VR Logo

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.

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 2.25 0.01 0.06 0.26 0.76 1.55 3.02 -- -- -- --
CCIL T Bill Liquidity Weight 1.54 0.01 0.03 0.16 0.61 1.03 2.19 -- -- -- --
Debt: Overnight 2.26 0.01 0.06 0.26 0.76 1.55 3.02 -- -- -- --
Rank within category 17 13 18 7 17 16 14 -- -- -- --
Number of funds in category 30 30 30 30 30 30 30 4 3 3 3

As on 28-Sep-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 3.02 -- -- 0.18 21
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 3.01 -- -- 0.19 7,804
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.07 -- -- 0.15 6,778
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.04 4.30 4.88 0.12 5,884
DSP Overnight Fund - Regular Plan  | Invest Online
4 star
Jan-19 3.03 -- -- 0.13 1,527

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* 3.37 0.39 -1.71 -4.34 -- --
Debt: Overnight* 4.18 0.38 0.33 1.71 0.63 0.55
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-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 1
Modified Duration (yrs) 0.01 0.01 0.00 --
Average Maturity (yrs) 0.01 0.01 0.00 --
Yield to Maturity (%) 3.12 3.36 3.00 3.13
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

The underlying data is unavailable.

As on 31-Aug-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 28-Sep-2021

Growth: ₹ 1,097.2288

IDCW Weekly: ₹ 1,000.4247

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: 3.83%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 21 Cr (As on 31-Aug-2021)
Expense: 0.18% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily27-Sep-20210.0840

 26-Sep-20210.1699
 24-Sep-20210.0846
 23-Sep-20210.0850
 22-Sep-20210.0848
 21-Sep-20210.0846
 20-Sep-20210.0846
 19-Sep-20210.1697
 17-Sep-20210.0845
 16-Sep-20210.0839
 15-Sep-20210.0825
 14-Sep-20210.0818
 13-Sep-20210.0811
 12-Sep-20210.2464
 09-Sep-20210.0818
 08-Sep-20210.0797
 07-Sep-20210.0786
 06-Sep-20210.0770
 05-Sep-20210.1550
 03-Sep-20210.0770
 02-Sep-20210.0782
 01-Sep-20210.0787
 31-Aug-20210.0801
 30-Aug-20210.0796
 29-Aug-20210.1623
IDCW Weekly23-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
 03-Jun-20210.5838
 27-May-20210.5956
 20-May-20210.5925
 13-May-20210.5925
 06-May-20210.5803
 29-Apr-20210.5815
 22-Apr-20210.5794
 15-Apr-20210.5670
 08-Apr-20210.2931

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

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM