Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 93.2 as on 25-04-2024
Fund Performance
197 people have invested ₹ 18.1L in Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 34.23% return, outperforming this fund by 15.43% per annum.
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.27% return, outperforming this fund by 12.67% per annum.
In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 64.26% return, outperforming this fund by 16.04%.
Over the last 3 months, this fund has decreased expense ratio by 4.5% moving from 1.12 to 1.07.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.07% which is lower than the category average expense ratio of 1.29%.
INDmoney Rank of Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option
Powered by IND quant engine
13
/23
51% Performance
47% Risk Management
11% Cost
13 out of 23 among elss (tax savings)
Pros
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
About the Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option 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
- Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option has ₹839 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option Overview
 | 1.07% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹839 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 80.09% |
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option Distribution as on (31-Mar-24)
Size breakup
Large cap
54.9%
Mid cap
23.1%
Small cap
19.1%
Sector Allocation
Financial Services
28.9%
Consumer Cyclical
15.3%
Industrial
12.4%
Tech
11.7%
Health
7.3%
Energy
6.5%
Basic Materials
4.8%
Utilities
4.8%
Communication
3.7%
Real Estate
2.8%
Consumer Defensive
1.8%
Top Holdings of Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option as on (31-Mar-24)
Equity Holdings57
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.9% | 0% | |
 ICICI Bank Ltd | 4.83% | 0% | |
 Reliance Industries Ltd | 4.31% | -20% | |
 Larsen & Toubro Ltd | 3.48% | 0% | |
 Zomato Ltd | 2.92% | 0% |
See all
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.71% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.18% in Mar'24
AUM Change
- AUM of the fund stands at 835.8 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Linde India Ltd | 29% |
 Hitachi Energy India Ltd | 17.6% |
 Zomato Ltd | 1% |
Top Losers | 1M Return |
|---|---|
 Mphasis Ltd | -5.6% |
 Infosys Ltd | -4.2% |
 Tata Consultancy Services Ltd | -1.2% |
Peer Analysis
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option Fund Manager
Sanjay Chawla
Fund Manager of Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option, since 14 March 2022
Top funds managed
Pratish Krishnan
Fund Manager of Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option, since 14 March 2022
Top funds managed
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.28% since inception which is more than its category average return of 15.79%
Fund Allocations
This fund has an allocation of 98.34% in Equity, 0% in Debt and 1.66% in Cash related instruments
AUM size ₹839 Cr
This fund has AUM of ₹839 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 1.07%
This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option is ₹93.2 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 6.72% | 6.72% |
6 Month Returns | 29.99% | 29.99% |
1 Year Returns | 48.23% | 48.23% |
3 Years Returns | 75.4% | 20.6% |
5 Years Returns | 136.68% | 18.8% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select your bank account and proceed with Payment.
1.07% as on March 2024
₹839 Cr as on March 2024
HDFC Bank Ltd(5.9%), ICICI Bank Ltd(4.83%), Reliance Industries Ltd(4.31%), Larsen & Toubro Ltd(3.48%), Zomato Ltd(2.92%) as on March 2024
Financial Services(28.38%), Consumer Cyclical(15.04%), Industrial(12.21%) as on March 2024
The alpha ratio for the Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option 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 Plan Growth Option | 4.36 | 0.48 | 2.26 |
As on March 2024
The alpha for Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option 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 Plan Growth Option 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 Plan Growth Option | 0.98 | 0.89 | 0.84 |
As on March 2024
The Beta for Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option 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 Plan Growth Option 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 Plan Growth Option | 2.62 | 0.94 | 0.78 |
As on March 2024
The sharpe ratio for Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option 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 Plan Growth Option 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 Plan Growth Option | 11.73 | 12.66 | 16.29 |
As on March 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 1.84 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sanjay Chawla, Pratish Krishnan are the fund managers of Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option
The Exit load of Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option is 0%