|Min SIP Amount||₹300|
|NAV||₹12.63 (07 Aug 2020)|
|Fund Started||30 Dec 2016|
|Fund Size||₹809 Cr|
|HDFC Bank Ltd.||Financial||Fixed Deposits||12.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.9%|
|Reliance Industries Ltd.||Energy||Equity||4.9%|
|ICICI Bank Ltd.||Financial||Equity||4.3%|
|Bharti Airtel Ltd.||Communication||Equity||3.9%|
|Tech Mahindra Ltd.||Technology||Equity||2.8%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.6%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.6%|
|HDFC Bank Ltd.||Financial||Fixed Deposits||2.5%|
BNP Paribas Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was made available to investors on 30 Dec 2016. Karthikraj Lakshmanan, Mayank Prakash is the Current Fund Manager of BNP Paribas Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹809 Cr and the Latest NAV as of 07 Aug 2020 is ₹12.63.
The BNP Paribas Arbitrage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 300. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month
The primary investment objective of the scheme is to generate income and capital appreciation by investing in a combination of diversified portfolio of equity and equity related instruments, including use of equity derivatives strategies and arbitrage opportunities with exposure in debt 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.