Debt
Direct
Low Duration
NAV as on 23-12-2024
₹ 42.03
Inception Returns
7.6%
/yr
Baroda BNP Paribas Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Gurvinder Wasan, Vikram Pamnani. This fund is suitable to keep your money safe.
Baroda BNP Paribas Low Duration Fund Direct Growth has given a CAGR return of 7.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.78%, 6.55% and 6.42% respectively.
Baroda BNP Paribas Low Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Industrial. Its top holdings are 7.93% Govt Stock 2033, National Bank For Agriculture And Rural Development, National Housing Bank, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Punjab National Bank
As it is a low duration 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 primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months. However, there can be no assurance that the investment objective of the Scheme will be realized. The Scheme does not guarantee / indicate any returns.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Baroda BNP Paribas Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.31% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹231 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 2.88% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (23-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in November were Financial Services, Corporate & Industrial
Baroda BNP Paribas Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 3.79% | 3.79% |
1 Year Returns | 7.78% | 7.78% |
3 Years Returns | 20.96% | 6.55% |
5 Years Returns | 36.48% | 6.42% |
AAA | 82.88 |
AA | 17.12 |