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Baroda MF introduces Money Market Fund
Jun-13-2019

Baroda Mutual Fund (MF) has launched the Baroda Money Market Fund, an open ended debt scheme. The NFO opens for subscription on June 13, 2019 and closes on June 18, 2019. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter per application during the NFO period.

The scheme’s performance will be benchmarked against CRISIL Money Market Index and its fund managers are Alok Sahoo & Karn Kumar.

The investment objective of the scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market instruments.

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