April 17, 2024
mayank
Baroda BNP Paribas Retirement Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Baroda BNP Paribas Retirement Fund Open Date, Close Date?
NFO opens on May 08, 2024
NFO will close on May 22, 2024
What is the Investment Strategy?
The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments with a view to provide a retirement solution to investors.
Basic Details
| Fund House | Baroda BNP Paribas Mutual Fund |
| Issue Open | 08 May 2024 |
| Issue Close | 22 May 2024 |
| Type | Open-ended |
| Category | Hybrid: Aggressive Hybrid |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
What is the Benchmark Index?
CRISIL Hybrid 35+65 – Aggressive Index seeks to track the performance of an equity-oriented hybrid portfolio having a blend of S&P BSE 200 (65%) and CRISIL Composite Bond Fund Index (35%).
Features:
1) The index seeks to capture returns on a balanced portfolio which includes both equity and debt.
2) Base date for the Index: March 31, 2002
3) Index portfolio marked-to-market on a daily basis
4) Derived index from the following sub-indices
(1) S&P BSE 200 (65%)
(2) CRISIL Composite Bond Fund Index (35%)
(3) Total return index:
| Index | TRI/PRI |
| S&P BSE 200 | Price return PRI from Inception to 31 July 2006 |
| S&P BSE 200 | TRI 1st Aug 2006 onwards |
| CRISIL Composite Bond Fund Index | TRI since inception |
Key Characteristics:
● Rich history: CRISIL Hybrid 35+65 – Aggressive Index has an inception date of March 31, 2002. Thus, the index has
been in existence for over a decade witnessing multiple interest rate cycles and has stood the test of time.
● Liquidity: The index seeks to capture the movement in a portfolio of most liquid debt instruments by using
appropriate market representation.
● Replicability: The index constituents are valued on a daily basis. This lends the index a realistic approach by having
the valuations close to market levels.
Performance Review of the Fund Manager of Baroda BNP Paribas Retirement Fund?
1) Pratish Krishnan
Education: Mr. Krishnan has done MMS in Finance
Experience: Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Antique Stock Broking as Sr Analyst- IT, Telecom & Media, DSP Merrill Lynch as Vice President- Research, SBI Capital Markets as Sr. research Analyst, Cholamandalam DBS Finance LTD as Research Analyst.
Past Performance of his Schemes
| Fund | Baroda BNP Paribas ELSS Tax Saver Fund | It’s Benchmark | Baroda BNP Paribas Conservative Hybrid Fund | It’s Benchmark |
| 1 Year | 40.65 | 36.91 | 12.51 | 14.43 |
| 3 Year | 18.27 | 19.60 | 7.35 | 9.48 |
| 5 Year | 16.68 | 17.25 | 7.43 | 9.20 |
| 7 Year | 13.69 | 15.64 | 6.98 | 9.09 |
| 10 Year | 15.44 | 16.00 | 8.05 | 9.35 |
As on 17-4-2024
2) Mayank Prakash
Education: Mr. Prakash is a Chartered Accountant and MBA (Finance).
Experience: Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Kotak AMC.
Past Performance of his Schemes
| Fund | Baroda BNP Paribas Aggressive Hybrid Fund | It’s Benchmark | Baroda BNP Paribas Corporate Bond Fund | It’s Benchmark |
| 1 Year | 31.42 | 23.07 | 7.05 | 7.11 |
| 3 Year | 16.53 | 14.76 | 4.42 | 5.17 |
| 5 Year | 16.10 | 13.55 | 4.23 | 5.77 |
| 7 Year | 13.82 | 13.51 | 4.79 | 5.83 |
| 10 Year | — | — | 6.15 | 6.75 |
As on 17-4-2024
Which Company Owns Baroda BNP Paribas Retirement Fund?
Baroda BNP Paribas Asset Management (India) Private Ltd.
Address: BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai – 400051
Website: https://www.barodabnpparibasmf.in/
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Is it good to invest in Baroda BNP Paribas Retirement Fund NFO?
Guidance for Baroda BNP Paribas Retirement Fund by Paresh Gordhandas, C.A., Research Analyst.
The Baroda BNP Paribus Retirement Fund is a hybrid fund with both equity and debt holdings. While it leans more towards the equity portion. The benchmark for this fund is CRISIL Hybrid 35+65 which is an aggressive Index. The index has been in existence for over a decade witnessing multiple interest rate cycles and has stood the test of time. The index seeks to capture the movement in a portfolio of most liquid debt instruments. This product from Baroda BNP Paribus is a retirement solution and hence investing as early as possible in your career would give better returns. The Fund has a lock in period of five years. The Fund Managers both have good experience under their belt. Can start doing an SIP in this fund.
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