Baroda BNP Paribas Credit Risk Fund Direct Growth

Baroda BNP Paribas Credit Risk Fund Direct Growth

Debt

Direct

Credit Risk

NAV as on 30-10-2024

₹ 23.01

0.1%

1D

Inception Returns

8.9%

/yr

About Baroda BNP Paribas Credit Risk Fund Direct Growth

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.

Key Parameters

  1. Baroda BNP Paribas Credit Risk Fund Direct Growth has ₹166 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

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.

Holdings

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

Taxation

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.

Investment objective of Baroda BNP Paribas Credit Risk Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
76 people have invested ₹ 6.1L in Baroda BNP Paribas Credit Risk Fund Direct Growth in the last three months

Baroda BNP Paribas Credit Risk Fund Direct Growth Overview

Expense ratio0.79%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹166 Cr
Inception Date23 January, 2015
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
1.4%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (30-Oct-24)

Period
Baroda BNP Paribas Credit Risk Fund Direct Growth
Credit Risk Index
1M
0.7%
0.5%
3M
2.6%
1.8%
6M
5%
3.8%
1Y
9.5%
7.7%
3Y
7.4%
8.9%
5Y
8.9%
6.5%

Fund Distribution

as on (30-Sep-24)

  • Equity 0.4%

  • Debt & Cash 99.3%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
100%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 167.4 Cr
₹ 141.6 Cr
₹ 141.1 Cr
  • AUM of the fund stands at 167.4 Cr as of Sep'24
  • AUM increased by 25.8 Cr between Sep'24 and Aug'24
Debt allocation has gone down from 84% to 80.5%
Debt allocation has gone down from 84% to 80.5%
Cash allocation has gone up from 15.2% to 18.8%
Cash allocation has gone up from 15.2% to 18.8%

Top 3 Sectors in September were Financial Services, Corporate & Government

Sep'24
Financial Services
100%
Corporate
60%
Government
21%
Aug'24
Financial Services
100%
Corporate
62%
Government
22%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Bharat Highways InvIT Unit
Bharat Highways InvIT Unit
0.37%
0%
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Mayank Prakash
Mayank Prakash
Fund Manager of Baroda BNP Paribas Credit Risk Fund Direct Growth, since 21 October 2022
Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total AUM
₹45.93K Cr
as on 30-Sep-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
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.79% which is lower than the category average expense ratio of 1.19%.
Insights icon
In the last 1 year, Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth has given 13.2% return, outperforming this fund by 3.74%.
Insights icon
In the last 3 years, DSP Credit Risk Fund Direct Plan Growth has given 11.43% return, outperforming this fund by 4.01% per annum.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
Over the last 1 month, this fund has experienced a 2.4% drop in AUM moving from 170.08 Cr to 166.03 Cr.

Baroda BNP Paribas Credit Risk Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.91% since inception which is more than its category average return of 5.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.37% in Equity, 88.24% in Debt and 11.04% in Cash related instruments
AUM size ₹166 Cr

AUM size ₹166 Cr

This fund has AUM of ₹166 Cr which is less than its category average of ₹ 1220 Cr
Expense Ratio 0.79%

Expense Ratio 0.79%

This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions for Baroda BNP Paribas Credit Risk Fund Direct Growth

The current NAV of Baroda BNP Paribas Credit Risk Fund Direct Growth is ₹23.01 as on 30-Oct-2024.
Existing (Absolute + CAGR) as on 30-Oct-2024.
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%
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.
0.79% as on September 2024
₹166 Cr as on September 2024
Tata Projects Limited(7.88%), JSW Steel Limited(7.83%), Godrej Housing Finance Limited(7.25%), Piramal Capital & Housing Finance Limited(7.23%), Indostar Capital Finance Limited(6.62%) as on September 2024
Corporate(70.15%), Government(17.78%), Cash Equivalent(11.08%) as on September 2024
Yield to Maturity is 8.01 as on September 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 2.36 as on September 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
61.03
AAA
38.97
Mayank Prakash is the fund manager of Baroda BNP Paribas Credit Risk Fund Direct Growth
The Exit load of Baroda BNP Paribas Credit Risk Fund Direct Growth is 1%