BNP Paribas Short Term Fund Direct Dividend Daily 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 Short Term Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹120 Cr and the Latest NAV as of 23 Aug 2019 is ₹10.1.
The BNP Paribas Short Term Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, through the use of OTC or exchange traded derivatives.
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