Baroda BNP Paribas Mid Cap Fund vs Nippon India Growth Mid Cap Fund
Baroda BNP Paribas Mid Cap Fund and Nippon India Growth Mid Cap Fund are both Mid Cap funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +15.86% vs +16.92%, 5-year CAGR — vs +16.24%, volatility 15.62% vs 17.63%, maximum drawdown −18.64% vs −35.32%. Their portfolios overlap by 36.7% (35 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 Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Nippon India Mutual Fund |
| Compared as | Mid Cap | Mid Cap |
| NAV | ₹129.4051 | ₹4,767.8949 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 14 Mar 2022 | 2 Jan 2013 |
| Track record | 4.6 yrs | 13.8 yrs |
| Fund size (AUM) | ₹2,503 Cr | ₹50,176 Cr |
| Securities held | 77 | 101 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| 1 month | +1.20% | +0.25% |
| 3 months | −5.31% | −5.44% |
| 6 months | −1.77% | −1.78% |
| 1 year | +3.05% | +1.82% |
| 3 years (CAGR) | +15.86% | +16.92% |
| 5 years (CAGR) | — | +16.24% |
| 7 years (CAGR) | — | +22.34% |
| 10 years (CAGR) | — | +17.78% |
| Since launch (CAGR) | +16.60% | +17.58% |
| SIP return (XIRR, 5 years) ⓘ | — | +16.14% |
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 Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| 2026 (year to date) | +3.06% | +2.65% |
| 2025 | +3.93% | +4.45% |
| 2024 | +30.45% | +27.93% |
| 2023 | +34.54% | +49.76% |
| 2022 | — | +6.67% |
| 2021 | — | +47.56% |
Risk
| Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.62% | 17.63% |
| Downside volatility ⓘ | 10.73% | 11.73% |
| Sharpe ratio ⓘ | 0.60 | 0.59 |
| Sortino ratio ⓘ | 0.87 | 0.89 |
| Maximum drawdown ⓘ | −18.64% | −35.32% |
| Recovery from that fall | 9 months | 7 months |
| Current fall from peak | −6.03% | −6.15% |
| Rolling 1-year return: worst | −5.52% | −27.61% |
| Rolling 1-year return: median | +16.15% | +15.40% |
| Rolling 1-year return: best | +58.52% | +96.36% |
| Share of 1-year periods with a loss | 6.91% | 13.68% |
Against each fund's benchmark
| Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| Beta ⓘ | 0.86 | 0.97 |
| Alpha (Jensen's, annualised) ⓘ | +1.39% | +1.65% |
| R² ⓘ | 96.20 | 95.44 |
| Upside capture | 89.61% | 101.49% |
| Downside capture | 79.75% | 94.74% |
| Tracking error | 4.08% | 3.94% |
| Information ratio | 0.14 | 0.41 |
| Treynor ratio | 10.30 | 10.17 |
Portfolio
Asset mix
| Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| Equity | 97.93% | 99.02% |
| Cash & equivalents | 1.28% | 0.98% |
| Debt | 0.79% | 0.00% |
Market-cap split (share of fund assets)
| Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| Large Cap | 12.28% | 21.54% |
| Mid Cap | 69.40% | 65.87% |
| Small Cap | 14.19% | 11.54% |
| Unclassified | 2.06% | 0.07% |
Concentration
| Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| Top 10 holdings | 21.59% | 24.77% |
| Effective number of stocks ⓘ | 69.1 | 69.8 |
| Securities held | 77 | 101 |
Portfolio overlap: 36.7%
35 companies are held by both funds; by weight, 36.7% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap |
|---|---|---|
| GE Vernova T&D India Limited | 2.10% | 2.01% |
| One 97 Communications Limited | 1.92% | 2.04% |
| Multi Commodity Exchange of India Limited | 1.91% | 3.22% |
| AU Small Finance Bank Limited | 1.82% | 2.84% |
| Persistent Systems Limited | 1.69% | 1.73% |
| BSE Limited | 1.61% | 2.40% |
| Bharat Forge Limited | 1.46% | 1.96% |
| Bharat Heavy Electricals Limited | 3.32% | 1.41% |
| Fortis Healthcare Limited | 1.40% | 2.53% |
| Max Financial Services Limited | 1.40% | 1.34% |
| IPCA Laboratories Limited | 2.23% | 1.19% |
| Mankind Pharma Limited | 1.19% | 1.95% |
| ICICI Lombard General Insurance Company Limited | 1.19% | 2.06% |
| Ashok Leyland Limited | 1.53% | 1.14% |
| Alkem Laboratories Limited | 1.09% | 1.27% |
Top 10 holdings
Baroda BNP Paribas Mid Cap
- Bharat Heavy Electricals Limited3.32%
- Indian Bank2.25%
- IPCA Laboratories Limited2.23%
- Acutaas Chemicals Limited2.14%
- GE Vernova T&D India Limited2.10%
- Ujjivan Small Finance Bank Limited1.97%
- The Phoenix Mills Limited1.93%
- One 97 Communications Limited1.92%
- Multi Commodity Exchange of India Limited1.91%
- Hindustan Petroleum Corporation Limited1.82%
Nippon India Growth Mid Cap
- Multi Commodity Exchange of India Limited3.22%
- AU Small Finance Bank Limited2.84%
- The Federal Bank Limited2.59%
- Info Edge (India) Limited2.55%
- Fortis Healthcare Limited2.53%
- Eternal Limited2.42%
- BSE Limited2.40%
- REC Limited2.12%
- ICICI Lombard General Insurance Company Limited2.06%
- One 97 Communications Limited2.04%
Sector exposure
| Baroda BNP Paribas Mid Cap | Nippon India Growth Mid Cap | |
|---|---|---|
| Banks | 11.66% | 10.01% |
| Pharmaceuticals & Biotechnology | 9.91% | 7.67% |
| Auto Components | 8.19% | 8.55% |
| Retailing | 2.46% | 8.38% |
| Finance | 5.01% | 8.01% |
| Capital Markets | 6.06% | 7.30% |
| Electrical Equipment | 6.89% | 5.13% |
| Industrial Products | 2.01% | 5.09% |
| IT - Software | 4.65% | 2.23% |
| Consumer Durables | 1.38% | 4.20% |
| Power | 3.64% | 4.15% |
| Financial Technology (Fintech) | 4.02% | 2.04% |
| Healthcare Services | 3.54% | 3.99% |
| Leisure Services | 0.66% | 3.57% |
Questions people ask
What is the difference between Baroda BNP Paribas Mid Cap and Nippon India Growth Mid Cap returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +3.05% vs +1.82%; 3-year CAGR +15.86% vs +16.92%; 5-year CAGR — vs +16.24%; 10-year CAGR — vs +17.78%. Past returns do not indicate future returns.
How do Baroda BNP Paribas Mid Cap and Nippon India Growth Mid Cap compare on risk?
Volatility (36 monthly returns, annualised) 15.62% vs 17.63%; Sharpe ratio 0.60 vs 0.59; Sortino ratio 0.87 vs 0.89; maximum drawdown −18.64% vs −35.32%; beta 0.86 vs 0.97.
How much do Baroda BNP Paribas Mid Cap and Nippon India Growth Mid Cap overlap?
By weight, 36.7% of the two portfolios is invested in the same companies; 35 stocks are held by both, the largest shared positions being GE Vernova T&D India Limited, One 97 Communications Limited, Multi Commodity Exchange of India 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 Mid Cap and Nippon India Growth Mid Cap?
Baroda BNP Paribas Mid Cap: large cap 12.3%, mid cap 69.4%, small cap 14.2%. Nippon India Growth Mid Cap: large cap 21.5%, mid cap 65.9%, small cap 11.5% (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.
More comparisons
Baroda BNP Paribas Mid Cap vs
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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 4 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.