COMPARE
Baroda BNP Paribas Retirement Fund - Direct plan - Growth option vs ICICI Prudential Retirement Fund - Hybrid Conservative - Direct Plan - Growth Option
Baroda BNP Paribas Retirement Fund and ICICI Prudential Retirement Fund - Hybrid Conservative are both in the Retirement Fund category, from Baroda BNP Paribas Asset Management India Private Limited and ICICI Prudential Asset Management Company Limited respectively. Baroda BNP Paribas Retirement Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Baroda BNP Paribas Retirement Fund has the lower direct-plan expense ratio, by 0.01 percentage points.
| Baroda BNP Paribas Retirement Fund - Direct plan - Growth option | ICICI Prudential Retirement Fund - Hybrid Conservative - Direct Plan - Growth Option | |
|---|---|---|
| Category | Retirement Fund | Retirement Fund |
| AMC | Baroda BNP Paribas Asset Management India Private Limited | ICICI Prudential Asset Management Company Limited |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | NIFTY 50 Hybrid Composite Debt 15:85 Index |
| NAV | ₹11.5026 (2026-10-28) | ₹19.6899 (2026-10-28) |
| AUM | ₹381.7 Cr | ₹93.99 Cr |
| Expense Ratio (Direct) | 1.04% | 1.05% |
| Inception | 2024-05-08 | 2019-02-07 |
Returns
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
Portfolio Analytics
Baroda BNP Paribas Retirement Fund carries the higher portfolio YTM.
| Baroda BNP Paribas Retirement Fund - Direct plan - Growth option | ICICI Prudential Retirement Fund - Hybrid Conservative - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 29.3315 | 11.4737 |
| P/B Ratio | - | 3.84 |
| Dividend Yield | 0.8906% | 0.9478% |
| Active Share | - | - |
| Portfolio Turnover | 44% | - |
| YTM | 7.912% | 7.5689% |
| Duration (Macaulay) | 10.21 yrs | 4.523 yrs |
Punji Fund Health Score
Baroda BNP Paribas Retirement Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Baroda BNP Paribas Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Conservative?
Baroda BNP Paribas Retirement Fund's direct-plan expense ratio is 0.01 percentage points lower than ICICI Prudential Retirement Fund - Hybrid Conservative's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Baroda BNP Paribas Retirement Fund and ICICI Prudential Retirement Fund - Hybrid Conservative show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Baroda BNP Paribas Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Conservative?
Baroda BNP Paribas Retirement Fund has ₹382 Cr in assets under management, versus ₹94 Cr for ICICI Prudential Retirement Fund - Hybrid Conservative. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Baroda BNP Paribas Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Conservative?
Baroda BNP Paribas Retirement Fund's portfolio YTM (7.912%) is higher than ICICI Prudential Retirement Fund - Hybrid Conservative's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Baroda BNP Paribas Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Conservative?
Baroda BNP Paribas Retirement Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Baroda BNP Paribas Retirement Fund or ICICI Prudential Retirement Fund - Hybrid Conservative?
ICICI Prudential Retirement Fund - Hybrid Conservative launched on 2019-02-07, making it older than Baroda BNP Paribas Retirement Fund (launched 2024-05-08). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.