Baroda BNP Paribas Nifty SDL December 2026 Index NFO: Everything you need to know

10 Jan 2023 , 08:50 AM

Baroda BNP Paribas Mutual Fund is launching NFO under its “target maturity fund category”, named as Baroda BNP Paribas Nifty SDL December 2026 Index Fund. This open-ended fund will invest its 0 to 100% of assets in debt and money market instruments comprising of Nifty SDL December 2026 Index.

Investment strategy: It is a target maturity fund which will be passively managed and will track the Nifty SDL December 2026 Index. The fund would buy and hold the securities till maturity, in line with the maturity of the index. However, this would be subject to any selling to meet redemption requirements or re-balancing the portfolio.

Asset allocation: Baroda BNP Paribas Nifty SDL December 2026 Index Fund will hold an allocation of 0% to 100% of its assets in Debt Instruments & Money Market Instruments. Debt instruments with relatively high interest rate risk and relatively low credit risk.

Who should invest?

Investors with moderate risk appetite seeking regular income, in the long run should invest in the fund. Investors can gain from indexation benefits and limited incidence of taxation at the time of withdrawal, as there is no application of entry or exit load, supporting emergency withdrawals.

Risk associated: Moderate level of risk.

Benchmark: NIFTY SDL December 2026 Index Fund

Fund Managers: Mr Mayank Prakash.

The NFO is available for subscription from January 16 to January 23. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 5,000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Baroda BNP Paribas NIFTY SDL December 2026 Index Fund.