Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 22-10-2024
₹ 104.35
1D
Inception Returns
16.9%
/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
- Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth has ₹988 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth has given a CAGR return of 16.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.61%, 16.96% and 20.55% 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, Consumer Defensive, Health, Energy, Communication, Utilities, 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 benefitDividends 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
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185 people have invested ₹ 9.2L 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
41% Performance
56% Risk Management
22% Cost
12 out of 23 among elss (tax savings)
Protects capital during bear phase
Recovers losses quickly
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹988 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 0.7% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
53.2%
Mid cap
25.6%
Small cap
18.8%
Sector Allocation
Financial Services
28%
Tech
14.9%
Consumer Cyclical
12.3%
Industrial
10.2%
Basic Materials
7.7%
Consumer Defensive
7%
Health
6.9%
Energy
4.5%
Communication
3.7%
Utilities
3.4%
Real Estate
1.4%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.85% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 0.81% in Sep'24
- AUM of the fund stands at 967.1 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
GE T&D India Ltd's allocation increased from 1.04% to 1.7%
Mrs Bectors Food Specialities Ltd Ordinary Shares's allocation increased from 1.95% to 2.26%
BSE Ltd's allocation increased from 1.06% to 1.34%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.12 % to 3.89 %
Reliance Industries Ltd's allocation decreased from 3.33 % to 3.19 %
Tata Consultancy Services Ltd's allocation decreased from 2.6 % to 2.38 %
Large Cap allocation has gone down from 53.9% to 53.2%
Small Cap allocation has gone down from 21.2% to 18.8%
Mid Cap allocation has gone up from 19.8% to 25.6%
Cash allocation has gone down from 2.8% to 2.5%
Top 3 Sectors in September were Financial Services, Tech & Industrial
Sep'24
Financial Services
28%
Tech
15%
Consumer Cyclical
12%
Aug'24
Financial Services
26%
Tech
15%
Industrial
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.29% | 0% | |
 HDFC Bank Ltd | 4.89% | 0% | |
 Infosys Ltd | 3.89% | 0% | |
 Trent Ltd | 3.25% | 0% | |
 Reliance Industries Ltd | 3.19% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Hitachi Energy India Ltd | 22.1% |
 BSE Ltd | 8.7% |
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Sanjay Chawla
Fund Manager of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth, since 14 March 2022
Top funds managed
Pratish Krishnan
Fund Manager of Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth, since 14 March 2022
Top funds managed
Fund House
Baroda BNP Paribas Asset Management India Pvt. Ltd.
Total Schemes
Total AUM
₹45.93K Cr
as on 30-Sep-2024
Address
Baroda BNP Paribas Mutual Fund,Crescenzo, 7th Floor, G-Block,,Bandra Kurla Complex
Phone
+912269209600
Website
service@barodabnpparibasmf.in
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 16.7% moving from 1.14 to 0.95.
In the last 3 years, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 27.38% return, outperforming this fund by 10.42% per annum.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 35.62% return, outperforming this fund by 15.07% per annum.
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 69% return, outperforming this fund by 23.39%.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.95% which is lower than the category average expense ratio of 1.26%.
Over the last 6 months, this fund has experienced a 17.8% growth in AUM moving from 838.98 Cr to 988.18 Cr.
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth 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 16.9% since inception which is more than its category average return of 16.38%
Fund Allocations
This fund has an allocation of 97.55% in Equity, 0% in Debt and 2.45% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 4217 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.46%
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 ₹104.35 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.19% | -3.19% |
6 Month Returns | 18.24% | 18.24% |
1 Year Returns | 45.61% | 45.61% |
3 Years Returns | 60% | 16.96% |
5 Years Returns | 154.6% | 20.55% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.95% as on September 2024
₹988 Cr as on September 2024
ICICI Bank Ltd(5.29%), HDFC Bank Ltd(4.89%), Infosys Ltd(3.89%), Trent Ltd(3.25%), Reliance Industries Ltd(3.19%) as on September 2024
Financial Services(27.35%), Tech(14.52%), Consumer Cyclical(12.04%) as on September 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 | 6.06 | 1.55 | 1.55 |
As on September 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 | 0.99 | 0.93 | 0.83 |
As on September 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 | 2.89 | 1 | 0.97 |
As on September 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 | 12.01 | 12.84 | 16.2 |
As on September 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 1.99 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.19 as on September 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%