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Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Retirement Fund

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  • Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Retirement Fund

NFO period: 08th May ? 22nd May, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended retirement solution-oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

  • Investment objective ? The primary investment objective of the scheme is to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments with a view to provide a retirement solution to investors. However, there can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/indicate any returns.

  • Product suitability ? The product is suitable for investors who are seeking capital appreciation and income generation over long term by investing in diversified portfolio of equity & equity related securities and fixed Income securities.

  • Minimum Application Amount ? First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available ? Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout Facility).

  • Fund Managers ? Mr. Pratish Krishnan(Equity portion), Mr. Mayank Prakash(Debt portion) and Mr. Miten Vora(Overseas Investments)

  • Benchmark ? CRISIL Hybrid 35+65 - Aggressive Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)