BNP Paribas Midcap Fund Dividend is a Equity Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was introduced to investors on 02 May 2006. Abhijeet Dey, Karthikraj Lakshmanan is the Current Fund Manager of BNP Paribas Midcap Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹699 Cr and the Latest NAV as of 16 Aug 2019 is ₹28.2.
The BNP Paribas Midcap Fund Dividend is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Investment Objective
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.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
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