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News Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty200 Momentum 30 Index Fund
Sep 25, 2024
Mutual Fund
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty200 Momentum 30 Index Fund
NFO period: 25th September - 09th October, 2024
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating / tracking the Nifty200 Momentum 30 Total Returns 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 Nifty200 Momentum 30 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 achieved.
- Product suitability - This 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 Nifty200 Momentum 30 Index with the aim to achieve returns of the stated index, subject to tracking error.
- Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option only.
- Fund Managers - Mr. Neeraj Saxena
- Benchmark - Nifty200 Momentum 30 Total Returns Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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