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BNP Paribas Short Term Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame 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, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is 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 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 0.85 0.08 0.43 0.92 2.37 5.08 8.02 7.21 7.98 8.45 --
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 --
Debt: Short Duration 0.50 0.06 0.28 0.60 1.47 3.34 5.41 6.07 7.24 7.92 --
Rank within category 2 3 1 3 2 3 17 14 14 13 --
Number of funds in category 29 29 29 29 29 29 28 26 26 24 0

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.48 (19-Aug-2013 - 26-Aug-2013) -3.90 (03-Jun-2019 - 10-Jun-2019)
Month 2.89 (10-Jun-2019 - 10-Jul-2019) -2.77 (27-May-2019 - 26-Jun-2019)
Quarter 5.15 (10-Jun-2019 - 09-Sep-2019) -1.61 (20-May-2013 - 19-Aug-2013)
Year 11.68 (19-Aug-2013 - 19-Aug-2014) 5.14 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.97 2.09 0.60 0.66 3.96 7.76
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Short Duration 6.13 3.00 0.63 1.30 3.48 6.13
Rank within category 17 17 17 17 15 13
Number of funds in category 27 27 27 27 27 27

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 19 13 57
Modified Duration (yrs) 2.50 2.50 1.45 2.04
Average Maturity (yrs) 3.02 3.02 1.75 2.49
Yield to Maturity (%) 7.10 8.67 6.55 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.00 - 10.16 6.83
new 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 6.69 6.69
equal 7.70% Bajaj Finance 20/01/2022 Debenture AAA 0.00 - 7.74 6.69
up 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 3.52 - 12.36 6.69
new 7.05% Tamilnadu State 20/11/2026 State Development Loan SOV 0.00 - 6.67 6.67
new 7.12% The Ramco Cements 18/06/2021 Debenture AA+ 0.00 - 6.66 6.66
equal Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.00 - 6.56 6.37
equal 8.02% BPCL 2024 Debenture AAA 0.00 - 9.77 5.49
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 6.17 5.40
equal 7.60% Grasim Industries 2024 Non Convertible Debenture AAA 0.00 - 6.71 5.34
equal 8.71% Tata Capital Financial Services 25/03/2022 Debenture AAA 0.00 - 5.87 4.71
equal 8.40% SIDBI 2021 Debenture AAA 0.00 - 4.26 3.43
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 0.00 - 4.20 3.39
equal 6.99% HUDCO 2022 Debenture AAA 0.00 - 3.44 3.35
up 7.09% REC 17/10/2022 Debenture AAA 0.00 - 3.32 3.32
equal 8.75% Muthoot Finance 19/06/2021 Bonds/NCDs AA 2.10 - 3.09 2.50
new 7.85% Grasim Industries 15/04/2024 Non Convertible Debenture AAA 0.00 - 1.68 1.68
down 6.80% SIDBI 29/09/2022 Debenture AAA 0.00 - 4.81 1.34
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 0.00 - 9.72 1.02

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-Dec-2019

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:


0.08%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 23.3654

Dividend Weekly: ₹ 10.0755

More

Dividend Quarterly: ₹ 10.2089

Dividend Monthly: ₹ 10.1577

Dividend Daily: ₹ 10.0726


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
Exit Load 0

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.48%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 150 Cr (As on 31-Dec-2019)
Expense: 0.34% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Jan-20200.0021

 23-Jan-20200.0016
 22-Jan-20200.0049
 21-Jan-20200.0004
 20-Jan-20200.0058
 17-Jan-20200.0012
 16-Jan-20200.0012
 15-Jan-20200.0011
 14-Jan-20200.0016
 13-Jan-20200.0057
 10-Jan-20200.0048
 09-Jan-20200.0016
 08-Jan-20200.0012
 07-Jan-20200.0013
 06-Jan-20200.0075
 03-Jan-20200.0056
 02-Jan-20200.0013
 01-Jan-20200.0016
 31-Dec-20190.0050
 30-Dec-20190.0039
 27-Dec-20190.0011
 26-Dec-20190.0022
 24-Dec-20190.0018
 23-Dec-20190.0040
 20-Dec-20190.0024
Dividend Weekly23-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
 17-Jul-20140.0021
 10-Jul-20140.0085
 03-Jul-20140.0161
Dividend Monthly26-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
 31-Jan-20190.0462
 27-Dec-20180.0817
 29-Nov-20180.0780
 25-Oct-20180.0447
 30-Aug-20180.0502
 26-Jul-20180.0560
 28-Jun-20180.0530
 31-May-20180.0208
 26-Apr-20180.0271
 22-Mar-20180.0547
 22-Feb-20180.0172
 25-Jan-20180.0390
 30-Nov-20170.0219
 26-Oct-20170.0375
 28-Sep-20170.0246
 31-Aug-20170.0610
Dividend Quarterly26-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
 26-Sep-20140.1809
 27-Jun-20140.1986
 28-Mar-20140.1646
 27-Dec-20130.1966
 27-Sep-20130.0981

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: www.bnpparibasmf.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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