Baroda BNP Paribas Mutual Fund has announced the merger of two of its schemes, effective August 21, 2026. According to the fund house announcement, the merger will result in the elimination of two existing schemes while creating two new funds for unitholders.
As reported by the fund house, Baroda BNP Paribas Nifty SDL December 2026 Index Fund and Baroda BNP Paribas Credit Risk Fund will cease to exist following the merger. Unitholders of these discontinued schemes will automatically become unitholders of BNP Paribas Nifty SDL December 2028 Index Fund and Baroda BNP Paribas Short Duration Fund respectively.
The fund house has provided an exit window for unitholders who do not favor the merger. According to the announcement, unitholders can exit or switch their investments without any exit load between July 22, 2026, to August 20, 2026. This window allows investors to move their investments to other schemes within the fund house before the merger becomes effective.
