About BNP Paribas Low Duration Fund Direct-Dividend Daily
BNP Paribas Low Duration Fund Direct-Dividend Daily is a Debt
mutual fund scheme from BNP Paribas Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Vikram Pamnani
and Mayank Prakash
. It has an AUM of ₹319.94 Crores and the latest NAV decalared is ₹10.080 as on 13 Dec 2019 at 10:45 pm.
BNP Paribas Low Duration Fund Direct-Dividend Daily scheme return performance in last 1 year is 8.14%, in last 3 years is 24.42% and 75.00% since scheme launch. The min. SIP amount to invest in this scheme is ₹5000.
About Fund Category
Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.