MFIs/MFDs/RIAs are hereby informed that BNP PARIBAS Mutual Fund will be offering BNP PARIBAS DYNAMIC EQUITY FUND - NFO alongwith SIP facility from February 14, 2019 to February 28, 2019 on the BSE StAR MF Platform.
The details of the scheme are attached in Annexure.
The SIP/ISIP/XSIP invesmtent amount range and requirement of minimum installment numbers for the schemes are given below:
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SIP FREQUENCY
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SIP INVESTMENT AMOUNT RANGE
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MINIMUM NUMBER OF INSTALLMENT
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MONTHLY
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RS. 300 TO RS.499
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20
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RS. 500 TO RS.999
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12
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RS. 1000 TO ANY AMOUNT
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6
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QUARTERLY
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RS. 1000 TO ANY AMOUNT
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6
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MFIs/MFDs/RIAs are also hereby informed that, as confirm by BNP PARIBAS AMC if SIP/ISIP/XSIP's gets registered on BSE star MF platform under BNP PARIBAS DYNAMIC EQUITY FUND for Monthly and Quarterly frequency between above invesmtent amount range then minimum installment numbers should be selected by members as provided in above table to avoid rejections from AMC end.
As confirm by BNP PARIBAS AMC, for SIP/ISIP/XSIP's registarion under Quarterly frequency, MFIs/MFDs/RIAs should select dates only for the months of January, April, July & October.
MFIs/MFDs/RIAs are also hereby informed that, AMC confirmed that allotment for above scheme will be done on March 08, 2019 hence the clear funds has to be available in ICCL Account by 3.00pm on March 06, 2019.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Assistant General Manager – Mutual Funds |