Baroda BNP Paribas lifts investment cap on international Aqua fund

Watch | How to navigate market cycles, pick the right mutual funds, and time your exits


Baroda BNP Paribas Mutual Fund has reopened investor access to its overseas-focused Baroda BNP Paribas Aqua Fund of Fund by removing restrictions on lumpsum investments and allowing fresh SIP and STP registrations from May 20.

The fund house has withdrawn the earlier cap of ₹5 lakh per day per investor on lumpsum investments, including switch-ins, in the international scheme. Fresh registrations under systematic investment plans (SIPs) and systematic transfer plans (STPs), which were earlier suspended, have also resumed.

The move comes nearly four years after several fund houses imposed curbs on international mutual fund inflows due to regulatory limits on overseas investments available to the industry.

According to the fund house, all fresh subscriptions — including lumpsum investments, SIPs, STPs and switch-ins — will continue to remain subject to overseas investment headroom available at the AMC level and within regulatory ceilings linked to overseas exposure as on February 1, 2022.

The AMC also said subscriptions may be moderated based on internal risk-management practices and can be restricted again if the overseas investment limit nears exhaustion.

Baroda BNP Paribas Aqua Fund of Fund, launched in May 2021, invests in the BNP Paribas Funds Aqua strategy overseas, which focuses on companies linked to water infrastructure, treatment and related services globally. The scheme had assets under management of about ₹36.71 crore as of April 2026, according to the latest available data.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *