BDFIX — Baron Discovery Fund
Data updated: 2026-05-22
BDFIX — Baron Discovery Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Small Cap Growth Equity · $1.64B AUM · 1.05% expense ratio · 5.6% 1-yr return. From SEC regulatory filings.
BDFIX Fund Overview
BDFIX — Baron Discovery Fund is a US mutual fund managed by BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND), categorised as United States Small Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
- Category: United States Small Cap Growth Equity
- Assets under management: $1.64B
- 1-year return: 5.6%
- Ticker: BDFIX
- SEC CIK: 0000810902
- SEC series ID: S000042178
- Share class ID: C000130960
BDFIX Holdings
Top 10 holdings of Baron Discovery Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Liberty Live Holdings Inc | 3.82% |
| Advanced Energy Industries Inc | 3.79% |
| Dynatrace Inc | 3.64% |
| Loar Holdings Inc | 2.80% |
| Guidewire Software Inc | 2.74% |
| CareDx Inc | 2.54% |
| Forgent Power Solutions Inc | 2.46% |
| SiteOne Landscape Supply Inc | 2.44% |
| Waystar Holding Corp | 2.43% |
| Establishment Labs Holdings Inc | 2.39% |
BDFIX Portfolio Allocation
Asset-class allocation of Baron Discovery Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 92.6% |
BDFIX Performance
Total returns for BDFIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -10.7% |
| 1 year | 5.6% |
| 3 years (annualised) | 8.3% |
| 5 years (annualised) | -2.2% |
BDFIX Risk Information
Risk metrics for BDFIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.3%
BDFIX Costs and Fees
BDFIX costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.05%
- Portfolio turnover: 41%
- Brokerage commissions: 5.07 bps of average net assets (SEC N-CEN)
BDFIX Cashflows
Over the 12 months to 2026-03, Baron Discovery Fund had net inflows of $44.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$26.64M |
| 2026-02 | −$5.76M |
| 2026-01 | −$24.85M |
| 2025-12 | −$1.02M |
| 2025-11 | −$9.83M |
| 2025-10 | $1.60M |
BDFIX Debt Constituents
No individual debt constituents are reported in Baron Discovery Fund's latest SEC N-PORT filing.
BDFIX Prospectus and SEC Filings
Official Baron Discovery Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Small Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.