HealthyDirect · GrowthFit for a long SIP
Baroda BNP Paribas Flexi Cap Fund
Baroda BNP Paribas Mutual FundEquity Scheme - Flexi Cap Fund4.2 years
The scheme seeks to generate long term capital appreciation by investing in a dynamic mix of equity and equity related instruments across market capitalizations.
- NAV
- 15.9532
- 29 Oct 2026
- 1Y
- -3.8%
- Trailing CAGR
- Upside capture
- +102%
- Vs NIFTY 500 TRI
- Downside capture
- +91%
- Lower is better
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 · The fund beat the category median in 78% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
4.2 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
1.29% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -20.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
78% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Jitendra Sriram · 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 ≈ 30.5% 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-3.8%
- 3Y+11.9%
- 5Yn/a
- 10Yn/a
- SI+12.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.4%
- 3Y+2.9%
- 5Yn/a
- 10Yn/a
- Since inception
- +12.1%
- Calendar-day CAGR
- Excess 1Y
- +1.1%
- Category median, same plan and option
- 3Y win rate
- +78%
- Windows beating the median
- 3Y percentile
- 61
- Vs comparable share classes
- SIP 3Y XIRR
- +2.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +10.8%
- 292 daily-ending windows
- Median rolling 3Y
- +16.4%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- +3.8%
- Fund minus TRI
- 3Y excess
- +1.5%
- Fund minus TRI
- Upside capture
- +102%
- Benchmark-up months
- Downside capture
- +91%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -20.4%
- Worst peak-to-trough
- Current
- -7.8%
- Below last peak
- Current spell
- 80 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 49 recovered episodes
- Longest recovery
- 518 days
- Trough to prior peak
27 Sept 2024 – 3 Aug 2026
Trough 3 Mar 2025 · recovered in 518 days
-20.4%
10 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-9.9%
14 Dec 2022 – 30 May 2023
Trough 28 Mar 2023 · recovered in 63 days
-9.2%
3 Jun 2024 – 13 Jun 2024
Trough 4 Jun 2024 · recovered in 9 days
-8.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
61
Vs category
57
Consistency
66
Risk-adjusted
49
Drawdown
49
Mean
56
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 78% of rolling 3-year windows.
- Three-year return is above the category median.
Portfolio
30 Sept 2026 · 55 holdings · top 10 are 30.5%.
- Top 5
- 16.9%
- Top 10
- 30.5%
- Largest holding
- 3.7%
- Effective holdings
- 46.2
The Federal Bank Ltd
Financial
3.7%
One 97 Communications Ltd
Industrials
3.6%
Larsen & Toubro Ltd
Industrials
3.4%
Reliance Industries Ltd
Energy & Utilities
3.1%
Bharat Heavy Electricals Ltd
Industrials
3.0%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
DECISION
Status moved from HEALTHY to MONITOR.
21 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Flexi Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- -0.3%
- 3Y
- +15.8%
- Vol
- 13.1%
- Max DD
- -17.5%
- Sharpe
- 0.69
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Parag Parikh Flexi Cap Fund
PPFAS Mutual Fund
- 1Y
- -7.0%
- 3Y
- +12.5%
- Vol
- 11.9%
- Max DD
- -31.2%
- Sharpe
- 0.96
- 3Y win
- +88%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
UNIFI FLEXI CAP FUND
Unifi Mutual Fund
- 1Y
- +2.5%
- 3Y
- n/a
- Vol
- 12.9%
- Max DD
- -13.2%
- Sharpe
- -0.09
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
BANK OF INDIA FLEXI CAP FUND
Bank of India Mutual Fund
- 1Y
- +3.1%
- 3Y
- +18.6%
- Vol
- 16.6%
- Max DD
- -23.7%
- Sharpe
- 1.09
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ITI Flexi Cap Fund
ITI Mutual Fund
- 1Y
- +6.5%
- 3Y
- +18.5%
- Vol
- 15.4%
- Max DD
- -21.4%
- Sharpe
- 1.00
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown