Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1617.0397+0.06% 1 day change	6.45% p.a.	App exclusive #NA View Ranked Funds	₹765 Cr

Historical NAV & returns

NAV: ₹1617.0397 as on Feb 02, 2026

This fund Category average

Baroda BNP Paribas Ultra Short Duration Fund overview

Expense ratio	0.3% as on Feb 02, 2026
Exit load	0%
AUM (Fund size)	₹765 Cr
Lock-in Period	Nil
Age	7 yrs 8 m since May 24, 2018
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Baroda BNP Paribas Ultra Short Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	0.27%	0.31%
3 Months	1.26%	1.18%
6 Months	2.75%	2.68%
1 Year	6.85%	6.78%
2 Years	7.22%	7.23%
3 Years	7.32%	7.3%
4 Years	6.81%	6.76%
5 Years	6.26%	6.17%
7 Years	6.27%	6.34%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 71.61%

AAA 17.39%

AA+ 5.26%

Cash & Call Money 2.04%

Top Debt Holdings

Indian Bank 8.95%

Canara Bank 7.48%

Export-Import Bank Of India 6.45%

Kotak Mahindra Bank Ltd. 6.38%

Allocation by Instruments

Certificate of Deposit 55.77%

Commercial Paper 15.84%

Debenture 10.11%

Non Convertible Debenture 5.25%

Other Holdings

Others 0.43%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Baroda BNP Paribas Ultra Short Duration Fund	0.27%	2.75%	6.85%	7.32%	6.26%	N.A.
ICICI Prudential Ultra Short Term Fund	0.31%	2.94%	7.22%	7.51%	6.5%	7.52%
Mirae Asset Ultra Short Duration Fund	0.27%	2.86%	7.06%	7.47%	6.26%	3.2%
Sundaram Ultra Short Duration Fund	0.3%	2.8%	6.96%	7.37%	6.22%	6.07%
WhiteOak Capital Ultra Short Duration Fund	0.24%	2.61%	6.58%	7.04%	6.11%	3.83%
Mahindra Manulife Ultra Short Duration Fund	0.28%	2.78%	6.9%	7.35%	6.19%	3.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Baroda BNP Paribas Ultra Short Duration Fund	0.33	0.49	2.89	3.54
ICICI Prudential Ultra Short Term Fund	0.31	0.45	3.55	4.97
Mirae Asset Ultra Short Duration Fund	0.32	0.49	3.4	4.09
Sundaram Ultra Short Duration Fund	0.32	0.46	3.11	4.13
WhiteOak Capital Ultra Short Duration Fund	0.31	0.49	2.15	2.5
Mahindra Manulife Ultra Short Duration Fund	0.31	0.48	3.11	3.67

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Baroda BNP Paribas Ultra Short Duration Fund	N.A.	765 Cr	7 yrs 8 m	0.3%
ICICI Prudential Ultra Short Term Fund	N.A.	16,907 Cr	13 yrs 1 m	0.39%
Mirae Asset Ultra Short Duration Fund	N.A.	2,067 Cr	5 yrs 4 m	0.16%
Sundaram Ultra Short Duration Fund	N.A.	1,996 Cr	13 yrs 1 m	0.24%
WhiteOak Capital Ultra Short Duration Fund	N.A.	574 Cr	6 yrs 8 m	0.51%
Mahindra Manulife Ultra Short Duration Fund	N.A.	219 Cr	6 yrs 3 m	0.28%

View all Ultra Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.86 vs. 3.25 Underperformed at beating benchmark
Sharpe	2.89 vs. 2.83 Better risk-adjusted return
Beta	0.49 vs. 1.84 Less sensitive to market ups & downs
Standard deviation	0.33 vs. 0.24 More volatile performance

About this fund

About Baroda BNP Paribas Ultra Short Duration Fund

Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth is a Ultra Short Duration mutual fund scheme from Baroda Bnp Paribas Mutual Fund. This fund has been in existence for 7 yrs 8 m, having been launched on 24/05/2018. Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth has ₹765 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth as of 02/02/2026 is ₹1617.04. The fund has an expense ratio of 0.3%, which is close to what most other Ultra Short Duration funds charge.

Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth returns of last 1-year are 6.87%. Since launch, it has delivered 6.46% average annual returns.
Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Indian Bank, Canara Bank, Export-Import Bank Of India, Kotak Mahindra Bank Ltd., HDFC Bank Ltd..

...

Fund AUM	765 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Vikram Pamnani

Mr. Pamnani holds PGDM in Finance. Prior to joining Baroda BNP Paribas Mutual Fund, he worked with Essel Finance AMC Ltd. as Fund Manager, Canara Robeco AMC Ltd. as Fixed Income Dealer & Deutsche Bank as Process Executive.

Gurvinder Singh Wasan

Mr. Wasan is a Chartered Accountant, CFA and Master of Commerce from Mumbai University. Prior to joining Baroda BNP Paribas Mutual Fund, he has worked with JM Mutual, Principal Mutual Fund, Crisil Ltd. and ICICI Bank Ltd.

Investment objective

The scheme seeks 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. A Relatively Low Interest Rate Risk and Moderate Credit Risk

Baroda BNP Paribas Mutual Fund details

No. of schemes	41 view all schemes
Total AUM	53,480 Cr as on Dec 31, 2025
Address	BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai, 400051
Phone	022-33704000

More funds from Baroda BNP Paribas Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Baroda BNP Paribas Credit Risk Fund	N.A.	185 Cr	8.19%	8.58%
Baroda BNP Paribas Corporate Bond Fund	N.A.	482 Cr	7.36%	7.93%
Baroda BNP Paribas Short Duration Fund	N.A.	284 Cr	7.29%	7.88%
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund	N.A.	29 Cr	7.5%	N.A.
Baroda BNP Paribas Nifty SDL December 2026 Index Fund	N.A.	133 Cr	7.37%	7.58%
Baroda BNP Paribas Low Duration Fund	N.A.	312 Cr	7.29%	7.56%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth?

The current Net Asset Value (NAV) of the Baroda BNP Paribas Ultra Short Duration Fund - Direct Growth plan is approximately ₹1617.0397 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth is a 7 yrs 8 m old fund and has delivered average annual returns of 6.45% since inception.

Baroda BNP Paribas Ultra Short Duration Fund Direct - Growth Returns

1-Year	3-Year	5-Year	Since Inception
6.85%	7.32%	6.26%	6.45%

How much does this mutual fund charge as expense ratio?

The Baroda BNP Paribas Ultra Short Duration Fund - Direct Growth has an expense ratio of 0.3%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Baroda BNP Paribas Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 765 Cr as on Dec 31, 2025.

To whom does Baroda BNP Paribas Ultra Short Duration Fund lend to?

The top 3 debt holdings of Baroda BNP Paribas Ultra Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
Indian Bank	8.95%
Canara Bank	7.48%
Export-Import Bank Of India	6.45%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Baroda BNP Paribas Ultra Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	71.61%
AAA	17.39%
AA+	5.26%

What is risk level of Baroda BNP Paribas Ultra Short Duration Fund?

This is a Ultra Short Duration fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

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

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Baroda BNP Paribas Ultra Short Duration Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Baroda BNP Paribas Ultra Short Duration Fund is complete.

How can I redeem my investments in Baroda BNP Paribas Ultra Short Duration Fund?

Redeeming your investments in the Baroda BNP Paribas Ultra Short Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Ultra Short Duration

#NA

Return Outperformance: This fund has generated highest return amongst Ultra Short Duration funds in the last 5 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.