Baroda BNP Paribas ESG Best in Class Strategy Fund
Direct · GrowthAI Summary
The Baroda BNP Paribas ESG Best in Class Strategy Fund has delivered near-flat returns over long horizons, with a 5Y lump-sum CAGR of -0.11% versus the NIFTY 50's -0.83%, indicating modest outperformance but very weak absolute returns. Negative alpha across all periods (e.g., -2.06% over 5Y, -2.34% over 15Y) suggests the fund has underperformed on a risk-adjusted basis. XIRR data is unavailable, so SIP performance cannot be directly compared to category averages of 10.54% (1Y) and 16.16% (3Y).
The fund exhibits a low beta of 0.62 against the NIFTY 50, confirming it moves less sharply than the market in both directions, with downside capture of 65.2% and upside capture of 71.24%. Maximum drawdown is very small at -0.10%, though one drawdown event exceeding 10% is noted and recovery took 59 days. The downside capture exceeding upside capture on relative terms means losses are cushioned but rallies are captured less fully, consistent with the persistent negative alpha.
The portfolio holds 50 stocks with a large-cap tilt led by ICICI Bank (7.02%), Bharti Airtel (6.02%), and HDFC Bank (5.42%), keeping the top-10 concentration moderate at roughly 42%. Sector-wise, Banks dominate at 19.1%, followed by IT-Software at 10.9% and Automobiles at 9.4%, reflecting an ESG-quality, diversified large-cap approach. This diversification supports the fund's low beta but also limits upside potential versus more concentrated peers.
As a Sectoral/Thematic ESG fund, it behaves more like a low-volatility large-cap quality fund than an aggressive thematic offering, with a 0.62 beta and subdued returns. Without XIRR data, it cannot be fairly ranked against category SIP averages of 16%+ over 3-5 years, but the near-zero long-term CAGRs suggest it has lagged most sectoral/thematic peers. Consistency is difficult to judge given only 2026 calendar year data (-0.43%) is available.
This fund suits conservative investors seeking ESG-screened, diversified large-cap quality exposure with low downside capture and modest volatility. A long horizon of 5-7 years or more is appropriate, given long-term returns have been near flat and the strategy is not designed for quick thematic gains. Investors needing market-beating alpha or higher growth may find the persistent negative alpha (-1.79% over 3Y) disappointing.
- Low beta of 0.62 with downside capture of 65.2%, cushioning losses significantly in weak markets
- Minimal maximum drawdown of -0.10% with quick recovery, indicating strong downside resilience
- Diversified 50-stock portfolio with large-cap quality names and a moderate top-10 weight of ~42%
- Persistent negative alpha across all horizons, from -0.47% (1Y) to -2.33% (15Y), signals weak risk-adjusted outperformance
- Near-zero long-term lump-sum CAGRs (5Y: -0.11%) are far below category average SIP XIRRs of 16%+ over similar periods
Generated on 05-11-2026, 3:03 AM. Verify before investing.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
Not enough data to compute SIP returns.
Not enough data to compute rolling returns.
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +2.07 | 0.64 | 73.5% | 65.2% | 7.8% | 5.3% |
| 3 Years | -0.93 | 0.64 | 73.5% | 65.2% | 2.5% | 1.7% |
| 5 Years | -1.51 | 0.64 | 73.5% | 65.2% | 1.5% | 1.0% |
| 7 Years | -1.74 | 0.64 | 73.5% | 65.2% | 1.1% | 0.7% |
| 10 Years | -1.93 | 0.64 | 73.5% | 65.2% | 0.8% | 0.5% |
| 12 Years | -2.00 | 0.64 | 73.5% | 65.2% | 0.6% | 0.4% |
| 15 Years | -2.07 | 0.64 | 73.5% | 65.2% | 0.5% | 0.3% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | ICICI Bank Limited | 7.02% |
| 2 | Bharti Airtel Limited | 6.02% |
| 3 | HDFC Bank Limited | 5.42% |
| 4 | Infosys Limited | 4.76% |
| 5 | Eternal Limited | 4.34% |
| 6 | State Bank of India | 3.06% |
| 7 | Mahindra & Mahindra Limited | 3.03% |
| 8 | Tech Mahindra Limited | 2.92% |
| 9 | Torrent Pharmaceuticals Limited | 2.81% |
| 10 | Bosch Limited | 2.67% |