Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth

Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Chawla, Pratish Krishnan. The fund could potentially beat inflation in the long-run.

1. Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth has ₹886 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.
   

Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.63%, 22.37% and 23.56% respectively.

Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Basic Materials, Consumer Defensive, Energy, Utilities, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, Infosys Ltd

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth of 3 Years