1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
"Money Market debt funds invest in bonds with a maturity of up to one 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 over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. 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.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."
Taxability of earnings:
|Baroda BNP Paribas Money Market Fund Reg-G||1.55||0.04||0.09||0.35||0.66||1.59||3.19||4.01||--||--||--|
|CCIL T Bill Liquidity Weight||0.83||-0.02||0.06||0.18||0.33||0.88||1.92||2.68||--||--||--|
|Debt: Money Market||1.58||0.04||0.11||0.38||0.71||1.62||3.37||4.91||--||--||--|
|Rank within category||13||13||15||15||14||13||12||15||--||--||--|
|Number of funds in category||20||20||20||20||20||20||18||15||12||12||12|
As on 27-Jun-2022
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Baroda BNP Paribas Money Market Fund - Regular Plan||Jun-19||3.19||4.01||--||0.35%||18|
|Aditya Birla Sun Life Money Manager Fund | Invest Online||Oct-05||3.70||5.37||6.30||0.33%||13,543|
|HDFC Money Market Fund | Invest Online||Nov-99||3.66||5.33||6.14||0.41%||13,367|
|Nippon India Money Market Fund | Invest Online||Jun-05||3.84||5.19||6.18||0.28%||10,267|
|UTI Money Market Fund - Regular Plan | Invest Online||Jul-09||3.79||5.16||6.14||0.28%||9,403|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||0.39||24-Mar-2020 - 31-Mar-2020||-0.21||02-May-2022 - 09-May-2022|
|Month||0.92||24-Mar-2020 - 23-Apr-2020||0.00||12-Apr-2022 - 12-May-2022|
|Quarter||2.05||02-Jul-2019 - 01-Oct-2019||0.57||08-Mar-2022 - 07-Jun-2022|
|Year||6.14||21-Jun-2019 - 22-Jun-2020||2.74||26-Oct-2020 - 26-Oct-2021|
|Baroda BNP Paribas Money Market Fund Reg-G||--||--||--||--||--||--|
|CCIL T Bill Liquidity Weight*||2.69||0.37||-2.20||-4.41||--||--|
|Debt: Money Market*||4.90||0.81||1.87||4.99||1.49||2.61|
|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 31-May-2022
|Fund||1Y High||1Y Low||Category|
|Number of Securities||1||6||1||47|
|Modified Duration (yrs)||0.15||0.45||0.00||0.37|
|Average Maturity (yrs)||0.16||0.47||0.00||0.38|
|Yield to Maturity (%)||4.53||4.53||3.08||5.42|
|Avg Credit Rating||GOI/Cash||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|6.84% GOI 19/12/2022||GOI Securities||SOV||0.00 - 38.01||28.51|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2022
Education: Mr. Sahoo is a B.E and PGDM from XIM Bhubaneshwar.
Experience: Prior to joining Baroda BNP Paribas AMC, he has worked with UTI Mutual Fund and HSBC Mutual Fund.
Education: Mr. Pamnani holds PGDM in Finance.
Experience: Prior to joining Baroda 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.
The scheme seeks to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.
|Min. Investment (₹)||5,000|
|Min. Addl Investment (₹)||1,000|
|Min. SIP Investment (₹)||500|
|Min. No of Cheques||12|
|Min. Withdrawal (₹)||--|
|Min. Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Fund House:||Baroda BNP Paribas Mutual Fund|
|Return Since Launch:||4.02%|
|Benchmark:||CRISIL Money Market Fund BI Index|
|Assets:||₹ 18 Cr (As on 31-May-2022)|
|Expense:||0.35% (As on 31-May-2022)|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Baroda BNP Paribas Asset Management (India) Private Ltd.
Address: BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai - 400051
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]