Baroda BNP Paribas ELSS Tax Saver Fund vs Baroda BNP Paribas Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas ELSS Tax Saver Fund is an ELSS fund and Baroda BNP Paribas Equity Savings Fund is an Equity Savings fund. In the 3 years to 30-10-2026, Baroda BNP Paribas ELSS Tax Saver Fund (Direct) returned 13.9% a year and Baroda BNP Paribas Equity Savings Fund (Direct) returned 9.1% a year. Baroda BNP Paribas ELSS Tax Saver Fund charges 1.27% a year and Baroda BNP Paribas Equity Savings Fund 1.71% (Direct plans). Their portfolios overlap 41.4%: they hold 30 of the same securities.
Baroda BNP Paribas ELSS Tax Saver Fund
ELSS
- 3 year return
- 13.9%
- Expense ratio
- 1.27%
- NAV
- ₹106.60
Baroda BNP Paribas Equity Savings Fund
Equity Savings
- 3 year return
- 9.1%
- Expense ratio
- 1.71%
- NAV
- ₹18.48
Which is better, Baroda BNP Paribas ELSS Tax Saver or Baroda BNP Paribas Equity Savings? 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 ELSS Tax Saver returned more over 3 years: 13.9% a year against 9.1%.
- Baroda BNP Paribas Equity Savings returned more over 1 year: 1.6% against −4.3%.
- Baroda BNP Paribas ELSS Tax Saver costs less: 1.27% a year against 1.71% (Direct plans).
- Baroda BNP Paribas Equity Savings swung less over 3 years: a standard deviation of 5.5% a year against 14.6%.
- Baroda BNP Paribas Equity Savings fell less in its worst fall since 14-03-2022: −5.9% against −17.3%.
- Baroda BNP Paribas ELSS Tax Saver holds more in large companies: 62.8% of the fund in large caps against 50.8%.
- Baroda BNP Paribas ELSS Tax Saver is the larger fund: ₹857 Cr against ₹267 Cr.
- Their portfolios overlap 41.4%: 30 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 ELSS Tax Saver Fund | Baroda BNP Paribas Equity Savings Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Baroda BNP Paribas Mutual Fund |
| Category | ELSS | Equity Savings |
| AUM | ₹857 Cr (30-09-2026) | ₹267 Cr (30-09-2026) |
| NAV | ₹106.60 (Direct) | ₹18.48 (Direct) |
| Expense ratio (Direct) | 1.27% | 1.71% |
| Expense ratio (Regular) | 2.46% | 2.84% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Baroda BNP Paribas ELSS Tax Saver vs Baroda BNP Paribas Equity Savings: 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 ELSS Tax Saver Fund (Direct) | −1.91% | −6.58% | −2.51% | −4.26% | +13.88% | -- | -- |
| Baroda BNP Paribas Equity Savings Fund (Direct) | −0.06% | −0.84% | +1.03% | +1.65% | +9.14% | +8.02% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | -- | -- |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
Category average: the average of the 50 ELSS funds and the 23 Equity Savings funds, same plan type.
Baroda BNP Paribas ELSS Tax Saver vs Baroda BNP Paribas Equity Savings: Year-wise Returns
| Year | ELSS Tax SaverBaroda BNP Paribas ELSS Tax Saver | Equity SavingsBaroda BNP Paribas Equity Savings |
|---|---|---|
| 2026to date | −5.68% | +0.78% |
| 2025 | +6.11% | +7.92% |
| 2024 | +25.08% | +12.12% |
| 2023 | +32.84% | +14.67% |
| 2022 | -- | +4.24% |
| 2021 | -- | +7.73% |
Baroda BNP Paribas ELSS Tax Saver vs Baroda BNP Paribas Equity Savings: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Baroda BNP Paribas ELSS Tax Saver Fund
Rolling returns
Every 3-year holding period, 400 of them, one for each trading day from 17-03-2025 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 ELSS Tax Saver Fund (Direct)
Baroda BNP Paribas Equity Savings Fund (Direct)
Nifty 500 TRI
to
May 2025Aug 2022
to
Aug 2025Nov 2022
to
Nov 2025Mar 2023
to
Mar 2026Jun 2023
to
Jun 2026Sept 2023
to
Sept 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 ELSS Tax Saver | 0.0 | 0.0 | 0.0 | 8.5 | 55.8 | 35.8 | 0.0 | 18.9% | 19.4% | 13.1% | 24.4% | 100% |
| Baroda BNP Paribas Equity Savings | 0.0 | 0.0 | 23.5 | 76.5 | 0.0 | 0.0 | 0.0 | 10.8% | 10.9% | 8.7% | 13.3% | 0% |
| Nifty 500 TRI | 0.0 | 0.0 | 4.8 | 33.3 | 54.8 | 7.2 | 0.0 | 15.4% | 15.6% | 8.8% | 22.3% | -- |
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 Nifty 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 14-03-2022. Past returns do not promise future returns.
Baroda BNP Paribas ELSS Tax Saver vs Baroda BNP Paribas Equity Savings: 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 14-03-2022 to 30-10-2026: 56 instalments, ₹5,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas ELSS Tax SaverBaroda BNP Paribas ELSS Tax Saver Fund (Direct) | ₹5,60,000 | ₹7,11,056 | ₹1,51,056 | 10.2% |
| Baroda BNP Paribas Equity SavingsBaroda BNP Paribas Equity Savings Fund (Direct) | ₹5,60,000 | ₹6,71,117 | ₹1,11,117 | 7.7% |
Baroda BNP Paribas ELSS Tax SaverBaroda BNP Paribas ELSS Tax Saver Fund (Direct)
Baroda BNP Paribas Equity SavingsBaroda BNP Paribas Equity Savings 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 ELSS Tax Saver vs Baroda BNP Paribas Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas ELSS Tax Saver Fund (Direct) | Baroda BNP Paribas Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.26% | +1.65% |
| Standard deviation | 14.43% | 5.77% |
| Sharpe ratio | -0.66 | -0.62 |
| Sortino ratio | -0.87 | -0.84 |
| Maximum drawdown | −13.2% (31-03-2026) | −5.1% (30-03-2026) |
| Beta | 0.98 | -- |
| Alpha | +2.79% | -- |
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 ELSS Tax Saver Fund (Direct) | Baroda BNP Paribas Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.88% | +9.14% |
| Standard deviation | 14.64% | 5.50% |
| Sharpe ratio | 0.54 | 0.57 |
| Sortino ratio | 0.72 | 0.77 |
| Maximum drawdown | −17.3% (28-02-2025) | −5.3% (03-03-2025) |
| Beta | 0.99 | -- |
| Alpha | +3.71% | -- |
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 ELSS Tax Saver Fund (Direct) | Baroda BNP Paribas Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.67% | +8.81% |
| Standard deviation | 13.79% | 5.37% |
| Sharpe ratio | 0.48 | 0.68 |
| Sortino ratio | 0.66 | 0.95 |
| Maximum drawdown | −17.3% (28-02-2025) | −8.4% (23-03-2020) |
| Beta | 0.97 | -- |
| Alpha | +2.19% | -- |
From daily NAVs, 14-03-2022 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 ELSS Tax Saver Fund (Direct)
Baroda BNP Paribas Equity Savings Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas ELSS Tax Saver Fund (Direct) | −17.3% | 23-09-2024 | 28-02-2025 | 27-10-2025 | 8 months | −9.5% |
| Baroda BNP Paribas Equity Savings Fund (Direct) | −5.9% | 04-04-2022 | 17-06-2022 | 01-08-2022 | 45 days | −2.5% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 14-03-2022, 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 ELSS Tax Saver Fund (Direct)
Baroda BNP Paribas Equity Savings Fund (Direct)
Nifty 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 ELSS Tax Saver Fund (Direct)
Baroda BNP Paribas Equity Savings Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Baroda BNP Paribas ELSS Tax Saver Fund (Direct) | 103% | 92% | 4.24% |
| Baroda BNP Paribas Equity Savings Fund (Direct) | 49% | 28% | 9.49% |
From month-end values since 14-03-2022. 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 ELSS Tax Saver vs Baroda BNP Paribas Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas ELSS Tax Saver Fund, September 2026; Baroda BNP Paribas Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 41.4%
- Held by both
- 30
- Only in Baroda BNP Paribas ELSS Tax Saver
- 24
- Only in Baroda BNP Paribas Equity Savings
- 42
| Security | % of Baroda BNP Paribas ELSS Tax Saver | % of Baroda BNP Paribas Equity Savings |
|---|---|---|
| ICICI Bank Limited | 3.86% | 4.26% |
| State Bank of India | 3.56% | 3.66% |
| Reliance Industries Limited | 2.95% | 3.08% |
| Larsen & Toubro Limited | 2.63% | 2.53% |
| Bharti Airtel Limited | 2.46% | 3.49% |
| HDFC Bank Limited | 2.77% | 2.33% |
| One 97 Communications Limited | 2.15% | 1.86% |
| Sun Pharmaceutical Industries Limited | 1.84% | 2.34% |
| Axis Bank Limited | 1.76% | 2.06% |
| Kotak Mahindra Bank Limited | 1.65% | 1.97% |
| Mahindra & Mahindra Limited | 2.07% | 1.49% |
| Bharat Heavy Electricals Limited | 2.81% | 1.31% |
| NTPC Limited | 1.88% | 1.30% |
| Titan Company Limited | 2.94% | 1.23% |
| Hitachi Energy India Limited | 2.36% | 1.13% |
| Radico Khaitan Limited | 3.01% | 0.88% |
| Hindalco Industries Limited | 1.65% | 0.86% |
| Infosys Limited | 0.99% | 0.86% |
| Linde India Limited | 2.08% | 0.85% |
| TVS Motor Company Limited | 2.90% | 0.83% |
| Navin Fluorine International Limited | 2.31% | 0.83% |
| Hindustan Petroleum Corporation Limited | 1.28% | 0.77% |
| Bharat Electronics Limited | 1.66% | 0.76% |
| Pidilite Industries Limited | 1.71% | 0.74% |
| Nippon Life India Asset Management Limited | 2.00% | 0.58% |
| Tata Motors Ltd | 1.62% | 0.54% |
| Tech Mahindra Limited | 2.06% | 0.46% |
| Max Financial Services Limited | 1.35% | 0.42% |
| NHPC Limited | 1.02% | 0.39% |
| Britannia Industries Limited | 1.41% | 0.36% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.4% means 41.4% 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 ELSS Tax Saver Fund
| Security | % of fund |
|---|---|
| Eicher Motors Limited | 2.50% |
| Divi's Laboratories Limited | 2.17% |
| Ujjivan Small Finance Bank Limited | 1.97% |
| Cummins India Limited | 1.94% |
| Sagility Limited | 1.75% |
Largest holdings only in Baroda BNP Paribas Equity Savings Fund
| Security | % of fund |
|---|---|
| 7.32% Government of India (13/11/2030) | 3.80% |
| 7.18% Government of India (14/08/2033) | 3.38% |
| 8.7% Shriram Finance Limited (09/04/2028) | 2.63% |
| 6.92% Power Finance Corporation Limited (16/02/2028) | 2.59% |
| Tata Steel Limited | 2.12% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas ELSS Tax Saver | Baroda BNP Paribas Equity Savings |
|---|---|---|
| Equity | 97.3% | 65.8% |
| Debt | 0.0% | 28.6% |
| Cash and others | 2.7% | 5.6% |
Market cap of stocks
| Market cap | Baroda BNP Paribas ELSS Tax Saver | Baroda BNP Paribas Equity Savings |
|---|---|---|
| Large Cap | 62.8% | 50.8% |
| Mid Cap | 23.0% | 10.2% |
| Small Cap | 10.6% | 4.7% |
| Not on AMFI's list | 0.8% | 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 ELSS Tax Saver | Baroda BNP Paribas Equity Savings |
|---|---|---|
| Banks | 18.4% | 16.0% |
| Automobiles | 9.0% | 2.3% |
| Chemicals & Petrochemicals | 6.1% | 2.4% |
| Pharmaceuticals & Biotechnology | 5.4% | 4.2% |
| Electrical Equipment | 5.2% | 2.4% |
| Finance | 4.4% | 4.7% |
| Petroleum Products | 4.2% | 3.9% |
| Power | 2.9% | 4.0% |
| Telecom - Services | 2.5% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas ELSS Tax Saver vs Baroda BNP Paribas Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas ELSS Tax Saver Fund | Baroda BNP Paribas Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.27% | 1.71% |
| Base expense ratio (Direct) | 0.93% | 1.14% |
| Total expense ratio (Regular) | 2.46% | 2.84% |
| Base expense ratio (Regular) | 1.95% | 2.10% |
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
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Baroda BNP Paribas ELSS Tax Saver Fund vs Baroda BNP Paribas Equity Savings Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas ELSS Tax Saver Fund and Baroda BNP Paribas Equity Savings Fund?
Baroda BNP Paribas ELSS Tax Saver Fund is an ELSS fund, Baroda BNP Paribas Equity Savings Fund is an Equity Savings fund, run by Baroda BNP Paribas Mutual Fund. Their portfolios overlap 41.4%. Baroda BNP Paribas ELSS Tax Saver Fund charges 1.27% a year and Baroda BNP Paribas Equity Savings Fund 1.71%.
Which has given higher returns, Baroda BNP Paribas ELSS Tax Saver Fund or Baroda BNP Paribas Equity Savings Fund?
Over 1 year: Baroda BNP Paribas ELSS Tax Saver Fund −4.26%, Baroda BNP Paribas Equity Savings Fund +1.65%. Over 3 years: Baroda BNP Paribas ELSS Tax Saver Fund +13.88% a year, Baroda BNP Paribas Equity Savings Fund +9.14% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas ELSS Tax Saver Fund or Baroda BNP Paribas Equity Savings Fund?
Baroda BNP Paribas ELSS Tax Saver Fund charges less: 1.27% a year against 1.71%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas ELSS Tax Saver Fund and Baroda BNP Paribas Equity Savings Fund overlap?
41.4%. They hold 30 of the same securities, the largest shared ones being ICICIBANK, SBIN, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, Baroda BNP Paribas ELSS Tax Saver Fund or Baroda BNP Paribas Equity Savings Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,94,026 in Baroda BNP Paribas ELSS Tax Saver Fund (XIRR 4.0% a year) and ₹4,04,082 in Baroda BNP Paribas Equity Savings Fund (XIRR 5.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Baroda BNP Paribas ELSS Tax Saver Fund and Baroda BNP Paribas Equity Savings Fund?
Yes. 41.4% 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.