logo
#

Latest news with #BarodaBNPParibasAssetManagementIndia

NFO Alert: Baroda BNP Paribas Mutual Fund launches Gold ETF Fund of Fund
NFO Alert: Baroda BNP Paribas Mutual Fund launches Gold ETF Fund of Fund

Time of India

time04-08-2025

  • Business
  • Time of India

NFO Alert: Baroda BNP Paribas Mutual Fund launches Gold ETF Fund of Fund

Live Events Baroda BNP Paribas Asset Management India has announced the launch of a new fund of fund scheme, the Baroda BNP Paribas Gold ETF Fund of Fund (FoF), which offers long-term investors seeking investment in gold-related assets a simple, low-cost and viable investment new fund offer , or NFO, is open for subscription and will close on August Read | Nifty slips into consolidation: What is the right strategy for mutual fund investors now? The fund offers high liquidity and is designed for investors seeking smart, low-volatility exposure to gold with potential for long-term capital appreciation . An exit load of 1% applies if units are redeemed or switched out within 15 days from the date of allotment. No exit load is payable on redemptions or switches made after 15 days, making it a flexible and convenient investment option for gold enthusiasts, according to the press release.'Indian households are one of the world's largest holders of gold. Their holdings of around 25,000 tonnes of this precious metal are more than the combined holdings of the top 10 reserve banks of the world*. However, the spectacular rise in the price of gold has made savings in gold inaccessible to a large percentage of the Indian populace,' said Prashant Pimple, CIO – Fixed Income, Baroda BNP Paribas MF.'With its low cost of holding, ease of transaction and low minimum investment amount, we have tried to make gold once again accessible to retail investors via our Baroda BNP Paribas Gold ETF Fund of Fund,' he fund will be managed by Gurvinder Singh Wasan, Madhav Vyas and Swapna Shelar. Baroda BNP Paribas Gold ETF Fund of Fund enables investors to access the precious metal in a convenient and secure manner, without the challenges of physical Read | SIP is always going to be better than an EMI : Deepak Shenoy of Capitalmind Mutual Fund says With lump sum investments starting at just Rs 1,000 (and in multiples of Re 1 thereafter) and monthly Systematic Investment Plans (SIPs) starting from just Rs 500, the scheme aims to bring gold investing within reach of every gold prices nearing Rs 1 lakh per 10 grams, affordability has become a major hurdle for many investors. The fund seeks to offer a timely solution by allowing gold exposure through mutual fund units. It also benefits from the rising demand among central banks globally, who have turned to adding to their existing gold reserves, amid geopolitical uncertainty, the release said.'If one looks at the last 10–25* years, then historically gold returns over the period have been almost as good as equity, or even better in some instances. This, along with its negative correlation with equity, reinforces its position as a potential stabiliser to the overall volatility of an investor's portfolio,' said Gurvinder Wasan, Senior Fund Manager, AMC.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

NFO Alert: Baroda BNP Paribas Mutual Fund launches Income Plus Arbitrage Active Fund of Funds
NFO Alert: Baroda BNP Paribas Mutual Fund launches Income Plus Arbitrage Active Fund of Funds

Time of India

time09-05-2025

  • Business
  • Time of India

NFO Alert: Baroda BNP Paribas Mutual Fund launches Income Plus Arbitrage Active Fund of Funds

Baroda BNP Paribas AMC has launched the Income Plus Arbitrage Active Fund of Fund, targeting conservative investors seeking better post-tax returns than traditional debt products. The scheme invests in a mix of debt and arbitrage mutual funds and is open for subscription till May 21. It offers tax-efficient income with a low-risk profile and diversified allocation. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Baroda BNP Paribas Asset Management India has announced the launch of the Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund (FoF). The scheme is designed for conservative investors who seek capital appreciation with regular income and aim to earn higher post-tax returns than traditional debt instruments and debt new fund offer or NFO of the scheme is open for subscription and will close on May Read | SIP inflows climb 3% to all-time high of Rs 26,632 crore in April The scheme will invest 50–65% in units of debt oriented mutual fund schemes of Baroda BNP Paribas Mutual Fund , 30–50% in units of arbitrage scheme of Baroda BNP Paribas Mutual Fund and 0-5% in money market instrumentsthus aiming to create a balanced and diversified portfolio that helps mitigate risk while enhancing return potential.'For conservative investors looking beyond fixed income products or conventional debt funds, this fund offers the potential to earn better post-tax returns, especially for holding periods beyond two years,' said Prashant Pimple, CIO – Fixed Income, AMC.'The concessional long-term capital gains (LTCG) tax rate of 12.5% makes this an attractive option for long-term savers in higher tax brackets,' he fund will be co-managed by Prashant Pimple and Neeraj Saxena. The scheme will be benchmarked against Nifty Composite Debt Index 60% + Nifty Arbitrage Index 40% - minimum application amount for lump sum investment is Rs 1,000 and in multiples of Re 1 thereafter. For daily, weekly, and monthly SIP, the minimum amount is Rs 500 and in multiples of Re 1 thereafter. For quarterly SIP, the minimum investment amount is Rs 1,500 and in multiples of Re 1 Baroda BNP Paribas Income Plus Arbitrage Active FoF seeks to invest in a portfolio of fixed income and arbitrage schemes. It seeks to build a risk profile similar to lower-risk fixed-income schemes and would invest in the Baroda BNP Paribas Arbitrage Fund for its arbitrage Read | NFO Insight: Can this multi asset allocation fund save your portfolio in this volatile market? The portfolio manager would select a fixed income scheme or multiple fixed income schemes with differential weights based on their views on macroeconomic variables, interest rates, credit environment, etc. The scheme intends to predominantly invest in debt schemes, thus providing investors a low-risk investment optionThis scheme is ideal for investors seeking lower-risk mutual funds, tax-efficient income solutions, and alternatives to fixed-income products.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store