NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Baroda BNP Paribas Innovation Fund - Growth for NRI [12.08]

Min Investment

1,000

Fund Size

861.96 Cr

Expense Ratio

2.3%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

12.08

-0.49%

NAV as on 06 Mar 26, 12:00 AM

very high risk

equity other

equity

NAV as on 06 Mar 26, 12:00 AM

very high risk

equity other

equity

13.51%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

9.88%p.a.

Since Inception

About Baroda BNP Paribas Innovation Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas Innovation Fund - Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Mar 2024, Baroda BNP Paribas Innovation Fund - Growth is Equity - Other fund of its category with 861.96 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Baroda BNP Paribas Innovation Fund - Growth delivered 13.5% annual returns during the last year. It has delivered 9.9% average annual returns since the fund was launched.
  • Baroda BNP Paribas Innovation Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the scheme is to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Top 10 Holdings

HEXAWARE TECHNOLOGIES LIMITED EQ NEW FV RS.2/-

0.97%

Net Payables

-0.93%

Others CBLO

1.34%

364 Days T Bill - 10.07.2025

0.99%

3M India Ltd

2.50%

Linde India Ltd

4.03%

Bajaj Finance Ltd

2.48%

Bharti Airtel Ltd

3.61%

Bosch Ltd

1.92%

Cummins India Ltd

2.66%

Fund Managers

  1. Pratish Krishnan (Feb 2024 - Present)
  2. Miten Vora (Feb 2024 - Present)
  3. Ankeet Pandya (Jan 2025 - Present)

Key Information

View Scheme Document

Baroda BNP Paribas Innovation Fund - Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Baroda BNP Paribas Innovation Fund - Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Baroda BNP Paribas Innovation Fund - Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Baroda BNP Paribas Innovation Fund - Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions