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Baroda Asset Management India Ltd (BAML) is a wholly owned subsidiary of Bank of Baroda
On September 28, 2018, Bank of Baroda acquired the entire shareholding of UniCredit S.p.A. held in Baroda Pioneer Asset Management Company Limited (“AMC”) and Baroda Pioneer Trustee Company Private Limited (“Trustee”). Subsequently, the names of the AMC and Trustee have been changed to Baroda Asset Management India Limited and Baroda Trustee India Private Limited respectively, and the name of our mutual fund has been changed to Baroda Mutual Fund.
Bank of Baroda: In the Indian
banking universe, Bank of Baroda occupies a distinct position. Bank of Baroda
is a state owned bank with more than 109 years of successful existence. The
biggest strength is its uninterrupted profit performance and consistent record
in dividend payments. The name inspires confidence among its customers. A
consistent track-record, sound financials and its contribution to social
sectors and policy-making have given Bank of Baroda a unique place in the
Indian banking universe.