What’s the news?
Baroda BNP Paribas Mutual Fund to launched a new NFO Baroda BNP Paribas Flexi Cap Fund in the flexi cap category, that offers a diversified investment portfolio that invests across market capitalisation.
The Baroda BNP Paribas flexi cap fund’s investment objective is to generate long-term capital appreciation by investing in a dynamic mix of equity and equity-related instruments across market capitalizations. However, there can be no assurance that the fund’s investment objectives will be realized, and it does not guarantee any returns.
|Baroda BNP Paribas Flexi Cap Fund||Details|
|NFO Opening Date||July 25th 2022|
|NFO Closing Date||August 5th 2022|
|Re-Opens for Subscription||August 16th 2022|
|Type of Fund||Open-ended equity scheme|
|Fund Manager||Mr Sanjay Chawla (equity portion)|
Mr Sandeep Jain (overseas investments)
|Minimum Investment Amount||INR 5,000|
|Minimum Additional Purchase Amount||INR 5,000|
|Benchmark||NIFTY 500 TRI|
|Plans and Options||Regular Plan & Direct Plan, Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option|
- All additional investment amounts should be multiple of INR 1/-
- Minimum SIP/SWP/STP is INR 500/-
- If units of the Scheme are redeemed up to 10% of the units (the limit) within 1 year from the date of allotment – Nil.
- If units of the plan are redeemed or swapped out in excess of the limit within 1 year from the date of allotment – 1% of the applicable NAV.
- In case the units of the plan are redeemed or switched out after 1 year from the date of allotment – Nil.
Who Can Invest?
Baroda BNP Paribas Flexi Cap Fund is a diversified equity mutual fund. The scheme invests across different market caps: large-cap, mid-cap and small-cap equities. The fund managers have the power to deploy the portfolio dynamically based on market conditions, valuations, and future growth possibilities, among other factors. Returns across market capitalisations can be cyclical and can vary in both magnitude and direction of movement. Within each market capitalisation group, the performance and prospects of enterprises vary considerably.
Therefore, investors who are willing to invest in diversified funds and with high-risk tolerance levels can consider this flexi cap scheme. Baroda BNP Paribas Flexi Cap Fund offers exposure across market caps. Furthermore, the scheme is more aligned with long-term financial goals. Moreover, the Baroda BNP Paribas Flexi Cap Fund is aimed at investors with a longer investment duration of 5+ years.
Popular Funds by the Baroda BNP Mutual Funds
- Baroda BNP Paribas Multi Cap Fund
- BNP Paribas Liquid Fund
- Baroda BNP Paribas Large Cap Fund
- BNP Paribas Short Term Fund
Mr. Sanjay Chawla
Mr Sanjay Chawla has more than 30 years of experience in equity research, fund management, and management consultancy. He is currently the Chief Investment Officer (CIO) – Equity. Prior to joining the Baroda BNP, he was with Birla SunLife AMC, SBI Capital Markets, Motilal Oswal Securities, IDBI Capital Markets, SMIFS Securities, IIT Invest Trust and Lloyds Securities. Mr Chawla holds an MMS degree from BITS, Pilani.
Mr. Sandeep Jain
Mr Sandeep Jain has more than 14 years of industry experience. Prior to joining BNP AMC, he was with Aditya Birla Sunlife Insurance, Sundaram Asset Management Company Limited, Emkay Global Financial Services Ltd, IDBI Capital Markets & Securities Ltd. and Tata Capital. Mr Jain is a Chartered Accountant (CA) from the Institute of Chartered Accountants of India.
Following is the indicative asset allocation of the Baroda BNP Paribas Flexi Cap Fund.
|Types of Instruments||Indicative Allocation Minimum||Indicative Allocation Maximum||Risk Profile|
|Equity and Equity Related Instruments:Large Cap, Mid Cap and Small Cap Companies||65%||100%||Very High|
|Debt and Money Market Instruments||0||35%||Low to Medium|
|Units issued by REITs and InvITs||0||10%||Very High|
Baroda BNP Paribas Flexi Cap Fund is a diversified equity scheme that invests across different market capitalisations. The fund follows a 3-way investment approach by looking for opportunities across lengths, breadths and depths – Top Down Approach for Sectors, Bottom-Up Stock Selection, and Horizontal: For choosing market cap. The fund invests in large caps to reduce volatility, whereas in mid and small caps as they have higher growth potential.
Baroda BNP Paribas Flexi Cap Fund has a diversified portfolio that aims to reduce risks associated with investing in large, mid and small caps.
Baroda BNP Paribas Flexi Cap Fund is aimed at investors who understand and are willing to take on the risk associated with investing across equities. Furthermore, a long-term investment horizon is advisable since the flexi cap fund primarily invests across equities. Moreover, as the fund does not guarantee returns, one must monitor their investments closely.
How Can I Invest in the Baroda BNP Paribas Flexi Cap Fund NFO?
You can invest in the Baroda BNP Paribas Flexi Cap Fund NFO through any of the following methods:
By filling out the Baroda BNP Paribas Flexi Cap Fund NFO application and submitting it along with all documents and cheques to the nearest Investor Service Center of CAMS or Baroda BNP Paribas mutual fund office.
- Baroda BNP Paribas Mutual Fund Website
- Online FinTech platforms and mutual fund platforms
- Through demat account
- Through a mutual fund distributor or agent
Is Baroda BNP Paribas Flexi Cap Fund NFO risky?
It is a very high-risk investment according to riskometer classification. Baroda BNP Paribas Flexi Cap Fund is a pure equity mutual fund that invests in stocks across different market caps. Thus, the scheme falls under the very high-risk category. Investors must be mindful of the associated risks and have a long-term investment horizon as the scheme doesn’t guarantee any returns.
Is there a lock-in period for Baroda BNP Paribas Flexi Cap Fund?
Baroda BNP Paribas Flexi Cap Fund doesn’t have a lock-in period.