Baroda BNP Paribas Mutual Fund
Baroda BNP Paribas Mutual Fund is a joint venture between the Bank of Baroda and BNP Paribas Asset Management Asia Ltd. On October 11, 2019, these 2 companies came into a binding agreement to merge their AMC and Trustee Companies.
March 14, 2022, marked the period when the entities got merged effectively.
It has been stated that the Bank of Baroda (parent company of Baroda AMC) will tend to hold a 50.1% stake in the merged entity, while on the other hand, BNP Paribas AMC will hold the remaining 49.9%.
Currently, the representatives of the merged AMC have a prominent presence across 90 Indian cities.
The Baroda BNP Paribas Mutual Fund offers approx 34 mutual fund schemes which cover equity schemes, hybrid schemes, debt schemes, etc.
Key Information
- Mutual Fund Name
- Baroda BNP Paribas Mutual Fund
- AMC Setup Date
- 24 November 1994
- AMC
- Baroda BNP Paribas Mutual Fund
- AMC Incorporatin Date
- 2004-04-15T00:00
- Sponsor Name
- Bank of Baroda
- BNP Paribas Asset Management Asia Limited
- Trustee Organization
- Baroda BNP Paribas Trustee Ind Pvt Ltd
- Name of Trustees
- CIO
- Sanjay Chawla(Chief Investment Officer-Equity), Prashant R Pimple(Chief Investment Officer-Debt)
- MD and CEO
- Mr.Suresh Soni
- Compliance Officer
- Ms. Richa Parasrampuria
- Investor Service Officer
- Mr. Vivek Kudal
- Total AUM (as of end of last quarter)
- 51437.3757