Debt
Direct
Banking & Psu
NAV as on 19-11-2024
₹ 12.24
▲0.1%
1D
Inception Returns
5.3%
/yr
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth is a debt fund. This fund was started on 17 December, 2020. The fund is managed by Mayank Prakash. This fund is suitable to keep your money safe.
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has given a CAGR return of 5.30% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.45% and 5.72% respectively.
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.17% Govt Stock 2030, ICICI Bank Limited, Power Grid Corporation Of India Limited, Export Import Bank Of India, National Highways Authority Of India
As it is a banking & psu 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 scheme seeks to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions and Municipal Bonds. However, there is no assurance or guarantee that the objective of the scheme will be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.39% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹27 Cr |
Inception Date | 17 December, 2020 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 1.52% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (19-Nov-24)
as on (31-Dec-69)
Top 2 Sectors in October were Government, Corporate
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.5% | 0.5% |
6 Month Returns | 4.47% | 4.47% |
1 Year Returns | 8.45% | 8.45% |
3 Years Returns | 18.15% | 5.72% |
5 Years Returns | 0% | 0% |
AAA | 100 |