Analyst’s Choice
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 Floater Fund - Direct Plan
|
Moderate
|
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0.24 |
|||
Low to Moderate
|
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0.26 |
||||
Low to Moderate
|
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0.23 |
||||
Moderate
|
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0.56 |
||||
Moderate
|
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0.31 |
₹18 Cr
--
5,000
--
500
6
Investment Strategy
The scheme seeks to generate regular income through investment in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt and money market instruments.
Suitability
"This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.
They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
Baroda BNP Paribas Floater Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest.
Mutual funds can be bought directly from the website of the fund house. For instance, Baroda BNP Paribas Floater 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 Floater Fund - Direct Plan is ₹11.1813 as of 14-Aug-2024.
The AUM of Baroda BNP Paribas Floater Fund - Direct Plan Fund is ₹18 Cr as of 31-Jul-2024
The riskometer level of Baroda BNP Paribas Floater Fund - Direct Plan is Moderate. See More
Company | Percentage of Portfolio |
---|---|
GOI GOI FRB 22/09/2033 |
91.98
|
As of 31-Jul-2024, Baroda BNP Paribas Floater Fund - Direct Plan had invested 96.59% in Debt and 3.41% in Cash & Cash Eq. See More
Baroda BNP Paribas Floater Fund - Direct Plan is 1 years 3 months old. It has delivered 8.96% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
8.82%
|
--
|
--
|
--
|
--
|
8.96%
|
No, There is no lock in period in Baroda BNP Paribas Floater Fund - Direct Plan.
The expense ratio of Baroda BNP Paribas Floater Fund - Direct Plan is 0.24.