BNP Paribas Mutual Fund (BNPP MF) Surrenders certificate of registration and cease to exist now

Baroda AMC

After Merger with Baroda Asset Management, BNP Paribas AMC (Mutual fund ) surrendered its certificate of registration with (Securities Exchange Board of India (SEBI) and the same is accepted by SEBI with effective from April 13th.

As per SEBI press release 12/2022

BNPP AMC has also given an undertaking that the Surviving AMC (i.e. Baroda BNP Paribas Assets Management India Private Limited) & Surviving Trustee (Baroda BNP Paribas Trustee India Private Limited) shall continue to be liable for all liabilities/obligations (including monetary penalties, if any) for violations, if any, of the provisions of the SEBI Act that have taken place before its surrender of certificate of registration.SEBI has accepted the request for surrender of certificate of registration of BNPP MF. Consequently, BNPP MF ceases to exist as a mutual fund w.e.f. April 13, 2022.

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