BNP Paribas Substantial Equity Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was introduced to investors on 09 Apr 2017. Karthikraj Lakshmanan, Mayank Prakash is the Current Fund Manager of BNP Paribas Substantial Equity Hybrid Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹405 Cr and the Latest NAV as of 03 Apr 2020 is ₹10.90.
The BNP Paribas Substantial Equity Hybrid Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 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.However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 12 months for units beyond 10% of the investment.