Latest news with #BarodaBNPParibasMutualFund
Time of India
09-05-2025
- 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)
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Business Standard
06-05-2025
- Business
- Business Standard
4X growth and counting: Baroda BNP Paribas Gilt Fund hits Rs 1,500 crore
Baroda BNP Paribas Gilt Fund, a flagship fixed income mutual fund, has completed its twenty third year with a dual milestone of surpassing Rs 1,500 crore in Assets Under Management (AUM), and rewarding investors with 4X growth. Since inception, the Baroda BNP Paribas Gilt Fund has delivered consistent long-term returns, transforming an initial investment of RS 10,000 into Rs 41,919.60 as of March 31, 2025 — an over four-fold increase. "Over the past 12 months alone, the scheme's regular plan has provided a 9.61% return, making it a preferred choice for investors seeking low-risk, long-duration debt investments with capital appreciation potential," Baroda BNP Paribas Mutual Fund said in a statement. The fund maintains zero default risk, ensuring stable and secure returns. "The portfolio of the Baroda BNP Paribas Gilt Fund is positioned to actively benefit from the spreads between G-Secs and SDLs as well as from our expectations of softening of the yield curve led by positive fundamentals for India's bond markets,' said Prashant Pimple, Chief investment officer Fixed income, Baroda BNP Paribas Asset Management (India). Managed by Gurvinder Singh Wasan, CFA, Senior Fund Manager and Prashant Pimple, Chief Investment Officer – Fixed Income at Baroda BNP Paribas Mutual Fund, the scheme primarily invests in high-quality, risk-free government securities and State Development Loans (SDLs). "The fund takes strategic duration calls to capture potential gains from expected RBI interest rate cuts, making it an ideal option for investors looking to benefit from a falling interest rate environment. With the latest RBI monetary policy changing its stance to accommodative from neutral, schemes such as these, are well positioned to benefit from the capital appreciation that will result from the RBI cutting repo rates," the company said in a statement. "'We expect to run a portfolio duration close to the duration of the benchmark 10-year G-Sec security. This is based on our view that rates can come down lower given inflation adjusted real rates are still in positive zone," said Pimple.
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Business Standard
24-04-2025
- Business
- Business Standard
Manufacturing funds: Bet on potential gains from global trade shifts
After weeks of tariff-related tensions sparked by the United States, a lull followed the announcement of a 90-day negotiation window by President Donald Trump. While markets reacted with volatility, attention soon turned to the implications for Indian and global manufacturing. 'The global tariff war has brought renewed focus on the manufacturing sector. India has taken a prudent approach by pursuing bilateral trade negotiations rather than escalating tensions, unlike some other nations. This can potentially benefit Indian manufacturers, especially in sectors where we are net exporters to the US, and may even lead to market share gains. However, the final impact will depend on the outcome of the ongoing trade talks,' says Lalit Kumar, fund manager, ICICI Prudential Mutual Fund. There are 12 actively managed manufacturing funds, which have total assets under management (AUM) of ₹32,999 crore. Four passive funds also exist; they together have an AUM of ₹473 crore. Investor sentiment stabilises Indian investors' concerns about the impact on export-focused manufacturers and thematic manufacturing funds have eased as bilateral talks continue. These funds invest at least 80 per cent of their assets in manufacturing companies across market capitalisations. Policy tailwinds Government programmes such as the Production Linked Incentive (PLI) scheme, export promotion and import substitution, and global companies adopting a China Plus One strategy, are supporting domestic manufacturing. 'Just as the US is looking towards its self-interest, India has an equal incentive to reduce its import dependence and achieve a better balance on its manufacturing trade deficits. The manufacturing theme will still play out with growth in manufacturing likely to be ahead of its growth in gross domestic product, given the government's thrust on stepping up the share of manufacturing in GDP. The domestic story is, therefore, likely to remain strong,' says Jitendra Sriram, senior fund manager, Baroda BNP Paribas Mutual Fund. Thematic risks Being thematic in nature, manufacturing funds carry higher risk. 'Manufacturing being a thematic bet can be risky and volatile. The manufacturing sector's performance can be affected by various economic and political factors,' says Parul Maheshwari, certified financial planner. Investors should assess their asset allocation and rebalance it if overexposed to equities in general and thematic funds in particular. 'Sectoral/thematic funds, by nature, have a higher risk profile than broad-based funds. If someone has lower risk tolerance, they should evaluate the magnitude and appropriateness of exposure to sectoral/ thematic funds,' says Sriram. Barring a few exceptions, most manufacturing funds have a short track record. Long-term commitment essential Short-term investors seeking quick gains may be disappointed, as the trade-related disputes may take a while to be resolved. Moreover, Indian manufacturing companies are adapting to changing conditions. A long-term horizon is hence crucial. 'Investors who have an appetite for risk and are ready to wait for seven years could opt for the systematic investment plan route. They should restrict overall exposure to 5 per cent of the portfolio. Conservative investors or first-time investors should stay away and invest in largecap oriented diversified equity mutual funds only,' says Maheshwari.
Reuters
08-04-2025
- Business
- Reuters
India's benchmark Nifty set to rebound after $280 billion wipeout in three sessions
April 8 (Reuters) - India's benchmark Nifty 50 is set to open higher on Tuesday, rebounding after it logged its steepest single-day drop in 10 months as a U.S. tariff-fuelled selloff triggered anxiety among investors. The GIFT Nifty futures were trading at 22,683 as of 8:03 a.m. IST, indicating that Nifty (.NSEI), opens new tab will open 2.3% higher than its Monday close of 22,161.6. The total market value of all NSE-listed companies has fallen by $280 billion in three sessions since the announcement of U.S. tariffs. Foreign institutional investors sold Indian shares worth $1.05 billion on Monday, the highest daily outflow since February 28. Domestic institutional investors bought $1.41 billion of shares. Other Asian markets, which tumbled on Monday, also opened higher on the day. The MSCI Asia ex-Japan index (.MIAPJ0000PUS), opens new tab added 0.2%, Japan's Nikkei 225 (.N225), opens new tab traded 5.7% higher, and the Hang Seng index (.HIS), opens new tab rose 2.5%. Most Wall Street equities closed lower overnight, with mounting concerns over an economic slowdown and rising inflation due to Trump's tariff plans weighing on sentiment. While Indian equities could likely rebound, "the current investor sentiment is characterised by uncertainty and fear, and it will persist till the time a new normal for global trade is established," said Shiv Chanani, fund manager of equity at Baroda BNP Paribas Mutual Fund. The Nifty volatility index (.NIFVIX), opens new tab - or the fear index - jumped 66% to 22.79, the biggest daily rise in 10 years. "The dramatic rise in the volatility index highlights a surge in market anxiety and signals uncertainty among investors ahead of the Reserve Bank of India's monetary policy meeting," said Dhupesh Dhameja, derivatives research analyst at SAMCO Securities. The RBI is widely expected to cut 25 basis points on Wednesday amid expectations that its monetary policy could likely turn more supportive as tariffs threaten to hurt economies globally. STOCKS TO WATCH ** Jeweller and watchmaker Titan ( opens new tab says fourth-quarter revenue grew 25% on surging gold prices ** Indian government signs 23.85-billion-rupee ($277.80 million) contract with Bharat Electronics ( opens new tab for electronic warfare suites, aircraft modification kits ** Automaker Mahindra & Mahindra ( opens new tab reports, opens new tab total production of 88,701 units in March, up 23.5% year-on-year ** Sobha ( opens new tab says its sales value logged a sequential growth of 32.2% in the March quarter ($1 = 85.8520 Indian rupees)
