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Mutual Fund Review – BNP Paribas Tax Advantage

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Fund Name: BNP Paribas Tax Advantage (G)


Category: ELSS

Expense Ratio: 2.92%

Risk Level: Average

Benchmark: S&P BSE 200

Objective: 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.

Returns (Annualized)


Our Review

BNP Paribas Tax Advantage (G) has made its inception in the year 2006. Since inception, it has produced annualized returns of 7.09%. It has managed to beat the benchmark index as well as category average comprehensively in the 1, 3 and 5 year returns.

Top 5 holdings of the fund include CBLO, HDFC bank, Bharti Airtel, ITC and TCS. The fund invests 63% of assets into large caps, 25% in mid caps and the rest in small caps. The fund has delivered good returns for its investors in the 3 and 5 year time frame which means it has the potential to deliver for the long term. The only issue with the fund is slightly higher expense ratio of close to 3%.

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