MF Gyan
sectorHigh risk5 years oldSteady vs its 3-year pace

Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Baroda BNP Paribas Mutual Fund. It's been running since 21 Sep 2021.

Latest price per unit
₹17.3904
▼ 0.20% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.07 L
▲ ₹6.6k gain · 6.6% / year
Invested 3 years ago
₹1.50 L
▲ ₹49.5k gain · 14.3% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.00 L
Gain / loss+₹19.6k
XIRR (annualised)7.17%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.01 L
Projected gain*+₹21.4k
*at this fund's historical rate of 7.17% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 363 other funds in Equity Scheme - Sectoral/ Thematic

Same plan
1-year return
6.64%median 6.47% (+0.17%)
Rank #163 of 364Beats 51% of peers
3-year return
14.35%median 13.41% (+0.93%)
Rank #99 of 364Beats 55% of peers
Bumpiness (3Y)
13.70%median 15.58% (-1.88%)
Rank #80 of 364Less risky than 78% of peers
Worst-ever drop
-20.27%median -25.21% (+4.94%)
Rank #246 of 364Less risky than 33% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 6 years were positive.

+0%
2021
+2%
2022
+32%
2023
+22%
2024
+2%
2025
+1%
2026
Best year
2023 · 32.03%
Worst year
2021 · 0.10%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
13.7%

The value swings roughly 14% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-20.27%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option against other sector funds.

Technical details (for the pros)
CAGR — 1 year6.64%
CAGR — 3 years14.35%
CAGR — 5 years—
CAGR — since launch11.78%
Volatility — 1 year (annualised)12.78%
Volatility — 3 years (annualised)13.70%
Max drawdown — 1 year-13.22%
Max drawdown — 3 years-20.27%
Sharpe ratio — 1 year (rf=6%)0.05
Sharpe ratio — 3 years (rf=6%)0.56

Fund info

Fund house
Baroda BNP Paribas Mutual Fund
Category
Equity Scheme - Sectoral/ Thematic
Plan
Direct
Option
Growth
ISIN (Growth)
INF955L01KK1
ISIN (Div re-invest)
—
Fund code
149141
First price on record
21 Sep 2021 · 1,223 daily prices

About Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option

Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option is a Equity Scheme - Sectoral/ Thematic offered by Baroda BNP Paribas Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option is ₹17.3904 (as of 4 Sep 2026). Historically, it has delivered 6.63% over the last year, 14.35% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 13.7% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 20.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option?+

The latest NAV of Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option is ₹17.3904 as of 4 Sep 2026, down 0.20% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option?+

Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option has delivered 1-year return 6.63%, 3-year CAGR 14.35%, since-inception CAGR 11.78%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option belong to?+

Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option is categorised as Equity Scheme - Sectoral/ Thematic. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 13.7%, Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option a direct plan?+

Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option?+

Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth Option has NAV history available from 21 Sep 2021 — approximately 5 years of track record and 1,223 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.