Baroda Asset Management India Limited (“AMC”), investment manager
to Baroda Mutual Fund (“Mutual Fund”), is a wholly owned
subsidiary of Bank of Baroda and is positioned to serve the varied asset management
needs of investors in India through a range of equity, debt and money
With a focus on enhancing the overall customer experience, the
AMC is working towards:
Brief history of the company : In 2008, Pioneer Global Asset Management SpA (“PGAM”) acquired 51% stake
in the AMC, which was renamed as Baroda Pioneer Asset Management Company Ltd.
and PGAM became a co-sponsor of the Mutual Fund. The joint venture had Rs. 30
crores in AAuM in June 2008 which grew to Rs. 12,159 crores in November 2018. The AMC continues its path of success as it grew to become a serious
player in the mutual fund industry.
Our sponsor for 10
years, Pioneer Investments, with their merger worldwide with another asset
management company, have moved out of the joint venture and Bank of Baroda,
India’s 2nd largest PSU Bank has now become the sole sponsor for the Mutual