Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Fixed Maturity Plan Series 2 (189 days)

NFO period: 19^th June – 21^st June, 2023

Highlights of the NFO:

• Scheme type – A close ended fixed income fund investing in debt instruments maturing at or before the maturity of the fund. A relatively low interest rate risk and moderate credit risk


• Investment objective – The investment objective of the scheme seeks to achieve growth of capital through investments made in a basket of fixed income securities maturing on or before the maturity of the scheme. However, there is no assurance that the objective of the scheme will be realised and the scheme does not assure or guarantee any returns.


• Product suitability – The product is suitable for investors who are seeking income over a short-term investment horizon by investing in debt & money market securities.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. The IDCW option offers payout facilities.


• Fund Managers – Mr. Mayank Prakash


• Benchmark – NIFTY Low Duration Fund BI Index


• Maturity period – 189 days from the date of allotment