Baroda Pioneer MF introduces Baroda Pioneer 367 Day FMP - Series 4

Baroda Pioneer Mutual Fund has announced the New Fund Offer (NFO) Baroda Pioneer 367 Day Fixed Maturity Plan - Series 4, a close ended debt scheme.

The NFO opens for subscription on May 10, 2012 and closes on May 16, 2012. The duration of the scheme is 367 days from the date of allotment of units. No entry and exit load charges is applicable for the scheme. The scheme offers dividend payout and growth option. 

Benchmark Index for the scheme is CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The fund manager for the scheme will be Alok Sahoo and Hetal Shah

The investment objective of the scheme is to generate regular returns by investing in a portfolio comprising of Debt Instruments and Money Market Instruments maturing on or before the maturity of the scheme.