Baroda BNP Paribas Asset Management India introduces Voluntary Lock in/ Debit freeze facility
Baroda BNP Paribas Asset Management India (AMC) has announced addendum to the Statement of Additional Information (SAI) of Baroda BNP Paribas Mutual Fund.
Baroda BNP Paribas Mutual Fund has informed that pursuant to SEBI Circular no. HO/24/12/12(5)2026 -IMD- SEC - 1/I/6373/2026 dated March 06, 2026, with a view to promote digital security of mutual fund units, a voluntary debit freeze facility is being introduced for investors across demat and non -demat (Statement of Account) folios.
This facility to lock the folio shall be provided to investors through the MF Central platform for units held in non-demat mode. This facility is enabled only for KYC complied (Registered / Validated) investors who have both a valid Email ID and Mobile number registered (both Mandatory).
The facility will be available to following investors:
• Resident and Non -Resident individual Investors.
• Folios with single holding or ‘Anyone or Survivor’. (applicable to first unit holder only)
