(An open ended ultra short term debt scheme
investing in instruments such that the Macaulay duration
of the portfolio is between 3 months and 6 months.
A Relatively Low Interest Rate Risk and Moderate Credit Risk)
(An open ended ultra short term debt scheme
investing in instruments such that the Macaulay duration
of the portfolio is between 3 months and 6 months.
A Relatively Low Interest Rate Risk and Moderate Credit Risk)
The primary objective of the Scheme is to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months 6 months. However there can be no assurance that the investment objective os the scheme will be realized. The scheme does not gurantee/indicate any returns.
NAV Details ( As On February 28, 2023 )| Regular Plan - Growth Option | : ₹ 1,302.60 |
| Regular Plan - Daily IDCW Option | : ₹ 1,006.26 |
| Regular Plan - Weekly IDCW Option | : ₹ 1,000.00 |
| Direct Plan - Growth Option | : ₹ 1,313.82 |
| Direct Plan - Daily IDCW Option | : ₹ 1,007.08 |
| Direct Plan - Weekly IDCW Option | : ₹ 1,000.00 |
Benchmark Index (Tier 1)CRISIL Ultra Short Duration Fund BI Index
Date of AllotmentJune 01, 2018
Fund Manager| Fund Manager | Managing fund since | Experience |
| Vikram Pamnani | 14-Mar-22 | 12 years |
| Mayank Prakash | 21-Oct-22 | 15 years |
Load StructureEntry Load
Exit Load: Nil
Minimum Application Amount:
₹ 5,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount:
₹ 1,000 and in multiples of ₹ 1 thereafter.
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 | : ₹ 547.56 Crores |
| AUM## As On February 28, 2023 | : ₹ 560.79 Crores |
## excluding inter-scheme Investments, if any, by other schemes of Baroda BNP Paribas Mutual Fund, as may be applicable
| FIXED INCOME HOLDINGS | Rating | % of Net Assets |
| Corporate Debt | 10.64% | |
| ✔ Indian Railway Finance Corporation Ltd. | CRISIL AAA | 4.43% |
| Shriram Finance Ltd. | CRISIL AA+ | 2.46% |
| Piramal Capital & Housing Finance Ltd. | [ICRA]AA | 2.31% |
| National Housing Bank | CRISIL AAA | 1.42% |
| Government Securities | 4.57% | |
| GOI FRB 7.69% 30.10.2034 GOV | SOVEREIGN | 2.61% |
| GOI FRB 7.42 22.09.2033 GOV | SOVEREIGN | 1.78% |
| Gujarat 9.37% 04.12.2023 SDL | SOVEREIGN | 0.18% |
| Money Market Instruments | 83.03% | |
| ✔ Export-Import Bank of India | CRISIL A1+ | 8.66% |
| ✔ ICICI Bank Ltd. | [ICRA]A1+ | 7.82% |
| ✔ State Bank of India | IND A1+ | 7.37% |
| ✔ HDFC Bank Ltd. | IND A1+ | 6.41% |
| ✔ Kotak Mahindra Bank Ltd. | CRISIL A1+ | 5.69% |
| ✔ Bajaj Finance Ltd. | CRISIL A1+ | 4.38% |
| ✔ Small Industries Development Bank of India | CRISIL A1+ | 4.37% |
| ✔ National Bank for Agriculture and Rural Development | CRISIL A1+ | 4.37% |
| ✔ Aditya Birla Finance Ltd. | [ICRA]A1+ | 4.37% |
| Axis Bank Ltd. | CRISIL A1+ | 4.36% |
| Canara Bank | CRISIL A1+ | 4.30% |
| LIC Housing Finance Ltd. | CRISIL A1+ | 2.85% |
| Housing Development Finance Corporation Ltd. | CRISIL A1+ | 2.59% |
| Tata Capital Financial Services Ltd. | CRISIL A1+ | 2.48% |
| National Bank for Agriculture and Rural Development | CRISIL A1+ | 1.67% |
| Kotak Mahindra Investments Ltd. | CRISIL A1+ | 0.86% |
| IndusInd Bank Ltd. | CRISIL A1+ | 0.85% |
| 364 DAY T-BILL 16.11.23 | SOVEREIGN | 0.85% |
| TREPS/Reverse Repo | 8.78% | |
| Total Fixed Income Holdings | 98.23% | |
| Net Receivables / (Payables) | 1.77% | |
| GRAND TOTAL | 100.00% |
Investment in Top 10 scrips constitutes 57.86% of the portfolio
The scheme currently does not have Distribution History.
| TER - Regular Plan (%) | 0.34 |
| TER - Direct Plan (%) | 0.22 |
| Average Maturity (years) | 0.88 |
| Modified Duration (years) | 0.36 |
| YTM (%) | 7.63 |
| Macaulay Duration† (years) | 0.39 |
* 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.
** 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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