The Bank of Baroda (50.1%) and BNP Paribas Asset Management Asia Ltd. (49.9%) are partners in the Baroda BNP Paribas Mutual Fund. On October 11, 2019, the two businesses formally agreed to join their respective Indian Asset Management and Trustee Companies. The entities amalgamated on March 14, 2022, following completion of the relevant procedures and receipt of regulatory permissions. Currently, they have representatives in 90 Indian cities. Additionally, the joint venture provides offshore consulting services.
As of May 31, 2022, Baroda BNP Paribas Mutual Fund provided 31 mutual fund plans. Of them, 16 are debt schemes, 1 is another, 9 are equity schemes, 5 are mixed schemes.
According to AUM as of July '22, the company's three largest schemes are Baroda BNP Paribas Liquid Fund, Baroda BNP Paribas Balanced Advantage Fund, and Baroda BNP Paribas Multi Cap Fund.
The management team of BNP Paribas Mutual Fund includes key figures such as Mr. Sharad Sharma as CEO, Mr. Anand Shah as Chief Investment Officer, Mr. Abhijeet Dey as Equity Research Analyst, Mr. Neeraj Saxena as Equity Dealer, Mr. Ronak Neegandhi as Credit Analyst, Mr. Prithipal Singh as Head of Sales, Mr. Allwyn Monteiro as Investors Relation Officer, Mr Jayant Singh as Head of Risk Management, Ms. Jyothi Krishnan as Head of Compliance, Legal, and Secretarial, Mr. Vineet Nayyar as Chief Financial Officer, Mr. Amit Borkar as Head of Investment Operations, and Mr. Vivek Kudal as Head of Operations.
Key information about Baroda BNP Paribas Mutual Fund
Mutual fund name:
BNP Paribas Mutual Fund
Founded in:
April 15, 2004
AMC incorporation date:
November 4, 2004
Sponsor name:
BNP Paribas Asset Management Asia Limited
Trustee organization:
BNP Paribas Trustee India Private Limited
How to invest in Baroda BNP Paribas Mutual Fund schemes?
Investing in mutual funds is easy with Bajaj Finserv. If you are a new investor, follow the below steps. For customers who have invested with us, please skip directly to step 7.
Choose a mutual fund category and a scheme that suits your goals and click on Invest Now.
Sign into Bajaj Finserv to setup your mutual fund account.
Verify your details using your PAN, Name, DOB, and Email ID. If your KYC is not complete, you will have to upload your address proof and complete video KYC.
Enter your bank details.
Upload your signature and provide additional details to continue.
Choose whether you want to invest in SIP or lumpsum and enter the investment amount. Click on INVEST.
Choose your payment mode (net-banking, UPI, NEFT/RTGS) and make the payment.
Wait for 2-3 working days for your investment to reflect in your portfolio.
Documents required to invest in Baroda BNP Paribas Mutual Fund
If you are an existing customer, no documents are required for investment. However, for new customers keep the following documents handy before investing:
How to start a Baroda BNP Paribas Mutual Fund SIP online?
One can start an SIP in a Baroda BNP Paribas Mutual Fund scheme online through the Bajaj Finserv platform and app without any hassle. Alternatively, you can also invest through the respective fund houses’ website.
How to calculate Baroda BNP Paribas Mutual Fund SIP?
You can check the minimum required amount to start an SIP in a Baroda BNP Paribas Mutual Fund scheme on the Bajaj Finserv Platform.
How to redeem Baroda BNP Paribas Mutual Fund?
If you have invested in a Baroda BNP Paribas Mutual Fund scheme through the Bajaj Finserv platform, you can easily redeem it through the Bajaj Finserv website or app.
How to increase SIP amount in Baroda BNP Paribas Mutual Fund?
If you have invested in a Baroda BNP Paribas Mutual Fund scheme through the Bajaj Finserv platform, you can easily increase your SIP amount through the Bajaj Finserv website or app.
How to stop a SIP in a Baroda BNP Paribas Mutual Fund online?
If you have invested in any Baroda BNP Paribas Mutual Fund scheme through the Bajaj Finserv platform, you can stop or cancel an SIP by logging into your account on the Bajaj Finserv platform and app without hassle.
Are BNP Paribas Mutual Fund schemes tax-free?
You can get tax-benefits under section 80C by investing in ELSS mutual funds offered BNP Paribas Mutual Fund.
How can I get the BNP Paribas Mutual Fund statement?
If you have invested in any BNP Paribas Mutual Fund scheme through the Bajaj Finserv platform, you can get your statement online on the Bajaj Finserv website or app.
Disclaimer
Bajaj Finance Limited (“BFL”) is a Non-Banking Financial Company carrying the business of acceptance of deposits, providing lending solutions to Retail & Corporate customers, and is a Corporate agent of various insurance Companies. BFL is also registered with the Association of Mutual Funds in India (“AMFI”) as a distributor of third party Mutual Funds (shortly referred as ‘Mutual Funds’).
BFL does NOT:
(i) provide investment advisory services in any manner or form;
(iv) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.
In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on ‘As-is’ basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme /Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities. The NAV will inter-alia be exposed to Price / Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other / better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.
Bajaj Finserv Direct Limited, (“BFDL”), a wholly owned subsidiary of Bajaj Finserv Limited (is a Registered with SEBI as an Investment Advisor with Registration no. INA000016083). BFDL enables resident Indian customers to directly invest in third party mutual funds through its online platform. BFDL entered into a referral arrangement with BFL, whereunder, BFL may, without risk or responsibility on its part, refer the resident Indian customers who are interested in placing their investments in Direct Mutual Funds through BFDL online platform. Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.
Disclaimer on Risk-O-Meter:
Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc. and shall also consult their financial advisers, if they are unsure about the suitability of the scheme before investing