Fund Details
BNP Paribas Arbitrage Fund Direct Dividend Monthly
| Risk | Low |
|---|---|
| Min SIP Amount | ₹300 |
| Expense Ratio | 0.33% |
| NAV | ₹10.33 (25 Jan 2021) |
|---|---|
| Fund Started | 02 May 2017 |
| Fund Size | ₹569 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| BNP Paribas Liquid Fund Direct-Growth | Financial | Mutual Fund | 14.1% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.4% |
| Tata Steel Ltd. | Metals | Equity | 4.0% |
| Tata Power Co. Ltd. | Energy | Equity | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.7% |
| Reliance Industries Ltd. | Energy | Equity | 3.5% |
| HCL Technologies Ltd. | Technology | Equity | 3.4% |
| Lupin Ltd. | Healthcare | Equity | 3.2% |
| Bajaj Finserv Ltd. | Financial | Equity | 3.2% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.2% |
Fund Managers
BNP Paribas Arbitrage Fund Direct Dividend Monthly Details
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 ₹569 Cr and the Latest NAV as of 25 Jan 2021 is ₹10.33.
The BNP Paribas Arbitrage Fund Direct Dividend Monthly is rated Low risk. Minimum SIP Investment is set to 300. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month
Investment Objective
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.
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.
