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Baroda Ultra Short Duration Fund

 
 

An open ended ultra short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months)(please refer to pg 33 of SID)
Investment Objective
An open ended ultra short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months. (please refer to pg 33 of SID)

However, there can be no assurance that the investment objective of the Scheme will be realized.
 
 
Plans
The Scheme will have two plans thereunder, viz. Regular Plan and Direct Plan. The Direct Plan is meant for direct investments, i.e. for investors who purchase/subscribe to the units of the Scheme directly with the Fund and is not available for investors who route their investments through a distributor, while the Regular Plan is meant for investors who route their investments through distributors only.

Both Plans will have a common portfolio but the Direct Plan will have a lower expense on account of absence of brokerage and commission. Hence, both Plans will have distinct NAVs.



Options
Each of the Plans will have the following options:
  • Growth(default option in case no option specified by investor);
  • Dividend 
The Dividend option offers the following sub-options:
  • Daily Dividend
  • Weekly Dividend
Dividend declared by the Scheme will be compulsorily re-invested.

Benchmark Index
Benchmark : CRISIL Ultra Short Fund index
Fund Manager
Mr. Alok Sahoo & Ms. Hetal Shah
  
Load Applicability
Entry Load : Not Applicable.
Exit Load: Nil

  

Minimum Application Amount :
Purchase:Rs. 5,000/- and in multiples of Re. 1/- thereafter per application during the NFO period.
Additional Purchase:Rs. 1,000/- and in multiples of Re. 1/- thereafter
Re-purchase : No minimum amount

SIP :
Rs. 1000/- and in multiples of Re. 1/- thereafter per installment, where an investor opts for a monthly SIP
Rs. 1500/- per installment, where an investor ops for a quarterly SIP.


SWP

Rs. 1000/- and in multiples of Re. 1/- thereafter per installment, where an investor opts for a monthly SIP.
Rs. 1500/- per installment, where an investor ops for a quarterly SIP.

Asset Allocation
​Types of Instruments ​% of Total Assets
​Risk Profile
Debt instruments
0 - 80% Low to Medium
Money Market Instruments 20 - 100% Low
REITs and InvITs 0 - 10% High
*The scheme may invest upto 50% in securitized debt. No investment will be made in foreign securitized debt.
The scheme will invest in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months (Please refer pg. no. 6 of this KIM).
Exposure to fixed income derivative instruments will be restricted to 50% of the net assets of the scheme.
The scheme shall not invest in equity-linked debentures.
The scheme will invest in debt and money market instruments of investment grade and/or unrated securities. “Investment grade” means investment grade by a credit rating agency authorised to carry out such activity under the Regulations. The scheme retains the flexibility to invest across all securities in the debt and money markets as permitted by SEBI / RBI from time to time. In addition to the instruments stated in the above table, the scheme may enter into reverse repos in government securities as may be permitted by SEBI and RBI and in Tri-Party Repo in line with relevant RBI regulations.
The scheme does not intend to undertake / invest /engage in Credit Default Swaps (CDS) transactions.

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