MUTUAL FUNDS
Baroda Pioneer Mutual Fund introduces Dynamic Equity Fund
Oct-22-2018

Baroda Pioneer Mutual Fund has launched the 'Baroda Dynamic Equity Fund', an open ended hybrid scheme. The NFO opens for subscription on October 22, 2018 and closes on November 02, 2018. No entry load and exit load will be Nil if units are redeemed up to 10% of the units, on or before one year from the date of allotment, exit load will be 1% of the applicable Net Asset Value (NAV) if units are redeemed over and above the 10% limit, on or before one year from the date of allotment, exit load will be nil if units are redeemed after one year from the date of allotment for the scheme.

The primary objective of the Scheme is to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation.

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