About Baroda Ultra Short Duration Fund Direct - Growth
Baroda Ultra Short Duration Fund Direct - Growth is a Debt
mutual fund scheme from Baroda Mutual Fund
. This scheme was launched on 01 Jun 2018 and is currently managed by its fund managers Hetal P Shah
and Alok Sahoo
. It has an AUM of ₹255.63 Crores and the latest NAV decalared is ₹1135.801 as on 24 Jan 2020 at 12:00 am.
Baroda Ultra Short Duration Fund Direct - Growth scheme return performance in last 1 year is 7.73%, is 13.48% since scheme launch. The min. SIP amount to invest in this scheme is ₹5000.
About Fund Category
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.