Baroda Pioneer Mutual Fund files offer document for its Baroda Pioneer Equity Opportunities Fund
Baroda Pioneer Mutual Fund has filed a draft offer document with SEBI for its open ended equity scheme called Baroda Pioneer Equity Opportunities Fund.
The scheme aims at providing capital appreciation by investing in a well-diversified portfolio of equity and equity related securities.
The scheme has an exit load of 1% if redeemed on or before 12 months from the date of allotment of units and nil if redeemed after 12 months from the date of allotment of units. The benchmark of the scheme is CNX Nifty Junior Index.
The fund will be managed by Dipak Acharya.