Baroda BNP Paribas Overnight Fund
(An open-ended debt scheme investing in overnight securities.
A Relatively Low Interest Rate Risk and Relatively Low Credit Risk)
Baroda BNP Paribas Overnight Fund
(An open-ended debt scheme investing in overnight
securities. A Relatively Low Interest Rate
Risk and Relatively Low Credit Risk)
February 2023

February 2023


Investment Objective

The primary objective of the Scheme is to generate returns, commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of one business day. However, there can be no assurance that the investment objectives of the Scheme will be realized.

NAV Details ( As On February 28, 2023 )

Regular Plan - Growth Option : ₹ 1,168.2801
Regular Plan - Daily IDCW Option : ₹ 1,000.0018
Regular Plan - Weekly IDCW Option : ₹ 1,000.0905
Direct Plan - Growth Option : ₹ 1,170.8342
Direct Plan - Daily IDCW Option : ₹ 1,000.0028
Direct Plan - Weekly IDCW Option : ₹ 1,000.1079
Unclaimed Redemption - Up to 3 Yrs : ₹ 1,050.4795
Unclaimed Redemption - Greater than 3 years : ₹ 1,000.0000
Unclaimed IDCW - Up to 3 Yrs : ₹ 1,050.4796
Unclaimed IDCW - Greater than 3 years : ₹ 1,000.0000

Benchmark Index (Tier 1)

CRISIL Overnight Fund AI Index

Date of Allotment

April 25, 2019

Fund Manager
Fund Manager Managing fund since Experience
Vikram Pamnani 14-Mar-22 12 years
Load Structure

Entry Load Not Applicable
Exit Load: Nil.


Lumpsum details

Minimum Application Amount:
₹ 5,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount:
₹ 1,000 and in multiples of ₹ 1 thereafter.

SIP details

Minimum Application Amount:
(i) Daily, Weekly, Monthly SIP: ₹ 500/- and in multiples of ₹ 1/- thereafter;
(ii) Quarterly SIP: ₹ 1500/- and in multiples of ₹ 1/- thereafter. There is no upper limit

Frequency Available:Daily, Weekly, Monthly and Quarterly

Monthly AAUM## As On February 28, 2023 : ₹ 561.74 Crores
AUM## As On February 28, 2023: ₹ 423.92 Crores

## excluding inter-scheme Investments, if any, by other schemes of BNP Paribas Mutual Fund, as may be applicable

FIXED INCOME HOLDINGS Rating % of Net Assets
Money Market Instruments 99.62%
TREPS/Reverse Repo 97.27%
✔ 182 DAY T-BILL 09.03.23 SOVEREIGN 2.36%
Total Fixed Income Holdings 99.62%
Net Receivables / (Payables) 0.38%
GRAND TOTAL 100.00%

Investment in Top 10 scrips constitutes 2.36% of the portfolio




For Scheme Performance please click here

The scheme currently does not have Distribution History.

TER - Regular Plan (%) 0.14
TER - Direct Plan (%) 0.08
Average Maturity (days) 1
Modified Duration (days) 0
YTM (%) 6.64
Macaulay Duration† (days) 0

*The information contained in this report has been obtained from sources considered to be authentic and reliable. The quantitative data does not purport to be an offer for purchase and sale of mutual fund units.
†Concept of Macaulay duration: The Macaulay Duration is a measure of a bond’s sensitivity to interest rate changes. It is expressed in annual terms. It is the weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Factors like a bond’s price, maturity, coupon, yield to maturity among others impact the calculation of Macaulay duration.


** Care Mutual Fund ratings are not recommended for the purpose of buying, selling or holding a fund or scheme. These ratings do not comment on the volatility of the Net Asset Value (NAV) of the scheme or the level of NAV compared to the face value during the tenure of the scheme any time before maturity.

†† The rating, as aforesaid, however, should not be treated as a recommendation to buy, sell or hold the units issued by you. The rating is restricted to your debt fund only. ICRA does not assume any responsibility on its part, for any liability, that may arise consequent to your not complying with any guidelines or directives issued by SEBI or any other mutual fund regulatory body.

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Click here For Scheme wise Potential Risk Class (PRC) matrix.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.