Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Low Duration
Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vikram Pamnani, Mayank Prakash. This fund is suitable to keep your money safe.

Key Parameters

  1. Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has ₹231 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.46%, 5.35% and 5.75% respectively.

Holdings

Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Industrial, Government. Its top holdings are National Housing Bank, Axis Bank Limited, HDFC Bank Limited, ICICI Bank Ltd., Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)

Taxation

As it is a low duration 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 Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl

The primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months. However, there can be no assurance that the investment objective 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 Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.37%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹231 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
327.35%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
83.5%

AA
16.5%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
82.2%
Cash Equivalent
10.4%
Government
7.5%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
National Housing Bank
National Housing Bank
6.63%
0%
HDFC Bank Limited
HDFC Bank Limited
6.41%
0%
Axis Bank Limited
Axis Bank Limited
6.41%
0%
ICICI Bank Ltd.
ICICI Bank Ltd.
6.3%
0%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
6.22%
0%

Vikram Pamnani
Vikram Pamnani
Fund Manager of Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl, since 27 December 2017
Mayank Prakash
Mayank Prakash
Fund Manager of Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl, since 21 October 2022

Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 5.62% since inception which is more than its category average return of 4.97%
AUM size ₹231 Cr

AUM size ₹231 Cr

This fund has AUM of ₹231 Cr which is less than its category average of ₹ 3727 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is ₹10.1 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.08%
0.08%
6 Month Returns
2.82%
2.82%
1 Year Returns
6.46%
6.46%
3 Years Returns
16.92%
5.35%
5 Years Returns
32.26%
5.75%
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.
0.37% as on May 2024
₹231 Cr as on May 2024
National Housing Bank(6.63%), Axis Bank Limited(6.41%), HDFC Bank Limited(6.41%), ICICI Bank Ltd.(6.3%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(6.22%) as on May 2024
Corporate(82.2%), Cash Equivalent(10.35%), Government(7.45%) as on May 2024
Yield to Maturity is 7.73 as on May 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 0.7 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
83.5
AA
16.5
Vikram Pamnani, Mayank Prakash are the fund managers of Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Baroda BNP Paribas Low Duration Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is 0%