Bajaj Finserv Large Cap Fund
The fund is heavily tilted toward financial services and quality large caps, with banking alone commanding over a quarter of the portfolio. The manager is signaling increased conviction in power and telecom while trimming exposure to pharmaceuticals and infrastructure, suggesting a tactical shift toward cyclical recovery plays over defensive pharma. The concentrated structure—nearly half the portfolio in ten names—reflects a conviction-driven approach, though the recent diversification into new power holdings hints at rotating toward energy transition themes.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹9.8810 | — | — | — | — | — | — |
| Regular Growth | ₹9.6290 | -0.85% | -6.23% | -7.11% | -0.74% | — | — |
| Direct IDCW | ₹9.8810 | — | — | — | — | — | — |
| Regular IDCW | ₹9.6290 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| ABB India Limited | 3.31% |
| Adani Power Limited | 2.41% |
| Bharti Airtel Limited | 2.01% |
| Malco Energy Limited ** | 0.41% |
| Talwandi Sabo Power Limited ** | 0.41% |
| Vedanta Aluminium Metal Limited ** | 0.41% |
| Vedanta Iron And Steel Limited ** | 0.41% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 7.48% |
| 2 | HDFC Bank Limited INE040A01034 | 6.55% |
| 3 | Reliance Industries Limited INE002A01018 | 5.83% |
| 4 | Divi's Laboratories Limited INE361B01024 | 4.24% |
| 5 | Nestle India Limited INE239A01024 | 4.23% |
| 6 | State Bank of India INE062A01020 | 4.08% |
| 7 | LG Electronics India Ltd INE324D01010 | 3.97% |
| 8 | TVS Motor Company Limited INE494B01023 | 3.97% |
| 9 | Apollo Hospitals Enterprise Limited INE437A01024 | 3.56% |
| 10 | Tata Steel Limited INE081A01020 | 3.42% |
| 11 | UltraTech Cement Limited INE481G01011 | 3.39% |
| 12 | ABB India Limited INE117A01022 | 3.31% |
| 13 | Shriram Finance Limited INE721A01047 | 3.28% |
| 14 | Titan Company Limited INE280A01028 | 2.91% |
| 15 | Axis Bank Limited INE238A01034 | 2.88% |
| 16 | Kotak Mahindra Bank Limited INE237A01036 | 2.87% |
| 17 | IndusInd Bank Limited INE095A01012 | 2.85% |
| 18 | NTPC Limited INE733E01010 | 2.80% |
| 19 | Eternal Limited INE758T01015 | 2.58% |
| 20 | Larsen & Toubro Limited INE018A01030 | 2.53% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.