Baroda BNP Paribas India Consumption Fund Direct IDCW

Baroda BNP Paribas India Consumption Fund Direct IDCW is a Equity Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was made available to investors on 15 Apr 2004. Abhijeet Dey, Karthikraj Lakshmanan, Mayank Prakash is the Current Fund Manager of Baroda BNP Paribas India Consumption Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹8,768 Cr and the Latest NAV as of 26 Sep 2023 is ₹21.37. The Baroda BNP Paribas India Consumption Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months. ;

Investment Objective

The Scheme seeks to generate capital appreciation and provide long-term growth opportunities by investing in companies expected to benefit by providing products and services to the growing consumption needs of Indian consumers, which in turn is getting fuelled by high disposable income. The Scheme also seeks to generate income by investing in debt and money market securities. ;