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

INVEST VIA NRE/NRO

Baroda BNP Paribas Money Market Fund - Growth for NRI [1436.06]

Min Investment

₹5,000

Fund Size

₹4,964.82 Cr

Expense Ratio

0.4%

Exit Load

0%

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

₹1436.06

0.02%

NAV as on 06 Mar 26, 12:00 AM

low to moderate risk

money market

debt

NAV as on 06 Mar 26, 12:00 AM

low to moderate risk

money market

debt

6.98%p.a.

Last 1Y

7.13%p.a.

Last 3Y

5.80%p.a.

Last 5Y

5.54%p.a.

Since Inception

About Baroda BNP Paribas Money Market Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas Money Market Fund - Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Jun 2019, Baroda BNP Paribas Money Market Fund - Growth is Money Market fund of its category with 4,964.82 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Money Market funds.

  • Baroda BNP Paribas Money Market Fund - Growth delivered 7.0% annual returns during the last year. It has delivered 5.5% average annual returns since the fund was launched.
  • Baroda BNP Paribas Money Market 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 reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.

Top 10 Holdings

Net Payables

-1.94%

Gujarat State SDL 8.23 09/09/2025

1.22%

Others CBLO

13.57%

STATE DEVELOPMENT LOAN 22310 TN 16OT25 6.9 FV RS 100

0.98%

STATE DEVELOPMENT LOAN 32257 GUJ 27OT25 7.47 FV RS 100

0.49%

Others Class A2 AIF

0.26%

AXIS BANK LIMITED CD 13NOV25

2.40%

ICICI BANK LIMITED CD 14NOV25

1.07%

EXPORT IMPORT BANK OF INDIA 364D CP 10NOV25

3.60%

AXIS BANK LIMITED CD 12NOV25

1.44%

Fund Managers

  1. Gurvinder Singh Wasan (Oct 2024 - Present)
  2. Vikram Pamnani (Mar 2022 - Present)

Key Information

View Scheme Document

Baroda BNP Paribas Money Market Fund - 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 Money Market Fund - 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 Money Market 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 Money Market 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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