MUTUAL FUNDS
Baroda BNP Paribas Mutual Fund files offer document for Multi Asset Active Fund of Funds
Apr-17-2025
Baroda BNP Paribas Mutual Fund has filed offer document with SEBI to launch an open-ended fund of fund named ‘Baroda BNP Paribas Multi Asset Active Fund of Funds'. The New Fund Offer price will be Rs 10 each. Exit load for redemption or switch out of units within 1 year of date of allotment will be 1% of applicable NAV; and no exit load if units are redeemed after 1 year from the date of allotment. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against 65% of Nifty Composite Debt Index + 15% Nifty 500TRI +15% of INR price of Gold. The minimum application amount is Rs 1000 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to offer capital appreciation and income over long term through diversification of investments across debt, equity and gold schemes.

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