Baroda Pioneer Mutual Fund has announced a change in the face value of the units from Rs 10 to Rs 1,000 under Baroda Pioneer Treasury Advantage Fund and Baroda Pioneer Liquid Fund. Consequently, the applicable Net Asset Value per unit (NAV) for the schemes will be based on Rs 1000.
The new applicable NAV in the schemes will be effective as under:
a) In the options of Baroda Pioneer Treasury Advantage Fund, for all transactions effected on or after 7th February 2011.
b) In the options of Baroda Pioneer Liquid Fund, for all transactions effected at the Applicable NAV of 6 February 2011 (valid subscriptions accepted till 2 pm on 7 February 2011 and valid redemptions accepted till 3 pm on 4 February 2011), and on all days thereafter.
The fundamental attributes and all other terms and conditions of the schemes shall remain unchanged.