Baroda BNP Paribas Mutual Fund launches of Baroda BNP Paribas Flexi Cap Fund
Baroda BNP Paribas Mutual Fund has announced the launch of Baroda BNP Paribas Flexi Cap Fund, a dynamic equity scheme with a flexibility to invest across market caps. The fund focuses on identifying investment opportunities across sectors and market capitalizations and aims to create long-term wealth by investing predominantly in equity and equity related securities.
The fund will be managed by Sanjay Chawla, Chief Investment Officer – Equity, Baroda BNP Paribas Asset Management India.
Suresh Soni, CEO, Baroda BNP Paribas Asset Management India said, “We live in an ever-evolving world. Equity markets reflect this – the top performing companies, sectors as well as market caps keep changing as the economy and businesses evolve. Hence, fund managers should be aware of and adopt an adaptable investing style when managing portfolios. In this regard, Flexi
Cap funds can take exposure across market caps and sectors and thereby allow fund managers to optimise the portfolio based on the prevailing market conditions, valuations, and future growth prospects. This makes Flexi Cap funds an all-in-one equity solution, suitable for all market conditions and for a wide variety of investors.”