Rating : ★ ★ ★ ☆ ☆

BNP Paribas Long Term Equity Fund Direct Plan Dividend Payout Option

Equity

  

ELSS Fund

NAV

17.673-0.164

(as on 26 Oct, 2020)

RETURNS

3.24 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Investment Plan

1%

Benchmark

IISL Nifty 200 TR INR

Asset Size

441.44 Cr.

(As of 30 Sep, 2020)

Risk

Moderate

Objective

The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

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Fund manager

Abhijeet Dey

Exit load

N / A

Minimum sip

₹500

Minimum investment

₹500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Infosys Ltd

9.48%

HDFC Bank Ltd

7.21%

ICICI Bank Ltd

5.61%

Reliance Industries Ltd

5.57%

Sector Allocation

About the Scheme Type

ELSS or Equity Linked Saving Schemes can help you with a two-fold benefit of saving your taxes and growing your money. ELSSare open-ended Equity Mutual Funds, investments in which qualify for tax exemptions under section 80C of the Income Tax Act of 1961. The scheme invests at least 80% of its total assets in equity and equity-linked instruments and comes with a mandatory lock-in period of 3 years. Returns from ELSS investments over and above 1 lac rupees are subject to LTCG (Long-Term Capital Gains) Tax at 10%.Given that these funds are passively managed, it also reduces the expense ratio and other fees making them cost efficient.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

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Overview of BNP Paribas Asset Mgmt India Pvt. Ltd

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