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 ₹199.81 Crores and the latest NAV decalared is ₹1118.004 as on 18 Oct 2019 at 9:45 pm.
Baroda Ultra Short Duration Fund Direct - Growth scheme return performance in last 1 year is 8.34%, is 11.70% 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.