| Baroda Mutual Fund | |
| Scheme Name | Baroda Equity Savings Fund |
| Objective of Scheme | The primary objective of the Scheme is to generate capital appreciation and income by using arbitrage opportunities, investment in equity/equity related instruments and debt/ money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized. |
| Scheme Type | Open Ended |
| Scheme Category | Hybrid Scheme – Equity Savings |
| New Fund Launch Date | 04-Jul-2019 |
| New Fund Offer Closure Date | 16-Jul-2019 |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | www.barodamf.com |
Source from: www.amfiindia.com
Mutual Funds Based on Asset Class
Debt Funds: These are funds that invest in debt instruments e.g. Company debentures, government bonds and other fixed income assets. They are considered safe investments and provide fixed returns. These funds do not deduct tax at source so if the earning from the investment is more than Rs. 10,000 then the investor is liable to pay the tax on it himself.
Equity Fund or Stock Fund: is a fund that invests in stocks, also called equity securities.Stock funds can be contrasted with bond funds and money funds. Fund assets are typically mainly in stock, with some amount of cash, which is generally quite small, as opposed to bonds, notes, or other securities. This may be a mutual fund or exchange-traded fund. The objective of an equity fund is long-term growth through capital gains, although historically dividends have also been an important source of total return. Specific equity funds may focus on a certain sector of the market or may be geared toward a certain level of risk.Mutual Funds Based on Structure.
Hybrid Fund: is an investment fund that is characterized by diversification among two or more asset classes. These funds typically invest in a mix of stocks and bonds. They may also be known as asset allocation funds.
Types of Mutual Funds based on structure
Open-Ended Funds: These are funds in which units are open for purchase or redemption through the year. All purchases/redemption of these fund units are done at prevailing NAVs. Basically these funds will allow investors to keep invest as long as they want. There are no limits on how much can be invested in the fund. They also tend to be actively managed which means that there is a fund manager who picks the places where investments will be made. These funds also charge a fee which can be higher than passively managed funds because of the active management. They are an ideal investment for those who want investment along with liquidity because they are not bound to any specific maturity periods. Which means that investors can withdraw their funds at any time they want thus giving them the liquidity they need.
