Baroda BNP Paribas Medium Duration Fund Direct Growth

Baroda BNP Paribas Medium Duration Fund Direct Growth

Compare
Debt
Direct
Medium Duration
NAV: ₹ 18.53 as on 13-06-2024

About the Fund

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.

Key Parameters

  1. Baroda BNP Paribas Medium Duration Fund Direct Growth has ₹29 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.

Returns

Baroda BNP Paribas Medium Duration Fund Direct Growth has given a CAGR return of 6.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.69%, 5.20% and 6.56% respectively.

Holdings

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, 7.32% Govt Stock 2030, Rec Limited, Food Corporation Of India, National Highways Authority Of India

Taxation

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.

Investment objective of Baroda BNP Paribas Medium Duration Fund Direct Growth

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 and lockin period

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.

Fund Performance

Overview

Expense ratio
Expense ratio
0.69%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹29 Cr
Inception Date
Inception Date
5 March, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
428.96%

Baroda BNP Paribas Medium Duration Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
85.1%
AA
14.9%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
45.4%
Corporate
43.5%
Cash Equivalent
11.1%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 28.9 Cr
₹ 27.8 Cr
₹ 28.5 Cr
  • AUM of the fund stands at 28.9 Cr as of Apr'24
  • AUM increased by 1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Baroda BNP Paribas Medium Duration Fund Direct Growth as on (31-May-24)

  • Debt & Cash

Debt Holdings16
Holdings
Weight%
1M Change
06.91 MH Sdl 2033
06.91 MH Sdl 2033
13.19%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
10.34%
100%
Rec Limited
Rec Limited
8.95%
0%
Food Corporation Of India
Food Corporation Of India
7.13%
0%
National Highways Authority Of India
National Highways Authority Of India
7.03%
0%

Mutual Fund Insights

Insights icon
In the last 1 year, Kotak Medium Term Direct Growth has given 8.65% return, outperforming this fund by 1.96%.
Insights icon
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.69% which is lower than the category average expense ratio of 0.84%.
Insights icon
In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.58% return, outperforming this fund by 3.02% per annum.
Insights icon
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.22% return, outperforming this fund by 8.02% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 18.9% drop in AUM moving from 36.17 Cr to 29.35 Cr.

Fund Manager

Mayank Prakash
Mayank Prakash
Fund Manager of Baroda BNP Paribas Medium Duration Fund Direct Growth, since 23 August 2017

Baroda BNP Paribas Medium Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.18% since inception which is more than its category average return of 4.42%
AUM size ₹29 Cr

AUM size ₹29 Cr

This fund has AUM of ₹29 Cr which is less than its category average of ₹ 1528 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 0.97%

Frequently Asked Questions

The current NAV of Baroda BNP Paribas Medium Duration Fund Direct Growth is ₹18.53 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Baroda BNP Paribas Medium Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.65%
0.65%
6 Month Returns
4.01%
4.01%
1 Year Returns
6.69%
6.69%
3 Years Returns
16.43%
5.2%
5 Years Returns
37.39%
6.56%
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.
0.69% as on May 2024
₹29 Cr as on May 2024
06.91 MH Sdl 2033(13.19%), 7.32% Govt Stock 2030(10.34%), Rec Limited(8.95%), Food Corporation Of India(7.13%), National Highways Authority Of India(7.03%) as on May 2024
Government(44.69%), Corporate(35.97%), Cash Equivalent(19.35%) as on May 2024
Yield to Maturity is 7.69 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 3.64 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.12
AA
14.88
Mayank Prakash is the fund manager of Baroda BNP Paribas Medium Duration Fund Direct Growth
The Exit load of Baroda BNP Paribas Medium Duration Fund Direct Growth is 1%