Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    Baroda BNP Paribas Innovation
  • Opening:
    14th February 2024
  • Closing:
    28th February 2024
  • Scheme Type:
    Open Ended Equity Sectoral/ Thematic
  • Minimum Investment:
    Rs. 1,000 and in multiples of Rs. 1 thereafter.
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Not Applicable
  • Exit Road:
    1% of NAV if units are redeemed/ switched-out in excess of 10% of the units purchased within 1year from the date of allotment.
  • Thereafter:
    Nil

Fund Stats

Objective

The investment objective of the scheme is to seek long term capital appreciation by investing at least 80% of its net assets in equity/equity related
instruments of companies focusing and benefitting from innovation.

  • Benchmark:

  • NIFTY 500

  • Fund Manager:

  • Pratish Krishnan, Miten Vora

Asset Allocation

80-100% Equity
upto 20% Money Market
Comparable existing schemes
UTI Innovation Fund 1.23(1M) 3.14(3M)
ICICI Prudential Innovation Fund 19.53(3M) 27.08(6M)

Fund Prognosis

Idea Distiller

Great idea - Innovation!!! But….....

  • Fund House AAUM:

  • Rs 3317620.05 Lakhs(as on 31st December 2023)

  • Fund Manager:

  • Combined experience of above 23 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

The issue is the available companies with enough depth and liquidity. If you are a reasonable aggressive investor, go for it.