Baroda BNP Paribas Manufacturing Fund
The fund maintains a concentrated bet on manufacturing-linked sectors, with electrical equipment and pharma anchoring nearly 30% of the portfolio. The manager's recent trimming of Vedanta alongside selective additions in industrial names like Siemens Energy suggests conviction in quality manufacturing plays over commodity-exposed stocks. With only 49 holdings and top-10 representing 44% of assets, this remains a conviction-driven portfolio tilted toward domestically-focused industrial recovery.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹11.1293 | — | — | — | — |
| Regular Growth | ₹10.8392 | +4.23% | +15.59% | — | — |
| Direct IDCW | ₹11.1293 | — | — | — | — |
| Regular IDCW | ₹10.8392 | — | — | — | — |
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 | 1.03% |
| Aequs Limited | 1.01% |
| Vedanta Aluminium Metal Limited ** | 0.84% |
| Talwandi Sabo Power Limited ** | 0.84% |
| Malco Energy Limited ** | 0.84% |
| Vedanta Iron And Steel Limited ** | 0.84% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Hitachi Energy India Limited INE07Y701011 | 7.85% |
| 2 | Divi's Laboratories Limited INE361B01024 | 5.95% |
| 3 | Reliance Industries Limited INE002A01018 | 5.56% |
| 4 | Clearing Corporation of India Ltd nan | 4.30% |
| 5 | Bharat Heavy Electricals Limited INE257A01026 | 4.30% |
| 6 | Sun Pharmaceutical Industries Limited INE044A01036 | 3.86% |
| 7 | National Aluminium Company Limited INE139A01034 | 3.66% |
| 8 | Mahindra & Mahindra Limited INE101A01026 | 3.15% |
| 9 | TVS Motor Company Limited INE494B01023 | 2.84% |
| 10 | Linde India Limited INE473A01011 | 2.75% |
| 11 | Maruti Suzuki India Limited INE585B01010 | 2.71% |
| 12 | JSW Steel Limited INE019A01038 | 2.57% |
| 13 | Hero MotoCorp Limited INE158A01026 | 2.33% |
| 14 | Escorts Kubota Limited INE042A01014 | 2.31% |
| 15 | AstraZeneca Pharma India Limited INE203A01020 | 2.17% |
| 16 | Cummins India Limited INE298A01020 | 2.14% |
| 17 | Sumitomo Chemical India Limited INE258G01013 | 2.13% |
| 18 | ZF Commercial Vehicle Control Systems India Limited INE342J01019 | 2.09% |
| 19 | NLC India Limited INE589A01014 | 1.93% |
| 20 | Bharat Forge Limited INE465A01025 | 1.91% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Baroda BNP Paribas Manufacturing Fund hold?
Baroda BNP Paribas Manufacturing Fund holds 48 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.96% of NAV.
What is the largest holding in Baroda BNP Paribas Manufacturing Fund?
The largest position in Baroda BNP Paribas Manufacturing Fund is Hitachi Energy India Limited, accounting for 7.85% of NAV in the Electrical Equipment sector.
Is Baroda BNP Paribas Manufacturing Fund a concentrated or diversified fund?
With a Gini coefficient of 0.348, Baroda BNP Paribas Manufacturing Fund is well-diversified. The HHI concentration index is 31,331 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.96% of the portfolio.
What is the market cap allocation of Baroda BNP Paribas Manufacturing Fund?
Based on SEBI's AMFI classification, Baroda BNP Paribas Manufacturing Fund's equity portfolio is split as: Large Cap: 44.36%, Mid Cap: 26.56%, Small Cap: 18.80%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Baroda BNP Paribas Manufacturing Fund invest in most?
Baroda BNP Paribas Manufacturing Fund has the highest allocation to Electrical Equipment (15.02%), Pharmaceuticals & Biotechnology (14.22%), Automobiles (11.03%). The fund is invested across 22 sectors in total.
How actively managed is Baroda BNP Paribas Manufacturing Fund compared to other Sectoral / Thematic funds?
Baroda BNP Paribas Manufacturing Fund has an Active Share of 85.08%, 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 Manufacturing Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Baroda BNP Paribas Manufacturing Fund added 6 new stocks (including Siemens Energy India Limited) and exited 1 stock (including Dr. Reddy's Laboratories Limited). Total holding count increased from 44 to 49 stocks.