MUTUAL FUNDS
Baroda BNP Paribas AMC announces change in benchmark of Conglomerates Fund
Nov-10-2025

Baroda BNP Paribas Asset Management (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the scheme of Baroda BNP Paribas Mutual Fund.

Baroda BNP Paribas Mutual Fund has informed that benchmark of Baroda BNP Paribas Conglomerates Fund (the Scheme) has been changed from ‘BSE Select Business Groups Index’ to ‘Nifty Conglomerate 50 Index’ effective November 07, 2025.

The Justification of Change is: The change in benchmark is being recommended as the composition of the Nifty Conglomerate 50 Index offers a more accurate and representative comparison to the Scheme’s portfolio and is suitable for comparing the performance of the Scheme. Nifty Conglomerate 50 Index aims to track the performance of 50 stocks from the Nifty 500 that represent India’s major conglomerates. The weight of each stock in the index is based on its free-float market capitalization subject to a conglomerate group cap of 23% and stock cap of 10%. The imposition of a stock level cap on exposure makes this index a better comparison to our Fund’s management style.

This Notice cum addendum forms an integral part of the SID & KIM of the Fund read with the addenda issued thereunder. All other terms and conditions mentioned in the SID & KIM remain unchanged.


  RELATED NEWS >>