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Baroda BNP Paribas Mutual Fund has collected Rs.1200 crore through NFO of BNP Paribas Multi Asset Fund.
In a press release, Suresh Soni, CEO, Baroda BNP Paribas MF said, “The NFO has received wide participation from our investors and distribution partners across cities and towns. This comes on the back of the overwhelming response we received for our flexi cap fund a few months ago. Multi Asset Fund is a growing category, even though the existing category AUM is relatively modest at Rs 22,361 crore (As on 30th Nov 2022, Source). We believe, Baroda BNP Paribas Multi Asset fund is a suitable investment option for investors, looking for long term wealth creation and at the same time want to cushion their investments from volatile market situations.”
The fund was open for subscription till December 12. The fund invests in a mix of equity, fixed income and gold ETF.
