Debt
Direct
Corporate Bond
NAV as on 04-12-2024
₹ 27.7
▲0.1%
1D
Inception Returns
7%
/yr
Baroda BNP Paribas Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vikram Pamnani, Gurvinder Wasan. This fund is suitable to keep your money safe.
Baroda BNP Paribas Corporate Bond Fund Direct Growth has given a CAGR return of 6.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.23%, 5.87% and 6.13% respectively.
Baroda BNP Paribas Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.32% Govt Stock 2030, Rural Electrification Corporation Limited, Indian Railway Finance Corporation Limited, Export Import Bank Of India
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
The primary objective of the Scheme is to generate income and capital gains through investments predominantly in AA+ and above rated corporate bonds. 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 for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.2% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹203 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 0.47% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (04-Dec-24)
as on (31-Dec-69)
Top 2 Sectors in October were Government, Corporate
Baroda BNP Paribas Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 4.87% | 4.87% |
1 Year Returns | 9.23% | 9.23% |
3 Years Returns | 18.65% | 5.87% |
5 Years Returns | 34.67% | 6.13% |
AAA | 100 |