BARODA BNP PARIBAS Mutual Fund has filed offer document with SEBI to launch an open-ended balanced scheme named ‘BARODA BNP PARIBAS Balanced Hybrid Fund'. The New Fund Offer price will be Rs 10 during the NFO. Entry load will be nil and Exit load for more than 10% of units allotted within 1 year from the date of allotment- 1.00% of applicable NAV; Up to 10% of the units allotted within 1 year from date of allotment will be NIL; and for units after 1 year from the date of allotment will be NIL. The Scheme offers Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.The performance will be benchmarked against NIFTY 50 Hybrid Composite debt 50:50 Index. The minimum application will be Rs 1000 and in multiples thereof Rs 1 thereafter.The investment objective of the scheme is to achieve long term capital appreciation and generate income by actively managed investments in a balanced portfolio of equity & equity related instruments and debt & money market instruments.