BNPParibas Mutual Fund has launched a new fund offer (NFO) today , May 17, 2012 with the name as BNP Paribas Income & Gold Fund (An open-ended debt fund) and objective of the investment in the scheme generating income from a portfolio constituted of debt and money market securities (65% – 90%), along with investments in Gold Exchange Traded Funds (ETFs) [10% - 35%]. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee/indicate any returns.
- Fund Opens: 17-May-2012
- Fund Closes: 31-May-2012
- Scheme Type: Open Ended
- Scheme Category: Income
- Entry Load: Nil
- Exit Load: 1%, if redeemed /switched-out upto 12 months from date of allotment, 0.50 %, if redeemed /switched-out upto 12 – 18 months from date of allotment. Nil, if redeemed /switched-out after 18 months from date of allotment of Units.
- Unit Price for NFO: Rs. 10/-
- Minimum Subscription: Rs. 5,000/- and in multiple of Rs. 1/- thereafter
- Invest Now
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