BNP Paribas Arbitrage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was introduced to investors on 02 May 2017. Karthikraj Lakshmanan, Mayank Prakash is the Current Fund Manager of BNP Paribas Arbitrage Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹649 Cr and the Latest NAV as of 24 Jan 2020 is ₹10.19.
The BNP Paribas Arbitrage Fund Direct Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month.
Investment Objective
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.
Tax Implications
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.25% if redeemed within 1 month
Exit Load