Rating : N/A
Baroda BNP Paribas Banking and PSU Bond Fund Regular Monthly Pyt of Inc Dis cum Cap Wdrl
Banking and PSU Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
1%
Asset Size
81.03 Cr.
(As of 31 Oct, 2022)
Benchmark
CRISIL Banking and PSU Debt TR INR
Riskometer
Investors understand that their principal will be at Risk.
Objective
The scheme seeks to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions and Municipal Bonds. However, there is no assurance or guarantee that the objective of the scheme will be achieved.
Fund manager
Mayank Prakash
Exit load
N / A
Minimum sip
₹500
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Indian Railway Finance Corporation Limited
9.65%
Export Import Bank Of India
9.58%
Axis Bank Limited
9.56%
Power Grid Corporation Of India Limited
9.47%
Sector Allocation
About the Scheme Type
Banking and PSU debt funds are generally seen as an alternative for bank deposits with low risk, liquidity and the appetite to generate stable returns. As seen in the past, these funds have an average maturity of about 2 years and invest mostly in AAA rated securities – bank certificates of deposits or bonds / debentures of PSUs. The volatility in their case is relatively lower than long-duration funds and is suited for investors looking for higher returns than bank deposits but at the same time, do not want to be exposed to high risks.
Ratings
This fund is rated 0 stars by Morning Star Ratings.