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.
As of 31 March 2024, the company's AUM stood at Rs 35646.45 crores.
Key Information
- Mutual Fund Name
- Baroda BNP Paribas Mutual Fund
- AMC Setup Date
- 24 November 1994
- AMC
- BNP Paribas Asset Management India Private Limited
- AMC Incorporatin Date
- 5 November 1994
- Sponsor Name
- Bank of Baroda
- BNP Paribas Asset Management Asia Limited
- Trustee Organization
- Baroda BNP Paribas Trustee India Pvt. Ltd.
- Name of Trustees
- CIO
- Mr. Sanjay Chawla
- MD and CEO
- Mr.Suresh Soni
- Compliance Officer
- Ms. Richa Parasrampuria
- Investor Service Officer
- Mr. Vivek Kudal
List of Baroda BNP Paribas Mutual Fund in India
Top Fund Managers
1. Mr. Shiv Chanani
Before joining Baroda BNP Paribas, he was associated with ICICI Securities Ltd, Elara Securities (India) Pvt. Ltd., E. Fund Management (HK) Co. Ltd., Nippon Life India Asset Management Ltd, Sundaram Mutual Fund, Shivam Capstock Pvt Ltd etc.
He is PGDM from IIM Bangalore, CFA from USA and ICSI.
2. Mr. Sanjay Chawla
Before joining Baroda BNP Paribas Mutual Fund, he was a Senior Fund Manager with BSL AMC, worked as Head of Research with SBI Capital Markets and in diverse positions at IDBI Capital Markets, Motilal Oswal Securities, IIT Invest Trust & Lloyds Securities, SMIFS Securities, etc.
He holds a Masters degree in Management Studies from BITS Pilani.
3. Mr. Sandeep Jain
Before joining Baroda BNP Paribas Mutual Fund, he was associated with Sundaram Mutual Fund and Aditya Birla Sunlife Insurance.
Mr. jain is Chartered Accountant as well.
4. Mr. Jitendra Sriram
He worked with HSBC Securities, HSBC AMC, Deutsche Equities Pvt. Ltd., Capital Markets Pvt. Ltd., etc. before joining Baroda BNP Paribas Mutual Fund.
Mr. Sriram is a Bachelor of Engineering (Electrical) and has a post graduate diploma in Business Management.
5. Mr. Mayank Prakash
He is a CA and MBA (Finance) and has worked with Kotak AMC previously.
6. Mr. Pratish Krishnan
He was associated with DSP Merrill Lynch as Vice President-Research, SBI Capital Markets as Senior research Analyst, Antique Stock Broking as Senior Analyst- IT, Telecom & Media, Cholamandalam DBS Finance LTD as Research Analyst, etc.
He has done MMS in Finance.
7. Mr. Prashant R Pimple
He has a total experience of more than 10 years in debt fund management.
He has worked with Nippon Life Asset Management Limited, Fidelity International Limited Asset Management Company, ICICI Bank Ltd., Bank of Bahrain and Kuwait, B.S.C., The Saraswat Co-operative Bank Ltd., etc. before joining Baroda BNP Paribas Mutual Fund.
8. Mr. Vikram Pamnani
He has worked with Essel Finance AMC Ltd., Canara Robeco AMC Ltd., Deutsche Bank etc. He has a PGDM in Finance.
9. Mr. Neeraj Saxena
Before joining Baroda BNP Paribas AMC, he worked with Karvy Stock Broking, Stratcap Securities, and Iden Investment Advisors. He is a PGDBA in finance and a Masters in Organic Chemistry