Baroda BNP Paribas Innovation Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹12.7118 | +1.31% | +8.53% | — | — |
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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Baroda BNP Paribas Innovation Fund hold?
Baroda BNP Paribas Innovation Fund holds 46 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 21.20% of NAV.
What is the largest holding in Baroda BNP Paribas Innovation Fund?
The largest position in Baroda BNP Paribas Innovation Fund is Linde India Limited, accounting for 4.65% of NAV in the Chemicals & Petrochemicals sector.
Is Baroda BNP Paribas Innovation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.263, Baroda BNP Paribas Innovation Fund is well-diversified. The HHI concentration index is 26,598 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 21.20% of the portfolio.
What is the market cap allocation of Baroda BNP Paribas Innovation Fund?
Based on SEBI's AMFI classification, Baroda BNP Paribas Innovation Fund's equity portfolio is split as: Large Cap: 30.95%, Mid Cap: 32.97%, Small Cap: 23.98%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Baroda BNP Paribas Innovation Fund invest in most?
Baroda BNP Paribas Innovation Fund has the highest allocation to Retailing (11.08%), Capital Markets (8.45%), Financial Technology (Fintech) (8.13%). The fund is invested across 23 sectors in total.
How actively managed is Baroda BNP Paribas Innovation Fund compared to other Sectoral / Thematic funds?
Baroda BNP Paribas Innovation Fund has an Active Share of 78.73%, 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 Innovation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Innovation Fund added 1 new stock (including 182 Days Tbill (MD 03/09/2026)) and exited 1 stock (including 364 Days Tbill (MD 01/05/2026)). Total holding count remained at 47 stocks.