Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth

Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth

Debt

Direct

Banking & Psu

NAV as on 19-11-2024

₹ 12.24

0.1%

1D

Inception Returns

5.3%

/yr

About Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth

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.

Key Parameters

  1. Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth has ₹27 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

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.

Holdings

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

Taxation

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.

Investment objective of Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
3 people have invested ₹ 1.5K in Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth in the last three months

Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth Overview

Expense ratio0.39%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹27 Cr
Inception Date17 December, 2020
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
1.52%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (19-Nov-24)

Period
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth
Banking and PSU Index
1M
0.5%
0.4%
3M
2.2%
1.6%
6M
4.5%
3.4%
1Y
8.5%
7.1%
3Y
5.7%
5.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.5%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
56.8%
Corporate
37.1%
Cash Equivalent
6.1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 26.9 Cr
₹ 26.9 Cr
₹ 27.2 Cr
  • AUM of the fund stands at 26.9 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone down from 6.8% to 6%
Cash allocation has gone down from 6.8% to 6%
Debt allocation has gone up from 92.7% to 93.4%
Debt allocation has gone up from 92.7% to 93.4%

Top 2 Sectors in October were Government, Corporate

Oct'24
Government
57%
Corporate
37%
Sep'24
Government
56%
Corporate
37%
  • Debt & Cash

Holdings
Weight%
1M Change
7.17% Govt Stock 2030
7.17% Govt Stock 2030
13.33%
0%
ICICI Bank Limited
ICICI Bank Limited
9.38%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
8.37%
0%
Export Import Bank Of India
Export Import Bank Of India
7.81%
0%
National Highways Authority Of India
National Highways Authority Of India
7.8%
0%
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Mayank Prakash
Mayank Prakash
Fund Manager of Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth, since 14 March 2022
Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total AUM
₹45.98K Cr
as on 31-Oct-2024
Address
Baroda BNP Paribas Mutual Fund,Crescenzo, 7th Floor, G-Block,,Bandra Kurla Complex
Phone
+912269209600
Website
service@barodabnpparibasmf.in

Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.3% since inception which is less than its category average return of 5.78%
AUM size ₹27 Cr

AUM size ₹27 Cr

This fund has AUM of ₹27 Cr which is less than its category average of ₹ 3581 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions for Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth

The current NAV of Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth is ₹12.24 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
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%
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.
0.39% as on October 2024
₹27 Cr as on October 2024
7.17% Govt Stock 2030(13.33%), ICICI Bank Limited(9.38%), Power Grid Corporation Of India Limited(8.37%), Export Import Bank Of India(7.81%), National Highways Authority Of India(7.8%) as on October 2024
Government(56.78%), Corporate(37.14%), Cash Equivalent(6.07%) as on October 2024
Yield to Maturity is 7.25 as on October 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 3.55 as on October 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Mayank Prakash is the fund manager of Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth
The Exit load of Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth is 0%