Baroda BNP Paribas Ultra Short Term Fund vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Ultra Short Term Fund is an Ultra Short fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is a mutual fund. Baroda BNP Paribas Ultra Short Term Fund charges 0.29% a year and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund 0.11% (Direct plans). Their portfolios overlap 16.4%: they hold 5 of the same securities.
Baroda BNP Paribas Ultra Short Term Fund
Ultra Short
- Expense ratio
- 0.29%
- NAV
- ₹1,697.73
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- Expense ratio
- 0.11%
- NAV
- ₹10.45
Which is better, Baroda BNP Paribas Ultra Short Term or Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index costs less: 0.11% a year against 0.29% (Direct plans).
- Baroda BNP Paribas Ultra Short Term fell less in its worst fall since 13-03-2026: −0.1% against −0.1%.
- Baroda BNP Paribas Ultra Short Term is the larger fund: ₹596 Cr against ₹260 Cr.
- Their portfolios overlap 16.4%: 5 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 Ultra Short Term Fund | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Nippon India Mutual Fund |
| Category | Ultra Short | Not available |
| AUM | ₹596 Cr (30-09-2026) | ₹260 Cr (30-09-2026) |
| NAV | ₹1,697.73 (Direct) | ₹10.45 (Direct) |
| Expense ratio (Direct) | 0.29% | 0.11% |
| Expense ratio (Regular) | 0.44% | 0.22% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Baroda BNP Paribas Ultra Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: 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 Ultra Short Term Fund (Direct) | +0.31% | +1.46% | +3.25% | +6.38% | +7.14% | +6.68% | -- |
| Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | +0.32% | +1.49% | +3.35% | -- | -- | -- | -- |
| Ultra Short average | +0.30% | +1.34% | +3.06% | +6.00% | +6.82% | +6.27% | -- |
Category average: the average of the 26 Ultra Short funds, same plan type.
Baroda BNP Paribas Ultra Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Year-wise Returns
| Year | Baroda BNP Paribas Ultra Short TermBaroda BNP Paribas Ultra Short Term | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt IndexNippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| 2026to date | +5.33% | -- |
| 2025 | +7.20% | -- |
| 2024 | +7.68% | -- |
| 2023 | +7.40% | -- |
| 2022 | +5.06% | -- |
| 2021 | +3.90% | -- |
Baroda BNP Paribas Ultra Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Rolling Returns
Every holding period of both funds
Baroda BNP Paribas Ultra Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Ultra Short Term Fund (Direct) | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.49% | +7.26% |
| Standard deviation | 0.51% | 0.49% |
| Sharpe ratio | 2.35 | 4.06 |
| Sortino ratio | 4.61 | 7.01 |
| Maximum drawdown | −1.0% (24-03-2020) | −0.1% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 04-06-2018 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 Ultra Short Term Fund (Direct)
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Ultra Short Term Fund (Direct) | −0.1% | 13-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
| Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | −0.1% | 13-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
From daily values since 13-03-2026, the first day every fund has.
Baroda BNP Paribas Ultra Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Ultra Short Term Fund, September 2026; Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 16.4%
- Held by both
- 5
- Only in Baroda BNP Paribas Ultra Short Term
- 26
- Only in Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index
- 14
| Security | % of Baroda BNP Paribas Ultra Short Term | % of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| Union Bank of India (12/03/2027) | 5.70% | 5.60% |
| ICICI Bank Limited (12/02/2027) | 4.09% | 3.76% |
| Axis Bank Limited (12/02/2027) | 3.27% | 3.75% |
| Punjab National Bank (04/02/2027) | 4.10% | 1.88% |
| Export Import Bank of India (01/03/2027) | 3.75% | 1.87% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.4% means 16.4% 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 Ultra Short Term Fund
| Security | % of fund |
|---|---|
| IndusInd Bank Limited (27/01/2027) | 4.92% |
| 8.1% Tata Capital Housing Finance Limited (19/02/2027) | 4.20% |
| 8.28% PNB Housing Finance Limited (30/12/2026) | 4.20% |
| 7.75% Power Finance Corporation Limited (22/03/2027) | 4.20% |
| Small Industries Dev Bank of India (10/11/2026) | 4.16% |
Largest holdings only in Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Aditya Birla Capital Limited | 13.13% |
| 7.73% LIC Housing Finance Limited | 9.63% |
| 8.04% Bajaj Housing Finance Limited | 9.63% |
| Small Industries Dev Bank of India | 9.36% |
| Mahindra & Mahindra Financial Services Limited | 9.35% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas Ultra Short Term | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 91.4% | 98.5% |
| Cash and others | 8.6% | 1.5% |
Baroda BNP Paribas Ultra Short Term vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Ultra Short Term Fund | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.29% | 0.11% |
| Base expense ratio (Direct) | 0.24% | 0.08% |
| Total expense ratio (Regular) | 0.44% | 0.22% |
| Base expense ratio (Regular) | 0.37% | 0.18% |
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
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Baroda BNP Paribas Ultra Short Term Fund vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Ultra Short Term Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Baroda BNP Paribas Ultra Short Term Fund is an Ultra Short fund, Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is a mutual fund, run by Baroda BNP Paribas Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 16.4%. Baroda BNP Paribas Ultra Short Term Fund charges 0.29% a year and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund 0.11%.
Which has the lower expense ratio, Baroda BNP Paribas Ultra Short Term Fund or Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund charges less: 0.11% a year against 0.29%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Ultra Short Term Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund overlap?
16.4%. They hold 5 of the same securities, the largest shared ones being Union Bank of India (12/03/2027), ICICI Bank Limited (12/02/2027), Axis Bank Limited (12/02/2027). From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas Ultra Short Term Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Yes. 16.4% of each fund's money sits in the same holdings, so some 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.