Mumbai, Mar 16: Baroda BNP Paribas Asset Management India Private Limited, a joint venture between India’s leading state-owned bank and Europe’s renowned asset manager is celebrating its fourth anniversary with a significant milestone of crossing Rs 55,000+ crore assets under management (AUM).
The 4th anniversary is marked by an expansion in presence to 26 cities with additional coverage of over 132 cities nationwide, reinforcing its position as a full-service asset management company in India.
“Our fourth anniversary represents marks a significant step in our ongoing effort to make mutual fund investing more accessible across Bharat. Our journey so far has been built on trust, disciplined investing and long-term partnership with our investors and distributors. Over the Last 4 years, the company has focused on building a robust product suite across equity, debt and hybrid categories while deepening it’s reach amongst retail investors, HNIs and Institutional clients. As awareness and interest in mutual funds continue to grow across the country, we remain focused on supporting investors & partners with simple and transparent solutions,” said Sanjay Kumar Grover, MD & CEO, Baroda BNP Paribas Asset Management (India) Private Limited.
The growth in AUM is supported by sustained performance across the schemes. The performance has been driven by a robust process-oriented approach in research-backed investment strategies across multiple asset classes. “With our brand promise of ‘Together for More,’ our focus remains on delivering sustainable returns, generating alpha, and creating wealth for investors across all time horizons,” said Mr. Grover.
In November 2025, Baroda BNP Paribas Asset Management India Pvt. Ltd. launched India’s first-ever fund offering investors direct access to the US small-cap market — the Baroda BNP Paribas GIFT US Small Cap Fund. The fund is also the first GIFT City-based fund investing in US small-cap companies, giving Indian investors an alternate route to participate in the US equity markets through a regulated, dollar-denominated investment fund leveraging the remittance limits allowed to Resident Indians by the RBI under the Liberalised remittance scheme.
The fund house also manages offshore equity funds from institutional and retail investors in Europe and Asia. Looking ahead, Baroda BNP Paribas Asset Management India Private Limited plans to expand its product suite with the addition of SIFs and more funds on the GIFT City platform.
As it celebrates its fourth anniversary, Baroda BNP Paribas Asset Management India Pvt Ltd continues to expand its footprint, delivering a blend of global expertise and local insights to help investors achieve their financial goals.
