NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Baroda BNP Paribas Corporate Bond Fund Plan Growth for NRI [25.99]

Min Investment

5,000

Fund Size

196.22 Cr

Expense Ratio

0.6%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

25.99

0.04%

NAV as on 19 Nov 24, 12:00 AM

moderate risk

corporate bond

debt

NAV as on 19 Nov 24, 12:00 AM

moderate risk

corporate bond

debt

8.48%p.a.

Last 1Y

5.43%p.a.

Last 3Y

5.66%p.a.

Last 5Y

6.14%p.a.

Since Inception

About Baroda BNP Paribas Corporate Bond Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas Corporate Bond Fund Plan Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd.. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Nov 2008, Baroda BNP Paribas Corporate Bond Fund Plan Growth is Corporate Bond fund of its category with 196.22 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.

  • Baroda BNP Paribas Corporate Bond Fund Plan Growth delivered 8.5% annual returns during the last year. It has delivered 6.1% average annual returns since the fund was launched.
  • Baroda BNP Paribas Corporate Bond Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The primary objective of the Scheme is to generate income and capital gains through investments predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

Top 10 Holdings

7.1% Govt Stock 2034

12.97%

7.32% Govt Stock 2030

6.27%

Indian Railway Finance Corporation Limited

5.77%

Export Import Bank Of India

5.38%

Hindustan Petroleum Corporation Limited

5.25%

Power Finance Corporation Ltd.

5.23%

Sundaram Bnp Paribas Home Finance Limited

5.13%

Tata Capital Limited

5.12%

GAil (India) Limited

5.11%

Bajaj Finance Limited

5.10%

Fund Managers

  1. Gurvinder Wasan (Oct 2024 - Present)
  2. Vikram Pamnani (Jul 2024 - Present)

Key Information

View Scheme Document

Baroda BNP Paribas Corporate Bond Fund Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Baroda BNP Paribas Corporate Bond Fund Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Baroda BNP Paribas Corporate Bond Fund Plan Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Baroda BNP Paribas Corporate Bond Fund Plan Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions