|Min SIP Amount||₹300|
|NAV||₹15.91 (23 Jul 2021)|
|Fund Started||05 Mar 2014|
|Fund Size||₹26 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Bonds/NCD||7.8%|
|Cholamandalam Investment & Finance Company Ltd.||Financial||Debenture||5.9%|
|Reserve Bank of India||Financial||T-Bills||3.8%|
BNP Paribas Medium Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was made available to investors on 05 Mar 2014. Mayank Prakash, Vikram Pamnani is the Current Fund Manager of BNP Paribas Medium Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹26 Cr and the Latest NAV as of 23 Jul 2021 is ₹15.91.
The BNP Paribas Medium Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 300. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months
The Scheme seeks to optimize returns by from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 year and 4 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.