Baroda BNP Paribas Dividend Yield Fund Review – Baroda BNP Paribas Dividend Yield Fund Direct NFO Open on 21 August 2024 and Close on 03 Sept 2024. Baroda BNP Paribas Dividend Yield Fund Direct NFO Allotment Date is 06 September 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹1,000. The Minimum SIP Investment Amount is 100.
Type of the Scheme
An open-ended equity scheme predominantly investing in dividend yielding stocks.
Scheme Benchmark : Nifty 500 TRI – Justification for use of benchmark: We believe the index is a fair representation of the portfolio holdings and universe of investment for the Scheme.
Baroda BNP Paribas Dividend Yield Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. 6.38 | 6.38 |
| Reliance Industries Ltd. 5.34 | 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 |
Baroda BNP Paribas Dividend Yield Fund Nfo Important Date
| Scheme Offer | Baroda BNP Paribas Dividend Yield Fund (BBNPPDYF) |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 21 Aug 2024 |
| Close Date | 03 Sept 2024 |
| Allotment Date | 06 Sep 2024 |
| Category | Equity Scheme Dividend Yield Fund |
| Min Inv ₹ | 1,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty 500 TRI |
Investment Objective of the Scheme ?
The investment objective is 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.
Baroda BNP Paribas Dividend Yield Fund Nfo Other Details
| Exit Load | 0.25% |
|---|---|
| Exit Load Details | Exit load of 0.25%, if redeemed within 15 days. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 1,000 |
| Min. SIP | Rs. 100 |
Baroda BNP Paribas Dividend Yield Fund Review Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity and Equity related instruments of Dividend Yielding companies | 65 | 100 |
| Equity and Equity related instruments of any other company other than above | 0 | 35 |
| Units issued by REITs & INVITs | 0 | 10 |
| Debt & Money Market instruments and Fixed Income Derivatives | 0 | 35 |
| Units of Mutual Funds | 0 | 10 |
Manager Manage the Scheme?
Fund Manger : Mr. Shiv Chanani
Qualification : PGDBM (IIM – B), CFA Charter holder
Experience : Shiv Chanani has an overall experience of more than 24 years. His last stint was with Elara Securities (India) Private Limited as Head Equity Research & Strategy. Prior to that he has worked with E Fund Management (HK) Co. Ltd and Nippon Life India Asset Management Limited (formerlyknown as Reliance Capital Asset Management).
Fund Manger : Mr. Miten Vora
Qualification : PGDM – specialization in Finance, ICFAI Hyderabad, B.Com
Experience : Mr. Miten Vora has an overall experience of more than 14 years. Prior to this, he has worked with Canara HSBC Oriental Life Insurance, BNP Paribas Asset Management India Private Limited, IDBI Asset Management Company and Antique Stock Broking Limited. Mr. Vora has done his PGDM in Finance from Institute of Chartered Financial Analysts of India, Hyderabad.
Baroda BNP Paribas Dividend Yield Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 27.58 |
| Information Technology | 9.57 |
| Oil, Gas & Consumable Fuels | 8.77 |
| Automobile and Auto Components | 7.65 |
| Fast Moving Consumer Goods | 7.16 |
| Capital Goods | 5.89 |
| Healthcare | 5.67 |
| Power | 3.86 |
| Metals & Mining | 3.46 |
| Consumer Services | 3.28 |
| Consumer Durables | 3.08 |
| Construction | 3.06 |
| Telecommunication | 2.80 |
| Chemicals | 2.17 |
| Construction Materials | 2.09 |
| Services | 1.80 |
| Realty | 1.33 |
| Textiles | 0.30 |
| Media, Entertainment & Publication | 0.22 |
| Diversified | 0.17 |
| Forest Materials | 0.08 |
Baroda BNP Paribas Dividend Yield Fund Review Index Return
| Index Return | 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 |
Where Will the Scheme Invest ?
- Equity and equity related securities are such instruments like Convertible bonds and debentures, Preference shares and warrants carrying the right to obtain equity shares and
derivative instruments. - ADRs/ GDRs issued by Indian companies, subject to guidelines issued by RBI/ SEBI.
- Foreign securities (including ADRs/GDRs) /Overseas ETFs in accordance with SEBI Guidelines.
- Units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InVITs)
- Money market instruments permitted by SEBI/RBI
- Open-ended Liquid Schemes registered with SEBI or schemes that invest predominantly in money market instruments / securities.
- Commercial Paper (CP), Certificate of Deposits (CD), Treasury Bills, Bills Rediscounting, Triparty Repo on government securities or T-bills / Reverse Repo
- Corporate Bonds include all debt instruments issued by entities such as Banks, Public Sector
Undertakings, Government Agencies and other Statutory Bodies, Municipal Corporations, bodycorporate, companies, trusts/ Special Purpose Vehicles etc and would exclude investments in Government Securities issued by Central and State Government. - Investment in Government securities issued by Central and/or State Government to the extent of SEBI prescribed limits.
- Securities issued by any government agencies, quasi-government or statutory bodies, Public Sector Undertakings, which may or may not be guaranteed or supported by the Central Government or any state government (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
- Non-convertible securities as well as nonconvertible portion of convertible securities, such as debentures, coupon bearing bonds, zero coupon bonds, deep discount bonds, Mibor-linked or other floating rate instruments, premium notes and other debt securities or obligations of public sector undertakings, banks, financial institutions, corporations, companies and other bodies corporate as may be permitted by SEBI/ RBI from time to time.
- Securitized debt, pass through obligations, various types of securitization issuances including but not limited to Asset Backed Securitization, Mortgage-Backed Securitization, single loan securitization and other domestic securitization instruments, as may be permitted by SEBI/ RBI
from time to time. - Deposits with banks and other bodies corporate as may be permitted by SEBI from time to time.
- Any other debt and money market instruments that may be available from time to time Mutual Funds from time to time. Investments in Tri-Party Repo on Government Securities or T-bills would be as per the RBI circular dated July 24, 2018.
- Mutual fund scheme shall not invest in unlisted debt instruments including commercial papers (CPs), other than (a) government securities, (b) other money market instruments.
- per Para 12.26.1 of SEBI Master Circular dated June 27, 2024.
- Debt instruments includes instruments having Structured Obligations as per SEBI guidelines.
- The schemes may also enter into repurchase and reverse repurchase obligations in all securities held by them as per the guidelines and regulations applicable to such transactions.
- Any other permitted overseas securities/ instruments that may be available from time to time. The scheme shall not invest in foreign securitized debts. Investment in Foreign Securities shall be in accordance with the guidelines issued by SEBI from time to time.
- Any other instruments / securities, which in the opinion of the fund manager would suit the investment objective of the scheme subject to compliance with extant Regulations.
All investment restrictions stated above shall be applicable at the time of making an investment.
Also Read: Bandhan BSE Healthcare Index Fund
Baroda BNP Paribas Dividend Yield Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
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