Baroda BNP Paribas MutualFund introduces Multi Asset Active Fund of Funds
Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Multi Asset Active Fund of Funds, an open-ended fund of fund scheme predominantly investing in debt, equity and gold oriented schemes of Baroda BNP Paribas Mutual Fund. The NFO opens for subscription on May 15, 2025 and closes on May 26, 2025. The Entry Load is not applicable for the scheme. The Exit Load is 1.00% of applicable Net Asset Value (NAV) - for redemption/switch out of units within 1 year from the date of allotment and No Exit Load is payable if units are redeemed / switched-out after 1 year from the date of allotment. The minimum subscription amount is Rs 1,000 and in multiples of Rs. 1 thereafter.
The performance of the Scheme will be benchmarked at 65% of NIFTY Composite Debt Index + 15% Nifty 500 TRI + 15% of INR Price of Gold and its fund managers are Prashant Pimple & Pratish Krishnan.
The investment objective of the Scheme is to offer capital appreciation and income over long term through diversification of investments across debt, equity and gold schemes.
