Bank of Baroda NFO

Hi I would like to have the information of the Baroda Pioneer Asset Management Company Limited as well as the details of the Baroda Pioneer Treasury Advantage Fund (BPTAF)scheme?

[sumit]

Baroda Pioneer Asset Management Company Limited is a joint wander between two huge and settled monetary administrations organizations - Bank of Baroda and Pioneer Investments. Baroda Pioneer Mutual Fund is situated to serve the differed resource administration needs of financial specialists in India through a scope of value, obligation and currency showcase offerings. Since the development of the joint wander in 2008, Baroda Pioneer has been attempting to make an operational and overhauling stage appropriate to the demanding prerequisites of our current and potential financial specialists.

Floated by the accomplishment of the Institutional Plan in Baroda Pioneer Liquid Fund, Baroda Pioneer Asset Management Company (AMC) has declared the dispatch of Baroda Pioneer Treasury Advantage Fund (BPTAF).

BPTAF, which is an open-end obligation plan, is composed such that financial specialists are furnished with speculation roads for their here and now surpluses with the additional stipulation of producing sensible returns. Also, while giving returns the goal is to keep up adequate liquidity in the portfolio.

The plan may likewise put resources into securitized obligation up to 25 for each penny of its net resources while no speculation would be made in remote securitized obligation. The plan will put resources into obligation subordinates up to 50 for every penny of net resources of the plan. Interests in subordinate instruments might be accomplished for supporting and portfolio adjusting purposes.

Fundamental Details

Sort: Open-end Debt Scheme

NFO Opens: June 10, 2009

NFO Closes: June 23, 2009

Least Application Amount:

Retail Plan: Rs. 5,000/ -

Institutional Plan: Rs. 1 crore

Plans: Regular and Institutional Plans with Growth and Dividend (day by day, week after week, month to month, quarterly) alternatives. Profit choice will have payout and reinvestment alternatives. Profits of not exactly or equivalent to Rs 500 will be obligatorily re-contributed.

Benchmark: CRISIL Liquid Fund Index

Stack Structure:

Passage Load: NIL

Leave Load: For both Regular and Institutional arrangements, 0.10 for every penny for recovery of units inside three business days from the date of assignment.

Yearly Recurring Expense (most extreme): 2.25 for every penny (Regular Plan), 2 for each penny (Institutional Plan) including Investment administration and consultative charge of a greatest 1.25 for every penny.