Baroda BNP Paribas Mutual Fund introduces Baroda BNP Paribas Dividend Yield


Baroda BNP Paribas Dividend Yield Fund opened on August 22, 2024, it is an open-ended equity scheme under Baroda BNP Paribas Mutual Fund. This scheme mainly invests in dividend yield equities as well as other related instruments for capital accumulation over medium to long-term duration. However, there are no assurances that the expected returns will be attained through this program. The minimum sum required for contribution is ₹1,000. The new fund offering closes on September 5, 2024.

Objective of Scheme: The investment objective of Baroda BNP Paribas Dividend Yield Fund 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.

Risk-o-meter:

Risk_Meter.webp

Funds Allocation (for both Schemes)

Source: Scheme Information Document

Who should invest in this fund?

This NFO of the Baroda BNP Paribas Dividend Yield Fund is suitable for investors who are seeking long-term capital appreciation and want to invest predominantly in equity and equity-related instruments of dividend-yielding companies.

Benchmark

The performance of the Baroda BNP Paribas Dividend Yield Fund will be benchmarked to the performance of the Nifty 500 TRI.

Peer Fund Schemes

Data As of August 21, 2024.

Who Manages the Scheme?

Shiv Chanani, Senior Manager- Equity

Shiv Chanani has an overall experience of more than 24 years. His last stint was with Elara Securities (India) Private Limited as Head of Equity Research & Strategy. Before that, he worked with E Fund Management (HK) Co. Ltd and Nippon Life India Asset Management Limited (formerly known as Reliance Capital Asset Management).

Miten Vora, Senior Analyst & Fund Manager Equity

Miten Vora has an overall experience of more than 14 years. Before this, he worked with Canara HSBC Oriental Life Insurance, BNP Paribas Asset Management India Private Limited, IDBI Asset Management Company and Antique Stock Broking Limited. Vora has done his PGDM in Finance from the Institute of Chartered Financial Analysts of India, Hyderabad.

Conclusion

Investors seeking long-term capital growth through dividend-yielding equities may find this NFO appealing. However, the fund’s success in achieving its investment objectives cannot be guaranteed.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *