Home >> Blog >> Baroda BNP Paribas Dividend Yield Fund NFO: Review & NAV

Baroda BNP Paribas Dividend Yield Fund NFO: Review & NAV

Baroda BNP Paribas Dividend Yield Fund: Complete Overview
Baroda BNP Paribas Dividend Yield Fund NFO Details
Fund Overview
How To Invest In The NFO After The Closure Date?
The Objective of The Fund
Peers of Baroda BNP Paribas Dividend Yield Fund
Risk Factors In Such Funds
Past Performance of Large Cap & Mid Cap Funds
Baroda BNP Paribas Dividend Yield Fund NFO-Who Can Invest?
Baroda BNP Paribas Dividend Yield Fund-Growth Fund Managers:
Conclusion

Baroda BNP Paribas Dividend Yield Fund: Complete Overview

Baroda BNP Paribas Mutual Fund launched the Baroda BNP Paribas Dividend Yield Fund under its AMC Baroda BNP Paribas Asset Management India Private Limited. It is an open-ended scheme that invests in dividend-paying companies.

The NFO date is from August 22 to September 05, 2024, with an NFO price of Rs.1000 and in multiples of Rs.1 thereafter.Today at the Baroda BNP Paribas Dividend Yield Fund NFO blog, we're dedicated to providing you with useful information on this new NFO, including financial characteristics and prior performance if any.

Baroda BNP Paribas Dividend Yield Fund NFO Details

The scheme is suitable for investors who want to achieve long-term wealth gain by investing in the equity and equity-related instruments of dividend-yielding companies. The scheme is a very high-risk scheme. There is no assurance that the scheme's investment goal will be met. The scheme will invest 65-100% of its units in equity and equity-related instruments of dividend-yielding companies, 0-35% in equity and equity-related instruments of companies other than dividend-yielding, 0-35% in Debt & Money Market Instruments including fixed income derivatives, 0-10% in REITs & InVITs units, and 0-10% in Mutual funds units.

If you're an established participant or new to the world of New Fund Offer, you've come to the right place to learn about the latest trends, insights, and news of NFO Mutual Fund.

Click Here To Stay Updated With The Latest NFOs.

Fund Overview

The Baroda BNP Paribas Dividend Yield Fund NFO minimum subscription amount is Rs.1000 and in multiples of Rs.1 thereof.

Start Date	22 August 2024
End Date	05 September 2024
Allotment Date/Subscription Date/Re-open Date	Within 5 business days after the closure of the NFO.
VRO Rating	-
Expense Ratio	Nil
Exit Load	- 1%, if units are redeemed within 1 year. - Nil after a year.
AUM	Rs.39,957.24 crore (as of 30 Jun 2024).
Lock-in	NA
Stamp Duty	0.005% (From July 1st 2020)
Benchmark(s)	Nifty 500 TRI
Min. Investment	Rs.1000 and in multiples of Rs.1.
Risk	Very High
Short-Term Capital Gains (STCG)	For less than 1 year, a 20% tax is applicable.
Long-Term Capital Gains (LTCG)	For more than 1 year, a 12.50% Tax is applicable above the gain of Rs.1.25 lac.

How To Invest In The NFO After The Closure Date?

If you have missed participating in the NFO and now want to invest in the same Scheme on a continuous basis, within 5 business days after the closure of the NFO, when the Scheme will reopen; you will have the option to participate and invest directly in the Mutual Fund by spending at NAV based price by logging on to your Demat account and search for “Baroda BNP Paribas Dividend Yield Fund” or directly with the AMC or simply click the ‘Banner’ below.

The Objective of The Fund

The Scheme aims to offer long-term capital growth by primarily investing in the equity and equity-related securities of dividend yielding companies. Nevertheless, there can be no assurance or guarantee that the scheme's investment goals will be met.

Asset Allocation (% of Total Assets) of the Scheme's portfolio will be as follows:

Types of Instruments	Minimum Allocation (% of Total Assets)	Maximum Allocation (% of Total Assets)
Equity and equity-related instruments of dividend-yielding companies.	65	100
Equity and equity-related instruments of companies other than dividend yielding.	0	35
Debt & Money Market Instruments including fixed-income derivatives.	0	35
REITs & InVITs Units.	0	10
Mutual Funds units.	0	10

Peers of Baroda BNP Paribas Dividend Yield Fund

Scheme	1Y Return	AUM (Rs.) / Fund Size (Rs.)
UTI Dividend Yield Fund Regular Plan-Growth	54.62%	4,371.40 Cr.
ICICI Prudential Dividend Yield Equity Fund-Growth	55.83%	4,642.11 Cr.
LIC MF Dividend Yield Fund Regular - Growth	63.05%	330.46 Cr.

Since this scheme is a new scheme, hence no comparable data on its past performance against its peers is available.

Risk Factors In Such Funds

Equity and equity-related investments are speculative and subject to daily market changes.
Stock markets are required to list the Scheme's units. But there's no guarantee that a vibrant secondary market will emerge or continue to exist.
The scheme's success will be directly impacted by the Nifty 500 TRI's performance. Therefore, any modification in composition due to weighting or stock selection will affect the scheme.
Due to variables affecting the underlying assets, investments in REITs and InvITs are prone to daily price changes and are therefore considered volatile.

Past Performance of Large Cap & Mid Cap Funds

Large Cap & Mid Cap Funds	NAV (Rs.)	Annualised Return	Return / Risk
Sundaram Dividend Yield Fund-Direct Plan-Growth	155.60	48.6%	Very High Risk
Tata Dividend Yield Fund-Direct Plan-Growth	19.73	41.9%	Very High Risk
Aditya Birla Sun Life Dividend Yield Fund-Direct Plan-Growth	528.37	56.56%	Very High Risk

Baroda BNP Paribas Dividend Yield Fund NFO-Who Can Invest?

This Fund is ideal for those who want to achieve long-term wealth gain by investing in stock and equity-related instruments of dividend yielding companies.

Baroda BNP Paribas Dividend Yield Fund-Growth Fund Managers:

Mr. Shiv Chanani.
Mr. Miten Vora.

Conclusion

The Baroda BNP Paribas Dividend Yield Fund is appropriate for investors who are high risk-tolerant and aiming for capital maturity over a long horizon in an equity scheme that primarily invests in the stock and stock-related securities of dividend yeilding companies.

Always assess your Financial Goals, Risk tolerance, time horizons, etc. before making an investment decision.

Disclaimer: This NFO analysis is provided solely for informative reasons and should not be construed as investment advice. Always conduct research and talk with a financial advisor before investing.