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BNP Paribas Mutual Fund: NAV, Performance & Latest MF Schemes

About BNP Paribas Mutual Fund

The BNP Paribas Mutual Fund is a small-sized mutual fund that was incorporated in 2003 and commenced operations in 2004. It offers several different funds that have had stable yields ever since its inception. The BNP Paribas Mutual Fund, although relatively new, offers a wide variety of options for people who are looking to invest for the long term.

The total value of the assets under the management of the BNP Paribas Mutual Fund is 7,707 crore as of 1 March 2021. The fund offers debt and equity option for people who wish to go the traditional high or low-risk way in mutual fund investment and hybrid schemes for those looking for the middle path. This helps the fund cover a wide range of consumer choices and risk profiles.

The BNP Paribas Mutual Fund is sponsored by BNP Paribas Asset Management Asia Limited, which was previously known as BNP Paribas Investment Partners Asia Limited. BNP Paribas is a banking group based in France and is the eighth largest bank in the world, purely based on the total value of assets. BNP Paribas has operations in 72 countries on six continents.

The bank itself was formed by the merger of two French banks, Banque Nationale de Paris (BNP) and Paribas, in 2000. Both these banks are counted among the oldest banks in the world. In 2020, BNP Paribas was the top-performing bank in the Eurozone and one of the top-performing banks in the world. It has over 2 lakh employees worldwide, and the value of its assets is more than 2 trillion EUR.

The BNP Paribas Mutual Fund offers a total of 17 schemes. Among these, 6 are equity schemes, 7 are debt schemes, and 4 are hybrid schemes. Sharad Sharma served as the CEO of the BNP Paribas Mutual Fund, and it has 4 people on its board of directors.

Important Information

Name of the AMCBNP Paribas Mutual Fund
Incorporation Date4 November 2003
SponsorsBNP Paribas Asset Management Asia Limited (BNP Paribas Investment Partners Asia Limited)
TrusteeBNP Paribas Trustee India Private Limited
Board of DirectorsChandan Bhattacharya Sanjay Sachdev Sharad Sharma Rakesh Vengayil
MD/CEOSharad Sharma
CIOChockalingam Narayanan
AAUMRs. 7707 Cr as of 1 March 2021
AuditorsPrice Waterhouse Chartered Accountants LLP
CustodiansThe Hongkong and Shanghai Banking Corporation Limited
AddressBNP Paribas House, 3/1 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Contact Number022-33704000
Emailcustomer.care@bnpparibasmf.in

1 Minute Hygiene Video About BNP Paribas Mutual Fund

Anand Shah on BNP Paribas India Consumption Fund – YouTube

Best BNP Paribas Mutual Fund Schemes

The BNP Paribas Mutual FUnd might not be as large as many other funds in the market but does have a number of successful schemes. Ten of these are listed below.

1. BNP Paribas Large Cap Fund Direct

The BNP Paribas Large Cap Fund has been among the most successful funds of the last five years. It has a Value Research rating of 4, and investors have realised returns of over 49% in the past year and almost 16% in the last five years, as of 1 March 2021.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 days
Return Since Inception:15.12%
AssetsINR 1027 Crore
Expense Ratio1.04%

*All values as of 1 March 2021

2. BNP Paribas Long Term Equity Direct

The BNP Paribas Long Term Equity Fund is among the best performing equity funds in the BNP Paribas Mutual Fund. It has an AUM of 495 Crore as of 1 March 2021 and has returned 49.42% over the last year and nearly 16% over the last five years.

Minimum InvestmentINR 500
Minimum Additional Investment INR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit LoadNil
Return Since Inception:14.96%
AssetsINR 495 Crore
Expense Ratio1.09%

*All values as of 1 March 2021

3. BNP Paribas Conservative Hybrid Fund Direct

The BNP Paribas Conservative Hybrid Fund is an equity fund that has an AUM of 320 Crore as of 1 March 2021. It has returned more than 10% in the last five years, including nearly 15% in the last year.

Minimum InvestmentINR 1000
Minimum Additional Investment INR 500
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit Load1% for redemption within 180 days; Nil for redemption after 180 days
Return Since Inception:9.94%
AssetsINR 320 Crore
Expense Ratio0.45%

*All values as of 1 March 2021

4. BNP Paribas Short Term Fund Direct

The BNP Paribas Short Term Fund Fund has been an extremely successful fund, and though it is a comparatively small debt fund with an AUM of 342 crore, it has returned nearly 8% in the last five years as of 1 March 2021.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit LoadNil
Return Since Inception:8.52%
AssetsINR 342 Crore
Expense Ratio0.35%

*All values as of 1 March 2021

5. BNP Paribas Low Duration Fund Direct

The BNP Paribas Low Duration Fund is a high-performance debt fund that has among the highest returns for any debt fund in the BNP Paribas Mutual Fund. Since its inception, it has returned over 8% and has accumulated an AUM of over 314 crore as of 1 March 2021.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit LoadNil
Return Since Inception:8.27%
AssetsINR 314 Crore
Expense Ratio0.14%

*All values as of 1 March 2021

6. BNP Paribas Multi Cap Fund

The BNP Paribas Multi Cap Fund is an equity product and has been able to return nearly 15% in the last five years as of 1 March 2021, including over 59% in the last year.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit Load1% for redemption within 90 days; Nil for redemption after 90 days
Return Since Inception:15.47%
AssetsINR 520 Crore
Expense Ratio1.04%

*All values as of 1 March 2021

7. BNP Paribas Midcap Fund

The BNP Paribas Midcap Fund is another equity fund that has performed rather well since its inception and has had a constant rate of return of over 15% a year over the last 5 years, as of 1 March 2021.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 days
Return Since Inception:18.94%
AssetsINR 860 Crore
Expense Ratio0.80%

*All values as of 1 March 2021

8. BNP Paribas Focused 25 Equity Fund

The BNP Paribas Focused 25 Equity Fund has an AUM of nearly 183 Crore as of 1 March 2021. It has had a constant annual rate of return that has been over 9% since its inception.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 days
Return Since Inception:7.31%
AssetsINR 183 Crore
Expense Ratio0.82%

*All values as of 1 March 2021

9. BNP Paribas India Consumption Fund

The BNP Paribas India Consumption Fund is a market-indexed fund with an AUM of nearly 699 crore as of 1 March 2021. Its rate of return has been over 49% over the past year, being a relatively new fund.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 days
Return Since Inception:21.72%
AssetsINR 699 Crore
Expense Ratio0.85%

*All values as of 1 March 2021

10. BNP Paribas Substantial Equity Hybrid Fund

The BNP Paribas Substantial Equity Hybrid Fund invests mostly in equity stocks in the Indian market and has provided a handsome rate of return of over 14% since its inception as of 1 March 2021. It has an AUM of over 537 crore.

Minimum InvestmentINR 5000
Minimum Additional Investment INR 1000
Minimum SIP InvestmentINR 300
Minimum WithdrawalINR 1000
Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 days
Return Since Inception:14.13%
AssetsINR 537 Crore
Expense Ratio0.62%

*All values as of 1 March 2021

How Can You Invest in BNP Paribas Mutual Fund Via EduFund?

The BNP Paribas Mutual Fund can be an efficient tool to ensure that your child gets to study abroad without hassle. Among the many ways that you can invest in the BNP Paribas Mutual Fund, EduFund offers you great insights into the performance of the fund over time. It also puts you in contact with experts in the funding of education abroad, so you can get your doubts resolved and make the best decisions for your child. Here are the steps to follow if you are looking to invest in the BNP Paribas Mutual Fund using EduFund.

  • Download the EduFund app from the App Store or the Google Play Store.
  • Create an account on EduFund.
  • You will be greeted with a page that requires you to entire your ambitions for the education of your children. You can choose to enter the country that you want to send your children to, the level of education that you want your children to pursue abroad, and the major that you want them to undertake while studying abroad.
  • Once you have submitted this information, you can also enter the range of ranks that you want your children’s college to fall in and the type of city you want your children to undertake their education in.
  • Once you have entered and submitted this information, you will receive a list of colleges that match your criteria. This list will also include the mean tuition fees of the target programs in these colleges.
  • Once you have gained an insight into the kind of tuition fees your children’s education will entail, you may choose the BNP Paribas Mutual Fund scheme that you wish to invest in. Every scheme page will also provide you with an insight into the length of time it is likely to take for you to accumulate the target tuition fees using the scheme.
  • Through EduFund, it is also very easy to track the historical performance of the mutual fund scheme that you are targeting. You gain a deep insight into the working of the fund, including risk profile, fund manager, and yields.
  • You can also get your doubts about higher education resolved by expert counsellors that EduFund provides. These counsellors have years of experience in the costs involved in send students to study abroad and can provide great advice regarding the right fund for you.

Leading Fund Managers at BNP Paribas Mutual Fund

With the education of your children abroad being so important to you, it is evident that you would want the money you invest to be handled by experts in the field of finance and investment. In a mutual fund, the key to the success of your investment lies with the fund manager of your scheme. The fund manager determines the allocation of your money across different domains, aiming to minimise risk while maximising returns. Being a fund manager is one of the most important positions a mutual fund employee can attain and comes with great responsibility.

The fund managers of BNP Paribas Mutual Fund are extremely competent individuals who have years of cumulative experience in researching, analysing, and investing in different markets and domains. Here are the top find managers of BNP Paribas Mutual Fund.

Chockalingam Narayanan

Mr Chockalingam Narayanan is one of the most experienced fund managers in any similar-sized mutual fund in India. He has over 15 years of experience and has not just managed funds but also been a research analyst. He continues to play a really important role in the research team of BNP Paribas Mutual Fund, alongside heading the equities team.

Mr Narayanan earned his Post Graduate Diploma in Management from T. A. Pai Management Institute at Manipal. He gained vast experience in the fields of investment research and market analysis working at firms such as Deutsche Equities India Pvt. Ltd. He has also previously worked at Batlivala & Karani Securities.

The total AUM of the schemes managed by Mr Narayanan is Rs. 832 Cr as of 1 March 2021. he manages the BNP Paribas Arbitrage Fund Direct. This scheme has yielded a CAGR of over 6% between 2018 and 2021 and has still managed to retain a low-risk profile.

Abhijeet Dey

Mr Abhijeet Dey is yet another fund manager at BNP Paribas Mutual Fund with rich experience in both investment research and market analysis. He brings to the table almost 20 years of experience in these fields, having worked with several large companies before joining BNP Paribas.

Mr Dey completed his bachelor’s degree in mechanical engineering before moving on to Sydenham Institute of Management & Entrepreneurship Education at Mumbai University for a master’s degree in management studies. He went on to work for India Infoline as an equity research analyst. He then moved to Frost & Sullivan, India, where he was an automotive industry analyst and also served as a part of the Equity Research team at Pioneer Intermediaries. He then went on to become the Vice President of Research at Kotak Asset Management Company, where he tracked the Automotive, Cement and Capital Goods Sectors. In 2011, Mr Dey joined BNP Paribas.

Mr Dey has an AUM of over Rs. 4000 Cr as of 1 March 2021, and manages the BNP Paribas Multi Cap Fund Direct, which yielded a CAGR of over 50% in 2020. Between 2018 and 2021, the CAGR has been 11.48%, while it has been 15.78% between 2016 and 2021. This is among the top multi-cap schemes across all mutual funds in terms of five-year returns.

Karthikraj Lakshmanan

Mr Karthikraj Lakshmanan has great experience in fund management and research, having previously worked for some of the market leaders in the world of finance. He has an experience of more than fifteen years and continues to leverage this experience at BNP Paribas Mutual Fund while managing the largest value of assets.

Mr Lakshmanan completed his graduation in commerce before pursuing a Post Graduate Diploma in Business Management from the S.P. Jain Institute of Management Research at Mumbai. He has also Level 3 of CFA from the CFA Institute in the U.S.A. He initially joined ICICI Bank as a management trainee before moving on to Goldman Sachs Services Pvt. Ltd. as a Business Analyst. he served here for one year and was then a Senior Research Analyst at ICICI Prudential Asset Management Company. He joined BNP Paribas is 2008 and has been there ever since.

Mr Karthikraj Lakshmanan manages assets worth a total of more than Rs. 5400 Cr as of 1 March 2021. He is the manager of the BNP Paribas Substantial Equity Hybrid Fund Direct, which has returned more than 16% CAGR between 2018 and 2021. This fund has been given the top rating by both CRISIL and Value Research. He also manages the BNP Paribas Large Cap Fund Direct, with annual returns of over 15% between 2018 and 2021. This scheme is also highly rated by multiple rating agencies.

Mayank Prakash

Mr Mayank Prakash serves as a fund manager at BNP Paribas Mutual Fund. He has more than ten years of experience and manages a significant proportion of the AAUM of the mutual fund. 

Mr Prakash completed his Associate Chartered Accountant qualification from the Institute of Chartered Accountants of India. He also holds a Master of Business Administration degree from the Institute of Business Management in Kolkata. Mr Mayank Prakash has previously worked at Kotak Mahindra Asset Management Company, where he was a fixed income trader for five years. After this, he was a fund manager in fixed income at the Kotak Mahindra Mutual Fund, in which capacity he served for ten years. Since 2015, Mr Prakash has been a part of the BNP Paribas Mutual Fund.

Mr Mayank Prakash has a total AUM of over Rs. 4600 Cr as of 1 March 2021. He manages the BNP Paribas Substantial Equity Hybrid Fund Direct, which has returned a CAGR of nearly 16.5% between 2018 and 2021 and over 40% in 2020. Additionally, he also a fund manager of the BNP Paribas Arbitrage Fund Direct and the BNP Paribas Liquid Fund Direct.

Vikram Pamnani

Mr Vikram Pamnani has developed rich experience in financial research and management through his professional endeavours. He has more than a decade’s worth of experience and uses this experience to manage multiple schemes at BNP Paribas Mutual Fund.

Mr Vikram Pamnani completed his bachelor’s degree in Business Administration and Management from SIES College Of Commerce & Economics in Mumbai. He then went on to earn a Master of Business Administration Degree from SIES College of Management Studies. He worked as an Executive at Deutsche Bank for two years before becoming a dealer in fixed income at Canara Robeco Asset Management Company Ltd. He was then a fund manager at Essel Finance Asset Management Company Ltd, before joining BNP Paribas in 2017.

Mr Pamnani manages a total AUM of over Rs. 2200 Cr as of 1 March 2021. He is the manager of the BNP Paribas Liquid Fund Direct, which has returned over 6% CAGR between 2016 and 2021. He also manages the BNP Paribas Overnight Fund Direct, which is one of the latest schemes launched by the AMC. This scheme returned over 3% in 2020 while retaining a low-risk profile. This is one of the best performing overnight schemes across mutual funds.

Why Should You Invest in BNP Paribas Mutual Fund?

Saving up for the education of your children is one of the most important decisions you take in your life. Substantial portions of your income can go into ensuring that your kids’ study at the best educational institutions in the world. The tuition fees of these institutions are often extremely high and have only been rising in the past years. Running into thousands of dollars annually, the costs involved when you add tuition and living expenses can often be beyond reach through common savings. This is why it is extremely important to start saving for your kids’ future early on in life.

The BNP Paribas Mutual Fund, despite not being the largest fund in the market, is extremely stable and capable of providing great returns over the long term. The fund is sponsored by BNP Paribas, which is one of the largest banks in the world. With a total asset value of over 2 trillion EUR, BNP Paribas is extremely stable and serves millions of customers, with millions more being added by the year. With a presence in more than 70 countries and on every continent except Antarctica, BNP Paribas is a name recognised worldwide for its commitment to its customers. The roots of BNP Paribas lie in banks that are more than 125 years old – the fact that it has lasted this long is a testament to its consistency.

There are various factors thanks to which the BNP Paribas Mutual Fund is trusted by thousands of Indians. Over the past few years, this mutual fund has shown incredible consistency in returns. Whether over the short term or the long term, an investment in the BNP Paribas Mutual Fund has meant a promise of decent returns. When you invest in a mutual fund for the education of your children, the least you expect is that there will be decent returns, enough to accumulate the exorbitant tuition fees required. Investing in the BNP Paribas Mutual Fund can ensure such returns and a bright future for your children.

The fund managers aren’t the only employees of the mutual fund that investors need to worry about. The first contact of prospective customers happens with fund advisors in local BNP Paribas branches. These fund advisors are extremely competent and capable of providing you with the right advice for your target returns. Once you have communicated the motive of your investment to the advisors, they will make sure they come up with the scheme that best matches your needs. You can rely on BNP Paribas Mutual Fund advisors to recommend the right scheme for you.

Just as you want to ensure the best of education for your children, you must expect the best of services from your mutual fund. BNP Paribas has built a global reputation for providing rich returns to its customers, and its India operations are no exception. Through an investment in the BNP Paribas Mutual Fund, you can compound your wealth manifold in the shortest of time periods, collecting enough to send your children to the college of their choice. While investing in mutual funds, be wary of the risks they carry and the market situation, and you shall reap rich benefits in no time!

Invest in BNP Paribas Mutual Fund Using EduFund

There are several reasons that thousands of people choose to invest in mutual funds when it comes to the education of their children. When you choose the right mutual fund with a target in mind, you ensure constant yields over a sustained period of time. If you start investing early, by the time your child is of age, you can potentially have enough money to ensure that education abroad is no longer a far-off dream. When you invest in mutual funds, you also ensure that your money is in the hands of competent professionals who have years of investing experience. They are best placed to ensure that your money yields a significant return over a period of time.

EduFund provides you access to customer-friendly counsellors with years of experience in education financing. Additionally, you need no technical expertise to invest using EduFund and the process of investment takes no more than a few minutes. Transactions are completely safe and secure, following international standards.

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