Suitability:
Money Market debt funds invest in bonds with maturity of up to 1 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 3 months maturity, from the one that invests in bonds maturing in 3-6 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 the next one year in a Liquid fund.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1 Month | 3 Months | 1 Years | 3 Years | 5 Years | 10 Years | |
---|---|---|---|---|---|---|---|
Fund | -- | 0.48 | 1.61 | -- | -- | -- | -- |
CCIL T Bill Liquidity Weight | -- | 0.30 | 0.89 | -- | -- | -- | -- |
Debt: Money Market | -- | 0.49 | 1.64 | -- | -- | -- | -- |
Rank within category | -- | 16 | 15 | -- | -- | -- | -- |
Number of funds in category | 17 | 19 | 19 | 17 | 13 | 13 | 0 |
As on 13-Dec-2019
Best (Period) | Worst (Period) | |
---|---|---|
Month | 0.94 (02-Jul-2019 - 01-Aug-2019) | 0.46 (26-Aug-2019 - 25-Sep-2019) |
Quarter | 2.13 (02-Jul-2019 - 01-Oct-2019) | 1.65 (09-Aug-2019 - 08-Nov-2019) |
Year | -- ( - ) | -- ( - ) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | -- | -- | -- | -- | -- | -- |
CCIL T Bill Liquidity Weight* | 4.11 | 0.25 | -6.57 | -10.84 | -- | -- |
Debt: Money Market* | 7.10 | 0.70 | 3.22 | 8.70 | 0.98 | 2.97 |
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-Nov-2019
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 6 | 6 | 6 | 41 |
Modified Duration (yrs) | 0.23 | 0.43 | 0.01 | 0.35 |
Average Maturity (yrs) | 0.24 | 0.46 | 0.01 | 0.35 |
Yield to Maturity (%) | 5.16 | 6.46 | 5.16 | 5.50 |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
---|---|---|---|---|---|
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HDB Financial Services 352-D 04/03/2020 | Commercial Paper | A1+ | 10.83 - 23.80 | 22.31 |
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National Bank Agr. Rur. Devp 2020 | Certificate of Deposit | A1+ | 11.62 - 24.29 | 17.54 |
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Axis Finance 273-D 06/03/2020 | Commercial Paper | A1+ | 7.73 - 16.99 | 15.93 |
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SIDBI 2020 | Certificate of Deposit | A1+ | 7.75 - 17.00 | 15.93 |
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Indusind Bank 2020 | Certificate of Deposit | A1+ | 11.15 - 20.19 | 11.15 |
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HDFC 352-D 27/02/2020 | Commercial Paper | A1+ | 7.98 - 20.20 | 7.98 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
— 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:
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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 (₹) | -- |
Exit Load | 0 |
Fund House: | Baroda Mutual Fund |
Launch Date: | 19-Jun-2019 |
Benchmark: | CRISIL Money Market Index |
Riskometer: | Moderately Low |
Type: | Open-ended |
Assets: | ₹ 62 Cr (As on 30-Nov-2019) |
Expense: | 0.32% (As on 30-Nov-2019) |
Risk Grade: | -- |
Return Grade: | -- |
Turnover: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 13-Dec-2019 | 0.0550 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 27-Aug-2019 | 4.4958 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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: www.barodapioneer.in
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Phone: 040-23312454
Email: [email protected]
Website: www.karvymfs.com