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Unrated

Baroda Money Market Fund - Regular Plan


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

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 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 3.37 0.01 0.08 0.34 0.79 1.65 4.50 -- -- -- --
CCIL T Bill Liquidity Weight 2.68 0.01 0.05 0.22 0.58 1.34 3.27 -- -- -- --
Debt: Money Market 4.88 0.02 0.09 0.38 0.96 2.91 6.05 -- -- -- --
Rank within category 17 16 13 15 16 18 17 -- -- -- --
Number of funds in category 18 19 19 19 19 19 18 12 12 12 11

As on 20-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Money Market Fund - Regular Plan
Unrated
Jun-19 4.50 -- -- 0.65 24
HDFC Money Market Fund  | Invest Online
5 star
Nov-99 6.97 7.51 7.34 0.35 10,543
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 7.04 7.70 7.56 0.34 9,629
ICICI Prudential Money Market Fund  | Invest Now
4 star
Mar-06 6.67 7.44 7.37 0.33 8,615
Nippon India Money Market Fund  | Invest Online
4 star
Jun-05 6.42 7.49 7.38 0.25 5,762

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.39 (24-Mar-2020 - 31-Mar-2020) -0.11 (17-Mar-2020 - 24-Mar-2020)
Month 0.92 (24-Mar-2020 - 23-Apr-2020) 0.19 (30-Jun-2020 - 30-Jul-2020)
Quarter 2.05 (02-Jul-2019 - 01-Oct-2019) 0.64 (26-May-2020 - 25-Aug-2020)
Year 6.14 (21-Jun-2019 - 22-Jun-2020) 4.51 (16-Oct-2019 - 15-Oct-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.90 0.32 -3.63 -6.95 -- --
Debt: Money Market* 6.82 0.85 2.98 6.24 0.89 2.78
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 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 7 1 37
Modified Duration (yrs) 0.22 0.38 0.01 0.34
Average Maturity (yrs) 0.23 0.40 0.01 0.33
Yield to Maturity (%) 3.73 5.46 3.10 3.73
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 Reserve Bank of India 182-D 14/01/2021 Treasury Bills SOV 0.00 - 20.67 20.67
equal Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 12.93 8.34
new Muthoot Finance 91-D 21/10/2020 Commercial Paper A1+ 0.00 - 8.33 8.33
new National Bank Agr. Rur. Devp 27/07/2021 Certificate of Deposit A1+ 0.00 - 8.09 8.09
new NTPC 364-D 14/09/2021 Commercial Paper A1+ 0.00 - 8.04 8.04
new Motilal Oswal Financial 89-D 28/10/2020 Commercial Paper A1+ 0.00 - 7.90 7.90
new RBL Bank 2020 Certificate of Deposit A1+ 0.00 - 5.80 5.80

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-2020

Fund Manager

— Alok Sahoo since 13-Jun-2019

Education: Mr. Sahoo is a B.E and PGDM from XIM Bhubaneshwar.

Experience: Prior to joining Baroda AMC he has worked with UTI Mutual Fund and HSBC Mutual Fund.

Funds Managed:

— Karn Kumar since 13-Jun-2019

Education: Mr. Kumar is CA and B.com(Hons)

Experience: Prior to joining Baroda Pioneer Mutual Fund, he has worked with CRISIL Ltd, ICICI bank and Sterlite Industries ltd.

Funds Managed:


0.01%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 1,072.4721

Dividend Weekly: ₹ 1,000.6968

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Dividend Monthly: ₹ 1,002.7941

Dividend Daily: ₹ 1,005.8462


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 19-Jun-2019
Return Since Launch: 5.36%
Benchmark: CRISIL Money Market Index
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 24 Cr (As on 30-Sep-2020)
Expense: 0.65% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily19-Oct-20200.2312

 16-Oct-20200.1203
 15-Oct-20200.1511
 14-Oct-20200.0400
 13-Oct-20200.1357
 12-Oct-20200.2209
 09-Oct-20200.1654
 08-Oct-20200.1147
 07-Oct-20200.1829
 06-Oct-20200.0505
 05-Oct-20200.3497
 01-Oct-20200.0420
 30-Sep-20200.1802
 29-Sep-20200.0718
 28-Sep-20200.1791
 25-Sep-20200.0969
 24-Sep-20200.0862
 22-Sep-20200.1043
 21-Sep-20200.2339
 18-Sep-20200.0180
 17-Sep-20200.1246
 16-Sep-20200.0805
 15-Sep-20200.0832
 14-Sep-20200.2216
 11-Sep-20200.0652
Dividend Weekly12-Oct-20200.6366

 05-Oct-20200.6332
 28-Sep-20200.6032
 21-Sep-20200.5770
 14-Sep-20200.5526
 07-Sep-20200.7526
 31-Aug-20200.6408
 24-Aug-20200.6260
 17-Aug-20201.5930
 10-Aug-20201.0477
 27-Jul-20200.8952
 20-Jul-20200.7162
 13-Jul-20201.2141
 06-Jul-20200.8936
 29-Jun-20200.7218
 22-Jun-20200.7664
 15-Jun-20200.6288
 08-Jun-20200.7521
 01-Jun-20200.5740
 26-May-20200.9512
 18-May-20201.1310
 11-May-20200.9625
 04-May-20201.3259
 20-Apr-20200.7927
 13-Apr-20200.6388
Dividend Monthly25-Sep-20202.6638

 27-Aug-20203.5618
 27-Jul-20203.7953
 26-Jun-20203.3552
 27-May-20206.8587
 27-Mar-20202.7505
 27-Feb-20204.0488
 27-Jan-20204.4255
 27-Dec-20193.2901

Contact Information

AMC: Baroda Asset Management India Ltd

Address: 501, Raheja Titanium, Western Express Highway, Goregoan, (E) Mumbai - 400063

Phone: +91 22-3074 1000

Fax: +91 22-3074 1001

Email: [email protected]

Website: http://www.barodapioneer.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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