Baroda BNP Paribas ELSS Tax Saver Fund Review: Plans, NAV, Returns and Portfolio Analysis 2026

Baroda BNP Paribas ELSS Tax Saver Fund has 4 plan/option variants. Representative NAV Rs 113.1794 (20-Jul-2026). Category Equity Linked Savings Scheme. Risk Very High.

Baroda BNP Paribas ELSS Tax Saver Fund is a equity linked savings scheme offered by Baroda BNP Paribas Mutual Fund, available in Direct and Regular Plans across IDCW, Growth. The scheme aims to generate long term capital appreciation through investment primarily in equity and equity related instruments, with a mandatory 3 year lock-in period under the ELSS provision of the Income Tax Act. With multiple variants, Baroda BNP Paribas ELSS Tax Saver Fund lets investors choose between different cost structures and payout approaches within the same base scheme.

This article reviews Baroda BNP Paribas ELSS Tax Saver Fund across all its available plans and options, covering the latest NAV, expense ratio, portfolio approach, performance, exit load and investor suitability, based on publicly available data as of August 2026.

Click Here – Get Free Investment Predictions

Baroda BNP Paribas ELSS Tax Saver Fund Plans and Options Available

Baroda BNP Paribas ELSS Tax Saver Fund is offered across 4 scheme codes. The table below lists all available variants with ISIN codes and latest NAV figures.

Investment Objective and Portfolio Approach

Baroda BNP Paribas ELSS Tax Saver Fund seeks to generate long term capital appreciation through investment primarily in equity and equity related instruments, with a mandatory 3 year lock-in period under the ELSS provision of the Income Tax Act.

In terms of portfolio construction, the scheme holds primarily equity and equity related instruments across market capitalisations and sectors.

Baroda BNP Paribas ELSS Tax Saver Fund Performance and Returns

Baroda BNP Paribas ELSS Tax Saver Fund has delivered returns that are dependent on the fund manager’s portfolio decisions, market conditions and the expense ratio differential between plans; investors should check the latest factsheet for current figures. Performance across individual plans and options may vary slightly due to differing expense ratios and whether gains are paid out under the IDCW option or reinvested under the Growth option.

The Direct Plan of any mutual fund typically delivers a slightly higher return than the Regular Plan of the same scheme over time, since it charges a lower expense ratio by excluding distributor commission. Investors should review the latest scheme factsheet from the AMC for current performance figures.

Direct Plan vs Regular Plan: Key Differences in Baroda BNP Paribas ELSS Tax Saver Fund

The Direct Plan of Baroda BNP Paribas ELSS Tax Saver Fund is available for investors transacting directly with the AMC or through a registered investment advisor, and carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. The Regular Plan carries not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener.

Over longer holding periods, the compounding effect of this cost difference can be meaningful, which is why cost conscious investors often prefer the Direct Plan when they are comfortable transacting without distributor support.

Growth Option vs IDCW Option in Baroda BNP Paribas ELSS Tax Saver Fund

The Growth option of Baroda BNP Paribas ELSS Tax Saver Fund reinvests any gains back into the scheme NAV, supporting long term wealth compounding for investors who do not need periodic payouts.

The IDCW option of Baroda BNP Paribas ELSS Tax Saver Fund distributes available surplus to unit holders according to the chosen frequency, subject to the fund house declaring a distribution. Payouts under any IDCW option are not guaranteed and depend on distributable surplus.

Expense Ratio and Exit Load

The expense ratio for the Regular Plan of Baroda BNP Paribas ELSS Tax Saver Fund is not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener, while the Direct Plan carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. This is the annual fee deducted from the scheme’s assets.

The exit load on Baroda BNP Paribas ELSS Tax Saver Fund is Nil after the mandatory 3 year lock-in period; units cannot be redeemed before 3 years from allotment.

Who Should Consider Baroda BNP Paribas ELSS Tax Saver Fund

Tax saving investors. Baroda BNP Paribas ELSS Tax Saver Fund is suitable for investors looking to save tax under Section 80C of the Income Tax Act while participating in potential equity market upside.

Long term investors. The mandatory 3 year lock-in period in the scheme encourages a long term investing discipline.

Equity oriented investors. Investors comfortable with Very High equity risk and willing to stay invested through market cycles may find the scheme appropriate.

Key Risks in the scheme

Lock-in risk. Units of the scheme cannot be redeemed for 3 years from allotment, so investors must be comfortable committing capital for this period.

Equity market risk. The equity portfolio of the scheme is fully exposed to stock market volatility during the lock-in period.

Concentration risk for closed-ended ELSS. Closed-ended ELSS schemes may have concentrated portfolios given their fixed investment universe at the time of launch.

How to Invest in Baroda BNP Paribas ELSS Tax Saver Fund

Investors evaluating Baroda BNP Paribas ELSS Tax Saver Fund should begin by deciding between the Direct and Regular Plan, and between the Growth option for long term compounding and the IDCW option for periodic payouts.

Completing KYC through a SEBI registered intermediary or the AMC portal is mandatory before investing for the first time. Investors who have existing KYC registration can proceed directly.

Investment in Baroda BNP Paribas ELSS Tax Saver Fund can be made as a lump sum or through a Systematic Investment Plan of at least Rs 500 lump sum for many ELSS schemes, with SIP amounts varying by AMC, followed by regular monitoring of NAV and portfolio composition at least quarterly.

Check the Univest Screener for Live Mutual Fund and Stock Data

Download the Univest iOS App or Univest Android App to track Baroda BNP Paribas ELSS Tax Saver Fund NAV updates and get research backed investment ideas.

Conclusion

Baroda BNP Paribas ELSS Tax Saver Fund is a equity linked savings scheme scheme from Baroda BNP Paribas Mutual Fund available across 4 plan and option variants, giving investors flexibility in cost structure and payout approach. The representative NAV of Rs 113.1794 for the Direct Plan Growth option as on 20-Jul-2026 reflects the scheme’s performance since launch. Investors should review the latest scheme information document and consult a SEBI registered advisor before investing.

Frequently Asked Questions on Baroda BNP Paribas ELSS Tax Saver Fund

What plans and options are available in Baroda BNP Paribas ELSS Tax Saver Fund?

Ans. Baroda BNP Paribas ELSS Tax Saver Fund is available in Direct and Regular Plans and IDCW, Growth, giving investors 4 scheme codes to choose from depending on cost preference and payout requirements.

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

Ans. The latest NAV of the Direct Plan Growth option of Baroda BNP Paribas ELSS Tax Saver Fund is Rs 113.1794 as on 20-Jul-2026. NAVs for all plan and option variants are updated at the end of every business day.

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

Ans. The primary objective of Baroda BNP Paribas ELSS Tax Saver Fund is to generate long term capital appreciation through investment primarily in equity and equity related instruments, with a mandatory 3 year lock-in period under the ELSS provision of the Income Tax Act.

What is the difference between the Direct and Regular Plan in Baroda BNP Paribas ELSS Tax Saver Fund?

Ans. The Direct Plan of Baroda BNP Paribas ELSS Tax Saver Fund carries lower than the Regular Plan of the same scheme, since it excludes distributor commission, excluding distributor commission. The Regular Plan carries not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener. The lower cost of the Direct Plan can improve long term compounding.

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

Ans. The Regular Plan of Baroda BNP Paribas ELSS Tax Saver Fund carries an expense ratio of not independently verified; investors should check the latest expense ratio on the AMC website or Univest Screener, and the Direct Plan carries lower than the Regular Plan of the same scheme, since it excludes distributor commission. The exact current figure can be confirmed in the latest AMC factsheet.

What is the exit load on Baroda BNP Paribas ELSS Tax Saver Fund?

Ans. The exit load on Baroda BNP Paribas ELSS Tax Saver Fund is Nil after the mandatory 3 year lock-in period; units cannot be redeemed before 3 years from allotment. Investors should confirm this in the current scheme information document before redeeming.

Who should invest in Baroda BNP Paribas ELSS Tax Saver Fund?

Ans. Baroda BNP Paribas ELSS Tax Saver Fund can suit investors whose financial goals, risk appetite and investment horizon align with the equity linked savings scheme category. Consult a SEBI registered advisor to assess personal suitability.

Is Baroda BNP Paribas ELSS Tax Saver Fund a good investment?

Ans. Baroda BNP Paribas ELSS Tax Saver Fund can be appropriate for investors who understand the equity linked savings scheme category mandate and are comfortable with the associated risk. Past performance does not guarantee future returns.