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2 star

BNP Paribas Flexi Debt Fund - Direct Plan


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.

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 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
Fund 2.63 0.07 0.28 0.88 1.61 2.28 3.23 7.64 5.96 8.00 --
VR Bond 2.74 0.04 0.24 0.91 1.54 2.21 3.22 6.39 5.58 6.75 --
Debt: Dynamic Bond 4.12 0.05 0.19 0.67 1.61 3.13 4.71 8.15 6.29 8.11 --
Rank within category 19 5 5 4 6 18 19 19 13 11 --
Number of funds in category 24 26 26 26 26 25 24 23 21 20 0

As on 30-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BNP Paribas Flexi Debt Fund - Direct Plan
2 star
Jan-13 3.23 7.64 5.96 0.64% 117
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 5.59 9.97 7.89 0.61% 6,544
IDFC Dynamic Bond Fund - Direct Plan
4 star
Jan-13 3.36 9.92 7.44 0.72% 4,064
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.50 9.99 8.09 0.52% 2,946
SBI Dynamic Bond Fund - Direct Plan
4 star
Jan-13 2.85 9.39 7.22 0.88% 2,791

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.19 19-Aug-2013 - 26-Aug-2013 -2.53 12-Aug-2013 - 19-Aug-2013
Month 5.08 25-Oct-2016 - 24-Nov-2016 -3.35 17-Jun-2013 - 17-Jul-2013
Quarter 7.23 25-Aug-2016 - 24-Nov-2016 -5.71 20-May-2013 - 19-Aug-2013
Year 17.36 24-Nov-2015 - 24-Nov-2016 1.04 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.59 3.01 1.24 1.59 1.28 0.40
VR Bond 6.46 2.13 1.22 1.72 -- --
Debt: Dynamic Bond 8.12 3.60 1.39 2.18 1.04 1.56
Rank within category 20 10 19 20 17 21
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-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 12 5 23
Modified Duration (yrs) 4.27 8.14 3.47 --
Average Maturity (yrs) 5.44 12.75 4.59 --
Yield to Maturity (%) 5.74 5.98 4.85 --
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 5.63% GOI 2026 GOI Securities SOV 0.00 - 25.85 17.05
new 6.10% GOI 2031 GOI Securities SOV 0.00 - 17.18 16.78
equal 6.28% Gujarat State 2027 State Development Loan SOV 0.00 - 12.86 12.77
equal 6.05% Rajasthan State 16/06/2026 State Development Loan SOV 0.00 - 9.44 9.40
equal 7.86% Karnataka State 15/03/2027 State Development Loan SOV 0.00 - 9.22 9.16
equal 7.33% Maharashtra State 13/09/2027 State Development Loan SOV 0.00 - 8.99 8.95
equal 7.15% Maharashtra State 13/10/2026 State Development Loan SOV 0.00 - 8.99 4.46
new 6.51% GOI 2024 GOI Securities SOV 0.00 - 4.25 4.25
new 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 30.13 2.52
down 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 9.73 1.18
equal 8.26% Maharashtra State 2029 State Development Loan SOV 0.00 - 0.00 0.00
equal 7.64% Haryana State 29/03/2027 State Development Loan SOV 0.00 - 0.00 0.00

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-Oct-2021

Fund Manager

— Mayank Prakash since 23-Aug-2017

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

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

Funds Managed:

— Vikram Pamnani since 27-Dec-2017

Education: Mr. Pamnani holds PGDM in Finance.

Experience: Prior to joining BNP Paribas Mutual Fund, he worked with Essel Finance AMC Ltd. as Fund Manager, Canara Robeco AMC Ltd. as Fixed Income Dealer & Deutsche Bank as Process Executive.

Funds Managed:


0.07%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 39.5806

IDCW Weekly: ₹ 10.1058

More

IDCW Quarterly: ₹ 10.4784

IDCW Monthly: ₹ 10.2787

IDCW Daily: ₹ 10.1148


Investment Strategy

The scheme aims to generate income through investments in a range of debt and money market instruments of various maturities to maximise income while maintaining an optimum balance between yield, safety and liquidity.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 300
Minimum No of Cheques 20
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.46%
Benchmark: CRISIL Dynamic Debt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 117 Cr (As on 31-Oct-2021)
Expense: 0.64% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily29-Nov-20210.0041

 26-Nov-20210.0138
 25-Nov-20210.0031
 24-Nov-20210.0000
 23-Nov-20210.0016
 22-Nov-20210.0062
 18-Nov-20210.0055
 17-Nov-20210.0021
 15-Nov-20210.0021
 09-Nov-20210.0079
 08-Nov-20210.0056
 23-Sep-20210.0005
 22-Sep-20210.0056
 20-Sep-20210.0170
 17-Sep-20210.0013
 16-Sep-20210.0020
 15-Sep-20210.0099
 09-Sep-20210.0056
 08-Sep-20210.0010
 06-Sep-20210.0151
 03-Sep-20210.0126
 02-Sep-20210.0134
 01-Sep-20210.0136
 31-Aug-20210.0098
 30-Aug-20210.0106
IDCW Weekly25-Nov-20210.0109

 18-Nov-20210.0176
 08-Nov-20210.0056
 23-Sep-20210.0244
 16-Sep-20210.0118
 09-Sep-20210.0341
 02-Sep-20210.0552
 26-Aug-20210.0024
 10-Jun-20210.0109
 27-May-20210.0187
 20-May-20210.0147
 06-May-20210.0010
 07-Jan-20210.0151
 31-Dec-20200.0359
 10-Dec-20200.0197
 03-Dec-20200.0026
 26-Nov-20200.0115
 19-Nov-20200.0302
 05-Nov-20200.0115
 29-Oct-20200.0379
 22-Oct-20200.0066
 15-Oct-20200.0733
 03-Sep-20200.0157
 30-Jul-20200.0014
 23-Jul-20200.0100
IDCW Monthly30-Sep-20210.0700

 24-Jun-20210.0700
 27-May-20210.0700
 29-Apr-20210.0700
 25-Feb-20210.0700
 28-Jan-20210.0700
 02-Nov-20200.0400
 25-Sep-20200.0700
 28-Aug-20200.0700
 27-Feb-20200.1451
 30-Jan-20200.0466
 26-Dec-20190.0170
 28-Nov-20190.0376
 31-Oct-20190.0409
 29-Aug-20190.0604
 25-Jul-20190.0826
 27-Jun-20190.0989
 30-May-20190.1011
 25-Apr-20190.0136
 28-Mar-20190.0997
 28-Feb-20190.0258
 31-Jan-20190.0278
 27-Dec-20180.0728
 29-Nov-20180.0960
 25-Oct-20180.0512
IDCW Quarterly30-Sep-20210.2100

 24-Jun-20210.0700
 25-Sep-20200.2100
 26-Mar-20200.1501
 26-Dec-20190.0676
 26-Sep-20190.1190
 01-Jul-20190.2619
 28-Mar-20190.1360
 27-Dec-20180.2218
 27-Sep-20180.0696
 28-Jun-20180.0600
 22-Mar-20180.0017
 28-Sep-20170.1895
 29-Jun-20170.1719
 30-Dec-20160.3422
 30-Sep-20160.3639
 24-Jun-20160.2204
 18-Mar-20160.0579
 23-Dec-20150.1589
 24-Sep-20150.1402
 26-Jun-20150.0057
 27-Mar-20150.4116
 26-Dec-20140.2962
 26-Sep-20140.1325
 27-Jun-20140.2518
IDCW Half Yearly26-Sep-20140.0175

 28-Mar-20140.2967
 27-Sep-20130.2851
 28-Mar-20130.5336

Contact Information

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

Address: BNP Paribas House, 1 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-33704000

Fax: 022-33704294

Email: [email protected]

Website: http://www.bnpparibasmf.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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