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:
|CCIL T Bill Liquidity Weight||1.85||0.02||0.06||0.18||0.45||1.07||1.97||--||--||--||--|
|Debt: Money Market||3.44||0.01||0.07||0.36||0.84||1.86||3.71||--||--||--||--|
|Rank within category||18||18||17||11||1||18||18||--||--||--||--|
|Number of funds in category||18||20||20||20||20||18||18||14||12||12||0|
As on 30-Nov-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Baroda Money Market Fund - Direct Plan||Jun-19||3.16||--||--||0.10%||40|
|HDFC Money Market Fund - Direct Plan | Invest Online||Jan-13||3.86||6.44||6.67||0.21%||15,828|
|Aditya Birla Sun Life Money Manager Fund - Direct Plan | Invest Online||Jan-13||3.90||6.45||6.79||0.21%||14,819|
|ICICI Prudential Money Market Fund - Direct Plan | Invest Now||Jan-13||3.78||6.20||6.58||0.21%||13,305|
|Tata Money Market Fund - Direct Plan | Invest Online||Jan-13||4.06||6.49||5.13||0.25%||7,126|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||0.40||24-Mar-2020 - 31-Mar-2020||-0.11||17-Mar-2020 - 24-Mar-2020|
|Month||0.94||02-Jul-2019 - 01-Aug-2019||0.21||05-Jan-2021 - 04-Feb-2021|
|Quarter||2.13||02-Jul-2019 - 01-Oct-2019||0.70||24-Nov-2020 - 23-Feb-2021|
|Year||6.44||21-Jun-2019 - 22-Jun-2020||3.06||26-Oct-2020 - 26-Oct-2021|
|CCIL T Bill Liquidity Weight*||3.25||0.40||-1.53||-4.22||--||--|
|Debt: Money Market*||6.29||0.93||2.80||7.34||1.60||3.40|
|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-Oct-2021
|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||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|8.39% Rajasthan State 24/02/2026||State Development Loan||SOV||0.00 - 41.00||25.43|
|Reserve Bank of India 182-D 16/12/2021||Treasury Bills||SOV||0.00 - 24.81||12.46|
|JM Financial Services 91-D 29/11/2021||Commercial Paper||A1+||0.00 - 7.98||4.99|
|Piramal Capital & Housing Finance 90-D 30/11/2021||Commercial Paper||A1+||0.00 - 7.94||4.98|
|Birla Group Holdings 91-D 21/12/2021||Commercial Paper||A1+||0.00 - 7.96||4.98|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2021
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.
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.
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.
|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|
|Fund House:||Baroda Mutual Fund|
|Return Since Launch:||4.53%|
|Benchmark:||CRISIL Money Market Index|
|Riskometer:||Low to Moderate|
|Assets:||₹ 40 Cr (As on 31-Oct-2021)|
|Expense:||0.10% (As on 31-Oct-2021)|
|Plan||Record Date||Dividend (₹ / Unit)|
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]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]