myplexus

NFO Monitor

Fund Fact

Name of Funds:

Baroda BNP Paribas Innovation

Opening:

14th February 2024

Closing:

28th February 2024

Minimum Investment:

Rs. 1,000 and in multiples of Rs. 1 thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if units are redeemed/ switched-out in excess of 10% of the units purchased within 1year from the date of allotment.

Fund Stats

Objective:

The investment objective of the scheme is to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related
instruments of companies focusing and benefitting from innovation.

Benchmark:

NIFTY 500

Fund Manager:

Pratish Krishnan, Miten Vora

Asset Allocation

80-100% Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

UTI Innovation Fund	1.23(1M)	3.14(3M)
ICICI Prudential Innovation Fund	19.53(3M)	27.08(6M)

Fund Prognosis

Idea Distiller

Great idea - Innovation!!! But….....

Fund House AAUM:
Rs 3317620.05 Lakhs(as on 31st December 2023)
Fund Manager:
Combined experience of above 23 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

The issue is the available companies with enough depth and liquidity. If you are a reasonable aggressive investor, go for it.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity of ARN: 14th May 2025 to 23rd May 2028