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Baroda Treasury Advantage Fund - Direct 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 -32.58 0.07 0.24 0.93 -5.47 -32.55 -35.79 -15.45 -6.33 -2.01 --
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 --
Debt: Low Duration 3.63 0.06 0.17 2.24 3.03 3.32 6.59 5.47 6.52 7.19 --
Rank within category 25 8 4 23 24 25 25 25 24 22 --
Number of funds in category 25 25 25 25 25 25 25 25 24 22 0

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 - Direct Plan
1 star
Jan-13 -35.79 -15.45 -6.33 0.59 33
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 9.33 8.21 8.42 0.41 18,689
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 9.68 8.55 8.66 0.41 11,158
SBI Magnum Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 8.97 8.04 8.05 0.39 8,548
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
5 star
Jan-13 10.19 8.73 9.04 0.33 5,969

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.44 (09-Sep-2019 - 16-Sep-2019) -28.54 (04-Mar-2020 - 11-Mar-2020)
Month 1.62 (28-Aug-2013 - 27-Sep-2013) -30.07 (12-Feb-2020 - 13-Mar-2020)
Quarter 3.39 (20-Aug-2013 - 19-Nov-2013) -33.26 (18-Feb-2020 - 19-May-2020)
Year 10.96 (20-Aug-2013 - 20-Aug-2014) -47.21 (03-Jun-2019 - 02-Jun-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -14.54 19.49 -1.02 -0.54 -12.57 -35.27
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Low Duration 5.03 3.72 1.27 2.47 0.20 -0.03
Rank within category 25 25 25 24 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-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 01-Jan-2013

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 01-Jan-2013

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: ₹ 1,187.6242

Dividend Weekly: ₹ 535.2171

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Dividend Quarterly: ₹ 559.0902

Dividend Monthly: ₹ 535.7892

Dividend Daily: ₹ 539.9361


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 (₹) 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

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: -1.23%
Benchmark: CRISIL Low Duration Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 33 Cr (As on 30-Jun-2020)
Expense: 0.59% (As on 31-May-2020)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily02-May-20190.0728

 30-Apr-20190.6211
 26-Apr-20190.0996
 24-Apr-20190.1519
 16-Apr-20190.2230
 15-Apr-20190.4227
 11-Apr-20190.0688
 10-Apr-20190.1811
 29-Mar-20190.9622
 28-Mar-20190.3876
 27-Mar-20190.5283
 26-Mar-20190.0765
 25-Mar-20190.3900
 18-Mar-20190.6511
 15-Mar-20190.1819
 14-Mar-20190.8522
 13-Mar-20190.1468
 12-Mar-20190.4467
 11-Mar-20190.8868
 08-Mar-20190.3900
 07-Mar-20190.3759
 06-Mar-20190.5957
 05-Mar-20190.8252
 01-Mar-20190.2208
 28-Feb-20190.1756
Dividend Weekly30-Apr-20191.0221

 22-Apr-20190.0647
 15-Apr-20191.0113
 08-Apr-20191.5945
 25-Mar-20192.6500
 11-Mar-20192.2316
 05-Mar-20191.2751
 25-Feb-20190.5448
 28-Jan-20190.9995
 14-Jan-20191.8812
 07-Jan-20191.2808
 31-Dec-20181.1758
 24-Dec-20181.6039
 17-Dec-20181.3987
 10-Dec-20182.2838
 26-Nov-20181.1428
 19-Nov-20181.6913
 12-Nov-20181.1216
 05-Nov-20180.9484
 29-Oct-20180.5083
 22-Oct-20180.8710
 15-Oct-20181.9437
 01-Oct-20182.0415
 27-Aug-20180.9321
 20-Aug-20181.0314
Dividend Monthly26-Apr-20192.6841

 27-Mar-20196.5027
 27-Feb-20191.2533
 25-Jan-20194.4475
 27-Dec-20185.5519
 27-Nov-20185.4438
 26-Oct-20183.9114
 27-Sep-20181.0687
 27-Aug-20184.7557
 27-Jul-20184.8636
 27-Jun-20185.4124
 25-May-20182.3370
 27-Apr-20184.8394
 27-Mar-20184.5893
 27-Feb-20184.2143
 25-Jan-20184.2433
 27-Dec-20174.1835
 27-Nov-20174.5827
 27-Oct-20175.3978
 27-Sep-20174.2169
 24-Aug-20173.4307
 28-Jul-20175.1566
 30-Jun-20174.2902
 26-May-20174.3768
 28-Apr-20176.2948
Dividend Quarterly22-Mar-201912.9658

 26-Dec-201812.2455
 26-Sep-201812.2455
 02-Jul-201812.2455
 16-Mar-201812.2785
 29-Dec-201712.2785
 27-Sep-201712.2785
 30-Jun-201712.2785
 24-Mar-201712.2785
 30-Dec-201614.4453
 30-Sep-201614.4453
 24-Jun-201614.4453
 23-Mar-201614.4453
 30-Dec-201516.6121
 28-Sep-201516.6121
 26-Jun-201516.6121
 27-Mar-201516.6949
 26-Dec-201417.4207
 30-Sep-201417.9232
 27-Jun-201423.3781
 21-Mar-20147.7927
 27-Dec-201317.0873
 07-Oct-201318.3014

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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