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Baroda BNP Paribas Floater Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Floater Fund category.

The NAV for Baroda BNP Paribas Floater Fund Fund is 11.176 as of 10 Sep 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given % annualized return for the last 3 years.

At present Baroda BNP Paribas Floater Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 31 Aug 2023, fund size of Baroda BNP Paribas Floater Fund is 41.05 Cr.

  • Baroda BNP Paribas Floater Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.64%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Baroda BNP Paribas Floater Fund is an Debt oriented mutual fund in the - Floater Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Baroda BNP Paribas Floater Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 12 Apr 2023 as at present it is 2 years old fund.

  • Name of the AMC is Baroda BNP Paribas Mutual Fund. Click here to know more about Baroda BNP Paribas Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Baroda BNP Paribas Floater Fund managed by following fund manager(s);

Riskometer

Investors understand that their principal
will be at Low to Moderate risk

How does the Return Comparison of the Baroda BNP Paribas Floater Fund fare against peer funds in the Floater fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Baroda BNP Paribas Floater Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Floater fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.64% 2.39% 2.92% 4.94% 9.72% 8.85% 7.60% 6.82% 7.38%
Category Average 0.37% 1.07% 2.21% 3.93% 8.31% 7.96% 6.96% 6.46% 7.05%
Baroda BNP Paribas Floater Fund 0.08% 0.62% 2.58% 4.94% - - - - - -
Axis Floater Fund 0.64% 2.39% 2.92% 3.77% 9.72% 8.85% 7.60% - -
DSP Floater Fund 0.43% 1.19% 2.30% 3.86% 8.94% - - - -
HDFC Floating Rate Debt Fund 0.31% 0.87% 2.09% 3.92% 8.32% 8.14% 7.23% 6.82% 7.38%
ICICI Prudential Floating Interest Fund 0.30% 0.79% 1.92% 3.70% 7.94% - - - -
SBI Floating Rate Debt Fund 0.22% 0.80% 2.07% 3.64% 8.04% - - - -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Baroda BNP Paribas Floater Fund are shown below;

Equity -

Debt 92.72%

Others 7.28%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 18882 GOI 07NV24 FLT FV RS 100 37.48%
GOVERNMENT OF INDIA 30814 GOI FRB 04OT28 FV RS 100 37.37%
TATA CAPITAL FINANCIAL SERVICES LIMITED SR P STRPP I 8.30 NCD 13MR26 FVRS1LAC 7.55%
HDFC BANK LIMITED SR US001 7.79 NCD 04MR25 FVRS1LAC 7.50%
GOVERNMENT OF INDIA 23277 GOI 22SP33 FLT FV RS 100 2.82%
Others 7.28%
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Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 77.67%
DEBENTURE 15.05%

Portfolio Holdings shown is as of 31 Aug 2023