April 29, 2025
mayank
Baroda BNP Paribas Corporate Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 28.8679
NAV IDCW Yearly: Rs 11.5712
Quarterly NAV IDCW: Rs 10.6894
Suitable For Which Investors?
“Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The Scheme seeks to generate income and capital gains through investments predominantly in AA+ and above rated corporate bonds.
Fund Manager:
1) Gurvinder Singh Wasan
Education: Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University.
Experience: Prior to joining JM Mutual Fund, he has worked with Principal Mutual Fund, Crisil Ltd. and ICICI Bank Ltd.
2) Vikram Pamnani
Education: Mr. Pamnani holds PGDM in Finance.
Experience: Prior to joining Baroda BNP Paribas Mutual Fund, he worked with Essel Finance AMC Ltd. as Fund Manager, Canara Robeco AMC Ltd. as Fixed Income Dealer & Deutsche Bank as Process Executive.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Baroda BNP Paribas Corporate Bond Fund
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.08% |
| Benchmark | CRISIL Corporate Debt A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 196 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.20% |
| (As on 31-Mar-2025) | |
| Risk Grade | High |
| Return Grade | Average |
Trailing Returns (%) of Baroda BNP Paribas Corporate Bond Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Corporate Bond Dir | 3.92 | 0.02 | 1.53 | 3.23 | 5.10 | 10.21 | 7.36 | 6.63 | 5.85 | 6.60 |
| VR Bond | 3.34 | -0.01 | 1.18 | 2.63 | 4.48 | 9.24 | 7.41 | 5.73 | 6.51 | 6.50 |
| Debt: Corporate Bond | 3.87 | 0.08 | 1.53 | 3.24 | 5.13 | 9.96 | 7.43 | 7.06 | 7.55 | 7.62 |
| Rank within category | 8 | 10 | 6 | 11 | 13 | 6 | 13 | 16 | 14 | 12 |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 20 | 18 | 14 | 12 |
Peer Comparison of Baroda BNP Paribas Corporate Bond Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Baroda BNP Paribas Corporate Bond Dir | 2 star | 10.21 | 7.36 | 6.63 | 0.20 | 196 | 7.08 | — | 12Y 3M |
| HDFC Corporate Bond Dir | 4 star | 10.07 | 7.74 | 7.36 | 0.36 | 32,527 | 8.23 | — | 12Y 3M |
| ICICI Pru Corporate Bond Dir | 5 star | 9.45 | 7.91 | 7.42 | 0.35 | 29,929 | 8.28 | — | 12Y 3M |
| Kotak Corporate Bond Dir | 4 star | 10.07 | 7.58 | 7.11 | 0.34 | 14,639 | 8.12 | — | 12Y 3M |
| Nippon India Corporate Bond Dir | 4 star | 10.39 | 7.98 | 7.59 | 0.36 | 6,738 | 8.11 | — | 12Y 3M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 25 | 81 |
| Macaulay Duration (yrs) | 3.78 | 3.32 |
| Average Maturity (yrs) | 4.89 | 4.73 |
| Yield to Maturity (%) | 7.21 | 7.24 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Corporate Bond Fund
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