Baroda BNP Paribas Flexi Cap Fund
The fund maintains a balanced yet selective approach with a pronounced banking tilt that represents nearly a quarter of the portfolio, signaling conviction in financial sector stability and valuations. The manager's focused 45-stock structure with nearly 40% concentrated in the top ten indicates preference for high-conviction ideas over diversification. Recent moves trimming healthcare exposure while adding Titan and boosting industrials like Cummins and Hindalco suggest a tactical shift toward domestic consumption and capital goods momentum, though the elevated cash position hints at caution on near-term valuations.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹16.1367 | — | — | — | — |
| Regular Growth | ₹15.3252 | +1.34% | +0.50% | +14.27% | — |
| Direct IDCW | ₹13.4766 | — | — | — | — |
| Regular IDCW | ₹12.7951 | — | — | — | — |
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 |
|---|---|
| Titan Company Limited | 1.46% |
| Aurobindo Pharma Limited | 1.16% |
| SBI Life Insurance Company Limited | 0.30% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Clearing Corporation of India Ltd nan | 7.73% |
| 2 | HDFC Bank Limited INE040A01034 | 4.34% |
| 3 | Bharti Airtel Limited INE397D01024 | 3.54% |
| 4 | Cummins India Limited INE298A01020 | 3.51% |
| 5 | The Federal Bank Limited INE171A01029 | 3.47% |
| 6 | Hindalco Industries Limited INE038A01020 | 3.46% |
| 7 | Reliance Industries Limited INE002A01018 | 3.34% |
| 8 | IndusInd Bank Limited INE095A01012 | 3.24% |
| 9 | Bharat Heavy Electricals Limited INE257A01026 | 3.23% |
| 10 | Jindal Steel Limited INE749A01030 | 3.06% |
| 11 | Axis Bank Limited INE238A01034 | 2.91% |
| 12 | One 97 Communications Limited INE982J01020 | 2.69% |
| 13 | Radico Khaitan Limited INE944F01028 | 2.57% |
| 14 | Solar Industries India Limited INE343H01029 | 2.57% |
| 15 | Larsen & Toubro Limited INE018A01030 | 2.51% |
| 16 | Persistent Systems Limited INE262H01021 | 2.40% |
| 17 | Shriram Finance Limited INE721A01047 | 2.34% |
| 18 | Mahindra & Mahindra Limited INE101A01026 | 2.32% |
| 19 | Hitachi Energy India Limited INE07Y701011 | 2.24% |
| 20 | Sun Pharmaceutical Industries Limited INE044A01036 | 2.19% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Baroda BNP Paribas Flexi Cap Fund hold?
Baroda BNP Paribas Flexi Cap Fund holds 44 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 22.59% of NAV.
What is the largest holding in Baroda BNP Paribas Flexi Cap Fund?
The largest position in Baroda BNP Paribas Flexi Cap Fund is Clearing Corporation of India Ltd, accounting for 7.73% of NAV.
Is Baroda BNP Paribas Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.260, Baroda BNP Paribas Flexi Cap Fund is well-diversified. The HHI concentration index is 29,120 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 22.59% of the portfolio.
What is the market cap allocation of Baroda BNP Paribas Flexi Cap Fund?
Based on SEBI's AMFI classification, Baroda BNP Paribas Flexi Cap Fund's equity portfolio is split as: Large Cap: 49.10%, Mid Cap: 31.03%, Small Cap: 6.56%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Baroda BNP Paribas Flexi Cap Fund invest in most?
Baroda BNP Paribas Flexi Cap Fund has the highest allocation to Banks (21.87%), IT - Software (7.37%), Electrical Equipment (7.20%). The fund is invested across 25 sectors in total.
How actively managed is Baroda BNP Paribas Flexi Cap Fund compared to other Flexi Cap Fund funds?
Baroda BNP Paribas Flexi Cap Fund has an Active Share of 68.54%, 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 Baroda BNP Paribas Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Flexi Cap Fund added 3 new stocks (including Titan Company Limited) and exited 4 stocks (including Hyundai Motor India Ltd). Total holding count decreased from 46 to 45 stocks.