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Mutual Funds

Baroda BNP Paribas Floater Fund

Ba

Baroda BNP Paribas Floater Fund

FloaterRank #3
Not Rated

NAV (2024-09-10)

11.18

AUM

₹18.94 Cr

Exp. Ratio: 0.64%

RISK LEVEL

Moderate

Returns & Performance

1 Year8.29%2.56% vs cat avgRank #3
3 Year----
5 Year----
Since Launch8.41%--

Fund vs Category Average

1Y
8.29%+2.56%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
No lock-in period
Top-5 ranked in category for 1Y (#3)
Overall top-10 rank in category (#3)

Cons

3Y returns below category average
ISININF251K01RU1
NAV₹11.18
NAV Date2024-09-10
AUM₹18.94 Cr
Expense Ratio0.64%
RiskModerate
RatingNot Rated / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2004-04-15

INVESTMENT OBJECTIVE

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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Vikram Pamnani

Mr. Pamnani holds PGDM in Finance.

Prior to joining Baroda BNP Paribas Mutual Fund, he worked with Essel Finance AMC Ltd. as Fund Manager, Canara Robeco AMC Ltd. as Fixed Income Dealer & Deutsche Bank as Process Executive.

Top Holdings

Holdings data not available for this scheme