Baroda BNP Paribas Mutual Fund Launches Baroda BNP Paribas Business Conglomerates Fund

Have you fancied owning a piece of India’s famous legacy business? For many investors, the dream remains distant. India's business conglomerates historically have demonstrated a remarkable capacity for adaptation and diversification across generations, enabling them to sustain and grow their economic influence*. Over decades, these early enterprises evolved into multi-generational conglomerates that now seek to power India’s economy.

With large conglomerates having dozens of listed firms, and involved in everything from salt to steel, identifying which of their companies are likely to outperform can be daunting for most of the investors.

Presenting Baroda BNP Paribas Business Conglomerates Fund, a fund that is designed to help investors tap into India's iconic business groups by offering a diversified portfolio focusing on investments in companies part of business conglomerates in India.

The New Fund Offer (NFO) opens for subscription on September 2, 2025, and closes on September 15, 2025. For as little as Rs 500 per month through Systematic Investment Plan (SIP) investors can participate in India’s most iconic business groups while relying on professional fund managers and analysts pick the potential investable companies.

“The NFO of our Baroda BNP Paribas Business Conglomerates Fund will allow our investors to own a piece of multi-generational conglomerates with listed businesses in India. In general conglomerates benefit from diversified revenue streams and easier access to capital and a strong brand reputation and customer trust that provides any new business they start, a competitive advantage at the outset itself” said Sanjay Chawla, Chief Investment Officer – Equity, Baroda BNP Paribas Asset Management India Private Limited.

Conglomerates form the backbone of India’s economy, accounting for some of the largest and most valuable enterprises

The scheme will benchmark against the BSE Select Business Groups Index and invest in at least four conglomerate groups, with group exposure capped at 25% of net assets. The fund will be managed by Mr. Jitendra Sriram - Senior Fund Manager & Mr. Kushant Arora - Fund Manager & Research Analyst.

“Conglomerates are also benefiting from corporate actions such as demergers to drive value unlocking due to global refocussing or family splits or inter-generational transitions. All of these are further improving the investment case for such businesses,” said Jitendra Sriram, Fund Manager of the scheme. #

With this launch, Baroda BNP Paribas MF enables investors to own a slice of India’s legendary conglomerates—making wealth creation accessible, structured, and professionally managed.

To know in detail about the Scheme please refer our Scheme Information Document”