NFO: Baroda Pioneer Banking & Financial Services Fund

Baroda Pioneer Banking & Financial Services Fund is a NFO (new fund offering) launched by Baroda Pioneer Mutual Fund. The new fund offer has opened for subscription on June 1 &  will close on June 15, 2012. The scheme will reopen for sale and repurchase not later than June 29, 2012.

Fund Manager..!

Mr. Dipak Acharya is the fund manager, and he has been with the organisation for the last 7 years. In fact, he is the fund manager for all the equity schemes of Baroda Pioneer Mutual Fund such as Baroda Pioneer Growth Fund, Baroda Pioneer ELSS 96, Baroda Pioneer Infrastructure Fund &  Baroda Pioneer PSU Equity Fund.

Investment Objective..!The investment objective of the Baroda Pioneer Banking & Financial Services Fund is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity & equity-related securities of companies engaged in the banking and financial services sector.

The scheme will mostly invest in large & mid size banking stocks with asset allocation of 80 to100%, with a medium to high-risk profile. Asset allocation in instruments debt and money market will be at 0 to 20%

Benchmark..!
The benchmark used for Baroda Pioneer Banking &  Financial Services Fund is CNX Bank index. The scheme aims to invest in select banking stocks, which have a potential to beat CNX Bank index.

Options..!
The fund offer both growth &  dividend option, with 2 sub-options -dividend payout & dividend reinvestment.

Minimum Investment:  

Rs. 5,000 and then, Rs 1,000 and multiples of Re 1, thereafter.
One can also opt for the systematic investment plan (SIP).

Baroda Pioneer Mutual Fund501 Titanium, 5th Floor, Western Express Highway
Goregaon (E) Mumbai - 400 063
Phone: 022-3074 1000 / 022-4219 7999
Fax: 022-3074 1001
Email :info@barodapioneer.in
Universal Access Number : 1 - 800 - 4190911
http://www.barodapioneer.in/

ChennaiFlat No F11,First Floor, Akshya Plaza,(Erstwhile Harris Road)
Opp : Chief City Metropolitan Court, 108,Adhithanar Salai,Egmore
Chennai - 600 002,  Ph: 044 - 42028512 / 42028513 / 28587772 / 28587781
Fax: 044 - 42028514

Coimbatore29/1, ISt Floor,Chinthamani Nagar, Opp : Indian Overseas Bank
NSR Road,Saibaba Colony, Coimbatore - 641 011
Ph: 0422 - 4384770 , Fax: 0422 - 4384770
   
ErodeNo. 4,KMY Salai , Veerappan Traders Complex,
Opp : Erode Bus Stand , Sathy Road, Erode,
Tamil Nadu -638 003.
Ms. Beula, mfserode@karvy.com
Ph :0424-4021212 (D) ,2225615 / 2225616 / 2225617 (B)
Fax: 0424-2216160

MaduraiRakesh Towers, 30-C, Bye Pass Road, Ist Floor, Opp Nagappa Motors,
Madurai, Tamil Nadu -625010.
Mr. Prasanth Kumar R R, Mail id ; mfsmadurai@karvy.com,
Ph (B):0452  600852 / 865 / 2600854

TrichySri krishna Arcade,
1St Floor; 60 Thennur High Road,
Trichy, amil Nadu -620 017.
Karthik p, Mail id  ; trichy@karvy.com
Ph :0431 - 4020227 / 226 (D) , 2793799 (B), Fax: 0431 - 2794132

TirupurFirst Floor, 224 A, Selvakumar Departmental Stores,
Ist Floor Kamaraj Road,  Opp. To Cotton Market Complex
Tirupur, Tamil Nadu -641 604.
Mr. Chinnasamy K, Mail : mfstirupur@karvy.com, Ph :0421 - 2214221

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