Baroda Pioneer PSU Equity Fund : NFO

by khalid on 23/09/2010 · 0 comments

Baroda Pioneer Mutual Fund has launched a New Fund Offer (NFO) named as Baroda Pioneer PSU Equity Fund. This is an open ended groath fund . The objective of the fund is to provide investor with opportunities for long term growth in capital along with the liquidity through an active management of investments in a diversified basket of euity stocks of domestic Public Sector Undertakings. If you are looking for an opportunity to own pubic sector undertakings (PSUs) due to their long-term growth prospects and strong balance sheets, can look at investing in Baroda Pioneer PSU Equity Mutual Fund.

The fund seeks to collect a minimum subscription amount of Rs 1 crore under the scheme during the NFO period. Mr. Dipak Acharya is the Fund Manager of the plan. The fund manager will invest in shares of PSUs across sectors and market capitalisations, with not more than 10% in any single company. The total portfolio will consist of around 30-35 PSU stocks.

Entry Load : NIL
Exit Load : 1.00% if redeemed on or before 365 days from the date of allotment of units. NIL if redeemed after 365 days from the date of allotment.

Fund NameBaroda Pioneer Mutual Fund
Scheme Name Baroda Pioneer PSU Equity Fund
Scheme CategoryOpen Ended (Groath)
NFO Launch Date13th Sep 2010
NFO Closure Date24th Sep 2010
NFO Price (Rs) 10
Min. Subscription Amount(Rs) 5000

For Further Details Please Visit Website : www.barodapioneer.in

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