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Baroda BNP Paribas Mutual Fund has collected over Rs.1100 crore during the NFO of Baroda BNP Paribas Small Cap Fund.
This is the seventh NFO by Baroda BNP Paribas MF since the formation of merged entity in March 2022.
In a press release, Suresh Soni, CEO, Baroda BNP Paribas MF said, “The NFO has received wide participation from many investors and distribution partners across cities and towns. Small cap fund is a growing category, even though the existing category AUM is relatively modest at Rs 1.98 lakh crore. We believe our fund is an ideal option for investors for investors seeking long-term wealth creation through Indian equity market.”
The fund house manages AUM of Rs.31,260 crore as on Sept 23.
