Baroda BNP Paribas Equity Savings Fund
Baroda BNP Paribas Mutual Fund·Equity Savings·vs Nifty Equity Savings TRI
The fund maintains a defensive hybrid posture with a substantial cash cushion offsetting its concentrated equity exposure dominated by large-cap financials and infrastructure plays. The manager is clearly rotating toward shorter-duration housing finance debt while trimming healthcare and fintech positions, signaling a preference for immediate-term yield over growth. This tactical reshuffling suggests conviction in near-term rate stability and credit quality in the housing space, though the top-heavy concentration warrants monitoring for liquidity risks.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹18.2105 | — | — | — | — | — | — |
| Regular Growth | ₹16.9104 | +0.78% | -0.81% | -0.80% | +3.54% | +9.01% | +7.61% |
| Direct IDCW | ₹13.5709 | — | — | — | — | — | — |
| Regular IDCW | ₹12.6025 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
71
Top 5 Weight
17.46%
Top 10 Weight
30.87%
Active Share
—
Large Cap
48.66%
Gini
0.338
What Changed2026-03-31 → 2026-04-30
Holdings: 77 → 73+2 added−6 removed24 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| 8.15% PNB Housing Finance Limited (29/07/2027) | 0.71% |
| 6.4% LIC Housing Finance Limited (30/11/2026) | 0.71% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) nan | 29.33% |
| 2 | 7.32% Government of India (13/11/2030) IN0020230135 | 3.64% |
| 3 | Bharti Airtel Limited INE397D01024 | 3.57% |
| 4 | Reliance Industries Limited INE002A01018 | 3.51% |
| 5 | HDFC Bank Limited INE040A01034 | 3.50% |
| 6 | 7.18% Government of India (14/08/2033) IN0020230085 | 3.24% |
| 7 | ICICI Bank Limited INE090A01021 | 3.09% |
| 8 | State Bank of India INE062A01020 | 2.75% |
| 9 | Larsen & Toubro Limited INE018A01030 | 2.57% |
| 10 | 8.7% Shriram Finance Limited (09/04/2028) ** INE721A07SL9 | 2.53% |
| 11 | 6.92% Power Finance Corporation Limited (16/02/2028) ** INE134E08OA7 | 2.47% |
| 12 | 7.22% Small Industries Dev Bank of India (10/04/2029) ** INE556F08LC0 | 2.46% |
| 13 | Tata Power Company Limited INE245A01021 | 2.46% |
| 14 | Tata Steel Limited INE081A01020 | 2.32% |
| 15 | Sun Pharmaceutical Industries Limited INE044A01036 | 2.22% |
| 16 | Axis Bank Limited INE238A01034 | 2.11% |
| 17 | Mahindra & Mahindra Limited INE101A01026 | 2.04% |
| 18 | Adani Ports and Special Economic Zone Limited INE742F01042 | 1.79% |
| 19 | 7.90% Jamnagar Utilities & Power Private Limited (10/08/2028) ** INE936D07182 | 1.78% |
| 20 | 7.50% National Bank For Agriculture and Rural Development (31/08/2026) ** INE261F08EA6 | 1.78% |
Sector Allocation
nan29.3%
Banks16.4%
CRISIL AAA15.6%
Sovereign8.6%
Power6.1%
Petroleum Products3.8%
Telecom - Services3.6%
IT - Software3.1%
Automobiles3.0%
Realty2.9%
Top 10 sectors by % to NAV. Excludes derivatives.