|Min SIP Amount||₹300|
|NAV||₹18.41 (17 Jun 2021)|
|Fund Started||09 Apr 2017|
|Fund Size||₹602 Cr|
|ICICI Bank Ltd.||Financial||Equity||6.7%|
|HDFC Bank Ltd.||Financial||Equity||5.8%|
|Axis Bank Ltd.||Financial||Equity||4.2%|
|State Bank of India||Financial||Equity||3.0%|
|Muthoot Finance Ltd.||Financial||ZCB||2.7%|
|Max Financial Services Ltd.||Financial||Equity||2.4%|
|Avanti Feeds Ltd.||FMCG||Equity||2.4%|
BNP Paribas Substantial Equity Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was made available to investors on 09 Apr 2017. Karthikraj Lakshmanan, Mayank Prakash is the Current Fund Manager of BNP Paribas Substantial Equity Hybrid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹602 Cr and the Latest NAV as of 17 Jun 2021 is ₹18.41.
The BNP Paribas Substantial Equity Hybrid Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 300. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months for units beyond 10% of the investment.
The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.