Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Children's Fund

NFO period: 06^th December – 20^th December, 2024

Highlights of the NFO:

• Scheme type – An open-ended fund for investment for children having a lock-in of at least 5 years or till the child attains age of majority (whichever is earlier)


• Investment objective – The primary investment objective of the scheme is to generate long term growth by investing predominantly in a portfolio of equity and equity related instruments. However, there is no assurance or guarantee 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 and growth. By investing in predominantly equity and equity related portfolio.


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


• Plan/ Options available – Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option.


• Fund Managers – Mr. Pratish Krishnan


• Benchmark – Nifty 500 TRI