Baroda BNP Paribas Banking and Financial Services Fund vs Kotak Banking and Financial Services Fund
Baroda BNP Paribas Banking and Financial Services Fund and Kotak Banking and Financial Services Fund are both Banking & Financial Services Funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +14.98% vs +14.16%, 5-year CAGR +10.91% vs —, volatility 16.37% vs 16.87%, maximum drawdown −42.79% vs −16.70%. Their portfolios overlap by 64.8% (23 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | Banking & Financial Services Funds | Banking & Financial Services Funds |
| NAV | ₹55.9894 | ₹17.1130 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 2 Jan 2013 | 6 Mar 2023 |
| Track record | 13.8 yrs | 3.7 yrs |
| Fund size (AUM) | ₹516 Cr | ₹1,448 Cr |
| Securities held | 38 | 35 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| 1 month | +3.36% | +4.99% |
| 3 months | −2.51% | −2.48% |
| 6 months | +2.04% | +1.18% |
| 1 year | +1.03% | +3.12% |
| 3 years (CAGR) | +14.98% | +14.16% |
| 5 years (CAGR) | +10.91% | — |
| 7 years (CAGR) | +11.65% | — |
| 10 years (CAGR) | +12.25% | — |
| Since launch (CAGR) | +11.65% | +15.59% |
| SIP return (XIRR, 5 years) ⓘ | +12.44% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| 2026 (year to date) | −0.63% | +1.27% |
| 2025 | +16.30% | +15.92% |
| 2024 | +14.00% | +14.11% |
| 2023 | +21.84% | — |
| 2022 | +16.70% | — |
| 2021 | +8.97% | — |
Risk
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.37% | 16.87% |
| Downside volatility ⓘ | 11.16% | 11.32% |
| Sharpe ratio ⓘ | 0.52 | 0.46 |
| Sortino ratio ⓘ | 0.76 | 0.68 |
| Maximum drawdown ⓘ | −42.79% | −16.70% |
| Recovery from that fall | 9 months | — |
| Current fall from peak | −3.51% | −2.82% |
| Rolling 1-year return: worst | −37.23% | −6.51% |
| Rolling 1-year return: median | +13.41% | +13.84% |
| Rolling 1-year return: best | +90.59% | +32.63% |
| Share of 1-year periods with a loss | 19.58% | 3.03% |
Against each fund's benchmark
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| Beta ⓘ | 0.95 | 0.96 |
| Alpha (Jensen's, annualised) ⓘ | +2.80% | +1.87% |
| R² ⓘ | 82.20 | 82.70 |
| Upside capture | 105.02% | 102.90% |
| Downside capture | 91.52% | 93.65% |
| Tracking error | 6.99% | 6.93% |
| Information ratio | 0.39 | 0.25 |
| Treynor ratio | 6.70 | 5.60 |
Portfolio
Asset mix
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| Equity | 96.44% | 98.81% |
| Cash & equivalents | 2.61% | 1.19% |
| Debt | 0.95% | 0.00% |
Market-cap split (share of fund assets)
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| Large Cap | 54.72% | 65.25% |
| Mid Cap | 21.83% | 14.88% |
| Small Cap | 15.89% | 16.09% |
| Unclassified | 4.00% | 2.59% |
Concentration
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| Top 10 holdings | 52.69% | 61.73% |
| Effective number of stocks ⓘ | 25.3 | 17.5 |
| Securities held | 38 | 35 |
Portfolio overlap: 64.8%
23 companies are held by both funds; by weight, 64.8% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services |
|---|---|---|
| ICICI Bank Limited | 9.22% | 12.67% |
| State Bank of India | 6.99% | 8.31% |
| HDFC Bank Limited | 6.25% | 11.28% |
| Axis Bank Limited | 5.89% | 7.36% |
| Bajaj Finance Limited | 5.08% | 6.04% |
| Shriram Finance Limited | 3.85% | 4.83% |
| Kotak Mahindra Bank Limited | 5.45% | 3.69% |
| Cholamandalam Investment and Finance Company Ltd | 2.55% | 2.52% |
| IndusInd Bank Limited | 2.53% | 2.51% |
| Ujjivan Small Finance Bank Limited | 2.88% | 2.40% |
| Karur Vysya Bank Limited | 2.61% | 2.32% |
| BSE Limited | 2.45% | 2.11% |
| RBL Bank Limited | 2.15% | 1.76% |
| SBI Life Insurance Company Limited | 1.64% | 1.86% |
| The Jammu & Kashmir Bank Limited | 1.29% | 1.99% |
Top 10 holdings
Baroda BNP Paribas Banking and Financial Services
- ICICI Bank Limited9.22%
- State Bank of India6.99%
- HDFC Bank Limited6.25%
- Axis Bank Limited5.89%
- Kotak Mahindra Bank Limited5.45%
- Bajaj Finance Limited5.08%
- Shriram Finance Limited3.85%
- Multi Commodity Exchange of India Limited3.58%
- One 97 Communications Limited3.27%
- PNB Housing Finance Limited3.11%
Kotak Banking and Financial Services
- ICICI Bank Limited12.67%
- HDFC Bank Limited11.28%
- State Bank of India8.31%
- Axis Bank Limited7.36%
- Bajaj Finance Limited6.04%
- Shriram Finance Limited4.83%
- Kotak Mahindra Bank Limited3.69%
- Cholamandalam Investment and Finance Company Ltd2.52%
- Poonawalla Fincorp Limited2.52%
- IndusInd Bank Limited2.51%
Sector exposure
| Baroda BNP Paribas Banking and Financial Services | Kotak Banking and Financial Services | |
|---|---|---|
| Banks | 51.73% | 60.03% |
| Finance | 20.98% | 21.38% |
| Capital Markets | 12.63% | 11.72% |
| Financial Technology (Fintech) | 7.92% | 2.98% |
| Insurance | 3.18% | 2.70% |
| Sovereign | 0.95% | 0.00% |
Questions people ask
What is the difference between Baroda BNP Paribas Banking and Financial Services and Kotak Banking and Financial Services returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +1.03% vs +3.12%; 3-year CAGR +14.98% vs +14.16%; 5-year CAGR +10.91% vs —; 10-year CAGR +12.25% vs —. Past returns do not indicate future returns.
How do Baroda BNP Paribas Banking and Financial Services and Kotak Banking and Financial Services compare on risk?
Volatility (36 monthly returns, annualised) 16.37% vs 16.87%; Sharpe ratio 0.52 vs 0.46; Sortino ratio 0.76 vs 0.68; maximum drawdown −42.79% vs −16.70%; beta 0.95 vs 0.96.
How much do Baroda BNP Paribas Banking and Financial Services and Kotak Banking and Financial Services overlap?
By weight, 64.8% of the two portfolios is invested in the same companies; 23 stocks are held by both, the largest shared positions being ICICI Bank Limited, State Bank of India, HDFC Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Baroda BNP Paribas Banking and Financial Services and Kotak Banking and Financial Services?
Baroda BNP Paribas Banking and Financial Services: large cap 54.7%, mid cap 21.8%, small cap 15.9%. Kotak Banking and Financial Services: large cap 65.3%, mid cap 14.9%, small cap 16.1% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.