Baroda BNP Paribas Credit Risk Fund Direct Growth
Debt
Direct
Credit Risk
NAV: ₹ 20.1 as on 31-03-2023
Fund Performance
61 people have invested ₹ 5.6L in mutual fund in the last three months
Fund Insights
In the last 1 year, Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth has given 8.41% return, outperforming Baroda BNP Paribas Credit Risk Fund Direct Growth by 2.64%
In the last 3 years, Bank of India Credit Risk Fund Direct Growth has given 12.37% return, outperforming Baroda BNP Paribas Credit Risk Fund Direct Growth by 2.11% per annum
In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.12% return, outperforming Baroda BNP Paribas Credit Risk Fund Direct Growth by 0.61% per annum
Baroda BNP Paribas Credit Risk Fund Direct Growth has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.78% which is lower than the category average expense ratio of 1.24%
Over the last 6 months, Baroda BNP Paribas Credit Risk Fund Direct Growth has experienced a 11.1% drop in AUM moving from 202.53 Cr to 180.05 Cr
Baroda BNP Paribas Credit Risk Fund Direct Growth Performance as on (31-Mar-23)
About the Fund
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 Alok Sahoo. This fund is suitable to keep your money safe.
Key parameters
1) Baroda BNP Paribas Credit Risk Fund Direct Growth has a NAV of ₹20.1027 as on 31-03-2023.
2) Baroda BNP Paribas Credit Risk Fund Direct Growth has ₹180 Cr worth of assets under management (AUM) as on 28-02-2023 and is less than category average.
3) The fund has an expense ratio 0.78 %.
Baroda BNP Paribas Credit Risk Fund Direct Growth Overview
 | 0.78% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹180 Cr |
 | 23 January, 2015 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 65.57% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AA
75.9%
AAA
23.9%
A
0.2%
Sector Allocation
Corporate
70.6%
Government
21.7%
Cash Equivalent
7.7%
Top Holdings of Baroda BNP Paribas Credit Risk Fund Direct Growth as on (31-Mar-23)
Debt Holdings17
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.42 9/22/2033 12:00:00 Am | 11.05% | 0% | |
The Tata Power Company Limited | 9.51% | 0% | |
Nuvoco Vistas Corporation Limited | 9.41% | 0% | |
Shriram Housing Finance Limited | 8.54% | 0% | |
Motilal Oswal Home Finance Limited | 6.76% | 0% |
See all
Baroda BNP Paribas Credit Risk Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.64% whereas the fund’s underlying benchmark Credit Risk Index returns stands at 0.31% as on Feb'23
- This fund outperformed Credit Risk Index by 0.33% in Feb'23
AUM Change
- AUM of the fund stands at 179.8 Cr as of Feb'23
- AUM decreased by 0.7 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
JSW Steel Limited's allocation increased from 4.4% to 4.46%
Shriram Housing Finance Limited's allocation increased from 8.49% to 8.54%
The Tata Power Company Limited's allocation increased from 9.48% to 9.51%
Top Stocks sold last month
JSW Steel Limited's allocation decreased from 4.45 % to 4.4 %
Piramal Capital & Housing Finance Limited's allocation decreased from 4.64 % to 3.77 %
Debt allocation has gone up from 87.9% to 92.3%
Cash allocation has gone down from 12.1% to 7.7%
Top 2 Sectors in February were Corporate, Government
Feb'23
Corporate
71%
Government
22%
Jan'23
Corporate
71%
Government
17%
Peer Analysis
Baroda BNP Paribas Credit Risk Fund Direct Growth Fund Manager
Alok Sahoo
Fund Manager of Baroda BNP Paribas Credit Risk Fund Direct Growth, since 23 January 2015
Top funds managed
Fund Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
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 5.2%
AUM size ₹180 Cr
This fund has AUM of ₹180 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.78%
This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.17%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas Credit Risk Fund Direct Growth is 20.06 as on 28-Mar-2023.
Existing (Absolute + CAGR)
Baroda BNP Paribas Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 3.62% | 3.62% |
1 Year Returns | 5.73% | 5.73% |
3 Years Returns | 34.57% | 10.4% |
5 Years Returns | 43.54% | 7.5% |
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.
0.78 as on March 2023
180 Cr as on March 2023
Yield to Maturity is 8.48 as on March 2023. 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 1.42 as on March 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 75.92 |
AAA | 23.89 |
A | 0.19 |
Alok Sahoo 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%