Latest news with #BarodaBNPParibasMutualFund
Time of India
2 days ago
- Business
- Time of India
Baroda BNP Paribas Liquid Fund turns Rs 1 lakh investment to nearly Rs 3 lakh in 23 years, AUM crossing Rs 10,000 crore
Live Events Baroda BNP Paribas Mutual Fund has completed 23 years of existence in the industry and has almost tripled investor wealth Rs1 lakh invested at launch to Rs 2,99,565 now and has crossed an AUM of Rs 10,000 crore. Baroda BNP Paribas Liquid Fund is a trusted solution for investors seeking capital protection, liquidity, and stable short-term returns and crossing a significant milestone of the scheme AUM at Rs 10,500 crore in Average Assets Under Management (AUM) Read | Nearly 112 lakh SIPs closed in 2025: Should you worry about the negative net SIP trend? The fund is managed by Vikram Pamnani and Gurvinder Singh Wasan. The performance of the fund is benchmarked against CRISIL Liquid Debt A-I Index. Baroda BNP Paribas Liquid Fund has delivered an annualised return of 7.09% return over the past one month, reaffirming its reputation as a reliable option for managing surplus funds, according to a press global markets experiencing volatility amid geopolitical uncertainty and policy shifts — including U.S. sentiment swings under the Trump era — many investors are adopting a "wait and watch" approach. For those looking to safely park capital while staying liquid, liquid funds present an attractive alternative to traditional savings accounts, the release BNP Paribas Liquid Fund achieves this through prudent investment in short-term debt instruments with minimal price risk and low credit risk. With a modified duration of just 55 days, the fund offers liquidity while aiming to generate returns higher than conventional savings investors seek safety, liquidity, and predictable returns, the Baroda BNP Paribas Liquid Fund continues to stand out as a safe haven for short-term money management, proving its relevance even 23 years Read | Mutual funds slashes cash allocation by Rs 13,000 crore in June; PPFAS and Quant MF join trend Baroda BNP Paribas Liquid Fund is an open-ended liquid scheme with a relatively low interest rate risk and moderate credit risk to the Sebi mandate, liquid funds make investment in debt and money market securities with maturity of up to 91 days only.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
2 days ago
- Business
- Economic Times
Baroda BNP Paribas Liquid Fund turns Rs 1 lakh investment to nearly Rs 3 lakh in 23 years, AUM crossing Rs 10,000 crore
Baroda BNP Paribas Mutual Fund has completed 23 years of existence in the industry and has almost tripled investor wealth Rs1 lakh invested at launch to Rs 2,99,565 now and has crossed an AUM of Rs 10,000 crore. Baroda BNP Paribas Liquid Fund is a trusted solution for investors seeking capital protection, liquidity, and stable short-term returns and crossing a significant milestone of the scheme AUM at Rs 10,500 crore in Average Assets Under Management (AUM) mark. Also Read | Nearly 112 lakh SIPs closed in 2025: Should you worry about the negative net SIP trend? The fund is managed by Vikram Pamnani and Gurvinder Singh Wasan. The performance of the fund is benchmarked against CRISIL Liquid Debt A-I Index. Baroda BNP Paribas Liquid Fund has delivered an annualised return of 7.09% return over the past one month, reaffirming its reputation as a reliable option for managing surplus funds, according to a press release. With global markets experiencing volatility amid geopolitical uncertainty and policy shifts — including U.S. sentiment swings under the Trump era — many investors are adopting a "wait and watch" approach. For those looking to safely park capital while staying liquid, liquid funds present an attractive alternative to traditional savings accounts, the release said. Baroda BNP Paribas Liquid Fund achieves this through prudent investment in short-term debt instruments with minimal price risk and low credit risk. With a modified duration of just 55 days, the fund offers liquidity while aiming to generate returns higher than conventional savings investors seek safety, liquidity, and predictable returns, the Baroda BNP Paribas Liquid Fund continues to stand out as a safe haven for short-term money management, proving its relevance even 23 years Read | Mutual funds slashes cash allocation by Rs 13,000 crore in June; PPFAS and Quant MF join trendBaroda BNP Paribas Liquid Fund is an open-ended liquid scheme with a relatively low interest rate risk and moderate credit risk to the Sebi mandate, liquid funds make investment in debt and money market securities with maturity of up to 91 days only. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
3 days ago
- Business
- Economic Times
Gurvinder Singh Wasan, CFA, Senior Fund Manager, Baroda BNP Paribas Mutual Fund
With over two decades in fixed income, this Mumbai-born CA and CFA charterholder now leads multiple debt and hybrid funds at Baroda BNP Paribas Mutual Fund. His strategy blends macro insights with tactical moves. The real drive? Earning investors' trust and delivering alpha while ensuring safety and liquidity. Let's start with your personal story Tired of too many ads? Remove Ads How did you land this job? Which funds are you currently managing? Tired of too many ads? Remove Ads What is your investment philosophy, and how would you describe your investment strategy? What gives you the kick while managing other people's money? I am a Mumbai boy, born and brought up in a joint family of businessmen. I have completed a Master's in Commerce and am a Chartered Accountant by qualification. In addition, I am a CFA charter holder from the CFA Institute, USA.I have been working in the fixed income industry for about 21 years now. All my previous roles have been great learning curves, where I had the opportunity to learn from experienced colleagues, talented subordinates, and enthusiastic is a small industry where most professionals in the investment segment know each other. I would say I was at the right place at the right time, and was fortunate to land my current role as Senior Fund Manager with Baroda BNP Paribas Mutual Fund Prior to this, I was associated as a Senior Fund Manager and Credit Analyst with JM Financial Mutual Fund. Before that, I was part of Principal Mutual Fund, where I had my longest stint. I have also worked as a structured finance analyst at CRISIL and ICICI Bank I have been entrusted with a diverse mix of funds that stimulate my interest and enhance my professional profile. On the duration side, we manage Gilt and Dynamic Bond Funds. On the shorter end of the curve, there are Ultra Short Term and Low Duration Funds. In the mid-tenor segment, we have Short Term and Corporate Bond Funds. We also manage a Credit Risk Fund with a credit the hybrid front, I manage Balanced Advantage, Conservative Hybrid, Aggressive Hybrid, Equity Savings, and Retirement Funds. Additionally, I handle Fund of Funds schemes such as the Multi Asset Fund of Fund, as well as passive offerings like the Nifty SDL and Gold investment philosophy combines a top-down macro approach with a core-tactical strategy. We closely track macroeconomic indicators and, based on our assessment, determine a suitable duration profile for each mutual fund this framework, we construct a core portfolio and aim to generate alpha through tactical allocations, which we actively manage to take advantage of market opportunities. Overall, our mandate is to prioritize safety and liquidity while consistently seeking alpha real kick lies in being entrusted with the responsibility of managing someone's hard-earned savings. That trust itself is a powerful driving force.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
3 days ago
- Business
- Time of India
Gurvinder Singh Wasan, CFA, Senior Fund Manager, Baroda BNP Paribas Mutual Fund
Let's start with your personal story I am a Mumbai boy, born and brought up in a joint family of businessmen. I have completed a Master's in Commerce and am a Chartered Accountant by qualification. In addition, I am a CFA charter holder from the CFA Institute, USA. How did you land this job? I have been working in the fixed income industry for about 21 years now. All my previous roles have been great learning curves, where I had the opportunity to learn from experienced colleagues, talented subordinates, and enthusiastic peers. This is a small industry where most professionals in the investment segment know each other. I would say I was at the right place at the right time, and was fortunate to land my current role as Senior Fund Manager with Baroda BNP Paribas Mutual Fund . Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Prior to this, I was associated as a Senior Fund Manager and Credit Analyst with JM Financial Mutual Fund. Before that, I was part of Principal Mutual Fund, where I had my longest stint. I have also worked as a structured finance analyst at CRISIL and ICICI Bank . Which funds are you currently managing? I have been entrusted with a diverse mix of funds that stimulate my interest and enhance my professional profile. On the duration side, we manage Gilt and Dynamic Bond Funds. On the shorter end of the curve, there are Ultra Short Term and Low Duration Funds. In the mid-tenor segment, we have Short Term and Corporate Bond Funds. We also manage a Credit Risk Fund with a credit play. Live Events On the hybrid front, I manage Balanced Advantage, Conservative Hybrid, Aggressive Hybrid, Equity Savings, and Retirement Funds. Additionally, I handle Fund of Funds schemes such as the Multi Asset Fund of Fund, as well as passive offerings like the Nifty SDL and Gold ETFs. What is your investment philosophy, and how would you describe your investment strategy? My investment philosophy combines a top-down macro approach with a core-tactical strategy. We closely track macroeconomic indicators and, based on our assessment, determine a suitable duration profile for each mutual fund scheme. Within this framework, we construct a core portfolio and aim to generate alpha through tactical allocations, which we actively manage to take advantage of market opportunities. Overall, our mandate is to prioritize safety and liquidity while consistently seeking alpha generation. What gives you the kick while managing other people's money? The real kick lies in being entrusted with the responsibility of managing someone's hard-earned savings. That trust itself is a powerful driving force.
Time of India
25-06-2025
- Business
- Time of India
Indian market not sneezing at every global event any more; 5 sectors to bet on now: Shiv Chanani
Shiv Chanani , Senior Fund Manager, Baroda BNP Paribas Mutual Fund , says aggregate valuations have decreased since peaking in September, with domestic plays favoured over global ones due to higher global uncertainty. Consumption is expected to benefit from lower taxation and positive monsoon forecasts. Pharma and healthcare sectors are showing strength, while capital goods and power utilities require a bottom-up investment approach. It feels as if the Indian market has made peace with the global uncertainties and one thing is for sure that the Indian market has its own style of trading and investing and showing levels no matter what the global setup is like. It seems that the Indian market has decided not to cough every time the US sneezes and not bend at every stick of the crude. What is your take on the texture of the domestic markets at present? Shiv Chanani: You summarised pretty well the way the Indian market has been behaving and it is a great sign of how the market is behaving in a far more mature manner as compared to what we have seen earlier. It is a combination of a few things. If you think about the texture of the market now compared to 5 or 10 years ago, clearly there is a far higher salience of the domestic players. I am not just talking about the institutional players here, I am talking more about a set of other domestic players as well and to that extent, we have seen far lower volatility compared to what we have seen 5 to 10 years ago. That is certainly a very good sign from a market point of view and market participants as well like you said we are not coughing and sneezing at every event that takes place globally. So, clearly, it is a very good sign for the Indian market and certainly for Indian investors. Indeed, it is a good time for the investors, but where should they look at because the valuations have been a bit of a concern given the up move from the March and April lows. Where are you finding value at this point in time? Is there any pocket which seems to be fairly valued at this moment? Shiv Chanani: When you think about it from an aggregate valuation perspective, we have pretty much been flat for the last nine months. We peaked out somewhere in September last year and since then we have been sort of moving in a fairly range bound kind of a market and, of course, there have been accretion to earnings in the same period of time. So, clearly the aggregate valuations have come off compared to what they were nine months ago. And when we talk about the pockets that we like, clearly at this point of time, we like more domestic plays compared to the global plays. Certainly given the fact that there is a far higher uncertainty from a global perspective and on a relative basis, the domestic plays look a little better placed, particularly if you think about consumption as a basket. There is an expectation that the impact of lower taxation should start to flow into discretionary consumption as well as when you look at the monsoons, we will know the final picture maybe two months later, but at least at this point of time, it looks to be positive from a monsoon point of view as well and which should bode well again for the rural consumption part of it. Live Events You Might Also Like: $40 billion consumption boom coming soon! Is your stock portfolio ready to ride it? The other theme that we continue to like is pharma and healthcare where we believe both the international as well as the domestic part on the formulation side as well as healthcare as an industry, seems to be going from strength to strength. Clearly those are the pockets we are positive on. Other than that, in capital goods, power utilities, we have a little more bottom-up approach at this point of time because we believe these are nuanced sectors. So. one needs to pick and choose there. The short-term volatility ought to persist. But India's medium-term growth remains intact and while the market participants also understand this, they are trying to create and draw a portfolio. What is the equity investment philosophy of your fund house and how should one consider drawing their portfolio? Shiv Chanani : When an investor is looking to create their own portfolio, the most important thing that they should take into account is what is their investment objective and what is their investment horizon and the third part which is what is their risk appetite. So, the portfolio has to be constructed in accordance with these two or three variables. If there is a young person less than 30-years-old, they should have a longer time horizon which means they should have a higher component of small and midcaps given that the risk appetite is likely to be higher, whereas if somebody has got certain objectives in terms of the milestones coming from two- to three-year perspective, the portfolio has to be constructed accordingly. So, what is most important is the time horizon and the risk appetite of the investor. You Might Also Like: Where to invest among crude sensitives in volatile market? Deven Choksey answers
