August 3, 2024
mayank
Baroda BNP Paribas Dividend Yield 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
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Baroda BNP Paribas Dividend Yield Fund Open Date, Close Date?
NFO opens on August 22, 2024
NFO will close on September 05, 2024
What is the Investment Strategy?
The scheme seeks to provide medium to long term appreciation by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. There is no assurance that the investment objective of the Scheme will be achieved.
Basic Details
| Fund House | Baroda BNP Paribas Mutual Fund |
| Issue Open | 22 August 2024 |
| Issue Close | 05 September 2024 |
| Type | Open-ended |
| Category | Equity: Thematic-Dividend Yield |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
What is the Benchmark Index of Baroda BNP Paribas Dividend Yield?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 3.53 | 21.11 | 37.94 | 21.07 | 11.26 |
| Total Return | 3.62 | 21.86 | 39.28 | 22.35 | 12.98 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.70 | 18.67 | 22.37 |
| Beta (NIFTY 50) | 1.03 | 0.96 | 0.93 |
| Correlation (NIFTY 50) | 0.95 | 0.98 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 27.1 | 4.55 | 1.02 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 6.38 |
| Reliance Industries Ltd. | 5.34 |
| ICICI Bank Ltd. | 4.48 |
| Infosys Ltd. | 3.54 |
| ITC Ltd. | 2.40 |
| Larsen & Toubro Ltd. | 2.34 |
| Tata Consultancy Services Ltd. | 2.33 |
| Bharti Airtel Ltd. | 2.09 |
| State Bank of India | 1.76 |
| Axis Bank Ltd. | 1.74 |
Performance Review of the Fund Manager of Baroda BNP Paribas Dividend Yield Fund?
1) Shiv Chanani
Education: Mr. Chanani is PGDM from IIM Bangalore, CFA from USA and ICSI .
Experience: Prior to joining Baroda BNP Paribas, he has worked with Elara Securities(India) Pvt. Ltd., E. Fund Management (HK) Co. Ltd., Sundaram Mutual Fund, ICICI Securities Ltd, Shivam Capstock Pvt Ltd and Nippon Life India Asset Management Ltd.
Past Performance of his Schemes
| Fund | Baroda BNP Paribas India Consumption Fund | It’s Benchmark | Baroda BNP Paribas Midcap Fund | It’s Benchmark |
| 1 Year | 40.40 | 38.97 | 50.51 | 58.06 |
| 3 Year | 20.92 | 20.27 | 22.03 | 27.16 |
| 5 Year | 23.25 | 22.50 | 28.05 | 32.43 |
| 7 Year | — | — | 17.45 | 20.62 |
| 10 Year | — | — | 18.61 | 21.52 |
As on 03-8-2024
Which Company Owns Baroda BNP Paribas Dividend Yield 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: https://mfs.kfintech.com/mfs/
Is it good to invest in Baroda BNP Paribas Dividend Yield NFO?
Guidance for Baroda BNP Paribas Dividend Yield Fund by Paresh Gordhandas, C.A., Research Analyst.
Dividend yield funds primarily invest in stocks of companies that pay high dividends. These funds provide a regular income stream through dividends, which can be attractive for investors looking for a steady cash flow, such as retirees or those seeking income to supplement other investments. The NFO space has not seen a Dividend Yield Fund being launched since the last many months. However, there are good existing Funds in this space which are generating good retuns. For example, the SBI Dividend Yield Fund (1 year return of 42.31%), HDFC Dividend Yield Fund (1 year return of 47.42%), ICICI Prudential Dividend Yield Fund (1 year return of 57.74%).
The Fund is being managed by Shiv Chanani who has good experience of Fund Management at different fund houses.
All the companies in such a fund would generally be companies of good standing and hence along with dividend payout, investor would also get benefit of capital appreciation over a long term period.
Can invest.
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