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Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Value Fund, an open-ended equity scheme following a value investment strategy. The fund aims at creating wealth for long-term investors.
Shiv Chanani, Senior Fund Manager, who has over 21 years of experience will manage the fund.
The fund aims to identify mispriced opportunities between the intrinsic value and the prevailing market price.
In a press release, Suresh Soni, CEO, Baroda BNP Paribas Mutual Funds said, “These opportunities can be across stocks, sectors and market caps. To manage risk, we have a robust margin of safety framework: Margin of safety in balance sheet, in earnings and in valuation.”