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Baroda BNP Paribas Money Market Fund - NAV, Returns, Investment Objective & Portfolio | Allvest

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Discover Baroda BNP Paribas Money Market Fund with latest NAV, performance, investment objective, fund manager details. Low risk money market fund with steady returns for short-term investment goals.

Investment Objective and Approach

The Baroda BNP Paribas Money Market Fund aims to provide reasonable returns, commensurate with low risk while providing a high degree of liquidity. This money market fund focuses on investing in high-quality, short-term money market instruments with maturity periods typically not exceeding one year.

The fund follows a conservative investment approach by primarily investing in:

- Commercial papers

- Certificates of deposit

- Treasury bills

- Bank fixed deposits

- Short-term government securities

The fund's benchmark index is CRISIL Money Market A-I Index, which helps investors evaluate the fund's performance against similar investment instruments in the money market category.

Fund Managers

The fund is managed by Vikram Pamnani, who brings extensive experience in debt fund management. He has a total experience of more than 10 years in debt fund management and has previously worked with various leading financial institutions including Nippon Life Asset Management Limited, Fidelity International Limited Asset Management Company, ICICI Bank Ltd., Bank of Bahrain before joining Baroda BNP Paribas Mutual Fund.

His expertise in managing short-term debt instruments and understanding of money market dynamics makes him well-suited to manage this low-risk fund category.

About the Fund House (AMC)

Baroda BNP Paribas Mutual Fund is a joint venture that brings together the strengths of two established financial institutions. Bank of Baroda, one of India's leading public sector banks, has partnered with BNP Paribas Asset Management, the asset management arm of BNP Paribas, a leading financial services group in Europe with global reach, to form Baroda BNP Paribas Mutual Fund.

Key highlights of the AMC:

- As of 31 March 2024, the company's AUM stood at Rs 35,646.45 crores

- A stellar team of investment experts with 300+ years of cumulative asset management experience

- 42 schemes across a wide variety of categories for varied financial needs

- Touchpoints at more than 121+ Indian cities to service investors and distributors

- Serving over a million investor folios and 25,400+ distributors

Backed by Bank of Baroda and BNP Paribas AM, institutions that have more than 100 years of expertise, the AMC combines local market knowledge with global investment management practices.

Should I Invest in Baroda BNP Paribas Money Market Fund?

The Baroda BNP Paribas Money Market Fund is suitable for investors seeking:

Ideal For:

- Conservative investors looking for stable returns with minimal risk

- Short-term parking of surplus funds (3-12 months)

- Emergency fund creation with better returns than savings accounts

- Investors wanting to diversify from equity exposure temporarily

- First-time mutual fund investors preferring low-risk options

Fund Performance:

- The fund has generated a return of 5.52% since its launch

- The fund has generated 7.09% and 5.46% CAGR in the last 3 and 5 years respectively

- The fund is rated Low to Moderate risk

Key Metrics:

- Launch Date: 13 June 2019

- AUM: ₹1,967.19 crores as of 4 August 2025

- Current NAV: ₹1,390.39 as on 4 August 2025

- Expense ratio: 0.44%

Investment Options:

- Minimum SIP amount: ₹500

- Minimum lumpsum investment: ₹5,000

- Exit load: 1% if redeemed within 3 months, Nil thereafter

This fund is particularly attractive for investors who prioritize capital preservation over high returns and need liquidity for their investments.

FAQs

What is today's NAV of Baroda BNP Paribas Money Market Fund?

The latest NAV varies daily. You can check the current NAV on Allvest platform or the fund house website for real-time updates.

What is the AUM of Baroda BNP Paribas Money Market Fund?

As of August 4, 2025, the fund has an AUM of ₹1,967.19 crores, indicating good investor confidence and fund size.

What is the expense ratio of Baroda BNP Paribas Money Market Fund?

The expense ratio for the regular plan is 0.44%, which is reasonable for a money market fund and includes management fees.

What are the returns of Baroda BNP Paribas Money Market Fund since inception?

The fund has delivered 5.52% returns since its inception in June 2019, with 3-year and 5-year CAGR of 7.09% and 5.46% respectively.

What is the minimum SIP amount to invest in Baroda BNP Paribas Money Market Fund?

You can start a SIP with a minimum amount of ₹500 per month, making it accessible for retail investors.

How do I invest in Baroda BNP Paribas Money Market Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, and choosing between SIP or lump sum investment options.

How to start a SIP in Baroda BNP Paribas Money Market Fund?

Register on Allvest, complete KYC verification, select the fund, choose SIP option, set investment amount (minimum ₹500), and select frequency for automatic investments.

How do I automate an SIP in Baroda BNP Paribas Money Market Fund?

After setting up SIP on Allvest, enable auto-debit from your bank account to ensure seamless monthly investments without manual intervention.

How can I withdraw/redeem my investment in Baroda BNP Paribas Money Market Fund?

You can redeem through Allvest platform by placing a redemption request. Funds are typically credited within 2-3 business days, subject to exit load if redeemed within 3 months.