BNP Paribas Low Duration Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Mayank Prakash, Vikram Pamnani is the Current Fund Manager of BNP Paribas Low Duration Fund Direct Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹214 Cr and the Latest NAV as of 22 Oct 2019 is ₹10.05.
The BNP Paribas Low Duration Fund Direct Dividend Weekly is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising of floating rate debt instruments, fixed rate debt instruments, money market instruments and derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme do not guarantee / indicate any returns.
Tax Implications
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment