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2 star

Baroda BNP Paribas Gilt Fund download report


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.20 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

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.

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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
Baroda BNP Paribas Gilt-G -0.46 0.04 0.29 0.88 1.40 -0.32 0.95 3.98 4.94 6.19 7.00
CCIL All Sovereign Bond - TRI -0.86 -0.16 -0.14 1.31 1.37 -0.45 2.15 4.76 6.35 7.75 8.22
Debt: Gilt 0.24 -0.02 0.27 1.01 1.43 0.31 1.82 4.81 5.60 7.09 7.72
Rank within category 26 7 15 23 15 22 25 20 21 22 17
Number of funds in category 28 29 29 29 29 28 27 25 25 24 21

As on 12-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda BNP Paribas Gilt Fund
2 star
Mar-02 0.95 3.98 4.94 1.86 26
SBI Magnum Gilt Fund  | Invest Online
5 star
Dec-00 2.58 5.77 6.34 0.94 3,539
ICICI Prudential Gilt Fund  | Invest Now
4 star
Aug-99 3.16 6.27 6.24 1.14 2,360
IDFC Government Securities Fund - Investment Plan - Regular Plan  | Invest Online
4 star
Dec-08 1.60 5.90 6.71 1.24 1,387
Aditya Birla Sun Life Government Securities Fund  | Invest Online
4 star
Oct-99 2.31 5.57 6.20 0.94 1,213

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.94 23-Mar-2010 - 31-Mar-2010 -3.02 12-Aug-2013 - 19-Aug-2013
Month 11.19 29-Mar-2010 - 28-Apr-2010 -5.15 19-Jul-2013 - 19-Aug-2013
Quarter 12.21 04-Feb-2010 - 06-May-2010 -7.70 13-May-2004 - 12-Aug-2004
Year 19.87 26-Mar-2010 - 28-Mar-2011 -6.40 07-Nov-2003 - 08-Nov-2004

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Baroda BNP Paribas Gilt-G 3.90 2.97 0.14 0.18 0.65 -0.41
CCIL All Sovereign Bond - TRI 4.74 4.19 0.30 0.43 -- --
Debt: Gilt 4.57 3.04 0.35 0.55 0.64 0.27
Rank within category 20 10 20 20 14 20
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 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 11 6 13
Modified Duration (yrs) 2.77 4.71 2.67 3.54
Average Maturity (yrs) 4.57 6.18 3.31 5.53
Yield to Maturity (%) 6.12 6.65 5.80 6.70
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 40.89 40.78
new 6.69% GOI 27/06/2024 GOI Securities SOV 0.00 - 19.33 19.33
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 9.47 9.47
down 5.63% GOI 2026 GOI Securities SOV 0.00 - 18.74 9.26
new 8.03% Andhra Pradesh State 20/07/2036 State Development Loan SOV 0.00 - 7.78 7.78
new 7.10% GOI 18/04/2029 GOI Securities SOV 0.00 - 7.66 7.66
equal 7.88% GOI 19/03/2030 GOI Securities SOV 0.22 - 0.24 0.24

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 31-Jul-2022

Fund Manager

— Mayank Prakash since 14-Mar-2022

Education: Mr. Prakash is a Chartered Accountant and MBA (Finance).

Experience: Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Kotak AMC.

Funds Managed:


0.04%

Change from previous, NAV as on 12-Aug-2022

Growth: ₹ 33.9821

IDCW: ₹ 21.6811


Investment Strategy

The scheme aims to generate income by investing in a portfolio of government securities. The corpus will be invested in sovereign securities issued by Central and State governments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 1
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: Baroda BNP Paribas Mutual Fund
Launch Date: 21-Mar-2002
Return Since Launch: 6.18%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 26 Cr (As on 31-Jul-2022)
Expense Ratio: 1.86% (As on 31-Jul-2022)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW28-Mar-20221.1700

 23-Mar-20211.0000
 24-Mar-20200.1441
 16-Mar-20181.0834
 24-Jun-20160.8667
 23-Mar-20160.8667
 21-Mar-20141.9482

Contact Information

AMC: Baroda BNP Paribas Asset Management (India) Private Ltd.

Address: BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai - 400051

Phone: 022-33704000

Fax: 022-33704294

Website: https://www.barodabnpparibasmf.in/

Registrar & Transfer Agent: KFin Technologies 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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