Baroda BNP Paribas MF launches Baroda BNP Paribas Gold ETF Fund of Fund NFO
Mumbai, August 4th, 2025: Renowned mutual fund, Baroda BNP Paribas Asset Management India has launched a new fund of fund scheme, the Baroda BNP Paribas Gold ETF Fund of Fund (FoF), which offers long-term investors, seeking investment in gold-related assets a simple, low cost and viable investment option. The New Fund Offer (NFO) opens on August 4, 2025, and closes on August 14, 2025.
The fund offers high liquidity and is designed for investors seeking smart, low-volatility exposure to gold with potential for long-term capital appreciation. An exit load of 1% applies if units are redeemed or switched out within 15 days from the date of allotment. No exit load is payable on redemptions or switches made after 15 days, making it a flexible and convenient investment option for gold enthusiasts.
Aiming to make Gold Accessible Again
“Indian households are one of the world’s largest holders of gold. Their holdings of around 25,000 tonnes of this precious metal are more than the combined holdings of the top 10 reserve banks of the world*. However, the spectacular rise in the price of gold has made savings in gold inaccessible to a large percentage of the Indian populace. With its low cost of holding, ease of transaction and low minimum investment amount, we have tried to make gold once again accessible to retail investors via our Baroda BNP Paribas Gold ETF Fund of Fund,” said Prashant Pimple, CIO – Fixed Income, Baroda BNP Paribas MF.
Baroda BNP Paribas Gold ETF Fund of Fund enables investors to access the precious metal in a convenient, and secure manner, without the challenges of physical storage. With lump sum investments starting at just ₹1,000 (and in multiples of ₹1 thereafter) and monthly Systematic Investment Plans (SIPs) starting from just ₹500, the scheme aims to bring gold investing within reach of every Indian.
Relevance in Today’s Market
With gold prices nearing ₹1 lakh per 10 grams*, affordability has become a major hurdle for many investors. The fund seeks to offer a timely solution by allowing gold exposure through mutual fund units. It also benefits from the rising demand among central banks globally, who have turned to adding to their existing gold reserves, amid geopolitical uncertainty.
The fund will be managed by Mr. Gurvinder Singh Wasan, Mr. Madhav Vyas and Ms. Swapna Shelar. “If one looks at the last 10–25* years then historically gold returns over the period have been almost as good as equity, or even better in some instances. This along with its negative correlation with equity reinforces its position as a potential stabiliser to the overall volatility of an investor’s portfolio,” said Gurvinder Wasan, Sr Fund Manager, AMC.