Baroda BNP Paribas Conservative Hybrid Fund
Baroda BNP Paribas Conservative Hybrid is positioned as a defensive fixed-income portfolio with modest equity exposure, prioritizing AAA-rated securities and financial institutions. The manager has tactically shortened duration by trimming longer-dated government bonds while increasing exposure to higher-yielding NBFC papers and development finance institutions, signaling conviction that near-term rate stability offers better risk-reward than extended duration. This subtle reallocation reflects a preference for credit quality over duration extension in the current environment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹56.2363 | — | — | — | — |
| Regular Growth | ₹45.5726 | +0.12% | +2.18% | +7.57% | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| 7.7% Bajaj Housing Finance Limited (21/05/2027) ** | 2.47% |
| 8.15% PNB Housing Finance Limited (29/07/2027) | 2.22% |
| 8.95% Reliance Industries Limited (09/11/2028) | 2.04% |
| 8.60% Manappuram Finance Limited (24/03/2028) | 1.23% |
| 7.59% REC Limited (31/05/2027) ** | 0.62% |
| Small Industries Dev Bank of India (18/02/2027) ** # | 0.58% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 7.90% Jamnagar Utilities & Power Private Limited (10/08/2028) ** INE936D07182 | 3.71% |
| 2 | Clearing Corporation of India Ltd nan | 3.45% |
| 3 | 7.68% Small Industries Dev Bank of India (10/08/2027) ** INE556F08KP4 | 3.09% |
| 4 | 7.7% Bajaj Housing Finance Limited (21/05/2027) ** INE377Y07300 | 2.47% |
| 5 | 7.58% National Bank For Agriculture and Rural Development (31/07/2026) INE261F08DX0 | 2.47% |
| 6 | 7.35% Export Import Bank of India (27/07/2028) ** INE514E08GE8 | 2.34% |
| 7 | 8.7% Shriram Finance Limited (09/04/2028) ** INE721A07SL9 | 2.25% |
| 8 | 7.59% National Housing Bank (14/07/2027) ** INE557F08FY4 | 2.23% |
| 9 | 8.15% PNB Housing Finance Limited (29/07/2027) INE572E07183 | 2.22% |
| 10 | 6.92% Power Finance Corporation Limited (16/02/2028) ** INE134E08OA7 | 2.20% |
| 11 | 6.9% Government of India (15/04/2065) IN0020250018 | 2.20% |
| 12 | 8.95% Reliance Industries Limited (09/11/2028) INE002A08542 | 2.04% |
| 13 | 8.32% Torrent Power Limited (28/02/2027) ** INE813H07382 | 1.98% |
| 14 | 6.75% Piramal Finance Limited (26/09/2031) ** INE516Y07444 | 1.97% |
| 15 | 8.50% Nomura Capital India Pvt Limited (21/10/2026) ** INE357L07457 | 1.86% |
| 16 | 7.27% Indian Railway Finance Corporation Limited (15/06/2027) ** INE053F07AB5 | 1.85% |
| 17 | 7.712% Tata Capital Housing Finance Limited (14/01/2028) ** INE033L07IK9 | 1.85% |
| 18 | 7.4% State Government Securities (25/02/2036) IN1520250318 | 1.82% |
| 19 | Union Bank of India (02/03/2027) ** # INE692A16LM6 | 1.75% |
| 20 | 6.68% Government of India (07/07/2040) IN0020250042 | 1.74% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Baroda BNP Paribas Conservative Hybrid Fund hold?
Baroda BNP Paribas Conservative Hybrid Fund holds 104 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 15.19% of NAV.
What is the largest holding in Baroda BNP Paribas Conservative Hybrid Fund?
The largest position in Baroda BNP Paribas Conservative Hybrid Fund is 7.90% Jamnagar Utilities & Power Private Limited (10/08/2028) **, accounting for 3.71% of NAV in the CRISIL AAA sector.
Is Baroda BNP Paribas Conservative Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.407, Baroda BNP Paribas Conservative Hybrid Fund is well-diversified. The HHI concentration index is 15,603 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 15.19% of the portfolio.
What is the market cap allocation of Baroda BNP Paribas Conservative Hybrid Fund?
Based on SEBI's AMFI classification, Baroda BNP Paribas Conservative Hybrid Fund's equity portfolio is split as: Large Cap: 14.17%, Mid Cap: 4.99%, Small Cap: 2.90%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Baroda BNP Paribas Conservative Hybrid Fund invest in most?
Baroda BNP Paribas Conservative Hybrid Fund has the highest allocation to CRISIL AAA (41.38%), Sovereign (10.63%), Banks (5.60%). The fund is invested across 40 sectors in total.
How actively managed is Baroda BNP Paribas Conservative Hybrid Fund compared to other Conservative Hybrid Fund funds?
Baroda BNP Paribas Conservative Hybrid Fund has an Active Share of 79.79%, classifying it as "Highly Differentiated" among 16 Conservative Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Baroda BNP Paribas Conservative Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Conservative Hybrid Fund added 6 new stocks (including 7.7% Bajaj Housing Finance Limited (21/05/2027) **) and exited 7 stocks (including 6.48% Government of India (06/10/2035)). Total holding count decreased from 107 to 106 stocks.