Debt
Direct
Credit Risk
NAV as on 30-10-2024
₹ 23.01
▲0.1%
1D
Inception Returns
8.9%
/yr
Baroda BNP Paribas Credit Risk Fund Direct Growth is a debt fund. This fund was started on 23 January, 2015. The fund is managed by Mayank Prakash. This fund is suitable to keep your money safe.
Baroda BNP Paribas Credit Risk Fund Direct Growth has given a CAGR return of 8.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.46%, 7.42% and 8.88% respectively.
Baroda BNP Paribas Credit Risk Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are Tata Projects Limited, JSW Steel Limited, Godrej Housing Finance Limited, Piramal Capital & Housing Finance Limited, Indostar Capital Finance Limited
As it is a credit risk 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 returns by investing in debt and money market instruments across the credit spectrum. There is no assurance or guarantee that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Credit Risk Fund Direct Growth has no lock in period.
Expense ratio | 0.79% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹166 Cr |
Inception Date | 23 January, 2015 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 1.4% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderately High risk |
as on (30-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Financial Services, Corporate & Government
Baroda BNP Paribas Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.72% | 0.72% |
6 Month Returns | 4.97% | 4.97% |
1 Year Returns | 9.46% | 9.46% |
3 Years Returns | 23.95% | 7.42% |
5 Years Returns | 53.05% | 8.88% |
AA | 61.03 |
AAA | 38.97 |