Fund Performance Review by Fund House
BNP Paribas Flexi Debt Fund, is dynamically managed debt scheme, which will take active calls on duration, movement along the yield curve as well as the shift in the yield curve.
The scheme seeks to generate alpha over the benchmark and the strategy is to capitalize on duration opportunities as they appear.
The duration of the scheme will tend to be longer if the fund manager feels that the interest rates are falling or moving down and vice versa. When the view on interest rates is neutral, the fund manager prefers to hold a short duration portfolio, as the flexibility to realign is higher.
The fund has the flexibility to invest in corporate bond, money market instruments and government securities.