NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth for NRI [84.43]

Min Investment

500

Fund Size

838.98 Cr

Expense Ratio

2.3%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

84.43

0.41%

NAV as on 29 Apr 24, 12:00 AM

very high risk

elss (tax savings)

elss

NAV as on 29 Apr 24, 12:00 AM

very high risk

elss (tax savings)

elss

45.91%p.a.

Last 1Y

18.69%p.a.

Last 3Y

17.25%p.a.

Last 5Y

12.10%p.a.

Since Inception

About Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd.. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Jan 2006, Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth is ELSS (Tax Savings) fund of its category with 838.98 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.

  • Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth delivered 45.9% annual returns during the last year. It has delivered 12.1% average annual returns since the fund was launched.
  • Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in elss

Fund Objective

The investment objective of the Scheme is 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. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Top 10 Holdings

HDFC Bank Ltd

5.90%

ICICI Bank Ltd

4.83%

Reliance Industries Ltd

4.31%

Larsen & Toubro Ltd

3.48%

Zomato Ltd

2.92%

Tata Consultancy Services Ltd

2.55%

Trent Ltd

2.33%

Bharti Airtel Ltd

2.31%

Bharat Heavy Electricals Ltd

2.28%

State Bank of India

2.18%

Fund Managers

  1. Sanjay Chawla (Mar 2022 - Present)
  2. Pratish Krishnan (Mar 2022 - Present)
  3. Miten Vora (Dec 2022 - Present)

Key Information

View Scheme Document

Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Baroda BNP Paribas ELSS Tax Saver Fund Plan Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions