
Baroda BNP Paribas Mutual Fund has announced significant changes in fund management responsibilities across multiple schemes, effective July 1, 2026. According to the fund house announcement, the changes involve 20+ schemes with varying fund manager combinations. The changes represent a comprehensive restructuring of the fund management team across different categories including equity, debt, and hybrid funds. The merger between Baroda Mutual Fund and BNP Paribas Mutual Fund was completed in 2022, creating the current Baroda BNP Paribas AMC structure.
The most significant changes affect Kushant Arora, who will now manage the Baroda BNP Paribas Aggressive Hybrid Fund alongside Gurvinder Singh Wasan (debt) and Jitendra Sriram (equity). Similarly, Silky Jain will take over the Baroda BNP Paribas Banking and Financial Services Fund as co-fund manager alongside Yash Mehta. Notable departures include Sanjay Chawla, who is stepping down from multiple funds including the Balanced Advantage Fund, Business Conglomerates Fund, and Business Cycle Fund. The merger has created a unified fund management structure combining the expertise of both former entities.
The restructuring affects various fund categories with Jitendra Sriram and Kushant Arora taking over the Business Conglomerates Fund from Jitendra Sriram and Kushant Arora. The Business Cycle Fund will see Ankeet Pandya and Rohan Korde replacing Kushant Arora and Jitendra Sriram. The Children's Fund will be managed by Silky Jain and Yash Mehta, while the Conservative Hybrid Fund will have Paresh Jain and Ankeet Pandya as equity managers alongside Gurvinder Singh Wasan and Prashant R Pimple for debt management. The merger has enabled the creation of 4-star schemes and established a GARP philosophy across the combined fund portfolio.
The comprehensive changes span across 20+ schemes with different fund manager combinations. The Dividend Yield Fund will be managed by Rohan Korde and Himanshu Singh, while the ELSS Tax Saver Fund will see Silky Jain and Yash Mehta taking over from Yash Mehta and Sanjay Chawla. The Energy Opportunities Fund will be managed by Kushant Arora and Kirtan Mehta, and the Equity Savings Fund will have Jitendra Sriram (equity), Kushant Arora (equity), Gurvinder Singh Wasan (debt), and Neeraj Saxena (equity). The merger has resulted in a 4-star scheme portfolio and established the fund house as a significant player in the Indian mutual fund industry.