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
- 17.0807
- 4 Nov 2026
- 1Y
- +1.7%
- 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 4 Nov 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 · Three-year return is above the category median.
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
1.09% 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 · 0.4 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+1.7%
- 3Y+13.4%
- 5Y+11.0%
- 10Yn/a
- SI+11.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.4%
- 3Y+4.9%
- 5Y+10.9%
- 10Yn/a
- Since inception
- +11.0%
- Calendar-day CAGR
- Excess 1Y
- +2.4%
- Category median, same plan and option
- 3Y win rate
- +49%
- Windows beating the median
- 3Y percentile
- 60
- Vs comparable share classes
- SIP 3Y XIRR
- +4.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +11.4%
- 523 daily-ending windows
- Median rolling 3Y
- +17.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 31 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
- -4.4%
- Below last peak
- Current spell
- 772 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
60
Vs category
65
Consistency
44
Risk-adjusted
46
Drawdown
49
Mean
53
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
- Three-year return is above the category median.
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
- +4.3%
- 3Y
- +16.9%
- Vol
- 12.7%
- Max DD
- -18.4%
- Sharpe
- 0.77
- 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
- -5.0%
- 3Y
- +11.4%
- Vol
- 12.6%
- Max DD
- -16.7%
- Sharpe
- 0.61
- 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
- +17.8%
- 3Y
- n/a
- Vol
- 17.3%
- 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
Aditya Birla Sun Life Transportation and Logistics Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +13.4%
- 3Y
- n/a
- Vol
- 18.2%
- Max DD
- -28.2%
- Sharpe
- 0.83
- 3Y win
- n/a
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI Prudential Commodities Fund
ICICI Prudential Mutual Fund
- 1Y
- +1.7%
- 3Y
- +15.7%
- Vol
- 23.0%
- Max DD
- -41.2%
- Sharpe
- 0.86
- 3Y win
- +90%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown