Baroda Pioneer AMC Launches Baroda Pioneer Hybrid Fund –Series I

Highlights:

- Close ended Hybrid Scheme

- Maturity period - 3.05 years / 1112 days

- Investment universe: Mix of Debt and debt related instruments, money market instruments, Equity and equity related instruments including derivatives

- Units available at par at Rs.10/-

- Minimum application amount: Rs.5,000/- & in multiples of Re. 1/- thereafter

- Plan/Option –

  Plan A and Plan B (Direct)

  Growth Option and Dividend Option (Payout)

- Load structure:

  Entry load - NIL

  Exit Load - NA

- Investment Objective: To generate income by investing in fixed income securities maturing on or before the date of the maturity of the Scheme and to generate capital appreciation by investing in equity and equity related instruments

- Benchmark – CRISIL MIP Blended Index

- NFO opens on 2 March 2015 and closes on 17 March 2015

Baroda Pioneer Mutual Fund today announced the launch of Baroda Pioneer Hybrid Fund- Series I, a close ended hybrid scheme. This product is suitable for investors who are seeking to generate income and capital appreciation over the short term to medium term.

The New Fund Offer (NFO) is open for subscription from 2^nd March 2015 and closes on 17^th March 2015. The units will be available at par - Rs.10/- The primary objective of the Scheme is to generate income by investing in fixed income securities maturing on or before the date of the maturity of the Scheme and to generate capital appreciation by investing in equity and equity related instruments.

Baroda Pioneer Hybrid fund – Series 1 will have both, the equity and debt fund managers managing their respective area of expertise, thus offering investors the best of both worlds. Mr. Dipak Acharya will be managing the equity segment while Mr. Alok Sahoo will be managing the debt part of investment.

Speaking on the occasion, Mr. Sanjay Chawla, Chief Investment Officer of Baroda Pioneer Asset Management Company Ltd said, “The Indian markets are poised at a remarkably interesting juncture. The budget does a fine balance between fiscal prudence and has a number of levers to enable growth. In view of these developments, Baroda Pioneer has launched the first series in Baroda Pioneer Hybrid Fund- Series I. The focus area of the NFO will be to generate income by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme whilst the secondary objective is to generate capital appreciation by investing in equity and equity related instruments.”

This fund is aimed at combining income generation with potential capital preservation. It is predominantly a fixed income product as more than 65% of the corpus would be invested in debt and money market instruments. A maximum of 30% would be invested in equity or equity linked instruments, with an endeavor to generate return.

About Baroda Pioneer Asset Management Company Limited:

Baroda Pioneer Asset Management Company Limited is a joint venture between two large and well-established financial services companies - Bank of Baroda and Pioneer Investments. Baroda Pioneer Mutual Fund is positioned to serve the varied asset management needs of investors in India through a range of equity, debt and money market offerings. Since the formation of the joint venture in 2008, Baroda Pioneer has been working to create an operational and servicing platform well suited to the exacting requirements of our existing and potential investors. The company operates out of 34 locations in India and managed average assets of about INR 7,841.27 cr for the quarter ended December 2014.

Disclaimer:

Risk factors: Mutual funds’ investments are subject to market risks, read all scheme related documents carefully.