BNP Paribas Mutual Fund

 

BNP Paribas Mutual Fund has great local market knowledge from several market cycles and condition, also managing investments across the world. It has strong financial backup by best rated banks around the world. The fund house’s investment partners manage assets over EUR 478 billion across 40 countries having presence in Europe, Asia and the America. BNP Paribas is the 6^th largest asset manager in Europe and a leading asset management company in the world offering the best and versatile range of products in the market.

BNP Paribas mutual fund has about 700 investment professionals working in approximately 60 investment centers. All of these investment professionals are specialists in their domain or market class and type of product. BNP Paribas mutual fund today offers 114 schemes under which the total AUM is more than Rs 5411 crores.

BNP Paribas Mutual Fund has strong management team comprising Mr. Sharad Sharma as CEO, Mr. Anand Shah as Chief Investment Officer, Mr. Abhijeet Dey as Equity Research Analyst, Mr. Neeraj Saxena as Equity Dealer, Mr. Ronak Neegandhi as Credit Analyst, Mr. Prithipal Singh as Head of Sales, Mr. Allwyn Monteiro as Investors Relation Officer, Mr Jayant Singh as Head of Risk Management, Ms Jyothi Krishnan as Head of Compliance, Legal and Secretarial, Mr. Vineet Nayyar as Chief Financial Officer, Mr. Amit Borkar as Head of Investment Operations, Mr. Vivek Kudal as Head of Operations.

Types of Fund:

BNP Paribas Equity Fund

All of us should invest our money wisely to get best rate of return. It is proven that for long-term goals, everyone should invest some part of their earnings in the equity market to beat inflation and to create the wealth for a particular reason. If a person invests in bank a FD or RD then the rate of interest will be around the inflation rate only. So, essentially the value of the money a person invests on a day will be the same as on the maturity day, due to inflation. Thus, signifying that the investor hasn’t earned anything on his investment as the maturity amount is of the same value as before. It is more likely a person can get better returns on investments in the long run if investment is done in equity market or instruments investing in the equity market.

S. No.	Fund Name	Fund Details	Risk Factor	AUM (Approx)
1	BNP Paribas Equity Fund – Direct Plan – Growth Option	Wealth Creation, Large & Mid Cap Companies	Moderately High Risk	INR 53.31 Cr
2	BNP Paribas Equity Fund Dividend Option	Wealth Creation, Large & Mid Cap Companies	Moderately High Risk	INR 1336.02 Cr
3	BNP Paribas Equity Fund – Direct Plan	Wealth Creation, Large & Mid Cap Companies	Moderately High Risk	INR 53.31 Cr
4	BNP Paribas Equity Fund Growth Option	Wealth Creation, Large & Mid Cap Companies	Moderately High Risk	INR 1336.02 Cr
5	BNP Paribas Dividend Yield Fund – Dividend Option	Wealth Creation, High Dividend Yield	Moderately High Risk	INR 194.02 Cr
6	BNP Paribas Dividend Yield Fund – Direct Plan – Dividend Option	Wealth Creation, High Dividend Yield	Moderately High Risk	INR 5.84 Cr
7	BNP Paribas Dividend Yield Fund – Growth Option	Wealth Creation, High Dividend Yield	Moderately High Risk	INR 194.02 Cr
8	BNP Paribas Dividend Yield Fund – Direct Plan – Growth Option	Wealth Creation, High Dividend Yield	Moderately High Risk	INR 5.84 Cr
9	BNP Paribas Mid Cap Fund – Dividend Option	Wealth Creation, Small & Mid Cap	High Risk	INR 500.27 Cr
10	BNP Paribas Mid Cap Fund – Direct Plan – Dividend Option	Wealth Creation, Small & Mid Cap	High Risk	INR 62.27 Cr
11	BNP Paribas Mid Cap Fund – Growth Option	Wealth Creation, Small & Mid Cap	High Risk	INR 500.27 Cr
12	BNP Paribas Mid Cap Fund – Direct Plan – Growth Option	Wealth Creation, Small & Mid Cap	High Risk	INR 62.27 Cr
13	BNP Paribas Long Term Equity Fund – Direct Plan – Growth Option	Wealth Creation, Income Tax Rebate	Moderately High Risk	INR 5.49 Cr
14	BNP Paribas Long Term Equity Fund – Dividend Option	Wealth Creation, Income Tax Rebate	Moderately High Risk	INR 476.9 Cr
15	BNP Paribas Long Term Equity Fund – Growth Option	Wealth Creation, Income Tax Rebate	Moderately High Risk	INR 441.69 Cr
16	BNP Paribas Long Term Equity Fund – Direct Plan	Wealth Creation, Income Tax Rebate	Moderately High Risk	INR 5.49Cr

BNP Paribas Fixed Income Funds

These funds invest in fixed income securities like corporate debentures, government bonds, government securities and other money market securities having low risk with fixed income which serve as a smart option to invest and diversify our portfolio. These types of securities help in withstanding market turbulence when the market is chaotic and confusing.

S. No.	Fund Name	Fund Details	Risk Factor	AUM (Approx)
1	BNP Paribas Medium Term Income Fund Direct Plan Annual Dividend	Fixed Income, Debt and Money Market Instrument	Moderate	INR 116.25
2	BNP Paribas Medium Term Income Fund Annual Dividend	Fixed Income, Debt and Money Market Instrument	Moderate	INR 305.29
3	BNP Paribas Monthly Income Plan-Regular Plan- Monthly Dividend Option	Regular Income, Capital Appreciation, Debt and Money Market	Moderate	INR 203.04
4	BNP Paribas Monthly Income Plan-Direct Plan- Monthly Dividend Option	Regular Income, Capital Appreciation, Debt and Money Market	Moderate	INR .58 Cr
5	BNP Paribas Flexi Debt Fund Growth Option	Regular Income, Debt and Money Market, Fixed Income	Moderate	INR 377.12 Cr
6	BNP Paribas Flexi Debt Fund –Direct Plan- Growth Option	Regular Income, Debt and Money Market, Fixed Income	Moderate	INR 16.38 Cr
7	BNP Paribas Bond Fund-Regular Plan-Annual Dividend Option	Regular Income, Debt and Money Market, Fixed Income	Moderate	INR 67.34 Cr
8	BNP Paribas Bond Fund-Direct Plan-Annual Dividend Option	Regular Income, Debt and Money Market, Fixed Income	Moderate	INR .11 Cr
9	BNP Paribas Short Term Income Fund – Regular Plan – Monthly Dividend Option	Regular Income, Debt and Money Market, Fixed Income	Moderately Low	INR 6.46 Cr
10	BNP Paribas Short Term Income Fund – Direct Plan – Monthly Dividend Option	Regular Income, Debt and Money Market, Fixed Income	Moderately Low	INR 17.02 Cr
11	BNP Paribas Government Securities Bond –Direct Plan- Growth	Capital Appreciation, Fixed Income, Invest in Government Securities	Moderately Low	INR 37.91 Cr
12	BNP Paribas Government Securities Bond – Growth	Capital Appreciation, Fixed Income, Invest in Government Securities	Moderately Low	INR 6.21 Cr
13	BNP Paribas Money Plus Fund Growth Option	Regular Income, Fixed Income, Govt Securities	Low	INR 200.62 Cr
14	BNP Paribas Money Plus Fund-Direct Plan- Growth Option	Regular Income, Fixed Income, Govt Securities	Low	INR 49.47 Cr

It happens with all of us that sometimes we are left with surplus money for a small period of time and we either let it be in our bank account or invest it in an FD. However, neither of the two options constitute the right approach. Investing in money market funds will yield better returns and provide the added advantage of instant liquidity of funds.

BNP Paribas Money Market Funds

S. No.	Fund Name	Fund Details	Risk Factor	AUM (Approx)
1	BNP Paribas Overnight Fund Daily Dividend Option	Regular Income, Debt & Money Market Instruments	Low	INR 285.39
2	BNP Paribas Overnight Fund – Direct Plan – Daily Dividend Option	Regular Income, Debt & Money Market Instruments	Low	INR 722.48

Fund Managers

1. Mr. Shreyash Devalkar

Shreyash is an engineer from UDCT, Mumbai and has done post graduate degree in management from JBIMS, Mumbai University. He has over 5 years of experience in equities market as an equity research analyst. He has command on the sectors like telecommunication services, Information Technology, Industrials and Utility Sectors.

He started his career as equity research analyst in IDFC Capital and he also worked with IDFC Asset Management. He also has 2 years of experience with JP Morgan Services and Calyon Bank.

Funds under Shreyash Devalkar:

• BNP Paribas Monthly Income Plan
• BNP Paribas Equity Fund
• BNP Paribas Dividend Yield Fund
• BNP Paribas Mid Cap Fund
• BNP Paribas Long Term Equity Fund

2. Mr. Mithraem Bharucha
Mithraem completed his Bachelor’s degree in Management Studies from Mumbai University after that he completed his Master’s in Business Administration in Finance. Mithraem is responsible for daily portfolio management administrative services.

3. Mr. Puneet Pal

Puneet has Bachelor’s degree in Commerce from Punjab University, Chandigarh and he is an alumnus of Symbiosis Institute of Management, Pune. He has over 10 years of experience in asset management. He is the head and part of the team of Fixed Income funds in BNP Paribas Mutual Fund. He was also the Senior Vice President and fund manager at UTI Mutual Funds and also he was associated with Tata Mutual fund.

Funds under Puneet Pal:

• BNP Paribas Medium Term Income Fund
• BNP Paribas Government Securities Fund
• BNP Paribas Short Term Income Fund
• BNP Paribas Bond Fund
• BNP Paribas Monthly Income Plan
• BNP Paribas Overnight Fund

4. Mr. Mayank Prakash

He is an Chartered Accountant and also completed his Master’s in Business Administration from Kanpur University. He has over 10 years of experience in debt fund management and currently working as the member of fund manager team of fixed income in BNP Paribas mutual fund. He was previously associated with Kotak Mahindra Asset Management Company Ltd till 2011.

Funds under Mayank Prakash:

• BNP Paribas Medium Term Income Fund
• BNP Paribas Monthly Income Plan
• BNP Paribas Flexi Debt Fund
• BNP Paribas Bond Fund
• BNP Paribas Short Term Income Fund
• BNP Paribas Government Securities Fund
• BNP Paribas Money Plus Fund
• BNP Paribas Overnight Fund

How to Complete Your KYC Check?

KYC (Know Your Customer) is a one-time customer identification process and a mandatory compliance requirement for investors who wish to invest in mutual funds. It has been made compulsory by the capital markets regulator SEBI (Securities and Exchange Board of India) for mutual fund investments in order to curb fraudulent activities.

The KYC Process can be initiated and completed with any of the following SEBI-registered intermediaries:

1. The Fund House (Asset Management Companies)
2. KYC Registration Agency (KRA) such as CAMS, Karvy, CSDL (Central Depository Services Limited) Ventures, NSDL (National Securities Depository Limited) and NSE-owned (National Stock Exchange) DotEx International Limited

To complete your Mutual Fund eKYC online, follow these steps, and you’ll be good to go:

Step 1: Visit the website of a fund house or any of the above-mentioned KRA’s website and create an investor account by filling in your personal details and your Aadhaar-linked mobile number so that you can verify the account using that OTP.

Step 2: Upload self-attested copies of your Identity Proof and Address Proof.

That’s all. Your eKYC process is done!

Documents Required for Mutual Fund Investment

Here is a list of official documents required to validate the identity and address of an investor:

1.  Identity Proof 

• Aadhaar Card
• PAN Card
• Passport
• Driving License

2. Address Proof

• Aadhar Card
• Driving License
• Passport
• Recent Utility Bill
• Rental/Lease Agreement

How to Invest in Mutual Funds via Paisabazaar.com?

Step 1: Go to Paisabazaar.com
Step 2: Select the ‘Mutual Fund’ option.
Step 3: If you are a registered user, login onto the platform using your mobile number and password/OTP. Or create a new account.
Step 4: Choose ‘Invest’ > ‘Explore All Funds’ on the left side bar.
Step 5: Select the BNP Paribas Mutual Fund of your choice. Now, all the details of the fund including NAV, risk level, etc. will appear.
Step 6: Enter the amount you wish to invest, select the investment type – SIP or Lumpsum, and click on the ‘Confirm & add to cart’ option.
Step 7: You can complete the payment using net banking of major Indian banks.

The mutual fund units will be allotted to you within 5 working days.

Frequently Asked Questions 

Q. What is an Asset Management Company (AMC)?

A. AMC is an organisation which manages the pooled funds from numerous investors and invests them in various financial securities to generate returns.

Q. What is Net Asset Value (NAV)?

A. Net Asset Value measures the performance of an individual mutual fund scheme of an AMC. In essence, it is the market valuation of the securities the fund has invested in. So, the NAV per unit is derived from dividing the total market value of all the invested securities by total number of units issued. Since, the number of unit holders and valuation of securities change everyday, the NAV of a mutual fund also changes accordingly.

Q. What is Expense Ratio?

A. Expense Ratio refers to a small amount of fee charged by Asset Management Companies annually to manage investors’ assets. It covers the operating and managing cost incurred by the AMC. It is a percentage of the total assets invested by the investor.

Q. What is Entry Load?

A. When an investor purchases units of a mutual fund scheme for the first time, s/he is charged a small amount of processing fee by the Asset Management Company which is known as an Entry Load.

Q. What is Exit Load?

A. When investors redeem their investment from a mutual fund scheme, s/he is charged a small amount of processing fee which is known as an Exit Load. It is also charged when investors choose to switch between different mutual fund schemes of a specific AMC.

List of BNP Paribas Mutual Fund Schemes