Baroda BNP Paribas Overnight Fund Celebrates 6 Years of Delivering Reliable Short-Term Investment Returns

Mumbai, July 28th, 2025: Baroda BNP Paribas Asset Management India Pvt. Ltd., one of India’s leading mutual fund houses, is marking the 6th anniversary of its Baroda BNP Paribas Overnight Fund—a trusted short-term investment option for individuals and institutions seeking low-risk, high-liquidity returns with a dual milestone of the scheme crossing Rs 700 crore in assets under management.

Designed for investors looking to park short-term surpluses, the Overnight Fund has demonstrated consistent performance with a 1-year return of 6.33% (as of June 2025). The fund maintains a low modified duration of just 2 days, making it an ideal low-volatility, low-credit-risk investment in today’s dynamic interest rate environment. The scheme which has a minimum investment amount of just Rs 5,000 is positioned at the lowest end of the risk return scale as it invests primarily in tri party repo and other debt securities which may not be affected by changes in interest rate or credit quality of the issuer.

Since its inception, the scheme has proven its reliability—a Rs 100,000 investment would have grown to Rs 135,389.3, reflecting strong and steady compounding. The scheme is ideally meant for investors looking to park short term surpluses in a manner that ensures high liquidity and relatively low risk.

Managed by seasoned fixed-income experts Gurvinder Singh Wasan and Vikram Pamnani, the fund follows a conservative investment strategy with a focus on capital preservation, liquidity, and stable returns. With relatively Low Interest Rate Risk and relatively Low Credit Risk, the scheme is well-suited for corporate treasuries, HNIs, and retail investors alike.