Baroda BNP Paribas Floater Fund Direct Growth

Moderate Risk
Fixed Income
Floating Rate

NAV as on Sep 10, 2024

Price per unit of the scheme.

₹ 11.23810.02%1 Day Change

0.66%

Minimum Investment₹5000

Expense Ratio0.24%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Baroda BNP Paribas Floater Fund Direct Growth

Fixed Income: Floating Rate Average NAV

Topper in Fixed Income: Floating Rate

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Baroda BNP Paribas Floater Fund Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

Crisil Low Duration Debt TR INR

Expense Ratio

0.24%

Category Avg Expense Ratio

0.31%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1500

Lock In (Years)

No Lock-in

Fund Size

₹ 17.70 Cr(As on Jul, 2024)

Inception Date

Apr 27, 2023

Turnover

- %

Exit Load

Nil

Objective: The primary objective of the scheme is to generate regular income through investment in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Baroda BNP Paribas Floater Fund Direct Growth is an Fixed Income - Floating Rate fund. The fund was launched inApr 27, 2023. Its risk level is . The NAV of the fund as onSep 10, 2024 is ₹11.24. Its expense ratio is 0.24 %. The fund has an AUM of ₹17.70 Cr.The fund is managed byPrashant Pimple,Mayank Prakash,Vikram Pamnani.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Mayank Prakash

Lead Fund Manager.

Apr 27, 2023 - Present

Fund Manager Rank--Out of 12
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed18
Total AUM₹ 20,017.27 Cr
Highest Return In 1 Yr8.85 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Baroda BNP Paribas Equity Savings Fund Direct Growth

₹ 18.30

-0.08%

-0.17%

Moderately High risk

₹270.00Cr

Baroda BNP Paribas Aggressive Equity Hybrid Direct Growth

₹ 32.61

-0.31%

-0.61%

Very High Risk

₹1,256.37Cr

Baroda BNP Paribas Gilt Fund Direct Growth Option

₹ 47.13

0.00%

0.10%

Moderate Risk

₹1,313.13Cr

Baroda BNP Paribas Equity Savings Fund Direct Growth

Moderately High risk

NAV₹ 18.30
Fund Size₹270.00Cr

Fund Return-0.08%

Category Return-0.17%

Baroda BNP Paribas Aggressive Equity Hybrid Direct Growth

Very High Risk

NAV₹ 32.61
Fund Size₹1,256.37Cr

Fund Return-0.31%

Category Return-0.61%

Baroda BNP Paribas Gilt Fund Direct Growth Option

Moderate Risk

NAV₹ 47.13
Fund Size₹1,313.13Cr

Fund Return0.00%

Category Return0.10%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Prashant Pimple

Lead Fund Manager.

Apr 27, 2023 - Present

Schemes managed20
Total AUM₹ 25,385.60 Cr
Highest Return In 1 Yr8.85 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Baroda BNP Paribas Credit Risk Fund Direct Growth

₹ 25.29

0.33%

0.14%

Moderately High risk

₹199.42Cr

Baroda BNP Paribas Credit Risk Fund Segregated Portfolio 1 Direct Bonus

Moderately High risk

₹0.00Cr

Baroda BNP Paribas Floater Fund Direct Growth

₹ 11.24

0.66%

0.56%

Moderate Risk

₹17.70Cr

Baroda BNP Paribas Credit Risk Fund Direct Growth

Moderately High risk

NAV₹ 25.29
Fund Size₹199.42Cr

Fund Return0.33%

Category Return0.14%

Baroda BNP Paribas Credit Risk Fund Segregated Portfolio 1 Direct Bonus

Moderately High risk--

NAV--
Fund Size₹0.00Cr

Fund Return--

Category Return--

Baroda BNP Paribas Floater Fund Direct Growth

Moderate Risk--

NAV₹ 11.24
Fund Size₹17.70Cr

Fund Return0.66%

Category Return0.56%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Vikram Pamnani

Lead Fund Manager.

Jul 10, 2024 - Present

Schemes managed21
Total AUM₹ 23,388.19 Cr
Highest Return In 1 Yr13.40 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Baroda BNP Paribas Multi Asset Fund Direct Growth

₹ 16.54

0.81%

Very High Risk

₹1,248.19Cr

Baroda BNP Paribas Overnight Fund Direct Growth

₹ 1,394.63

0.44%

Low Risk

₹843.29Cr

Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

₹ 1,608.01

0.40%

0.33%

Moderate Risk

₹1,206.74Cr

Baroda BNP Paribas Multi Asset Fund Direct Growth

Very High Risk--

NAV₹ 16.54
Fund Size₹1,248.19Cr

Fund Return0.81%

Category Return--

Baroda BNP Paribas Overnight Fund Direct Growth

Low Risk--

NAV₹ 1,394.63
Fund Size₹843.29Cr

Fund Return0.44%

Category Return--

Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Moderate Risk

NAV₹ 1,608.01
Fund Size₹1,206.74Cr

Fund Return0.40%

Category Return0.33%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Aug, 2024

EQUITY (-%)

DEBT (86.20%)

CASH (13.42%)

Allocation by Market Cap

Other Cap(0.38%)

Industry Holdings

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
----
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
----
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
-0.81
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
21.45
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
4.29
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
--
This Fund
VS
0.01
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
--
This Fund
VS
0.24
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
--
This Fund
VS
1.15
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Baroda BNP Paribas Asset Management India Pvt. Ltd.

Baroda BNP Paribas Asset Management India Pvt. Ltd. manages assets worth ₹ 51,895.22 crores. It’s current offering of mutual fund schemes includes 22 equity, 14 debt and 8 hybrid schemes.

Phone

+91 22 69209600

AUM

₹ 51,895.22 Cr (

As on Oct 31, 2025

)

Address

201(A) 2nd Floor, A wing, Crescenzo, C-38 & 39, G Block Mumbai,400 051

FAQ's

What is the category of Baroda BNP Paribas Floater Fund Direct Growth ?

The category of Baroda BNP Paribas Floater Fund Direct Growth is Fixed Income - Floating Rate

What is the current NAV of Baroda BNP Paribas Floater Fund Direct Growth ?

The current NAV of Baroda BNP Paribas Floater Fund Direct Growth as on Sep 10, 2024 is ₹11.24

How safe is Baroda BNP Paribas Floater Fund Direct Growth ?

The risk level of Baroda BNP Paribas Floater Fund Direct Growth is Moderate.

What are short term returns given by Baroda BNP Paribas Floater Fund Direct Growth ?

The return given by Baroda BNP Paribas Floater Fund Direct Growth in 1 month is 0.66%, 3 months is 2.68%, 6 months is 5.16%, and 1 year is 8.80%

What are the long term returns given by Baroda BNP Paribas Floater Fund Direct Growth ?

The return given by Baroda BNP Paribas Floater Fund Direct Growth in 3 years is -- and 5 years is --.

What is the expense ratio of Baroda BNP Paribas Floater Fund Direct Growth ?

The expense ratio of Baroda BNP Paribas Floater Fund Direct Growth is 0.24%

What is the AUM of Baroda BNP Paribas Floater Fund Direct Growth ?

The assets under Management (AUM) of Baroda BNP Paribas Floater Fund Direct Growth is Rs 17.70 crores.

What is the minimum investment in Baroda BNP Paribas Floater Fund Direct Growth ?

The minimum Lumpsum investment in Baroda BNP Paribas Floater Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Baroda BNP Paribas Floater Fund Direct Growth is ₹1,500.00

What is the asset allocation of Baroda BNP Paribas Floater Fund Direct Growth?

Baroda BNP Paribas Floater Fund Direct Growth has an exposure of 86.20% in Debt and 13.42% in Cash & Money Market Securities