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Baroda BNP Paribas Mutual Fund (MF) has launched Baroda BNP Paribas Nifty SDL December 2026 Index Fund, an open-ended Target Maturity Index Fund replicating / tracking the NIFTY SDL December 2026 Index with Relatively Moderate Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on January 16, 2023 and closes on January 23, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The performance of the Scheme will be benchmarked to the performance of NIFTY SDL December 2026 Index and its fund manager is Mayank Prakash.

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 SDL December 2026 Index before expenses, subject to tracking errors, fees and expenses.