Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Baroda BNP Paribas Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 June, 2018. The fund is managed by Gurvinder Wasan, Vikram Pamnani. This fund is suitable to keep your money safe.

1. Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has ₹1615 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.61%, 7.44% and 6.12% respectively.

Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has allocated its funds majorly in . Its top holdings are Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), HDFC Bank Limited, Export-Import Bank Of India, ICICI Bank Ltd., National Bank for Agriculture and Rural Development

As it is a ultra short duration 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 primary objective of the Scheme is to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months 6 months. However there can be no assurance that the investment objective os the scheme will be realized. The scheme does not gurantee/indicate any returns.

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