BNP Paribas Mutual Fund is launching a new fund with the name BNP Paribas Global Innovative Technology Fund during NFO (New Fund Offer). This is an open-ended equity fund of fund which aims at investing predominantly in units of Parvest Disruptive Technology. The BNP Paribas NFO 2019 opens on 16th August 2019 and closes on 30th August 2019. During the offer, the units of this mutual fund will be issued at a price of Rs 10 per unit.
BNP Paribas Mutual Fund was incepted in the year 2004. Its earlier name was ABN AMRO Mutual Fund. The funds of this mutual fund are managed by BNP Paribas Asset Management Asia Limited which is one of the world’s largest asset management company having the presence in 30 countries. As on 30-June-2019, the Asset Under Management of the company is Rs. 7242.52 crore.
BNP Paribas NFO 2019 – Offer Details
| Type of Offer | NFO (New Fund Offer) |
|---|---|
| Fund House | BNP Paribas Mutual Fund |
| Name of the Fund | BNP Paribas Global Innovative Technology Fund |
| Type of Scheme | Open-Ended |
| Category of Scheme | Internnational |
| NFO Starts | 16th August 2019 |
| NFO Ends | 30th August 2019 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs 5,000/- |
| Plans | Regular, Direct |
| Options | Growth, Dividend |
| Entry Load | Not Applicable |
| Exit Load | 1% if redeemed within a year; otherwise Nil |
| Investment Manager | BNP Paribas Asset Management India Private Limited, BNP Paribas House, 1, North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (E), Mumbai – 400051. India |
| Fund Manager (s) | Mr Abhijeet Dey, Mr Karthikraj Lakshamanan |
BNP Paribas NFO 2019 – Scheme Features
- The investment objective of the mutual fund scheme is to get capital appreciation by investing majorly in the units of Parvest Disruptive Technology Fund.
- This is an open-ended equity fund, which is Fund of Fund (FoF).
- This fund will invest is asset in existing Parvest Disruptive Technology Fund from Luxembourg.
- There is a high risk associated with this scheme.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
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Tags: #NFO #Mutual Fund #BNP Paribas NFO #New Fund Offer #BNP Paribas Mutual Fund #BNP Paribas NFO
