3 Top Rated BNP Paribas Mutual Fund SIPs To Consider In 2021

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oi-Sneha Kulkarni

| Published: Tuesday, September 7, 2021, 17:01 [IST]

BNP Paribas Mutual Fund is a subsidiary of BNP Paribas Asset Management, a specialist investment management arm of the BNP Paribas Group, one of the world’s largest financial companies. BNP Paribas Mutual Fund is part of a worldwide network that aims to combine in-depth local market knowledge with expertise obtained from managing investments across several market cycles and conditions. The Value Research Rating organization has given three of the top funds a five-star rating.

BNP Paribas Large Cap Fund

The Scheme invests primarily in high market capitalization companies in order to produce long-term capital growth from a diversified and actively managed portfolio of equities and equity-related instruments. The Value Research Rating has given a 5-star rating on the fund. A three-year SIP of Rs 10,000 would yield a profit of Rs 1.81 lakh.

The assets under management of BNP Paribas Large Cap Fund Direct-Growth are valued at Rs 1,129 crores (AUM). The fund charges a 1.0 percent expense ratio, which is more than most other Large Cap funds.

BNP Paribas Large Cap Fund Direct-Growth returns have been 50.34 percent over the last year. It has returned an average of 16.77 percent per year since its inception.

The majority of the money in the fund is invested in the financial, technology, construction, services, and energy industries. ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and Axis Bank Ltd. are the fund’s top five holdings.

BNP Paribas Arbitrage Fund

The scheme aims to create income and capital appreciation through a diverse portfolio of equities and equity-related instruments, including the use of equity derivatives techniques and arbitrage opportunities, as well as exposure to debt and fixed income instruments. The Value Research has given 5 star rating on the fund. A three-year SIP of Rs 10,000 would yield a profit of Rs 29,370

The BNP Paribas Arbitrage Fund Direct – Growth manages assets worth 748 crores (AUM). The fund’s fee ratio is 0.3 percent, which is comparable to the expense ratios charged by most other Arbitrage funds. The fund currently has a -0.18 percent equity allocation and a 22.64 percent debt allocation.

The Financial, Metals, Services, Healthcare, and Chemicals sectors make up the majority of the fund’s equity holdings. Reserve Bank of India, Adani Ports and Special Economic Zone Ltd., NMDC Ltd., UPL Ltd., and ITC Ltd. are the fund’s top five holdings.

BNP Paribas Substantial Equity Hybrid Fund

BNP Paribas Substantial Equity Hybrid Fund Direct-Growth had assets under management (AUM) of Rs.661 crores, making it a tiny fund in its category. The fund’s expense ratio is 0.57 percent, which is lower than the expense ratios charged by most other Aggressive Hybrid funds. The fund now has a 77.18 percent stock allocation and a 10.28 percent debt allocation.

BNP Paribas Substantial Equity Hybrid Fund Direct has generated growth returns of 43.79 percent during the last year. It has had an average yearly return of 16.64 percent since its inception.

The equity part of the fund is predominantly invested in the financial, technology, construction, healthcare, and fast-moving consumer goods sectors. ICICI Bank Ltd., Axis Bank Ltd., GOI, HDFC Bank Ltd., and State Bank of India are the fund’s top five holdings.

The Scheme invests in a diversified portfolio of equities and equity-related assets, as well as fixed income instruments, in order to create income and capital appreciation.

The Value Research and Morningstar has given 5 star rating on the fund. A three-year SIP of Rs 10,000 would yield a profit of Rs 1.72 lakh.

Disclaimer

Investing in mutual funds poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage houses are not liable for any losses caused as a result of decisions based on the article.

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Story first published: Tuesday, September 7, 2021, 17:01 [IST]

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