Baroda BNP Paribas Arbitrage Fund
The fund maintains its core arbitrage positioning with substantial cash holdings and liquid fund allocations cushioning equity exposure, though the strategy appears defensive given net receivables dominate the portfolio. Banking sector concentration at over 21 percent signals selective conviction in financial stocks, particularly smaller lenders like Bandhan and RBL, while aggressive portfolio churn—32 exits against 12 new entries—suggests the manager is actively rotating away from capital-intensive sectors toward higher-quality financials and select growth names like Info Edge and Persistent Systems.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹17.8926 | — | — | — | — | — | — |
| Regular Growth | ₹16.8226 | +0.30% | +1.19% | +2.66% | +5.63% | +6.73% | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Adani Enterprises Limited | 0.25% |
| Sun Pharmaceutical Industries Limited | 0.16% |
| Info Edge (India) Limited | 0.12% |
| Muthoot Finance Limited | 0.07% |
| Persistent Systems Limited | 0.05% |
| Hero MotoCorp Limited | 0.03% |
| Polycab India Limited | 0.02% |
| SRF Limited | 0.01% |
| SBI Life Insurance Company Limited | 0.01% |
| Samvardhana Motherson International Limited | 0.01% |
| Eicher Motors Limited | 0.01% |
| Baroda BNP Paribas Liquid Fund - Direct Growth | 12.79% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) nan | 68.57% |
| 2 | Baroda BNP Paribas Liquid Fund - Direct Growth INF955L01AL0 | 12.79% |
| 3 | Baroda BNP Paribas Money Market Fund- Dr Gr INF955L01ID0 | 11.99% |
| 4 | HDFC Bank Limited INE040A01034 | 5.78% |
| 5 | Clearing Corporation of India Ltd nan | 4.85% |
| 6 | Multi Commodity Exchange of India Limited INE745G01043 | 3.57% |
| 7 | Bandhan Bank Limited INE545U01014 | 3.24% |
| 8 | RBL Bank Limited INE976G01028 | 3.21% |
| 9 | Adani Energy Solutions Limited INE931S01010 | 3.15% |
| 10 | Steel Authority of India Limited INE114A01011 | 3.02% |
| 11 | NMDC Limited INE584A01023 | 2.89% |
| 12 | Vodafone Idea Limited INE669E01016 | 2.84% |
| 13 | PNB Housing Finance Limited INE572E01012 | 2.47% |
| 14 | Glenmark Pharmaceuticals Limited INE935A01035 | 2.38% |
| 15 | Baroda BNP Paribas Ultra Short Dur Fund Dr Gr INF955L01HA8 | 2.14% |
| 16 | ICICI Bank Limited INE090A01021 | 1.97% |
| 17 | Adani Green Energy Limited INE364U01010 | 1.82% |
| 18 | The Federal Bank Limited INE171A01029 | 1.81% |
| 19 | State Bank of India INE062A01020 | 1.71% |
| 20 | Lodha Developers Limited INE670K01029 | 1.67% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.