Baroda BNP Paribas Large and Midcap Fund Celebrates Fifth Anniversary with AUM Crossing ₹1,500 Crore
by Prashant Kapadia/NHN
Mumbai, November 17, 2025 – Baroda BNP Paribas Asset Management India Pvt. Ltd. today announced a dual milestone for its Baroda BNP Paribas Large and Midcap Fund. The scheme, which completes five years of wealth creation, has crossed ₹1,500 crore in assets under management (AUM), underlining investor confidence in its ability to deliver the brand promise of ‘Together for more’ by creating wealth for investors.
Strong Performance Track Record
The scheme, managed by Sanjay Chawla, Chief Investment Officer – Equity, and Kirtan Mehta, Senior Analyst, has consistently outperformed its benchmark. Over the past three years, the scheme delivered a 17.08% return, compared to 13.9% by the benchmark BSE 250 Large & Midcap TRI. Since inception, the fund has appreciated 21.23%, against the benchmark’s 19.82%.
A sum of ₹100,000 invested at inception would have more than doubled to ₹274,803.0 as of October 31, 2025. Similarly, a monthly SIP of ₹10,000 in the fund since inception would have grown to ₹9.61 lakh, highlighting its effectiveness as a long-term wealth creation tool.
Balanced Approach: Large and Midcaps
The Baroda BNP Paribas Large and Midcap Fund invests at least 35% each in large-cap and mid-cap companies, building a diversified portfolio of 40–60 stocks drawn from the 250 companies in this segment. As of October 2025, the portfolio allocation included:
• A little over 50% in large-cap stocks
• 45.4% in mid- and small-cap stocks
This mix of stocks across market capitalisations, helps capture the stability of established leaders while tapping into the growth potential of emerging businesses.
By pairing established large caps with high-growth midcaps, the fund offers investors a portfolio designed for long-term capital appreciation through a combination of resilience and growth.
Sectoral Strategy and Outlook
In October 2025, the key overweight positions were consumer discretionary, information technology, and financials, while key underweight positions were materials, utilities, and consumer staples. The fund managers remain positive on consumer discretionary sector on account of strong demand during the festive season, led by GST rate cuts. The Baroda BNP Paribas Large and Midcap Fund however has a cautious view on the materials sector stemming from oversupply pressures triggered by US tariffs, impacting global commodity markets.
With its fifth anniversary, strong track record, and robust AUM growth, Baroda BNP Paribas Large and Midcap Fund reinforces its positioning as a trusted choice for investors seeking balanced equity exposure to India’s multi decadal growth story.
About Baroda BNP Paribas Mutual Fund Baroda BNP Paribas Mutual Fund is managed by Baroda BNP Paribas Asset Management India Pvt Ltd, a strategic partnership between Bank of Baroda and BNP Paribas Asset Management, a part of the BNP Paribas Group.
Baroda BNP Paribas Mutual Fund offers 47* schemes across equity, hybrid, debt and overseas fund of fund categories. It aims to leverage the wide network of Bank of Baroda and its knowledge of the Indian market along with the global expertise of BNP Paribas Asset Management to offer high quality investment solutions. Baroda BNP Paribas Mutual Fund has strong nationwide presence across 121* towns and cities and has a vision to create a positive impact on people’s lives by delivering sustainable value for their investments.