February 20, 2024
mayank
Baroda BNP Paribas Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 2,760.9473
Weekly NAV IDCW: Rs 1,220.0237
Daily NAV IDCW: Rs 1,002.0849
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme aims to generate income with high liquidity by investing in a portfolio of money market and debt instruments.
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.
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 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.86% |
| Benchmark | CRISIL Liquid Debt B-I |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 8,859 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.19% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | High |
Trailing Returns (%) of Baroda BNP Paribas Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Liquid Dir | 0.99 | 0.02 | 0.61 | 1.82 | 3.59 | 7.23 | 5.36 | 5.29 | 5.84 | 6.59 |
| CCIL T Bill Liquidity Weight | 0.63 | 0.05 | 0.42 | 1.21 | 2.28 | 4.69 | 3.15 | 3.27 | 3.53 | 4.03 |
| Debt: Liquid | 0.99 | 0.03 | 0.60 | 1.81 | 3.58 | 7.16 | 5.27 | 5.20 | 5.74 | 6.49 |
| Rank within category | 21 | 17 | 11 | 25 | 24 | 14 | 3 | 8 | 7 | 4 |
| Number of funds in category | 36 | 37 | 36 | 36 | 36 | 35 | 34 | 33 | 30 | 29 |
Peer Comparison of Baroda BNP Paribas Liquid 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 Liquid Dir | 5 star | 7.23 | 5.36 | 5.29 | 0.19 | 8,859 | 6.86 | 0.01 (1) | 11Y 1M |
| ABSL Liquid Dir | 5 star | 7.30 | 5.35 | 5.33 | 0.21 | 38,638 | 6.88 | 0.01 (1) | 11Y 1M |
| Axis Liquid Dir | 4 star | 7.25 | 5.33 | 5.29 | 0.15 | 25,538 | 6.84 | 0.01 (1) | 11Y 1M |
| UTI Liquid Dir | 4 star | 7.24 | 5.33 | 5.27 | 0.18 | 22,272 | 6.81 | 0.01 (1) | 11Y 1M |
| Mirae Asset Liquid Dir | 4 star | 7.24 | 5.33 | 5.27 | 0.12 | 11,106 | 6.67 | 0.01 (1) | 11Y 1M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 64 | 59 |
| Macaulay Duration (yrs) | 0.10 | 0.09 |
| Average Maturity (yrs) | 0.10 | 0.09 |
| Yield to Maturity (%) | 7.49 | 7.28 |
| Avg Credit Rating | AAA | — |
How to Invest in Baroda BNP Paribas Liquid Fund?
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Liquid Fund
Apply Online: https://mfs.kfintech.com/barodabnpparibasmf
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