Fund Details
BNP Paribas Corporate Bond Fund Direct Dividend Quarterly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹300 |
| Expense Ratio | 0.26% |
| NAV | ₹10.77 (20 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹24 Cr |
Returns
Comparison
1. Lower expense ratio - 0.25%
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 10.9% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 10.9% |
| Grasim Industries Ltd. | Construction | NCD | 8.9% |
| LIC Housing Finance Ltd. | Financial | Debenture | 8.7% |
| Reliance Industries Ltd. | Energy | NCD | 8.7% |
| Larsen & Toubro Ltd. | Construction | NCD | 8.7% |
| GOI | Sovereign | GOI Sec | 8.3% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 6.2% |
| Muthoot Finance Ltd. | Financial | Debenture | 4.2% |
| Bharat Petroleum Corpn. Ltd. | Energy | NCD | 4.2% |
Fund Managers
BNP Paribas Corporate Bond Fund Direct Dividend Quarterly Details
BNP Paribas Corporate Bond Fund Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Mayank Prakash, Vikram Pamnani is the Current Fund Manager of BNP Paribas Corporate Bond Fund Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹24 Cr and the Latest NAV as of 20 Jan 2021 is ₹10.77.
The BNP Paribas Corporate Bond Fund Direct Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is set to 300. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months, 0.50% if redeemed after 12 months but within 24 months and 0.25% if redeemed after 24 months but within 36 months
Investment Objective
The Scheme seeks to generate income and capital gains through investments predominantly in AA+ and above rated corporate bonds.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
