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
₹17.76
0.03%
NAV as on 10 Sep 24, 12:00 AM
moderate risk
medium duration
debt
NAV as on 10 Sep 24, 12:00 AM
moderate risk
medium duration
debt
7.43%p.a.
Last 1Y
5.31%p.a.
Last 3Y
5.29%p.a.
Last 5Y
5.60%p.a.
Since Inception
About Baroda BNP Paribas Medium Duration Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas Medium Duration Fund Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd.. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Mar 2014, Baroda BNP Paribas Medium Duration Fund Growth is Medium Duration fund of its category with 28.33 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
- Baroda BNP Paribas Medium Duration Fund Growth delivered 7.4% annual returns during the last year. It has delivered 5.6% average annual returns since the fund was launched.
- Baroda BNP Paribas Medium 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 investment objective of the Scheme is to seek to optimize returns by from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 year and 4 years. 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
06.91 MH Sdl 2033
13.87%
Rec Limited
9.32%
Food Corporation Of India
7.45%
National Highways Authority Of India
7.31%
Muthoot Finance Limited
7.03%
JM Financial Products Limited
7.01%
Hindustan Petroleum Corporation Limited
5.36%
National Bank For Agriculture And Rural Development
5.30%
Bharat Sanchar Nigam Limited
5.11%
Power Grid Corporation Of India Limited
3.93%
Fund Managers
- Prashant Pimple (Jul 2024 - Present)
- Vikram Pamnani (Jul 2024 - Present)
- Jay Sheth (Sep 2023 - Present)
Key Information
View Scheme Document
Baroda BNP Paribas Medium Duration Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Baroda BNP Paribas Medium 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 Medium 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 Medium 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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