Baroda Asset Management India Limited
Baroda Asset Management India Limited is a completely owned subsidiary of Bank of Baroda and an investment manager to the ‘Baroda Mutual Fund’. It was founded in November 2008, with a vision to cater to the various asset management needs of investors in India through a range of debt, equity, and money market offerings. With the prime objective of enhancing the overall experience of the investors, the Baroda Asset Management India Limited is working towards:
- Amplifying the already existing range of products to provide a much wider choice suited to diverse needs and risk profiles of the investors.
- Offering consistent investment performance with the help of sound investment management.
- Through the vast branch network of Bank of Baroda, the number of access points for investors is increased significantly.
- Incorporating high levels of compliance and corporate governance.
- Introducing innovative and useful service features on a regular
- Making customer service prompt and effective for the investors.
The several funds offered by the Baroda Asset Management India Limited are as follows:
Equity Funds
1. Baroda Mid-Cap Fund
Objective
The Baroda Mid-Cap Fund is an open-ended equity fund that was introduced on the 4th October 2010, with the main objective to generate capital growth through investment in growth-oriented equity and equity-related schemes with mid-cap stocks. However, there is no guarantee that this objective of the scheme would be fulfilled.
The Baroda Mid-Cap fund offers:
- Growth option
- Dividend Option
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Long term growth of capital
- Investing money in equity and related schemes.
Plans
There are two plans under this scheme, which are Plan A and Plan B.
Plan A is suitable for the investors who carry out their investments through distributors only, whereas Plan B is suitable for direct investments, in which the investors who purchase the units of the Scheme directly with the Fund and not through a Distributor.
Both the plans are designed with the same portfolio; the only difference is that Plan B is less expensive because of the amount saved on commission and brokerage. Hence the NAVs of both the plans would be distinct.
2. Baroda Large-Cap Fund
Objective
The Baroda Mid-Cap Fund is an open-ended equity fund that was introduced on the 22nd June 2010, with the main objective to generate capital growth through investment in growth-oriented equity and equity-related schemes of large-cap firms. Also, the investment can be made into the money market and debt instruments. However, there is no guarantee that this objective of the scheme would be fulfilled.
The Baroda Large-Cap fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Long term growth of capital
- Investing money in equity and related schemes in diversified sectors
3. Baroda ELSS 96
Objective
The Baroda Mid-Cap Fund is an open-ended equity linked fund that was introduced on the 2nd March 2015, which has a mandatory lock-in period of 3 years along with the tax benefit. The primary objective of this fund is to save money in tax while growing it through the equity funds.
The Baroda Large-Cap fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.500
This fund is perfect for investors who want:
- Long term growth of capital
- Investing money in equity and equity related schemes, along with tax benefit under section 80C (subject to eligibility)
- Higher returns in line with inflation.
4. Baroda Multi-Cap Fund
Objective
The Baroda Multi-Cap Fund is an open-ended equity fund that was introduced on the 12th September 2003, which deals in investment in small, mid as well as large-cap stocks. The primary objective of Baroda multi-cap fund is long term growth of the investment through investing in equity and equity related schemes.
The Baroda Multi-Cap fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Long term growth of capital
- Investing money in equity and related schemes.
- Flexibility across market segments
5. Baroda Hybrid Equity Fund
Objective
The Baroda Hybrid equity Fund is an open-ended hybrid fund that was introduced on the 12th of September 2003. The primary objective of the Baroda Hybrid Fund is long term capital growth as well as the current income by investing capital in money market securities, debt, and equity, along with the distribution of dividend as well as income generation.
The Baroda Hybrid fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Long term growth of capital and income
- Investing money in equity and equity related schemes, along with money market securities and debt instruments.
- Dividend distribution and income generation
6. Baroda Banking and Financial Services Fund
Objective
The Baroda Banking and Financial Services Fund is an open-ended equity fund that was introduced on the 22nd June 2012, which deals in investment in the Banking and Financial Services Sector. The primary objective of Baroda banking and financial services fund is long term growth of the investment for the unit holders by investing in equity and equity related schemes of the firms engaged in Financial and Banking sector.
The Baroda Banking and Financial Services fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Long term growth of capital
- Investing money in equity and related schemes of growth-oriented mid-cap stocks.
- Investors should always consult their fund managers in case of any doubt.
Debt Funds
1. Baroda Short Term Bond Fund
Objective
The Baroda Short Term Fund is an open-ended short-term debt fund that was introduced on the 30th June 2010, which majorly deals with investments with Macaulay duration between 1 to 3 years. The primary objective of this fund is to generate an income by investing in a number of debt instruments and money market securities with short term maturity in order to provide reasonable returns.
The Baroda Short Term Bond fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Consistent Returns in Short Term with the convenience of liquidity.
- Investing money in a basket of short term money market and debt instruments.
- Higher Liquidity
- Higher Safety of Capital
2. Baroda Treasury Advantage Fund
Objective
The Baroda Treasury Advantage Fund is an open-ended low duration debt fund that was introduced on the 23rd June 2009, which majorly deals with investments with Macaulay duration between 6 to 12 months. The primary objective of this fund is to generate an income by investing in a number of debt instruments and money market securities with short term maturity in order to provide reasonable returns.
The Baroda Treasury Advantage fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Regular Income over short-term
- Investing money in mainly the short term debt market and money market instruments.
3. Baroda Gilt Fund
Objective
The Baroda Gilt Fund is an open-ended debt fund that was introduced on the 21st March 2002, which majorly deals with investments in the government securities across maturity. The primary objective of this fund is to generate an income by investing in a portfolio of government-related securities.
The Baroda Gilt fund offers:
- Growth option
- Dividend Option (Payout and Reinvestment)
- Minimum Investment Amount: Rs.1000
This fund is perfect for investors who want:
- Regular Income and capital growth over the medium term along with liquidity
- Investing money in debt, money market instruments, equity, and equity related instruments.
4. Baroda Conservative Hybrid Fund
Objective
The Baroda Conservative Hybrid Fund is an open-ended hybrid fund that was introduced on the 8th September 2004, which majorly deals with investments in the debt schemes. The primary objective of this fund is to generate a regular and consistent income by investing money market and debt schemes, along with an investment in equity and equity related schemes to earn long-term capital growth.
The Baroda Conservative Hybrid fund offers:
- Growth option
- Monthly Dividend
- Quarterly Dividend
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Regular Income and capital growth over the medium term along with liquidity
- Investing money in debt, money market instruments, equity, and equity related instruments.
Liquid Funds
1. Baroda Liquid Fund
Objective
The Baroda Liquid Fund is an open-ended liquid scheme that was introduced on the 5th February 2009. The primary objective of this fund is to generate income by investing money market and debt schemes along with a high level of liquidity.
The Baroda Liquid fund offers:
- Growth option
- Daily Dividend
- Weekly Dividend
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Regular Income over short term along with a high level of liquidity
- Investing money mainly in money market instruments.
2. Baroda Money Market Fund
Objective
The Baroda Money Market Fund is an open-ended debt scheme that is used to generate income with higher liquidity by investing in various debt and money market securities. The primary objective of this fund is to earn moderate returns along with low risk while providing a high level of liquidity, through investments made in money market instruments.
The Baroda Money Market fund offers:
- Growth option
- Weekly Dividend
- Monthly Dividend
- Minimum Investment Amount: Rs.5000
This fund is perfect for investors who want:
- Regular Income over short term along with a high level of liquidity
- Investing money mainly in money market instruments.