Rating : ★ ★ ☆ ☆ ☆
BNP Paribas CorporateBond Fund Direct Plan Monthly Dividend Payout Option
 ÂCorporate Bond Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Investment Plan
0%
Benchmark
CRISIL Corp Bond Composite Index TR INR
Asset Size
23.96 Cr.
(As of 31 Oct, 2020)
Risk
Moderate
Objective
The primary objective of the Scheme is to generate income and capital gains through investments predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
 
Fund manager
Mayank Prakash
Exit load
1 %
(If redeemed within 360 days)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
National Bank For Agriculture and Rural Development
10.97%
Housing and Urban Development Corporation Limited (Hudco)
10.95%
Grasim Industries Limited
8.97%
LIC Housing Finance Limited
8.78%
Sector Allocation
About the Scheme Type
Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.
Ratings
This fund is rated 2 stars by Morning Star Ratings.