About BNP Paribas Low Duration Fund Direct-Growth
BNP Paribas Low Duration Fund Direct-Growth 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 ₹251.20 Crores and the latest NAV decalared is ₹30.616 as on 15 Nov 2019 at 9:50 pm.
BNP Paribas Low Duration Fund Direct-Growth scheme return performance in last 1 year is 8.63%, in last 3 years is 24.64% and 75.39% 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.