Mumbai, Feb 11: Baroda BNP Paribas ELSS Tax Saver Fund is celebrating two decades of saving taxes and creating consistent wealth for Indians.

Two decades of disciplined wealth creation

Managed by Sanjay Chawla, Chief Investment Officer – Equity, Baroda BNP Paribas Asset Management (India), the fund currently manages average assets under management of over ₹922 crore. Since inception, the scheme has delivered 11.65% CAGR returns, reflecting its ability to navigate multiple market cycles while staying focused on long-term value creation.

A lump-sum investment of ₹1 lakh at inception in the Baroda BNP Paribas ELSS Tax Saver Fund would have grown to approximately ₹91.48 lakh as of end-January 2026. Investors using a systematic approach have also benefited significantly. A monthly SIP of ₹10,000 since inception would be worth around ₹1.03 crore today, with SIP returns compounding at 12.90% CAGR since inception.

Over the last two decades, the fund has thus established itself as a reliable long-term performer in the Equity Linked Savings Scheme (ELSS) category, combining disciplined equity investing with statutory tax benefits living the mutual funds brand promise of ‘Together for More’.

Investment philosophy focused on quality growth

The fund follows a benchmark-agnostic investment approach with a large-cap bias, aiming to balance growth and stability. To manage volatility, the fund managers consciously avoid companies that are “deep cyclicals, global commodity businesses and those with high debt.” Instead, the portfolio is tilted toward growth companies with structural cash flows, supporting sustainable long-term compounding.

Tax benefits with accessibility

As an equity linked savings on tax (ELSS) scheme, the fund offers investors the advantage of tax deductions of up to ₹1.5 lakh per financial year under Section 80C of the Income Tax Act, 1961. The scheme has a minimum investment amount of just ₹500, making it accessible to first-time as well as seasoned investors. Investments in the fund are subject to a three-year lock-in period from the date of investment, as mandated under current tax laws.

As it completes 20 years, the Baroda BNP Paribas ELSS Tax Saver Fund continues to stand out as a potential compelling solution for investors seeking tax savings, disciplined equity exposure, and long-term wealth creation within a single investment vehicle.