Boroda BNP Paribas MF launched Energy Opportunity Fund – CNBC TV18

Boroda BNP Paribas MF launched Energy Opportunity Fund – CNBC TV18



Baroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Energy Appricoation Fund. The new fund offer (NFO) will be available for membership by February 4, 2025.

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Name of the scheme 1-year back Invest now Fund category expense ratio
Axis Nifty 50 Index Fund +32.80% Invest now Equity: Big Cap 0.12%
Axis Nifty 100 Index Fund +38.59% Invest now Equity: Big Cap 0.21%
Axis Nifty Next 50 Index Fund +71.83% Invest now Equity: Big Cap 0.25%
Axis Nifty 500 Index Fund , Invest now Equity: Flexi Cap 0.10%
Axis Nifty Midcap 50 Index Fund +46.03% Invest now Equity: Mid Cap 0.28%

The purpose of the fund is to redeem the development opportunities in the energy sector of India’s expansion. This will allocate at least 80% of its assets to the equity equipment of companies engaged in exploration, production, distribution and processing of energy.

It includes traditional sources such as coal, crude oil and gas, as well as renewal such as solar, wind and hydrogen.

Baroda BNP Pariba AMC CEO Suresh Soni highlighted India’s increase in estimated economic and energy demand. He said, “India’s GDP is expected to grow 1.9 times in the next five years, the demand for energy during this period is expected to increase 1.7 times,” he said.

The energy sector contributes significantly to the Nifty 500 index, which includes approximately one -third shares.

Sanjay Chawla, Chief Investment Officer – Equity and Fund Manager, for this scheme, said that Nifty Energy TRAI has historically shown an increase in rapid income compared to high dividend yields and comprehensive market, making it an attractive investment subject Has gone.

To reach the CNBC TV18 investment calculator for more insight and to reach various investment calculators.

This fund will provide risk in market capitalism, targeting India’s increasing energy consumption in homes, industries, agriculture and infrastructure.

The scheme has been deployed as a long -term opportunity to benefit from India’s developed energy landscape.

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