MUTUAL FUNDS
Baroda BNP Paribas Mutual Fund files offer document for Income plus Arbitrage Active Fund of Fund
Apr-23-2025

Baroda BNP Paribas Mutual Fund has filed offer document with SEBI to launch an open-ended fund of funds named 'Baroda BNP Paribas Income plus Arbitrage Active Fund of Fund'. The New Fund Offer price for units would be Rs 10. Entry load will be nil and Exit load for redemption or switch out of units within 1 year from date of allotment will be 1% of applicable NAV; and no exit load is payable if unit are redeemed or switched out 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 Nifty Composite Debt Index 60%+ Nifty Arbitrage Index 40% (Total Return Index). The minimum application amount is Rs 1000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to offer regular income and capital appreciation through diversification of investments across debt and arbitrage and debt oriented schemes of Baroda BNP Paribas Mutual Fund.


  RELATED NEWS >>