Baroda BNP Paribas Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 June, 2018. The fund is managed by Mayank Prakash, Vikram Pamnani. This fund is suitable to keep your money safe.
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.51%, 6.17% and 5.82% respectively.
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are HDFC Bank Limited, Kotak Mahindra Bank Limited, Punjab National Bank, Axis Bank Limited, Union Bank Of India
As it is a ultra short 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 primary objective of the Scheme is to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months 6 months. However there can be no assurance that the investment objective os the scheme will be realized. The scheme does not gurantee/indicate any returns.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.3% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹1535 Cr |
Inception Date | 1 June, 2018 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 433.69% |
Risk | Low to Moderate Risk |
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 3.84% | 3.84% |
1 Year Returns | 7.51% | 7.51% |
3 Years Returns | 19.69% | 6.17% |
5 Years Returns | 32.67% | 5.82% |
AAA | 96 |
AA | 4 |