Baroda BNP Paribas MF pulls in ₹1,200 crore across two thematic funds

What's the deal? Baroda BNP Paribas Mutual FundDealroom has a profile for this one. Try Dealroom → has raised over ₹1,200 crore through two newly launched thematic equity funds. The ESG Best-in-Class Strategy Fund secured approximately ₹640 crore, while the Services Fund collected more than ₹590 crore.

Why it matters. The funds offer concentrated exposure to themes including environmental, social and governance practices, information technology, financial services, healthcare, logistics and hospitality. Applications came from investors across more than 5,700 pin codes.

The signal. The raise reflects demand among Indian investors for specialised investment strategies over broad market exposure. Thematic funds also carry higher concentration risk, making execution and performance against broader benchmarks key monitorables.

Read more: Whalesbook

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