HealthyDirect · GrowthFit for a long SIP
Baroda BNP Paribas ELSS Tax Saver Fund
Baroda BNP Paribas Mutual FundEquity Scheme - ELSS4.6 years
The scheme aims to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time.
- NAV
- 107.2707
- 29 Oct 2026
- 1Y
- -3.2%
- Trailing CAGR
- Upside capture
- +103%
- Vs NIFTY 500 TRI
- Downside capture
- +92%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 99% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
4.6 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.27% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -17.3%. Ask whether you can hold through a similar fall.
Vs category
Pass
99% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Silky Jain · 0.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / lock-in
Watch
ELSS locks each installment for 3 years. Useful only if 80C is open on the old regime - otherwise locked equity.
Portfolio concentration
Pass
Top 10 holdings ≈ 30.3% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 17%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
ELSS lock-in
Every installment locks for 3 years. Only useful if 80C is still open on the old regime - otherwise it is locked equity, not a tax cut.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-3.2%
- 3Y+14.2%
- 5Yn/a
- 10Yn/a
- SI+12.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-4.7%
- 3Y+4.2%
- 5Yn/a
- 10Yn/a
- Since inception
- +12.8%
- Calendar-day CAGR
- Excess 1Y
- +4.3%
- Category median, same plan and option
- 3Y win rate
- +99%
- Windows beating the median
- 3Y percentile
- 81
- Vs comparable share classes
- SIP 3Y XIRR
- +4.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +13.1%
- 401 daily-ending windows
- Median rolling 3Y
- +19.4%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- +4.4%
- Fund minus TRI
- 3Y excess
- +3.8%
- Fund minus TRI
- Upside capture
- +103%
- Benchmark-up months
- Downside capture
- +92%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -17.3%
- Worst peak-to-trough
- Current
- -8.9%
- Below last peak
- Current spell
- 78 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 53 recovered episodes
- Longest recovery
- 241 days
- Trough to prior peak
23 Sept 2024 – 27 Oct 2025
Trough 28 Feb 2025 · recovered in 241 days
-17.3%
4 Apr 2022 – 25 Nov 2022
Trough 17 Jun 2022 · recovered in 161 days
-15.9%
2 Jan 2026 – 31 Jul 2026
Trough 31 Mar 2026 · recovered in 122 days
-13.2%
12 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-11.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
81
Vs category
77
Consistency
90
Risk-adjusted
52
Drawdown
57
Mean
71
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 99% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 55 holdings · top 10 are 30.3%.
- Top 5
- 16.3%
- Top 10
- 30.3%
- Largest holding
- 3.9%
- Effective holdings
- 47.0
ICICI Bank Ltd
Financial
3.9%
State Bank of India
Financial
3.6%
Radico Khaitan Ltd
Consumer Staples
3.0%
Reliance Industries Ltd
Energy & Utilities
2.9%
Titan Company Ltd
Consumer Discretionary
2.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
NAVI ELSS TAX SAVER NIFTY50 INDEX FUND
Navi Mutual Fund
- 1Y
- -11.3%
- 3Y
- +7.3%
- Vol
- 12.7%
- Max DD
- -15.5%
- Sharpe
- 0.33
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Sundaram ELSS Tax Saver Fund
Sundaram Mutual Fund
- 1Y
- -11.1%
- 3Y
- +8.2%
- Vol
- 13.6%
- Max DD
- -16.7%
- Sharpe
- 0.21
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
ITI ELSS Tax Saver Fund
ITI Mutual Fund
- 1Y
- -5.7%
- 3Y
- +14.6%
- Vol
- 18.1%
- Max DD
- -38.5%
- Sharpe
- 0.55
- 3Y win
- +63%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Motilal Oswal ELSS Tax Saver Fund
Motilal Oswal Mutual Fund
- 1Y
- +1.9%
- 3Y
- +20.1%
- Vol
- 17.7%
- Max DD
- -37.7%
- Sharpe
- 0.65
- 3Y win
- +66%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Parag Parikh ELSS Tax Saver Fund
PPFAS Mutual Fund
- 1Y
- -12.2%
- 3Y
- +8.5%
- Vol
- 13.6%
- Max DD
- -29.5%
- Sharpe
- 0.80
- 3Y win
- +81%
- Lower volatility
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns