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Baroda BNP Paribas Gilt Fund - Direct Plan download report


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.19 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 Direct-G -1.77 -0.11 -0.15 -0.83 -1.84 -1.86 0.67 6.07 6.00 6.85 --
CCIL All Sovereign Bond - TRI -2.44 -0.04 -0.02 -1.03 -2.87 -2.92 -0.31 6.84 6.91 7.67 --
Debt: Gilt -0.95 -0.07 -0.03 -0.73 -1.11 -0.95 1.56 7.19 6.70 7.73 --
Rank within category 23 22 25 16 19 24 22 17 15 19 --
Number of funds in category 24 26 26 26 24 24 23 21 21 21 0

As on 20-May-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 - Direct Plan
2 star
Jan-13 0.67 6.07 6.00 1.11% 26
SBI Magnum Gilt Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.41 8.39 7.37 0.46% 3,530
IDFC Government Securities Fund - Investment Plan - Direct Plan  | Invest Online
4 star
Jan-13 0.84 8.10 7.53 0.61% 1,426
Aditya Birla Sun Life Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 1.84 7.83 7.29 0.29% 1,108
DSP Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.14 8.52 7.76 0.54% 412

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.61 19-Aug-2013 - 26-Aug-2013 -3.01 12-Aug-2013 - 19-Aug-2013
Month 5.85 19-Aug-2013 - 18-Sep-2013 -5.09 19-Jul-2013 - 19-Aug-2013
Quarter 8.10 15-Sep-2014 - 15-Dec-2014 -6.36 20-May-2013 - 19-Aug-2013
Year 19.55 26-Feb-2014 - 27-Feb-2015 -1.44 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Baroda BNP Paribas Gilt Direct-G 6.69 3.40 0.93 1.30 0.68 0.36
CCIL All Sovereign Bond - TRI 7.67 4.73 0.88 1.29 -- --
Debt: Gilt 7.63 3.60 1.13 1.93 0.69 1.26
Rank within category 16 7 17 16 10 17
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 8 11 8 13
Modified Duration (yrs) 2.75 5.00 2.75 3.10
Average Maturity (yrs) 3.31 6.48 3.31 4.47
Yield to Maturity (%) 5.90 6.06 5.80 5.94
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
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 29.97 29.97
equal 7.59% GOI 20/03/2029 GOI Securities SOV 10.25 - 11.13 11.11
new 6.13% GOI 2028 GOI Securities SOV 0.00 - 11.09 11.09
equal 9.39% Karnataka State 23/10/2023 State Development Loan SOV 9.25 - 10.15 10.15
new 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 9.93 9.93
new 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 9.29 9.29
equal 7.59% GOI 2026 GOI Securities SOV 1.83 - 2.00 1.99
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 30-Apr-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:


-0.11%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 36.2118

IDCW: ₹ 28.5746


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: 01-Jan-2013
Return Since Launch: 7.72%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 26 Cr (As on 30-Apr-2022)
Expense: 1.11% (As on 30-Apr-2022)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW28-Mar-20221.5600

 24-Mar-20211.0000
 26-Mar-20200.1441
 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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