Bajaj Finserv Flexi Cap Fund
The portfolio is tilted toward quality defensives with a pronounced banking and pharmaceutical overweight, positioning for steady earnings amid economic uncertainty. The manager's recent pruning of cyclical heavyweights like Sun Pharma and Vedanta, combined with nibbles into auto and auto-component names, suggests a measured shift toward value-unlocking stories rather than macro bets. With top-10 holdings near 34 percent, conviction remains concentrated but diversification across 69 names offers reasonable downside protection.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹15.2570 | — | — | — | — |
| Regular Growth | ₹14.6830 | +0.64% | +5.43% | — | — |
| Direct IDCW | ₹15.2570 | — | — | — | — |
| Regular IDCW | ₹14.6830 | — | — | — | — |
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 |
|---|---|
| Page Industries Limited | 1.60% |
| Thermax Limited | 1.53% |
| Sona BLW Precision Forgings Limited | 0.72% |
| TVS Motor Company Limited | 0.38% |
| Malco Energy Limited ** | 0.37% |
| Talwandi Sabo Power Limited ** | 0.37% |
| Vedanta Aluminium Metal Limited ** | 0.37% |
| Vedanta Iron And Steel Limited ** | 0.37% |
| Nazara Technologies Limited | 0.32% |
| Premier Energies Limited | 0.15% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 4.99% |
| 2 | HDFC Bank Limited INE040A01034 | 4.20% |
| 3 | MTAR Technologies Limited INE864I01014 | 3.61% |
| 4 | The Federal Bank Limited INE171A01029 | 3.11% |
| 5 | Divi's Laboratories Limited INE361B01024 | 3.10% |
| 6 | Reliance Industries Limited INE002A01018 | 3.05% |
| 7 | Apollo Hospitals Enterprise Limited INE437A01024 | 3.03% |
| 8 | Titan Company Limited INE280A01028 | 3.03% |
| 9 | UltraTech Cement Limited INE481G01011 | 2.89% |
| 10 | Indus Towers Limited INE121J01017 | 2.85% |
| 11 | Axis Bank Limited INE238A01034 | 2.65% |
| 12 | State Bank of India INE062A01020 | 2.42% |
| 13 | UNO Minda Limited INE405E01023 | 2.26% |
| 14 | Ather Energy Limited INE0LEZ01016 | 2.23% |
| 15 | Eternal Limited INE758T01015 | 2.21% |
| 16 | HEG Limited INE545A01024 | 2.19% |
| 17 | Petronet LNG Limited INE347G01014 | 1.99% |
| 18 | Godrej Consumer Products Limited INE102D01028 | 1.89% |
| 19 | Blue Star Limited INE472A01039 | 1.89% |
| 20 | Cummins India Limited INE298A01020 | 1.87% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Bajaj Finserv Flexi Cap Fund hold?
Bajaj Finserv Flexi Cap Fund holds 68 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.01% of NAV.
What is the largest holding in Bajaj Finserv Flexi Cap Fund?
The largest position in Bajaj Finserv Flexi Cap Fund is ICICI Bank Limited, accounting for 4.99% of NAV in the Banks sector.
Is Bajaj Finserv Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.392, Bajaj Finserv Flexi Cap Fund is well-diversified. The HHI concentration index is 21,696 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.01% of the portfolio.
What is the market cap allocation of Bajaj Finserv Flexi Cap Fund?
Based on SEBI's AMFI classification, Bajaj Finserv Flexi Cap Fund's equity portfolio is split as: Large Cap: 44.85%, Mid Cap: 21.12%, Small Cap: 25.97%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bajaj Finserv Flexi Cap Fund invest in most?
Bajaj Finserv Flexi Cap Fund has the highest allocation to Banks (17.82%), Consumer Durables (9.64%), Pharmaceuticals & Biotechnology (9.33%). The fund is invested across 27 sectors in total.
How actively managed is Bajaj Finserv Flexi Cap Fund compared to other Flexi Cap Fund funds?
Bajaj Finserv Flexi Cap Fund has an Active Share of 65.01%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bajaj Finserv Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bajaj Finserv Flexi Cap Fund added 10 new stocks (including Page Industries Limited) and exited 1 stock (including Mahindra & Mahindra Limited). Total holding count increased from 61 to 69 stocks.