Baroda BNP Paribas Corporate Bond Fund Direct Growth

Baroda BNP Paribas Corporate Bond Fund Direct Growth

Debt

Direct

Corporate Bond

NAV as on 04-12-2024

₹ 27.7

0.1%

1D

Inception Returns

7%

/yr

About Baroda BNP Paribas Corporate Bond Fund Direct Growth

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.

Key Parameters

  1. Baroda BNP Paribas Corporate Bond Fund Direct Growth has ₹203 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

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.

Holdings

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

Taxation

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.

Investment objective of Baroda BNP Paribas Corporate Bond Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
11 people have invested ₹ 20.4L in Baroda BNP Paribas Corporate Bond Fund Direct Growth in the last three months

Baroda BNP Paribas Corporate Bond Fund Direct Growth Overview

Expense ratio0.2%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹203 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
0.47%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (04-Dec-24)

Period
Baroda BNP Paribas Corporate Bond Fund Direct Growth
Corporate Bond Index
1M
0.7%
0.6%
3M
2.2%
1.8%
6M
4.9%
4.3%
1Y
9.2%
8.2%
3Y
5.9%
5.9%
5Y
6.1%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
46.1%
Corporate
45.8%
Cash Equivalent
8.1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 196.2 Cr
₹ 174.6 Cr
₹ 168.4 Cr
  • AUM of the fund stands at 196.2 Cr as of Oct'24
  • AUM increased by 21.7 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 8.1% to 8.1%
Cash allocation has gone up from 8.1% to 8.1%
Debt allocation has gone up from 91.7% to 91.7%
Debt allocation has gone up from 91.7% to 91.7%

Top 2 Sectors in October were Government, Corporate

Oct'24
Government
46%
Corporate
46%
Sep'24
Government
46%
Corporate
46%
  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
12.52%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
6.05%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
5.97%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
5.57%
0%
Export Import Bank Of India
Export Import Bank Of India
5.21%
0%
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Vikram Pamnani
Vikram Pamnani
Fund Manager of Baroda BNP Paribas Corporate Bond Fund Direct Growth, since 10 July 2024
Gurvinder Wasan
Gurvinder Wasan
Fund Manager of Baroda BNP Paribas Corporate Bond Fund Direct Growth, since 21 October 2024
Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total AUM
₹45.98K Cr
as on 31-Oct-2024
Address
Baroda BNP Paribas Mutual Fund,Crescenzo, 7th Floor, G-Block,,Bandra Kurla Complex
Phone
+912269209600
Website
service@barodabnpparibasmf.in

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 36.5% growth in AUM moving from 148.55 Cr to 202.85 Cr.
Insights icon
In the last 1 year, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 9.4% return, outperforming this fund by 0.17%.
Insights icon
In the last 5 years, Axis Corporate Bond Fund Direct Growth has given 7.38% return, outperforming this fund by 1.25% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.2% which is lower than the category average expense ratio of 0.5%.
Insights icon
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 7.02% return, outperforming this fund by 1.16% per annum.

Baroda BNP Paribas Corporate Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.96% since inception which is more than its category average return of 5.72%
AUM size ₹203 Cr

AUM size ₹203 Cr

This fund has AUM of ₹203 Cr which is less than its category average of ₹ 6823 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions for Baroda BNP Paribas Corporate Bond Fund Direct Growth

The current NAV of Baroda BNP Paribas Corporate Bond Fund Direct Growth is ₹27.7 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.2% as on November 2024
₹203 Cr as on November 2024
7.1% Govt Stock 2034(12.52%), 7.32% Govt Stock 2030(6.05%), Rural Electrification Corporation Limited(5.97%), Indian Railway Finance Corporation Limited(5.57%), Export Import Bank Of India(5.21%) as on November 2024
Corporate(50.28%), Government(44.54%), Cash Equivalent(5.18%) as on November 2024
Yield to Maturity is 7.2 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.78 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vikram Pamnani, Gurvinder Wasan are the fund managers of Baroda BNP Paribas Corporate Bond Fund Direct Growth
The Exit load of Baroda BNP Paribas Corporate Bond Fund Direct Growth is 0%