1 LakhInvestment declined to
₹ 10000Monthly SIP Grown to
Low Duration debt funds invest in bonds maturing in six months to a year. 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 three months maturity, from the one that invests in bonds maturing in three to six 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 a year in a Liquid fund.
Taxability of earnings:
|CCIL T Bill Liquidity Weight||2.67||0.00||0.06||0.21||0.54||1.29||3.27||3.94||4.14||4.58||4.76|
|Debt: Low Duration||5.38||0.04||0.14||0.63||1.23||4.90||6.30||5.08||6.11||6.72||7.44|
|Rank within category||25||18||16||1||1||2||25||25||24||22||19|
|Number of funds in category||25||25||25||25||25||25||25||25||24||22||19|
As on 19-Oct-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Baroda Treasury Advantage Fund||Jun-09||-15.36||-9.10||-2.41||0.90||38|
|ICICI Prudential Savings Fund | Invest Now||Sep-02||8.47||7.97||8.13||0.55||19,922|
|Aditya Birla Sun Life Low Duration Fund | Invest Online||May-98||7.90||7.63||7.65||1.22||13,927|
|SBI Magnum Low Duration Fund | Invest Online||Jul-07||7.14||7.54||7.59||1.10||9,746|
|Kotak Low Duration Fund - Standard Plan | Invest Online||Mar-08||8.42||7.86||8.07||1.12||8,418|
|Best (Period)||Worst (Period)|
|Week||25.64 (10-Jul-2020 - 17-Jul-2020)||-28.55 (04-Mar-2020 - 11-Mar-2020)|
|Month||26.51 (17-Jun-2020 - 17-Jul-2020)||-30.09 (12-Feb-2020 - 13-Mar-2020)|
|Quarter||28.62 (19-May-2020 - 18-Aug-2020)||-33.31 (18-Feb-2020 - 19-May-2020)|
|Year||10.67 (20-Aug-2013 - 20-Aug-2014)||-47.37 (03-Jun-2019 - 02-Jun-2020)|
|CCIL T Bill Liquidity Weight||3.90||0.32||-3.63||-6.95||--||--|
|Debt: Low Duration||5.14||4.37||1.09||2.26||-0.74||-0.78|
|Rank within category||25||25||23||25||1||25|
|Number of funds in category||25||25||25||25||25||25|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Sep-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||6||10||5||53|
|Modified Duration (yrs)||0.70||1.03||0.31||0.79|
|Average Maturity (yrs)||0.92||1.30||0.50||0.90|
|Yield to Maturity (%)||5.80||15.80||5.80||4.79|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 182-D 18/03/2021||Treasury Bills||SOV||0.00 - 38.81||38.81|
|8.90% Indiabulls Housing Finance 26/09/2021||Bonds||AA||0.00 - 13.07||11.99|
|8.12% NHPC 22/03/2029||Debenture||AAA||0.00 - 6.82||5.79|
|9.50% Indusind Bank||Bonds||AA||0.84 - 2.62||2.49|
|7.85% National Bank Agr. Rur. Devp 23/05/2022||Non Convertible Debenture||AAA||0.00 - 1.93||1.93|
|9.30% Dewan Housing Fin. Corpn. 16/08/2026||Bonds/NCDs||D||0.83 - 2.13||1.12|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Sep-2020
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.
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.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
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.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||1|
|Exit Load||3% for redemption within 90 days
2% for redemption between 91 - 180 days
1% for redemption between 181 - 365 days
|Fund House:||Baroda Mutual Fund|
|Return Since Launch:||3.53%|
|Benchmark:||CRISIL Low Duration Debt|
|Assets:||₹ 38 Cr (As on 30-Sep-2020)|
|Expense:||0.90% (As on 31-Aug-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
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]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]