Baroda BNP Paribas Value Fund
The fund maintains a defensive, quality-focused posture with heavy concentration in financials and utilities—positioning for stable earnings and inflation hedging rather than growth. Recent additions of Vedanta spinoffs and coal assets signal conviction in commodity-linked recovery and energy infrastructure tailwinds, while the reduction in Vedanta's consolidated position suggests tactical rebalancing rather than pessimism. The 41% allocation to top ten names and minimal cash leave limited flexibility, indicating the manager believes current valuations offer limited margin of safety elsewhere in the opportunity set.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹14.0608 | — | — | — | — | — | — |
| Regular Growth | ₹13.5344 | +1.64% | -2.63% | -3.79% | -0.49% | — | — |
| Direct IDCW | ₹12.8209 | — | — | — | — | — | — |
| Regular IDCW | ₹12.3402 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Coal India Limited | 1.11% |
| Vedanta Iron And Steel Limited ** | 0.45% |
| Talwandi Sabo Power Limited ** | 0.45% |
| Malco Energy Limited ** | 0.45% |
| Vedanta Aluminium Metal Limited ** | 0.45% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 6.95% |
| 2 | HDFC Bank Limited INE040A01034 | 5.27% |
| 3 | Clearing Corporation of India Ltd nan | 4.78% |
| 4 | GE Vernova T&D India Limited INE200A01026 | 4.57% |
| 5 | ICICI Bank Limited INE090A01021 | 4.31% |
| 6 | Larsen & Toubro Limited INE018A01030 | 3.93% |
| 7 | Bharat Heavy Electricals Limited INE257A01026 | 3.90% |
| 8 | Divi's Laboratories Limited INE361B01024 | 3.05% |
| 9 | Infosys Limited INE009A01021 | 2.32% |
| 10 | State Bank of India INE062A01020 | 2.28% |
| 11 | Kotak Mahindra Bank Limited INE237A01036 | 2.25% |
| 12 | Hero MotoCorp Limited INE158A01026 | 2.17% |
| 13 | Sun Pharmaceutical Industries Limited INE044A01036 | 2.16% |
| 14 | Tata Consultancy Services Limited INE467B01029 | 2.11% |
| 15 | Power Grid Corporation of India Limited INE752E01010 | 2.09% |
| 16 | Oil India Limited INE274J01014 | 2.09% |
| 17 | Tech Mahindra Limited INE669C01036 | 2.01% |
| 18 | NHPC Limited INE848E01016 | 1.98% |
| 19 | JB Chemicals & Pharmaceuticals Limited INE572A01036 | 1.92% |
| 20 | Bharat Electronics Limited INE263A01024 | 1.84% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.