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Unrated

Baroda Treasury Advantage Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment declined to
₹ 0.64 Lakh

₹ 10000

Monthly SIP Declined to
₹ 0.92 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in 6 months to 1 year time. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to 3 months maturity, from the one that invests in bonds maturing in 3-6 months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to the next one year in a Liquid fund.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -32.68 0.07 0.23 0.92 -5.53 -32.65 -35.99 -15.70 -6.84 -2.63 0.73
CCIL T Bill Liquidity Weight 2.06 0.00 0.02 0.22 0.86 1.90 3.89 4.12 4.31 4.69 4.78
Debt: Low Duration 3.37 0.05 0.16 2.20 2.91 3.08 6.10 4.98 6.05 6.73 7.14

As on 15-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Treasury Advantage Fund - Regular Plan
Unrated
Jun-09 -35.99 -15.70 -6.84 0.89 33
ICICI Prudential Savings Fund  | Invest Now
4 star
Sep-02 9.23 8.07 8.29 0.50 18,689
SBI Magnum Low Duration Fund  | Invest Online
5 star
Jul-07 8.35 7.74 7.83 1.04 8,548
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 9.37 7.93 8.23 1.07 5,969
Axis Treasury Advantage Fund  | Invest Online
5 star
Oct-09 8.84 7.95 7.93 0.61 4,955

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.44 (09-Sep-2019 - 16-Sep-2019) -28.55 (04-Mar-2020 - 11-Mar-2020)
Month 1.58 (10-Jan-2020 - 11-Feb-2020) -30.09 (12-Feb-2020 - 13-Mar-2020)
Quarter 3.29 (20-Aug-2013 - 19-Nov-2013) -33.31 (18-Feb-2020 - 19-May-2020)
Year 10.39 (20-Aug-2013 - 20-Aug-2014) -47.37 (03-Jun-2019 - 02-Jun-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -14.84 19.48 -1.03 -0.55 -12.57 -35.56
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Low Duration 4.56 3.72 0.95 1.91 0.20 -0.50

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 17 5 48
Modified Duration (yrs) 0.64 1.03 0.31 0.80
Average Maturity (yrs) 0.93 1.32 0.50 0.92
Yield to Maturity (%) 10.30 15.80 8.63 5.85

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 11.25% India Infoline Finance 2020 Debenture AA 2.95 - 27.32 27.32
equal 8.90% Indiabulls Housing Finance 26/09/2021 Bonds AA 0.00 - 13.07 13.07
equal 8.12% NHPC 22/03/2029 Debenture AAA 0.00 - 6.82 6.82
equal 9.50% Indusind Bank Bonds AA 0.32 - 2.62 2.62
equal 9.30% Dewan Housing Fin. Corpn. 16/08/2026 Bonds/NCDs D 0.35 - 2.13 1.30

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Alok Sahoo since 10-Jun-2009

Education: Mr. Sahoo is a B.E and PGDM from XIM Bhubaneshwar.

Experience: Prior to joining Baroda AMC he has worked with UTI Mutual Fund and HSBC Mutual Fund.

Funds Managed:

— Hetal P Shah since 10-Jun-2009

Education: Ms. Hetal P. Shah is a B.Com, MBA, and JAIIB.

Experience: Prior to joining Baroda AMC she has worked with Bank of India from may 1999.

Funds Managed:


0.07%

Change from previous, NAV as on 15-Jul-2020

Growth: ₹ 1,131.0911

Dividend Weekly: ₹ 532.8997

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Dividend Monthly: ₹ 533.8198

Dividend Daily: ₹ 536.7561


Investment Strategy

The fund aims to generate regular returns from investments in fixed income instruments, while maintaining adequate liquidity. The fund will invest a minimum of 65% of its assets in money market instruments while investing the rest in debt instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Exit Load 3% for redemption within 90 days
2% for redemption between 91 - 180 days
1% for redemption between 181 - 365 days

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 29-Jun-2009
Return Since Launch: 1.12%
Benchmark: CRISIL Low Duration Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 33 Cr (As on 30-Jun-2020)
Expense: 0.89% (As on 31-Mar-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily02-May-20190.0604

 30-Apr-20190.5951
 26-Apr-20190.0871
 24-Apr-20190.1024
 16-Apr-20190.2163
 15-Apr-20190.3972
 11-Apr-20190.0625
 10-Apr-20190.1069
 29-Mar-20190.9538
 28-Mar-20190.3805
 27-Mar-20190.5209
 26-Mar-20190.0702
 25-Mar-20190.3472
 18-Mar-20190.6323
 15-Mar-20190.1757
 14-Mar-20190.8445
 13-Mar-20190.1407
 12-Mar-20190.4399
 11-Mar-20190.8674
 08-Mar-20190.3833
 07-Mar-20190.3693
 06-Mar-20190.5886
 05-Mar-20190.8003
 01-Mar-20190.2145
 28-Feb-20190.1637
Dividend Weekly30-Apr-20191.0301

 22-Apr-20190.0715
 15-Apr-20191.0086
 08-Apr-20191.5808
 25-Mar-20192.5751
 11-Mar-20192.2032
 05-Mar-20191.2947
 25-Feb-20190.5723
 28-Jan-20190.9442
 14-Jan-20191.8097
 07-Jan-20191.2232
 31-Dec-20181.1660
 24-Dec-20181.5880
 17-Dec-20181.3806
 10-Dec-20182.2604
 26-Nov-20181.1159
 19-Nov-20181.6524
 12-Nov-20181.0873
 05-Nov-20180.9085
 29-Oct-20180.5007
 22-Oct-20180.7868
 15-Oct-20181.8312
 01-Oct-20181.9314
 27-Aug-20180.9156
 20-Aug-20180.9943
Dividend Monthly26-Apr-20192.5010

 27-Mar-20196.3365
 27-Feb-20191.0646
 25-Jan-20194.2804
 27-Dec-20185.3779
 27-Nov-20185.2601
 26-Oct-20183.7441
 27-Sep-20180.8911
 27-Aug-20184.5770
 27-Jul-20184.6899
 27-Jun-20185.2232
 25-May-20182.1752
 27-Apr-20184.6610
 27-Mar-20184.4261
 27-Feb-20184.0247
 25-Jan-20184.0751
 27-Dec-20174.0097
 27-Nov-20174.4028
 27-Oct-20175.2219
 27-Sep-20174.0213
 24-Aug-20173.2740
 28-Jul-20174.9934
 30-Jun-20174.0879
 26-May-20174.2140
 28-Apr-20176.1289
Dividend Quarterly27-Jun-201423.3781

 21-Mar-20147.7927
 27-Dec-201316.4429
 07-Oct-201317.8857
 25-Jun-201318.4055
 22-Mar-201336.7368
 26-Sep-201211.4648

Contact Information

AMC: Baroda Asset Management India Ltd

Address: 501, Raheja Titanium, Western Express Highway, Goregoan, (E) Mumbai - 400063

Phone: +91 22-3074 1000

Fax: +91 22-3074 1001

Email: [email protected]

Website: http://www.barodapioneer.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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