Baroda BNP Paribas Money Market Fund Hits ₹4,500 Crore AUM Milestone

• Baroda BNP Paribas Money Market Fund achieved ₹4,500 crore in Assets Under Management (AUM) after six years since its launch.
• The open-ended debt scheme invests in short-term money market instruments, primarily high-credit-quality assets (AAA or A1+ equivalent).
• As of January 15, the fund's regular plan delivered a one-year return of 7.16%, outperforming its benchmark, the CRISIL Money Market A-I Index.
• Since inception, a ₹1 lakh investment would have grown to approximately ₹1.42 lakh, demonstrating steady accrual.
• The fund maintains a short-duration strategy with a yield to maturity (YTM) of 6.78% and an average maturity of 0.43 years as of January 15.

Why It Matters: Baroda BNP Paribas Money Market Fund reached ₹4,500 crore AUM, showing strong returns and a stable short-term strategy.