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The Economic Times

Surbhi Khanna

Baroda BNP Paribas Mutual Fund removes subscription limit and resumes fresh SIP/STP in its Aqua FoF

Baroda BNP Paribas Mutual Fund announced the removal of the limit on lumpsum subscription and resumption of fresh SIP/STP registrations in its international fund - Baroda BNP Paribas Aqua Fund of Fund with effect from May 20.

According to a notice-cum-addendum, the fund house said that the existing limit of Rs 5 lakh per day, per investor (at Primary Holder PAN level) for lumpsum investments (including switch-ins) in the scheme is hereby withdrawn. Investors may now make investments without any such daily monetary ceiling, subject to the overall overseas investment limits available at the AMC level.

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