BNP Paribas MF Floats Debt Fund

BNP Paribas Mutual Fund has rolled out a 369 days closed-end debt fund.

BNP Paribas Mutual Fund has rolled out a 369 days closed-end debt fund, India Infoline reports. The BNP Paribas Fixed Term Fund - Series 22 D aims to achieve growth of capital through investments in a pool of fixed-income securities maturing on or before the maturity of the scheme. The fund offers both growth and dividend options. The new portfolio will be benchmarked against the Crisil Short Term Bond Fund Index and be managed by Alok Singh.

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