Funds/Equity Savings/Bajaj Finserv Equity Savings Fund

Bajaj Finserv Equity Savings Fund

Bajaj Finserv Mutual Fund·Equity Savings·vs Nifty Equity Savings TRI

The fund maintains a cautious equity stance typical of hybrid mandates, with substantial cash and money market positioning cushioning against volatility. The manager has trimmed net receivables and reduced the HDFC Bank overweight while increasing conviction in ITC, suggesting a shift toward dividend-yielding defensives over banking stability. The tactical additions of Adani Ports and Godfrey Phillips indicate selective opportunism in infrastructure and consumer spaces, though the concentrated top-10 weighting above 100 percent reflects the fund's hybrid mechanics rather than aggressive stock picking.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹10.3200	+0.70%	+1.12%	+2.16%	—	—	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

40.49%

Top 10 Weight

54.13%

Active Share

—

Large Cap

50.75%

Gini

0.538

What Changed2026-03-31 → 2026-04-30

Holdings: 82 → 81+2 added−2 removed48 weight shifts ≥ 0.1%

Stock	Sector	Weight
Godfrey Phillips India Limited	Cigarettes & Tobacco Products	1.97%
Adani Ports and Special Economic Zone Limited	Transport Infrastructure	0.92%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	Net Receivables / (Payables) nan	nan	CASH_EQUIVALENT	48.95%
2	Bajaj Finserv Money Market Fund-Direct Plan-Growth INF0QA701334	nan	MUTUAL_FUND	21.24%
3	ITC Limited INE154A01025	Diversified FMCG	EQUITY	6.76%
4	Clearing Corporation of India Ltd nan	nan	CASH_EQUIVALENT	5.29%
5	ICICI Bank Limited INE090A01021	Banks	EQUITY	4.19%
6	Bajaj Finserv Limited INE918I01026	Finance	EQUITY	3.01%
7	Kotak Mahindra Bank Limited INE237A01036	Banks	EQUITY	2.99%
8	Multi Commodity Exchange of India Limited INE745G01043	Capital Markets	EQUITY	2.83%
9	Eternal Limited INE758T01015	Retailing	EQUITY	2.80%
10	Hindalco Industries Limited INE038A01020	Non - Ferrous Metals	EQUITY	2.55%
11	Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	EQUITY	2.47%
12	Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	EQUITY	2.46%
13	Indus Towers Limited INE121J01017	Telecom - Services	EQUITY	2.42%
14	Bharat Electronics Limited INE263A01024	Aerospace & Defense	EQUITY	2.15%
15	Godfrey Phillips India Limited INE260B01028	Cigarettes & Tobacco Products	EQUITY	1.97%
16	Apollo Hospitals Enterprise Limited INE437A01024	Healthcare Services	EQUITY	1.95%
17	RBL Bank Limited INE976G01028	Banks	EQUITY	1.87%
18	Timken India Limited INE325A01013	Industrial Products	EQUITY	1.83%
19	UltraTech Cement Limited INE481G01011	Cement & Cement Products	EQUITY	1.75%
20	Larsen & Toubro Limited INE018A01030	Construction	EQUITY	1.71%

Sector Allocation

nan27.9%

Banks13.4%

Diversified FMCG7.7%

Finance6.2%

Pharmaceuticals & Biotechnology4.9%

Aerospace & Defense4.6%

Industrial Products3.6%

Capital Markets3.1%

Retailing2.8%

Telecom - Services2.8%

Top 10 sectors by % to NAV. Excludes derivatives.