Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 26-12-2024
₹ 106.63
▲0.1%
1D
Inception Returns
16.6%
/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 ₹952 Cr worth of assets under management (AUM) as on Nov 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 16.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.15%, 18.87% and 19.69% 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, Utilities, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Zomato 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
▲
▼
152 people have invested ₹ 9.9L 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
9
/23
44% Performance
63% Risk Management
60% Cost
9 out of 23 among elss (tax savings)
Lower volatility within category
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 | 0.96% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹952 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 0.7% |
| STCG | Selling mutual fund 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 (26-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
51.3%
Mid cap
23.6%
Small cap
20.2%
Sector Allocation
Financial Services
29%
Tech
15.8%
Consumer Cyclical
12.1%
Industrial
11.8%
Basic Materials
7.2%
Consumer Defensive
7%
Health
7%
Energy
4.8%
Utilities
3.5%
Communication
2%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.29% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.89% in Nov'24
- AUM of the fund stands at 942.2 Cr as of Nov'24
- AUM decreased by 45.9 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 3.01% to 3.51%
HDFC Bank Ltd's allocation increased from 5.14% to 5.53%
Jyoti CNC Automation Ltd's allocation increased from 2.05% to 2.41%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.64 % to 5.61 %
Trent Ltd's allocation decreased from 3.21 % to 2.62 %
Mrs Bectors Food Specialities Ltd Ordinary Shares's allocation decreased from 2.35 % to 2.23 %
Large Cap allocation has gone up from 49.5% to 51.3%
Small Cap allocation has gone down from 20.7% to 20.2%
Mid Cap allocation has gone down from 25.3% to 23.6%
Cash allocation has gone down from 4.5% to 3.1%
Top 3 Sectors in November were Financial Services, Tech & Consumer Cyclical
Nov'24
Financial Services
29%
Tech
16%
Consumer Cyclical
12%
Oct'24
Financial Services
30%
Tech
15%
Consumer Cyclical
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.61% | 0% | |
 HDFC Bank Ltd | 5.53% | 5% | |
 Infosys Ltd | 4% | 0% | |
 Reliance Industries Ltd | 3.51% | 21.1% | |
 Zomato Ltd | 2.71% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
PB Fintech Ltd | 14% |
 Jyoti CNC Automation Ltd | 10.5% |
 Zomato Ltd | 0.6% |
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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
₹46.97K Cr
as on 29-Nov-2024
Address
Baroda BNP Paribas Mutual Fund,Crescenzo, 7th Floor, G-Block,,Bandra Kurla Complex
Phone
+912269209600
Website
service@barodabnpparibasmf.in
Mutual Fund Insights
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 51.93% return, outperforming this fund by 24.78%.
In the last 3 years, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 29.93% return, outperforming this fund by 11.07% per annum.
Over the last 1 year, this fund has decreased expense ratio by 15.0% moving from 1.13 to 0.96.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.44% return, outperforming this fund by 12.75% per annum.
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 1.28%.
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 16.61% since inception which is more than its category average return of 15.67%
Fund Allocations
This fund has an allocation of 96.94% in Equity, 0% in Debt and 3.06% in Cash related instruments
AUM size ₹952 Cr
This fund has AUM of ₹952 Cr which is less than its category average of ₹ 3945 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.45%
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 ₹106.63 as on 26-Dec-2024.
Existing (Absolute + CAGR) as on 26-Dec-2024.
Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.32% | 2.32% |
6 Month Returns | 7.5% | 7.5% |
1 Year Returns | 27.15% | 27.15% |
3 Years Returns | 67.95% | 18.87% |
5 Years Returns | 145.63% | 19.69% |
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0.96% as on November 2024
₹952 Cr as on November 2024
ICICI Bank Ltd(5.61%), HDFC Bank Ltd(5.53%), Infosys Ltd(4%), Reliance Industries Ltd(3.51%), Zomato Ltd(2.71%) as on November 2024
Financial Services(28.07%), Tech(15.31%), Consumer Cyclical(11.7%) 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%