Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Low to Moderate
₹1,307.6310 0.01%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Baroda BNP Paribas Money Market Fund - Direct Plan
|
|
|
Low to Moderate
|
Please wait... |
0.23 |
|
 |
|
Low to Moderate
|
Please wait... |
0.23 |
||
 |
|
Low to Moderate
|
Please wait... |
0.15 |
||
|
|
Moderate
|
Please wait... |
0.22 |
||
|
|
Low to Moderate
|
Please wait... |
0.21 |
₹263 Cr
--
5,000
--
500
6
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.
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."
Capital Gains Taxation
Dividend Taxation
Baroda BNP Paribas Money Market Fund - Direct Plan is mandated to invest in bonds having maturity of up to one year and therefore, it is suitable to invest in for a similar time frame.
Mutual funds can be bought directly from the website of the fund house. For instance, Baroda BNP Paribas Money Market Fund - Direct Plan fund can be purchased from the website of Baroda BNP Paribas Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Baroda BNP Paribas Money Market Fund - Direct Plan is ₹1,307.6310 as of 14-Aug-2024.
The AUM of Baroda BNP Paribas Money Market Fund - Direct Plan Fund is ₹263 Cr as of 31-Jul-2024
The riskometer level of Baroda BNP Paribas Money Market Fund - Direct Plan is Low to Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
Karnataka State SDL 5.75 10/06/2025 |
9.42
|
|
Export-Import Bank Of India CD 24/03/2025 |
7.99
|
|
Canara Bank CD 16/01/2025 |
7.36
|
|
Union Bank of India CD 18/03/2025 |
7.27
|
|
Punjab National Bank CD 10/07/2025 |
7.10
|
As of 31-Jul-2024, Baroda BNP Paribas Money Market Fund - Direct Plan had invested 99.81% in Debt and 0.19% in Cash & Cash Eq. See More
Baroda BNP Paribas Money Market Fund - Direct Plan is 5 years 1 months old. It has delivered 5.34% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.26%
|
5.83%
|
5.20%
|
--
|
--
|
5.34%
|
No, There is no lock in period in Baroda BNP Paribas Money Market Fund - Direct Plan.
The expense ratio of Baroda BNP Paribas Money Market Fund - Direct Plan is 0.23.
Mutual Funds 
Baroda BNP Paribas Baroda BNP Paribas Money Market Fund - Direct Plan
