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Baroda BNP Paribas Mutual Fund’s new fund offers Baroda BNP Paribas Innovation Fund that closed on 28^th February 2024, mobilised over INR 900 Crore from over 31,000 investors during the NFO period. The scheme re-opens for investment from 7^th March 2024.

Suresh Soni, CEO of Baroda BNP Paribas Mutual Fund, commented on the NFO collections, “India is at an inflection point of innovation with right ecosystem that fosters creativity and enables innovation. With rapid changes, the ability to create differentiation through innovation is a key determinant in long-term success of any business. We are pleased that investors have placed their trust and confidence in the Baroda BNP Paribas Innovation Fund. As the Indian economy advances, the fund will continue to seek and aim to invest in firms that drive innovation and set new industry standards. We believe Baroda BNP Paribas Innovation Fund presents an interesting opportunity for investors seeking long-term capital appreciation  in the Indian equity market.”

Baroda BNP Paribas Innovation Fund, an open-ended equity scheme investing in innovation theme. The Fund aims to provide investors with an opportunity to participate in the dynamic environment of innovative companies. The fund aims to provide a diversified portfolio devoid of sector or market cap bias, ensuring prudent investment strategies aligned with investor interests. The fund is suitable for investors aspiring a focused exposure to companies which are innovative / disruptive and to participate in India’s growth and innovation journey.

The scheme has re-opened for investments across all offline and online investment channels, including distributors and advisors, from 7^th March 2024.

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