BNP Paribas Corporate Bond Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Mayank Prakash, Vikram Pamnani is the Current Fund Manager of BNP Paribas Corporate Bond Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹36 Cr and the Latest NAV as of 11 Oct 2019 is ₹9.62.
The BNP Paribas Corporate Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months, 0.50% if redeemed after 12 months but within 24 months and 0.25% if redeemed after 24 months but within 36 months.
Investment Objective
The investment objective of the Scheme is to generate income and capital gains through investments in a portfolio of debt and money market instruments.However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme launched hereunder does not guarantee/indicate any returns. returns through investments made in a basket of fixed income securities, with a provision to offer liquidity at periodic intervals. However, there can be no assurance that the investment objective of the Scheme and Plan/ Options launched there under do not guarantee/ indicate any returns. The Scheme do not guarantee / indicate any returns.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 12 months, 0.50% if redeemed after 12 months but within 24 months and 0.25% if redeemed after 24 months but within 36 months
Exit Load