Baroda Mutual Fund launches Baroda Money Market Fund

NFO period: 13^th June – 18^th June, 2019

Highlights of the NFO:

• Scheme type – An open ended debt scheme investing in money market instruments


• Investment objective – The primary objective of the scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.


• Product suitability – The product is suitable for investors who are seeking regular income over short term by investing in money market instruments having maturity upto 1 year.


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


• Plan/ Options available – Regular Plan & Direct Plan having Growth Option and Dividend Option.


• Fund Managers – Mr. Alok Sahoo & Mr. Karn Kumar


• Benchmark – CRISIL Money Market Index