Baroda BNP Paribas NIFTY SDL December 2028 Index Fund - Regular Plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43303/baroda-bnp-paribas-nifty-sdl-december-2028-index-fund-regular-plan/Get the latest information and complete track record of 'Baroda BNP Paribas NIFTY SDL December 2028 Index Fund - Regular Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
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Baroda BNP Paribas NIFTY SDL December 2028 Index Fund - Regular Plan
This is a fund that comes with a fixed maturity and invests in bonds whose maturity is in line with that of the fund. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. They provide predictability (though not a guarantee) of returns because by staying invested till the end of its term, you can expect to get returns close to its ‘indicative yield’ at the time of making the investment.
They can be a viable option for fixed-income investors whose investment horizon matches the tenure of the fund. Such funds are more attractive when the interest rates are high, so as to 'lock-in' a high rate of return and benefit from it by staying invested for the entire fund tenure.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty SDL December 2028 Index before expenses, subject to tracking errors, fees and expenses.
Mayank Prakash since 14-Mar-2023
Mr. Prakash is a Chartered Accountant and MBA (Finance).
Prior to joining Baroda BNP Paribas Mutual Fund he has worked with Kotak AMC.