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Baroda Mutual Fund launches Baroda Money Market Fund

by News Team | Mutual Fund

NFO period: 13th June - 18th June, 2019

Highlights of the NFO:

  • Scheme type - An open ended debt scheme investing in money market instruments

  • Investment objective - The primary objective of the scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.

  • Product suitability - The product is suitable for investors who are seeking regular income over short term by investing in money market instruments having maturity upto 1 year.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan & Direct Plan having Growth Option and Dividend Option.

  • Fund Managers - Mr. Alok Sahoo & Mr. Karn Kumar

  • Benchmark - CRISIL Money Market Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)