April 30, 2025
mayank
Baroda BNP Paribas Gilt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 46.9738
NAV IDCW: Rs 34.4835
Suitable For Which Investors?
“This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
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 an investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme aims to generate income by investing in a portfolio of government securities. The corpus will be invested in sovereign securities issued by Central and State governments.
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) Prashant R Pimple
Education: Mr. Pimple is a MBA (Finance) and CTM.
Experience: Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with JM Mutual Fund, Nippon India Mutual Fund, Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Baroda BNP Paribas Gilt Fund
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.08% |
| Benchmark | CRISIL Dynamic Gilt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 1,627 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.14% |
| (As on 31-Mar-2025) | |
| Risk Grade | Below Average |
| Return Grade | Average |
Trailing Returns (%) of Baroda BNP Paribas Gilt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Gilt Dir | 5.22 | 0.31 | 2.24 | 4.28 | 6.62 | 12.69 | 8.75 | 6.73 | 7.91 | 7.54 |
| CCIL All Sovereign Bond – TRI | 5.44 | 0.28 | 2.39 | 4.62 | 6.58 | 13.32 | 9.45 | 7.11 | 8.86 | 8.33 |
| Debt: Gilt | 5.16 | 0.36 | 2.26 | 4.39 | 6.22 | 12.31 | 8.59 | 6.95 | 8.41 | 8.13 |
| Rank within category | 13 | 20 | 14 | 19 | 1 | 9 | 9 | 13 | 16 | 18 |
| Number of funds in category | 23 | 24 | 24 | 24 | 23 | 23 | 21 | 20 | 20 | 20 |
Peer Comparison of Baroda BNP Paribas Gilt 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 Gilt Dir | 4 star | 12.69 | 8.75 | 6.73 | 0.14 | 1,627 | 8.08 | — | 12Y 3M |
| SBI Magnum Gilt Dir | 5 star | 12.68 | 9.20 | 7.50 | 0.46 | 11,489 | 9.47 | — | 12Y 3M |
| ICICI Pru Gilt Dir | 5 star | 11.66 | 9.01 | 7.60 | 0.56 | 7,133 | 8.82 | — | 12Y 3M |
| Tata GSF Dir | 4 star | 12.13 | 9.05 | 6.66 | 0.29 | 1,003 | 8.34 | — | 12Y 3M |
| Invesco India Gilt Dir | 4 star | 13.30 | 9.00 | 6.53 | 0.46 | 953 | 7.89 | — | 12Y 3M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 22 | 14 |
| Macaulay Duration (yrs) | 7.29 | 8.85 |
| Average Maturity (yrs) | 11.92 | 18.91 |
| Yield to Maturity (%) | 6.76 | 6.88 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Gilt Fund
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