MF Gyan
sectorHigh risk5 years oldCooling recently (last 6m ≈ -4% p.a.)

Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW 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
₹14.5285
▼ 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
₹97.6k
▼ ₹2.4k loss · -2.4% / year
Invested 3 years ago
₹1.25 L
▲ ₹24.9k gain · 7.7% / 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₹1.77 L
Gain / loss-₹3.0k
XIRR (annualised)-1.15%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.77 L
Projected gain*+-₹3.1k
*at this fund's historical rate of -1.15% 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
-2.36%median 6.52% (-8.88%)
Rank #276 of 364Beats 17% of peers
3-year return
7.70%median 13.63% (-5.93%)
Rank #182 of 364Beats 16% of peers
Bumpiness (3Y)
16.12%median 15.55% (+0.57%)
Rank #218 of 364Less risky than 40% of peers
Worst-ever drop
-29.61%median -25.20% (-4.41%)
Rank #143 of 364Less risky than 61% 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. 4 of last 6 years were positive.

+0%
2021
+2%
2022
+32%
2023
+22%
2024
-7%
2025
-7%
2026
Best year
2023 · 32.03%
Worst year
2026 · -7.08%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
16.1%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-29.61%

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 - IDCW Option against other sector funds.

Technical details (for the pros)
CAGR — 1 year-2.36%
CAGR — 3 years7.70%
CAGR — 5 years—
CAGR — since launch7.79%
Volatility — 1 year (annualised)16.88%
Volatility — 3 years (annualised)16.12%
Max drawdown — 1 year-20.54%
Max drawdown — 3 years-29.61%
Sharpe ratio — 1 year (rf=6%)-0.50
Sharpe ratio — 3 years (rf=6%)0.10

Fund info

Fund house
Baroda BNP Paribas Mutual Fund
Category
Equity Scheme - Sectoral/ Thematic
Plan
Direct
Option
IDCW
ISIN (Growth)
INF955L01KL9
ISIN (Div re-invest)
INF955L01KM7
Fund code
149143
First price on record
21 Sep 2021 · 1,223 daily prices

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

Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW Option is a Equity Scheme - Sectoral/ Thematic offered by Baroda BNP Paribas Mutual Fund under the Direct plan with the IDCW 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 - IDCW Option is ₹14.5285 (as of 4 Sep 2026). Historically, it has delivered -2.36% over the last year, 7.70% 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 16.1% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 29.6%. 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 - IDCW Option?+

The latest NAV of Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW Option is ₹14.5285 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 - IDCW Option?+

Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW Option has delivered 1-year return -2.36%, 3-year CAGR 7.70%, since-inception CAGR 7.79%. Returns are historical and don't predict future performance — markets move in cycles.

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

Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW 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 - IDCW Option?+

Based on its 3-year annualised volatility of 16.1%, Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW 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 - IDCW Option a direct plan?+

Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

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

Baroda BNP Paribas Business Cycle Fund - Direct Plan - IDCW 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.