|Min SIP Amount||₹300|
|NAV||₹38.31 (23 Oct 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹725 Cr|
|Tata Consumer Products Ltd.||FMCG||Equity||4.6%|
|Voltas Ltd.||Cons Durable||Equity||4.0%|
|Bharat Electronics Ltd.||Engineering||Equity||3.4%|
|Gujarat Gas Ltd.||Chemicals||Equity||3.4%|
|Tata Chemicals Ltd.||Chemicals||Equity||3.3%|
|Apollo Hospitals Enterprise Ltd.||Healthcare||Equity||3.1%|
|Gujarat State Petronet Ltd.||Energy||Equity||3.1%|
|Alkem Laboratories Ltd.||Healthcare||Equity||2.9%|
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 ₹725 Cr and the Latest NAV as of 23 Oct 2020 is ₹38.31.
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
The Scheme seeks to generate long-term capital appreciation by investing primarily in companies with high growth opportunities in the mid capitalization segment. 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.