Investment Objective and Approach

The Baroda BNP Paribas ELSS Tax Saver Fund is designed to provide capital appreciation through investments in equity and equity-related securities. Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.

The fund follows a diversified approach to equity investing, focusing on quality companies across market capitalizations. The fund is focused on picking quality companies and holds them for a long duration to generate good compounding returns. The investment strategy emphasizes long-term wealth creation while providing tax benefits to investors under the Equity Linked Savings Scheme (ELSS) category.

Key fund metrics as of recent dates:

- The fund currently has an Asset Under Management(AUM) of ₹47,850 Cr and the Latest NAV as of 18 Aug 2025 is ₹107.08

- The expense ratio of Baroda BNP Paribas ELSS Tax Saver Fund Plan is 1.01 as of 13th March 2025

- Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500

Fund Managers

The fund is managed by a team of experienced professionals:

Sanjay Chawla - Chief Investment Officer (Equity)

Mr. Chawla has over 34 years of experience in fund management, equity research and Management Consultancy. Currently, he is Chief Investment Officer - Equity at Baroda BNP Paribas Asset Management India Private Limited. In his prior roles, he has worked with Baroda Asset Management India Limited as Chief Investment officer, Birla SunLife AMC as Sr. Fund Manager-Equity, managing various schemes with different strategies. Mr. Chawla has also worked as Head of Research with SBI Capital Markets and in various capacities in the equity research space in Motilal Oswal Securities, IDBI Capital Markets, SMIFS Securities, IIT Invest Trust & Lloyds Securities. Mr. Chawla is graduated with a Masters of Management Studies from Birla Institute of Technology & Science (BITS), Pilani.

Pratish Krishnan - Fund Manager & Senior Analyst

Mr. Krishnan brings with him over 24 years of experience in equity markets covering equity research and fund management. Currently, he is Fund Manager & Senior Analyst at Baroda BNP Paribas Asset Management India Private Limited. Prior to this, he worked with leading institutional brokerage houses such as Antique Finance, Bank of America Merrill Lynch, SBI Capital Markets in equity research. Mr. Krishnan is graduated with CFA (level 3 candidate), MMS in finance from Sydenham Institute of Management Studies.

Miten Vora

The fund is also co-managed by Miten Vora, who brings additional expertise to the fund management team.

Portfolio management statistics show Sanjay Chawla manages 6 schemes with Total AUM ₹11,596.84 Cr and Pratish Krishnan manages 7 schemes with Total AUM ₹9,522.40 Cr.

About the Fund House (AMC)

Bank of Baroda, one of India's leading public sector banks, has partnered with BNP Paribas Asset Management, the asset management arm of BNP Paribas, a leading financial services group in Europe with global reach, to form Baroda BNP Paribas Mutual Fund.

Key strengths of the AMC include:

- Backed by bank of Baroda and BNP Paribas AM, institutions that have more than 100 year of expertise

- Touchpoints at more than 121+ Indian cities to service investors and distributors

- Serving over a million investor folios and 25,400+ distributors

- A stellar team of investment experts with 300+ years of cumulative asset management experience

- 42 schemes across a wide variety of categories for varied financial needs

As of 31 March 2024, the company's AUM stood at Rs 35646.45 crores. At Baroda BNP Paribas Mutual Fund we aim to create a positive impact on people's lives by delivering sustainable value for their investments.

Should I Invest in Baroda BNP Paribas ELSS Tax Saver Fund?

This ELSS fund may be suitable for investors seeking:

Tax Benefits: The fund qualifies for tax deduction benefits under Section 80C, allowing investors to claim deductions up to ₹1.5 lakh annually while building long-term wealth.

Long-term Wealth Creation: With its diversified equity approach and experienced fund management team, the fund targets capital appreciation over the mandatory 3-year lock-in period and beyond.

Professional Management: The fund benefits from the expertise of seasoned fund managers with decades of experience in equity research and portfolio management.

Accessibility: Minimum SIP Investment is set to ₹500, making it accessible to a wide range of investors for systematic investment planning.

Risk Considerations: The Baroda BNP Paribas ELSS Tax Saver Fund Direct Growth is rated Very High risk, making it suitable for investors with a higher risk appetite and long-term investment horizon.

Consider factors like your risk tolerance, investment timeline, and overall portfolio diversification before investing. The 3-year lock-in period means your investment will not be liquid during this period.

FAQs

What is today's NAV of Baroda BNP Paribas ELSS Tax Saver Fund?

The NAV varies by plan option. As per recent data, the Direct Growth plan NAV is around ₹107 while other variants have different NAVs. Check the latest NAV on your investment platform or the fund house website.

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

The fund has an AUM of approximately ₹886-950 crores as of recent reports, indicating substantial investor interest and fund size.

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

The expense ratio varies by plan - Direct plans typically have lower expense ratios around 1.01% while Regular plans may have higher ratios around 2.32%.

What are the returns of Baroda BNP Paribas ELSS Tax Saver Fund since inception?

The fund has delivered substantial returns since inception, with the Direct Growth plan showing over 500% total returns since launch. Past performance doesn't guarantee future results.

What is the minimum SIP amount to invest in Baroda BNP Paribas ELSS Tax Saver Fund?

The minimum SIP amount is ₹500 per month, making it accessible for systematic investment planning across different investor segments.

How do I invest in Baroda BNP Paribas ELSS Tax Saver Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing investment amount and mode (SIP/lumpsum), and completing the transaction online.

How to start a SIP in Baroda BNP Paribas ELSS Tax Saver Fund?

Log into your Allvest account, select the fund, choose SIP option, set your monthly investment amount (minimum ₹500), select date and duration, then authorize the mandate for automatic debits.

How do I automate an SIP in Baroda BNP Paribas ELSS Tax Saver Fund?

Set up auto-debit mandate through Allvest platform by providing bank account details and authorizing automatic monthly deductions for your chosen SIP amount and date.

How can I withdraw/redeem my investment in Baroda BNP Paribas ELSS Tax Saver Fund?

ELSS funds have a mandatory 3-year lock-in period. After completion, you can redeem through Allvest platform by selecting the fund and specifying redemption amount or units.