Baroda BNP Paribas Gold ETF · NSE:BBNPPGOLD
Baroda BNP Paribas Gold ETF — Baroda BNP Paribas Mutual Fund — Investor Presentation (September 2025)
36 slides from Baroda BNP Paribas Gold ETF's investor presentation, September 2025
Slide 1: Baroda BNP Paribas Business Conglomerates Fund NFO
Invest in RPG GROUP LARSEN & TOUBRO TVS GROUP ITC GROUP RAYMOND GROUP LARSEN & TOUBRO TVS GROUP HERO MOTOCORP HERO MOTOCORP NALWA HINDUJA GROUP SONS INVESTMENT RPG GROUP JSW JINDAL BHARTI STAINLESS GROUP BAJAJ GROUP HINDUJA RPG GROUP NALWA SONS INVESTMENT SHAPOORJI PALLONJI ESSEL GROUP GROUP GROUP E
Slide 2: Building Bharat: Story of ambition, diversification, and adaptation
Building Bharat: Story of ambition, diversification, and adaptation. 1
Slide 3: Building Bharat: Story of Ambition, Diversification, and Adaptation
Building Bharat: Story of Ambition, Diversification, and Adaptation Post independence, as India faced the monumental task of rebuilding the economy, visionary entrepreneurs stepped forward to drive the country’s industrialisation Started as Steel, chemicals, consumer retail, Jamsetji commodity Tata
Slide 4: Building Bharat: Story of Ambition, Diversification, and Adaptation
Building Bharat: Story of Ambition, Diversification, and Adaptation Over decades, these early businesses leading the industrialisation movement became multi-generational conglomerates that now power India’s economy Ship Building Wadia Real estate, aviation, consumer Sir Ness Wadia Company set up Gro
Slide 5: Historically, Business Conglomerates have been successful globally
Historically, Business Conglomerates have been successful globally 4
Slide 6: Samsung: From Trading Firm to Global Conglomerate
Samsung: From Trading Firm to Global Conglomerate 1938 1969 1980s-90s 1997 2025 Growth of Mobile & Insurance, Food Shipbuilding and Consumer Processing Construction Digital Electronics Electronics Samsung was Semiconductors, Sold off Non Core formed as a trading Chemical and Businesses. Focus on new
Slide 7: Toyota: Transformation from Looms to Global Mobility
Toyota: Transformation from Looms to Global Mobility 1950s - Sakichi Toyoda set 1937 60s Now up Toyoda Automatic Steering systems, Loom Works, Ltd. for driveline manufacturing and Development of components, sale of textile ancillary units for bearings, and machinery automotive growth machine tools.
Slide 8: Why Business Conglomerates?
Why Business Conglomerates? 7
Slide 9: What are conglomerates?
What are conglomerates? A conglomerate is A group of companies Across multiple, independent, and diverse businesses Operating in different industries Diversification Centralized Ownership Capital Allocation Risk Mitigation Operate in Controlled by a Distribute financial Reduce dependency unrelated i
Slide 10: Conglomerates: Backbone of everyday India
Conglomerates: Backbone of everyday India Electricity Telecom & Consumer Automobiles & Utilites Internet Goods Fuel & Infrastructure Corporate Banks & Energy Jobs Finance Retail & HealthCare Education CSR / Shopping Social Impact 9
Slide 11: Why Conglomerates Thrive: Key Strengths
Why Conglomerates Thrive: Key Strengths Diversified revenue streams mitigate risk Long track record of resilience Easier access to capital, driven by better credit quality Access to markets Financial firepower to invest in innovative ventures Good management quality 10
Slide 12: Wins, Losses, and the Strength to Weather Both
Wins, Losses, and the Strength to Weather Both Conglomerates can absorb failures, thanks to portfolio diversification even while scaling Business eg: Mahindra Group Success Story Failure Story Tech Mahindra SsangYong Motors Deal: Mahindra British Telecom set up as Deal: Mahindra acquired majority st
Slide 13: Legacy Advantage: Leveraging Brand Equity
Legacy Advantage: Leveraging Brand Equity Conglomerates in India leverage their strong brand reputation and goodwill to empower their subsidiaries, creating a ripple effect of trust, credibility, and market access Business eg: Tata Group Brand Equity Shared Reputation Subsidiaries benefit from the p
Slide 14: Tata's Brand Halo: Trust That Transcends Industries
Tata’s Brand Halo: Trust That Transcends Industries Tata Motors Jaguar Land Rover Tata Autocomp Systems TCS Automotive Tata Play Tata Electronics Tata Teleservices Tata Elxsi Telecom Technology & Media Tata Communications Tata Digital Tata Power Tata Capital Tata Projects Infra Tata Financial Tata A
Slide 15: Thriving on adjacencies
Thriving on adjacencies Conglomerates expand into new markets in their value chain by leveraging existing businesses through strategic acquisitions, strong brand equity, and shared resources Business eg: JSW Group The Group has systematically expanded into industries that form the backbone of housin
Slide 16: Capital Power: Driving Innovation & New Markets
Capital Power: Driving Innovation & New Markets Tata Group L&T Adani Group JSW Murugappa Reliance TVS Group Mahindra Bajaj Group Aditya Birla Group Industries Group Group Digitial Ecosystem / Fintech Electric Vehicles Green Energy Defence/ Aerospace Semi-conductors Conglomerates have the financial m
Slide 17: Early Investors in New Age Businesses
Early Investors in New Age Businesses With deep capital reserves, bold risk appetite, and long-term vision, conglomerates are uniquely positioned to invest early in emerging startups and next-generation businesses, often ahead of the curve L&T services Acquisition of Mindtree to Services become LT M
Slide 18: Unlocking Value: The Global Demerger Wave
Unlocking Value: The Global Demerger Wave… Spun off/ Incubated Approx time of Conglomerate business acquiring/ setting up Spin off/ Sale Power Grids Division Longtime core unit Sold to Hitachi (2020) ABB Accelleron (Turbocharging) ~1905 Spun off in 2022 GE HealthCare Longtime core unit Spun off in 2
Slide 19: …with Indian Firms Following Suit
…with Indian Firms Following Suit Demergers are increasingly becoming tools for large companies to unlock shareholder value Strategy to bring focus and shed the “conglomerate discount” Spun off/ Incubated Approx time of Conglomerate business acquiring/ setting up Spin off/ Sale Real Estate Business
Slide 20: Investment Opportunity Amid Family Restructuring
Investment Opportunity Amid Family Restructuring Indian business groups are entering a phase of family settlements and strategic splits, unlocking value through restructuring, clearer ownership, and focused growth Business Example: Bajaj Group Rahul 7,00,000 Bajaj 6,00,000 5,95,919 Market Cap (in ‘0
Slide 21: Tap into the strength of India's most iconic business groups
Invest in RPG GROUP LARSEN & TOUBRO TVS GROUP ITC GROUP RAYMOND GROUP LARSEN & TOUBRO TVS GROUP HERO MOTOCORP HERO MOTOCORP NALWA HINDUJA GROUP SONS INVESTMENT RPG GROUP JSW JINDAL BHARTI STAINLESS GROUP BAJAJ GROUP HINDUJA RPG GROUP NALWA SONS INVESTMENT SHAPOORJI PALLONJI ESSEL GROUP GROUP GROUP E
Slide 22: Opportunity Landscape
Opportunity Landscape Corporate Strategy Potential Opportunity Conglomerates incubate Business Groups entering and invest in new age high growth segments businesses Divestments of businesses Increasing alignment in with poor ROCE (Return On businesses leading to Capital Employed) synergies Promoter
Slide 23: Investment Approach
Investment Approach Baroda BNP Paribas Business Conglomerates Fund will have a diversified portfolio focusing on investments in companies from leading diversified conglomerates Conglomerates would be defined as groups based in India, led or controlled by promoters, and comprising at least two listed
Slide 24: Our experience of investing in Conglomerates
Our experience of investing in Conglomerates 23
Slide 25: Company 1: South India based Automotive Group
Company 1: South India based Automotive Group Current Market Cap (` Crores) The company is part of a more than 1,50,000 100-year-old group and is the fastest growing 1,40,000 1,30,000 2W/3W automotive OEM (Original Equipment 1,20,000 Manufacturer) in the country. 1,10,000 1,00,000 There was a family
Slide 26: Company 2: A Small Cap MNC FMCG Group
Company 2: A Small Cap MNC FMCG Group Current Market Cap (` Crores) It is manufacturer and marketer of 20,000 fast-moving consumer goods in the female 18,000 16,000 care and healthcare businesses Acquisition of Acquisition of 14,000 Grooming brand Pharma brand (Jan 28, 2005) (April 19, 2018) 12,000
Slide 27: Company 3: Turnaround of a Large Cap Industrial company
Company 3: Turnaround of a Large Cap Industrial company Current Market Cap (` Crores) Part of the conglomerate group present in engineering/industrial, financial services and 140,000 agriculture 120,000 100,000 The company provides end-to-end solutions to 80,000 utilities, industries and consumers f
Slide 28: Key Features of the Scheme
Key Features of the Scheme About the Baroda BNP Paribas Business Conglomerates Fund focuses on equity and Scheme equity related securities of companies that are part of business conglomerates in India The Scheme will invest at least 80% of its net assets in companies that Investment are part of busi
Slide 29: Benchmark Index Characteristics and Composition
Benchmark Index Characteristics and Composition The Scheme would be benchmarked against BSE Select Business Groups Index Stocks forming part of the BSE 500 index are eligible for inclusion in the index. Companies from the Financial Services sector will be excluded Maximum number of constituents are
Slide 30: Investment Philosophy: Companies aim to create wealth, not markets
Investment Philosophy: Companies aim to create wealth, not markets In search of companies with potential and sustainable earnings growth BUSINESS Growth “Moat” * Positive change B.M.V. FRAMEWORK Leadership in: Competence Cash Governance Margin of Safety MANAGEMENT VALUATION Identify superior busines
Slide 31: Who is it suitable for?
Who is it suitable for?* Investors looking to benefit from broad-based exposure by investing in conglomerates operating across multiple sectors and industries Investors who want focused exposure to well-established conglomerates with proven track records and future growth potential Investors with a
Slide 32: Investment Team and Experience
Investment Team and Experience Sanjay Chawla (Chief Investment Officer - 34 Years of Experience) Experience Jitendra Sriram 27 Years 26 Years Kirtan Mehta 17 Years Meenakshi Gururaj Shiv Chanani 23 Years 15 Years Swapna Shelar Pratish Krishnan 24 Years 12 Years Ankeet Pandya 11 Years Kushant Arora N
Slide 33: Fund Facts
Fund Facts Scheme name Baroda BNP Paribas Business Conglomerates Fund Type of the Scheme An open-ended equity scheme investing in equity and equity related securities of companies that are part of business conglomerates in India Category Sectoral/ Thematic fund – Conglomerate Theme Investment Object
Slide 34: Risk Factors
Risk Factors The risks associated with investments in equities include fluctuations in prices, as stock markets can be volatile and decline in response to political, regulatory, economic, market and stock-specific development etc. Investment in the scheme carries the risk regarding non-diversificati
Slide 35: Disclaimers
Disclaimers In the preparation of the material contained in this document, Baroda BNP Paribas Asset Management India Ltd. (“AMC”) has used information that is publicly available, including information developed in-house. The AMC, however, does not warrant the accuracy, reasonableness and/or complete
Slide 36: Connect with us
Contact your Mutual Fund Distributor or Financial Advisor Log on: www.barodabnpparibasmf.in Call us on: 1800 2670 189 (Toll free) Connect with us:
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