Bajaj Finserv Balanced Advantage
The fund remains heavily tilted toward equities at 84% despite its dynamic mandate, reflecting confidence in market valuations. Banking dominance and selective pharma exposure signal a quality-focused approach, while recent rotations—trimming defensive utilities and metals while upgrading telecom and auto—suggest the manager is rotating toward cyclical recovery plays. The concentrated top-10 at 51% and unusually high cash drag raise questions about whether this is strategic positioning or execution drag from recent market strength.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹11.6900 | — | — | — | — |
| Regular Growth | ₹11.2630 | -0.09% | +0.17% | — | — |
| Direct IDCW | ₹11.6900 | — | — | — | — |
| Regular IDCW | ₹11.2630 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| United Spirits Limited | 0.97% |
| Adani Power Limited | 0.81% |
| Dixon Technologies (India) Limited | 0.55% |
| Wipro Limited | 0.49% |
| Aurobindo Pharma Limited | 0.49% |
| Hindustan Aeronautics Limited | 0.44% |
| Malco Energy Limited ** | 0.28% |
| Vedanta Iron And Steel Limited ** | 0.28% |
| Vedanta Aluminium Metal Limited ** | 0.28% |
| Talwandi Sabo Power Limited ** | 0.28% |
| Solar Industries India Limited | 0.28% |
| Max Financial Services Limited | 0.26% |
| Yes Bank Limited | 0.25% |
| TVS Motor Company Limited | 0.23% |
| ITC Hotels Limited | 0.20% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) nan | 13.52% |
| 2 | HDFC Bank Limited INE040A01034 | 7.43% |
| 3 | Bajaj Finserv Money Market Fund-Direct Plan-Growth INF0QA701334 | 5.42% |
| 4 | ICICI Bank Limited INE090A01021 | 5.29% |
| 5 | Bajaj Auto Limited INE917I01010 | 3.54% |
| 6 | Bajaj Finserv Banking and PSU Fund Dr Pl Gr INF0QA701607 | 3.29% |
| 7 | Reliance Industries Limited INE002A01018 | 3.20% |
| 8 | Hindustan Unilever Limited INE030A01027 | 3.11% |
| 9 | Divi's Laboratories Limited INE361B01024 | 3.09% |
| 10 | Bharti Airtel Limited INE397D01024 | 3.01% |
| 11 | State Bank of India INE062A01020 | 2.79% |
| 12 | Tata Steel Limited INE081A01020 | 2.65% |
| 13 | Axis Bank Limited INE238A01034 | 2.64% |
| 14 | UltraTech Cement Limited INE481G01011 | 2.64% |
| 15 | Larsen & Toubro Limited INE018A01030 | 2.32% |
| 16 | Sanofi Consumer Healthcare India Limited INE0UOS01011 | 1.79% |
| 17 | Schaeffler India Limited INE513A01022 | 1.77% |
| 18 | Titan Company Limited INE280A01028 | 1.72% |
| 19 | Sun Pharmaceutical Industries Limited INE044A01036 | 1.72% |
| 20 | DLF Limited INE271C01023 | 1.71% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bajaj Finserv Balanced Advantage hold?
Bajaj Finserv Balanced Advantage holds 74 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.97% of NAV.
What is the largest holding in Bajaj Finserv Balanced Advantage?
The largest position in Bajaj Finserv Balanced Advantage is Net Receivables / (Payables), accounting for 13.52% of NAV in the nan sector.
Is Bajaj Finserv Balanced Advantage a concentrated or diversified fund?
With a Gini coefficient of 0.512, Bajaj Finserv Balanced Advantage is moderately concentrated. The HHI concentration index is 25,740 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.97% of the portfolio.
What is the market cap allocation of Bajaj Finserv Balanced Advantage?
Based on SEBI's AMFI classification, Bajaj Finserv Balanced Advantage's equity portfolio is split as: Large Cap: 68.92%, Mid Cap: 8.64%, Small Cap: 5.20%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bajaj Finserv Balanced Advantage invest in most?
Bajaj Finserv Balanced Advantage has the highest allocation to Banks (20.38%), nan (15.29%), Pharmaceuticals & Biotechnology (9.55%). The fund is invested across 32 sectors in total.
How actively managed is Bajaj Finserv Balanced Advantage compared to other Dynamic Asset Allocation Fund funds?
Bajaj Finserv Balanced Advantage has an Active Share of 61.54%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bajaj Finserv Balanced Advantage's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bajaj Finserv Balanced Advantage added 15 new stocks (including United Spirits Limited) and exited 7 stocks (including Mahindra & Mahindra Limited). Total holding count increased from 66 to 81 stocks.