Baroda BNP Paribas Dynamic Bond Fund Direct Growth

Baroda BNP Paribas Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mayank Prakash. This fund is suitable to keep your money safe.

1. Baroda BNP Paribas Dynamic Bond Fund Direct Growth has ₹150 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.7.
   

Baroda BNP Paribas Dynamic Bond Fund Direct Growth has given a CAGR return of 8.07% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.22%, 6.72% and 6.55% respectively.

Baroda BNP Paribas Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Consumer Cyclical, Financial Services, Cash Equivalent, Industrial, Basic Materials. Its top holdings are 7.1% Govt Stock 2034, 7.18% Govt Stock 2033, 7.25% Govt Stock 2063, 7.23% Govt Stock 2039, 7.34% Govt Stock 2064

As it is a dynamic 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 through investments in a range of Debt and Money Market Instruments of various maturities with a view to maximise income while maintaining an optimum balance between yield, safety and liquidity. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme / Plan(s) do 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 Dynamic Bond Fund Direct Growth has no lock in period.