Baroda BNP Paribas Nifty Midcap 150 Index Fund NFO:
Baroda BNP Paribas Nifty Midcap 150 Index Fund is an index fund investing primarily in equity and equity related securities comprising the Nifty Midcap 150 Total Returns Index. The fund will seek to replicate the portfolio of the Nifty Midcap 150 Total Returns Index i.e. the scheme will hold stocks in a similar proportion to the index and will aim to generate returns that closely track the returns of the Nifty Midcap 150 Total Returns Index.
Who Should Invest?
- Long term investors looking for capital appreciation.
- Investors seeking investments in equity and equity related securities replicating the composition of the Nifty Midcap 150 Total Return Index with an aim to achieve returns of the underlying index, subject to tracking error.
(source:barodabnpparibasmf.in)
Baroda BNP Paribas Nifty Midcap 150 Index Fund NFO Details:
Mutual Fund | Baroda BNP Paribas Mutual Fund |
Scheme Name | Baroda BNP Paribas Nifty Midcap 150 Index Fund |
Objective of Scheme | The investment objective of the Scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Total Returns Index before expenses, subject to tracking errors, fees, and expenses. However, there is no assurance that the investment objective of the Scheme will be achieved. |
Scheme Type | Open Ended |
Scheme Category | Other Scheme – Index Funds |
New Fund Launch Date | 14-Oct-2024 |
New Fund Earliest Closure Date | |
New Fund Offer Closure Date | 28-Oct-2024 |
Indicate Load Seperately | |
Minimum Subscription Amount | 1000 |
(source:amfiindia)