With reference to our Notice No. 20190212-20, MFIs/MFDs/RIAs are hereby informed that BNP PARIBAS DYNAMIC EQUITY FUND scheme is reopen for ongoing subscription and redemption along with SIP facility with immediate effect from March 11, 2019.
The details of the scheme are attached in Annexure.
The SIP/ISIP/XSIP investment amount range and requirement of minimum installment numbers for the schemes are given below:
|
SIP FREQUENCY
|
SIP INVESTMENT AMOUNT RANGE
|
MINIMUM NUMBER OF INSTALLMENT
|
|
DAILY & MONTHLY
|
RS. 300 TO RS.499
|
20
|
|
RS. 500 TO RS.999
|
12
|
|
RS. 1000 TO ANY AMOUNT
|
6
|
|
QUARTERLY
|
RS. 1000 TO ANY AMOUNT
|
6
|
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 Daily, Monthly and Quarterly frequency between above investment amount range then minimum installment numbers should be selected by members as provided in above table to avoid rejections from AMC end.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Assistant General Manager – Mutual Funds |