Baroda Pioneer Mutual Fund SIP to Propel Your Investments Despite Market Lows! Baroda Pioneer is a strong player in the asset management space by offering a variety of mutual fund schemes that cater to investors with different financial goals and risk appetite. So, if you have long-term financial goals such as marriage and education to fulfill, you can trust the power of Baroda Pioneer Equity Mutual Funds. Yes, there will be fluctuations on the way and can impact your investments. But, with Baroda Pioneer Mutual Fund SIP Investments, the effect of fluctuations can be greatly looked into. Let’s check out how. Baroda Pioneer Mutual Fund SIP Investments Average Out the Cost of Investment The SIP investments will help you sail through the market fluctuations easily. So, when the market hits low, the SIP investments will buy more units at a lower Baroda Pioneer Mutual Fund NAV and less units at a higher NAV when the market goes up. This type of trading is called rupee cost averaging in the mutual fund terminology. What this does is average out the cost of investment and reduce the impact of fluctuations on your earnings. What is Baroda Pioneer Mutual Fund NAV? Above, you saw the word ‘NAV’ and must have wondered as to what it is. Well, it’s nothing but the price of a mutual fund unit. It varies based on the kind of trading that takes place. The NAV is updated at the end of every trading day. The NAV calculation takes into account the assets and liabilities of the fund. While assets include the market value of the underlying securities, accrued income, etc, liabilities consist of the marketing & promotional expenses, fees paid to trustees & distributors, etc. How Much You’re Likely to Make by Investing in Baroda Pioneer Mutual Fund SIPs? Well, a lot will depend on the kind of amount you invest and for the time you stay invested. What’s important though is to know the corpus you are chasing at. That will determine the investment amount and period you must adhere to. So, you need to create that space for investment out of your income. The best part about the SIP is that it comes with a power of compounding feature. It works better when you allow the investments to continue for long. For a rough estimation, you can use the Baroda Pioneer Mutual Fund SIP Calculator. Just enter the value of the monthly investment,
the investment tenure and the assumed annual rate of return in the calculator to figure out the likely investment value. Which Baroda Pioneer Equity Mutual Fund Schemes Should You Choose? Not only you have to choose a top-performing equity fund but you also need to look at your risk appetite carefully. Equity funds come with different riskometre. While large-cap and multi-cap funds come with moderately high risk, mid-cap and small-cap funds come with high risk. So, you need to weigh your risk profile before choosing an equity fund. You must not get swept away by the impressive individual numbers. You also need to see whether the fund has performed better than its benchmark and category, or not.