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Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Flexi Cap Fund. The fund aims to identify investment opportunities across sectors and market capitalizations.
Sanjay Chawla, CIO – Equity, Baroda BNP Paribas MF will manage this scheme.
In a press release, Suresh Soni, CEO, Baroda BNP Paribas MF said, “Equity markets reflect this - the top performing companies, sectors as well as market caps keep changing as the economy and businesses evolve. Flexi cap funds can take exposure across market caps and sectors and thereby allow fund managers to optimise the portfolio based on the prevailing market conditions, valuations, and future growth prospects. This makes these funds an all-in-one equity solution, suitable for all market conditions and for a wide variety of investors.”
“The flexibility to seek opportunities across market caps and sectors could help the scheme to capitalise on their growth potential as well as manage risks through diversification. The scheme intends to identify companies that have strong business and economic fundamentals, reputed management and good long-term growth prospects,” said Sanjay.
