Baroda BNP Paribas Low Duration Fund Direct Growth

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.

1. Baroda BNP Paribas Low Duration Fund Direct Growth has ₹284 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.3.
   

Baroda BNP Paribas Low Duration Fund Direct Growth has given a CAGR return of 7.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.90%, 6.89% and 6.36% 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 Indian Railway Finance Corporation Limited, Power Finance Corporation Ltd., Union Bank Of India, Kotak Mahindra Bank Limited, Indian 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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
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.