Baroda BNP Paribas Ultra Short Duration Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV: ₹ 1340.6 as on 31-05-2023
Fund Performance
Fund Insights
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 6.89% return, outperforming Baroda BNP Paribas Ultra Short Duration Fund Direct Growth by 0.08%
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 6.9% return, outperforming Baroda BNP Paribas Ultra Short Duration Fund Direct Growth by 2.05% per annum
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.22% which is lower than the category average expense ratio of 0.55%
Over the last 1 month, Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has experienced a 11.4% growth in AUM moving from 497.85 Cr to 554.55 Cr
About the Fund
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.
Key parameters
1) Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has a NAV of ₹1340.5924 as on 31-05-2023.
2) Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has ₹555 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.22 %.
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Overview
 | 0.22% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹555 Cr |
 | 1 June, 2018 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 331.56% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
94%
AA
6%
Sector Allocation
Corporate
48.8%
Cash Equivalent
28.6%
Government
22.6%
Top Holdings of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth as on (31-May-23)
Debt Holdings26
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Limited | 5.66% | 0% | |
Indian Railway Finance Corporation Limited | 4.21% | 0% | |
HDFC Bank Limited | 4.16% | 0% | |
Bajaj Finance Limited | 4.15% | 0% | |
Aditya Birla Finance Limited | 4.14% | 0% |
See all
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.51% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Apr'23
- This fund outperformed Ultra Short Duration Index by 0.09% in Apr'23
AUM Change
- AUM of the fund stands at 503.9 Cr as of Apr'23
- AUM increased by 185.7 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Fund Manager
Mayank Prakash
Fund Manager of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth, since 21 October 2022
Top funds managed
Vikram Pamnani
Fund Manager of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth, since 14 March 2022
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.04% since inception which is less than its category average return of 7.13%
AUM size ₹555 Cr
This fund has AUM of ₹555 Cr which is less than its category average of ₹ 2988 Cr
Expense Ratio 0.22%
This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.63%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth is ₹1340.59 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 3.72% | 3.72% |
1 Year Returns | 6.81% | 6.81% |
3 Years Returns | 15.26% | 4.85% |
5 Years Returns | 0% | 0% |
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.
0.22% as on May 2023
₹555 Cr as on May 2023
ICICI Bank Limited(5.66%), Indian Railway Finance Corporation Limited(4.21%), HDFC Bank Limited(4.16%), Bajaj Finance Limited(4.15%), Small Industries Development Bank Of India(4.14%) as on May 2023
Corporate(47.94%), Government(26.78%), Cash Equivalent(25.28%) as on May 2023
Yield to Maturity is 7.29 as on May 2023. 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 0.36 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 94.02 |
AA | 5.98 |
Mayank Prakash, Vikram Pamnani are the fund managers of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth
The Exit load of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth is 0%