MUTUAL FUNDS
BNP Paribas Mutual Fund files offer document for Global Innovative Technology Fund
Jan-20-2020

BNP Paribas Mutual Fund has filed offer document with SEBI to launch an open-ended fund scheme named ' BNP Paribas Global Innovative Technology Fund '. The New Fund Offer price is Rs 10 per unit. Entry load will be Nill and Exit load if units of the Scheme are redeemed or switched out within 12 months from the date of allotment will be 1% of the applicable NAV; If units of Scheme are redeemed or switched out after 12 months from the date of allotment will be Nil. The scheme offers growth and dividend options and seeks to collect a Minimum Target Amount of Rs 10 crores.

The performance for schemes will be benchmarked against MSCI World Index. The minimum application amount for initial purchase is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme to seek capital appreciation by investing predominantly in units of BNP Paribas Funds Disruptive Technology.

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