Rs. 1 crore in 20 years just by investing Rs. 9,000 via SIP: Baroda BNP Paribas Children's Fund..!
NFO date ends on December 20.
Baroda BNP Paribas Mutual Fund has launched a solution oriented fund Baroda BNP Paribas Children's Fund.
This fund scheme is a growth-oriented investment option that aims to grow with the child and helps fulfil the parents' dreams for their children. Parents can leverage systematic investment plans (SIPs) with step-up options to potentially accumulate Rs. 1 crore in 20 years just by investing Rs. 9,000.
It is essential to plan the children's future in advance because the inflation rate in education is 11% per annum, almost double the average inflation rate. The cost of an MBA program has become a staggering 8 times costlier in the last 20 years.
The fund will invest at least 80% of the amount in equity-related securities and it has a 5-year lock-in period or until the child reaches the age of majority, i.e. 18 years (whichever is earlier).
Pratish Krishnan will manage this fund.
Minimum Amount for Application during the NFO & Ongoing: A minimum of Rs. 1,000 per application and in multiples of Rs.1
Minimum Additional Application Amount: Rs. 1,000 and imultiples of Rs. 1 thereafter.
SIP Details: Minimum Application Amount
(i) Daily, Weekly, Monthly SIP: Rs. 500/- and in multiples of Rs. 1/- thereafter;
(ii) Quarterly SIP: Rs. 1500/- and in multiples of Rs. 1/- thereafter
Exit Load: If units of the Scheme are redeemed or switched out within 1 year from the date of allotment: 1% If units of the Scheme are redeemed or switched out after 1 year from the date of allotment: Nil
For Investments contact
Mr. R. Venkatesh, Founder
GuruRam Financial Services Pvt. Ltd.
New No. 14, Old No. 37C, First Floor
Nathamuni Street, T Nagar, Chennai -600017
Tel. +91-9677267889, 9677025125
Email: gururamforyou@gmail.com
https://www.gururamfinancialservices.com/index.php
Smart Investment Solutions is one of the leading comprehensive financial investment solutions advisory with specialization and expertise in the financial sector. GuruRam Financial Services Pvt. Ltd is AMFI qualified and IRDAI approved distributors. This company SEBI registered Sub-Broker and BSE Star Mutual Fund registered BSE members as well. It have more than 18 year's experience in Financial Planning, Retirement Planning, Tax Planning, Mutual Funds, Life Insurance, General Insurance, Health Insurance, Accidental Insurance, Loans, and Demat Accounts etc.
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes.
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