Baroda BNP Paribas Energy Opportunities Fund
The fund remains heavily concentrated in India's energy value chain, with power generation and distribution dominating nearly 41% of the portfolio through utilities and grid infrastructure plays. The manager's recent portfolio trimming of refinery exposure while adding electrical equipment specialists like Siemens Energy signals conviction toward the renewable transition narrative rather than traditional commodity plays. The elevated cash position amid relatively concentrated holdings suggests the manager is maintaining optionality while waiting for attractive entry points in clean energy infrastructure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹12.5421 | — | — | — | — |
| Regular Growth | ₹12.3086 | +4.15% | +9.45% | — | — |
| Direct IDCW | ₹12.5421 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| Siemens Energy India Limited | 1.20% |
| KEI Industries Limited | 0.20% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 9.44% |
| 2 | Coal India Limited INE522F01014 | 9.12% |
| 3 | Clearing Corporation of India Ltd nan | 7.69% |
| 4 | Oil & Natural Gas Corporation Limited INE213A01029 | 6.94% |
| 5 | NTPC Limited INE733E01010 | 6.72% |
| 6 | Power Grid Corporation of India Limited INE752E01010 | 5.81% |
| 7 | Tata Power Company Limited INE245A01021 | 4.68% |
| 8 | Cummins India Limited INE298A01020 | 4.44% |
| 9 | Bharat Heavy Electricals Limited INE257A01026 | 4.33% |
| 10 | NHPC Limited INE848E01016 | 4.20% |
| 11 | Hitachi Energy India Limited INE07Y701011 | 3.77% |
| 12 | Oil India Limited INE274J01014 | 3.62% |
| 13 | NLC India Limited INE589A01014 | 2.67% |
| 14 | GE Vernova T&D India Limited INE200A01026 | 2.54% |
| 15 | ABB India Limited INE117A01022 | 2.54% |
| 16 | GAIL (India) Limited INE129A01019 | 2.52% |
| 17 | Linde India Limited INE473A01011 | 2.16% |
| 18 | Clean Max Enviro Energy Solutions Limited INE647U01026 | 1.91% |
| 19 | Larsen & Toubro Limited INE018A01030 | 1.69% |
| 20 | UltraTech Cement Limited INE481G01011 | 1.63% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Baroda BNP Paribas Energy Opportunities Fund hold?
Baroda BNP Paribas Energy Opportunities Fund holds 31 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 39.91% of NAV.
What is the largest holding in Baroda BNP Paribas Energy Opportunities Fund?
The largest position in Baroda BNP Paribas Energy Opportunities Fund is Reliance Industries Limited, accounting for 9.44% of NAV in the Petroleum Products sector.
Is Baroda BNP Paribas Energy Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.413, Baroda BNP Paribas Energy Opportunities Fund is well-diversified. The HHI concentration index is 51,800 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 39.91% of the portfolio.
What is the market cap allocation of Baroda BNP Paribas Energy Opportunities Fund?
Based on SEBI's AMFI classification, Baroda BNP Paribas Energy Opportunities Fund's equity portfolio is split as: Large Cap: 60.37%, Mid Cap: 24.00%, Small Cap: 4.86%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Baroda BNP Paribas Energy Opportunities Fund invest in most?
Baroda BNP Paribas Energy Opportunities Fund has the highest allocation to Power (27.21%), Electrical Equipment (15.98%), Petroleum Products (12.27%). The fund is invested across 12 sectors in total.
How actively managed is Baroda BNP Paribas Energy Opportunities Fund compared to other Sectoral / Thematic funds?
Baroda BNP Paribas Energy Opportunities Fund has an Active Share of 88.78%, 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 Energy Opportunities Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Energy Opportunities Fund added 2 new stocks (including Siemens Energy India Limited) and exited 3 stocks (including Chennai Petroleum Corporation Limited). Total holding count decreased from 33 to 32 stocks.