Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|Baroda Mid-Cap Fund - Plan A (G)||8.66||[2.59]||0||0||6.91||0|
|Baroda Banking&Fin Serv Fund - Plan A (G)||24.09||[1.63]||0||0||24.95||0|
|Baroda Multi Cap Fund - Plan A (G)||97.62||[0.55]||0||0||12.57||0|
|Baroda Hybrid Equity Fund-Plan A (G)||54.25||[0.26]||0||0||6.10||0|
|Baroda ELSS '96 - Plan A (Bonus)||43.76||[0.11]||0||0||9.51||0|
501 TITANIUM, 5TH FLOOR,
WESTERN EXPRESS HIGHWAY,
GOREGAON (E), MUMBAI - 400063.
Off C.G Road,Ahmedabad-380006
|Phone : +91 22 6848 1000||Phone : 079-26400527/528|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.barodamf.com||Website : www.barodapioneer.in|
Baroda Pioneer Mutual Fund
Baroda Pioneer Asset Management Company Limited was formed as a wholly owned subsidiary of Bank of Baroda in 1995 with the key focus of managing the assets of Baroda Pioneer Mutual Fund.
Bank of Baroda entered into an agreement on 5 October, 2007 with Pioneer Investments (Pioneer Global Asset Management SpA), a global asset manager with 80 years of experience and assets under management of just under € 187.86 billion (as on September 30, 2008).Consequent to the agreement and necessary regulatory approvals, Pioneer Investments has acquired a stake of 51% in Baroda Pioneer Asset Management Company. The Fund and the AMC are being renamed as Baroda Pioneer Mutual Fund and Baroda Pioneer Asset Management Company Limited.
The Fund currently manages five equity funds, one balanced fund, three debt funds and one liquid fund.
Sponsor: Pioneer Global Asset Management S.p.A. and Bank of Baroda
Trustee: Board of Trustees
Investment Manager: Baroda Pioneer Asset Management Company LimitedStatutory Details: Baroda Pioneer Mutual Fund (Formerly known as BOB Mutual Fund), being a Trust registered under the Indian Trusts Act and registered with SEBI under the SEBI (MF) Regulations, vide registration number MF/018/94/2. The Fund received endorsement for the change of its name from BOB Mutual Fund to Baroda Pioneer Mutual Fund vide SEBI letter no. IMD/RB/134922/08, dated August 12, 2008.
capital market/10:45, Jun 10, 2019
With effect from 06 June 2019
India Infoline News Service/10:50, Oct 27, 2017
Balance funds are a mix of stocks and bonds which reflects a moderate approach. The primary goal of balanced funds is to create regular and stable income by investing in debt securities and invest a portion in equity for capital appreciation.
Daily chart analysis indicates that Nifty FMCG index is on the verge of an Inverse Head and Shoulder pattern breakout. A close above the 25270 mark will confirm the same.
With strength in Oil & gas and pharma sector, the decline in Nifty has got arrested while broader index like CNX 500 is yet to confirm a bottom (though the selling pressure has stopped). Hence the composition of Nifty turns out to be better in assisting quick recovery and we feel that the stage is set for the key indices to surge higher towards 8,400.
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
Growth will come back and people will take time to adjust, which is why we will spend the next 1-1.5 years in a consolidation phase....