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2 star

BNP Paribas Flexi Debt Fund


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 1.32 0.13 0.22 0.50 1.46 1.19 1.61 6.63 4.84 7.06 8.03
VR Bond 2.70 0.08 0.12 0.88 1.78 2.08 3.24 6.55 5.53 6.78 7.41
Debt: Dynamic Bond 3.51 0.08 0.12 0.48 1.55 2.59 3.99 7.55 5.50 7.40 8.30
Rank within category 24 6 3 13 8 27 24 20 17 14 10
Number of funds in category 26 28 28 28 28 27 26 24 22 21 16

As on 26-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
2 star
Sep-04 1.61 6.63 4.84 1.85% 117
ICICI Prudential All Seasons Bond Fund  | Invest Now
5 star
May-09 4.68 9.30 7.07 1.40% 6,544
IDFC Dynamic Bond Fund - Regular Plan
4 star
Dec-08 2.28 9.23 6.51 1.60% 4,064
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
5 star
May-08 3.79 9.37 7.36 1.25% 2,946
SBI Dynamic Bond Fund
4 star
Feb-04 1.84 8.78 6.39 1.65% 2,791

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.13 10-Dec-2008 - 17-Dec-2008 -11.40 02-Jan-2009 - 09-Jan-2009
Month 11.65 03-Dec-2008 - 02-Jan-2009 -6.18 30-Dec-2008 - 29-Jan-2009
Quarter 16.57 03-Oct-2008 - 02-Jan-2009 -5.87 05-Jan-2009 - 06-Apr-2009
Year 25.12 03-Jan-2008 - 02-Jan-2009 0.10 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.53 3.02 0.88 1.13 1.29 -0.68
VR Bond 6.46 2.13 1.22 1.72 -- --
Debt: Dynamic Bond 7.43 3.60 1.16 1.81 1.04 0.88
Rank within category 20 10 20 21 17 22
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:


0.13%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 36.7952

IDCW Weekly: ₹ 10.0942

More

IDCW Quarterly: ₹ 10.2861

IDCW Monthly: ₹ 10.0881

IDCW Half Yearly: ₹ 10.1433

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: 23-Sep-2004
Return Since Launch: 7.88%
Benchmark: CRISIL Dynamic Debt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 117 Cr (As on 31-Oct-2021)
Expense: 1.85% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.0135

 25-Nov-20210.0025
 23-Nov-20210.0014
 22-Nov-20210.0051
 18-Nov-20210.0053
 17-Nov-20210.0015
 15-Nov-20210.0004
 09-Nov-20210.0001
 23-Sep-20210.0002
 22-Sep-20210.0051
 20-Sep-20210.0162
 17-Sep-20210.0010
 16-Sep-20210.0016
 15-Sep-20210.0079
 09-Sep-20210.0052
 08-Sep-20210.0003
 06-Sep-20210.0141
 03-Sep-20210.0123
 02-Sep-20210.0034
 05-Jan-20210.0042
 04-Jan-20210.0271
 01-Jan-20210.0039
 31-Dec-20200.0110
 30-Dec-20200.0040
 28-Dec-20200.0131
IDCW Weekly25-Nov-20210.0089

 18-Nov-20210.0073
 23-Sep-20210.0225
 16-Sep-20210.0095
 09-Sep-20210.0318
 02-Sep-20210.0255
 07-Jan-20210.0131
 31-Dec-20200.0288
 26-Nov-20200.0292
 19-Nov-20200.0158
 05-Nov-20200.0201
 29-Oct-20200.0360
 22-Oct-20200.0046
 15-Oct-20200.0617
 03-Sep-20200.0014
 16-Jul-20200.0079
 09-Jul-20200.0429
 02-Jul-20200.0272
 11-Jun-20200.0171
 28-May-20200.0333
 08-May-20200.0997
 23-Apr-20200.1308
 05-Mar-20200.0378
 27-Feb-20200.0194
 20-Feb-20200.0573
IDCW Half Yearly30-Sep-20210.4200

 25-Sep-20200.4200
 26-Mar-20200.1991
 26-Sep-20190.3434
 28-Mar-20190.3310
 27-Sep-20180.0670
 28-Sep-20170.3645
 23-Mar-20170.2866
 30-Sep-20160.5679
 18-Mar-20160.1938
 24-Sep-20150.1169
 27-Mar-20150.6968
 26-Sep-20140.3664
 28-Mar-20140.3157
 27-Sep-20130.2213
 28-Mar-20130.5251
 28-Sep-20120.4429
 30-Mar-20120.3318
 29-Sep-20110.2612
 31-Mar-20110.1478
 29-Sep-20100.2053
 31-Mar-20100.1833
 29-Sep-20090.6375
 31-Mar-20090.9153
 29-Sep-20080.3789
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
 24-Dec-20200.0700
 02-Nov-20200.0400
 25-Sep-20200.0700
 28-Aug-20200.0700
 27-Feb-20200.1430
 30-Jan-20200.0442
 26-Dec-20190.0150
 28-Nov-20190.0343
 31-Oct-20190.0276
 29-Aug-20190.0529
 25-Jul-20190.0767
 27-Jun-20190.0928
 30-May-20190.0937
 25-Apr-20190.0077
 28-Mar-20190.0937
 28-Feb-20190.0215
 31-Jan-20190.0226
 27-Dec-20180.0686
 29-Nov-20180.0907
IDCW Quarterly30-Sep-20210.2100

 24-Jun-20210.0700
 24-Dec-20200.2100
 25-Sep-20200.2100
 26-Mar-20200.1429
 26-Dec-20190.0558
 26-Sep-20190.0980
 01-Jul-20190.2403
 28-Mar-20190.1215
 27-Dec-20180.2069
 27-Sep-20180.0552
 28-Jun-20180.0108
 28-Sep-20170.1736
 29-Jun-20170.1486
 30-Dec-20160.3234
 30-Sep-20160.3617
 24-Jun-20160.1939
 18-Mar-20160.0456
 23-Dec-20150.1447
 24-Sep-20150.1192
 27-Mar-20150.3993
 26-Dec-20140.2868
 26-Sep-20140.1228
 27-Jun-20140.2441
 28-Mar-20140.1955

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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