Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty 50 Index Fund

NFO period: 08^th January – 22^nd January, 2024

Highlights of the NFO:

• Scheme type – An open-ended scheme replicating / tracking the NIFTY 50 Total Return Index


• Investment objective – The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 50 Total Returns Index before expenses, subject to tracking errors, fees and expenses. However, there is no assurance that the objective of the scheme will be realized, and the scheme does not assure or guarantee any returns.


• Product suitability – The product is suitable for investors who are seeking long term capital growth by investing in equity and equity related securities replicating the composition of the Nifty 50 Index with the aim to achieve returns of the stated index, subject to tracking error.


• Minimum Application Amount – First investment is Rs. 5,000/- 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) Option (IDCW Pay-out, IDCW Transfer and IDCW Reinvestment Facility).


• Fund Manager – Mr. Neeraj Saxena


• Benchmark – Nifty 50 Total Returns Index