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Baroda Asset Management Company Limited has launched a new fund offer – Baroda Business Cycle Fund. The fund is open for subscription between August 24, 2021, to September 06, 2021.

Read on to find out more about the NFO. 

Investment Objective

The Baroda Business Cycle Fund aims to generate long-term capital appreciation for investors by investing in shares of companies by focussing on business cycles in the economy.  However, there is no assurance that the investment objective will be achieved.  

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  • Enjoy 0% commission
  • SIP starting at ₹500

Indicative Asset Allocation

Types of Instruments  Indicative allocation (% of total assets)  Risk Profile
Minimum Maximum
Equity and equity-related instruments selected based on business cycles* 80% 100% High
Other equity and equity-related instruments* 0% 20% Low to Medium 
Overseas equity and equity-related instruments, including ADR, GDR, or any other type of securities  0% 20% High
Units issued by REITs & InvITs 0% 10% Medium to High
Debt/Money Market instruments including units of Debt oriented Mutual funds as may be permissible from time to time# 0% 20% Low to Medium 

*including derivatives to the extent of 50% of the net assets of the scheme. 

#Investment in securitized debt will not exceed 10% of the net assets of the Scheme. The scheme will not invest in foreign securitized debt.

Fund Details

Scheme name Baroda Business Cycle Fund  
Type of scheme Baroda Business Cycle Fund is an open-ended equity scheme following the Business Cycles theme.
NFO Dates August 24, 2021 – Sept 6, 2021
Fund Managers Mr. Sanjay Chawla (Chief Investment Officer), Mr. Abul Fateh (Senior Equity Analyst and Fund Manager) and  Mr. Pratish Krishnan {( Senior Equity Analyst and Fund Manager ) (Dedicated fund manager for overseas investments)}
Benchmark BSE 500 TRI
Minimum Amount for Application during NFO Rs. 5,000/- and in multiples of Re. 1/- thereafter per application during the NFO period. 
Minimum Additional Purchase Amount Rs 1,000/- and in multiples of Rs 1/- after that with no upper limit.
Minimum Redemption/Switch-Out Amount No minimum amount for redemption.
Load a) Entry Load: N.A

b) Exit Load: 

(i) Redemption/ switch out of units up to 10% of the units allotted before 1 year from the date of allotment: NIL 

(ii) If units are redeemed over and above the 10% limit, before 1 year from the date of allotment: 1.00% of applicable NAV. 

(iii) For redemption/switch out of units after 1 year from the date of allotment : NIL.

Plans Direct and Regular
Options Growth 

Income Distribution Cum Capital Withdrawal Option (ICDW)

Minimum SIP Amount Rs. 500 /- and in multiples of Re. 1/- thereafter per installment.

Benchmark

BSE 500 TRI

BSE 500 represents the top 500 companies based on full market capitalization from the eligible universe.

A Total Return Index reflects the returns on the index arising from: 

(a) Listed stock price movements and 

(b) Dividend receipts from those stocks.

Fund Managers

Mr. Sanjay Chawla

Mr. Sanjay Chawla has experience of over 30 years in fund management, equity research and management consultancy. In the past, he has worked with Birla Sun Life AMC as Sr. Fund Manager-Equity, as Head of Research with SBI Capital Markets and in various capacities in the equity research space in Motilal Oswal Securities, IDBI Capital Markets, SMIFS Securities, IIT Invest Trust & Lloyds Securities.

Other funds managed/co-managed by him are:

  • Baroda ELSS’96 Fund 
  • Baroda Banking and Financial Services Fund 
  • Baroda Hybrid Equity Fund
  • Baroda Dynamic Equity Fund 
  • Baroda Conservative Hybrid Fund 
  • Baroda Multi Cap Fund 
  • Baroda Large Cap Fund
  • Baroda Large and Mid-Cap Fund 
  • Baroda Mid-cap Fund

Mr. Abul Fateh (Senior Equity Analyst and Fund Manager)

Mr. Abul Fateh has 15 years of experience in Equity Analysis. Before joining Baroda AMC, he has worked with Geecee Investments as Senior Equity Analyst, with L&T Mutual Fund as Deputy Manager, Investments and with Parag Parikh Financial Services as an Equity Analyst.

Dedicated fund manager for overseas investments

  • Baroda Equity Savings Fund 

Mr. Pratish Krishnan (Fund Manager & Senior Analyst) (Dedicated fund manager for overseas investments)

Mr. Pratish Krishnan has over 15 years of experience in equity research. He has worked with Antique Finance and Bank of America Merrill Lynch as a sell-side analyst.

Other funds managed/co-managed by him are:

  • Baroda Equity Savings Fund

Dedicated Fund Manager for overseas investments for the below funds : 

  • Baroda Banking & Financial Services Fund
  • Baroda Conservative Hybrid Fund
  • Baroda Credit Risk Fund
  • Baroda Dynamic Bond Fund
  • Baroda Dynamic Equity Fund
  • Baroda Gilt Fund
  • Baroda Hybrid Equity Fund
  • Baroda Large Cap Fund
  • Baroda Large & Midcap Fund
  • Baroda Midcap Fund
  • Baroda Short Term Bond Fund
  • Baroda Treasury Advantage Fund
  • Baroda Ultra Short Duration Fund
  • Baroda Banking & PSU Bond Fund

 

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Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.