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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹9.9920 | — | — | — | — |
| Regular Growth | ₹9.7370 | -1.18% | -0.81% | — | — |
| Direct IDCW | ₹9.9920 | — | — | — | — |
| Regular IDCW | ₹9.7370 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive 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 |
|---|---|
| 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.
Frequently Asked Questions
How many stocks does Bajaj Finserv Large Cap Fund hold?
Bajaj Finserv Large Cap Fund holds 35 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 28.33% of NAV.
What is the largest holding in Bajaj Finserv Large Cap Fund?
The largest position in Bajaj Finserv Large Cap Fund is ICICI Bank Limited, accounting for 7.48% of NAV in the Banks sector.
Is Bajaj Finserv Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.316, Bajaj Finserv Large Cap Fund is well-diversified. The HHI concentration index is 36,901 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 28.33% of the portfolio.
What is the market cap allocation of Bajaj Finserv Large Cap Fund?
Based on SEBI's AMFI classification, Bajaj Finserv Large Cap Fund's equity portfolio is split as: Large Cap: 85.72%, Mid Cap: 5.34%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Bajaj Finserv Large Cap Fund invest in most?
Bajaj Finserv Large Cap Fund has the highest allocation to Banks (26.71%), Consumer Durables (8.71%), Pharmaceuticals & Biotechnology (7.03%). The fund is invested across 20 sectors in total.
How actively managed is Bajaj Finserv Large Cap Fund compared to other Large Cap Fund funds?
Bajaj Finserv Large Cap Fund has an Active Share of 47.98%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Bajaj Finserv Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Bajaj Finserv Large Cap Fund added 7 new stocks (including ABB India Limited) and exited 3 stocks (including Coal India Limited). Total holding count increased from 33 to 36 stocks.