| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| BNP Paribas Short Term Fund | Debt | Moderately Low | 6.8% | 3star | ₹128 | |
| BNP Paribas Flexi Debt Fund | Debt | Moderate | 4.6% | 3star | ₹188 | |
| BNP Paribas Medium Term Fund | Debt | Moderate | 4.9% | 2star | ₹221 | |
| BNP Paribas Government Securities Fund | Debt | Moderately Low | 4.7% | 2star | ₹12 | |
| BNP Paribas Corporate Bond Fund | Debt | Moderate | 4.9% | 2star | ₹125 | |
| BNP Paribas Low Duration Fund | Debt | Low | 7.5% | 1star | ₹242 | |
| View All Top 10 Bnp Paribas Mutual Funds |
BNP Paribas Asset Management is present in over 30 countries and it is Europe's largest asset manager, managing asset over EUR 571* bn. This AMC boasts of having a world class and wide range of investment solutions that aims to optimize an investor's capital to the fullest.
BNP Paribas has a host of mutual funds that they offer across various market capitalization and categories. All these schemes are designed keeping in mind an investor's risk appetite and ideal investment duration.
They believe that their success mantra lies in their investment philosophy which is basically to invest with a highly disciplined approach. The AMC combines a top-down and bottom-up method of investing which compliments their 'growth- at a reasonable price' policy.
Their main target is to fuse local market knowledge, along with their vast experience in dealing with various market cycles across the globe.
If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.
Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.
Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.72% annualized returns in the last 3 years. In the last 1 year, it gave 6.85% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.85% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Mayank Prakash, Vikram Pamnani
| Launch Date | 1 Jan 2013 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹128Cr |
| 1Y Returns | 6.8% |
Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 7.85% annualized returns in the last 3 years. In the last 1 year, it gave 4.63% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.63% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Mayank Prakash, Vikram Pamnani
| Launch Date | 1 Jan 2013 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹188Cr |
| 1Y Returns | 4.6% |
Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 7.31% annualized returns in the last 3 years. In the last 1 year, it gave 4.88% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.88% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Mayank Prakash, Vikram Pamnani
| Launch Date | 4 Mar 2014 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹221Cr |
| 1Y Returns | 4.9% |
Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.59% annualized returns in the last 3 years. In the last 1 year, it gave 4.73% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.73% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Mayank Prakash, Vikram Pamnani
| Launch Date | 1 May 2013 |
|---|---|
| Min Investment Amt | ₹2,00,000 |
| Groww Rating | 2star |
| AUM | ₹12Cr |
| 1Y Returns | 4.7% |
Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 7.9% annualized returns in the last 3 years. In the last 1 year, it gave 4.92% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.92% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Mayank Prakash, Vikram Pamnani
| Launch Date | 1 Jan 2013 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹125Cr |
| 1Y Returns | 4.9% |
Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.81% annualized returns in the last 3 years. In the last 1 year, it gave 7.48% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.48% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Mayank Prakash, Vikram Pamnani
| Launch Date | 1 Jan 2013 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 1star |
| AUM | ₹242Cr |
| 1Y Returns | 7.5% |
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Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.
One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.
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