Baroda BNP Paribas Asset Management India announces suspension of sale of units
Baroda BNP Paribas Asset Management India (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the scheme.
In furtherance of Notice-cum-Addendum no. 46/2022 dated June 21, 2022, no. 48/2022 dated June 27, 2022, no. 40/2026 dated May 18, 2026, no. 63/2026 dated July 22, 2026 and no. 66/2026 dated July 31, 2026, issued in relation to subscriptions in Baroda BNP Paribas Aqua Fund of Fund (‘the Scheme’).
Baroda BNP Paribas Mutual Fund has informed that SEBI vide its letter dated June 17, 2022 had permitted AMCs to make investments in overseas funds / securities upto the headroom available without breaching the overseas investments limits as of February 1, 2022 at the Fund level. In line with the above requirements and in order to avoid potential breach of limits, the AMC has decided to temporarily suspend the sale of units and acceptance of fresh subscriptions in the Scheme. Accordingly, with effect from August 19, 2026, the following shall apply:
1: Lumpsum subscriptions (including switch-ins into the Scheme) - Shall not be accepted with effect from August 19, 2026.
2: Fresh registrations of Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) into the Scheme - Shall not be accepted with effect from August 19, 2026.
3: Instalments under existing SIPs/STPs registered on or before August 18, 2026- No impact. Existing SIP / STP instalments shall continue till further notice.
4: Switch-outs, redemptions, fresh registration of Systematic Withdrawal Plans (SWPs) - No impact.
5: Instalments of existing SWPs where the Scheme is the source scheme - No impact.
6: Intra-Scheme switches (Regular to Direct Plan and vice versa) and Intra-Plan switches (Growth to IDCW and vice versa) - No impact.
Accordingly, all transactions mentioned under Sr. Nos. 1 and 2 received after the applicable cut-off time on August 18, 2026 shall not be accepted and processed.
The aforesaid suspension is temporary in nature. The AMC shall review the available overseas investment headroom from time to time and shall resume acceptance of subscriptions in the Scheme upon availability of adequate headroom. A separate notice-cum-addendum shall be issued in this regard, as and when applicable.
All other terms and conditions of the SID and KIM of the Scheme, read with the SAI of Baroda BNP Paribas Mutual Fund and the addenda issued from time to time, shall remain unchanged.
This Notice-cum-Addendum shall form an integral part of the SID and KIM of the Scheme and shall be read in conjunction with the SAI of Baroda BNP Paribas Mutual Fund.
