VR Logo

3 star

BNP Paribas Short Term Fund - Direct Plan


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 3.98 0.01 0.15 0.47 0.79 2.28 4.34 7.89 7.18 7.94 --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 --
Debt: Short Duration 4.64 0.00 0.08 0.42 1.50 3.05 5.06 7.09 6.64 7.60 --
Rank within category 10 6 2 6 9 11 11 16 14 13 --
Number of funds in category 26 28 28 28 28 27 26 25 23 23 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BNP Paribas Short Term Fund - Direct Plan
3 star
Jan-13 4.34 7.89 7.18 0.35% 379
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 5.09 9.10 7.88 0.37% 20,584
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.82 8.74 7.85 0.24% 19,407
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.45 8.73 7.65 0.34% 17,142
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
Jan-13 4.03 8.34 7.48 0.30% 12,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.45 24-Mar-2020 - 31-Mar-2020 -3.90 03-Jun-2019 - 10-Jun-2019
Month 3.36 24-Mar-2020 - 23-Apr-2020 -2.77 27-May-2019 - 26-Jun-2019
Quarter 6.20 26-Mar-2020 - 25-Jun-2020 -1.61 20-May-2013 - 19-Aug-2013
Year 13.20 26-Jun-2019 - 25-Jun-2020 4.11 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.66 2.50 1.55 1.97 1.40 4.72
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Short Duration 6.96 3.54 1.67 3.05 0.60 3.54
Rank within category 16 18 17 18 12 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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 22 11 59
Modified Duration (yrs) 1.95 2.72 1.15 --
Average Maturity (yrs) 2.22 3.34 1.31 --
Yield to Maturity (%) 4.97 5.25 4.23 --
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
new 6.51% GOI 2024 GOI Securities SOV 0.00 - 10.99 10.99
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 7.88 7.88
new 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 7.02 6.79
equal 7.45% LIC Housing Fin. 2023 Non Convertible Debenture AAA 0.00 - 6.78 6.78
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 0.00 - 7.25 6.65
up 5.27% National Bank Agr. Rur. Devp 29/04/2024 Debenture AAA 0.00 - 6.75 6.60
equal 8.25% L&T Finance 24/01/2023 Debenture AAA 0.00 - 5.97 5.46
up 6.09% Power Finance Corporation 27/08/2026 Non Convertible Debenture AAA 0.00 - 5.27 5.27
equal 6.99% HDFC 13/02/2023 Debenture AAA 0.00 - 4.87 4.87
down 8.10% NTPC 27/05/2026 Bonds AAA 0.00 - 6.70 4.30
new 7.62% Export-Import Bank 2026 Bonds AAA 0.00 - 4.21 4.21
equal 4.79% Hindustan Petroleum Corporation 23/10/2023 Debenture AAA 0.00 - 3.95 3.95
down 5.74% REC 20/06/2024 Debenture AAA 0.00 - 6.21 2.66
equal 5.95% Bajaj Finance 2024 Bonds/NCDs AAA 0.00 - 2.88 2.66
equal 5.48% Cholamandalam Investment & Finance Company 30/12/2022 Debenture AA+ 0.00 - 2.88 2.65
equal 5.85% Cholamandalam Investment & Finance Company 21/03/2023 Debenture AA+ 0.00 - 2.65 2.65
down 7.60% Grasim Industries 2024 Non Convertible Debenture AAA 0.59 - 3.46 0.83

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 21-Sep-2015

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:


0.01%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 26.7251

IDCW Quarterly: ₹ 10.7359

More

IDCW Monthly: ₹ 10.4142

IDCW Daily: ₹ 10.0315


Investment Strategy

The scheme aims to provide income consistent with the prudent risk from a portfolio comprising of various debt and money market instruments.

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: 8.27%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 379 Cr (As on 31-Oct-2021)
Expense: 0.35% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0007

 02-Dec-20210.0067
 01-Dec-20210.0011
 30-Nov-20210.0024
 29-Nov-20210.0040
 26-Nov-20210.0022
 23-Nov-20210.0000
 22-Nov-20210.0059
 18-Nov-20210.0026
 17-Nov-20210.0025
 16-Nov-20210.0004
 15-Nov-20210.0025
 10-Nov-20210.0010
 09-Nov-20210.0024
 08-Nov-20210.0132
 03-Nov-20210.0006
 27-Oct-20210.0028
 26-Oct-20210.0004
 25-Oct-20210.0016
 22-Oct-20210.0014
 21-Oct-20210.0011
 14-Oct-20210.0033
 13-Oct-20210.0036
 12-Oct-20210.0025
 22-Sep-20210.0000
IDCW Monthly25-Nov-20210.0600

 28-Oct-20210.0600
 30-Sep-20210.0600
 26-Aug-20210.0600
 29-Jul-20210.0600
 24-Jun-20210.0600
 27-May-20210.0600
 29-Apr-20210.0600
 18-Mar-20210.0600
 25-Feb-20210.0600
 28-Jan-20210.0600
 02-Nov-20200.0400
 25-Sep-20200.0600
 28-Aug-20200.0600
 27-Feb-20200.0758
 30-Jan-20200.0710
 26-Dec-20190.0451
 28-Nov-20190.0571
 31-Oct-20190.0603
 26-Sep-20190.0454
 29-Aug-20190.0092
 30-May-20190.0982
 25-Apr-20190.0046
 28-Mar-20190.0929
 28-Feb-20190.0364
IDCW Quarterly30-Sep-20210.1900

 24-Jun-20210.0600
 18-Mar-20210.1900
 25-Sep-20200.1900
 26-Mar-20200.0570
 26-Dec-20190.1712
 26-Sep-20190.1743
 28-Mar-20190.1858
 27-Dec-20180.1757
 27-Sep-20180.1101
 28-Jun-20180.1109
 22-Mar-20180.0967
 28-Dec-20170.0678
 28-Sep-20170.1530
 29-Jun-20170.1657
 23-Mar-20170.0738
 30-Dec-20160.2209
 30-Sep-20160.1746
 24-Jun-20160.1497
 18-Mar-20160.1221
 23-Dec-20150.1697
 24-Sep-20150.1642
 26-Jun-20150.1458
 27-Mar-20150.2159
 26-Dec-20140.1731
IDCW Weekly13-Feb-20200.0192

 06-Feb-20200.0145
 30-Jan-20200.0121
 23-Jan-20200.0024
 29-Nov-20180.0206
 22-Nov-20180.0150
 15-Nov-20180.0169
 09-Nov-20180.0168
 01-Nov-20180.0090
 25-Oct-20180.0053
 19-Oct-20180.0195
 11-Oct-20180.0182
 16-Oct-20140.0222
 09-Oct-20140.0036
 07-Oct-20140.0228
 25-Sep-20140.0137
 18-Sep-20140.0139
 11-Sep-20140.0113
 04-Sep-20140.0152
 28-Aug-20140.0136
 21-Aug-20140.0138
 14-Aug-20140.0120
 07-Aug-20140.0072
 31-Jul-20140.0091
 24-Jul-20140.0209

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

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot