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Funds/Baroda BNP Paribas Business Conglomerates Fund

Baroda BNP Paribas Business Conglomerates Fund

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

The fund maintains a concentrated bet on India's blue-chip conglomerates, with nearly half its portfolio in just ten holdings dominated by industrial powerhouses like Reliance, L&T, and M&M. The recent exit of CESC and increased allocation to Tata Power signal the manager's conviction in large-cap infrastructure and capital-intensive businesses positioned to benefit from India's growth acceleration. The balanced exposure across autos, finance, and industrials reflects a diversified play on consumption and investment cycles rather than sector-specific timing.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Primary₹9.7264-0.65%———
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
43
Top 5 Weight
33.12%
Top 10 Weight
48.40%
Max Position
8.52%
Conviction Bets
18
Gini
0.351
Large Cap
75.53%
Mid Cap
9.34%
Small Cap
8.33%
Top Sector
Automobiles
Sector Count
26
HHI (bps)
37,268

vs Category Peers

Highly Differentiated
Active Share
81.66%
vs peer portfolio
Weight Overlap
16.83%
with avg peer
Cosine Similarity
0.433
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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Gini
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What Changed2026-03-31 → 2026-04-30

Holdings: 45 → 44+0 added−1 removed18 weight shifts ≥ 0.1%
StockWeight
No new entries this month

Full Holdings

#Holding% to NAV
1
Reliance Industries Limited
INE002A01018
8.52%
2
Larsen & Toubro Limited
INE018A01030
8.50%
3
Mahindra & Mahindra Limited
INE101A01026
6.97%
4
Clearing Corporation of India Ltd
nan
4.79%
5
Bajaj Finance Limited
INE296A01032
4.34%
6
Titan Company Limited
INE280A01028
3.48%
7
Tata Power Company Limited
INE245A01021
3.24%
8
Tata Consultancy Services Limited
INE467B01029
2.95%
9
Hindustan Zinc Limited
INE267A01025
2.92%
10
State Bank of India
INE062A01020
2.69%
11
JSW Steel Limited
INE019A01038
2.68%
12
Bajaj Auto Limited
INE917I01010
2.65%
13
Adani Ports and Special Economic Zone Limited
INE742F01042
2.63%
14
Tata Capital Limited
INE976I01016
2.38%
15
Torrent Pharmaceuticals Limited
INE685A01028
2.22%
16
6.79% Government of India (07/10/2034)
IN0020240126
2.17%
17
UltraTech Cement Limited
INE481G01011
2.15%
18
IndusInd Bank Limited
INE095A01012
2.06%
19
Tech Mahindra Limited
INE669C01036
1.95%
20
TVS Motor Company Limited
INE494B01023
1.85%

Sector Allocation

Automobiles11.5%
Finance10.2%
Petroleum Products8.5%
Construction8.5%
IT - Software7.2%
Consumer Durables6.8%
Banks4.8%
Pharmaceuticals & Biotechnology4.7%
Cement & Cement Products4.3%
Power3.2%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Baroda BNP Paribas Business Conglomerates Fund hold?

Baroda BNP Paribas Business Conglomerates Fund holds 43 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 33.12% of NAV.

What is the largest holding in Baroda BNP Paribas Business Conglomerates Fund?

The largest position in Baroda BNP Paribas Business Conglomerates Fund is Reliance Industries Limited, accounting for 8.52% of NAV in the Petroleum Products sector.

Is Baroda BNP Paribas Business Conglomerates Fund a concentrated or diversified fund?

With a Gini coefficient of 0.351, Baroda BNP Paribas Business Conglomerates Fund is well-diversified. The HHI concentration index is 37,268 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 33.12% of the portfolio.

What is the market cap allocation of Baroda BNP Paribas Business Conglomerates Fund?

Based on SEBI's AMFI classification, Baroda BNP Paribas Business Conglomerates Fund's equity portfolio is split as: Large Cap: 75.53%, Mid Cap: 9.34%, Small Cap: 8.33%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Baroda BNP Paribas Business Conglomerates Fund invest in most?

Baroda BNP Paribas Business Conglomerates Fund has the highest allocation to Automobiles (11.47%), Finance (10.23%), Petroleum Products (8.52%). The fund is invested across 26 sectors in total.

How actively managed is Baroda BNP Paribas Business Conglomerates Fund compared to other Sectoral / Thematic funds?

Baroda BNP Paribas Business Conglomerates Fund has an Active Share of 81.66%, 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 Business Conglomerates Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Business Conglomerates Fund exited 1 stock (including CESC Limited). Total holding count decreased from 45 to 44 stocks.