Bajaj Finserv Balanced Advantage
Bajaj Finserv Mutual Fund·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹11.5590 | — | — | — | — | — | — |
| Regular Growth | ₹11.1370 | +0.04% | -4.05% | -5.43% | +0.19% | — | — |
| Direct IDCW | ₹11.5590 | — | — | — | — | — | — |
| Regular IDCW | ₹11.1370 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
74
Top 5 Weight
24.97%
Top 10 Weight
40.17%
Active Share
—
Large Cap
68.92%
Gini
0.512
What Changed2026-03-31 → 2026-04-30
Holdings: 66 → 81+15 added−7 removed37 weight shifts ≥ 0.1%
| 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
Banks20.4%
nan15.3%
Pharmaceuticals & Biotechnology9.6%
Diversified FMCG4.5%
Ferrous Metals4.5%
Automobiles4.3%
Telecom - Services3.7%
Cement & Cement Products3.5%
Finance3.5%
Petroleum Products3.2%
Top 10 sectors by % to NAV. Excludes derivatives.