February 20, 2024
mayank
Baroda BNP Paribas Medium Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 18.1429
Yearly NAV IDCW: Rs 11.4436
Monthly NAV IDCW: Rs 10.6546
NAV Calendar Quarterly: Rs 10.3092
Suitable For Which Investors?
“Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.”
Fund’s Investment Strategy:
The Scheme seeks to optimize returns by from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 year and 4 years.
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 | 1% for redemption Within 365 days |
Basic Details
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 05-Mar-14 |
| Return Since Launch | 6.16% |
| Benchmark | CRISIL Medium Duration Debt B-III Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 28 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.69% |
| (As on 31-Jan-2024) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
Trailing Returns (%) of Baroda BNP Paribas Medium Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Medium Duration Dir | 1.34 | 0.04 | 0.93 | 2.15 | 3.76 | 8.10 | 5.17 | 4.04 | 4.51 | — |
| VR Bond* | 1.80 | 0.07 | 1.33 | 2.81 | 4.33 | 7.88 | 5.10 | 5.85 | 5.89 | — |
| Debt: Medium Duration* | 1.19 | 0.00 | 0.76 | 2.19 | 3.83 | 7.92 | 6.47 | 6.27 | 6.75 | — |
| Rank within category* | 4 | 1 | 2 | 9 | 10 | 7 | 12 | 12 | 12 | — |
| Number of funds in category* | 16 | 16 | 16 | 16 | 16 | 16 | 15 | 13 | 12 | 7 |
Peer Comparison of Baroda BNP Paribas Medium Duration 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 Medium Duration Dir | 2 star | 8.10 | 5.17 | 4.04 | 0.69 | 28 | 6.16 | 1.00 (365) | 9Y 11M |
| ICICI Pru Medium Term Bond Dir | 4 star | 8.06 | 6.62 | 8.03 | 0.74 | 6,409 | 8.47 | 1.00 (365) | 11Y 1M |
| Axis Strategic Bond Dir | 4 star | 8.60 | 6.61 | 7.56 | 0.39 | 1,944 | 8.58 | 1.00 (365) | 11Y 1M |
| ABSL Medium Term Dir | 5 star | 8.13 | 13.51 | 9.37 | 0.85 | 1,889 | 9.42 | 2.00 (365) | 11Y 1M |
| HSBC Medium Duration Dir | 4 star | 8.34 | 6.05 | 7.34 | 0.40 | 834 | 7.80 | — | 9Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 16 | 36 |
| Macaulay Duration (yrs) | 3.81 | 3.74 |
| Average Maturity (yrs) | 4.92 | 5.10 |
| Yield to Maturity (%) | 7.92 | 7.88 |
| Avg Credit Rating | AAA | — |
How to Invest in Baroda BNP Paribas Medium Duration Fund?
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Medium Duration Fund
Apply Online: https://mfs.kfintech.com/barodabnpparibasmf
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-medium-term-plan/