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Baroda Money Market Fund - Regular Plan


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.03 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 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:

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 2.61 0.01 0.09 0.34 0.82 1.57 2.86 -- -- -- --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 -- -- -- --
Debt: Money Market 3.12 0.01 0.07 0.30 0.78 1.72 3.40 -- -- -- --
Rank within category 15 12 1 1 8 14 15 -- -- -- --
Number of funds in category 18 20 20 20 19 18 18 14 12 12 12

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)
Baroda Money Market Fund - Regular Plan
1 star
Jun-19 2.86 -- -- 0.39% 40
HDFC Money Market Fund  | Invest Online
5 star
Nov-99 3.72 6.27 6.48 0.35% 15,828
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 3.79 6.34 6.67 0.33% 14,819
ICICI Prudential Money Market Fund  | Invest Now
4 star
Mar-06 3.65 6.09 6.46 0.33% 13,305
Tata Money Market Fund - Regular Plan  | Invest Online
4 star
May-03 3.86 6.35 5.00 0.43% 7,126

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.18 05-Jan-2021 - 04-Feb-2021
Quarter 2.05 02-Jul-2019 - 01-Oct-2019 0.62 06-Nov-2020 - 05-Feb-2021
Year 6.14 21-Jun-2019 - 22-Jun-2020 2.74 26-Oct-2020 - 26-Oct-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: Money Market* 6.01 0.93 2.51 6.57 1.60 3.12
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 5 6 1 45
Modified Duration (yrs) 0.12 0.32 0.00 --
Average Maturity (yrs) 0.13 0.33 0.00 --
Yield to Maturity (%) 3.70 3.82 1.84 --
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.39% Rajasthan State 24/02/2026 State Development Loan SOV 0.00 - 41.00 25.43
equal Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 24.81 12.46
equal JM Financial Services 91-D 29/11/2021 Commercial Paper A1+ 0.00 - 7.98 4.99
equal Piramal Capital & Housing Finance 90-D 30/11/2021 Commercial Paper A1+ 0.00 - 7.94 4.98
equal Birla Group Holdings 91-D 21/12/2021 Commercial Paper A1+ 0.00 - 7.96 4.98

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-Oct-2021

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 Asset Management India Limited, he has worked with CRISIL Ltd, ICICI bank and Sterlite Industries ltd.

Funds Managed:


0.01%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 1,106.2665

IDCW Weekly: ₹ 1,000.4404

More

IDCW Monthly: ₹ 1,003.4619

IDCW Daily: ₹ 1,005.9383


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 19-Jun-2019
Return Since Launch: 4.22%
Benchmark: CRISIL Money Market Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 40 Cr (As on 31-Oct-2021)
Expense: 0.39% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.0643

 25-Nov-20210.1477
 24-Nov-20210.0082
 23-Nov-20210.1286
 22-Nov-20210.4111
 18-Nov-20210.2994
 17-Nov-20210.0045
 16-Nov-20210.1767
 15-Nov-20210.2228
 12-Nov-20210.0936
 11-Nov-20210.0850
 09-Nov-20210.1895
 08-Nov-20210.5871
 03-Nov-20210.1395
 02-Nov-20210.1975
 01-Nov-20210.2238
 29-Oct-20210.1687
 28-Oct-20210.0619
 27-Oct-20210.0121
 25-Oct-20210.2026
 22-Oct-20210.0844
 21-Oct-20210.0507
 20-Oct-20210.0428
 18-Oct-20210.2833
 14-Oct-20210.0195
IDCW Weekly22-Nov-20210.9440

 15-Nov-20210.5568
 08-Nov-20210.9068
 01-Nov-20210.8837
 18-Oct-20210.6503
 11-Oct-20210.5880
 04-Oct-20210.5201
 27-Sep-20210.6053
 20-Sep-20210.6222
 13-Sep-20210.5431
 06-Sep-20210.6674
 30-Aug-20210.7068
 23-Aug-20210.5554
 17-Aug-20210.9654
 09-Aug-20210.6174
 02-Aug-20210.7904
 26-Jul-20210.4009
 19-Jul-20210.5608
 12-Jul-20210.6039
 05-Jul-20210.4591
 28-Jun-20210.5226
 21-Jun-20210.5824
 14-Jun-20210.4337
 07-Jun-20210.4880
 31-May-20210.5516
IDCW Monthly27-Oct-20212.2193

 27-Sep-20212.7687
 27-Aug-20212.8669
 27-Jul-20212.3238
 25-Jun-20212.0252
 27-May-20212.2191
 27-Apr-20212.6115
 26-Mar-20211.7806
 26-Feb-20212.1525
 27-Jan-20212.6588
 24-Dec-20202.0372
 27-Nov-20202.4551
 27-Oct-20202.6679
 25-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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