EquityELSSRegularGrowthVery High

Baroda BNP Paribas ELSS Tax Saver Fund

Q: What is the NAV of Baroda BNP Paribas ELSS Tax Saver Fund?

As of 05 Oct 2026, the NAV of Baroda BNP Paribas ELSS Tax Saver Fund is ₹94.74 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Baroda BNP Paribas ELSS Tax Saver Fund delivered?

Baroda BNP Paribas ELSS Tax Saver Fund has returned +0.15% over 1 year, +12.66% per year over 3 years and +11.93% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund charges an expense ratio of 2.46% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund's largest holdings are ICICI Bank Limited (3.9%), State Bank of India (3.6%), Titan Company Limited (3.0%), Reliance Industries Limited (2.9%) and Radico Khaitan Limited (2.9%). Holdings are disclosed monthly and change over time.

Q: How risky is Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.8% and its worst peak-to-trough fall in our sample was -17.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.42 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Baroda BNP Paribas ELSS Tax Saver Fund's 0.42 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund is benchmarked against the Nifty 500 Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund is managed by Silky Jain, Yash Mehta and Miten Vora at Baroda BNP Paribas.

Q: How is Baroda BNP Paribas ELSS Tax Saver Fund taxed?

Baroda BNP Paribas ELSS Tax Saver Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Baroda BNP Paribas Mutual Fund · Best ELSS (Tax Saving) Mutual Funds

NAV

₹94.74

+0.55% 1D

as of 05 Oct 2026

This is the Regular plan of Baroda BNP Paribas ELSS Tax Saver Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-0.49%absolute

52-week rangePrev NAV ₹94.23

Latest ₹94.74

Low ₹87.2947th percentile of its 52-week rangeHigh ₹103.13

Scorecard

★★★★☆4/5 vs 51 ELSS peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within ELSS (same plan and option).

PerformanceStrong

3Y CAGR +12.66% · ranks 10 of 49 ELSS funds

RiskModerate

Volatility 14.8% vs 14.7% category avg

CostHigh

2.5% expense vs 2.0% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

1-year return (+0.15%) beats the ELSS average (-2.22%)
3-year return (+12.66%) beats the ELSS average (+9.72%)
Stronger risk-adjusted returns — Sharpe 0.42 vs 0.21 ELSS average
Consistent — positive in 100% of rolling 3-year windows

Concerns

High expense ratio (2.46%) vs the ELSS average of 2.01%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.46%

Category 2.01%▲0.45%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

26.86

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.42

Category 0.21▲0.21

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

3 yrs

Nil. The investment in the Scheme shall be locked in for a period of 3 years from the date of allotment. The above load shall also be applicable for all Systematic Investment Plans, Systematic Transfer Plans, Systematic Withdrawal Plans. No load will be charged on bonus units. No exit load will be charged on switches between options of the same plan of the Fund.

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Nifty 500 Total Return Index (TRI)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

14 Mar 2022

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.80%

Absolute return over the last 3 months (not annualized)

-3.64%

Absolute return over the last 6 months (not annualized)

+6.63%

Absolute return since 1 Jan of this year (not annualized)

-4.99%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+0.15%

3-year annualized return (CAGR)

+12.66%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+11.93%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

14.76%

Excess return per unit of total volatility (rf = 6.5%)

0.42

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.56

Largest peak-to-trough decline over full history

-17.77%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

2.81%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.98

How much of the fund's movement Nifty 500 TRI explains

93.0%

Excess return per unit of beta (market risk)

6.29

Active return over the benchmark per unit of tracking error

0.69

Annualized std dev of fund-minus-benchmark returns

4.27%

Fund's share of benchmark gains in up months (100 = matches index)

108.0%

Fund's share of benchmark losses in down months (lower is better)

96.0%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (ELSS)

Period	Fund	Category avg.	Diff
1M abs	-5.80%	-4.69%	-1.11%
3M abs	-3.64%	-4.00%	+0.36%
6M abs	+6.63%	+8.47%	-1.84%
1Y CAGR	+0.15%	-2.22%	+2.37%
3Y CAGR	+12.66%	+9.72%	+2.94%
5Y CAGR	—	+9.61%	—

Category average across peers in ELSS (up to 49 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 49 peers in ELSS

1Y return

+0.15%

Beats 71.4% · rank #15

3Y return

+12.66%

Beats 81.3% · rank #10

5Y return

—

Sharpe

0.42

Beats 85.4% · rank #8

Sortino

0.56

Beats 85.4% · rank #8

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.78L

Absolute

+4.92%

XIRR

+3.32%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Baroda BNP Paribas ELSS Tax Saver Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-4.99%	-7.18%	+2.19%
2025	+4.83%	+7.94%	-3.11%
2024	+23.58%	+16.43%	+7.15%
2023	+31.27%	+27.43%	+3.84%
2022part	+3.47%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

1,123

Expense ratio

2.46%

AUM

₹880.13Cr

Portfolio turnover

39%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

26.9

P/B ratio

5.1

Avg market cap

₹3,21,013Cr

P/E & P/B are portfolio-weighted harmonic means across 48 of 57 equity holdings (89% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · ELSS

Compare all


Baroda BNP Paribas ELSS Tax Saver FundThis fund Baroda BNP Paribas · Regular · Growth	★★★★☆	+0.15%	+12.66%	—	—	2.46%	₹880.13Cr
SBI Long Term Advantage Fund - Series V SBI · Regular · Growth	★★★★★	-1.21%	+19.11%	+13.78%	—	1.38%	₹345.73Cr
Motilal Oswal ELSS Tax Saver Fund Motilal Oswal · Regular · Growth	★★★☆☆	+5.53%	+19.09%	+15.16%	—	2.10%	₹4,627Cr
Bank of India Mid Cap Tax Fund Series 1 Bank of India · Regular · Growth	★★★★☆	+8.41%	+14.33%	+10.89%	—	1.38%	₹62.74Cr
JM ELSS - Tax Saver Fund JM Financial · Regular · Growth	★★★☆☆	+3.76%	+14.32%	+11.79%	—	2.68%	₹220.95Cr
HSBC ELSS Tax saver Fund HSBC · Regular · Growth	★★★★☆	+0.84%	+14.16%	—	—	1.99%	₹3,957Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap67.3%
Mid cap23.7%
Small cap9.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity96.89%
Cash & Equivalents3.08%
Debt0.03%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Baroda BNP Paribas Retirement Fund Baroda BNP Paribas · Retirement Fund	73.7% of 72% equity	★★★★☆	1.16%	—
Baroda BNP Paribas Children's Fund Baroda BNP Paribas · Children’s Fund	69.3%	★★★☆☆	1.29%	—
Baroda BNP Paribas Conservative Hybrid Fund Baroda BNP Paribas · Conservative Hybrid Fund	60.3% of 21% equity	★★★★☆	0.55%	+8.33%
Baroda BNP Paribas Large and Mid Cap fund Baroda BNP Paribas · Large & Mid Cap Fund	59.4%	★★★☆☆	1.09%	+12.95%
Baroda BNP Paribas Flexi Cap Fund Baroda BNP Paribas · Flexi Cap Fund	59.1%!	★★☆☆☆	1.29%	+11.63%
Baroda BNP Paribas Balanced Advantage Fund Baroda BNP Paribas · Dynamic Asset Allocation or Balanced Advantage	53.5% of 81% equity	★★★☆☆	0.92%	+11.07%
Baroda BNP Paribas Equity Savings Fund Baroda BNP Paribas · Equity Savings	53.0% of 67% equity	★★☆☆☆	1.71%	+9.01%
Baroda BNP Paribas Multi Cap Fund Baroda BNP Paribas · Multi Cap Fund	48.4%	★★☆☆☆	1.19%	+13.57%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 1.01% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I1.01%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-17.8%23 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 17 Nov 2025 — 9 months under water after the low.
-16.1%04 Apr 2022 → 17 Jun 2022
Fell over 2 months, back to the old high on 01 Dec 2022 — 5 months under water after the low.
-13.4%02 Jan 2026 → 31 Mar 2026
Fell over 3 months, back to the old high on 03 Aug 2026 — 4 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹880.13Cr

April - June 2026

-2%

since January - March 2026

+₹10.03Cr

est. net flow, last quarter

At or near its largest, ₹898.75Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Baroda BNP Paribas Mutual Fund was formed in 2022 by merging Baroda Mutual Fund into BNP Paribas Mutual Fund, and is a joint venture between Bank of Baroda and BNP Paribas Asset Management. It pairs a public-sector bank's distribution reach with a global manager's process.

Launched

14 Apr 2004

Total AUM

₹54,646Cr+2.8% QoQ

Avg AUM · July - September 2026

Website

barodabnpparibasmf.in

Fund Managers

SJSilky JainManaging since 01 Jul 2026

Role

Fund Manager - Equities

Education

MS (Finance); M.Com

Experience

Ms. Silky Jain has over 16 years of experience in the Indian equity markets, of which she has spent 11 years in Canara Robeco Mutual Fund tracking BFSI, Capital Market and Real estate sector and was designated as Assistant Fund Manager, Prior to Canara Robeco Mutual Fund, she worked with Nirmal Bang Securities as Equity Analyst.

YMYash MehtaManaging since 01 May 2026

Role

Research Analyst & Co Fund Manager

Total experience

1.5 years

Education

• CA • B.com

Experience

Mr. Yash Mehta has an overall experience of around 1.5 years. He has previously worked with Systematix Shares and Stocks (India) Limited, in equity research, covering Banking and the Financial services sector and experience in tracking the NBFC sector.

MVMiten VoraManaging since 01 Dec 2022

Role

Senior Analyst & Fund Manager

Education

PGDM - specialization in Finance, ICFAI Hyderabad, B.Com

Experience

Mr. Miten Vora has an overall experience of 15 years. Prior to this, he has worked with Canara HSBC Oriental Life Insurance, BNP Paribas Asset Management India Private Limited, IDBI Asset Management Company and Antique Stock Broking Limited. Mr. Vora has done his PGDM in Finance from Institute of Chartered Financial Analysts of India, Hyderabad.

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Top holdings

ICICI Bank Limited State Bank of India Titan Company Limited Reliance Industries Limited Radico Khaitan Limited TVS Motor Company Limited Bharat Heavy Electricals Limited Larsen & Toubro Limited Eicher Motors Limited HDFC Bank Limited Navin Fluorine International Limited Bharti Airtel Limited

Baroda BNP Paribas in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About ELSS (tax-saving) funds

ELSS funds are equity funds that qualify for a Section 80C deduction (up to ₹1.5 lakh a year) under the old tax regime. They carry a 3-year lock-in — the shortest of any 80C option.

Frequently asked questions

What is the NAV of Baroda BNP Paribas ELSS Tax Saver Fund?

As of 05 Oct 2026, the NAV of Baroda BNP Paribas ELSS Tax Saver Fund is ₹94.74 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Baroda BNP Paribas ELSS Tax Saver Fund delivered?

Baroda BNP Paribas ELSS Tax Saver Fund has returned +0.15% over 1 year, +12.66% per year over 3 years and +11.93% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund charges an expense ratio of 2.46% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund's largest holdings are ICICI Bank Limited (3.9%), State Bank of India (3.6%), Titan Company Limited (3.0%), Reliance Industries Limited (2.9%) and Radico Khaitan Limited (2.9%). Holdings are disclosed monthly and change over time.

How risky is Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.8% and its worst peak-to-trough fall in our sample was -17.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.42 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Baroda BNP Paribas ELSS Tax Saver Fund's 0.42 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund is benchmarked against the Nifty 500 Total Return Index (TRI). Its alpha and beta on this page are measured against that index.

Who manages Baroda BNP Paribas ELSS Tax Saver Fund?

Baroda BNP Paribas ELSS Tax Saver Fund is managed by Silky Jain, Yash Mehta and Miten Vora at Baroda BNP Paribas.

How is Baroda BNP Paribas ELSS Tax Saver Fund taxed?

Baroda BNP Paribas ELSS Tax Saver Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.