MF News Baroda MF and BNP Paribas MF will merge to become Baroda BNP Paribas MF

Baroda MF and BNP Paribas MF will merge to become Baroda BNP Paribas MF

Baroda MF and BNP Paribas MF have received SEBI's go ahead for merger.

Team Cafemutual Feb 1, 2022

Baroda Mutual Fund and BNP Partibas Mutual Fund have recieved SEBI's approval for merger. The new fund house will be named Baroda BNP Paribas Mutual Fund.

Baroda MF’s AAUM for quarter ended December 2021 was at Rs.12769 crore and for BNP Paribas AMC the number stood at Rs 9117 crore.

As a result, the new entity will have AUM of over Rs. 21,000 crore. The fund house has moved three spots up by surpassing PPFAS, LIC and PGIM to become the 20^th largest fund house in terms of AUM.

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2 Comments

A · 2 years ago `

Pls check the information. There is no acquisition. It's a MERGER. don't mislead people

b · 2 years ago

Please read the article again
Baroda Mutual Fund and BNP Partibas Mutual Fund have recieved SEBI's approval for merger. The new fund house will be named Baroda BNP Paribas Mutual Fund

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