HealthyDirect · GrowthFit for a long SIP
Baroda BNP Paribas Business Cycle Fund
Baroda BNP Paribas Mutual FundEquity Scheme - Sectoral/ Thematic5.1 years
The scheme seeks to generate long term capital appreciation for investors by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
- NAV
- 16.5294
- 29 Oct 2026
- 1Y
- -1.9%
- Trailing CAGR
- AUM
- ₹534.72 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Buy checklist
History depth
Pass
5.1 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.07% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -20.3%. Ask whether you can hold through a similar fall.
Vs category
Watch
49% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Ankeet Pandya · 0.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 42.1% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 20%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-1.9%
- 3Y+12.6%
- 5Y+10.6%
- 10Yn/a
- SI+10.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.0%
- 3Y+3.0%
- 5Y+9.9%
- 10Yn/a
- Since inception
- +10.3%
- Calendar-day CAGR
- Excess 1Y
- +0.7%
- Category median, same plan and option
- 3Y win rate
- +49%
- Windows beating the median
- 3Y percentile
- 56
- Vs comparable share classes
- SIP 3Y XIRR
- +3.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +11.4%
- 519 daily-ending windows
- Median rolling 3Y
- +17.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 27 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -20.3%
- Worst peak-to-trough
- Current
- -7.5%
- Below last peak
- Current spell
- 766 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 48 recovered episodes
- Longest recovery
- 152 days
- Trough to prior peak
23 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-20.3%
17 Jan 2022 – 16 Nov 2022
Trough 17 Jun 2022 · recovered in 152 days
-18.4%
18 Oct 2021 – 12 Jan 2022
Trough 20 Dec 2021 · recovered in 23 days
-9.1%
1 Dec 2022 – 2 Jun 2023
Trough 28 Mar 2023 · recovered in 66 days
-8.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
56
Vs category
54
Consistency
44
Risk-adjusted
43
Drawdown
49
Mean
49
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 55 holdings · top 10 are 42.1%.
- Top 5
- 26.4%
- Top 10
- 42.1%
- Largest holding
- 5.9%
- Effective holdings
- 36.0
ICICI Bank Ltd
Financial
5.9%
Others CBLO
Unspecified
5.8%
Hitachi Energy India Ltd
Industrials
5.2%
Reliance Industries Ltd
Energy & Utilities
4.9%
HDFC Bank Ltd
Financial
4.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Business Cycle Fund
Kotak Mahindra Mutual Fund
- 1Y
- +0.3%
- 3Y
- +16.1%
- Vol
- 12.7%
- Max DD
- -18.4%
- Sharpe
- 0.72
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential Mutual Fund
- 1Y
- -9.1%
- 3Y
- +10.7%
- Vol
- 12.6%
- Max DD
- -16.7%
- Sharpe
- 0.55
- 3Y win
- +65%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Motilal Oswal Active Momentum Fund
Motilal Oswal Mutual Fund
- 1Y
- +15.9%
- 3Y
- n/a
- Vol
- 17.2%
- Max DD
- -16.6%
- Sharpe
- 1.01
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
ICICI Prudential Commodities Fund
ICICI Prudential Mutual Fund
- 1Y
- -2.4%
- 3Y
- +14.9%
- Vol
- 23.0%
- Max DD
- -41.2%
- Sharpe
- 0.84
- 3Y win
- +90%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Nippon India Innovation Fund
Nippon India Mutual Fund
- 1Y
- -5.1%
- 3Y
- +13.1%
- Vol
- 14.3%
- Max DD
- -21.5%
- Sharpe
- 0.47
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown