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BNP Paribas Medium Term Income puts an exit load

BNP Paribas Mutual Fund has revised the exit load of the follwing schemes:

Scheme NameExisting Exit LoadRevised Exit Load
BNP Paribas Medium Term IncomeNil1% if redeemed within 12 months
BNP Paribas Short Term IncomeNil0.50% if redeemed within 3 months

The effective date is January 30, 2015.

The fund house has also announced dividend under the dividend option of BNP Paribas Dividend Yield-D and BNP Paribas Dividend Yield Direct-D. The quantum of dividend will be ₹0.10 per unit.

The record date has been fixed as January 30, 2015.