Baroda Pioneer Mutual Fund

NAV Date 22-10-2019
Fund Name Category NAV NAV Change 1 year %
Baroda Banking & Fin Serv Fund(D) Equity - Banking 16.3 0.1600 22.48
Baroda Banking & Fin Serv Fund(D)-Direct Plan Equity - Banking 17.44 0.1700 23.39
Baroda Banking & Fin Serv Fund(G) Equity - Banking 23.99 0.2400 24.04
Baroda Banking & Fin Serv Fund(G)-Direct Plan Equity - Banking 25.28 0.2500 24.84
Baroda Conservative Hybrid Fund(G) Hybrid - MIP 25.28 0.0364 14.65
Baroda Conservative Hybrid Fund(G)-Direct Plan Hybrid - MIP 26.78 0.0359 15.59
Baroda Dynamic Bond Fund(G) Debt - Income 16.51 0.0106 -00.72
Baroda Dynamic Bond Fund(G)-Direct Plan Debt - Income 17.35 0.0122 -00.27
Baroda ELSS 96 Equity - Tax Saving 26.74 0.0100 07.19
Baroda ELSS 96(B) Equity - Tax Saving 43.58 0.0100 07.87
Baroda ELSS 96(B)-Direct Plan Equity - Tax Saving 46.98 0.0300 08.78
Baroda ELSS 96(D)-Direct Plan Equity - Tax Saving 32.67 0.0200 08.21
Baroda ELSS 96(G) Equity - Tax Saving 43.58 0.0100 07.87
Baroda ELSS 96(G)-Direct Plan Equity - Tax Saving 46.98 0.0300 08.78
Baroda Gilt Fund(D) Debt - Gilt Medium and Long Term 21.47 0.0050 12.92
Baroda Gilt Fund(D)-Direct Plan Debt - Gilt Medium and Long Term 27.83 0.0091 13.75
Baroda Gilt Fund(G) Debt - Gilt Medium and Long Term 30.28 0.0071 12.92
Baroda Gilt Fund(G)-Direct Plan Debt - Gilt Medium and Long Term 32.14 0.0104 13.75
Baroda Hybrid Equity Fund(D)-Direct Plan Hybrid - Equity Oriented 17.12 0.0100 05.11
Baroda Hybrid Equity Fund(G) Hybrid - Equity Oriented 54.11 0.0200 05.01
Baroda Hybrid Equity Fund(G)-Direct Plan Hybrid - Equity Oriented 58.48 0.0300 06.00
Baroda Large Cap Fund(G)-Direct Plan Equity - Large Cap 15.51 0.0000 15.75
Baroda Liquid Fund(DD) Debt - Liquid 1001.2 0.0000 05.02
Baroda Liquid Fund(DD)-Direct Plan Debt - Liquid 1002.08 0.0000 05.09
Baroda Liquid Fund(G) Debt - Liquid 2217.36 0.2538 07.07
Baroda Liquid Fund(G)-Direct Plan Debt - Liquid 2231.73 0.2615 07.17
Baroda Liquid Fund(WD) Debt - Liquid 1001.35 0.1146 05.04
Baroda Liquid Fund(WD)-Direct Plan Debt - Liquid 1220.24 0.1430 05.10
Baroda Liquid-Reg(D) Debt - Liquid 2795.46 0.3194 07.07
Baroda Liquid-Reg(DD) Debt - Liquid 1006.06 0.0000 05.02
Baroda Multi Cap Fund(D) Equity - Multi Cap 30.74 0.0800 09.71
Baroda Multi Cap Fund(D)-Direct Plan Equity - Multi Cap 31.0 0.0800 10.67
Baroda Multi Cap Fund(G) Equity - Multi Cap 97.17 0.2400 10.80
Baroda Multi Cap Fund(G)-Direct Plan Equity - Multi Cap 103.27 0.2500 11.75
Baroda ST Bond Fund(G) Debt - Short Term Income 20.85 0.0231 09.47
Baroda ST Bond Fund(G)-Direct Plan Debt - Short Term Income 21.75 0.0257 10.18
Baroda Treasury Adv Fund(DD) Debt - Ultra Short Term 831.24 0.8209 -17.28
Baroda Treasury Adv Fund(DD)-Direct Plan Debt - Ultra Short Term 814.84 0.8323 -17.07
Baroda Treasury Adv Fund(G) Debt - Ultra Short Term 1754.13 1.7323 -16.46
Baroda Treasury Adv Fund(G)-Direct Plan Debt - Ultra Short Term 1792.3 1.8307 -16.21
Baroda Treasury Adv Fund(MD) Debt - Ultra Short Term 807.35 0.7974 -17.38
Baroda Treasury Adv Fund(MD)-Direct Plan Debt - Ultra Short Term 808.59 0.8259 -17.17
Baroda Treasury Adv Fund(QD) Debt - Ultra Short Term 833.2 0.8228 -17.22
Baroda Treasury Adv Fund(QD)-Direct Plan Debt - Ultra Short Term 843.75 0.8618 -16.99
Baroda Treasury Adv Fund(WD) Debt - Ultra Short Term 806.54 0.7966 -17.31
Baroda Treasury Adv Fund(WD)-Direct Plan Debt - Ultra Short Term 807.74 0.8248 -17.09
Baroda Treasury Adv-Reg(DD) Debt - Ultra Short Term 811.79 0.8017 -17.28
Baroda Treasury Adv-Reg(G) Debt - Ultra Short Term 1710.66 1.6894 -16.46
Baroda Treasury Adv-Reg(MD) Debt - Ultra Short Term 807.36 0.7978 -17.38
Baroda Treasury Adv-Reg(WD) Debt - Ultra Short Term 806.56 0.7647 -17.25
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Formed in the year 2008, Baroda Pioneer Asset Management Company is a joint venture between two heritage companies, Bank of Baroda and Pioneer Investments. Since its inception, it is working with an intent to cater to the varied investment requirements of the investors by offering them a variety of equity, debt, and liquid mutual fund schemes. It has been dedicatedly working towards creating servicing platform which is perfect to meet the diverse needs of their existing as well as future customers. The rich investment history and market experience of this age-old fund house make it a popular option for the investors both in India and abroad.

Types of mutual fund schemes offered by Baroda Pioneer Mutual Fund

Baroda Pioneer Mutual Fund offers a variety of mutual fund schemes under 3 broad categories. In each category, it has listed out multiple schemes which cater to the varied financial needs, investment objectives, and risk appetite of the customers. Here are the various types of mutual fund schemes offered by Baroda Pioneer Mutual Fund company:

  • Equity schemes
  • Debt Income schemes
  • Liquid Fund schemes

Mutual Fund Schemes offered by Baroda Pioneer Mutual Fund

The varieties of schemes that are offered by Baroda Pioneer Mutual Fund company are as follows:

  • Equity schemes
    • Baroda Pioneer Large-Cap Fund
    • Baroda Pioneer Mid-Cap Fund
    • Baroda Pioneer ELSS'96
    • Baroda Pioneer Multi-Cap Fund
    • Baroda Pioneer Hybrid Equity Fund
    • Baroda Pioneer Banking and Financial Services Fund
  • Debt Income schemes
    • Baroda Pioneer Short Term Bond Fund
    • Baroda Pioneer Treasury Advantage Fund
    • Baroda Pioneer Income Fund
    • Baroda Pioneer Gilt Fund
    • Baroda Pioneer Conservative Hybrid Fund
    • Baroda Pioneer Dynamic Bond Fund
    • Baroda Pioneer Credit Risk Fund
    • Baroda Pioneer Ultra Short Duration Fund
  • Liquid Fund Schemes
    • Liquid Fund

Equity schemes

Equity funds are mutual fund schemes which chiefly contribute to the stocks or shares of companies to generate capital appreciation in the future. Since these funds are growth-oriented in nature, these are also known as growth funds. These funds invest in the company shares with an intent to offer diversification and professional management benefit to the ordinary investors. Baroda Pioneer comes with 6 different types of equity fund schemes to help the investors generate wealth for a long term. Here are the details of the various types of schemes offered under equity funds:

  1. Baroda Pioneer Mid-Cap Fund
  2. Type of Fund: It is an open-ended equity scheme which primarily invests in the equity and equity-linked instruments of growth-oriented mid-cap companies for deriving capital appreciation.

    Investment Objective: The investment objective of Baroda Pioneer Mid-Cap Fund is to generate capital appreciation in the long term through investments made in stocks, bonds, and other securities of mid-cap companies at a high associated risk.

    Suitable for: Individuals who want to capitalise on equity funds that mainly invests in a diversified portfolio consisting of stocks of mid-cap companies that are carrying out their business in India.

    Benchmark Index

    S&P BSE Mid-cap Index

    Total Expense Ratio

    9.23% - Regular Plan

    2.10% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.500/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    1% - For redeeming the units on or before a holding period equal to or less than 12 months from the date when the units were allotted

    Nil - For redeeming the units after a holding period of more than 12 months from the date when the units were allotted

    Risk Factor

    High

    Fund Manager

    Sanjay Chawla and Dipak Acharya

  3. Baroda Pioneer Large Cap Fund
  4. Type of Fund: It is an open-ended equity scheme which mainly invests in the stocks and bonds of the large-cap companies to generate high returns for the investors at a moderately high risk.

    Investment Objective: The prime motto of this mutual fund scheme is to gain long-term capital appreciation by making predominant investments in a diverse portfolio comprising equity and equity-linked instruments along with derivatives of large-cap companies while also contributing some part of its corpus in debt, money market instruments, and cash.

    Suitable for: This scheme is ideal for investors who intend to gain capital appreciation over a long period of time by investing in equity and equity-linked securities of large-scale companies.

    Benchmark Index

    Nifty 100

    Total Expense Ratio

    2.88% - Regular Plan

    2.19% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.500/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    1% - For redeeming the units on or before a holding period equal to or less than 12 months from the date when the units were allotted

    Nil - For redeeming the units after a holding period of more than 12 months from the date when the units were allotted

    Risk Factor

    Moderately High

    Fund Manager

    Dipak Acharya

  5. Baroda Pioneer ELSS'96
  6. Type of Fund: This is an open-ended equity-related savings scheme coming with a statutory lock-in period of 3 years which also provides tax benefits to the investors.

    Investment Objective: The sole purpose of this mutual fund scheme is to offer long-term capital growth to the investors via investments made in equity and equity-linked securities by 80-100% and debt and money market securities by 0-20% while also allowing them to enjoy the tax benefits coming under Section C of the Income Tax Act, 1961.

    Suitable for: This scheme is perfect for investors who seek to generate wealth over a long time period while also saving some substantial amount of tax.

    Benchmark Index

    S&P BSE 200

    Total Expense Ratio

    2.80% - Regular Plan

    2.09% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    Not Applicable

    Risk Factor

    Moderately High

    Fund Manager

    Sanjay Chawla and Dipak Acharya

  7. Baroda Pioneer Multi Cap Fund
  8. Type of Fund: Baroda Pioneer Multi Cap Fund is an open-ended equity scheme which contributes to a diverse portfolio of stocks of large-cap, mid-cap, and small-cap companies at a moderately high risk.

    Investment Objective: The investment objective of Baroda Pioneer Multi-cap Fund is to derive capital appreciation in future for the investors by making investments in the stocks, bonds, and other securities of multi-cap companies in the country.

    Suitable for: Investors who want to invest in equity funds that make investments mainly in a diversified portfolio consisting of stocks of multiple small to large companies that are carrying out their business in India.

    Benchmark Index

    S&P BSE 200

    Total Expense Ratio

    2.59% - Regular Plan

    1.63% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.500/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    1% - For redeeming the units on or before a holding period equal to or less than 12 months from the date when the units were allotted

    Nil - For redeeming the units after a holding period of more than 12 months from the date when the units were allotted

    Risk Factor

    Moderately High

    Fund Manager

    Dipak Acharya

  9. Baroda Pioneer Hybrid Equity Fund
  10. Type of Fund: This is an open-ended hybrid mutual fund scheme which majorly makes investments in equity and equity-linked securities while also capitalising on money market instruments and debt securities.

    Investment Objective: The objective of this mutual fund scheme is to provide capital appreciation as well as stability to the investors over the years by making balanced investments in a well-managed portfolio of equity and equity-linked securities, money market instruments, and debt securities.

    Suitable for: It is ideal for individuals who want to gain wealth by investing their money in a diversified portfolio containing a variety of assets at a moderately high risk.

    Benchmark Index

    CRISIL Balance Fund Index

    Total Expense Ratio

    2.57% - Regular Plan

    1.37% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    1% - For redeeming the units on or before a holding period equal to or less than 12 months from the date when the units were allotted

    Nil - For redeeming the units after a holding period of more than 12 months from the date when the units were allotted

    Risk Factor

    Moderately High

    Fund Manager

    Sanjay Chawla and Dipak Acharya

  11. Baroda Pioneer Banking and Financial Services Fund
  12. Type of Fund: It is an open-ended equity scheme which chiefly invests in a portfolio of equity and equity-linked instruments of companies involved with the banking and financial services sector.

    Investment Objective: The investment objective of Baroda Pioneer Banking and Financial Services Fund is to offer capital appreciation in the long term by contributing mainly in the equity and equity-related securities of banking and financial service sector.

    Suitable for: Baroda Pioneer Banking and Financial Services Fund is apt for those individuals who want capital appreciation over a long period of time through investments made in the equities of the banking and financial services sector.

    Benchmark Index

    Nifty Bank Index

    Total Expense Ratio

    2.87% - Regular Plan

    2.13% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    1% - For redeeming the units on or before a holding period equal to or less than 12 months from the date when the units were allotted

    Nil - For redeeming the units after a holding period of more than 12 months from the date when the units were allotted

    Risk Factor

    High

    Fund Manager

    Dipak Acharya and Sanjay Chawla

Debt income schemes

Debt income schemes are mutual fund schemes which essentially make investments in the fixed-income securities like money market instruments, bonds, corporate debentures, government instruments etc. at a low risk compared to other types of funds. Since these schemes are less risky and offer potential capital gain to the investors on their investments these are a good way of building money without being prone to market risks. When it comes to Debt income schemes, Baroda Pioneer Mutual Fund has a variety of schemes in store. The debt fund schemes are specifically designed for the conservative investors who want to invest in the government securities without taking any risk. Here are the details of the 7 schemes that it has to offer:

  1. Baroda Pioneer Short Term Bond Fund
  2. Type of Fund: It is a short-term open-ended debt scheme which capitalises on debt and money market securities in a way that the portfolio’s Macaulay duration is between one year and three years.

    Investment Objective: The prime motto of Baroda Pioneer Short-term Bond Fund is to offer capital appreciation to the investors over a short period of time by contributing a major part of its portfolio in bonds and securities. Its main motto is to provide the best returns with minimal associated risk within a small duration.

    Suitable for: Baroda Pioneer Short Term Bond Fund is appropriate for investors who want capital growth in a short time by contributing their money in a diverse folio of bonds and securities.

    Benchmark Index

    CRISIL Short Term Bond Fund Index

    Total Expense Ratio

    1.30% - Regular Plan

    0.57% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    0.25% - For redeeming the units before a holding period which is equal to less than 15 days from the allotment date of the units

    Nil - For redeeming the units after a holding period which is greater than 15 days from the allotment date

    Exit Load

    Not Applicable

    Risk Factor

    Moderately Low

    Fund Manager

    Alok Sahoo and Hetal Shah

  3. Baroda Pioneer Treasury Advantage Fund
  4. Type of Fund: The Baroda Pioneer Treasury Advantage Fund is an open-ended low duration debt scheme which invests in money market instruments and short-term debt market securities in a way that the portfolio's Macaulay duration is between 6 months and 12 months.

    Investment Objective: The investment objective of Baroda Pioneer Treasury Advantage Fund is to offer regular income to the investors over a short period of time by contributing a major part of its portfolio in the treasuries of government securities. Its main motto is to provide the best return with high liquidity at minimal risk.

    Suitable for: This fund is ideal for investors who want capital growth in the long term by contributing their money in the government securities and treasuries.

    Benchmark Index

    CRISIL Liquid Fund Index

    Total Expense Ratio

    0.81% - Regular Plan

    0.52% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderately Low

    Fund Manager

    Alok Sahoo and Hetal Shah

  5. Baroda Pioneer Income Fund
  6. Type of Fund: An open-ended debt scheme investing in fixed income securities for a medium term in a way that the portfolio's Macaulay duration is between 4 years and 7 years.

    Investment Objective: The investment objective of Baroda Pioneer Income Fund is to offer regular income as well as capital appreciation to the investors by contributing in a diverse portfolio of good quality fixed income assets and securities. The main purpose of this fund is to generate current income for the investors over a medium-term while also providing liquidity.

    Suitable for: Baroda Pioneer Income Fund is a good investment option for people who want to get regular income through their mutual fund investment at a moderate risk.

    Benchmark Index

    CRISIL Composite Bond Fund Index

    Total Expense Ratio

    2.48% - Regular Plan

    1.88% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    Nil - If up to 10% of the units are redeemed on or before a holding period of one year from the date of allotment.

    Nil - If the units are redeemed after a holding period of one year from the date of allotment.

    1% of the applicable Net Asset Value (NAV) - If the redeemed units are more than the 10% limit on or before a holding period of one year from the date of allotment.

    Risk Factor

    Moderate

    Fund Manager

    Alok Sahoo and Hetal Shah

  7. Baroda Pioneer Gilt Fund
  8. Type of Fund: This is an open-ended debt scheme which chiefly contributes to the government securities over a medium period of time.

    Investment Objective: The prime focus of this mutual fund scheme is to provide regular income as well as capital appreciation to the investors over a medium-term at a moderate associated risk via investing in a portfolio which comprises of government securities.

    Suitable for: This mutual fund scheme is appropriate for investors who want to get credit risk free regular income over a long period of time by chiefly investing in both State and Central Government securities.

    Benchmark Index

    ISec MI Bex

    Total Expense Ratio

    1.92% - Regular Plan

    1.07% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    0.25% - If the units are redeemed before a holding period which is equal to less than 30 days from the allotment date of the unit

    Nil - If the units are redeemed after a holding period which is more than 30 days from the allotment date of the unit

    Risk Factor

    Moderate

    Fund Manager

    Alok Sahoo and Hetal Shah

  9. Baroda Pioneer Conservative Hybrid Fund
  10. Type of Fund: This mutual fund is an open-ended hybrid scheme which majorly invests in debt securities at a moderate associated risk.

    Investment Objective: To produce consistent income for the investors by making investments in money market and debt securities while also generating long-term capital appreciation by contributing a part of its corpus to equity and equity related instruments.

    Suitable for: This scheme is ideal for investors who want income on a consistent basis along with long-term capital appreciation and liquidity by capitalising in debt and money market securities as well as equity and equity-related securities.

    Benchmark Index

    CRISIL MIP Blended Index

    Total Expense Ratio

    2.09% - Regular Plan

    1.34% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderate

    Fund Manager

    Alok Sahoo and Hetal Shah

  11. Baroda Pioneer Dynamic Bond Fund
  12. Type of Fund: This is an open-ended dynamic debt scheme which aims to invest in assets through interest rate cycle across duration at a moderate risk.

    Investment Objective: Baroda Pioneer Dynamic Bond Fund aims to generate profit and regular income for the investor over a medium period of time through portfolio which is dynamically managed by means of interest rate cycles.

    Suitable for: Its appropriate for individuals who are willing to generate consistent income as well as capital appreciation for a long time period with liquidity via investing in money market and debt securities while also contributing in equity and equity-related securities.

    Benchmark Index

    CRISIL Composite Bond Fund Index

    Total Expense Ratio

    1.62% - Regular Plan

    1.09% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    0.50% - If the units are redeemed before a holding period of 3 months from the allotment date of the unit

    Nil - If the units are redeemed after a holding period of 3 months from the allotment date of the unit

    Risk Factor

    Moderate

    Fund Manager

    Alok Sahoo and Hetal Shah

  13. Baroda Pioneer Credit Risk Fund
  14. Type of Fund: It is an open ended debt scheme which majorly invests in the bonds and stocks of AA rated or below-rated corporate companies.

    Investment Objective: The main purpose of this mutual fund scheme is to derive profits by making an investment in a mixed portfolio of money market and debt securities across various maturity and credit range for a medium period.

    Suitable for: This scheme is appropriate for persons with moderate risk tolerance who intend to get income from their investment over a medium term by capitalising in various debt and money market securities.

    Benchmark Index

    CRISIL Short Term Bond Fund Index

    Total Expense Ratio

    1.67% - Regular Plan

    0.80% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    Nil - If up to 10% of the units are redeemed on or before a holding period of one year from the date of allotment.

    Nil - If the units are redeemed by the investor after a holding period of one year from the date of allotment.

    1% of the applicable Net Asset Value (NAV) - If the redeemed units are more than the 10% limit on or before a holding period of one year from the date of allotment.

    Risk Factor

    Moderate

    Fund Manager

    Alok Sahoo and Karn Kumar

  15. Baroda Pioneer Ultra Short Duration Fund
  16. Type of Fund: It is an ultra-short open-ended debt scheme which contributes in assets in a way that the portfolio's Macaulay duration remain between 3 months to 6 months.

    Investment Objective: The prime motto of this scheme is to provide regular income to the investor by making an investment in a balanced investment portfolio of debt and money market instruments in a way that the portfolio’s Macaulay duration is between 3 months and 6 months.

    Suitable for: This scheme is perfect for individuals who want to build wealth by investing in debt and money market securities at a low to medium level of associated risk.

    Benchmark Index

    CRISIL Ultra Short Fund index

    Total Expense Ratio

    0.35% - Regular Plan

    0.20% - Direct Plan (June 2018)

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000/monthly and Rs.1,500/quarterly - SIP

    Rs.1,000/monthly and Rs.1,500/quarterly - SWP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderately Low

    Fund Manager

    Alok Sahoo and Hetal Shah

Liquid Fund

Liquid funds are the funds which focus on contributing to liquid assets majorly. This category of fund mainly makes investments in short-term money market securities such as treasury bills, certificate of deposits, commercial papers, and term deposits. Since these funds are designed to provide liquidity to the investors these offer safety and reasonable good returns to the investors. These funds come with a low maturity period of up to 91 days with no lock-in period and the investors can park their money in these to meet their urgent or upcoming financial requirements such as going for a vacation or meeting wedding expenses. Baroda Pioneer Mutual Fund Company has only 1 mutual fund scheme to offer to the customers:

Baroda Pioneer Liquid Fund

Type of Fund: It is an open-ended liquid mutual fund scheme which chiefly makes investments in money market and debt instruments to generate regular income for the investors over a short term.

Investment Objective: The investment strategy of this fund is to produce substantial income for the investors through investments in debt and money market instruments along with a high liquidity level.

Suitable for: The Baroda Pioneer Liquid Fund is suitable for investors who seek a consistent income with a high level of liquidity for a short period of time by making investment chiefly in money market securities.

Benchmark Index

CRISIL Liquid Fund Index

Total Expense Ratio

0.15% - Regular Plan

0.5% - Direct Plan (June 2018)

Investment Options

Growth and Dividend

Minimum Investment

Rs.1,000/monthly and Rs.1,500/quarterly - SIP

Rs.1,000/monthly and Rs.1,500/quarterly - SWP

Entry Load

Not Applicable

Exit Load

Nil

Risk Factor

Low

Fund Manager

Alok Sahoo and Hetal Shah

Eligibility Criteria to make an investment with Baroda Pioneer Mutual Fund

Each and every individual can invest in the mutual fund schemes of the Baroda Pioneer Mutual Fund company as far as they satisfy the terms and conditions put forward by the company. Interested investors don’t have any restrictions from any law or law-making authority in this regard. Baroda Pioneer Mutual Fund has mandated the customers to meet the below-mentioned criteria to be eligible for their mutual fund schemes. Customers who can’t meet the following criteria are not considered to be eligible for the schemes and can’t apply for subscription to the schemes:

  • Adult individuals who are the residents of India can apply either singly or jointly (not more than three persons) for the units of a scheme
  • Lawful guardians or parents in case of investment on behalf of minors
  • Bodies corporate, companies, Public Sector Undertakings (PSUs), associations of bodies of individuals or persons and societies which have a registration under the Societies Registration Act 1860
  • Charitable and religious trusts, Private Trusts, and Wakfs or endowments of private trusts (subjected to the receipt of required approvals) which are allowed to make mutual fund investments under their trust deeds
  • Partnership Firms which are formed as per the regulations of the Partnership Act 1932
  • Hindu Undivided Family (HUF) via its Karta
  • Regional Rural Banks and Cooperative Banks, and Financial Institutions are also eligible
  • Persons of Indian Origin (PIO) and Non-Resident Indians (NRIs) can apply either on a full repatriation basis or on a non-repatriation basis (except the citizens of Canada and the US)
  • Foreign Institutional Investors (FIIs) or Foreign Portfolio Investors (FPIs) who have a registration under the Securities and Exchange Board of India on full repatriation basis
  • Air Force, Navy, Army, and other paramilitary forces.
  • Industrial and Scientific Research Organisations
  • Pension/Provident/Gratuity and other similar funds as per their investment permissions
  • International Multilateral Agencies which are permitted by the Indian Government or the Reserve Bank of India (RBI)
  • AMC, Trustee, Sponsor or their associates who are approved to invest as per the current law
  • Mutual Fund schemes and other Fund of Funds schemes

Note:

  • Minors investing through their guardians after becoming major should inform the Registrar about the maturity status while submitting their banker-authenticated specimen signature along with other details such as bank account number and PAN (if required) so that the Registrar can update the records and permit them to operate their accounts on their own.
  • Persons of Indian Origin residing abroad (POIs)/Non Resident Indians (NRIs) and Foreign Portfolio Investors (FPIs) are permitted to invest in mutual funds by the Reserve Bank of India under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000

Documents required to invest in Baroda Pioneer Mutual Fund

Here are the documents that an investor needs to provide at the time of investing in the schemes of Baroda Pioneer Mutual Fund:

  • Application form: KYC application form and application form for investing in the Baroda Pioneer Mutual Fund schemes.
  • Address proof: Voter’s ID, Aadhaar Card, Passport, Driving License, Ration Card, utility bills such as electricity bill, telephone bill, gas bill, flat maintenance bill, bank passbook or bank account statement, insurance copy, or registered lease/sale agreement of residence (copy of anyone)
  • Identity proof: PAN Card, Voter’s ID, Driving License, Aadhaar Card or Passport (copy of anyone)
  • KYC documents: KYC form downloaded from the websites of intermediaries registered under SEBI along with a recent coloured passport-sized photograph of the investor
  • Third-party declaration form (For investment on behalf of a minor): Third-party declaration form along with the birth certificate, mark sheets (if any) and other supporting documents are required in case of investments which are done on behalf of a minor.

KYC requirements for investing in Baroda Pioneer Mutual Fund

Once you become an investor with Baroda Pioneer Mutual Fund, you have to keep updating your KYC details from time to time. Whether you change your residence or contact number, you need to inform the fund house about the same. The following KYC implementation criteria have been mandated by the fund house:

  • For making additional subscriptions and switching between schemes, the investors need to give additional KYC information as a mandate (as mentioned in the Account Opening Form). The information will include details like his/her occupation, gross annual income, net worth, a politically exposed person (PEP), etc.
  • If there is any missing KYC information, the investors must provide the information first and undergo an In-Person Verification (IPV) for making additional subscriptions and switching from one fund to another.
  • These provisions are only applicable to the investors who haven’t satisfied these requisites. These will be applicable in cases of fund purchase or switching in transactions if the missing KYC information is not submitted by the investor or IPV is not completed. However, at times Baroda Pioneer can reject these requirements.

How to invest in Baroda Pioneer Mutual Fund?

Investing in the schemes of Baroda Pioneer Mutual Fund is very simple and easy. The investors can make the investments online by creating their folio with the company. However, there are a few requirements including the KRA and KYC compliance that the interested investors have to fulfill before starting investment.

Customers who are not KYC-Compliant

The investors who are interested in investing in the mutual fund schemes of Baroda Pioneer Mutual Fund need to update their KYC at first. KYC updation process is a one-time exercise which the investors mandatorily have to do while investing in the mutual fund market. The process needs to be completed through SEBI registered brokers or intermediaries. Once you complete the process, you needn’t conduct it again while subscribing to other mutual fund companies. The KYC updation process is detailed above. Just submit all your KYC related documents along with the application form for getting the KYC updation done. After completion of the process, you can start investing in any of the Baroda Pioneer Mutual Fund schemes by following the steps detailed below.

Customers who are KYC Compliant

Investors who have KYC-compliance can right away start investing in the desired mutual fund scheme from Baroda Mutual Fund. The investment process is very easy as the company offers an online facility to the first-time investors who are willing to invest in the schemes offered by the company. For purchasing your desired scheme from Baroda Mutual Fund you have to follow the following steps:

  • First, visit the official website of the company.
  • Then go to the 'First-time purchase' section under 'General'.
  • Here you have to select the scheme category and the scheme name that you want to purchase along with the investment mode.
  • In the next step, fill up the given form with all your personal, professional, and KYC details that you have been asked for.
  • Once you are done, cross-verify all the provided information and click on 'Submit'.
  • Your application will be verified by the experts and once you are approved, you can immediately start investing in the scheme.

Why invest with Baroda Pioneer Mutual Funds?

There are multiple reasons why an investor should consider making investments in the schemes offered by Baroda Pioneer Mutual Fund. Here are some of the key reasons why this fund house makes a great investment option:

  • Baroda Pioneer Mutual Fund schemes are profitable investment options because the company is one among the top market players which provide quality investment services to their customers.
  • The schemes are customer-oriented and you can expect to get the help and guidance of the experts at every step right from the first step of investment.
  • The expert financial advisors of this fund house with a rich experience in this domain will at first will evaluate your risk profile, investment objective, and future expectations and then design an exclusive portfolio which will cater to all your investment needs.
  • By allocating assets in various instruments and securities, the prudent fund managers will try to generate optimum wealth for you through your investments.
  • Moreover, while investing with this company you will get a variety of schemes to invest in which will cater to your varied risk appetite and investment goals.

FAQs

  1. Can I invest in Baroda Pioneer Mutual Fund schemes if I am a small investor?
  2. Yes, you can as the mutual fund schemes of Baroda Pioneer are specially designed to help the small-scale investors generate wealth/income as per their risk-tolerance and investment objective. The best thing is, even if you don’t have any knowledge or experience of mutual fund investment, you can invest in these funds as everything will be taken care of by the fund manager. He/she will strategise your investment plan and will monitor the performance of the fund, thereby enabling you to generate profit.

  3. Is there an SIP investment option in Baroda Pioneer Mutual Fund schemes?
  4. Yes, you can opt for an SIP investment while capitalising in the mutual fund schemes laid down by Baroda Pioneer Mutual Fund company.

  5. How will I get my redemption proceeds from the company?
  6. The redemption proceeds will be paid in your registered bank account in Indian rupees within a few days of submitting the application.

  7. Is Baroda Mutual Fund Transact Online facility available for the new investors?
  8. Currently, Baroda Mutual Fund offers its ‘Transact Online’ facility only to the existing investors who have made investment through physical mode.

  9. Do I have to pay any charge for opening a mutual fund account with this company?
  10. No, you needn't pay any extra charges for opening an account as the company provides this service absolutely free of cost.

  11. Can I make use of the ‘Transact Online’ facility if I have invested in the schemes of Baroda Pioneer Mutual Fund?
  12. Yes, you can avail of the ‘Transact Online’ facility if you are an investor who has invested in the schemes of the company in physical mode. For availing this facility, you have to register yourself first. However, if you already have registered yourself, use your sign-up details to log into your account for transacting online.

  13. What transactions can I conduct through my ‘Transact Online’ account?
  14. You can perform the following transactions through your ‘Transact Online’ account registered with Baroda Pioneer Mutual Fund:

    • New subscriptions
    • Switches between schemes
    • Redemption of proceeds
  15. Is it possible to have a single user ID or password for all of my folios?
  16. Yes, it is possible. Since user ID is created at the time of building a folio, you can manage all the folios through one single user ID. For that, you have to add all the folio with the user ID that you want to use for operating all the folios.

  17. My online account is locked. How to unlock it?
  18. Don’t worry if you get locked out of your account. Due to security reasons your account might get locked for 24 hours if you make three incorrect login attempts. However, your account will automatically get unlocked after 24 hours.

  19. How can I reach the customer care executives of Baroda Pioneer Mutual Fund?
  20. The executives of this fund house can be reached easily through call or mail. For getting in touch with them, you have to dial their customer care number at 1800 - 2670 - 189. Alternately, you can reach out to them by mailing to info@barodapioneer.in.

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GST rate of 18% applicable for all financial services effective July 1, 2017.

Baroda Pioneer Mutual Fund News

  • Bank of Baroda seeks buyers for its mutual fund stakes

    Public lender Bank of Baroda (BOB) has begun seeking out buyers for a portion of its stake in Baroda Pioneer Asset Management Company. The process started with the hiring of BOB Capital Markets as the investment banker who will manage the sale of stakes. The bidding exercise has already been started by the bank for the sale of stakes in the Asset Management Company (AMC). BOB had purchased 51% stakes of the AMC held by Pioneer Investments in December 2017 which led to an increase in its shareholding to 100%.

    After the Securities and Exchange Board of India (SEBI) gives a nod, Pioneer Global Asset Management will exit the joint venture with BOB. The state-run bank is also looking at monetising its other non-core assets like BOB cards, its stakes in UTI, IndiaFirst Life Insurance, and UTI to revamp its capital base.

    31 May 2018

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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