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 Midcap 150 Total Returns Index before expenses, subject to tracking errors, fees, and expenses. However, there is no assurance that the investment objective of the Scheme will be achieved.
| Fund Overview | |
|---|---|
| Exit Load | 0.20%, if redeemed within 7 days. |
| Min. SIP Amount | ₹ 500 |
| Min. LumpSum Amount | ₹ 1000 |
| Launch Date | 14th Oct 2024 |
| End Date | 28th Oct 2024 |
| Allotment Date | 4th Nov 2024 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty Midcap 150 TRI |
| Risk | Very High |
| Scheme Category | Other / Index Fund |
| Fund Manager | Neeraj Saxena |
| AMCs Details | |
|---|---|
| AMC Name | Baroda BNP Paribas Mutual Fund |
| RTA | KFin Technologies Ltd. |
| Total AUM | ₹ 45,350 Cr |
| Total Scheme | 39 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Baroda BNP Paribas Asset Management Company.
Baroda BNP Paribas Mutual Fund is a leading player in India’s mutual fund industry, formed through a strategic partnership between Bank of Baroda and BNP Paribas Asset Management.
This joint venture, formalized on October 11, 2019, and completed on March 14, 2022, combines the strengths of two financial giants. With a presence in 90 cities and over ₹32,266.82 crore in AUM as of March 2024, the fund offers a wide range of schemes tailored to diverse investor needs. Known for its disciplined investment approach and GARP philosophy, it also provides offshore advisory services, blending local market expertise with global insights.
You can explore more Mutual Funds offered by Baroda BNP Paribas Mutual Fund here
Happy Investing,
Saurav Parui