Ultimate Wealth

Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Childrens Fund

Dec 6, 2024 01:31:11 PM, by News Team

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

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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