The entire exposure of this fund will be in the Media sector in the beginning and may be it is later extended to companies related to sports and other recreational events. The name of the fund is BNP Paribas Entertainment Opportunities Fund. In this article, I will attempt to highlight the good and bad of this fund and whether one should invest in BNP Paribas Entertainment Opportunities Fund.
What is the NFO period for Sundaram BNP Paribas Entertainment Opportunities Fund?
The Sundaram BNP Paribas Entertainment Opportunities Fund will open for subscription on Aril 24 and close on May 20.
Which benchmark index will Sundaram BNP Paribas Entertainment Opportunities Fund be tracking?
The BNP Paribas Financial Services Opportunities Fund will be tracking the CNX Bank Index S&P CNX Media and Entertainment Index.
Where will the Sundaram BNP Paribas Entertainment Opportunities Fund invest?
Initially, the Sundaram BNP Paribas Entertainment Opportunities Fund will invest in some niche media companies. For example, it may be Balaji Telefilms, Adlabs, etc. Probably that’s why there are many media IPO’s in making, like the Shahrukh Khan led Red Chillies Entertainment IPO. The fund will primarily focus on the entertainment and media industry sector. The fund may also invest in the global markets in the similar sector, as the need arises and valuations appear to be good.
What investment options are available in Sundaram BNP Paribas Entertainment Opportunities Fund?
Three options are available
• Dividend Payout
• Dividend Reinvestment
• Growth
These options are available to both institutional and retail investors.
Entry Load and Exit Load charges for Sundaram BNP Paribas Entertainment Opportunities Fund ?
Standard Entry load of 2.25 per cent will be applicable on investments of less than Rs 2 crore. No entry load will be charged on investment equal to or more than Rs 2 crore
Related: Sundaram BNP Paribas Financial Services Opportunities Fund Review
Any tax benefit available in Sundaram BNP Paribas Entertainment Opportunities Fund?
No tax benefit is available in Sundaram BNP Paribas Entertainment Opportunities Fund.
What are the risks of Sundaram BNP Paribas Entertainment Opportunities Fund?
The biggest risk is exposure only to the entertainment and media sector. Coming out with such a bank specific fund is a bit risky.
| Anyways, things work randomly. Investors who are having faith in Sundaram BNP Paribas Entertainment Opportunities Fund Management can bet their money on it and pay the commission to the fund manager. | Table of Contents |
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