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Baroda BNP Paribas Asset Management India Pvt. Ltd. today announced a dual milestone for its Baroda BNP Paribas Large and Midcap Fund. The scheme, which completes five years of wealth creation, has crossed Rs.1,500 crore in assets under management (AUM), underlining investor confidence in its ability to deliver the brand promise of ‘Together for more’ by creating wealth for investors.

Strong Performance Track Record

The scheme, managed by Sanjay Chawla, Chief Investment Officer – Equity, and Kirtan Mehta, Senior Analyst, has consistently outperformed its benchmark. Over the past three years, the scheme delivered a 17.08% return, compared to 13.9% by the benchmark BSE 250 Large & Midcap TRI. Since inception, the fund has appreciated 21.23%, against the benchmark’s 19.82%. A sum of Rs.100,000 invested at inception would have more than doubled to Rs.274,803.0 as of October 31, 2025. Similarly, a monthly SIP of Rs.10,000 in the fund since inception would have grown to Rs.9.61 lakh, highlighting its effectiveness as a long-term wealth creation tool.

Balanced Approach: Large and Midcaps

The Baroda BNP Paribas Large and Midcap Fund invests at least 35% each in large-cap and mid-cap companies, building a diversified portfolio of 40–60 stocks drawn from the 250 companies in this segment. As of October 2025, the portfolio allocation included:

* A little over 50% in large-cap stocks

* 45.4% in mid- and small-cap stocks

This mix of stocks across market capitalisations, helps capture the stability of established leaders while tapping into the growth potential of emerging businesses.

By pairing established large caps with high-growth midcaps, the fund offers investors a portfolio designed for long-term capital appreciation through a combination of resilience and growth.

Sectoral Strategy and Outlook

In October 2025, the key overweight positions were consumer discretionary, information technology, and financials, while key underweight positions were materials, utilities, and consumer staples. The fund managers remain positive on consumer discretionary sector on account of strong demand during the festive season, led by GST rate cuts. The Baroda BNP Paribas Large and Midcap Fund however has a cautious view on the materials sector stemming from oversupply pressures triggered by US tariffs, impacting global commodity markets.

With its fifth anniversary, strong track record, and robust AUM growth, Baroda BNP Paribas Large and Midcap Fund reinforces its positioning as a trusted choice for investors seeking balanced equity exposure to India’s multi decadal growth story.

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