Baroda BNP Paribas MF introduces Energy Opportunities Fund
Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Energy Opportunities Fund, an open-ended equity scheme investing in energy companies. The NFO opens for subscription on January 21, 2025 and closes on February 04, 2025. The Entry Load is not applicable for the schemes. The Exit Load will be 1% of applicable NAV - for redemption/switch out of units more than 10% of units, within 1 year from the date of allotment and Nil - for redemption/ switch out of units in any other case. The minimum subscription amount is Rs 1,000 and in multiples of Rs. 1 thereafter.
The performance of the scheme will be benchmarked at Nifty Energy TRI and its fund managers are Sanjay Chawla and Sandeep Jain.
The investment objective of the Scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries/sectors such as oil & gas, utilities and power.
