VR Logo

2 star

BNP Paribas Medium Term Fund - Direct Plan


Debt: Medium Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Suitability:

Medium Duration debt funds invest in bonds maturing in 3 to 4 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. 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.

We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. Therefore, Balanced Hybrid or Conservative Hybrid funds, which invest a part of your money in equity shares, are more suitable alternatives for an investment horizon of 3-5 years. They witness sharper ups and downs than Medium Duration debt funds but the possibility of incurring a loss is substantially reduced if you invest for 3 years and above.

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.

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 6.08 0.08 0.64 1.68 4.76 5.87 8.40 3.72 5.92 -- --
VR Bond 5.61 0.10 0.42 0.92 3.31 5.46 7.11 7.03 7.59 -- --
Debt: Medium Duration 4.06 0.04 0.46 2.34 4.80 3.99 7.03 6.62 7.92 -- --
Rank within category 9 5 12 13 9 9 13 12 12 -- --
Number of funds in category 16 17 17 17 17 17 16 14 13 9 0

As on 13-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BNP Paribas Medium Term Fund - Direct Plan
2 star
Mar-14 8.40 3.72 5.92 0.58 51
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 11.28 8.06 9.02 1.03 4,864
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 12.87 9.64 10.42 0.78 3,384
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 12.07 9.06 9.24 0.75 3,145
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 9.69 8.16 8.86 0.49 933

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.69 (26-Jun-2019 - 03-Jul-2019) -13.04 (03-Jun-2019 - 10-Jun-2019)
Month 7.44 (10-Jun-2019 - 10-Jul-2019) -12.28 (10-May-2019 - 10-Jun-2019)
Quarter 8.74 (10-Jun-2019 - 09-Sep-2019) -12.06 (11-Mar-2019 - 10-Jun-2019)
Year 14.73 (10-Jun-2019 - 09-Jun-2020) -7.24 (04-Jun-2018 - 04-Jun-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.63 5.20 -0.32 -0.25 0.33 -2.14
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Medium Duration 5.46 4.38 0.45 0.98 0.55 -0.63
Rank within category 12 12 12 13 3 12
Number of funds in category 15 15 15 15 15 15

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 18 5 34
Modified Duration (yrs) 3.46 4.54 2.92 3.20
Average Maturity (yrs) 4.63 6.33 4.00 4.02
Yield to Maturity (%) 4.93 7.22 4.93 7.46

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 33.20 33.20
equal 6.35% Export-Import Bank 18/02/2025 Debenture AAA 0.00 - 10.13 10.13
down 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 23.80 9.79
equal 7.35% Nat. Highways Authority 28/04/2030 Debenture AAA 0.00 - 6.12 6.11
equal 7.36% Power Grid Corporation 18/10/2026 Debenture AAA 0.00 - 5.19 4.19

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

— 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:


0.08%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 15.3926

Dividend Yearly: ₹ 10.2512

Calendar Quarterly: ₹ 10.3000


Investment Strategy

The Scheme seeks to optimize returns by from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 year and 4 years.

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 1% for redemption within 365 days

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 05-Mar-2014
Return Since Launch: 7.01%
Benchmark: CRISIL Medium Term Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 51 Cr (As on 30-Jun-2020)
Expense: 0.58% (As on 30-Jun-2020)
Risk Grade: High
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly28-Feb-20200.0240

 30-Jan-20200.0242
 22-Mar-20180.0616
 25-Jan-20180.0322
 28-Dec-20170.0087
 30-Nov-20170.0515
 26-Oct-20170.0412
 28-Sep-20170.0418
 31-Aug-20170.0832
 27-Jul-20170.0480
 29-Jun-20170.0737
 25-May-20170.0079
Calendar Quarterly28-Mar-20190.0740

 30-Dec-20160.1694
 30-Sep-20160.1686
 24-Jun-20160.1616
 18-Mar-20160.1542
 23-Dec-20150.1603
 24-Sep-20150.1596
 26-Jun-20150.1721
 27-Mar-20150.0379
Dividend Yearly28-Mar-20190.1585

 27-Mar-20150.7153
 28-Mar-20140.0282

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

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM