Baroda BNP Paribas India Consumption Fund
The fund maintains a consumption-heavy tilt with nearly half its portfolio in the top ten holdings, betting on domestic discretionary demand through automobiles and durables. The concentrated positioning in cyclical consumption plays—especially autos at 23% and retail at 12%—signals conviction that economic growth will sustain demand, though this creates vulnerability if growth softens. The modest addition of United Spirits and marginal cash increase suggest the manager is cautiously optimistic rather than aggressively building positions, maintaining selectivity within the consumption theme.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹32.5228 | — | — | — | — | — | — |
| Regular Growth | ₹29.0187 | +0.54% | -6.08% | -9.46% | -5.54% | +11.48% | — |
| Direct IDCW | ₹20.6953 | — | — | — | — | — | — |
| Regular IDCW | ₹17.8995 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| United Spirits Limited | 0.90% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Bharti Airtel Limited INE397D01024 | 7.98% |
| 2 | Maruti Suzuki India Limited INE585B01010 | 6.22% |
| 3 | Titan Company Limited INE280A01028 | 6.18% |
| 4 | Mahindra & Mahindra Limited INE101A01026 | 5.73% |
| 5 | Eicher Motors Limited INE066A01021 | 4.76% |
| 6 | TVS Motor Company Limited INE494B01023 | 4.06% |
| 7 | ITC Limited INE154A01025 | 3.77% |
| 8 | Hindustan Unilever Limited INE030A01027 | 3.73% |
| 9 | Nestle India Limited INE239A01024 | 3.34% |
| 10 | Eternal Limited INE758T01015 | 3.13% |
| 11 | Britannia Industries Limited INE216A01030 | 3.03% |
| 12 | The Phoenix Mills Limited INE211B01039 | 2.98% |
| 13 | Avenue Supermarts Limited INE192R01011 | 2.91% |
| 14 | Marico Limited INE196A01026 | 2.64% |
| 15 | Clearing Corporation of India Ltd nan | 2.60% |
| 16 | LG Electronics India Ltd INE324D01010 | 2.47% |
| 17 | Godrej Consumer Products Limited INE102D01028 | 2.43% |
| 18 | Tata Consumer Products Limited INE192A01025 | 2.14% |
| 19 | Radico Khaitan Limited INE944F01028 | 2.05% |
| 20 | Trent Limited INE849A01020 | 1.93% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.