|Min SIP Amount||₹300|
|NAV||₹33.93 (10 Jul 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹665 Cr|
|Tata Consumer Products Ltd.||FMCG||Equity||4.7%|
|Gujarat State Petronet Ltd.||Energy||Equity||4.6%|
|Gujarat Gas Ltd.||Chemicals||Equity||3.9%|
|Torrent Power Ltd.||Energy||Equity||3.6%|
|Tata Chemicals Ltd.||Chemicals||Equity||3.5%|
|City Union Bank Ltd.||Financial||Equity||3.4%|
|Exide Industries Ltd.||Engineering||Equity||3.4%|
|Voltas Ltd.||Cons Durable||Equity||3.1%|
BNP Paribas Midcap Direct Growth is a Equity Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Abhijeet Dey, Karthikraj Lakshmanan is the Current Fund Manager of BNP Paribas Midcap Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹665 Cr and the Latest NAV as of 10 Jul 2020 is ₹33.93.
The BNP Paribas Midcap Direct Growth is rated High risk. Minimum SIP Investment is set to 300. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
To seek to generate long-term capital appreciation by investing primarily in companies with high growth opportunities in the middle and small capitalization segment, defined as Future Leaders. The fund will emphasize on companies that appear to offer opportunities for long-term growth and will be inclined towards companies that are driven by dynamic style of management and entrepreneurial flair.
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.