Latest news with #BarodaBNPParibasAMC
Mint
14-06-2025
- Business
- Mint
Stock market this week ends volatile—Here are the top gainers and losers to track
Arbitrage funds witnessed a notable 33% rise in inflows during May, reflecting growing investor interest in low-risk and tax-efficient investment options amid evolving market dynamics. These hybrid mutual funds, which leverage the price differences between cash and derivatives markets to generate returns, are gaining popularity for their ability to offer stability along with the potential for short-term gains. The significant increase in inflows suggests that more investors are recognizing arbitrage funds as a smart alternative to traditional fixed-income instruments, especially given their equity taxation advantage when held for more than a year. With their relatively lower volatility and the benefit of being taxed like equity mutual funds, arbitrage funds have emerged as an attractive choice for conservative investors seeking capital preservation with better post-tax returns. In times when markets may be experiencing temporary fluctuations, arbitrage funds provide a balanced route by capitalizing on market inefficiencies without taking directional equity exposure. The surge in inflows also reflects growing awareness among retail and institutional investors about the role such funds can play in diversifying portfolios and managing liquidity needs effectively. Supported by their consistent performance and efficient risk-return profile, arbitrage funds continue to draw attention from those looking to make the most of short-term idle funds while maintaining a low-risk stance. This trend is expected to sustain as investors increasingly prioritize safety, tax efficiency, and liquidity, making arbitrage funds a relevant and reliable component of a well-rounded investment strategy. The IPO of Oswal Pumps received a positive response from investors, being oversubscribed by 0.34 times, reflecting growing confidence in the company's business model and future potential. Known for its strong presence in the water pump and motor manufacturing industry, Oswal Pumps aims to utilize the funds raised to enhance its production capacity, invest in advanced technology, and support working capital needs. The oversubscription indicates healthy demand, particularly from retail and HNI investors, who were drawn to the company's consistent performance, trusted brand, and expansion plans. With a solid track record, strong distribution network, and focus on innovation, Oswal Pumps is well-positioned to capitalize on growth opportunities in both domestic and international markets. This successful IPO marks an important milestone in the company's journey and paves the way for long-term value creation. Baroda BNP Paribas AMC, ICICI Prudential AMC, and Groww AMC have launched new fund offers (NFOs), each offering investors distinct opportunities aligned with emerging market trends. Baroda BNP Paribas has introduced the Health & Wellness Fund – Growth Direct Plan, aiming to capitalize on the rising demand in the healthcare and wellness sector by investing in companies focused on pharmaceuticals, diagnostics, and lifestyle improvement. ICICI Prudential's Nifty Top 15 Equal Weight Index Fund – Growth Direct Plan offers exposure to India's top 15 blue-chip companies with an equal-weight strategy, providing balanced diversification and reduced concentration risk. Meanwhile, Groww AMC has launched the Nifty India Internet ETF FoF – Growth Direct Plan, targeting the booming digital and internet-based economy by investing in sectors such as e-commerce, fintech, and technology services. These NFOs present attractive opportunities for investors looking to diversify their portfolios with sector-focused and growth-oriented strategies. Index Returns Best Performers Worst Performers Bought and Sold Most Watchlisted Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.
Time of India
13-06-2025
- Business
- Time of India
NFO Insight: Baroda BNP Paribas Health and Wellness Fund opens. Is it the right prescription for your portfolio?
Baroda BNP Paribas Mutual Fund 's latest new fund offer , the Baroda BNP Paribas Health and Wellness Fund , is open for subscription and will close on June 23. This open-ended equity scheme will focus on companies expected to benefit from the rising demand in healthcare and wellness—an emerging megatrend both in India and globally. The fund aims to capitalise on the multi-decade structural growth story within the healthcare and wellness space. CEO comments on fund launch Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » 'Over the last century, average life expectancy in India has more than tripled. Across every life stage—from toddler to septuagenarian—there is a constant need and expenditure towards well-being. Given the low starting base of per capita healthcare spending, we view this sector as a multi-decadal opportunity offering promising prospects for investors,' said Suresh Soni, CEO, Baroda BNP Paribas AMC. Also Read | Lumpsum vs SIP: Is caution killing the case for lumpsum? CIO on fund launch Live Events 'India offers a $200 billion market cap opportunity with over 100 investible companies across pharma, diagnostics, Medtech, hospitals, insurance, and healthcare research,' said Sanjay Chawla, CIO – Equity, Baroda BNP Paribas AMC. The primary objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity-related instruments of pharma and healthcare companies. The fund will be benchmarked against the BSE Healthcare Total Return Index and will be managed by Sanjay Chawla. This thematic fund is suited for investors with an investment horizon of three years or more. It offers an opportunity to participate in India's growing health consciousness and invest in an evolving ecosystem of wellness-focused businesses. Sector Expected to Grow While India's current per capita healthcare expenditure is significantly lower than that of developed markets, it is expected to grow exponentially. Key drivers include rising affordability, increasing awareness, longer life expectancy, and a higher incidence of chronic diseases, according to a press release. Experts' Take on the New Launch Experts typically advise caution when it comes to investing in New Fund Offers (NFOs), unless the scheme offers something genuinely unique—such as access to an untapped investment theme or an enhanced proposition over existing options. Without a historical performance record, investors may find it difficult to make informed decisions. According to one expert, there are already over 10 pharma and healthcare-focused mutual funds available in the market. However, this new fund may adopt a distinct approach in terms of stock selection, portfolio construction, or focus on sub-segments like diagnostics, CDMOs, wellness, or healthcare services—potentially offering a fresh perspective within the broader theme. 'As with any new fund, it does not yet have a performance track record. So, while the investment philosophy might be compelling, it's sensible to monitor how the portfolio evolves and how the fund navigates different market conditions,' said Sagar Shinde, VP of Research at Fisdom, in a note to ETMutualFunds. Also Read | Mutual funds reduces overall cash allocation by Rs 6,200 crore to Rs 2.17 lakh crore in May 'There's no pressing need to rush into the NFO . Given the ample choices already available in this category with proven track records, it's better to wait, watch how this fund shapes up, and then consider it for investment based on merit,' Shinde added. Another expert shares a different opinion on this new fund as she mentions that Baroda BNP Paribas Health and Wellness Fund is not the first of its kind in India as several healthcare and pharma-focused funds are already in the market but what differentiates each fund is its investment approach, stock selection, and how broadly it defines the healthcare ecosystem—some include wellness, diagnostics, hospitals, and even health-tech platforms. 'Baroda BNP Paribas fund offers investors another opportunity to tap into India's growing healthcare story. It's worth considering for those looking to increase sectoral exposure, especially from a long-term perspective. Like any sectoral fund, it should be evaluated based on investment horizon, portfolio strategy, and alignment with personal financial goals,' Shruti Jain, Chief Strategy Officer, Arihant Capital Markets shared exclusively with ETMutualFunds. The minimum amount for lump sum investment is Rs 1,000 and in multiples of Re 1 thereafter. For Systematic Investment Plans with daily, weekly, or monthly frequency, the minimum SIP amount is Rs 500 and in multiples of Re 1 thereafter; for quarterly SIPs, the minimum amount is Rs 1,500 and in multiples of Re 1 thereafter. The fund will allocate 80–100% in equity and equity-related instruments of companies in the pharma, healthcare, and allied sectors; 0–20% in equity and equity-related instruments of companies other than those in the pharma, healthcare, and allied sectors; 0–20% in debt and money market instruments; 0–10% in units of mutual funds (domestic schemes); and 0–10% in units issued by REITs and InvITs. Time to allocate in this sector? Shinde advises that in pharma, recent corrections have created better entry points, and the long-term structural drivers remain intact. Staggered investments can be considered. On the other hand, Jain mentions that pharma and healthcare remain strong thematic plays, particularly because they offer defensive qualities in uncertain markets. Given India's demographic trends—rising average age, increasing healthcare awareness, and lifestyle-related health issues—this sector is poised for long-term structural growth. 'Investors who do not currently have any exposure to this space may consider allocating around 10% of their total equity portfolio to healthcare and pharma funds. However, this should be done with a minimum 3–5 year investment horizon and as part of a well-diversified portfolio. A staggered investment approach (via SIP or tranches) can also help manage entry-point risk,' Jain advises investors. Apart from Baroda BNP Paribas Health and Wellness Fund, there are 16 funds based on the pharma and healthcare sector, of which 10 have a track record of three years in the market. ICICI Pru Pharma Healthcare & Diagnostics (P.H.D) Fund offered the highest return of around 29.05% in the last three years, followed by SBI Healthcare Opp Fund , which has offered a 28.36% return in the same time period. LIC MF Healthcare Fund gave the lowest return of around 20.77% in the said period. With enough funds based on the sector and having a long performance track record, Shinde mentions that the outlook is neutral to positive overall but very constructive on hospitals and specialty pharma segments. While U.S. pricing pressure remains a concern, domestic demand, growth in chronic therapies, and export diversification are supportive. In the last three years, these funds have offered an average return of 24.72%, and in the last five years, they have delivered an average return of 21.93%, with up to 25.16% return in the last five years. LIC MF Healthcare Fund gave the lowest return in the last five years at around 17.40%. Jain believes that the long-term outlook for India's pharma and healthcare sector remains robust. Post-COVID, there has been a fundamental shift in consumer behaviour and government focus toward healthcare infrastructure, wellness, and preventive care. India's role as a global pharmaceutical manufacturing hub and growing domestic demand support the sector's earnings potential. 'While short-term volatility may persist due to regulatory changes or global market sentiment, the structural drivers remain intact. Innovation in biosimilars, rising export demand, growth in diagnostics and hospitals, and increasing insurance penetration further strengthen the investment case. As such, this sector offers a compelling mix of growth and defensiveness, making it a relevant thematic allocation for long-term investors,' she added. One should always invest based on their risk appetite, investment horizon, and goals. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ along with your age, risk profile, and Twitter handle.
Time of India
09-06-2025
- Business
- Time of India
NFO Alert: Baroda BNP Paribas Mutual Fund launches healthcare and wellness fund
Baroda BNP Paribas Asset Management has launched its latest new fund offer – Baroda BNP Paribas Health and Wellness Fund , an open-ended equity scheme will focus on companies that are expected to benefit from the rising demand in healthcare and wellness—an emerging megatrend both in India and globally. The new fund offer or NFO of the scheme is open for subscription and will close on June 23. Also Read | 3 equity mutual fund categories lose up to 7% in 2025. Expert shares what went wrong Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo The fund aims to capitalise on the multi-decade structural growth story in healthcare and wellness space. While India's existing per capita healthcare expenditure is quite low compared to developed markets, it is expected to grow exponentially on the back of rising affordability, increasing awareness, longer life expectancy, and higher incidence of chronic diseases, according to a press release. "Over the last century or so, average life expectancy in India has more than tripled. Throughout the life stages from a toddler to a septuagenarian, there is a constant need and expenditure towards one's well being. Given the low starting base of per capita expenditure on healthcare, we see this sector as a multi decadal opportunity that seeks promising prospects for investors,' said Suresh Soni, CEO, Baroda BNP Paribas AMC. Live Events India is facing an alarming surge in chronic diseases. The incidence of cardiac ailments, diabetes, and cancer could grow by 34–41% this decade. This unfortunate trend reinforces the need for robust preventive and curative healthcare systems, creating fertile ground for investment. 'India offers a $200 billion market cap opportunity with over 100 investible companies across pharma, diagnostics, Medtech, hospitals, insurance, and healthcare research,' said Sanjay Chawla, CIO – Equity, Baroda BNP Paribas AMC. Also Read | Quant Small Cap Fund increases stake in Jio Financial Services, NCC and reduces in Aadhar Housing Finance The BSE Healthcare Index has consistently outperformed the BSE 500 TRI over the last 1, 3, 7, and 15 years, driven by stronger earnings growth. These gains span companies across all market caps—large, mid, and small, the release said. This thematic fund is suited for investors who have an investment horizon of three years or more. The fund offers investors the opportunity to participate in India's growing health consciousness and invest in an evolving ecosystem of wellness-focused businesses. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
09-05-2025
- Business
- Time of India
NFO Alert: Baroda BNP Paribas Mutual Fund launches Income Plus Arbitrage Active Fund of Funds
Baroda BNP Paribas AMC has launched the Income Plus Arbitrage Active Fund of Fund, targeting conservative investors seeking better post-tax returns than traditional debt products. The scheme invests in a mix of debt and arbitrage mutual funds and is open for subscription till May 21. It offers tax-efficient income with a low-risk profile and diversified allocation. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Baroda BNP Paribas Asset Management India has announced the launch of the Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund (FoF). The scheme is designed for conservative investors who seek capital appreciation with regular income and aim to earn higher post-tax returns than traditional debt instruments and debt new fund offer or NFO of the scheme is open for subscription and will close on May Read | SIP inflows climb 3% to all-time high of Rs 26,632 crore in April The scheme will invest 50–65% in units of debt oriented mutual fund schemes of Baroda BNP Paribas Mutual Fund , 30–50% in units of arbitrage scheme of Baroda BNP Paribas Mutual Fund and 0-5% in money market instrumentsthus aiming to create a balanced and diversified portfolio that helps mitigate risk while enhancing return potential.'For conservative investors looking beyond fixed income products or conventional debt funds, this fund offers the potential to earn better post-tax returns, especially for holding periods beyond two years,' said Prashant Pimple, CIO – Fixed Income, AMC.'The concessional long-term capital gains (LTCG) tax rate of 12.5% makes this an attractive option for long-term savers in higher tax brackets,' he fund will be co-managed by Prashant Pimple and Neeraj Saxena. The scheme will be benchmarked against Nifty Composite Debt Index 60% + Nifty Arbitrage Index 40% - minimum application amount for lump sum investment is Rs 1,000 and in multiples of Re 1 thereafter. For daily, weekly, and monthly SIP, the minimum amount is Rs 500 and in multiples of Re 1 thereafter. For quarterly SIP, the minimum investment amount is Rs 1,500 and in multiples of Re 1 Baroda BNP Paribas Income Plus Arbitrage Active FoF seeks to invest in a portfolio of fixed income and arbitrage schemes. It seeks to build a risk profile similar to lower-risk fixed-income schemes and would invest in the Baroda BNP Paribas Arbitrage Fund for its arbitrage Read | NFO Insight: Can this multi asset allocation fund save your portfolio in this volatile market? The portfolio manager would select a fixed income scheme or multiple fixed income schemes with differential weights based on their views on macroeconomic variables, interest rates, credit environment, etc. The scheme intends to predominantly invest in debt schemes, thus providing investors a low-risk investment optionThis scheme is ideal for investors seeking lower-risk mutual funds, tax-efficient income solutions, and alternatives to fixed-income products.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
