Baroda BNP Paribas Medium Duration Fund Direct Growth

Baroda BNP Paribas Medium Duration Fund Direct Growth is a debt fund. This fund was started on 5 March, 2014. The fund is managed by Mayank Prakash. This fund is suitable to keep your money safe.

1. Baroda BNP Paribas Medium Duration Fund Direct Growth has ₹28 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 Medium Duration Fund Direct Growth has given a CAGR return of 6.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.08%, 5.56% and 5.64% respectively.

Baroda BNP Paribas Medium Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 06.91 MH Sdl 2033, Rec Limited, Food Corporation Of India, National Highways Authority Of India, Muthoot Finance Limited

As it is a medium 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.

The investment objective of the Scheme is to seek to optimize returns by from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 year and 4 years. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does 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 Medium Duration Fund Direct Growth has no lock in period.