February 19, 2024
mayank
Baroda BNP Paribas Dynamic Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 45.2406
Weekly NAV IDCW: Rs 10.0961
NAV IDCW Quarterly: Rs 10.6302
Suitable For Which Investors?
“Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme aims to generate income through investments in a range of debt and money market instruments of various maturities to maximize income while maintaining an optimum balance between yield, safety and liquidity.
Fund Manager:
1) Mayank Prakash
Education: Mr. Prakash is a Chartered Accountant and MBA (Finance).
Experience: Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Kotak AMC.
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
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.86% |
| Benchmark | CRISIL Dynamic Bond B-III Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 137 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.71% |
| (As on 31-Jan-2024) | |
| Risk Grade | Average |
| Return Grade | Above Average |
Trailing Returns (%) of Baroda BNP Paribas Dynamic Bond Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Dynamic Bond Dir | 1.45 | -0.05 | 1.04 | 2.60 | 4.17 | 8.71 | 5.91 | 6.71 | 6.45 | 7.94 |
| VR Bond | 1.80 | 0.07 | 1.33 | 2.81 | 4.33 | 7.88 | 5.10 | 5.85 | 5.89 | 6.82 |
| Debt: Dynamic Bond | 1.74 | -0.03 | 1.26 | 2.81 | 4.33 | 8.44 | 6.00 | 7.23 | 6.87 | 8.28 |
| Rank within category | 19 | 18 | 16 | 17 | 14 | 8 | 10 | 17 | 13 | 14 |
| Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 | 22 | 21 | 18 | 17 |
Peer Comparison of Baroda BNP Paribas Dynamic 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 Dynamic Bond Dir | 3 star | 8.71 | 5.91 | 6.71 | 0.71 | 137 | 7.86 | — | 11Y 1M |
| ICICI Pru All Seasons Bond Dir | 5 star | 8.60 | 6.62 | 8.52 | 0.56 | 11,699 | 9.74 | 0.25 (30) | 11Y 1M |
| SBI Dynamic Bond Dir | 4 star | 9.15 | 6.12 | 8.29 | 0.61 | 2,968 | 8.25 | 0.25 (30) | 11Y 1M |
| ABSL Dynamic Bond Dir | 5 star | 8.31 | 7.12 | 6.41 | 0.64 | 1,710 | 7.60 | 0.50 (90) | 11Y 1M |
| HDFC Dynamic Debt Dir | 4 star | 8.66 | 6.99 | 7.18 | 0.69 | 643 | 7.73 | — | 11Y 1M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 9 | 23 |
| Macaulay Duration (yrs) | 4.64 | 6.39 |
| Average Maturity (yrs) | 6.08 | 10.82 |
| Yield to Maturity (%) | 7.25 | 7.42 |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in Baroda BNP Paribas Dynamic Bond Fund?
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Dynamic Bond Fund
Apply Online: https://mfs.kfintech.com/barodabnpparibasmf
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-dynamic-bond-fund/