Formerly BNP Paribas Money Plus Mn DR
₹ 10.3564
NAV (Mar 02)
Top Ranked
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
16 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
369 Cr. Small within the category
Impact of Interest Rate Changes
Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
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Scheme Information
The primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months. However,there can be no assurance that the investment objective of the Scheme will be realized. The Scheme does not guarantee / indicate any returns.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low to Moderate Risk
1 %
Expense Ratio
Oct 21, 2005
Launched (16y ago)
₹ 369
AUM in Crores
INF251K01DV9
ISIN
No Lock-in
Lock-in
Crisil Low Duration Debt Index TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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Ultra Short
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Low Duration
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About the AMC
BNP Paribas Asset Mgmt India Pvt. Ltd
BNP Paribas Asset Mgmt India Pvt. Ltd manages assets worth 7,782 crores and was set up on 4 November 2003. It's current offering of mutual fund schemes includes 18 equity,78 debt and 22 hybrid funds.
Liquid
Top Ranked
₹ 1,243 Cr
Fund Size
5.8%
3Y returns
Liquid
Top Ranked
₹ 1,243 Cr
Fund Size
5.9%
3Y returns
Large Cap
Top Ranked
₹ 1,014 Cr
Fund Size
12.7%
3Y returns
Low Duration
Top Ranked
₹ 368 Cr
Fund Size
7.5%
3Y returns
Liquid
Top Ranked
₹ 1,243 Cr
Fund Size
6.1%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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BNP Paribas Low Duration FUND (DR-M) is a low duration debt fund and has delivered an annualised return of 5.6% over a period of 16 years .The fund was previously known as BNP Paribas Money Plus Mn DR.The fund is managed by BNP Paribas Asset Mgmt India Pvt. Ltd.The fund managers are Mayank Prakash, Vikram Pamnani
The primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months. However,there can be no assurance that the investment objective of the Scheme will be realized. The Scheme does not guarantee / indicate any returns. However, there is no assurance that the objective of the scheme will be realized.
The BNP Paribas Low Duration FUND (DR-M) fund was launched on Oct 21, 2005. The NAV (Net Asset Value) of this low duration debt as of 2021-03-02 is ₹ 10.3564. The total AUM (Asset Under Management) of the fund as of 2021-03-02 is ₹ 368.555. The category risk of the BNP Paribas Low Duration FUND (DR-M) fund is Low to Moderate Risk. The fund charges 1.0 % as expense ratio.
The fund’s highest allocation is towards others and has invested 52.6% in this asset class. The top three holdings of the fund are reliance utilities and power private limited,small industries development bank of india and rural electrification corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Crisil Low Duration Debt Index TR INR.
BNP Paribas Low Duration FUND (DR-M) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, BNP Paribas Low Duration FUND (DR-M) has a score of 2 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.