Baroda BNP Paribas Mutual Fund
Baroda BNP Paribas Mutual Fund operates as a collaborative effort between the Bank of Baroda (50.1%) and BNP Paribas Asset Management Asia Ltd (49.9%). The formalisation of this partnership took place on October 11, 2019, when both entities signed binding agreements to merge their Asset Management and Trustee Companies in India. Following the necessary regulatory approvals and completion of formalities, the merger became effective on March 14, 2022. Presently, their representatives are strategically located in 90 cities across India. Additionally, the joint venture extends its services to include offshore advisory. As of December 2023, the company's Assets Under Management (AUM) amounted to Rs.33176 crores.
Baroda BNP Paribas Mutual Fund snapshot
Inception date | November 24, 1994 |
Sponsor (s) | Bank of Baroda & BNP Paribas Asset Management Asia Limited |
Chief Executive Officer | Mr. Suresh Soni |
Chief Investment Officer | Mr. Sanjay Chawla |
No. of Schemes | 37 |
Average AUM (Rs. in Crores) | 37963.82 |
As on February 2024
21.06% | |
19.21% | |
18.76% | |
16.86% | |
How to invest in Baroda BNP Paribas Mutual Fund
Invest in Baroda BNP Paribas Mutual Fund easily using the Kotak Neo app. It’s simple, quick and convenient.
Here are the steps to begin investing through Kotak Neo:
- Login with your credentials (mobile number/PAN/QR code)
- Click on Invest and select ‘Mutual Funds’ from other investments
- Select the fund of your choice and begin investing
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