HealthyDirect · GrowthFit for a long SIP
BARODA BNP PARIBAS CONSERVATIVE HYBRID FUND
Baroda BNP Paribas Mutual FundHybrid Schemes - Conservative Hybrid Fund4.6 years
The scheme aims to generate regular returns through investment primarily in debt and money market instruments. It would also invest a portion of its assets in equity and equity related securities to generate long term appreciation.
- NAV
- 56.9493
- 30 Oct 2026
- 1Y
- +2.4%
- Trailing CAGR
- AUM
- ₹949.15 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 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 · The fund beat the category median in 61% of rolling 1-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Watch
4.6 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.56% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -4.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
29% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Vikram Pamnani · 0.1 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 ≈ 34.7% 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 4%. 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+2.4%
- 3Y+8.1%
- 5Yn/a
- 10Yn/a
- SI+7.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.0%
- 3Y+5.3%
- 5Yn/a
- 10Yn/a
- Since inception
- +7.9%
- Calendar-day CAGR
- Excess 1Y
- +1.9%
- Category median, same plan and option
- 3Y win rate
- +29%
- Windows beating the median
- 3Y percentile
- 50
- Vs comparable share classes
- SIP 3Y XIRR
- +5.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +8.0%
- 395 daily-ending windows
- Median rolling 3Y
- +9.8%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -4.5%
- Worst peak-to-trough
- Current
- -1.9%
- Below last peak
- Current spell
- 78 days
- Days below latest peak
- Time below peak
- +72%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 90 recovered episodes
- Longest recovery
- 54 days
- Trough to prior peak
4 Apr 2022 – 10 Aug 2022
Trough 17 Jun 2022 · recovered in 54 days
-4.5%
18 Feb 2026 – 21 Apr 2026
Trough 30 Mar 2026 · recovered in 22 days
-3.2%
2 Jan 2025 – 15 Apr 2025
Trough 28 Feb 2025 · recovered in 46 days
-2.9%
13 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-2.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
50
Vs category
62
Consistency
45
Risk-adjusted
53
Drawdown
89
Mean
60
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
- The fund beat the category median in 61% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 105 holdings · top 10 are 34.7%.
- Top 5
- 23.4%
- Top 10
- 34.7%
- Largest holding
- 8.7%
- Effective holdings
- 44.5
Others CBLO
Unspecified
8.7%
RELIANCE INDUSTRIES LIMITED SERIES H 8.95 NCD 09NV28 FVRS10LAC
Energy & Utilities
5.0%
POWER FINANCE CORPORATION LIMITED SR 247A 7.44 BD 15JN30 FVRS1LAC
Financial
4.5%
NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC
Financial
2.6%
ULTRATECH CEMENT LIMITED SR II 7.23 NCD 01FB30 FVRS1LAC
Materials
2.6%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Conservative Hybrid Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +1.5%
- 3Y
- +8.4%
- Vol
- 5.0%
- Max DD
- -14.2%
- Sharpe
- 0.82
- 3Y win
- +59%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
HSBC Conservative Hybrid Fund
HSBC Mutual Fund
- 1Y
- +0.6%
- 3Y
- +8.6%
- Vol
- 4.9%
- Max DD
- -10.4%
- Sharpe
- 0.55
- 3Y win
- +38%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
ICICI Prudential Conservative Hybrid Fund
ICICI Prudential Mutual Fund
- 1Y
- +1.0%
- 3Y
- +8.5%
- Vol
- 4.2%
- Max DD
- -8.8%
- Sharpe
- 0.98
- 3Y win
- +86%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Kotak Conservative Hybrid Fund
Kotak Mahindra Mutual Fund
- 1Y
- -0.1%
- 3Y
- +8.3%
- Vol
- 4.8%
- Max DD
- -11.8%
- Sharpe
- 0.87
- 3Y win
- +95%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
BANK OF INDIA CONSERVATIVE HYBRID FUND
Bank of India Mutual Fund
- 1Y
- +1.2%
- 3Y
- +6.4%
- Vol
- 6.8%
- Max DD
- -15.4%
- Sharpe
- 0.34
- 3Y win
- +35%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns