BNP Paribas Medium Term Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was introduced to investors on 05 Mar 2014. Mayank Prakash, Vikram Pamnani is the Current Fund Manager of BNP Paribas Medium Term Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹68 Cr and the Latest NAV as of 03 Apr 2020 is ₹10.12.
The BNP Paribas Medium Term Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
The investment objective of the scheme is to seek to optimize returns by investing in a portfolio of debt and money market instruments with portfolio weighted average maturity ranging from 3 to 7 years. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee/indicate any returns.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 12 months