NSE · Corporate Action · Low
Baroda BNP Paribas AMC merges four mutual fund schemes, effective Aug 21
Two fund pairs will consolidate: SDL Index funds and credit risk into short duration. Investors have until Aug 20 to exit without exit load.
What changed
- Baroda BNP Paribas Nifty SDL Dec 2026 Index Fund merges into Dec 2028 Index Fund
- Baroda BNP Paribas Credit Risk Fund merges into Short Duration Fund
- Exit load waiver from Jul 22 to Aug 20; no new inflows after Aug 18
The read
Baroda BNP Paribas is rationalising its fund roster. The Nifty SDL December 2026 Index Fund will fold into the December 2028 variant, and the Credit Risk Fund into the Short Duration Fund, effective August 21. Dissenting investors get a nearly month-long window from July 22 to August 20 to redeem or switch without exit load. After August 18, no new money can enter the merging schemes. For existing SIP/STP/SWP holders, the transitions are automatic. Routine consolidation; no market impact.
Baroda BNP Paribas Nifty SDL December 2026 Index FundBaroda BNP Paribas Credit Risk Fundexit load waiver through Aug 20
Primary source: official circular (PDF)