NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹36.96
0.01%
NAV as on 01 May 24, 12:00 AM
moderate risk
low duration
debt
NAV as on 01 May 24, 12:00 AM
moderate risk
low duration
debt
6.81%p.a.
Last 1Y
5.18%p.a.
Last 3Y
6.00%p.a.
Last 5Y
7.32%p.a.
Since Inception
About Baroda BNP Paribas Low Duration Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas Low Duration Fund Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd.. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Oct 2005, Baroda BNP Paribas Low Duration Fund Growth is Low Duration fund of its category with 219.96 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
- Baroda BNP Paribas Low Duration Fund Growth delivered 6.8% annual returns during the last year. It has delivered 7.3% average annual returns since the fund was launched.
- Baroda BNP Paribas Low Duration Fund 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 provide income consistent with the prudent risk from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months. However, there can be no assurance that the investment objective of the Scheme will be realized. The Scheme does not guarantee / indicate any returns.
Top 10 Holdings
7.38% Govt Stock 2027
7.78%
Punjab National Bank
5.15%
Bharti Telecom Limited
4.56%
Shriram Transport Finance Company Limited
4.55%
Reliance Industries Limited
4.54%
Power Finance Corporation Ltd.
4.52%
Small Industries Development Bank Of India
4.51%
Embassy Office Parks Reit
4.51%
360 One Prime Ltd. 9.22%
3.63%
Mindspace Business Parks Reit
3.19%
Fund Managers
- Mayank Prakash (Oct 2022 - Present)
- Vikram Pamnani (Dec 2017 - Present)
- Jay Sheth (Sep 2023 - Present)
Key Information
View Scheme Document
Baroda BNP Paribas Low Duration Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Baroda BNP Paribas Low Duration Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Baroda BNP Paribas Low Duration Fund 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 Low Duration Fund 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
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Frequently Asked Questions
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