The objective of the fund is to generate superior returns through a combination of Equity, Fixed Income and Gold ETFs. The fund invests 65 to 80 percent in equity for growth.
Multi Asset MF New Fund Offer
If you are looking for a better investment option with less risk then you have a good chance. Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Multi Asset Fund, an open-ended scheme investing in Equity, Debt and Gold ETFs. The fund will be managed by experienced fund managers Jitendra Shriram and Vikram Pamnani. It will be benchmarked against a customized index consisting of over 65% of Nifty 500 TRI, 20% of Nifty Composite Debt Index and 15% of Gold Price. This NFO Has opened for investment on November 28, 2022 and will close on December 12, 2022. One can invest in this fund with a minimum of Rs 5000, after which investment can be made in multiples of Rs 1.
Investment in Equity, FD and Gold
The objective of the scheme is to achieve long term capital growth through allocation of 65-80% of the investment in equities. At the same time, through this, 10-25 percent will be allocated in both fixed income and gold ETF asset classes, while 10 percent will be allocated in REITs and INVITs. The objective of the fund is to generate superior returns through a combination of Equity, Fixed Income and Gold ETFs. The fund offers a differentiated asset allocation-based portfolio strategy. The objective of which is to offer growth during market boom and provide protection during decline. That is, it is a good investment option to get better returns with less risk.
Opportunity to build a diversified portfolio
Speaking on the occasion, Suresh Soni, CEO, Baroda BNP Paribas Mutual Fund said that Baroda BNP Paribas Multi Asset Fund is offering investors an opportunity to build a well diversified portfolio across different asset classes. It is a good investment option for both first-time investors and experienced investors, as it avoids the hassle associated with investing in multiple assets. It is also a better option for investors looking for asset class diversification and portfolio with allocation in gold
The objective of this fund is to leverage a multi cap investment approach backed by strong research with a mix of around 45-55 stocks from different sectors. When it comes to fixed income, the fund invests in a high quality portfolio of debt and money market instruments to deliver better returns with relatively lower credit risks. The fund also adds gold to investors’ portfolios by investing in Gold ETFs. includes.