BNP Paribas Corporate Bond Regular Growth - Latest NAV ₹24.7726, Returns, Performance & Portfolio

BNP Paribas Corporate Bond Regular Growth

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    6.41%
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    (+0.02)24.7726

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Fund Summarystar

PeriodReturns(per year)
10 Years7.48%
5 Years6.41%
3 Years5.02%
1 Year9.94%
6 Months6%
Fund Details
ISININF251K01EI4
RiskModerate Risk
Fund TypeCorporate Bond
NAV24.7726
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
National Bank For Agriculture and Rural Development11%
Housing and Urban Development Corporation Limited (Hudco)10.96%
Grasim Industries Limited8.91%
Larsen and Toubro Limited8.76%
Reliance Industries Limited8.75%
National Highways Authority of India8.64%
LIC Housing Finance Limited8.64%
Rural Electrification Corporation Limited6.3%
Reliance Utilities and Power Private Limited4.68%
Power Grid Corporation of India Limited4.41%

About BNP Paribas Corporate Bond Fund

The BNP Paribas Corporate Bond Fund is an open-ended Corporate Bond (Debt) scheme. It seeks to provide regular income and capital appreciation over the long-term by investing primarily in AA+ and above rated corporate bonds and the rest in debt securities and money market instruments.

Pros & Cons of BNP Paribas Corporate Bond Fund

  • The scheme is suitable for investors seeking to take advantage of the volatile debt markets and having an investment horizon of 12-18 months.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Corporate Bond Fund category.
  • Further, it has generated returns of 7.51% per year over the last 10 years (as on January 04, 2019).

Fund Information and Statistics of BNP Paribas Corporate Bond Fund

i) Inception / Launch Date

The scheme was launched on 08 November 2008 by BNP Paribas Mutual Fund.

i) Risk Level

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

iii) Redemption

The minimum redemption amount is Rs. 1,000 and in multiples of Re. 1 thereafter. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Mayank Prakash (since August 23, 2017), and Mr. Vikram Pamnani (since December 27, 2017) are the Fund Managers of the BNP Paribas Corporate Bond Fund.

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 36 months from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed after the completion of 24 months but within 36 months from the date of allotment of the said units, then the exit load = 0.25% of the applicable NAV
  • If the units are redeemed after the completion of 12 months but within 24 months from the date of allotment of the said units, then the exit load = 0.50% of the applicable NAV
  • If the units are redeemed within 12 months from the date of allotment of the said units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in BNP Paribas Corporate Bond Fund

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

  • STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% after indexation

About BNP Paribas Mutual Fund

BNP Paribas has been operational since the nineteenth century. BNP Paribas Mutual Fund is a part of a global network which seeks to use the knowledge of the local markets and merge it with their expertise from managing investments through different conditions and market cycles around the offer to offer great investment products to people.

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Frequently Asked Questions

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Start your investment

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns