Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth

Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth

Equity

Direct

Elss (Tax Savings)

NAV as on 06-12-2024

₹ 110.03

0.1%

1D

Inception Returns

17%

/yr

About 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.

Key Parameters

  1. Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth has ₹942 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth has given a CAGR return of 17.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.18%, 20.17% and 20.88% respectively.

Holdings

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

Taxation

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth

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 and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
160 people have invested ₹ 9.1L in Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth in the last three months

INDmoney Rank for Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth

Powered by IND quant engine
12
/23
42% Performance
59% Risk Management
25% Cost
12 out of 23 among elss (tax savings)
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Lower volatility within category
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Protects capital during bear phase
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Recovers losses quickly
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No bad points found for this fund.

Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth Overview

Expense ratio0.96%
Benchmark
S&P BSE 200 India TR INR
AUM₹942 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
0.7%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
Nifty 500
elss (tax savings)
1M
3.1%
1.2%
2.8%
3M
4.4%
-0.7%
-0.9%
6M
16.1%
9.1%
12.9%
1Y
35.2%
24.8%
28.5%
3Y
20.2%
16.8%
18.3%
5Y
20.9%
19.2%
20.5%

Fund Distribution

as on (31-Oct-24)

  • Equity 95.5%

  • Debt & Cash 4.5%

Large cap
49.5%

Mid cap
25.3%

Small cap
20.7%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
29.9%
Tech
15.3%
Consumer Cyclical
11.9%
Industrial
10.8%
Basic Materials
7.8%
Health
7.5%
Consumer Defensive
5.6%
Energy
4.3%
Utilities
3.8%
Communication
2%
Real Estate
1.3%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.14%
2.85%
2.43%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -4.14% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 2.38% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 988.2 Cr
₹ 988.2 Cr
₹ 967.1 Cr
  • AUM of the fund stands at 988.2 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
BSE Ltd's allocation increased from 1.34% to 1.71%
BSE Ltd's allocation increased from 1.34% to 1.71%
ICICI Bank Ltd's allocation increased from 5.29% to 5.64%
ICICI Bank Ltd's allocation increased from 5.29% to 5.64%
NTPC Ltd's allocation increased from 1.79% to 2.12%
NTPC Ltd's allocation increased from 1.79% to 2.12%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 3.89 % to 3.82 %
Infosys Ltd's allocation decreased from 3.89 % to 3.82 %
Trent Ltd's allocation decreased from 3.25 % to 3.21 %
Trent Ltd's allocation decreased from 3.25 % to 3.21 %
Reliance Industries Ltd's allocation decreased from 3.19 % to 3.01 %
Reliance Industries Ltd's allocation decreased from 3.19 % to 3.01 %
Small Cap allocation has gone up from 18.8% to 20.7%
Small Cap allocation has gone up from 18.8% to 20.7%
Mid Cap allocation has gone down from 25.6% to 25.3%
Mid Cap allocation has gone down from 25.6% to 25.3%
Large Cap allocation has gone down from 53.2% to 49.5%
Large Cap allocation has gone down from 53.2% to 49.5%
Cash allocation has gone up from 2.5% to 4.5%
Cash allocation has gone up from 2.5% to 4.5%

Top 3 Sectors in October were Financial Services, Tech & Consumer Cyclical

Oct'24
Financial Services
30%
Tech
15%
Consumer Cyclical
12%
Sep'24
Financial Services
28%
Tech
15%
Consumer Cyclical
12%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
53
54
55
Top 5 Company Concentration
20.8%
20.5%
20.5%
Company having highest exposure
ICICI Bank Ltd (5.6%)
ICICI Bank Ltd (5.3%)
ICICI Bank Ltd (5.2%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
75.7%
73.2%
74.2%
Sector having highest exposure
Financial Services (29.9%)
Financial Services (28%)
Financial Services (26.2%)
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Sanjay Chawla
Sanjay Chawla
Fund Manager of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth, since 14 March 2022
Pratish Krishnan
Pratish Krishnan
Fund Manager of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth, since 14 March 2022
Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total AUM
₹45.98K Cr
as on 31-Oct-2024
Address
Baroda BNP Paribas Mutual Fund,Crescenzo, 7th Floor, G-Block,,Bandra Kurla Complex
Phone
+912269209600
Website
service@barodabnpparibasmf.in

Mutual Fund Insights

Insights icon
Over the last 1 year, this fund has decreased expense ratio by 15.0% moving from 1.13 to 0.96.
Insights icon
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.58% return, outperforming this fund by 12.88% per annum.
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In the last 3 years, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 29.44% return, outperforming this fund by 9.94% per annum.
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This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.96% which is lower than the category average expense ratio of 1.29%.
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Over the last 1 month, this fund has experienced a 4.6% drop in AUM moving from 988.18 Cr to 942.25 Cr.
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In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 55.57% return, outperforming this fund by 20.23%.

Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17% since inception which is more than its category average return of 16.15%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.5% in Equity, 0% in Debt and 4.5% in Cash related instruments
AUM size ₹942 Cr

AUM size ₹942 Cr

This fund has AUM of ₹942 Cr which is less than its category average of ₹ 3989 Cr
Expense Ratio 0.96%

Expense Ratio 0.96%

This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.47%

Frequently Asked Questions for Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth

The current NAV of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth is ₹110.03 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.09%
3.09%
6 Month Returns
16.12%
16.12%
1 Year Returns
35.18%
35.18%
3 Years Returns
73.52%
20.17%
5 Years Returns
158.08%
20.88%
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0.96% as on November 2024
₹942 Cr as on November 2024
ICICI Bank Ltd(5.64%), HDFC Bank Ltd(5.14%), Infosys Ltd(3.82%), Trent Ltd(3.21%), Reliance Industries Ltd(3.01%) as on November 2024
Financial Services(28.51%), Tech(14.6%), Consumer Cyclical(11.36%) as on November 2024
The alpha ratio for the Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
8.78
2.32
2.36
As on November 2024
The alpha for Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
0.78
0.9
0.83
As on November 2024
The Beta for Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
2.22
0.92
0.88
As on November 2024
The sharpe ratio for Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
10.39
12.97
16.41
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.78 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.35 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sanjay Chawla, Pratish Krishnan are the fund managers of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
The Exit load of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth is 0%