Baroda BNP Paribas Aqua Fund of Fund
FoF Overseas · Baroda BNP Paribas Asset Management India Private Limited
Among the 156 funds in its category, most others have grown money faster than this one. ₹1 lakh invested 3 years ago would be about ₹1.5 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹4.5 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹82,270. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Baroda BNP Paribas Aqua Fund of Fund is a FoF Overseas fund from Baroda BNP Paribas Asset Management India Private Limited. It has a track record of about 4.5 years. As of the latest data it carries an RS rating of 21/99 (its recent momentum versus category peers) and a King Score of 48/100 (a long-term quality composite). The current NAV is ₹16.0 (as of 2026-09-16).
Growth of ₹100 - last 5 years
Baroda BNP Paribas Aqua Fund of Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -5.07% | -2.26% |
| 3 months | -1.74% | -1.03% |
| 6 months | 3.91% | 11.75% |
| 1 year | 9.45% | 24.53% |
| 3 years (CAGR) | 14.12% | 23.16% |
Its trailing one-year return is 9.45%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Baroda BNP Paribas Aqu | Benchmark |
|---|---|---|
| 2023 | +22.0% | +25.8% |
| 2024 | +2.3% | +15.2% |
| 2025 | +19.2% | +6.7% |
| 2026 | +9.2% | -5.8% |
Baroda BNP Paribas Aqua Fund of Fund beat its benchmark in 2 of the last 4 calendar years. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Baroda BNP Paribas Aqua Fund of Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹445,321 | 12.43% |
Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹445,321 - an XIRR of 12.43%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -17.73% | -29.92% |
| Worst drawdown (3Y) | -14.85% | -18.62% |
| Volatility (1Y) | 20.24% | 23.2% |
| Sharpe (3Y) | 0.47 | 0.77 |
| Sortino (3Y) | 0.86 | 1.47 |
| Beta (3Y) | 0.38 | 0.31 |
| Alpha (3Y) | 7.79% | 15.72% |
| Up capture | 52.5% | 63.19% |
| Down capture | 21.5% | 15.34% |
| Bull-market return | 17.8% | 22.11% |
| Bear-market return | 2.4% | -0.02% |
Timing matters more than people admit: the best possible 1-year stretch in Baroda BNP Paribas Aqua Fund of Fund (starting 2025-04-08) gained 37.3%, while the worst (starting 2024-04-05) lost 8.3%. The worst peak-to-bottom fall Baroda BNP Paribas Aqua Fund of Fund has ever put investors through is -17.73% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 2.4% annualised, versus 17.8% in rising markets. It has captured roughly 52.5% of its benchmark's up-moves and 21.5% of its down-moves.
How Baroda BNP Paribas Aqua Fund of Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Baroda BNP Paribas Aqua Fund of Fund has historically returned about 2.4% annualised, versus roughly 17.8% when the market is rising. Its deepest fall on record is -17.73%. Right now it sits about 5.87% below its all-time high (last hit 2026-08-06). The real question isn't the average year - it's whether you could hold on through the worst one.
How Baroda BNP Paribas Aqua Fund of Fund ranks in its category
Percentile versus its ~156 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 14.3% |
| 3Y windows positive | 100.0% |
| Worst 3Y window | 6.24% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Baroda BNP Paribas Aqua Fund of Fund returned a median of 14.3% a year, and 100.0% of those windows were positive.
Who manages Baroda BNP Paribas Aqua Fund of Fund - and how good are they?
Baroda BNP Paribas Aqua Fund of Fund is managed by Swapna Shelar and Stuti Singhee. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Swapna Shelar's full record
Swapna Shelar currently runs 2 funds, across FoF Domestic, FoF Overseas, with about ₹245 Cr under management. The book's average King Score is 48.0/100. This fund is the highest-scored fund they run (King 48/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Baroda BNP Paribas Aqua Fund of Fund (this page) | 21 | 48 | -1.7% | 3.9% | 9.4% | 14.1% | n/a | n/a | 0.47 | 14.3% | -17.7% |
| 2 | Baroda BNP Paribas Gold ETF Fund of Funds | 76 | n/a | 0.4% | -2.5% | 35.9% | n/a | n/a | n/a | n/a | n/a | -16.4% |
Stuti Singhee's full record
Stuti Singhee currently runs 2 funds, across FoF Domestic, FoF Overseas, with about ₹245 Cr under management. The book's average King Score is 48.0/100. This fund is the highest-scored fund they run (King 48/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Baroda BNP Paribas Aqua Fund of Fund (this page) | 21 | 48 | -1.7% | 3.9% | 9.4% | 14.1% | n/a | n/a | 0.47 | 14.3% | -17.7% |
| 2 | Baroda BNP Paribas Gold ETF Fund of Funds | 76 | n/a | 0.4% | -2.5% | 35.9% | n/a | n/a | n/a | n/a | n/a | -16.4% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.51% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹40 Cr |
| Age | 4.5 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Baroda BNP Paribas Aqua Fund of Fund compares to peers
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Baroda BNP Paribas Aqua Fund of Fund review: the bottom line
Related
Frequently asked questions
Is Baroda BNP Paribas Aqua Fund of Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Baroda BNP Paribas Aqua Fund of Fund scores 48/100 on our King Score and RS 21/99 within its category, has compounded 14.12% a year over three years, and its worst drawdown was -17.73%. Compare those against your needs and the peer table above.
What is the NAV of Baroda BNP Paribas Aqua Fund of Fund today?
The latest NAV is ₹16.0 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Baroda BNP Paribas Aqua Fund of Fund?
The Direct-plan expense ratio is 0.51% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Baroda BNP Paribas Aqua Fund of Fund?
Baroda BNP Paribas Aqua Fund of Fund is managed by Swapna Shelar; Stuti Singhee.
Is Baroda BNP Paribas Aqua Fund of Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -17.73% - ₹1 lakh briefly becoming about ₹82,270. As a international fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Baroda BNP Paribas Aqua Fund of Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹4.5 lakh (XIRR 12.43%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Baroda BNP Paribas Aqua Fund of Fund?
A ₹10,000/month SIP over 3 years would have grown to about ₹445,321 (an XIRR of 12.43%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does Baroda BNP Paribas Aqua Fund of Fund rank among similar funds?
On 3-year returns it sits around the 18th percentile of its category, and its consistency ranks 80th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is Baroda BNP Paribas Aqua Fund of Fund tax-efficient / what about capital gains?
As a international fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Baroda BNP Paribas Aqua Fund of Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.