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News Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Dividend Yield Fund
Aug 22, 2024
Mutual Fund
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Dividend Yield Fund
NFO period: 22nd August - 05th September, 2024
Highlights of the NFO:
- Scheme type - An open-ended equity scheme predominantly investing in dividend yielding stocks.
- Investment objective - The investment objective is to provide medium to long term appreciation by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. There is no assurance 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 Investment predominantly in equity and equity related instruments of dividend yielding companies.
- Minimum Application Amount - First investment is Rs. 1,000 and in multiples of Rs. 1 thereafter.
- Plan/ Options available - Direct Plan and Regular Plan having Growth and Income Distribution cum Capital Withdrawal (IDCW) Option.
- Fund Managers - Mr. Shiv Chanani and Mr. Miten Vora
- Benchmark - Nifty 500 TRI.
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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