Baroda BNP Paribas Arbitrage Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 15.53 as on 25-04-2024
Fund Performance
19 people have invested ₹ 17.9L in Baroda BNP Paribas Arbitrage Direct Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 39.0% growth in AUM moving from 564.37 Cr to 784.23 Cr.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.18% return, outperforming this fund by 0.3% per annum.
Over the last 6 months, this fund has decreased expense ratio by 22.4% moving from 0.49 to 0.38.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.38% which is lower than the category average expense ratio of 0.7%.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.67% return, outperforming this fund by 0.22%.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.51% return, outperforming this fund by 0.5% per annum.
About the Baroda BNP Paribas Arbitrage Direct Growth
Baroda BNP Paribas Arbitrage Direct Growth is a hybrid fund. This fund was started on 28 December, 2016. The fund is managed by Vikram Pamnani. This fund gives you the benefit of diversification.
Key Parameters
- Baroda BNP Paribas Arbitrage Direct Growth has ₹784 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Baroda BNP Paribas Arbitrage Direct Growth Overview
 | 0.38% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹784 Cr |
 | 28 December, 2016 |
 | ₹5000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 646.74% |
Baroda BNP Paribas Arbitrage Direct Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
90.5%
AA
9.5%
Sector Allocation
Cash Equivalent
74.9%
Government
17.9%
Corporate
7.2%
Top Holdings of Baroda BNP Paribas Arbitrage Direct Growth as on (31-Mar-24)
Equity Holdings72
Debt Holdings16
Baroda BNP Paribas Arbitrage Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 784.2 Cr as of Mar'24
- AUM decreased by 12.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Baroda BNP Paribas Arbitrage Direct Growth Fund Manager
Vikram Pamnani
Fund Manager of Baroda BNP Paribas Arbitrage Direct Growth, since 16 March 2022
Top funds managed
Baroda BNP Paribas Arbitrage Direct Growth Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 6.21% since inception which is more than its category average return of 5.18%
AUM size ₹784 Cr
This fund has AUM of ₹784 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas Arbitrage Direct Growth is ₹15.53 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Baroda BNP Paribas Arbitrage Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.86% | 0.86% |
6 Month Returns | 4.39% | 4.39% |
1 Year Returns | 8.45% | 8.45% |
3 Years Returns | 19.15% | 6.01% |
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.
0.38% as on March 2024
₹784 Cr as on March 2024
HDFC Bank Ltd(6.37%), Tata Consultancy Services Ltd(3.9%), Reliance Industries Ltd(3.86%), Multi Commodity Exchange of India Ltd(3.62%), Glenmark Pharmaceuticals Ltd(3.56%) as on March 2024
Cash Equivalent(75.36%), Government(17.96%), Corporate(7.29%) as on March 2024
AAA | 90.49 |
AA | 9.51 |
Vikram Pamnani is the fund manager of Baroda BNP Paribas Arbitrage Direct Growth
The Exit load of Baroda BNP Paribas Arbitrage Direct Growth is 0.25%