Baroda BNP Paribas Funds Aqua Fund of Fund

Baroda BNP Paribas mutual funds has announced the launch of the Baroda BNP Paribas Funds Aqua Fund of Fund. Baroda BNP Paribas Funds Aqua Fund of Fund scheme would be predominantly investing its assets in the units of its underlying fund i.e. Baroda BNP Paribas Funds Aqua Fund of Fund.

The New Fund Offer (NFO) will open on 16th April 2021.

Investment Objective

The investment objective of the scheme is to generate long-term capital growth by investing its assets in units of its underlying fund i.e. Baroda BNP Paribas Funds Aqua Fund of Fund.

Features

The fund will be investing a minimum of 95% of its assets in the underlying fund.
The underlying fund is Baroda BNP Paribas Funds Aqua Fund of Fund.
The investment objective of the Baroda BNP Paribas Funds Aqua Fund of Fund is to achieve sustainable and market-beating returns over the long term through investments in the companies active in the rapidly growing water value chain.
The fund will also take small exposures to money market instruments to ensure liquidity.
The underlying fund has 54 stocks in the portfolio as of 31st December 2020.

Why Invest in Baroda BNP Paribas Funds Aqua Fund of Fund ?

The fund will be investing in the underlying fund i.e. Baroda BNP Paribas Funds Aqua Fund of Fund.
The fund will offer a high active share vs global equities while maintaining similar risk characteristics to a broader equity portfolio.
The fund investable universe will have high exposure to global fast-growing mid-cap companies.
Positive Environmental Impact: The fund will invest in water efficiency, recycling, and treatment through its exposures to companies associated with these operations. Also, the fund demonstrates exposure of the portfolio to the UN Sustainable Development Goals.

Baroda BNP Paribas Funds Aqua Fund of Fund - Top Holdings

Company	Sub-sectors	Weightage
Fischer (Georg)-Reg	Water Infrastructure	2.97%
Alfa Laval Ab	Diversified Environmental	2.90%
Agilent Technologies Inc	Environmental Testing & Gas Sensing	2.84%
Rexnord Corp	Water Infrastructure	2.80%
Pennon Group Plc	Water Utilities	2.77%
Pentair Plc	Water Treatment Equipment	2.75%
Idex Corp	Diversified Water Infrastructure & Technology	2.72%
Essential Utilities Inc	Water Utilities	2.59%
Trimble Inc	Sustainable & Efficient Agriculture	2.49%
American Water Works Co Inc	Water Utilities	2.46%

*As of 31st December 2020

Baroda BNP Paribas Funds Aqua Fund of Fund - Sector Exposure

Sector	Weightage
Industrials	48.18%
Utilities	21.45%
Materials	10.19%
Health Care	7.04%
Information Technology	6.77%
Consumer Discretionary	4.75%
Cash	1.61%

*As of 31st December 2020

Who Should Invest ?

This scheme is suitable for investors who are -

Interested in long-term capital growth.
Interested in investments in units of the Baroda BNP Paribas Funds Aqua Fund of Fund.
Recommended for investors with an investment horizon of 5 years & above.

Asset Allocation Pattern

Instruments	Minimum % of total assets (Indicative)	Maximum % of total assets (Indicative)	Risk Profile
Units of Underlying fund i.e. BNP Paribas Aqua (Lux))	95%	100%	High
Money Market instruments or units of other mutual funds	0%	5%	Low

About the Scheme

Name of the fund	Baroda BNP Paribas Funds Aqua Fund of Fund
Fund launched by	Baroda BNP Paribas Funds Aqua Fund of Fund
Asset Management Company	Baroda BNP Paribas Trustee India Pvt
Type of scheme	An open-ended fund of fund scheme primarily investing its assets in BNP Paribas Aqua (Lux)
Investment Objective	The investment objective of the scheme is to generate long-term capital appreciation by investing its assets in the units of the underlying fund i.e. BNP Paribas Aqua (Lux).
Benchmark	MSCI World Index TRI
Entry Load	Not Applicable
Exit Load	-If units redeemed or switched out within 1 year- 1% of applicable NAV -If units are redeemed or switched out after 1 year- NIL
Taxation	Taxed as Non-Equity -If units are sold within 3 years, gains will be added to income and taxed as per the investor's tax slab -If units are sold after 3 years, gains are taxed with long-term capital gain tax @20% after indexation benefits
Minimum Application Amount	₹ 5,000 & in multiples of ₹ 1 thereafter
Minimum Additional Amount	₹ 1,000 & in multiples of ₹ 1 thereafter
STP, DTP, & SWP	Available
Plans Available	Regular Direct
Options	Growth Dividend Payout Dividend Reinvestment
Fund Managers	Mr. Abhijeet Dey and Mr. Karthikraj Lakshmanan

SIP Details

Type	Minimum Amount	Minimum Installments
Daily SIP, Weekly SIP & Monthly SIP	₹300-₹499	20
	₹500-₹999	12
	₹1,000 & above	6
Quarterly SIP	₹1,000 & in multiples of ₹1 thereafter	6