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.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Baroda BNP Paribas Floater Fund is ₹11.18 as of 2024-09-10.
Baroda BNP Paribas Floater Fund is classified as a Floater fund.
The Assets Under Management (AUM) of Baroda BNP Paribas Floater Fund is ₹18.94 Cr.
The expense ratio of Baroda BNP Paribas Floater Fund is 0.64%.
Baroda BNP Paribas Floater Fund is managed by Vikram Pamnani.
The minimum SIP investment for Baroda BNP Paribas Floater Fund is ₹500.
As per the SEBI Riskometer, Baroda BNP Paribas Floater Fund carries a Moderate risk level.
Baroda BNP Paribas Floater Fund has delivered 8.29% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2024-09-10.
Baroda BNP Paribas Floater Fund was launched on 2004-04-15.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
