Baroda BNP Paribas Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (18-Jun-25)
₹1398.620.02%1D
Returns (Since Inception)
5.75%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,569 Cr
Expense Ratio
0.23%
ISIN
INF955L01ID0
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
19 Jun 2019
About this fund
Baroda BNP Paribas Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Baroda BNP Paribas Mutual Fund. This fund has been in existence for 6 years, having been launched on 19-Jun-19.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹1398.62, Assets Under Management (AUM) of 1569.22 Crores, and an expense ratio of 0.23%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹1398.62, Assets Under Management (AUM) of 1569.22 Crores, and an expense ratio of 0.23%.
- Baroda BNP Paribas Money Market Fund Direct Growth has given a CAGR return of 5.75% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 12.32% in debts, and 87.61% in cash & cash equivalents.
- You can start investing in Baroda BNP Paribas Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.16%
+7.46% (Cat Avg.)
3 Years
+7.21%
+7.05% (Cat Avg.)
5 Years
+5.61%
+5.86% (Cat Avg.)
Since Inception
+5.75%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹193.28 Cr | 12.32% |
| Others | ₹1,375.94 Cr | 87.68% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹96.42 Cr | 6.14% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹93.82 Cr | 5.98% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹72.61 Cr | 4.63% |
| Power Finance Corp Ltd. | Cash - Commercial Paper | ₹72.47 Cr | 4.62% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹48.59 Cr | 3.10% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹48.58 Cr | 3.10% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.29 Cr | 3.08% |
| Export-Import Bank Of India | Cash - CD/Time Deposit | ₹48.2 Cr | 3.07% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹47.97 Cr | 3.06% |
| LIC Housing Finance Limited | Cash - Commercial Paper | ₹47.75 Cr | 3.04% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.72 Cr | 3.04% |
| Canara Bank | Cash - CD/Time Deposit | ₹47.69 Cr | 3.04% |
| National Bank For Agriculture & Rural Development** | Cash - CD/Time Deposit | ₹47.62 Cr | 3.03% |
| Kotak Mahindra Bank Limited (19/03/2026) | Cash - CD/Time Deposit | ₹47.58 Cr | 3.03% |
| Manappuram Finance Ltd. | Cash - Commercial Paper | ₹46.35 Cr | 2.95% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹38.13 Cr | 2.43% |
| Indian Bank | Cash - CD/Time Deposit | ₹30.48 Cr | 1.94% |
| 08.23 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹25.15 Cr | 1.60% |
| Deutsche Investments India Private Limited | Cash - Commercial Paper | ₹24.53 Cr | 1.56% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹24.31 Cr | 1.55% |
| Kotak Mahindra Bank Limited 2025 | Cash - CD/Time Deposit | ₹24.23 Cr | 1.54% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.2 Cr | 1.54% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.2 Cr | 1.54% |
| Tata Projects Limited | Cash - Commercial Paper | ₹24.13 Cr | 1.54% |
| Nuvama Wealth and Investment Ltd. | Cash - Commercial Paper | ₹24.03 Cr | 1.53% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹23.99 Cr | 1.53% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.95 Cr | 1.53% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹23.94 Cr | 1.53% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.9 Cr | 1.52% |
| Embassy Office Parks Reit | Cash - Commercial Paper | ₹23.86 Cr | 1.52% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹23.83 Cr | 1.52% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.82 Cr | 1.52% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹23.81 Cr | 1.52% |
| Ujjivan Small Finance Bank Limited | Bond - Corporate Bond | ₹23.64 Cr | 1.51% |
| Ujjivan Small Finance Bank Limited | Bond - Corporate Bond | ₹23.61 Cr | 1.50% |
| Indian Bank | Cash - CD/Time Deposit | ₹23.58 Cr | 1.50% |
| Nuvama Wealth Finance Limited | Cash - Commercial Paper | ₹23.41 Cr | 1.49% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹23.27 Cr | 1.48% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹19.34 Cr | 1.23% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹19.22 Cr | 1.22% |
| 06.90 Tn SDL 2025 | Bond - Gov't/Treasury | ₹15.06 Cr | 0.96% |
| Piramal Capital & Housing Finance Limited | Cash - Commercial Paper | ₹14.74 Cr | 0.94% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹14.48 Cr | 0.92% |
| Canara Bank | Cash - CD/Time Deposit | ₹14.41 Cr | 0.92% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹14.4 Cr | 0.92% |
| 07.47 GJ Sgs 2025 | Bond - Gov't/Treasury | ₹10.07 Cr | 0.64% |
| Canara Bank | Cash - CD/Time Deposit | ₹9.58 Cr | 0.61% |
| Net Receivables / (Payables) | Cash - Collateral | ₹3.11 Cr | 0.20% |
| Corporate Debt Market Development Fund # | Mutual Fund - Open End | ₹1.13 Cr | 0.07% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹784.72 Cr | 50.01% |
| Cash - Commercial Paper | ₹492.5 Cr | 31.38% |
| Bond - Gov't/Treasury | ₹146.7 Cr | 9.35% |
| Cash - Repurchase Agreement | ₹93.82 Cr | 5.98% |
| Bond - Corporate Bond | ₹47.25 Cr | 3.01% |
| Cash - Collateral | ₹3.11 Cr | 0.20% |
| Mutual Fund - Open End | ₹1.13 Cr | 0.07% |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.40%
Cat. avg.
0.55%
Lower the better
Sharpe Ratio
This fund
1.19
Cat. avg.
0.92
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.84
Higher the better
Fund Managers
GW
Gurvinder Wasan
Since October 2024
VP
Vikram Pamnani
Since March 2022
Additional Scheme Detailsas of 31st May 2025
ISIN | INF955L01ID0 | Expense Ratio | 0.23% | Exit Load | No Charges | Fund Size | ₹1,569 Cr | Age | 6 years | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bank of India Money Market Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹108.75 Cr | - |
| Bank of India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹108.75 Cr | - |
| Zerodha Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹4593.77 Cr | 6.1% |
| Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹2658.65 Cr | 8.4% |
| Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹2658.65 Cr | 8.1% |
| HSBC Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3247.48 Cr | 8.2% |
| ICICI Prudential Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹30001.49 Cr | 8.3% |
| Bandhan Money Manager Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹10885.31 Cr | 8.3% |
| Nippon India Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹17771.77 Cr | 8.3% |
| Invesco India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5898.58 Cr | 8.1% |
About the AMC
Total AUM
₹42,378 Cr
Address
Crescenzo, 7th Floor, G-Block, Mumbai, 400 051
Other Funds by Baroda BNP Paribas Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of Baroda BNP Paribas Money Market Fund Direct Growth?
The NAV of Baroda BNP Paribas Money Market Fund Direct Growth, as of 18-Jun-2025, is ₹1398.62.
What are the returns of Baroda BNP Paribas Money Market Fund Direct Growth?
The fund has generated 8.16% over the last 1 year and 7.21% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Baroda BNP Paribas Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 12.32% in bonds, and 87.61% in cash and cash equivalents.
Who manages the Baroda BNP Paribas Money Market Fund Direct Growth?
The fund managers responsible for Baroda BNP Paribas Money Market Fund Direct Growth are:-
- Gurvinder Wasan
- Vikram Pamnani
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.