BNP Paribas Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by BNP Paribas Mutual Fund. This scheme was introduced to investors on 29 Dec 2016. Karthikraj Lakshmanan, Mayank Prakash is the Current Fund Manager of BNP Paribas Arbitrage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹662 Cr and the Latest NAV as of 13 Oct 2019 is ₹12.10.
The BNP Paribas Arbitrage Fund Direct Growth is rated Very Low risk. Minimum SIP Investment is 500. Exit load of 0.25% if redeemed within 1 month.
The primary investment objective of the scheme is to generate income and capital appreciation by investing in a combination of diversified portfolio of equity and equity related instruments, including use of equity derivatives strategies and arbitrage opportunities with exposure in debt and fixed income instruments.
Returns are taxed at 15% if sold before 1 year.
Zero tax post one year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.25% if redeemed within 1 month