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Unrated

BNP Paribas Low Duration Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

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 3.18 0.02 0.12 0.18 0.94 2.10 4.34 7.01 6.88 7.36 7.75
CCIL T Bill Liquidity Weight 1.64 0.03 0.06 0.17 0.57 1.12 2.12 3.34 3.63 4.07 4.53
Debt: Low Duration 3.44 0.01 0.12 0.75 1.50 2.54 4.56 4.79 5.48 6.28 7.23

As on 14-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BNP Paribas Low Duration Fund - Regular Plan
Unrated
Oct-05 4.34 7.01 6.88 0.87 358
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 5.11 7.57 7.34 0.52 28,496
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 4.62 7.03 6.71 1.04 22,082
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 4.02 6.93 6.75 1.22 17,539
Axis Treasury Advantage Fund
4 star
Oct-09 4.13 7.03 6.87 0.61 10,509

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.87 07-Jun-2019 - 14-Jun-2019 -5.76 31-May-2019 - 07-Jun-2019
Month 5.97 07-Jun-2019 - 09-Jul-2019 -5.00 08-May-2019 - 07-Jun-2019
Quarter 7.71 07-Jun-2019 - 06-Sep-2019 -3.75 08-Mar-2019 - 07-Jun-2019
Year 14.99 04-Jun-2019 - 03-Jun-2020 2.14 07-Jun-2018 - 07-Jun-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.88 1.27 2.32 3.51 1.43 3.81
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Low Duration 4.96 4.36 1.42 2.87 -0.67 0.61

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 17 10 60
Modified Duration (yrs) 0.62 0.95 0.50 0.68
Average Maturity (yrs) 0.67 1.06 0.54 1.05
Yield to Maturity (%) 4.11 4.34 3.60 4.54
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 91-D 28/10/2021 Treasury Bills SOV 0.00 - 14.04 13.93
new 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 0.00 - 7.12 7.12
new 7.45% LIC Housing Fin. 2023 Non Convertible Debenture AAA 0.00 - 5.77 5.77
new 7.03% REC 2022 Non Convertible Debenture AAA 0.00 - 5.71 5.71
new HDFC-Warrant 362-D 22/08/2022 Commercial Paper A1+ 0.00 - 5.39 5.39
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 0.00 - 5.70 4.81
equal 8.10% Sundaram Home Finance 2022 Non Convertible Debenture AA+ 0.00 - 5.05 4.33
new 5.85% Cholamandalam Investment & Finance Company 21/03/2023 Debenture AA+ 0.00 - 4.21 4.21
new AU Small Finance Bank 2022 Certificate of Deposit A1+ 0.00 - 4.11 4.11
equal 8.25% L&T Finance 24/01/2023 Debenture AAA 0.00 - 4.83 4.06
new 5.74% REC 20/06/2024 Debenture AAA 0.00 - 2.82 2.82
new 4.79% Hindustan Petroleum Corporation 23/10/2023 Debenture AAA 0.00 - 3.73 2.80
equal 7.34% Housing & Urban Development Corporation 16/09/2022 Debenture AAA 1.83 - 3.08 2.15
new 9.09% Tamilnadu State 19/10/2021 State Development Loan SOV 0.00 - 1.40 1.40
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.00 - 1.03 0.86
equal 7.12% REC 31/03/2023 Non Convertible Debenture AAA 0.51 - 0.86 0.61

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-Sep-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:


0.02%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 32.3354

IDCW Weekly: ₹ 10.0102

More

IDCW Monthly: ₹ 10.4163

IDCW Daily: ₹ 10.0499


Investment Strategy

The Scheme seeks to provide income consistent with the prudent risk from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 10,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 10
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 21-Oct-2005
Return Since Launch: 7.61%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 358 Cr (As on 30-Sep-2021)
Expense: 0.87% (As on 30-Apr-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Oct-20210.0019

 13-Oct-20210.0042
 12-Oct-20210.0016
 11-Oct-20210.0025
 04-Oct-20210.0031
 01-Oct-20210.0009
 23-Sep-20210.0003
 21-Sep-20210.0007
 20-Sep-20210.0019
 17-Sep-20210.0000
 16-Sep-20210.0004
 15-Sep-20210.0005
 14-Sep-20210.0007
 13-Sep-20210.0030
 09-Sep-20210.0005
 07-Sep-20210.0006
 06-Sep-20210.0024
 03-Sep-20210.0006
 02-Sep-20210.0015
 01-Sep-20210.0042
 31-Aug-20210.0013
 30-Aug-20210.0046
 27-Aug-20210.0010
 26-Aug-20210.0004
 24-Aug-20210.0008
IDCW Weekly14-Oct-20210.0124

 07-Oct-20210.0018
 23-Sep-20210.0029
 16-Sep-20210.0065
 09-Sep-20210.0087
 02-Sep-20210.0104
 26-Aug-20210.0073
 20-Aug-20210.0091
 12-Aug-20210.0091
 05-Aug-20210.0064
 29-Jul-20210.0085
 22-Jul-20210.0101
 15-Jul-20210.0084
 08-Jul-20210.0128
 01-Jul-20210.0065
 24-Jun-20210.0063
 17-Jun-20210.0089
 10-Jun-20210.0075
 03-Jun-20210.0071
 27-May-20210.0128
 20-May-20210.0018
 14-May-20210.0088
 06-May-20210.0101
 29-Apr-20210.0100
 22-Apr-20210.0104
IDCW Monthly30-Sep-20210.0400

 26-Aug-20210.0400
 29-Jul-20210.0400
 24-Jun-20210.0400
 27-May-20210.0400
 29-Apr-20210.0400
 18-Mar-20210.0400
 25-Feb-20210.0400
 28-Jan-20210.0400
 24-Dec-20200.0400
 02-Nov-20200.0400
 25-Sep-20200.0400
 28-Aug-20200.0400
 28-Feb-20200.0518
 30-Jan-20200.0525
 26-Dec-20190.0689
 28-Nov-20190.0472
 31-Oct-20190.0689
 26-Sep-20190.0372
 29-Aug-20190.0515
 25-Jul-20190.0112
 30-May-20190.0725
 25-Apr-20190.0424
 28-Mar-20190.0513
 28-Feb-20190.0387

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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over