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  • AUM

    ₹ 1358.39 Crores

    As on 31-10-2024
  • Benchmark

    Benchmark Riskometer

    Riskometer

    *Investors should consult their financial advisers if in doubt about whether the product is suitable for them

    CRISIL Ultra Short Duration Debt A-I Index

  • Inception Date

    01-06-2018

  • Expense Ratio (Base)

    0.44%
    As on 12-09-2024

Holdings (Top 5)

182 Days Tbill (MD 28/11/2024)
7.33%
Power Finance Corporation Limited
6.61%
Canara Bank
6.35%
ICICI Bank Limited
5.76%
Axis Bank Limited
5.49%
See All Holdings

Instrument Break Up (Top 5)

  • Money Market Instruments

  • Corporate Debt

  • Government Securities/State Development Loans

  • Net Receivables / (Payables)

Credit Rating Profile (Top 5)

  • A1+/AAA/Sovereign: 89.00

  • Cash & Cash equivalents: 5.70

  • AA+: 4.00

  • AA: 1.30

Fund Performance

1 year
3 years
5 years
Since inception
Regular Plan 7.43% 6.35% 5.61% 6.17%
CRISIL Ultra Short Duration Debt A-I Index** 7.67% 6.49% 5.87% 6.40%
CRISIL 1 Year T-Bill Index*** 7.54% 5.97% 5.52% 6.03%
Value of ₹10,000 Invested In
1 year
3 years
5 years
Since inception
Regular Plan 10745.57 12033.54 13140.74 14689.58
CRISIL Ultra Short Duration Debt A-I Index** 10768.97 12083.91 13302.88 14892.24
CRISIL 1 Year T-Bill Index*** 10756.42 11904.16 13087.19 14562.61

Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns do not take into account the load, if any. Returns are for growth option. Different plans shall have a different expense structure. The performance details provided above are for regular/distributor plan.

Please refer below for fund manager details and performance of other funds managed by the Fund Manager(s)

**Benchmark & ***Additional Benchmark

Data As on 31st Oct 2024 or specified otherwise.

Fund Details

The primary objective of the Scheme is to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months 6 months. However there can be no assurance that the investment objective os the scheme will be realized. The scheme does not gurantee/indicate any returns.

Entry Load : Not Applicable
Exit Load: No exit load will be charged for Income Distribution cum capital withdrawal option reinvestment units. Transaction charges, if applicable, shall be deducted. The above mentioned load structure is also applicable to SIP investments.

Lumpsum Details:
Minimum Application Amount: ₹ 5,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount: ₹ 1,000 and in multiple of ₹ 1 thereafter

(i) Daily, Weekly, Monthly SIP: ₹ 500/- and in multiples of ₹ 1/- thereafter;
(ii) Quarterly SIP: ₹ 1500/- and in multiples of ₹ 1/- thereafter. There is no upper limit

₹ 1000/Installment - 6 Installments - Frequency - Daily/Weekly/Fortnightly/Monthly/
₹ 1500/Installment - 4 Installments - Frequency - Quarterly

Withdrawal must be for a minimum amount of ₹ 1,000/- or in multiples of Re.1/- thereafter, in Weekly / Monthly SWP and ₹ 1,500/- and in multiples of Re.1/- thereafter, in Quarterly SWP.

Baroda BNP Paribas Ultra Short Duration Fund

An open ended ultra short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months. A relatively low interest rate risk and moderate credit risk

This product is suitable for investors who are seeking*:
- Regular income with convenience of liquidity over ultra-short term.
- Investments in a basket of debt and money market instruments such that the Macaulay duration? of the portfolio is between 3 months and 6 months.

Scheme Riskometer^^

2

Benchmark (Tier 1) Riskometer^^

2

^^Riskometer For Scheme: basis it's portfolio, For Benchmark (CRISIL Ultra Short Duration Debt A-I Index): basis it's constituents; as on November 30, 2024

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Concept of Macaulay duration: ^The Macaulay Duration is a measure of a bond's sensitivity to interest rate changes. It is expressed in annual terms. It is the weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Factors like a bond's price, maturity, coupon, yield to maturity among others impact the calculation of Macaulay duration.

Fund Manager

Vikram Pamnani

Vikram Pamnani

Fund Manager - Fixed Income

Managing this fund since March 2022

Performance of Other Funds Managed by Vikram Pamnani
Gurvinder Singh Wasan

Gurvinder Singh Wasan

CFA, Fund Manager

Managing this fund since October 2024

Performance of Other Funds Managed by Gurvinder Singh Wasan