Baroda BNP Paribas Energy Opportunities Fund vs ICICI Prudential Energy Opportunities Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Energy Opportunities Fund is a Thematic fund and ICICI Prudential Energy Opportunities Fund is a Thematic fund. In the year to 30-10-2026, Baroda BNP Paribas Energy Opportunities Fund (Direct) returned −7.4% and ICICI Prudential Energy Opportunities Fund (Direct) returned 0.2%. Baroda BNP Paribas Energy Opportunities Fund charges 1.55% a year and ICICI Prudential Energy Opportunities Fund 1.11% (Direct plans). Their portfolios overlap 49.9%: they hold 30 of the same securities.
Baroda BNP Paribas Energy Opportunities Fund
Thematic
- 1 year return
- −7.4%
- Expense ratio
- 1.55%
- NAV
- ₹10.92
ICICI Prudential Energy Opportunities Fund
Thematic
- 1 year return
- 0.2%
- Expense ratio
- 1.11%
- NAV
- ₹10.81
Which is better, Baroda BNP Paribas Energy Opportunities or ICICI Prudential Energy Opportunities? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Energy Opportunities returned more over 1 year: 0.2% against −7.4%.
- ICICI Prudential Energy Opportunities costs less: 1.11% a year against 1.55% (Direct plans).
- ICICI Prudential Energy Opportunities fell less in its worst fall since 12-02-2025: −13.1% against −16.1%.
- Baroda BNP Paribas Energy Opportunities holds more in large companies: 64.3% of the fund in large caps against 46.3%.
- ICICI Prudential Energy Opportunities is the larger fund: ₹8,029 Cr against ₹592 Cr.
- Their portfolios overlap 49.9%: 30 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Baroda BNP Paribas Energy Opportunities Fund | ICICI Prudential Energy Opportunities Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹592 Cr (30-09-2026) | ₹8,029 Cr (30-09-2026) |
| NAV | ₹10.92 (Direct) | ₹10.81 (Direct) |
| Expense ratio (Direct) | 1.55% | 1.11% |
| Expense ratio (Regular) | 2.60% | 2.12% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Nifty Energy TRI |
| Launch date | Not available | 22-07-2024 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Nitya Mishra, Sharmila D'silva for overseas investments |
| Exit load | Not available | Exit load of 1%, if redeemed within 3 months. |
Baroda BNP Paribas Energy Opportunities vs ICICI Prudential Energy Opportunities: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Energy Opportunities Fund (Direct) | −3.79% | −7.59% | −13.97% | −7.43% | -- | -- | -- |
| ICICI Prudential Energy Opportunities Fund (Direct) | −6.08% | −6.33% | −9.16% | +0.19% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Baroda BNP Paribas Energy Opportunities vs ICICI Prudential Energy Opportunities: Year-wise Returns
| Year | Baroda BNP ParibasBaroda BNP Paribas Energy Opportunities | ICICI PrudentialICICI Prudential Energy Opportunities | Nifty Energy TRI |
|---|---|---|---|
| 2026to date | −6.27% | +1.22% | −0.05% |
| 2025 | -- | +11.60% | +1.84% |
Baroda BNP Paribas Energy Opportunities vs ICICI Prudential Energy Opportunities: Rolling Returns
Every holding period of both funds, against Nifty Energy TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 175 of them, one for each trading day from 12-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Baroda BNP Paribas Energy Opportunities Fund (Direct)
ICICI Prudential Energy Opportunities Fund (Direct)
Nifty Energy TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Energy Opportunities | 12.6 | 22.9 | 29.1 | 16.6 | 13.7 | 5.1 | 0.0 | 7.8% | 6.8% | −7.4% | 24.2% | 17% |
| ICICI Prudential Energy Opportunities | 0.0 | 3.4 | 8.0 | 28.6 | 40.6 | 14.9 | 4.6 | 16.2% | 16.8% | 0.2% | 29.9% | 100% |
| Nifty Energy TRI | 3.4 | 6.3 | 21.1 | 40.0 | 21.1 | 8.0 | 0.0 | 12.0% | 12.4% | −2.8% | 23.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Energy TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 12-02-2025. Past returns do not promise future returns.
Baroda BNP Paribas Energy Opportunities vs ICICI Prudential Energy Opportunities: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 12-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas Energy OpportunitiesBaroda BNP Paribas Energy Opportunities Fund (Direct) | ₹2,10,000 | ₹2,01,061 | −₹8,939 | −4.7% |
| ICICI Prudential Energy OpportunitiesICICI Prudential Energy Opportunities Fund (Direct) | ₹2,10,000 | ₹2,16,190 | ₹6,190 | 3.2% |
Baroda BNP Paribas Energy OpportunitiesBaroda BNP Paribas Energy Opportunities Fund (Direct)
ICICI Prudential Energy OpportunitiesICICI Prudential Energy Opportunities Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Baroda BNP Paribas Energy Opportunities vs ICICI Prudential Energy Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Energy Opportunities Fund (Direct) | ICICI Prudential Energy Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.43% | +0.19% |
| Standard deviation | 14.07% | 14.96% |
| Sharpe ratio | -0.90 | -0.34 |
| Sortino ratio | -1.18 | -0.45 |
| Maximum drawdown | −16.1% (23-10-2026) | −13.1% (23-10-2026) |
| Beta | 0.85 | 0.88 |
| Alpha | −5.84% | +2.02% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Baroda BNP Paribas Energy Opportunities Fund (Direct) | ICICI Prudential Energy Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.16% | +3.40% |
| Standard deviation | 13.79% | 14.39% |
| Sharpe ratio | -0.02 | -0.16 |
| Sortino ratio | -0.03 | -0.22 |
| Maximum drawdown | −16.1% (23-10-2026) | −18.7% (28-02-2025) |
| Beta | 0.82 | 0.76 |
| Alpha | −2.24% | +6.71% |
From daily NAVs, 12-02-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Baroda BNP Paribas Energy Opportunities Fund (Direct)
ICICI Prudential Energy Opportunities Fund (Direct)
Nifty Energy TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Energy Opportunities Fund (Direct) | −16.1% | 27-05-2026 | 23-10-2026 | Not yet | -- | −14.3% |
| ICICI Prudential Energy Opportunities Fund (Direct) | −13.1% | 22-06-2026 | 23-10-2026 | Not yet | -- | −11.5% |
| Nifty Energy TRI | −16.4% | 27-05-2026 | 23-10-2026 | Not yet | -- | −15.3% |
From daily values since 12-02-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Baroda BNP Paribas Energy Opportunities Fund (Direct)
ICICI Prudential Energy Opportunities Fund (Direct)
Nifty Energy TRI
Against Nifty Energy TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Baroda BNP Paribas Energy Opportunities Fund (Direct) | 80% | 87% | 4.96% |
| ICICI Prudential Energy Opportunities Fund (Direct) | 99% | 77% | 4.64% |
From month-end values since 12-02-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Baroda BNP Paribas Energy Opportunities vs ICICI Prudential Energy Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Energy Opportunities Fund, September 2026; ICICI Prudential Energy Opportunities Fund, September 2026
Holdings in common
- Overlap
- 49.9%
- Held by both
- 30
- Only in Baroda BNP Paribas Energy Opportunities
- 5
- Only in ICICI Prudential Energy Opportunities
- 59
| Security | % of Baroda BNP Paribas Energy Opportunities | % of ICICI Prudential Energy Opportunities |
|---|---|---|
| Reliance Industries Limited | 8.53% | 8.87% |
| NTPC Limited | 7.09% | 7.45% |
| Oil & Natural Gas Corporation Limited | 5.06% | 5.28% |
| Cummins India Limited | 4.02% | 3.30% |
| Oil India Limited | 3.98% | 3.06% |
| GAIL (India) Limited | 3.17% | 2.19% |
| Bharat Petroleum Corporation Limited | 2.05% | 3.24% |
| Coal India Limited | 5.10% | 1.92% |
| NHPC Limited | 4.06% | 1.85% |
| Bharat Heavy Electricals Limited | 4.79% | 1.61% |
| ABB India Limited | 2.29% | 1.38% |
| Indian Oil Corporation Limited | 1.37% | 2.55% |
| GE Vernova T&D India Limited | 2.13% | 1.34% |
| Tata Power Company Limited | 3.64% | 1.18% |
| Hindustan Petroleum Corporation Limited | 3.02% | 1.17% |
| Siemens Energy India Limited | 1.08% | 1.16% |
| Power Grid Corporation of India Limited | 4.84% | 0.94% |
| Gulf Oil Lubricants India Limited | 0.67% | 0.69% |
| Mangalore Refinery and Petrochemicals Limited | 0.72% | 0.55% |
| Mahanagar Gas Limited | 0.54% | 1.05% |
| Clean Max Enviro Energy Solutions Limited | 2.13% | 0.50% |
| JSW Energy Limited | 0.42% | 0.70% |
| Siemens Limited | 1.89% | 0.40% |
| KSB Limited | 1.45% | 0.39% |
| Chennai Petroleum Corporation Limited | 0.97% | 0.37% |
| Adani Power Limited | 1.03% | 0.27% |
| NLC India Limited | 3.10% | 0.24% |
| Indraprastha Gas Limited | 1.11% | 0.19% |
| Petronet LNG Limited | 2.28% | 0.16% |
| Larsen & Toubro Limited | 4.29% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 49.9% means 49.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Baroda BNP Paribas Energy Opportunities Fund
| Security | % of fund |
|---|---|
| Hitachi Energy India Limited | 5.18% |
| Linde India Limited | 2.24% |
| KEI Industries Limited | 2.01% |
| 182 Days Tbill (MD 18/02/2027) | 1.65% |
| The India Cements Limited | 0.96% |
Largest holdings only in ICICI Prudential Energy Opportunities Fund
| Security | % of fund |
|---|---|
| Kalpataru Projects International Ltd | 2.63% |
| Life Insurance Corporation of India | 2.46% |
| TD Power Systems Ltd. | 2.39% |
| Acme Solar Holdings Ltd | 2.12% |
| Triveni Turbine Ltd. | 1.87% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas Energy Opportunities | ICICI Prudential Energy Opportunities |
|---|---|---|
| Equity | 97.2% | 95.2% |
| Debt | 1.6% | 1.9% |
| Cash and others | 1.1% | 2.8% |
Market cap of stocks
| Market cap | Baroda BNP Paribas Energy Opportunities | ICICI Prudential Energy Opportunities |
|---|---|---|
| Large Cap | 64.3% | 46.3% |
| Mid Cap | 24.3% | 13.4% |
| Small Cap | 8.6% | 32.0% |
| Not on AMFI's list | 0.0% | 3.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Baroda BNP Paribas Energy Opportunities | ICICI Prudential Energy Opportunities |
|---|---|---|
| Power | 26.3% | 19.6% |
| Electrical Equipment | 17.4% | 19.1% |
| Petroleum Products | 17.3% | 17.4% |
| Industrial Products | 7.5% | 11.5% |
| Oil | 9.0% | 8.5% |
| Gas | 7.1% | 5.2% |
| Construction | 4.3% | 5.3% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas Energy Opportunities vs ICICI Prudential Energy Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Energy Opportunities Fund | ICICI Prudential Energy Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.55% | 1.11% |
| Base expense ratio (Direct) | 1.16% | 0.64% |
| Total expense ratio (Regular) | 2.60% | 2.12% |
| Base expense ratio (Regular) | 2.05% | 1.53% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Baroda BNP Paribas Energy Opportunities with
- Baroda BNP Paribas Energy Opportunities vs Nippon India Taiwan Equity
- Baroda BNP Paribas Energy Opportunities vs HDFC Defence
- Baroda BNP Paribas Energy Opportunities vs HDFC Pharma and Healthcare
- Baroda BNP Paribas Energy Opportunities vs SBI Healthcare Opportunities
- Baroda BNP Paribas Energy Opportunities vs Aditya Birla Sun Life International Equity
Compare ICICI Prudential Energy Opportunities with
- ICICI Prudential Energy Opportunities vs Nippon India Taiwan Equity
- ICICI Prudential Energy Opportunities vs HDFC Defence
- ICICI Prudential Energy Opportunities vs HDFC Pharma and Healthcare
- ICICI Prudential Energy Opportunities vs SBI Healthcare Opportunities
- ICICI Prudential Energy Opportunities vs Aditya Birla Sun Life International Equity
Baroda BNP Paribas Energy Opportunities Fund vs ICICI Prudential Energy Opportunities Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Energy Opportunities Fund and ICICI Prudential Energy Opportunities Fund?
Baroda BNP Paribas Energy Opportunities Fund is a Thematic fund, ICICI Prudential Energy Opportunities Fund is a Thematic fund, run by Baroda BNP Paribas Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 49.9%. Baroda BNP Paribas Energy Opportunities Fund charges 1.55% a year and ICICI Prudential Energy Opportunities Fund 1.11%.
Which has given higher returns, Baroda BNP Paribas Energy Opportunities Fund or ICICI Prudential Energy Opportunities Fund?
Over 1 year: Baroda BNP Paribas Energy Opportunities Fund −7.43%, ICICI Prudential Energy Opportunities Fund +0.19%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas Energy Opportunities Fund or ICICI Prudential Energy Opportunities Fund?
ICICI Prudential Energy Opportunities Fund charges less: 1.11% a year against 1.55%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Energy Opportunities Fund and ICICI Prudential Energy Opportunities Fund overlap?
49.9%. They hold 30 of the same securities, the largest shared ones being RELIANCE, NTPC, ONGC. From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas Energy Opportunities Fund and ICICI Prudential Energy Opportunities Fund?
Yes. 49.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.