BNP Paribas Mutual Fund new issue closes on 3rd May
BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 22 A, a close-ended income scheme.
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 tenor of the scheme is 370 days.
The new issue closes on 3rd May. The minimum investment amount is Rs5,000.
CRISIL Short Term Bond Fund Index is the benchmark index. Alok Singh is the fund manager.
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