Baroda BNP Paribas ELSS Tax Saver Fund
The fund maintains a defensive yet selective posture with heavy concentration in financial stocks—banks alone represent over a fifth of the portfolio—signaling conviction in stability over growth. The deliberate overweight to infrastructure and electrical equipment names like Hitachi Energy and BHEL suggests positioning for India's capex cycle and energy transition, though this conviction appears moderately tempered given the modest 51-stock portfolio still leaves meaningful cash. The exit of LG Electronics indicates the manager is pruning commoditized consumer electronics exposure to focus capital on structural beneficiaries of policy tailwinds and domestic demand strength.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹95.2506 | -0.51% | +2.16% | +16.85% | — |
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 | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 5.71% |
| 2 | Clearing Corporation of India Ltd nan | 5.03% |
| 3 | ICICI Bank Limited INE090A01021 | 4.70% |
| 4 | Reliance Industries Limited INE002A01018 | 4.55% |
| 5 | State Bank of India INE062A01020 | 3.35% |
| 6 | Hitachi Energy India Limited INE07Y701011 | 3.32% |
| 7 | Bharat Heavy Electricals Limited INE257A01026 | 3.26% |
| 8 | Bharti Airtel Limited INE397D01024 | 3.08% |
| 9 | Larsen & Toubro Limited INE018A01030 | 2.72% |
| 10 | Cummins India Limited INE298A01020 | 2.70% |
| 11 | Hindalco Industries Limited INE038A01020 | 2.57% |
| 12 | Navin Fluorine International Limited INE048G01026 | 2.44% |
| 13 | Titan Company Limited INE280A01028 | 2.40% |
| 14 | TVS Motor Company Limited INE494B01023 | 2.38% |
| 15 | Linde India Limited INE473A01011 | 2.33% |
| 16 | Radico Khaitan Limited INE944F01028 | 2.32% |
| 17 | Sagility Limited INE0W2G01015 | 2.25% |
| 18 | Tech Mahindra Limited INE669C01036 | 2.23% |
| 19 | Eternal Limited INE758T01015 | 2.20% |
| 20 | Infosys Limited INE009A01021 | 2.12% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Baroda BNP Paribas ELSS Tax Saver Fund hold?
Baroda BNP Paribas ELSS Tax Saver Fund holds 48 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.34% of NAV.
What is the largest holding in Baroda BNP Paribas ELSS Tax Saver Fund?
The largest position in Baroda BNP Paribas ELSS Tax Saver Fund is HDFC Bank Limited, accounting for 5.71% of NAV in the Banks sector.
Is Baroda BNP Paribas ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.279, Baroda BNP Paribas ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 26,985 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.34% of the portfolio.
What is the market cap allocation of Baroda BNP Paribas ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, Baroda BNP Paribas ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 60.51%, Mid Cap: 22.93%, Small Cap: 9.41%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Baroda BNP Paribas ELSS Tax Saver Fund invest in most?
Baroda BNP Paribas ELSS Tax Saver Fund has the highest allocation to Banks (21.24%), Electrical Equipment (6.58%), IT - Software (6.57%). The fund is invested across 27 sectors in total.
How actively managed is Baroda BNP Paribas ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
Baroda BNP Paribas ELSS Tax Saver Fund has an Active Share of 57.50%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Baroda BNP Paribas ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas ELSS Tax Saver Fund exited 1 stock (including LG Electronics India Ltd). Total holding count decreased from 52 to 51 stocks.