BNP Paribas Mutual Fund has introduced 'Daily STP' facility with effect from April 01, 2015.
The transferor schemes include BNP Paribas Overnight Fund, BNP Paribas Money Plus Fund and BNP Paribas Short Term Income Fund.
The transferee schemes include BNP Paribas Equity Fund, BNP Paribas Dividend Yield Fund, BNP Paribas Midcap Fund and BNP Paribas Long Term Equity Fund.
The facility can be exercised on any business day for a minimum of 20 transfers of ₹1000.
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