Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Retirement Fund

NFO period: 08^th May ? 22^nd May, 2024

Highlights of the NFO:

• Scheme type ? An open-ended retirement solution-oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)


• Investment objective ? The primary investment objective of the scheme is to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments with a view to provide a retirement solution to investors. However, there can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/indicate any returns.


• Product suitability ? The product is suitable for investors who are seeking capital appreciation and income generation over long term by investing in diversified portfolio of equity & equity related securities and fixed Income securities.


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


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


• Fund Managers ? Mr. Pratish Krishnan(Equity portion), Mr. Mayank Prakash(Debt portion) and Mr. Miten Vora(Overseas Investments)


• Benchmark ? CRISIL Hybrid 35+65 - Aggressive Index