VR Logo

3 star

Baroda Short Term Bond Fund


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.17 0.01 0.00 0.04 0.96 2.22 4.06 7.18 7.09 7.73 8.05
CCIL T Bill Liquidity Weight 1.64 0.03 0.00 0.11 0.53 1.08 2.06 3.34 3.61 4.04 4.52
Debt: Short Duration 3.60 0.00 0.01 0.54 1.81 3.09 4.77 6.60 6.17 7.04 7.68
Rank within category 8 9 17 12 13 16 10 17 7 7 9
Number of funds in category 26 28 28 28 27 27 26 25 23 23 21

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Short Term Bond Fund
3 star
Jun-10 4.06 7.18 7.09 1.06% 265
ICICI Prudential Short Term Fund  | Invest Now
5 star
Oct-01 4.88 8.53 7.40 1.13% 21,345
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 4.72 8.63 7.75 0.79% 19,436
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 4.16 8.20 7.07 1.16% 17,160
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
Dec-00 3.81 8.13 7.14 0.77% 12,708

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.34 24-Mar-2020 - 31-Mar-2020 -1.57 12-Mar-2020 - 19-Mar-2020
Month 2.48 24-Mar-2020 - 23-Apr-2020 -1.71 02-Jul-2013 - 01-Aug-2013
Quarter 3.69 23-Mar-2020 - 22-Jun-2020 -0.97 15-May-2013 - 14-Aug-2013
Year 10.55 14-Aug-2013 - 14-Aug-2014 4.06 22-Oct-2020 - 22-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.11 1.67 1.90 2.28 0.88 3.70
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Short Duration 6.63 3.56 1.45 2.46 0.57 3.03
Rank within category 17 5 14 15 8 16
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-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 28 33 25 61
Modified Duration (yrs) 2.31 2.59 1.56 1.80
Average Maturity (yrs) 2.77 3.25 1.92 2.31
Yield to Maturity (%) 5.05 5.30 4.44 4.90
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 5.79% REC 20/03/2024 Debenture AAA 0.00 - 9.58 9.58
equal 5.24% SIDBI 26/03/2024 Debenture AAA 0.00 - 7.60 7.60
equal 6.80% Hindustan Petroleum Corporation 15/12/2022 Debenture AAA 3.02 - 6.60 6.60
equal 8.12% NHPC 22/03/2029 Debenture AAA 2.84 - 6.26 6.26
equal 2.00% Tata Steel 23/04/2022 Debenture AA+ 0.00 - 6.17 6.17
equal 8.50% Muthoot Finance 2022 Debenture AA+ 0.00 - 5.79 5.79
equal 5.04% Indian Railway Finance Corporation 2023 Debenture AAA 0.00 - 8.30 5.69
equal 5.11% HDB Financial Services 26/07/2022 Zero Coupon Bonds AAA 4.28 - 11.12 5.68
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 3.84 3.84
new 9.50% Piramal Capital & Housing Finance 15/04/2022 Debenture AA 0.00 - 3.82 3.82
new 7.70% Shriram City Union Finance 21/12/2022 Non Convertible Debenture AA 0.00 - 3.77 3.77
equal 5.50% Indian Oil Corporation 20/10/2025 Non Convertible Debenture AAA 2.84 - 6.86 3.77
equal 6.18% GOI 2024 GOI Securities SOV 0.00 - 3.52 3.52
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 2.50 - 4.78 3.47
equal 7.87% Larsen & Toubro 18/04/2022 Non Convertible Debenture AAA 1.24 - 2.69 2.69
equal Aditya Birla Finance 2022 Debenture AAA 1.07 - 2.52 2.52
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 0.00 - 2.02 2.02
equal 7.54% Indian Railway Finance Corporation 29/07/2034 Non Convertible Debenture AAA 1.59 - 3.48 1.98
equal 8.13% GOI 16/10/2021 Central Government Loan SOV 1.58 - 10.06 1.89
equal 4.78% Housing & Urban Development Corporation 28/02/2024 Non Convertible Debenture AAA 0.00 - 1.88 1.88
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 1.88 1.88
equal 11.00% Motilal Oswal Home Finance 2026 Bonds AA- 0.00 - 0.97 0.97
new 6.90% GOI 2026 Central Government Loan SOV 0.00 - 0.92 0.92
new 7.37% Maharashtra State 14/09/2026 State Development Loan SOV 0.00 - 0.80 0.80
equal 8.30% Reliance Industries 2022 Debenture AAA 0.36 - 0.77 0.77

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-Sep-2021

Fund Manager

— Alok Sahoo since 14-Jun-2010

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:


0.01%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 23.4470

IDCW Quarterly: ₹ 10.7515

IDCW Monthly: ₹ 10.2133


Investment Strategy

The investment objective of the Scheme is to generate income from a portfolio constituted of short term debt and money market securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 15 days

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 30-Jun-2010
Return Since Launch: 7.82%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 265 Cr (As on 30-Sep-2021)
Expense: 1.06% (As on 30-Sep-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly27-Sep-20210.1200

 25-Jun-20210.1000
 23-Mar-20210.1000
 24-Dec-20200.1500
 25-Sep-20200.1500
 26-Jun-20200.1500
 24-Dec-20190.1080
 04-Oct-20190.1080
 27-Jun-20190.1225
 22-Mar-20190.1225
 26-Dec-20180.1225
 26-Sep-20180.1225
 02-Jul-20180.1225
 16-Mar-20180.1228
 29-Dec-20170.1228
 27-Sep-20170.1228
IDCW Monthly27-Aug-20210.0138

 27-Jul-20210.0397
 25-Jun-20210.0494
 27-May-20210.0589
 27-Apr-20210.0000
 26-Mar-20210.0004
 26-Feb-20210.0358
 27-Jan-20210.0439
 24-Dec-20200.0183
 27-Nov-20200.0522
 27-Oct-20200.0524
 25-Sep-20200.0569
 27-Aug-20200.0757
 27-Jul-20200.1166
 26-Jun-20200.0368
 27-May-20200.0554
 27-Apr-20200.0581
 27-Mar-20200.0381
 27-Feb-20200.0490
 27-Jan-20200.0613
 27-Dec-20190.0412
 27-Nov-20190.0468
 25-Oct-20190.0406
 27-Sep-20190.0440
 27-Aug-20190.0372

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

Upcoming Video

Investors' Hangout

The investment mindset: These women show the way

DateFriday, 29-Oct-2021
Time12:30 PM - 01:00 PM