Baroda Mutual Fund launches Baroda Fixed Maturity Plan: Series P

Mutual Fund
Feb 4, 2019 by Advisorkhoj Team | Mutual Fund | 8 Downloaded

NFO period: 04th February – 12th February, 2019

Highlights of the NFO:

  • Scheme type – A close ended debt scheme

  • Investment objective – The investment objective of the scheme is to generate returns by investing in a portfolio comprising of debt instruments and money market instruments maturing on or before the maturity of the scheme. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking income generation over an investment horizon of long term by investing in debt/money market instrument/Government Securities. Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan & Direct Plan having Growth Option and Dividend Payout Option.

  • Fund Manager – Mr. Alok Sahoo and Ms. Hetal Shah

  • Benchmark – CRISIL Composite Bond Fund index

  • Maturity – 1160 days from the date of allotment

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

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