Baroda BNP Paribas Large Cap Fund Celebrates 20 Years of Wealth Creation
19 July 2024 – Baroda BNP Paribas Large Cap Fund, managed by Baroda BNP Paribas Mutual Fund, marks a significant milestone this September as it completes 20 years of consistently creating wealth for investors. In an era where many equity funds in India have struggled to beat market benchmarks, this fund has emerged as a stellar performer, delivering returns across short, medium and long term.
A consistently monthly investment of Rs 10,000 since the launch of this fund would have today made the investor a crorepati with the investment being worth more than Rs 1.28 crore.
Consistent Benchmark Beating Performance: Since its inception, Baroda BNP Paribas Large Cap Fund has consistently outperformed its benchmark index over 1-year, 3-year, 5-year, 10-year periods, and since its inception. This achievement underscores the effectiveness of the active fund management strategy employed by Baroda BNP Paribas Mutual Fund.
Smooth Market Navigation: The fund’s ability to navigate market fluctuations effectively is a testament to its investment philosophy. Designed to ride the market waves without capsizing, it adjusts allocations across sectors dynamically, ensuring resilience against sector-specific downturns while capturing growth opportunities.
Lower Volatility with Beta Less than 1: Investors benefit from the fund’s lower volatility, with a beta less than 1 compared to the overall market. This characteristic provides stability during market downturns and aligns with the fund’s objective of delivering sustainable long-term returns.
Wealth Creation Potential: For investors, the potential for wealth creation has been significant. A monthly investment of Rs 10,000 since the fund’s inception would have made the investor a multi-millionaire, more specifically the investment would be worth more than Rs 1.28 crore* illustrating the wealth-building capability of Baroda BNP Paribas Large Cap Fund over the long term.
About Baroda BNP Paribas Mutual Fund: Baroda BNP Paribas Mutual Fund is a collaboration between Bank of Baroda, one of India’s leading public sector banks, and BNP Paribas Asset Management, a global leader in asset management services. The mutual fund offers a diverse range of investment solutions tailored to meet the evolving needs of investors across different risk profiles and investment horizons.