History of Baroda BNP Paribas Mutual Fund
Bank of Baroda partnered with BNP Paribas Asset Management to form Baroda BNP Paribas Mutual Fund in 2022. Bank of Baroda will have a 50.1% stake in the AMC, while BNP Paribas Asset Management will hold the remaining 49.9%. As of December 31, 2024, the company's assets under Management stood at Rs 46,791 crores. Baroda BNP Paribas Mutual Fund will offer 42 schemes across equity, hybrid, debt, and overseas fund of funds.
Baroda BNP Paribas Mutual Fund was established as a trust under the Superseding Trust Deed dated February 14, 2011 and First Supplemental Deed of Trust dated July 24, 2019. The Fund was initially constituted as ABN AMRO Mutual Fund by the provisions of the Indian Trusts Act, 1882, by the original Sponsor, ABN AMRO Bank N.V., as per the terms of the Trust Deed dated April 15, 2004, and consequent to global restructuring, the Fund was renamed from ABN AMRO Mutual Fund to Fortis Mutual Fund in 2008.
Since 2010, it has been named BNP Paribas Mutual Fund. Baroda BNP Paribas Mutual Fund was initially registered with the SEBI on May 27, 2004. After a change in sponsor, it was registered again with SEBI on October 20, 2010. BNP Paribas Trustee India Private Limited acts as the Trustee of the BNP Paribas Mutual Fund under Trust Deed (February 14, 2011), executed between the Trustee and the Sponsor.
Key Information About Baroda BNP Paribas Mutual Fund
How to Invest in the Baroda BNP Paribas Mutual Fund
Investing in the best Baroda BNP Paribas Mutual Funds can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
According to your risk tolerance (low, mid, or high) and financial goals, choose your mutual types, such as equity, debt, hybrid, index, and sector funds.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred Baroda BNP Paribas Mutual Fund.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). Alternatively, if you have a large amount to invest, you can make a lump-sum investment. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best Baroda BNP Paribas Mutual Funds in India
Here is the list of some of the best Baroda BNP Paribas Mutual Funds in India:
* All data as of 28 Feb 2025
Detailed Overview of Baroda BNP Paribas Mutual Fund Schemes
Now, let’s discuss these 10 Baroda BNP Paribas Mutual Fund schemes in detail:
1. Baroda BNP Paribas India Consumption Fund - Direct Plan-Growth
Baroda BNP Paribas India Consumption Fund is an open-ended equity scheme investing in companies that are expected to help by providing products and services to the growing consumption demands of Indian consumers. This is fuelled by high disposable income to generate capital appreciation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 16.35% and 17.69%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹15756.63.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas India Consumption Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
2. Baroda BNP Paribas Mid Cap Fund - Direct Plan-Growth
Baroda BNP Paribas Mid Cap Fund is an open-ended equity scheme investing primarily in companies with high growth opportunities in the mid-capitalization segment to generate long-term capital appreciation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 17.52% and 22.64%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16236.17.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Mid Cap Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
3. Baroda BNP Paribas GILT Fund - Direct Plan-Growth
Baroda BNP Paribas GILT Fund is an open-ended debt scheme mainly investing in government securities across maturity. It has a relatively high interest rate and low credit risk.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.98% and 6.32%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12247.54.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas GILT Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
4. Baroda BNP Paribas Arbitrage Fund - Direct Plan-Growth
Baroda BNP Paribas Arbitrage Fund is an open-ended scheme investing in a diversified portfolio of equity and equity-related instruments, including using equity derivatives strategies and arbitrage opportunities with exposure to debt and money market instruments.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.93% and 5.93%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12228.08.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Arbitrage Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
5. Baroda BNP Paribas Corporate Bond Fund - Direct Plan-Growth
Baroda BNP Paribas Corporate Bond Fund is an open-ended debt scheme that predominantly invests in AA+ and above-rated corporate bonds. It has a relatively high interest rate and moderate credit risk.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.17% and 6.04%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹11968.66.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Corporate Bond Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
6. Baroda BNP Paribas Focused Fund - Direct Plan-Growth
Baroda BNP Paribas Focused Fund is an open-ended equity scheme that invests in a concentrated portfolio of equity and equity-related instruments of up to 30 companies across market capitalization (i.e. multi-cap stocks)) to generate long-term capital growth.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 11.99% and 15.08%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹114049.29.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Focused Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
7. Baroda BNP Paribas Equity Savings Fund - Direct Plan-Growth
Baroda BNP Paribas Equity Savings Fund is an open-ended hybrid scheme investing in equity, arbitrage and debt instruments to generate long-term capital appreciation and income generation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 9.03% and 9.21%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12963.75.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Equity Savings Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
8. Baroda BNP Paribas Business Cycle Fund - Direct Plan-Growth
Baroda BNP Paribas Business Cycle Fund is an open-ended equity scheme investing primarily in equity and equity-related securities, emphasising riding business cycles through dynamic allocation between several sectors and stocks at various stages of business cycles in the economy.
- Fund Performance: The fund's annualized returns for the past three years and since inception have been around 14.02% and 10.79%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹14830.07.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Business Cycle Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
9. Baroda BNP Paribas Ultra Short Duration Fund - Direct Plan-Growth
Baroda BNP Paribas Ultra Short Duration Fund is an open-ended ultra short-term debt scheme investing in instruments such that the portfolio’s Macaulay duration is between 3 months and 6 months.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.86% and 5.86%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12204.79.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Ultra Short Duration Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
10. Baroda BNP Paribas Aggressive Hybrid Fund - Direct Plan-Growth
Baroda BNP Paribas Aggressive Hybrid Fund is an open-ended hybrid scheme investing primarily in equity & equity-related instruments and the rest in debt & money market securities to generate income and capital appreciation.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 13.80% and 15.88%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹114741.44.
- Minimum Investment Amount: The minimum lump sum for the Baroda BNP Paribas Aggressive Hybrid Fund is ₹5000; for Min Add Lumpsum, it is ₹1000; for SIP, it is ₹ 500 (Daily, Weekly, Monthly) and ₹ 1500 (Quarterly).
Top Fund Managers
Below is the list of people who have made Baroda BNP Paribas Mutual Fund Investment a standout choice in a highly competitive market.
1. Sanjay Chawla
Sanjay Chawla is Chief Investment Officer of Equity at Baroda BNP Paribas AMC. He has over 34 years of experience in fund management, equity research and Management Consultancy. Previously, he worked with Baroda Asset Management India Limited as Chief Investment Officer and Birla SunLife AMC as Sr. Fund Manager-Equity, handling various schemes with different strategies.
2. Jitendra Sriram
Jitendra Sriram is Senior Fund Manager of Equity at Baroda BNP Paribas AMC. He has around 27 years of experience in the investment segment. Previously, he was Senior Vice President with Prabhudas Lilladher Portfolio Management Services.
3. Pratish Krishnan
Pratish Krishnan is Fund Manager and Senior Analyst at Baroda BNP Paribas AMC. He brings around 24 years of extensive experience in equity markets, covering fund management and equity research. Previously, he worked with leading institutional brokerage houses such as Bank of America Merrill Lynch, Antique Finance, and SBI Capital Markets in equity research.
4. Prashant Pimple
Prashant Pimple is the Chief Investment Officer of Fixed Income at Baroda BNP Paribas AMC. He is a seasoned asset management professional with 25 years of rich experience in the fixed-income segment. Before joining this AMC, he worked as Senior Fixed Income Fund Manager with Nippon India Mutual Fund for over 16 years.
5. Vikram Pamnani
Vikram Pamnani is the senior fund manager of fixed income at Baroda BNP Paribas AMC. He brings over 15 years of experience in the Fixed Income domain. Previously, he worked with Essel Finance AMC, where he spent over 3 years playing a crucial part in the fund management of mutual fund schemes.
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