Baroda BNP Paribas Innovation Fund
Baroda BNP Paribas Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a concentrated innovation tilt across fintech, capital markets, and specialty chemicals, with the top ten stocks commanding over a third of assets. The manager's marginal shift toward shorter-dated treasuries and a modest cash buffer suggests tactical caution despite the equity-heavy stance, signaling measured conviction in current valuations. This positioning reflects confidence in structural growth themes while hedging near-term volatility risks.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹12.5855 | +2.48% | +0.40% | -1.42% | +9.30% | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
46
Top 5 Weight
21.20%
Top 10 Weight
37.47%
Active Share
—
Large Cap
30.95%
Gini
0.263
What Changed2026-03-31 → 2026-04-30
Holdings: 47 → 47+1 added−1 removed32 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| 182 Days Tbill (MD 03/09/2026) | 1.13% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Linde India Limited INE473A01011 | 4.65% |
| 2 | Hitachi Energy India Limited INE07Y701011 | 4.60% |
| 3 | Clearing Corporation of India Ltd nan | 4.27% |
| 4 | Multi Commodity Exchange of India Limited INE745G01043 | 3.84% |
| 5 | One 97 Communications Limited INE982J01020 | 3.84% |
| 6 | Eternal Limited INE758T01015 | 3.39% |
| 7 | Cummins India Limited INE298A01020 | 3.37% |
| 8 | Acutaas Chemicals Limited INE00FF01025 | 3.24% |
| 9 | PB Fintech Limited INE417T01026 | 3.18% |
| 10 | Navin Fluorine International Limited INE048G01026 | 3.09% |
| 11 | Bharti Airtel Limited INE397D01024 | 2.89% |
| 12 | TVS Motor Company Limited INE494B01023 | 2.87% |
| 13 | Reliance Industries Limited INE002A01018 | 2.67% |
| 14 | Divi's Laboratories Limited INE361B01024 | 2.64% |
| 15 | ICICI Bank Limited INE090A01021 | 2.61% |
| 16 | Bajaj Finance Limited INE296A01032 | 2.48% |
| 17 | 3M India Limited INE470A01017 | 2.40% |
| 18 | Sagility Limited INE0W2G01015 | 2.29% |
| 19 | FSN E-Commerce Ventures Limited INE388Y01029 | 2.25% |
| 20 | BSE Limited INE118H01025 | 2.05% |
Sector Allocation
Retailing11.1%
Capital Markets8.4%
Financial Technology (Fintech)8.1%
Chemicals & Petrochemicals7.7%
Pharmaceuticals & Biotechnology7.1%
Electrical Equipment6.5%
IT - Software6.0%
Automobiles4.9%
Banks4.3%
IT - Services3.6%
Top 10 sectors by % to NAV. Excludes derivatives.