Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty Midcap 150 Index Fund

NFO period: 14^th October - 28^th October, 2024

Highlights of the NFO:

• Scheme type - An open-ended Scheme replicating / tracking the NIFTY Midcap 150 Total Return Index.


• Investment objective - The investment objective of the Scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Total Returns Index before expenses, subject to tracking errors, fees, and expenses.


• Product suitability - This product is suitable for investors who are seeking long term capital growth. Investments in equity and equity related securities replicating the composition of the Nifty Midcap 150 Index with the aim to achieve returns of the stated index, subject to tracking error.


• Minimum Application Amount - Rs. 1,000/- and in multiples of Re. 1/- thereafter.


• Plan/ Options available - Direct Plan and Regular Plan having Growth Option.


• Fund Managers - Mr. Neeraj Saxena


• Benchmark - Nifty Midcap 150 Total Returns Index