Fund Details
BNP Paribas Low Duration Fund Direct Dividend Weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹300 |
| Expense Ratio | 0.23% |
| NAV | ₹10.01 (20 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹380 Cr |
Returns
Comparison
1. Lower expense ratio - 0.21%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| REC Ltd. | Financial | Debenture | 6.1% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 6.0% |
| Bank Of Baroda | Financial | CD | 5.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 5.7% |
| Export-Import Bank Of India | Financial | CD | 5.7% |
| GOI | Sovereign | GOI Sec | 5.6% |
| Muthoot Finance Ltd. | Financial | Bonds/Deb | 5.0% |
| Bajaj Finance Ltd. | Financial | NCD | 3.2% |
| Muthoot Finance Ltd. | Financial | ZCB | 2.6% |
| GOI | Sovereign | GOI Sec | 2.3% |
Fund Managers
BNP Paribas Low Duration Fund Direct Dividend Weekly Details
BNP Paribas Low Duration Fund Direct Dividend Weekly 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 Low Duration Fund Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹380 Cr and the Latest NAV as of 20 Jan 2021 is ₹10.01.
The BNP Paribas Low Duration Fund Direct Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is set to 300. Minimum Lumpsum Investment is 5000.
Investment Objective
The Scheme seeks to provide income consistent with the prudent risk from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.
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.
