Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Review – Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Review Direct NFO Open on 25 September 2024 and Close on 09 Oct 2024. Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Direct NFO Allotment Date is 15 October 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 ₹500.
Type of the Scheme
An open-ended scheme replicating / tracking the Nifty200 Momentum 30 Total Returns Index.
Scheme Benchmark : Nifty200 Momentum 30 Total Returns Index – Justification for use of benchmark: The Scheme seeks to track/replicate the performance of the Nifty200 Momentum 30 Total Returns Index by investing in the constituents of this index. Therefore, the composition of this index makes it most suited to compare the performance of the Scheme. The aforesaid Benchmark is the Tier 1 benchmark Index basis the category of the scheme and in line with the list of benchmark as notified by AMFI.
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| Trent Ltd. | 6.32 |
| Tata Motors Ltd. | 5.49 |
| NTPC Ltd. | 5.44 |
| Bajaj Auto Ltd. | 5.32 |
| Bharti Airtel Ltd. | 5.30 |
| Coal India Ltd. | 4.86 |
| Adani Ports and Special Economic Zone Ltd. | 4.80 |
| Bharat Electronics Ltd. | 4.56 |
| REC Ltd. | 4.55 |
| Mahindra & Mahindra Ltd. | 4.55 |
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Important Date
| Scheme Offer | Baroda BNP Paribas Nifty200 Momentum 30 Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 25 Sep 2024 |
| Close Date | 09 Oct 2024 |
| Allotment Date | 15 Oct 2024 |
| Category | Index Fund |
| Min Inv ₹ | 1,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty200 Momentum 30 Total Returns Index |
Investment Objective of the Scheme ?
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty200 Momentum 30 Total Returns Index before expenses, subject to tracking errors, fees, and expenses. However, there is no assurance that the objective of the Scheme will be achieved.
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Other Details
| Exit Load | 0.2% |
|---|---|
| Exit Load Details | Exit load of 0.2%, if redeemed within 7 days. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 1,000 |
| Min. SIP | Rs. 500 |
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity and Equity related securities of companies constituting Nifty200 Momentum 30 Total Returns Index | 95% | 100% |
| Money Market Instruments & Units of Liquid scheme & Cash & Cash equivalents etc | 0% | 5% |
Manager Manage the Scheme?
Fund Manger : Mr. Neeraj Saxena
Qualification : PGDBA Finance from Welingkars Institute, M. Sc. (Organic Chemistry)
Experience : Mr. Neeraj Saxena, is currently employed with Baroda BNP Paribas Asset Management India Private Limited with rich experience of 20 years in the Indian financial services
industry, handles the responsibility of being the Fund Manager & Dealer in equity domain for Baroda BNP Paribas AMC. Prior to joining BBNPP AMC, Mr. Saxena was the Assistant Vice President – Institutional Equity Sales at Stratcap Securities. He has also held notable positions like Head – Communication Cell at Karvy Stock Broking and Senior Investment Advisor at Iden Investment Advisor.
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Automobile and Auto Components | 23.62 |
| Capital Goods | 20.92 |
| Financial Services | 10.58 |
| Power | 8.97 |
| Telecommunication | 7.28 |
| Consumer Services | 6.32 |
| Oil, Gas & Consumable Fuels | 4.86 |
| Services | 4.80 |
| Metals & Mining | 4.19 |
| Healthcare | 3.70 |
| Consumer Durables | 2.89 |
| Information Technology | 1.15 |
| Realty | 0.71 |
Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 5.11 | 35.65 | 67.04 | 29.26 | 20.44 |
| Total Return | 5.51 | 36.91 | 68.91 | 30.53 | 21.79 |
Where Will the Scheme Invest ?
- Equity and equity related instruments including equity and index derivatives.
- Money market instruments permitted by SEBI/RBI, having maturities of up to one year or in alternative investment for the call money market as may be provided by the RBI to meet the liquidity requirements.
- Units of Liquid Schemes.
- Certificate of Deposits (CDs), Commercial Paper (CPs).
- Securities created and issued by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
- Securities guaranteed by the Central and State Governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
- Any other domestic fixed income securities as permitted by SEBI/ RBI from time to time (subject to the required approval if any).
- Tri-Party Repo or repo or any alternative investment as may be provided by RBI.
- 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.
Also Read: Mirae Asset Nifty PSU Bank ETF Review
Baroda BNP Paribas Nifty200 Momentum 30 Index 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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