Funds/Multi Cap Fund/Bajaj Finserv Multi Cap Fund

Bajaj Finserv Multi Cap Fund

Bajaj Finserv Mutual Fund·Multi Cap Fund·vs Nifty 500 Multicap 50:25:25 TRI

The fund maintains a balanced multi-cap tilt with concentrated exposure to financials and a deliberate tilt toward cyclical recovery plays—cement, steel, and industrial names dominate alongside quality banking stocks. Recent portfolio churn shows the manager rotating out of defensive healthcare and paint positions into energy and power names, signaling conviction that commodity-linked and infrastructure-adjacent sectors are positioned for near-term outperformance. The modest cash buffer and stable top-10 composition suggest selective opportunism rather than directional hedging.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹11.3770	+3.99%	+0.64%	-0.93%	+4.34%	—	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

18.84%

Top 10 Weight

31.05%

Active Share

—

Large Cap

31.89%

Gini

0.374

What Changed2026-03-31 → 2026-04-30

Holdings: 77 → 79+8 added−6 removed41 weight shifts ≥ 0.1%

Stock	Sector	Weight
Page Industries Limited	Textiles & Apparels	0.94%
ITC Hotels Limited	Leisure Services	0.83%
Malco Energy Limited **	Miscellaneous	0.68%
Talwandi Sabo Power Limited **	Miscellaneous	0.68%
Vedanta Aluminium Metal Limited **	Miscellaneous	0.68%
Vedanta Iron And Steel Limited **	Miscellaneous	0.68%
Siemens Energy India Limited	Electrical Equipment	0.52%
Yes Bank Limited	Banks	0.49%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	HDFC Bank Limited INE040A01034	Banks	EQUITY	4.92%
2	Larsen & Toubro Limited INE018A01030	Construction	EQUITY	4.19%
3	Schaeffler India Limited INE513A01022	Auto Components	EQUITY	3.77%
4	The Federal Bank Limited INE171A01029	Banks	EQUITY	3.27%
5	Axis Bank Limited INE238A01034	Banks	EQUITY	2.69%
6	Steel Authority of India Limited INE114A01011	Ferrous Metals	EQUITY	2.67%
7	Tata Steel Limited INE081A01020	Ferrous Metals	EQUITY	2.50%
8	Bajaj Auto Limited INE917I01010	Automobiles	EQUITY	2.41%
9	K.P.R. Mill Limited INE930H01031	Textiles & Apparels	EQUITY	2.32%
10	MTAR Technologies Limited INE864I01014	Electrical Equipment	EQUITY	2.31%
11	Aurobindo Pharma Limited INE406A01037	Pharmaceuticals & Biotechnology	EQUITY	2.28%
12	Neuland Laboratories Limited INE794A01010	Pharmaceuticals & Biotechnology	EQUITY	2.19%
13	Asian Paints Limited INE021A01026	Consumer Durables	EQUITY	2.19%
14	HEG Limited INE545A01024	Industrial Products	EQUITY	2.12%
15	UltraTech Cement Limited INE481G01011	Cement & Cement Products	EQUITY	2.08%
16	Dalmia Bharat Limited INE00R701025	Cement & Cement Products	EQUITY	1.98%
17	Eternal Limited INE758T01015	Retailing	EQUITY	1.93%
18	Max Financial Services Limited INE180A01020	Insurance	EQUITY	1.92%
19	ICICI Bank Limited INE090A01021	Banks	EQUITY	1.80%
20	Navin Fluorine International Limited INE048G01026	Chemicals & Petrochemicals	EQUITY	1.79%

Sector Allocation

Banks16.3%

Cement & Cement Products9.0%

Construction6.3%

Consumer Durables6.2%

Pharmaceuticals & Biotechnology6.2%

Textiles & Apparels5.9%

Ferrous Metals5.2%

Industrial Products5.0%

Auto Components4.4%

Electrical Equipment3.5%

Top 10 sectors by % to NAV. Excludes derivatives.