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 fund seeks to collect a minimum subscription amount of Rs 20 crore under the scheme during the NFO period.
Allotment of investment:
The scheme would allocate up to 50% of assets in debt instruments with low to medium risk profile. On the other side it would allocate 50% to 100% of assets in money market instruments with low to medium risk profile.
95% 100% of net assets would be invested in A1+ rated certificate of deposits.
For more information visit: www.bnpparibasmf.in
NFO Price: Rs 10 per unit
NFO Opens: May 4, 2012
NFO Closes: May 9, 2012
Options: Growth and Dividend Payout
Benchmark: Crisil Short Term Bond Fund Index.
Minimum Application Amount: Rs 5,000 and in multiples of Rs 10 thereafter.
Exit Load: NIL
Manager: Mr. Puneet Pal.