Investment Objective and Approach

Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.

The fund aims to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months. This conservative approach makes the fund suitable for investors seeking short-term investment opportunities with minimal interest rate risk.

The fund follows a conservative investment strategy by maintaining high credit quality investments. A1+/AAA/Sovereign investments comprise 82.50% of the portfolio, with Cash & Cash equivalents at 14.20%, AA+ rated instruments at 2.20%, and AA rated instruments at 1.10%. This ensures capital preservation while generating steady returns.

Fund Managers

Alok Kumar Sahoo and Hetal Shah are the current Fund Managers of Baroda BNP Paribas Ultra Short Duration Fund. Their combined expertise brings extensive experience in debt fund management.

Prior to joining Baroda BNP Paribas Mutual Fund, Alok Kumar Sahoo worked with Essel Finance AMC Ltd. as Fund Manager, Canara Robeco AMC Ltd. as Fixed Income Dealer & Deutsche Bank as Process Executive.

Hetal Shah has a total experience of more than 10 years in debt fund management. She has worked with Nippon Life Asset Management Limited, Fidelity International Limited Asset Management Company, ICICI Bank Ltd., Bank of Bahrain and Kuwait, B.S.C., The Saraswat Co-operative Bank Ltd., etc. before joining Baroda BNP Paribas Mutual Fund.

About the Fund House (AMC)

Baroda BNP Paribas Mutual Fund is a joint venture between the Bank of Baroda and BNP Paribas Asset Management Asia Ltd. On October 11, 2019, these 2 companies came into a binding agreement to merge their AMC and Trustee Companies. March 14, 2022, marked the period when the entities got merged effectively. The Bank of Baroda (parent company of Baroda AMC) holds a 50.1% stake in the merged entity, while BNP Paribas AMC holds the remaining 49.9%.

Currently, the representatives of the merged AMC have a prominent presence across 90 Indian cities. The Baroda BNP Paribas Mutual Fund offers approximately 34 mutual fund schemes which cover equity schemes, hybrid schemes, debt schemes, etc. As of 31 March 2024, the company's AUM stood at Rs 35646.45 crores.

The fund house brings together the banking expertise of Bank of Baroda with the global investment management experience of BNP Paribas, creating a robust platform for investors.

Fund Performance & Key Details

Key Financial Metrics (as of August 2025):

- AUM: ₹1,396.49 Crores

- Expense Ratio: 0.45% (as of 08-08-2025)

- Inception Date: 01-06-2018

- Benchmark: CRISIL Ultra Short Duration Debt A-I Index

Performance Returns:

- 1 Year Return: 7.57%

- 3 Year Return: 22.29%

- Since Inception Return: 52.62%

- 5 Year Annualized Return: 5.81% (as of 29-Jun-2025)

Investment Minimums:

- Minimum Lumpsum Investment: ₹5,000

- Minimum SIP Amount: ₹500

Should I Invest in Baroda BNP Paribas Ultra Short Duration Fund?

This fund is particularly suitable for conservative investors looking for:

Ideal For:

- Short-term investment horizon (3-12 months)

- Parking surplus funds with better returns than savings accounts

- Emergency fund allocation with high liquidity

- Conservative debt allocation in investment portfolio

Risk Profile:

The Baroda BNP Paribas Ultra Short Duration Fund is rated Low to Moderate risk. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. They are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.

The fund's high allocation to top-rated securities and short duration approach makes it suitable for risk-averse investors seeking stable returns with minimal volatility.

FAQs

What is today's NAV of Baroda BNP Paribas Ultra Short Duration Fund?

The current NAV varies daily. You can check the latest NAV on the fund's official website or financial portals like Groww and Value Research.

What is the AUM of Baroda BNP Paribas Ultra Short Duration Fund?

The fund's AUM is ₹1,396.49 Crores as of August 2025.

What is the expense ratio of Baroda BNP Paribas Ultra Short Duration Fund?

The expense ratio is 0.45% as of 08-08-2025.

What are the returns of Baroda BNP Paribas Ultra Short Duration Fund since inception?

The fund has delivered 52.62% returns since its inception on 01-06-2018.

What is the minimum SIP amount to invest in Baroda BNP Paribas Ultra Short Duration Fund?

The minimum SIP amount is ₹500.

How do I invest in Baroda BNP Paribas Ultra Short Duration Fund?

You can invest through Allvest's platform, directly from the AMC website, or through registered mutual fund distributors and online platforms.

How to start a SIP in Baroda BNP Paribas Ultra Short Duration Fund?

Register with Allvest, complete your KYC, select the fund, choose SIP option, set amount and frequency, and set up auto-debit mandate.

How do I automate an SIP in Baroda BNP Paribas Ultra Short Duration Fund?

Use Allvest's auto-invest feature to set up automatic SIP investments at regular intervals without manual intervention.

How can I withdraw/redeem my investment in Baroda BNP Paribas Ultra Short Duration Fund?

As per SEBI regulations, redemption proceeds are dispatched within 10 Business Days of receiving valid redemption requests. You can redeem through your investment platform or the AMC's website.