Thursday, 1 September 2011

BNP Paribas Fixed Term Fund - Series 22 D

BNP Paribas Mutual Fund launched a new closed ended Fixed Maturity Plan (FMP) named BNP Paribas Fixed Term Fund - Series 22 D. The Investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities maturing on or before the maturity of the scheme.

The BNP Paribas Fixed Term Fund - Series 22 D is a closed ended income fund (Mutual Fund)  with a maturity of 369 days from the allotment of the FMP. Offer price of one unit is Rs. 10 and the minimum required investment is Rs. 5000 and multiples of Rs. 10 thereafter. The New Fund Offer (NFO)  already launched in the market on 24th August, 2011 and the closing date of NFO is 07th September, 2011. There is no entry load or exit load for the scheme.

The New BNP Paribas FMP offer two investment options named growth option and dividend payout option. The scheme will invest 100 percent of the pooled money in debt instruments and money market financial instruments with low and medium risk. Mr. Alok Sing will manage the fund.

DSP BlackRock FMP – 6M – Series 11- NFO
SBI Gold Fund,Conveniently Invest in Gold
Muthoot Finance Non Convertible Debentures

1 comment :

  1. [...] BNP Paribas Fixed Term Fund – Series 22 D  BNP Paribas Mutual Fund launched a new closed ended Fixed Maturity Plan (FMP) named BNP Paribas [...]

    ReplyDelete