Baroda BNP Paribas Ultra Short Duration Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV: ₹ 1430.42 as on 22-04-2024
Fund Performance
2 people have invested ₹ 7L in Baroda BNP Paribas Ultra Short Duration Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 1 year, this fund has increased expense ratio by 36.4% moving from 0.22 to 0.30.
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.56%.
Over the last 1 month, this fund has experienced a 34.8% growth in AUM moving from 1.05K Cr to 1.42K Cr.
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.54% return, outperforming this fund by 1.65% per annum.
In the last 5 years, ICICI Prudential Ultra Short Term Fund Direct Plan Growth has given 6.6% return, outperforming this fund by 0.73% per annum.
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.76% return, outperforming this fund by 0.21%.
About the Baroda BNP Paribas Ultra Short Duration Fund Direct Growth
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 Vikram Pamnani, Mayank Prakash. This fund is suitable to keep your money safe.
Key Parameters
- Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has ₹1425 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Overview
 | 0.3% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1425 Cr |
 | 1 June, 2018 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 433.69% |
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
86%
AA
14%
Sector Allocation
Corporate
49.7%
Cash Equivalent
36.6%
Government
13.7%
Top Holdings of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth as on (31-Mar-24)
Debt Holdings35
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Shriram Transport Finance Company Limited | 3.87% | 0% | |
Rural Electrification Corporation Limited | 3.5% | -41.2% | |
Small Industries Development Bank Of India | 3.47% | 0% | |
Kotak Mahindra Bank Limited | 3.38% | 0% | |
HDFC Bank Limited | 3.35% | 0% |
See all
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 937.6 Cr as of Mar'24
- AUM decreased by 493.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Fund Manager
Vikram Pamnani
Fund Manager of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth, since 14 March 2022
Top funds managed
Mayank Prakash
Fund Manager of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth, since 21 October 2022
Top funds managed
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.26% since inception which is less than its category average return of 7.19%
AUM size ₹1425 Cr
This fund has AUM of ₹1425 Cr which is less than its category average of ₹ 2935 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas Ultra Short Duration Fund Direct Growth is ₹1430.42 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 3.81% | 3.81% |
1 Year Returns | 7.55% | 7.55% |
3 Years Returns | 18.71% | 5.88% |
5 Years Returns | 33.04% | 5.88% |
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.
0.3% as on March 2024
₹1425 Cr as on March 2024
Shriram Transport Finance Company Limited(3.87%), Rural Electrification Corporation Limited(3.5%), Small Industries Development Bank Of India(3.47%), Kotak Mahindra Bank Limited(3.38%), HDFC Bank Limited(3.35%) as on March 2024
Corporate(49.67%), Cash Equivalent(36.61%), Government(13.73%) as on March 2024
Yield to Maturity is 7.63 as on March 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 0.43 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 86.01 |
AA | 13.99 |
Vikram Pamnani, Mayank Prakash 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%