Baroda Mutual Fund launches Baroda Money Market Fund

Mutual Fund
Jan 16, 2019 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

NFO period: 16th January – 22nd JAnuary, 2019

Highlights of the NFO:

  • Scheme type – An open ended debt scheme investing in money market instruments

  • Investment objective – The primary objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.

  • Product suitability – The product is suitable for investors who are seeking regular income over short term by investing in money market instruments having maturity upto 1 year.

  • 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 Option.

  • Fund Managers – Mr. Alok Sahoo & Mr. Karn Kumar

  • Benchmark – CRISIL Money Market Index

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

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