Baroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Energy Opportunities Fund, an open-ended equity scheme aimed at leveraging the growth potential in India's energy sector. The fund will be open for investment from January 21 to February 4, 2025, targeting the expanding energy sector as India transitions into a developed economy. At least 80% of the fund's assets will be allocated to equity instruments of companies in traditional and new energy sectors, including coal, crude oil, gas, nuclear, solar, wind, hydro, geothermal, and hydrogen. The fund aims to capitalize on the projected growth in India's GDP and energy demand over the next five years. It is positioned to unlock profitable investment opportunities for investors interested in India's energy sector developments. The Nifty Energy Total Return Index (Nifty Energy TRI) has shown strong performance compared to the broader market, with lower price-to-equity and price-to-book ratios and higher dividend yield and faster earnings growth. The fund's strategy includes investing in both traditional energy chains like exploration, production, and distribution, as well as emerging energy transitions supported by government initiatives and private investment in renewable energy. The Indian government's schemes, such as the National Green Hydrogen Mission and others, aim to boost the energy sector, with plans to increase renewable energy capacity significantly by 2031-32. The fund will be managed by Sanjay Chawla and Sandeep Jain, targeting a minimum investment of Rs 1,000 per application. With a focus on long-term investment, the scheme is ideal for investors looking to hold their investments for over three years.