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BNP Paribas MF revises minimum amt for certain schemes

BNP Paribas Mutual Fund pursuant to 'One-Scheme-One-Plan' structure has announced changes under certain schemes.

October 04, 2012 / 05:31 PM IST
BNP Paribas Mutual Fund pursuant to 'One-Scheme-One-Plan' structure has affirmed changes under BNP Paribas Bond Fund, BNP Paribas Short Term Income Fund, BNP Paribas Flexi Debt Fund, BNP Paribas Money Plus Fund & BNP Paribas Overnight Fund (Surviving Plans / Schemes). Henceforth the minimum amount / units for redemption / switch out in all the above mentioned schemes shall be Rs 1,000 and in multiples of  1 thereafter or a minimum of 100 units (unless redemption request is for all units).