Baroda BNP Paribas Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,247 Cr
Expense Ratio
0.30%
ISIN
INF955L01HA8
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jun 2018
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹1469.23, Assets Under Management (AUM) of 1247.36 Crores, and an expense ratio of 0.3%.
- Baroda BNP Paribas Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.33% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 30.50% in debts, and 69.28% in cash & cash equivalents.
- You can start investing in Baroda BNP Paribas Ultra Short Duration 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
+7.50%
+6.45% (Cat Avg.)
3 Years
+6.29%
+5.54% (Cat Avg.)
5 Years
+5.79%
+5.06% (Cat Avg.)
Since Inception
+6.33%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹380.5 Cr | 30.50% |
| Others | ₹866.86 Cr | 69.50% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹122.97 Cr | 9.86% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹59.93 Cr | 4.80% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹58.67 Cr | 4.70% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹52.68 Cr | 4.22% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹49.99 Cr | 4.01% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹49.78 Cr | 3.99% |
| Standard Chartered Investments And Loans (India) Limited | Cash - Commercial Paper | ₹48.91 Cr | 3.92% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹48.9 Cr | 3.92% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹48.2 Cr | 3.86% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹48.1 Cr | 3.86% |
| Canara Bank | Cash - CD/Time Deposit | ₹38.73 Cr | 3.11% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹32.72 Cr | 2.62% |
| Net Receivables / (Payables) | Cash - Collateral | ₹32.41 Cr | 2.60% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹31.72 Cr | 2.54% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹28.39 Cr | 2.28% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹28.01 Cr | 2.25% |
| National Housing Bank | Bond - Corporate Bond | ₹24.94 Cr | 2.00% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹24.91 Cr | 2.00% |
| Deutsche Investments India Private Limited | Cash - Commercial Paper | ₹24.68 Cr | 1.98% |
| 182 DTB 14112024 | Bond - Gov't/Treasury | ₹24.6 Cr | 1.97% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹24.6 Cr | 1.97% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.57 Cr | 1.97% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.38 Cr | 1.95% |
| Dmi Finance Private Limited | Cash - Commercial Paper | ₹24.27 Cr | 1.95% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹24.17 Cr | 1.94% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.03 Cr | 1.93% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹23.93 Cr | 1.92% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹23.41 Cr | 1.88% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹23.3 Cr | 1.87% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹18.61 Cr | 1.49% |
| Canara Bank | Cash - CD/Time Deposit | ₹18.58 Cr | 1.49% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹15.07 Cr | 1.21% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹15.02 Cr | 1.20% |
| Reliance Industries Limited | Bond - Corporate Bond | ₹14.96 Cr | 1.20% |
| National Housing Bank | Bond - Corporate Bond | ₹9.98 Cr | 0.80% |
| JM Financial Products Limited | Bond - Corporate Bond | ₹9.9 Cr | 0.79% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹9.62 Cr | 0.77% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹9.36 Cr | 0.75% |
| 360 One Prime Ltd. 9.22% | Bond - Corporate Bond | ₹7.98 Cr | 0.64% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹4.98 Cr | 0.40% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.40% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹4.85 Cr | 0.39% |
| Canara Bank | Cash - CD/Time Deposit | ₹4.85 Cr | 0.39% |
| Corporate Debt Market Development Fund # | Mutual Fund - Open End | ₹2.74 Cr | 0.22% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹460.67 Cr | 36.93% |
| Bond - Corporate Bond | ₹435.47 Cr | 34.91% |
| Cash - Commercial Paper | ₹168.51 Cr | 13.51% |
| Cash - Repurchase Agreement | ₹122.97 Cr | 9.86% |
| Cash - Collateral | ₹32.41 Cr | 2.60% |
| Bond - Gov't/Treasury | ₹24.6 Cr | 1.97% |
| Mutual Fund - Open End | ₹2.74 Cr | 0.22% |
Risk & Performance Ratios
Standard Deviation
This fund
0.53%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
1.12
Cat. avg.
-0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.38
Higher the better
Fund Managers
Prashant Pimple
Since July 2024
Vikram Pamnani
Since March 2022
Additional Scheme Detailsas of 15th August 2024
ISIN | INF955L01HA8 | Expense Ratio | 0.30% | Exit Load | No Charges | Fund Size | ₹1,247 Cr | Age | 01 Jun 2018 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short Duration Debt 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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹236.10 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹551.95 Cr | 6.6% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1247.36 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1247.36 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.99 Cr | 7.4% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹195.99 Cr | 6.6% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2139.50 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7599.90 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹250.38 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹250.38 Cr | 7.6% |
About the AMC
Total AUM
₹41,385 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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- Prashant Pimple
- Vikram Pamnani
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