Fund Manager.

Mar 14, 2022 - Present

Schemes managed3
Total AUM₹ 6,349.17 Cr
Highest Return In 1 Yr11.13 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Baroda BNP Paribas Arbitrage Direct Growth

₹ 17.63

0.58%

0.60%

Low Risk

₹1,322.21Cr

Baroda BNP Paribas Equity Savings Fund Direct Growth

₹ 18.28

-0.71%

-0.31%

Moderately High risk

₹278.79Cr

Baroda BNP Paribas Balanced Advantage Fund Direct Growth

₹ 27.62

-1.05%

-1.38%

Very High Risk

₹4,748.18Cr

Baroda BNP Paribas Arbitrage Direct Growth

Low Risk--

NAV₹ 17.63
Fund Size₹1,322.21Cr

Fund Return0.58%

Category Return0.60%

Baroda BNP Paribas Equity Savings Fund Direct Growth

Moderately High risk

NAV₹ 18.28
Fund Size₹278.79Cr

Fund Return-0.71%

Category Return-0.31%

Baroda BNP Paribas Balanced Advantage Fund Direct Growth

Very High Risk

NAV₹ 27.62
Fund Size₹4,748.18Cr

Fund Return-1.05%

Category Return-1.38%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Vikram Pamnani

Lead Fund Manager.

Mar 16, 2022 - Present

Schemes managed21
Total AUM₹ 22,949.21 Cr
Highest Return In 1 Yr17.60 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Baroda BNP Paribas Multi Asset Fund Direct Growth

₹ 16.89

0.51%

Very High Risk

₹1,321.38Cr

Baroda BNP Paribas Overnight Fund Direct Growth

₹ 1,404.57

0.43%

Low Risk

₹675.77Cr

Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

₹ 1,619.01

0.37%

0.35%

Moderate Risk

₹765.48Cr

Baroda BNP Paribas Multi Asset Fund Direct Growth

Very High Risk--

NAV₹ 16.89
Fund Size₹1,321.38Cr

Fund Return0.51%

Category Return--

Baroda BNP Paribas Overnight Fund Direct Growth

Low Risk--

NAV₹ 1,404.57
Fund Size₹675.77Cr

Fund Return0.43%

Category Return--

Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Moderate Risk

NAV₹ 1,619.01
Fund Size₹765.48Cr

Fund Return0.37%

Category Return0.35%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Miten Vora

Lead Fund Manager.

Dec 1, 2022 - Present

Schemes managed15
Total AUM₹ 20,700.82 Cr
Highest Return In 1 Yr22.32 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Baroda BNP Paribas Equity Savings Fund Direct Growth

₹ 18.28

-0.71%

-0.31%

Moderately High risk

₹278.79Cr

Baroda BNP Paribas Mid Cap Fund Direct Plan Growth Option

₹ 126.13

-0.87%

-2.59%

Very High Risk

₹2,312.61Cr

Baroda BNP Paribas ELSS Fund Direct Plan Growth Option

₹ 111.27

-2.08%

-2.62%

Very High Risk

₹941.44Cr

Baroda BNP Paribas Equity Savings Fund Direct Growth

Moderately High risk

NAV₹ 18.28
Fund Size₹278.79Cr

Fund Return-0.71%

Category Return-0.31%

Baroda BNP Paribas Mid Cap Fund Direct Plan Growth Option

Very High Risk

NAV₹ 126.13
Fund Size₹2,312.61Cr

Fund Return-0.87%

Category Return-2.59%

Baroda BNP Paribas ELSS Fund Direct Plan Growth Option

Very High Risk

NAV₹ 111.27
Fund Size₹941.44Cr

Fund Return-2.08%

Category Return-2.62%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Dec, 2025

EQUITY (-0.37%)

DEBT (2.06%)

CASH (98.30%)

Allocation by Market Cap

Large Cap(15.89%)

Mid Cap(6.25%)

Small Cap(4.13%)

Other Cap(0.02%)

Industry Holdings

Banks Regional21.14%
Utilities Independent Power Producers6.65%
Drug Manufacturers Specialty Generic6.36%
Telecom Services6.08%
Steel5.80%
Specialty Finance4.67%

Stock Holdings

Future on Cenergy Holdings SA5.97%
HDFC Bank Ltd3.67%
Future on Vodafone Idea Ltd3.45%
Vodafone Idea Ltd3.43%
RBL Bank Ltd3.02%
ICICI Bank Ltd2.67%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
--
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
--
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
3.15
This Fund
VS
1.39
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
13.21
This Fund
VS
4.63
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
0.37
This Fund
VS
0.50
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Baroda BNP Paribas Asset Management India Pvt. Ltd.

Baroda BNP Paribas Asset Management India Pvt. Ltd. manages assets worth ₹ 51,860.71 crores. It’s current offering of mutual fund schemes includes 22 equity, 14 debt and 8 hybrid schemes.

Phone

+91 22 69209600

service@barodabnpparibasmf.in

AUM

₹ 51,860.71 Cr (

As on Dec 31, 2025

)

Address

201(A) 2nd Floor, A wing, Crescenzo, C-38 & 39, G Block Mumbai,400 051

FAQ's

What is the category of Baroda BNP Paribas Arbitrage Direct Growth ?

The category of Baroda BNP Paribas Arbitrage Direct Growth is Alternative - Arbitrage Fund

What is the current NAV of Baroda BNP Paribas Arbitrage Direct Growth ?

The current NAV of Baroda BNP Paribas Arbitrage Direct Growth as on Feb 06, 2026 is ₹17.63

How safe is Baroda BNP Paribas Arbitrage Direct Growth ?

The risk level of Baroda BNP Paribas Arbitrage Direct Growth is Low.

What are short term returns given by Baroda BNP Paribas Arbitrage Direct Growth ?

The return given by Baroda BNP Paribas Arbitrage Direct Growth in 1 month is 0.58%, 3 months is 1.70%, 6 months is 3.19%, and 1 year is 6.91%

What are the long term returns given by Baroda BNP Paribas Arbitrage Direct Growth ?

The return given by Baroda BNP Paribas Arbitrage Direct Growth in 3 years is 7.68% and 5 years is 6.44%.

What is the expense ratio of Baroda BNP Paribas Arbitrage Direct Growth ?

The expense ratio of Baroda BNP Paribas Arbitrage Direct Growth is 0.41%

What is the AUM of Baroda BNP Paribas Arbitrage Direct Growth ?

The assets under Management (AUM) of Baroda BNP Paribas Arbitrage Direct Growth is Rs 1,322.21 crores.

What is the minimum investment in Baroda BNP Paribas Arbitrage Direct Growth ?

The minimum Lumpsum investment in Baroda BNP Paribas Arbitrage Direct Growth is ₹5,000.00 and the minimum SIP investment in Baroda BNP Paribas Arbitrage Direct Growth is ₹1,500.00

What is the asset allocation of Baroda BNP Paribas Arbitrage Direct Growth?

Baroda BNP Paribas Arbitrage Direct Growth has an exposure of 2.06% in Debt and 98.30% in Cash & Money Market Securities