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Funds/Baroda BNP Paribas Banking and Financial Services Fund

Baroda BNP Paribas Banking and Financial Services Fund

Baroda BNP Paribas Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a fortress position in large-cap banking, with nearly two-thirds allocated to banks led by the "Big Three" private banks and SBI. The concentrated portfolio signals conviction that established lenders will benefit from India's credit cycle, though the 8.4% cash holding suggests the manager is cautiously awaiting better entry points. Recent trimming of Bajaj Finance and entry into J&K Bank hint at a tactical shift toward undervalued regional opportunities while pruning pricier non-bank financials.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Primary₹46.8091-2.15%-0.94%+13.45%+12.38%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
30
Top 5 Weight
43.02%
Top 10 Weight
64.64%
Max Position
9.91%
Conviction Bets
18
Gini
0.396
Large Cap
53.53%
Mid Cap
16.46%
Small Cap
10.53%
Top Sector
Banks
Sector Count
7
HHI (bps)
54,216

vs Category Peers

Highly Differentiated
Active Share
83.78%
vs peer portfolio
Weight Overlap
14.57%
with avg peer
Cosine Similarity
0.528
portfolio angle
Peer Count
237
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Similar Funds in Category

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Holdings
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Gini
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Gini
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What Changed2026-03-31 → 2026-04-30

Holdings: 31 → 31+1 added−1 removed25 weight shifts ≥ 0.1%
StockWeight
The Jammu & Kashmir Bank Limited1.33%

Full Holdings

#Holding% to NAV
1
HDFC Bank Limited
INE040A01034
9.91%
2
ICICI Bank Limited
INE090A01021
8.92%
3
Axis Bank Limited
INE238A01034
8.47%
4
Clearing Corporation of India Ltd
nan
8.28%
5
State Bank of India
INE062A01020
7.44%
6
Kotak Mahindra Bank Limited
INE237A01036
6.40%
7
IndusInd Bank Limited
INE095A01012
5.29%
8
Shriram Finance Limited
INE721A01047
3.49%
9
Multi Commodity Exchange of India Limited
INE745G01043
3.43%
10
Bajaj Finance Limited
INE296A01032
3.01%
11
Canara Bank
INE476A01022
2.77%
12
Ujjivan Small Finance Bank Limited
INE551W01018
2.63%
13
SBI Life Insurance Company Limited
INE123W01016
2.34%
14
One 97 Communications Limited
INE982J01020
2.14%
15
ICICI Prudential Asset Management Company Limited
INE346A01027
2.11%
16
IIFL Finance Limited
INE530B01024
2.06%
17
Union Bank of India
INE692A01016
2.02%
18
Karur Vysya Bank Limited
INE036D01028
2.02%
19
Muthoot Finance Limited
INE414G01012
1.85%
20
AU Small Finance Bank Limited
INE949L01017
1.83%

Sector Allocation

Banks61.5%
Finance12.7%
Capital Markets10.0%
Insurance4.0%
Financial Technology (Fintech)2.1%
Sovereign1.3%
nan0.1%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Baroda BNP Paribas Banking and Financial Services Fund hold?

Baroda BNP Paribas Banking and Financial Services Fund holds 30 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 43.02% of NAV.

What is the largest holding in Baroda BNP Paribas Banking and Financial Services Fund?

The largest position in Baroda BNP Paribas Banking and Financial Services Fund is HDFC Bank Limited, accounting for 9.91% of NAV in the Banks sector.

Is Baroda BNP Paribas Banking and Financial Services Fund a concentrated or diversified fund?

With a Gini coefficient of 0.396, Baroda BNP Paribas Banking and Financial Services Fund is well-diversified. The HHI concentration index is 54,216 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 43.02% of the portfolio.

What is the market cap allocation of Baroda BNP Paribas Banking and Financial Services Fund?

Based on SEBI's AMFI classification, Baroda BNP Paribas Banking and Financial Services Fund's equity portfolio is split as: Large Cap: 53.53%, Mid Cap: 16.46%, Small Cap: 10.53%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Baroda BNP Paribas Banking and Financial Services Fund invest in most?

Baroda BNP Paribas Banking and Financial Services Fund has the highest allocation to Banks (61.54%), Finance (12.72%), Capital Markets (9.98%). The fund is invested across 7 sectors in total.

How actively managed is Baroda BNP Paribas Banking and Financial Services Fund compared to other Sectoral / Thematic funds?

Baroda BNP Paribas Banking and Financial Services Fund has an Active Share of 83.78%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in Baroda BNP Paribas Banking and Financial Services Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Banking and Financial Services Fund added 1 new stock (including The Jammu & Kashmir Bank Limited) and exited 1 stock (including Poonawalla Fincorp Limited). Total holding count remained at 31 stocks.