Baroda BNP Paribas and Sundaram Mutual Fund Filed Draft with SEBI

Baroda BNP Paribas Mutual Fund and Sundaram Mutual Fund have submitted draft documents to SEBI for the launch of two new schemes: the Baroda BNP Paribas Multi Asset Active Fund of Funds and the Sundaram Multi Factor Fund.

Baroda BNP Paribas Multi Asset Active FoF

Baroda BNP Paribas has proposed a multi-asset fund of funds (FoF) scheme aiming to invest across a mix of equity, debt, and gold ETFs. This open-ended fund seeks to actively allocate investments into domestic mutual fund schemes within these asset classes. It is for investors looking for a diversified approach within a single scheme.

The fund’s indicative asset allocation pattern spans:

• Equity schemes: 10-80%.
• Debt schemes: 10-80%.
• Gold ETFs: 10-30% The scheme can also hold up to 10% in liquid assets such as TREPS or money market instruments.

Minimum application amount is ₹1,000, with additional purchases in multiples of ₹1. The fund will offer both Regular and Direct plans under Growth and IDCW options.

Read more: Income Distribution Announced by Baroda BNP Paribas Mutual Fund.

Sundaram Multi Factor Fund

Sundaram Mutual Fund’s new offering falls under the equity-thematic category and will follow a multi-factor model-based strategy. The fund aims to deliver long-term capital growth by selecting stocks based on factors such as value, momentum, quality, and growth, combining both fundamental and technical indicators.

Highlights include:

• Minimum 80% of assets in equity using a quantitative multi-factor model
• Up to 20% in debt and money market instruments
• Benchmark: BSE 200 TRI
• Entry at ₹10 per unit during NFO
• Exit load of 1% if units are redeemed within 365 days

SIPs start from ₹100, and STP/SWP options are available. The fund will be managed by Rohit Seksaria, Bharath S., Dwijendra Srivastava, and Sandeep Agarwal.

Read more: Sundaram Mutual Fund Unveils Prosperity SIP with Enhanced Features.

Conclusion

Both schemes target different investor needs, Baroda BNP’s fund focuses on asset class diversification via FoF, while Sundaram introduces a structured, model-driven equity strategy. These drafts await SEBI’s approval before their respective launches.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.