| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹300 |
| Expense Ratio | 0.36% |
| NAV | ₹10.28 (23 Oct 2020) |
|---|---|
| Fund Started | 02 May 2017 |
| Fund Size | ₹572 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 5.2% |
| Reliance Industries Ltd. | Energy | Equity | 5.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.6% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.3% |
| ICICI Bank Ltd. | Financial | Equity | 4.1% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.3% |
| United Spirits Ltd. | FMCG | Equity | 3.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.8% |
| Federal Bank Ltd. | Financial | Fixed Deposits | 2.7% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 2.7% |
BNP Paribas Arbitrage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was made available to investors on 02 May 2017. Karthikraj Lakshmanan, Mayank Prakash is the Current Fund Manager of BNP Paribas Arbitrage Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹572 Cr and the Latest NAV as of 23 Oct 2020 is ₹10.28.
The BNP Paribas Arbitrage Fund Direct Dividend Monthly 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 scheme seeks 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.