Thu Aug 22 10:13:06 IST 2024

Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Dividend Yield Fund

NFO period: 22nd August - 05th September, 2024

Highlights of the NFO:

  • Scheme type - An open-ended equity scheme predominantly investing in dividend yielding stocks.

  • Investment objective - The investment objective is to provide medium to long term appreciation by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. There is no assurance that the investment objective of the Scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking long term capital appreciation Investment predominantly in equity and equity related instruments of dividend yielding companies.

  • Minimum Application Amount - First investment is Rs. 1,000 and in multiples of Rs. 1 thereafter.

  • Plan/ Options available - Direct Plan and Regular Plan having Growth and Income Distribution cum Capital Withdrawal (IDCW) Option.

  • Fund Managers - Mr. Shiv Chanani and Mr. Miten Vora

  • Benchmark - Nifty 500 TRI.

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)