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3 star

BNP Paribas Overnight Fund - Regular Plan


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 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 2.77 0.01 0.07 0.27 0.78 1.55 3.06 -- -- -- --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 -- -- -- --
Debt: Overnight 2.78 0.01 0.07 0.27 0.78 1.56 3.07 -- -- -- --
Rank within category 17 19 7 16 19 20 16 -- -- -- --
Number of funds in category 30 30 30 30 30 30 30 6 3 3 3

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 Overnight Fund - Regular Plan
3 star
Apr-19 3.06 -- -- 0.18% 27
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.12 -- -- 0.12% 12,897
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.10 4.13 4.51 0.12% 10,537
DSP Overnight Fund - Regular Plan  | Invest Online
4 star
Jan-19 3.08 -- -- 0.14% 3,147
Edelweiss Overnight Fund - Regular Plan  | Invest Online
5 star
Jul-19 3.09 -- -- 0.16% 757

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.14 26-Apr-2019 - 05-May-2019 0.01 26-Mar-2020 - 02-Apr-2020
Month 0.52 18-Apr-2019 - 20-May-2019 0.21 25-Mar-2020 - 24-Apr-2020
Quarter 1.45 26-Apr-2019 - 28-Jul-2019 0.70 25-Mar-2020 - 24-Jun-2020
Year 5.05 12-Apr-2019 - 12-Apr-2020 2.94 23-Mar-2020 - 23-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.25 0.40 -1.53 -4.22 -- --
Debt: Overnight* 4.01 0.36 0.38 2.00 0.61 0.52
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 1
Modified Duration (yrs) 0.01 0.03 0.00 --
Average Maturity (yrs) 0.01 0.03 0.00 --
Yield to Maturity (%) 3.37 3.37 3.00 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 31-Oct-2021

Fund Manager

— Mayank Prakash since 10-Apr-2019

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 10-Apr-2019

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:


0.01%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 1,103.0729

IDCW Weekly: ₹ 1,000.3368

IDCW Daily: ₹ 1,000.0000


Investment Strategy

The scheme seeks to generate regular returns in line with investments in overnight securities maturing on or before next business day.

Investment Details

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

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 12-Apr-2019
Return Since Launch: 3.79%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 27 Cr (As on 31-Oct-2021)
Expense: 0.18% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily28-Nov-20210.1683

 26-Nov-20210.0838
 25-Nov-20210.0828
 24-Nov-20210.0849
 23-Nov-20210.0914
 22-Nov-20210.1006
 21-Nov-20210.2836
 18-Nov-20210.0939
 17-Nov-20210.0847
 16-Nov-20210.0835
 15-Nov-20210.0840
 14-Nov-20210.1731
 12-Nov-20210.0862
 11-Nov-20210.0814
 10-Nov-20210.0828
 09-Nov-20210.0855
 08-Nov-20210.0803
 07-Nov-20210.3637
 03-Nov-20210.0901
 02-Nov-20210.0868
 01-Nov-20210.0843
 31-Oct-20210.1746
 29-Oct-20210.0869
 28-Oct-20210.0823
 27-Oct-20210.0876
IDCW Weekly25-Nov-20210.6432

 18-Nov-20210.6051
 11-Nov-20210.3299
 07-Nov-20210.8860
 28-Oct-20210.6085
 21-Oct-20210.5996
 14-Oct-20210.5576
 07-Oct-20210.5735
 30-Sep-20210.5950
 23-Sep-20210.5949
 16-Sep-20210.5778
 09-Sep-20210.5508
 02-Sep-20210.5614
 26-Aug-20210.5636
 19-Aug-20210.5651
 12-Aug-20210.5577
 05-Aug-20210.5738
 29-Jul-20210.5846
 22-Jul-20210.6121
 15-Jul-20210.5822
 08-Jul-20210.5808
 01-Jul-20210.5845
 24-Jun-20210.5846
 17-Jun-20210.5903
 10-Jun-20210.5838

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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