Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Childrens Fund
Dec 6, 2024 by News Team
NFO period: 06th December - 20th December, 2024
Highlights of the NFO:
Scheme type - An open-ended fund for investment for children having a lock-in of at least 5 years or till the child attains age of majority (whichever is earlier)
Investment objective - The primary investment objective of the scheme is to generate long term growth by investing predominantly in a portfolio of equity and equity related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking long term capital appreciation and growth. By investing in predominantly equity and equity related portfolio.
Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available - Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option.