Baroda BNP Paribas Focused Fund
The manager is rotating toward quality financial infrastructure and defensive sectors, evidenced by building positions in Coal India, Titan, and smaller banks while trimming overweight financials like Bajaj Finance and HDFC Bank. The 54% concentration in top ten holdings reflects a conviction-driven, high-conviction portfolio tilted toward banks and telecom, signaling comfort with cyclical recovery plays rather than growth. The modest 7.2% cash level and deliberate trimming of consumer discretionary suggest confidence in near-term valuations, though this concentrated bet leaves limited room for error.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹23.7662 | — | — | — | — |
| Regular Growth | ₹20.6787 | +0.21% | -4.45% | +10.71% | — |
| Direct IDCW | ₹15.6295 | — | — | — | — |
| Regular IDCW | ₹13.6292 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| Coal India Limited | 4.41% |
| Titan Company Limited | 4.01% |
| Karur Vysya Bank Limited | 2.02% |
| Mphasis Limited | 1.91% |
| Union Bank of India | 1.14% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Bharti Airtel Limited INE397D01024 | 9.36% |
| 2 | Clearing Corporation of India Ltd nan | 7.37% |
| 3 | Axis Bank Limited INE238A01034 | 5.81% |
| 4 | IndusInd Bank Limited INE095A01012 | 5.24% |
| 5 | Multi Commodity Exchange of India Limited INE745G01043 | 4.99% |
| 6 | NHPC Limited INE848E01016 | 4.44% |
| 7 | Coal India Limited INE522F01014 | 4.41% |
| 8 | Navin Fluorine International Limited INE048G01026 | 4.16% |
| 9 | Mahindra & Mahindra Limited INE101A01026 | 4.02% |
| 10 | Titan Company Limited INE280A01028 | 4.01% |
| 11 | Bharat Heavy Electricals Limited INE257A01026 | 3.90% |
| 12 | Power Grid Corporation of India Limited INE752E01010 | 3.89% |
| 13 | Tech Mahindra Limited INE669C01036 | 3.77% |
| 14 | Bharat Electronics Limited INE263A01024 | 3.62% |
| 15 | Sun Pharmaceutical Industries Limited INE044A01036 | 3.31% |
| 16 | One 97 Communications Limited INE982J01020 | 3.18% |
| 17 | Larsen & Toubro Limited INE018A01030 | 3.06% |
| 18 | HDFC Bank Limited INE040A01034 | 2.94% |
| 19 | Persistent Systems Limited INE262H01021 | 2.93% |
| 20 | Kotak Mahindra Bank Limited INE237A01036 | 2.78% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Baroda BNP Paribas Focused Fund hold?
Baroda BNP Paribas Focused Fund holds 28 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 32.77% of NAV.
What is the largest holding in Baroda BNP Paribas Focused Fund?
The largest position in Baroda BNP Paribas Focused Fund is Bharti Airtel Limited, accounting for 9.36% of NAV in the Telecom - Services sector.
Is Baroda BNP Paribas Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.273, Baroda BNP Paribas Focused Fund is well-diversified. The HHI concentration index is 45,281 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 32.77% of the portfolio.
What is the market cap allocation of Baroda BNP Paribas Focused Fund?
Based on SEBI's AMFI classification, Baroda BNP Paribas Focused Fund's equity portfolio is split as: Large Cap: 57.24%, Mid Cap: 21.60%, Small Cap: 6.18%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Baroda BNP Paribas Focused Fund invest in most?
Baroda BNP Paribas Focused Fund has the highest allocation to Banks (23.64%), Telecom - Services (9.36%), IT - Software (8.61%). The fund is invested across 18 sectors in total.
How actively managed is Baroda BNP Paribas Focused Fund compared to other Focused Fund funds?
Baroda BNP Paribas Focused Fund has an Active Share of 75.04%, classifying it as "Highly Differentiated" among 27 Focused Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Baroda BNP Paribas Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Focused Fund added 5 new stocks (including Coal India Limited) and exited 5 stocks (including Vishal Mega Mart Limited). Total holding count remained at 29 stocks.