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3 star

BNP Paribas Low Duration Fund


Debt: Low Duration

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 0.22 0.00 0.09 0.28 0.71 1.51 3.62 5.78 6.17 6.69 7.43
CCIL T Bill Liquidity Weight 0.09 0.01 0.06 0.18 0.52 1.04 2.10 3.09 3.50 3.91 4.43
Debt: Low Duration 0.19 0.01 0.08 0.29 0.74 1.87 3.87 4.22 5.22 6.03 7.04
Rank within category 6 19 10 15 16 20 14 11 12 11 10
Number of funds in category 23 23 23 23 23 23 23 23 22 20 18

As on 18-Jan-2022

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
3 star
Oct-05 3.62 5.78 6.17 1.10% 265
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 3.80 6.91 6.98 0.52% 26,625
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 3.76 6.48 6.44 1.04% 19,527
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.80 6.35 6.51 1.23% 15,125
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.65 6.44 6.73 1.18% 10,161

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.86 07-Jun-2019 - 14-Jun-2019 -5.77 31-May-2019 - 07-Jun-2019
Month 5.93 07-Jun-2019 - 09-Jul-2019 -5.03 08-May-2019 - 07-Jun-2019
Quarter 7.59 07-Jun-2019 - 06-Sep-2019 -3.86 08-Mar-2019 - 07-Jun-2019
Year 13.91 04-Jun-2019 - 03-Jun-2020 1.79 07-Jun-2018 - 07-Jun-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.74 1.23 1.64 2.63 1.45 2.88
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Low Duration 4.46 4.36 1.22 2.76 -0.84 0.22
Rank within category 11 11 12 12 20 11
Number of funds in category 24 24 24 24 24 24

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

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 16 10 56
Modified Duration (yrs) 0.90 0.91 0.50 0.66
Average Maturity (yrs) 0.99 0.99 0.54 0.87
Yield to Maturity (%) 4.72 4.72 3.78 4.84
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
new Britannia Inds. 28/08/2022 Non Convertible Debenture AAA 0.00 - 9.69 9.69
equal Axis Bank 16/06/2022 Certificate of Deposit A1+ 0.00 - 9.26 9.26
equal Jamnagar Utilities and Power 335-D 21/09/2022 Commercial Paper A1+ 0.00 - 9.12 9.12
equal 7.45% LIC Housing Fin. 2023 Non Convertible Debenture AAA 0.00 - 7.72 7.72
equal 7.03% REC 2022 Non Convertible Debenture AAA 0.00 - 7.66 7.66
equal 6.51% GOI 2024 GOI Securities SOV 0.00 - 7.47 7.47
equal 6.60% Muthoot Finance 20/06/2023 Debenture AA+ 0.00 - 6.46 6.46
equal 8.10% Sundaram Home Finance 2022 Non Convertible Debenture AA+ 0.00 - 5.80 5.80
equal 5.85% Cholamandalam Investment & Finance Company 21/03/2023 Debenture AA+ 0.00 - 5.67 5.67
up 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 5.66 5.66
equal AU Small Finance Bank 2022 Certificate of Deposit A1+ 0.00 - 5.62 5.62
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 7.87 4.71
new 9.50% Piramal Capital & Housing Finance 15/04/2022 Debenture AA 0.00 - 4.69 4.69
new 6.99% HDFC 13/02/2023 Debenture AAA 0.00 - 2.69 2.69
equal 7.12% REC 31/03/2023 Non Convertible Debenture AAA 0.58 - 0.86 0.81
new 9.50% Piramal Capital & Housing Finance 21/04/2022 Debenture AA 0.00 - 0.58 0.58

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-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:


0.00%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 32.6547

IDCW Weekly: ₹ 10.0145

More

IDCW Monthly: ₹ 10.2970

IDCW Daily: ₹ 10.0604


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 300
Min. No of Cheques 20
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 21-Oct-2005
Return Since Launch: 7.55%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 265 Cr (As on 31-Dec-2021)
Expense: 1.10% (As on 31-Dec-2021)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily18-Jan-20220.0001

 17-Jan-20220.0024
 14-Jan-20220.0018
 13-Jan-20220.0040
 12-Jan-20220.0008
 11-Jan-20220.0016
 10-Jan-20220.0027
 07-Jan-20220.0023
 06-Jan-20220.0012
 05-Jan-20220.0008
 03-Jan-20220.0042
 31-Dec-20210.0019
 30-Dec-20210.0021
 29-Dec-20210.0008
 28-Dec-20210.0002
 27-Dec-20210.0011
 20-Dec-20210.0004
 17-Dec-20210.0004
 15-Dec-20210.0008
 14-Dec-20210.0006
 13-Dec-20210.0018
 09-Dec-20210.0000
 08-Dec-20210.0038
 07-Dec-20210.0002
 06-Dec-20210.0024
IDCW Weekly13-Jan-20220.0113

 06-Jan-20220.0079
 30-Dec-20210.0053
 16-Dec-20210.0029
 09-Dec-20210.0068
 02-Dec-20210.0107
 25-Nov-20210.0021
 18-Nov-20210.0066
 11-Nov-20210.0028
 08-Nov-20210.0095
 21-Oct-20210.0028
 14-Oct-20210.0114
 07-Oct-20210.0001
 23-Sep-20210.0022
 16-Sep-20210.0056
 09-Sep-20210.0078
 02-Sep-20210.0095
 26-Aug-20210.0065
 20-Aug-20210.0101
 12-Aug-20210.0082
 05-Aug-20210.0056
 29-Jul-20210.0076
 22-Jul-20210.0093
 15-Jul-20210.0075
 08-Jul-20210.0120
IDCW Monthly30-Dec-20210.0400

 25-Nov-20210.0400
 28-Oct-20210.0400
 30-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
 27-Feb-20200.0497
 30-Jan-20200.0511
 26-Dec-20190.0309
 28-Nov-20190.0449
 31-Oct-20190.0660
 26-Sep-20190.0347
 29-Aug-20190.0483
 25-Jul-20190.0066
 30-May-20190.0688

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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