Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Arbitrage Fund
Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 28 April, 2017. The fund is managed by Vikram Pamnani. This fund gives you the benefit of diversification.

Key Parameters

  1. Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹1060 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.47%, 5.54% and 4.87% respectively.

Holdings

Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Basic Materials, Industrial, Consumer Defensive, Utilities, Consumer Cyclical, Health, Energy, Tech, Communication, Real Estate, Corporate.

Taxation

As it is a arbitrage fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl

The primary investment objective of the scheme is to generate income and capital appreciation by investing in a combination of diversified portfolio of equity and equity related instruments, including use of equity derivatives strategies and arbitrage opportunities with exposure in debt and fixed income instruments. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.38%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹1060 Cr
Inception Date28 April, 2017
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
646.74%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (31-May-24)

  • Debt & Cash 100%

AAA
93.8%

AA
6.2%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
80.6%
Government
17.9%
Corporate
1.5%
All changes are between Oct'69 and Dec'69

Vikram Pamnani
Vikram Pamnani
Fund Manager of Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl, since 16 March 2022

Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.29% since inception which is more than its category average return of 5.26%
AUM size ₹1060 Cr

AUM size ₹1060 Cr

This fund has AUM of ₹1060 Cr which is less than its category average of ₹ 6913 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is ₹10.8 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.27%
0.27%
6 Month Returns
3.32%
3.32%
1 Year Returns
7.47%
7.47%
3 Years Returns
17.57%
5.54%
5 Years Returns
26.85%
4.87%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.38% as on May 2024
₹1060 Cr as on May 2024
HDFC Bank Ltd(3.63%), Bank of Baroda(3.32%), GMR Airports Infrastructure Ltd(3.2%), Tata Power Co Ltd(2.85%), National Aluminium Co Ltd(2.69%) as on May 2024
Cash Equivalent(80.99%), Government(18.01%), Corporate(1.47%) as on May 2024
AAA
93.81
AA
6.19
Vikram Pamnani is the fund manager of Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Baroda BNP Paribas Arbitrage Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is 0.25%