Baroda BNP Paribas Mutual Fund is launching a new fund offer named ‘Baroda BNP Paribas Value Fund’, An open ended equity scheme following a value investment strategy. The NFO will be open for subscription from May 17th, 2023 and will end on May 31th, 2023.
The Schemes will reopen for continuous sale and repurchase within 5 Business days from the date of Allotment. Subscriptions can be made starting at Rs. 5,000 and in multiples of Rs. 1/-. Both a Regular Plan and a Direct Plan are available where each plan offers Growth as well as Payout of Income Distribution cum Capital withdrawal Option (IDCW).
About Baroda BNP Paribas Mutual Fund
The Baroda BNP Paribas Mutual Fund is owned equally by the Bank of Baroda (50.1% ownership) and BNP Paribas Asset Management Asia Ltd (49.9% ownership). On Thursday, October 11, 2019, both firms legally committed to merging their Asset Management and Trustee Companies in India. After obtaining the necessary permits from the relevant authorities, the merger became effective on March 14, 2022. As of now, they have agents in 90 different Indian cities. The partnership also provides advice to companies based abroad. As of the 28th of February, 2023, the firm’s AUM was Rs 24408.38 Crores. Baroda BNP Paribas Liquid Fund, Baroda BNP Paribas Balanced Advantage Fund, Baroda BNP Paribas Balanced Advantage Fund are the company’s largest schemes in terms of AUM as of Apr ’23. The company is backed by a combined legacy of 300+ years from both the stakeholders
Baroda BNP Paribas Value Fund – NFO Detail
| Type of Offer | NFO (New Fund Offer) |
| Fund House | Baroda BNP Paribas Mutual Fund |
| Name of the Fund | Baroda BNP Paribas Value Fund |
| Type of Scheme | Open ended |
| Category of Scheme | Equity – Value Fund |
| NFO Starts | 17-May-2023 |
| NFO Ends | 31-May-2023 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs. 5000 |
| Plans | Regular, Direct |
| Options | Growth, IDCW |
| Entry Load | Not Applicable |
| Exit Load | 1.00% |
| Investment Manager | Baroda BNP Paribas Asset Management India Private Limited |
| Fund Manager | Mr. Shiv Chanani |
Baroda BNP Paribas Value Fund NFO – Scheme Objective
The Scheme uses a value investment strategy to create long-term capital appreciation from a diversified equities and equity-related portfolio.
Baroda BNP Paribas Value Fund NFO – Who Can Invest?
This product is suitable for investors who are seeking*:
- Capital appreciation over the long term.
- Investment predominantly in a portfolio of equity and equity related securities by following a value investment strategy.
How Will the Scheme Allocate Its Asset
- 65-100% in Equity or Equity Related Instruments Across market capitalization.
- 0-35% in Debt Securities and Money Market Instruments.
- 0-10% in Units issued by REITs and Invits.
- 0-10% in Units of Mutual Fund Scheme.
Where Will the Scheme Invest?
- The Scheme may invest in equities and equity-related instruments, including warrants to buy equity shares and convertible debentures.
- Central and State Government securities, including coupon bearing bonds, zero coupon bonds, and T-Bills, and RBI-permitted reverse repos in such securities.
- Central and state government-guaranteed bonds, T-Bills, and zero-coupon bonds.
- Debt issued by domestic government agencies and statutory organizations, with or without a Central/State Government guarantee.
- Corporate debt (public and private) and repos in corporate debt securities.
- Debentures (public and private): convertible, nonconvertible, and cumulative.
- Bank term deposits (private and public).
- SEBI/RBI-approved debt and money market instruments (reverse repo, CBLO, etc.) or RBI-approved call money market alternative investments to fulfill liquidity needs.
- Certificate of Deposits (CDs).
- Commercial Paper.
- Units of mutual fund schemes.
- Debt securitization.
- RBI/SEBI-approved ADR/GDR/IDR/Foreign Securities.
- Units issued by REITs / InvITs.
- SEBI/RBI-approved domestic fixed-income securities.
- SEBI/RBI-approved derivatives.
Baroda BNP Paribas Value Fund NFO – SID (Scheme Information Document)
Please click here to read the SID (Scheme Information Document) of this upcoming NFO scheme.
How to Invest?
Visit this page on the AMC website for further detail and investment.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
