Should I invest in Baroda BNP Paribas Money Market Fund - Monthly IDCW?

We don't give personal investment advice. Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding.

Baroda BNP Paribas

Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW

Latest NAV

₹1,029.0445

As of

3 Jun 2026

1,078 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.03%	+0.01%	+0.02	21 / 78	Q2
1W	-0.29%	+0.16%	-0.45	76 / 77	Q4
2W	-0.37%	+0.09%	-0.46	74 / 76	Q4
1M	-0.29%	+0.09%	-0.38	71 / 75	Q4
3M	-0.26%	+0.38%	-0.64	69 / 74	Q4
6M	-0.69%	+0.73%	-1.42	70 / 75	Q4
YTD	-0.57%	+0.64%	-1.21	69 / 74	Q4
1Y	-0.94%	+1.73%	-2.67	72 / 74	Q4
2Y	+0.31%	+2.20%	-1.89	30 / 72	Q2
3Y	+0.95%	+2.30%	-1.35	27 / 67	Q2
4Y	+0.71%	+2.36%	-1.65	27 / 60	Q2
5Y	—	—	—	—	—
7Y	+0.40%	+1.92%	-1.52	22 / 45	Q2
10Y	—	—	—	—	—
Inception	+0.41%	+1.84%	-1.43	39 / 78	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.57%	+0.60%	-1.17	58 / 63
2025	+0.25%	+2.54%	-2.29	36 / 62
2024	+3.16%	+2.53%	+0.63	23 / 62
2023	+0.00%	+2.35%	-2.35	45 / 61
2022	—	—	—	—
2021	—	—	—	—
2020	—	—	—	—
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+1.09%

40 windows

min -0.9% · max 3.4%

58% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.85%

21 windows

min -0.3% · max 1.4%

76% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.54%

5 windows

min 0.5% · max 0.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.80%

3-year · annualised

Sharpe ratio

-6.94

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.60%

Jul 2025 → May 2026

% positive months

47.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
HDFC Money Market Fund - Daily IDCW Option - Direct Plan	HDFC	₹1,063.6400	3 Jun 2026
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹1,006.2364	3 Jun 2026
SBI Savings Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹18.5990	3 Jun 2026
ICICI Prudential Money Market Fund Option - Direct Plan - Daily IDCW	ICICI Prudential	₹100.1435	3 Jun 2026
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,012.2021	3 Jun 2026
Bandhan Money Market Fund -Direct Plan-Daily IDCW	Bandhan	₹10.0994	3 Jun 2026
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW	Aditya Birla Sun Life	₹100.0200	3 Jun 2026
Franklin India Money Market Fund Retail Option - Direct - Daily - IDCW	Franklin India	₹10.0646	3 Jun 2026
Mirae Asset Money Market Fund Direct IDCW	Mirae Asset	₹1,346.7546	3 Jun 2026
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	Kotak	₹1,273.6788	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,029.0445
2 Jun 2026	₹1,028.8807
1 Jun 2026	₹1,028.5673
29 May 2026	₹1,027.6419
27 May 2026	₹1,032.3180
26 May 2026	₹1,031.8936
25 May 2026	₹1,032.0134
22 May 2026	₹1,031.6074
21 May 2026	₹1,031.6552
20 May 2026	₹1,032.3505

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW is ₹1,029.0445. It's a Money Market Fund from Baroda BNP Paribas, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW has NAV history starting from 20 Jun 2019, a track record of about 6 years 11 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW is managed by Baroda BNP Paribas. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW has delivered a absolute return of -0.94% — -2.67 pp behind the Money Market Fund category average of 1.73%. The fund ranks #72 of 74 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 0.95% — -1.35 pp behind the Money Market Fund category average of 2.30%. The fund ranks #27 of 67 in its category — the second (Q2) quartile.

Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW exactly 3 years ago would be worth approximately ₹102,888 today — a multiplier of 1.03×, based on the 3-year CAGR of 0.95%. The category average over the same window would have grown ₹1 lakh to ₹107,073.

A ₹10,000 monthly SIP in Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW over the last 5 years — total invested ₹500,000 — would be worth ₹506,138 today. That's an XIRR (money-weighted annualised return) of 0.57%.

Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹506,138 — XIRR 0.57%.

On a 3-year basis, Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW ranks #27 out of 67 funds in the Money Market Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.30%; this fund delivered 0.95%.

The worst peak-to-trough decline Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW has experienced over the last 3-year window is 1.60% — its NAV fell from a high on 28 Jul 2025 to a low on 29 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW averaged 0.54% (best 0.59%, worst 0.50%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -6.94 — negative risk-adjusted performance.

In calendar year 2025, Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW returned 0.25% — lagging the Money Market Fund category average of 2.54% by 2.29 pp. It ranked #36 of 62 in its category that year.

Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Baroda BNP Paribas Money Market Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.