Baroda BNP Paribas Balanced Advantage Fund vs Groww ELSS Tax Saver Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Balanced Advantage Fund is a Balanced Advantage fund and Groww ELSS Tax Saver Fund is an ELSS fund. In the 3 years to 30-10-2026, Baroda BNP Paribas Balanced Advantage Fund (Direct) returned 11.5% a year and Groww ELSS Tax Saver Fund (Direct) returned 9.0% a year. Baroda BNP Paribas Balanced Advantage Fund charges 0.92% a year and Groww ELSS Tax Saver Fund 1.52% (Direct plans). Their portfolios overlap 43.6%: they hold 39 of the same securities.
Baroda BNP Paribas Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.5%
- Expense ratio
- 0.92%
- NAV
- ₹27.28
Groww ELSS Tax Saver Fund
ELSS
- 3 year return
- 9.0%
- Expense ratio
- 1.52%
- NAV
- ₹20.99
Which is better, Baroda BNP Paribas Balanced Advantage or Groww ELSS Tax Saver? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Baroda BNP Paribas Balanced Advantage returned more over 5 years: 10.0% a year against 7.7%.
- Baroda BNP Paribas Balanced Advantage returned more over 3 years: 11.5% a year against 9.0%.
- Baroda BNP Paribas Balanced Advantage costs less: 0.92% a year against 1.52% (Direct plans).
- Baroda BNP Paribas Balanced Advantage swung less over 3 years: a standard deviation of 10.5% a year against 14.3%.
- Baroda BNP Paribas Balanced Advantage fell less in its worst fall since 20-11-2018: −20.7% against −34.0%.
- Groww ELSS Tax Saver holds more in large companies: 73.0% of the fund in large caps against 54.2%.
- Baroda BNP Paribas Balanced Advantage is the larger fund: ₹5,162 Cr against ₹48 Cr.
- Their portfolios overlap 43.6%: 39 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Baroda BNP Paribas Balanced Advantage Fund | Groww ELSS Tax Saver Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Groww Mutual Fund |
| Category | Balanced Advantage | ELSS |
| AUM | ₹5,162 Cr (30-09-2026) | ₹48 Cr (30-09-2026) |
| NAV | ₹27.28 (Direct) | ₹20.99 (Direct) |
| Expense ratio (Direct) | 0.92% | 1.52% |
| Expense ratio (Regular) | 2.04% | 2.92% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE 500 TRI |
| Launch date | Not available | 28-12-2017 |
| Minimum investment | Not available | ₹500 |
| Lock in | Not available | 3 years |
| Fund managers | Not available | Paras Matalia, Nikhil Satam |
| Exit load | Not available | Nil |
Baroda BNP Paribas Balanced Advantage vs Groww ELSS Tax Saver: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage Fund (Direct) | −1.00% | −4.23% | −0.79% | −0.62% | +11.52% | +9.96% | -- |
| Groww ELSS Tax Saver Fund (Direct) | +0.77% | −4.29% | −1.55% | −9.41% | +9.02% | +7.69% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
Category average: the average of the 38 Balanced Advantage funds and the 50 ELSS funds, same plan type.
Baroda BNP Paribas Balanced Advantage vs Groww ELSS Tax Saver: Year-wise Returns
| Year | Baroda BNP Paribas Balanced AdvantageBaroda BNP Paribas Balanced Advantage | Groww ELSS Tax SaverGroww ELSS Tax Saver |
|---|---|---|
| 2026to date | −1.91% | −8.58% |
| 2025 | +9.06% | +0.70% |
| 2024 | +16.32% | +20.19% |
| 2023 | +22.50% | +27.49% |
| 2022 | +4.04% | +4.57% |
| 2021 | +18.21% | +23.63% |
Baroda BNP Paribas Balanced Advantage vs Groww ELSS Tax Saver: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Groww ELSS Tax Saver Fund
Rolling returns
Every 3-year holding period, 1,219 of them, one for each trading day from 22-11-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
to
Apr 2022Feb 2020
to
Feb 2023Dec 2020
to
Dec 2023Oct 2021
to
Oct 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage | 0.0 | 0.0 | 0.0 | 37.1 | 61.0 | 2.0 | 0.0 | 15.7% | 15.6% | 10.5% | 23.3% | 15% |
| Groww ELSS Tax Saver | 0.0 | 0.0 | 4.5 | 36.9 | 48.0 | 10.2 | 0.4 | 15.8% | 15.9% | 7.2% | 26.7% | 13% |
| BSE 500 TRI | 0.0 | 0.0 | 2.0 | 19.9 | 50.9 | 20.0 | 7.2 | 18.0% | 17.8% | 8.4% | 33.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 20-11-2018. Past returns do not promise future returns.
Baroda BNP Paribas Balanced Advantage vs Groww ELSS Tax Saver: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 20-11-2018 to 30-10-2026: 96 instalments, ₹9,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas Balanced AdvantageBaroda BNP Paribas Balanced Advantage Fund (Direct) | ₹9,60,000 | ₹15,76,630 | ₹6,16,630 | 12.1% |
| Groww ELSS Tax SaverGroww ELSS Tax Saver Fund (Direct) | ₹9,60,000 | ₹14,46,429 | ₹4,86,429 | 10.0% |
Baroda BNP Paribas Balanced AdvantageBaroda BNP Paribas Balanced Advantage Fund (Direct)
Groww ELSS Tax SaverGroww ELSS Tax Saver Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Baroda BNP Paribas Balanced Advantage vs Groww ELSS Tax Saver: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Balanced Advantage Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.62% | −9.41% |
| Standard deviation | 11.52% | 14.31% |
| Sharpe ratio | -0.51 | -1.02 |
| Sortino ratio | -0.68 | -1.37 |
| Maximum drawdown | −9.7% (30-03-2026) | −15.3% (30-03-2026) |
| Beta | -- | 0.99 |
| Alpha | -- | −1.89% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Baroda BNP Paribas Balanced Advantage Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.52% | +9.02% |
| Standard deviation | 10.54% | 14.34% |
| Sharpe ratio | 0.52 | 0.21 |
| Sortino ratio | 0.70 | 0.28 |
| Maximum drawdown | −11.5% (03-03-2025) | −20.8% (07-04-2025) |
| Beta | -- | 0.98 |
| Alpha | -- | −0.79% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Baroda BNP Paribas Balanced Advantage Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.96% | +7.69% |
| Standard deviation | 9.85% | 13.96% |
| Sharpe ratio | 0.42 | 0.14 |
| Sortino ratio | 0.57 | 0.18 |
| Maximum drawdown | −11.9% (20-06-2022) | −20.8% (07-04-2025) |
| Beta | -- | 0.94 |
| Alpha | -- | −0.79% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Baroda BNP Paribas Balanced Advantage Fund (Direct) | Groww ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.42% | +8.71% |
| Standard deviation | 10.80% | 15.45% |
| Sharpe ratio | 0.76 | 0.22 |
| Sortino ratio | 1.03 | 0.29 |
| Maximum drawdown | −20.7% (23-03-2020) | −34.6% (23-03-2020) |
| Beta | -- | 0.90 |
| Alpha | -- | −1.85% |
From daily NAVs, 20-11-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage Fund (Direct) | −20.7% | 19-02-2020 | 23-03-2020 | 06-07-2020 | 3 months | −6.4% |
| Groww ELSS Tax Saver Fund (Direct) | −34.0% | 17-01-2020 | 23-03-2020 | 10-11-2020 | 8 months | −13.5% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 20-11-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Baroda BNP Paribas Balanced Advantage Fund (Direct)
Groww ELSS Tax Saver Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Baroda BNP Paribas Balanced Advantage Fund (Direct) | 72% | 51% | 8.05% |
| Groww ELSS Tax Saver Fund (Direct) | 92% | 98% | 4.06% |
From month-end values since 20-11-2018. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Baroda BNP Paribas Balanced Advantage vs Groww ELSS Tax Saver: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Balanced Advantage Fund, September 2026; Groww ELSS Tax Saver Fund, September 2026
Holdings in common
- Overlap
- 43.6%
- Held by both
- 39
- Only in Baroda BNP Paribas Balanced Advantage
- 68
- Only in Groww ELSS Tax Saver
- 60
| Security | % of Baroda BNP Paribas Balanced Advantage | % of Groww ELSS Tax Saver |
|---|---|---|
| HDFC Bank Limited | 3.09% | 6.77% |
| Reliance Industries Limited | 2.90% | 4.92% |
| Larsen & Toubro Limited | 2.62% | 2.72% |
| Bharti Airtel Limited | 2.30% | 3.52% |
| ICICI Bank Limited | 1.96% | 5.98% |
| Mahindra & Mahindra Limited | 1.86% | 1.75% |
| Kotak Mahindra Bank Limited | 1.63% | 1.98% |
| Titan Company Limited | 1.60% | 1.57% |
| State Bank of India | 1.51% | 2.29% |
| Sun Pharmaceutical Industries Limited | 1.76% | 1.30% |
| Multi Commodity Exchange of India Limited | 2.19% | 1.24% |
| Shriram Finance Limited | 1.51% | 1.23% |
| Infosys Limited | 1.21% | 2.08% |
| Axis Bank Limited | 1.20% | 1.86% |
| One 97 Communications Limited | 1.99% | 1.17% |
| UltraTech Cement Limited | 1.24% | 1.06% |
| InterGlobe Aviation Limited | 1.30% | 1.03% |
| Hindustan Unilever Limited | 0.98% | 0.93% |
| The Federal Bank Limited | 1.66% | 0.90% |
| NTPC Limited | 1.13% | 0.88% |
| Navin Fluorine International Limited | 1.29% | 0.88% |
| Tata Consumer Products Limited | 0.83% | 0.88% |
| Marico Limited | 1.37% | 0.77% |
| Maruti Suzuki India Limited | 1.04% | 0.76% |
| Persistent Systems Limited | 1.01% | 0.74% |
| IndusInd Bank Limited | 1.89% | 0.72% |
| Solar Industries India Limited | 1.14% | 0.69% |
| Tata Motors Ltd | 0.74% | 0.68% |
| Eicher Motors Limited | 1.99% | 0.67% |
| Nestle India Limited | 0.91% | 0.67% |
| Lupin Limited | 0.88% | 0.66% |
| Bharat Electronics Limited | 1.62% | 0.63% |
| JSW Steel Limited | 1.86% | 0.62% |
| Radico Khaitan Limited | 1.83% | 0.54% |
| Power Grid Corporation of India Limited | 1.36% | 0.50% |
| Hitachi Energy India Limited | 1.44% | 0.48% |
| GE Vernova T&D India Limited | 1.10% | 0.47% |
| Pidilite Industries Limited | 0.97% | 0.46% |
| Tech Mahindra Limited | 1.06% | 0.37% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 43.6% means 43.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Baroda BNP Paribas Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Limited | 2.17% |
| Samvardhana Motherson International Limited | 1.71% |
| Karur Vysya Bank Limited | 1.50% |
| Cummins India Limited | 1.38% |
| Hindustan Petroleum Corporation Limited | 1.32% |
Largest holdings only in Groww ELSS Tax Saver Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 1.78% |
| Laurus Labs Limited | 1.63% |
| Eternal Limited | 1.41% |
| ITC Limited | 1.36% |
| Tata Consultancy Services Limited | 1.28% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas Balanced Advantage | Groww ELSS Tax Saver |
|---|---|---|
| Equity | 80.1% | 98.6% |
| Debt | 9.2% | 0.0% |
| Cash and others | 10.7% | 1.4% |
Market cap of stocks
| Market cap | Baroda BNP Paribas Balanced Advantage | Groww ELSS Tax Saver |
|---|---|---|
| Large Cap | 54.2% | 73.0% |
| Mid Cap | 19.1% | 18.6% |
| Small Cap | 5.8% | 7.0% |
| Not on AMFI's list | 1.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Baroda BNP Paribas Balanced Advantage | Groww ELSS Tax Saver |
|---|---|---|
| Banks | 15.2% | 21.2% |
| Pharmaceuticals & Biotechnology | 3.9% | 7.1% |
| IT - Software | 4.0% | 6.1% |
| Automobiles | 4.9% | 6.1% |
| Finance | 2.0% | 5.0% |
| Petroleum Products | 4.2% | 4.9% |
| Capital Markets | 4.7% | 2.5% |
| Electrical Equipment | 4.7% | 1.9% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas Balanced Advantage vs Groww ELSS Tax Saver: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Balanced Advantage Fund | Groww ELSS Tax Saver Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.92% | 1.52% |
| Base expense ratio (Direct) | 0.63% | 0.83% |
| Total expense ratio (Regular) | 2.04% | 2.92% |
| Base expense ratio (Regular) | 1.59% | 2.08% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Baroda BNP Paribas Balanced Advantage with
Baroda BNP Paribas Balanced Advantage Fund vs Groww ELSS Tax Saver Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Balanced Advantage Fund and Groww ELSS Tax Saver Fund?
Baroda BNP Paribas Balanced Advantage Fund is a Balanced Advantage fund, Groww ELSS Tax Saver Fund is an ELSS fund, run by Baroda BNP Paribas Mutual Fund and Groww Mutual Fund. Their portfolios overlap 43.6%. Baroda BNP Paribas Balanced Advantage Fund charges 0.92% a year and Groww ELSS Tax Saver Fund 1.52%.
Which has given higher returns, Baroda BNP Paribas Balanced Advantage Fund or Groww ELSS Tax Saver Fund?
Over 1 year: Baroda BNP Paribas Balanced Advantage Fund −0.62%, Groww ELSS Tax Saver Fund −9.41%. Over 3 years: Baroda BNP Paribas Balanced Advantage Fund +11.52% a year, Groww ELSS Tax Saver Fund +9.02% a year. Over 5 years: Baroda BNP Paribas Balanced Advantage Fund +9.96% a year, Groww ELSS Tax Saver Fund +7.69% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas Balanced Advantage Fund or Groww ELSS Tax Saver Fund?
Baroda BNP Paribas Balanced Advantage Fund charges less: 0.92% a year against 1.52%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Balanced Advantage Fund and Groww ELSS Tax Saver Fund overlap?
43.6%. They hold 39 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, LT. From each fund's latest monthly portfolio.
Which is better for SIP, Baroda BNP Paribas Balanced Advantage Fund or Groww ELSS Tax Saver Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,75,647 in Baroda BNP Paribas Balanced Advantage Fund (XIRR 9.4% a year) and ₹7,14,497 in Groww ELSS Tax Saver Fund (XIRR 6.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Baroda BNP Paribas Balanced Advantage Fund and Groww ELSS Tax Saver Fund?
Yes. 43.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.