Baroda BNP Mutual Fund has announced the resumption of subscription in its Baroda BNP Paribas Aqua FoF scheme, with effect from August 3, 2026. According to reports from the AMC, investors can now invest in the schemes through multiple channels including lumpsum investments, switch-ins, fresh SIP (Systematic Investment Plan) registrations, and STP (Systematic Transfer Plan) registrations. This marks the end of the temporary suspension that was implemented to manage overseas investment compliance requirements.
The suspension of new investments in the Baroda BNP Paribas Aqua FoF scheme was implemented on July 22, 2026, with the primary objective of avoiding any breach of limits for overseas investment. As reported by the AMC, this temporary measure was implemented to ensure compliance with regulatory requirements for overseas investment limits. The suspension period lasted approximately one month before the AMC decided to remove the restrictions.
With the resumption of subscription, investors now have access to multiple investment options through the Baroda BNP Paribas Aqua FoF scheme. According to the AMC announcement, investors can invest through lumpsum investments, switch-ins, fresh SIP registrations, and STP registrations. This comprehensive approach ensures flexibility for different investor preferences and investment strategies. However, the AMC has cautioned that "it may suspend fresh subscriptions again if the available overseas investment headroom approaches regulatory limits. Any such decision will be communicated separately to investors."
The Baroda BNP Paribas Aqua FoF scheme, launched on May 7, 2021, has delivered strong performance with a 16.33% return over the past year as of June 30, 2026. Managed by Swapna Shelar and benchmarked against the MSCI World Index, the fund managed assets worth ₹50.39 crore as of June 30, 2026, with a Net Asset Value (NAV) of ₹15.57 on July 31, 2026. The fund has generated an annualised return of 11.85% over three years, outperforming the benchmark return of 8.56%, though its five-year annualised return of 7.69% trails the benchmark's 10.40%. The scheme offers a minimum investment of ₹5,000 for lumpsum and ₹500 for SIPs, with an exit load of 1% if units are redeemed within 12 months.
The fund's SIP performance has remained encouraging despite market volatility, with a monthly SIP of ₹5,000 growing from ₹55,000 to ₹58,575 over one year. Over three years, an investment of ₹1.75 lakh would have appreciated to ₹2.16 lakh, while a five-year SIP investment of ₹2.95 lakh would now be worth approximately ₹4.03 lakh. The scheme maintains a Beta of 0.20, indicating relatively low sensitivity to broader market movements, with a Standard Deviation of 0.98 and a Sharpe Ratio of 0.06, suggesting modest risk-adjusted returns. All other provisions of the Scheme Information Document (SID), Key Information Memorandum (KIM) and Statement of Additional Information (SAI) remain unchanged according to the AMC.
