About Baroda Conservative Hybrid Fund

The Baroda Conservative Hybrid Fund is an open-ended hybrid scheme. It seeks to generate regular income by investing in debt securities and money market instruments and also a long-term appreciation by investing in equity and equity-related instruments. It was earlier known as Baroda Pioneer Monthly Income Plan (MIP) Fund and was renamed as Baroda Pioneer Conservative Hybrid Fund.

Pros & Cons of Baroda Conservative Hybrid Fund

• The scheme allocates 10%-25% of its total assets to equity and equity-related securities, 75%-90% to money market instruments and debt securities, up to 10% to REITs/ InvITs while taking derivatives positions up to 50% of the net assets.
• As on December 31, 2018, the scheme is not ranked under CRISIL’s Conservative Hybrid Fund category.
• Further, it has generated returns of 6.61% per year over the last 10 years (as on February 8, 2019).

Fund Information and Statistics of Baroda Conservative Hybrid Fund

Inception / Launch Date

The scheme was launched on 08 September 2004 by Baroda Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderate risk-level associated with it.

Redemption

There is no minimum amount for redemption. The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

Ms. Hetal Shah is the Fund Manager of the Baroda Conservative Hybrid Fund since its inception.

Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Baroda Conservative Hybrid Fund

The following taxes are applicable to the income arising from investing in this scheme:

• STCG is added to the investor's income and taxed as per the income-tax slab.
• LTCG component is taxed at 20% with indexation benefits.

About Baroda Mutual Fund

Baroda Asset Management India Limited (the AMC), a wholly-owned subsidiary of Bank of Baroda is the investment manager for Baroda Mutual Fund. While in 2008, Pioneer Global Asset Management S.p.A. (PGAM) acquired a 51% stake in the AMC, Bank of Baroda acquired this shareholding in 2018 and became the sole sponsor of the Mutual Fund. The fund house offers innovative and useful service features and a wide array of products to cater to different investor requirements.