Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying
    • Gold rates skyrocket to ₹1.32 Lakh/10g post Diwali; Here’s why ETFs are gaining popularity among investors right now
    • How to tap into the gold rally with ETFs
    • Aterian Raises New Funds to Support Mining Projects in Africa
    • Retirement funds vs property: Which is the better investment for your retirement?
    • BlackRock’s Tokenized ETFs Are Only The Beginning, CEO Says
    • Bonds rebound as government announces debt buyback
    • 3 Dividend-Paying ETFs to Double Down On Even if the S&P 500 Sells Off in October
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»Baroda BNP Paribas MF launches new dividend yield fund: Check details | Personal Finance
    Mutual Funds

    Baroda BNP Paribas MF launches new dividend yield fund: Check details | Personal Finance

    August 22, 2024


    3 min read Last Updated : Aug 22 2024 | 11:33 AM IST


    Baroda BNP Paribas Mutual Fund has launched a new scheme called Baroda BNP Paribas Dividend Yield Fund. The open-ended equity scheme will focus on dividend-yielding stocks, aiming to create wealth through both capital appreciation and dividend income.


     


    The fund will invest in companies that offer dividends and demonstrate consistent growth, said the company in a press statement. It will target businesses with predictable and stable cash flows, managed by teams that prioritise regular shareholder rewards.


     


    The investment approach involves a “rigorous” five-stage selection process to construct a market cap agnostic portfolio of reasonably priced companies, while actively avoiding potential dividend traps.


     


    “Dividend-paying companies tend to have a higher average return on equity than non-dividend-paying ones. In FY 2024, these dividend-paying companies had an average ROE [return on equity] of 20.5 per cent versus 13.4 per cent for non-dividend-paying companies,” said Suresh Soni, chief executive officer of Baroda BNP Paribas AMC.


     


    The fund’s features include a focus on companies with higher free cash flow, which often correlates with positive share price performance. It also looks for promoter alignment with minority shareholders, as evidenced by consistent dividend payments.


     


    Here are the  details about the BNP Paribas Dividend Yield Fund:


     


    Scheme name:  BNP Paribas Dividend Yield Fund. The new fund offer is scheduled to open from August 22 to September 5, 2024.


     


    Investment objective: The scheme aims to invest in companies with predictable and stable cash flows, led by managements that prioritise rewarding shareholders with regular dividends. The approach is to invest in growth companies that are also rewarding investors through regular dividends and buybacks.


     


    Type of scheme: An open-ended equity scheme


     


    Fund manager: Shiv Chanani will manage this new fund.


     


    Benchmark: The scheme will be benchmarked against Nifty 500 – TRI.


     


    Minimum application amount: The minimum investment amount is Rs 1,000 and in multiples of Re 1 thereafter. The minimum investment amount for daily, weekly, monthly SIP is Rs 500 and in multiples of Re 1 thereafter.


     


    Load structure: The exit load applicable will be nil, if units of the scheme are redeemed or switched out up to 10 per cent of the units within one year from the date of allotment. An exit load of 1 per cent will be applicable if units of the scheme are redeemed or switched out in excess of the limit within one year from the date of allotment. If units of scheme are redeemed or switched out after one year from the date of allotment, the exit load applicable will be nil.

    First Published: Aug 22 2024 | 11:33 AM IST



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying

    October 21, 2025

    Gold Stocks Are Supercharging This Forgotten Fund

    October 20, 2025

    PFI Asset Management launches 1st sponsored mutual fund PFI Cashi

    October 20, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    How to tap into the gold rally with ETFs

    October 20, 2025
    Don't Miss
    Mutual Funds

    3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying

    October 21, 2025

    Risk-loving investors, who give precedence to capital appreciation along with dividend payouts, may consider small-cap…

    Gold rates skyrocket to ₹1.32 Lakh/10g post Diwali; Here’s why ETFs are gaining popularity among investors right now

    October 21, 2025

    How to tap into the gold rally with ETFs

    October 20, 2025

    Aterian Raises New Funds to Support Mining Projects in Africa

    October 20, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    O’Neil Capital Management India launches ONeil India Quant Fund

    August 6, 2024

    Dipping Our Toes Into High-Yield (Part 1): Chimera And Its Baby Bonds (NYSE:CIM)

    October 10, 2025

    Stephen Lynch divests from multiple mutual funds, invests heavily in Vanguard Target Date 2025 By Investing.com

    August 8, 2024
    Our Picks

    3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying

    October 21, 2025

    Gold rates skyrocket to ₹1.32 Lakh/10g post Diwali; Here’s why ETFs are gaining popularity among investors right now

    October 21, 2025

    How to tap into the gold rally with ETFs

    October 20, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.