BNP Paribas Mutual Fund Announces Dynamic Equity Fund NFO

BNP Paribas Mutual Fund has announced a New Fund Offer (NFO) for BNP Paribas Dynamic Equity Fund. The NFP period begins on February 14, 2019 and will closed on February 28, 2019. This open-ended Dynamic Asset Allocation Fund aims to provide capital appreciation by

Investing in equity instruments (including arbitrage exposure) as well as fixed income securities.

Asset Allocation of BNP Paribas Dynamic Equity Fund

BNP Paribas Dynamic Equity Fund will allocate its funds to different asset classes in the following manner:

Asset Class	Minimum Allocation	Maximum Allocation
Equity & Equity related instruments including derivatives	65%	100%
Debt & Money Market Instruments (including cash and money at call)	0%	35%
Units issued by REITs & InvITs	0%	10%

The scheme will invest a maximum of 25% of its assets in foreign equity and equity related securities, American Depositary Receipts and Global Depositary Receipts. The scheme will not indulge in short selling and will also not participate in Credit Default Swaps (CDS) for Corporate Bonds.

Benchmark of BNP Paribas Dynamic Equity Fund

The performance of the BNP Paribas Dynamic Equity Fund will be benchmarked against CRISIL Hybrid 35+65 – Aggressive Index. The below table gives the returns generated by this benchmark index over different periods of time.

Index	1 Year Returns	3 Year Returns	5 Year Returns
CRISIL Hybrid 35+65 – Aggressive Index	0.19%	12.20%	13.22%

(Data as on January 31, 2019; Source: CRISIL)

Fund Manager of BNP Paribas Dynamic Equity Fund

The equity portion of the BNP Paribas Dynamic Equity Fund will be jointly managed by Mr. Karthikraj Lakshmanan and Mr. Abhijeet Dey. The debt portion of this hybrid scheme will be managed by Mr. Mayank Prakash.

Key information about Dynamic Equity Fund NFO

NFO period	February 14, 2019 – February 28, 2019
Minimum application amount	Lump sum – Rs. 5,000 Daily/Weekly/Monthly SIP – Rs 300 Quarterly SIP  – Rs. 1,000
Exit load	1% – If units of the scheme are redeemed within 12 months from the date of allotment. Nil – If units of the scheme are redeemed up to 10% of the units within 12 months from the date of allotment. Nil – If units of scheme are redeemed after 12 months from the date of allotment.
Benchmark	CRISIL Hybrid 35+65 – Aggressive Index
Fund Manager	Karthikraj Lakshmanan and Abhijeet Dey (Equity portion) Mayank Prakash (Debt portion)