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News Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Childrens Fund
Dec 6, 2024
Mutual Fund
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Childrens Fund
NFO period: 06th December - 20th December, 2024
Highlights of the NFO:
- Scheme type - An open-ended fund for investment for children having a lock-in of at least 5 years or till the child attains age of majority (whichever is earlier)
- Investment objective - The primary investment objective of the scheme is to generate long term growth by investing predominantly in a portfolio of equity and equity related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking long term capital appreciation and growth. By investing in predominantly equity and equity related portfolio.
- Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option.
- Fund Managers - Mr. Pratish Krishnan
- Benchmark - Nifty 500 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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