Baroda BNP Paribas MF files draft for Baroda BNP Paribas Balanced Hybrid Fund; check details

Baroda BNP Paribas Mutual Fund has filed the draft with SEBI for its Baroda BNP Paribas Balanced Hybrid Fund, an open ended balanced scheme investing only in equity and debt instruments.The proposed scheme as per the draft Scheme Information Document (SID) aims “to achieve long term capital appreciation and generate income by actively managed investments in a balanced portfolio of equity & equity related instruments and debt & money market instruments.”

Name of the scheme: Baroda BNP Paribas Balanced Hybrid Fund Category: Balanced Hybrid Fund Type: Open ended balanced scheme investing only in equity and debt instruments Face value: ₹10 per unit (during NFO)

The equity portion of the portfolio will aim to provide long-term capital growth through a diversified and actively managed portfolio of equity and equity related securities. The scheme will follow a top-down approach to select sectors and follow a bottom-up approach to pick stocks across the sectors and market capitalization based on the quality of business model and quality of management, noted the document.

With respect to the fixed income portion, the scheme will follow a top-down approach taking into account aspects like interest rate view, term structure of interest rates, systemic liquidity, RBI's policy stance and inflationary expectations among others.

Silky Jain: Fund Manager, Baroda BNP Paribas has over 16 years of experience in Indian equity markets. Kirtan Mehta: Fund Manager, Baroda BNP Paribas has over 26 years of experience across areas including, equity research, management consultancy and corporate finance among others. Prashant Pimple: Chief Investment Officer –Fixed Income of Baroda BNP Paribas Asset Management has experience of 25 years. Vikram Pamnani: Over 15 years experience in the fixed income space.

The exit load will be charged as below: More than 10% of units allotted within 1 year from the date of allotment: 1% of applicable NAV Up to 10% of the units allotted within 1 year from date of allotment –Nil Redemption of units after 1 year from the date of allotment: Nil

Lump sum investment: ₹1,000 and in multiples of ₹1 thereafter Daily, weekly and monthly SIP of ₹500 and in multiples of ₹1 thereafter Quarterly SIP of ₹1,500 and in multiples of ₹1 thereafter Minimum additional purchase amount: ₹1,000 and in multiples of ₹1 thereafter

NFO period: Not announced yet Price during NFO: ₹10 per unit. Continuous offer of units will be at NAV based prices. The fund carries a "high risk“ as per the risk-o-meter.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.