Baroda Short Term Bond - Plan A - Growth

About Baroda Short Term Bond Fund

The Baroda Short Term Bond Fund is an open-ended, short-term debt scheme. It seeks to generate regular income over the short-term by investing predominantly in money market instruments and short-term debt securities such that the Macaulay Duration of the portfolio is between 1 and 3 years.

Pros & Cons of Baroda Short Term Bond Fund

• The scheme endeavors to identify attractive opportunities based on government policies, economic development, monetary policy, research report, and overall economic conditions and development.
• As on December 31, 2018, the scheme is ranked 3 in CRISIL’s Short Duration Fund category.
• Further, it has generated returns of 8.5% per year over the last 5 years (as on February 8, 2019).

Fund Information and Statistics of Baroda Short Term Bond Fund

i) Inception / Launch Date

The scheme was launched on 30 June 2010 by Baroda Mutual Fund.

ii) Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-Low risk level associated with it.

iii) Redemption

There is no minimum amount for redemption. The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

The Fund Managers of the Baroda Short Term Bond Fund are: Ms. Hetal Shah (since inception) Mr. Alok Sahoo (since inception)

v) Entry / Exit Load

There is no entry load in this scheme. The exit load structure is as follows:

• If the units are redeemed after the completion of 15 days from the date of allotment of the said units, then the exit load = Nil
• If the units are redeemed within 15 days from the date of allotment of the said units, then the exit load = 0.25% of the applicable NAV

Tax benefits of investing in Baroda Short Term Bond Fund

The following taxes are applicable to the income arising from investing in this scheme:

• STCG is added to the investor's income and taxed as per the income-tax slab.
• LTCG component is taxed at 20% with indexation benefits.

About Baroda Mutual Fund

Baroda Mutual Fund is one of India’s leading fund houses and is managed by Baroda Asset Management India Limited (the AMC), a wholly-owned subsidiary of Bank of Baroda. In 2008, Pioneer Global Asset Management S.p.A. (PGAM) acquired a 51% stake in the AMC, which was renamed as Baroda Pioneer Asset Management Company Ltd. Subsequently, in 2018, Bank of Baroda acquired the entire shareholding held in the AMC. The fund house endeavors to serve the varied asset management needs of investors in India through a range of equity, debt and money market products.