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Bajaj Finserv Multi Asset Allocation Fund - Direct Growth

Multi Asset Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
55
May 2026
Equity Holdings
₹1,248.45 Cr
Equity only, excl. debt & cash
Top 5 Weight
20.5%
Diversified
Top 10 Weight
30.3%
Diversified
Changes
75
37 new · 20 exits
Top Sector
Banks
18.9% of portfolio
📋 What Happened This Month Bajaj Finserv Multi Asset Allocation Fund made 37 new additions and exited 20 stocks this month. The biggest new buy was ICICI Bank Limited (Banks) at 5.56% weight. ITC Limited was the biggest exit (Diversified FMCG), which was held at 5.00%. Among existing holdings, Manappuram Finance Limited saw the biggest increase — now at 1.08% of the portfolio. Indian Bank was trimmed the most, now at 0.40%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 18.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 19.9% 18.1% -1.8%
Diversified FMCG 1.3% 7.7% +6.4%
IT - Software 3.9% 6.7% +2.8%
Finance 2.4% 4.9% +2.5%
Pharmaceuticals & Biotechnology 6.2% 3.9% -2.3%
Power 2.9% 3.9% +0.9%
Gas 1.4% 3.7% +2.2%
Food Products 0.0% 3.0% +3.0%
Telecom - Services 3.2% 3.0% -0.2%
Consumable Fuels 0.0% 2.7% +2.7%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 18.1% 18.9% +0.8%
Pharmaceuticals & Biotechnology 3.9% 6.7% +2.8%
Telecom - Services 3.0% 4.3% +1.4%
Automobiles 0.0% 4.0% +4.0%
Finance 4.9% 3.7% -1.2%
Consumer Durables 1.6% 3.3% +1.7%
IT - Software 6.7% 3.3% -3.5%
Construction 0.0% 2.6% +2.6%
Power 3.9% 2.5% -1.4%
Industrial Products 0.0% 2.4% +2.4%
🟢
Biggest New Buy
ICICI Bank Limited
5.56% weight · Banks
🔴
Biggest Exit
ITC Limited
5.00% was held · Diversified FMCG
Biggest Add
Manappuram Finance Limited
+0.60% · now 1.08%
Biggest Trim
Indian Bank
-1.81% · now 0.40%
🤝 Other funds also bought this month
Bharti Airtel Limited 41 funds
Bharti Airtel Limited
Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan
ICICI Prudential Nifty Top 15 Equal Weight Index Fund - Direct Plan - Growth
BAJAJ FINSERV MULTI CAP FUND - DIRECT - GROWTH + more
Asian Paints Limited 37 funds
Asian Paints Limited
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth
Motilal Oswal Nifty 200 Momentum 30 Index Fund
HDFC NIFTY200 MOMENTUM 30 INDEX FUND + more
ICICI Bank Limited 37 funds
ICICI Bank Limited
Groww Nifty Private Bank Index Fund
Groww Nifty Private Bank ETF
ICICI Prudential Nifty Private Bank Index Fund - Direct Plan - Growth + more
Axis Bank Limited 35 funds
Axis Bank Limited
Groww Nifty Private Bank Index Fund
Groww Nifty Private Bank ETF
ICICI Prudential Nifty Private Bank Index Fund - Direct Plan - Growth + more
Shriram Finance Limited 35 funds
Shriram Finance Limited
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth
Motilal Oswal Nifty 200 Momentum 30 Index Fund
HDFC NIFTY200 MOMENTUM 30 INDEX FUND + more
Bajaj Auto Limited 34 funds
Bajaj Auto Limited
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
Bandhan Multi-Factor Fund - Direct Plan - Growth
Bajaj Finserv Balanced Advantage Fund-Direct Plan-Growth + more
👋 Other funds also exited
Canara Bank 23 funds
Canara Bank
Baroda BNP Paribas Banking and Financial Services Fund - Direct - Growth Option
Samco Large Cap Fund
BARODA BNP PARIBAS Focused Fund - Direct Plan - Growth Option + more
ITC Limited 22 funds
ITC Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
JM Focused Fund (Direct) - Growth Option
Mirae Asset Focused Fund Direct Plan Growth + more
Bank of Baroda 21 funds
Bank of Baroda
Samco Large Cap Fund
Groww Banking & Financial Services Fund - Direct Plan - Growth
Nippon India Active Momentum Fund-Direct Plan - Growth Option + more
Tata Consultancy Services Limited 21 funds
Tata Consultancy Services Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth
LIC MF Balanced Advantage Fund-Direct Plan-Growth + more
Britannia Industries Limited 18 funds
Britannia Industries Limited
BAJAJ FINSERV LARGE CAP FUND - DIRECT PLAN - GROWTH
BAJAJ FINSERV CONSUMPTION FUND - DIRECT - GROWTH
ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth + more
Coal India Limited 16 funds
Coal India Limited
SAMCO FLEXICAP FUND
Bandhan Nifty 500 Value 50 Index Fund
Samco Large & Mid Cap Fund + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 37 New Entries 🔴 20 Exits ↑ 5 Increased ↓ 13 Decreased
#StockSectorWeight (May 2026)
1
ICICI Bank Limited
₹103.01 Cr
Banks 5.56%
2
Bharti Airtel Limited
₹48.24 Cr
Telecom - Services 2.61%
3
Larsen & Toubro Limited
₹47.76 Cr
Construction 2.58%
4
Reliance Industries Limited
₹42.56 Cr
Petroleum Products 2.30%
5
Divi's Laboratories Limited
₹30.84 Cr
Pharmaceuticals & Biotechnology 1.67%
6
Axis Bank Limited
₹28.31 Cr
Banks 1.53%
7
Petronet LNG Limited
₹26.29 Cr
Gas 1.42%
8
Shriram Finance Limited
₹24.74 Cr
Finance 1.34%
9
UltraTech Cement Limited
₹24.36 Cr
Cement & Cement Products 1.32%
10
Whirlpool of India Limited
₹23.24 Cr
Consumer Durables 1.26%
#StockSectorLast Weight (Apr 2026)
1
ITC Limited
₹57.82 Cr
Diversified FMCG 5.00%
2
Britannia Industries Limited
₹34.47 Cr
Food Products 2.98%
3
Coal India Limited
₹30.81 Cr
Consumable Fuels 2.67%
4
Tata Consultancy Services Limited
₹28.49 Cr
IT - Software 2.47%
5
Bank of Baroda
₹26.35 Cr
Banks 2.28%
6
GAIL (India) Limited
₹24.80 Cr
Gas 2.15%
7
Bajaj Finserv Limited
₹21.71 Cr
Finance 1.88%
8
Mahanagar Gas Limited
₹17.65 Cr
Gas 1.53%
9
Marico Limited
₹16.33 Cr
Agricultural Food & other Products 1.41%
10
Abbott India Limited
₹14.94 Cr
Pharmaceuticals & Biotechnology 1.29%
#StockSectorApr 2026May 2026Change
1
Manappuram Finance Limited
₹20.07 Cr
Finance 0.48% 1.08% +0.60%
2
Hindustan Zinc Limited
₹13.29 Cr
Non - Ferrous Metals 0.23% 0.72% +0.49%
3
Tata Steel Limited
₹35.15 Cr
Ferrous Metals 1.47% 1.90% +0.43%
4
ICRA Limited
₹10.43 Cr
Capital Markets 0.34% 0.56% +0.22%
5
Page Industries Limited
₹18.33 Cr
Textiles & Apparels 0.88% 0.99% +0.11%
#StockSectorApr 2026May 2026Change
1
Indian Bank
₹7.49 Cr
Banks 2.21% 0.40% -1.81%
2
HDFC Bank Limited
₹124.62 Cr
Banks 8.39% 6.73% -1.66%
3
Hindustan Unilever Limited
₹22.47 Cr
Diversified FMCG 2.70% 1.21% -1.49%
4
Indus Towers Limited
₹32.07 Cr
Telecom - Services 2.96% 1.73% -1.23%
5
CRISIL Limited
₹6.09 Cr
Finance 1.55% 0.33% -1.22%
6
State Bank of India
₹54.97 Cr
Banks 4.13% 2.97% -1.16%
7
NTPC Limited
₹22.06 Cr
Power 2.25% 1.19% -1.06%
8
Power Grid Corporation of India Limited
₹13.07 Cr
Power 1.62% 0.71% -0.91%
9
GlaxoSmithKline Pharmaceuticals Limited
₹20.33 Cr
Pharmaceuticals & Biotechnology 1.75% 1.10% -0.65%
10
Infosys Limited
₹42.38 Cr
IT - Software 2.71% 2.29% -0.42%

What Stocks Does This Fund Hold?

55 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹124.62 Cr
Banks
6.73%
2
₹103.01 Cr
Banks
5.56%
3
₹54.97 Cr
Banks
2.97%
4
₹48.24 Cr
Telecom - Services
2.61%
5
₹47.76 Cr
Construction
2.58%
6
₹42.56 Cr
Petroleum Products
2.30%
7
₹42.38 Cr
IT - Software
2.29%
8
₹35.15 Cr
Ferrous Metals
1.90%
9
₹32.07 Cr
Telecom - Services
1.73%
10
₹30.84 Cr
Pharmaceuticals & Biotechnology
1.67%
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🏦 Bajaj Finserv Mutual Fund — Portfolio & Holdings
See all funds managed by Bajaj Finserv Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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