Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth

Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth is a debt fund. This fund was started on 17 December, 2020. The fund is managed by Gurvinder Wasan, Vikram Pamnani. This fund is suitable to keep your money safe.

1. Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has ₹26 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has given a CAGR return of 5.89% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.59% and 7.81% respectively.

Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.32% Govt Stock 2030, Export Import Bank Of India, National Highways Authority Of India, Power Grid Corporation Of India Limited, National Housing Bank

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The scheme seeks to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions and Municipal Bonds. However, there is no assurance or guarantee that the objective of the scheme will be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has no lock in period.