Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Innovation Fund

NFO period: 14^th February – 28^th February, 2024

Highlights of the NFO:

• Scheme type – An open-ended equity scheme investing in innovation theme


• Investment objective – The investment objective of the scheme is to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of companies focusing and benefitting from innovation. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking long term capital appreciation by investing in equity & equity related securities of the companies that benefit from innovation theme.


• 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 & Income Distribution cum Capital Withdrawal Option with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option.


• Fund Managers – Mr. Pratish Krishnan and Mr. Miten Vora


• Benchmark – Nifty 500 TRI