February 21, 2024
mayank
Baroda BNP Paribas Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 28.2458
Quarterly NAV IDCW: Rs 11.1315
NAV IDCW Monthly: Rs 10.3246
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one 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. There have been instances when short duration funds have incurred losses.
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 investment objective of the Scheme is to generate income from a portfolio constituted of short term debt and money market securities.
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) 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
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.88% |
| Benchmark | CRISIL SD Debt B-II Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 226 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.38% |
| (As on 31-Jan-2024) | |
| Risk Grade | Average |
| Return Grade | Average |
Trailing Returns (%) of Baroda BNP Paribas Short Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Short Duration Dir | 1.24 | 0.11 | 0.85 | 2.05 | 3.90 | 8.20 | 5.74 | 6.79 | 7.00 | 7.84 |
| CCIL T Bill Liquidity Weight | 0.61 | -0.01 | 0.34 | 1.16 | 2.28 | 4.67 | 3.12 | 3.27 | 3.52 | 4.02 |
| Debt: Short Duration | 1.15 | 0.12 | 0.76 | 2.10 | 3.81 | 7.71 | 6.08 | 6.74 | 6.74 | 7.72 |
| Rank within category | 2 | 18 | 4 | 18 | 7 | 3 | 9 | 14 | 7 | 7 |
| Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 | 21 | 21 | 18 | 18 |
Peer Comparison of Baroda BNP Paribas Short 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 Short Duration Dir | 3 star | 8.20 | 5.74 | 6.79 | 0.38 | 226 | 7.88 | — | 11Y 1M |
| ICICI Pru Short Term Dir | 4 star | 8.37 | 6.47 | 8.00 | 0.45 | 18,691 | 8.53 | — | 11Y 1M |
| HDFC Short Term Debt Dir | 4 star | 8.04 | 5.86 | 7.44 | 0.37 | 14,373 | 8.03 | — | 11Y 1M |
| Axis Short Term Dir | 4 star | 7.87 | 5.79 | 7.44 | 0.31 | 7,541 | 8.13 | — | 11Y 1M |
| ABSL Short Term Dir | 4 star | 8.10 | 6.21 | 7.70 | 0.38 | 6,778 | 8.63 | — | 11Y 1M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 20 | 46 |
| Macaulay Duration (yrs) | 2.60 | 2.71 |
| Average Maturity (yrs) | 3.01 | 3.45 |
| Yield to Maturity (%) | 7.67 | 7.65 |
| Avg Credit Rating | AAA | — |
How to Invest in Baroda BNP Paribas Short Duration Fund?
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Short Duration Fund
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