What stocks does Baroda BNP Paribas Business Cycle Fund hold?

Baroda BNP Paribas Business Cycle Fund holds a portfolio of Indian equity stocks disclosed monthly by Baroda BNP Paribas Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Baroda BNP Paribas Business Cycle Fund?

Baroda BNP Paribas Business Cycle Fund is managed by Baroda BNP Paribas Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Baroda BNP Paribas Business Cycle Fund?

Baroda BNP Paribas Business Cycle Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Baroda BNP Paribas Business Cycle Fund portfolio data updated?

Portfolio holdings for Baroda BNP Paribas Business Cycle Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth

Equity Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹524.06 Cr

Equity only, excl. debt & cash

Top 5 Weight

25.5%

Moderate

Top 10 Weight

37.6%

Diversified

Changes

2 new · 2 exits

Top Sector

Banks

18.1% of portfolio

📋 What Happened This Month Baroda BNP Paribas Business Cycle Fund made 2 new additions and exited 2 stocks this month. The biggest new buy was Aequs Limited (Aerospace & Defense) at 0.99% weight. Dr. Reddy's Laboratories Limited was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 1.11%. Among existing holdings, Hitachi Energy India Limited saw the biggest increase — now at 6.24% of the portfolio. Infosys Limited was trimmed the most, now at 1.90%. Hitachi Energy India Limited remains the top holding with Banks the dominant sector at 18.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth

-3.01%

+0.75%

-3.64%

+0.70%

Latest NAV

₹16.46

04 Jun 2026

52W High

₹17.36

-5% from High

52W Low

₹14.25

+16% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+2.3%

2024

+22.1%

2023

+32.6%

2022

+3.1%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

17.3%

+ve in 86% windows

54.7% / -9.8%

3Y Rolling Avg

18.1% p.a.

+ve in 100% windows

24.8% / 12.3%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-20.3%

Rec: not yet

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-18.4%

Rec: Nov 2022 (7 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.73

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.01

Penalises downside volatility only.

Std Deviation (3Y)

13.5%

Lower = more consistent returns.

NAV Chart ₹16.46 04 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Baroda BNP Paribas Business Cycle Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹16.46

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	20.8%	18.6%	▼ -2.2%
Pharmaceuticals & Biotechnology	7.6%	8.3%	▲ +0.7%
Electrical Equipment	7.8%	8.3%	▲ +0.5%
IT - Software	6.0%	7.1%	▲ +1.1%
Automobiles	6.6%	6.1%	▼ -0.5%
Petroleum Products	5.1%	5.5%	▲ +0.4%
Auto Components	4.5%	4.2%	▼ -0.3%
Construction	4.8%	4.0%	▼ -0.7%
Consumer Durables	3.2%	3.3%	▲ +0.1%
Telecom - Services	2.1%	2.2%	▲ +0.1%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	18.6%	18.1%	▼ -0.5%
Electrical Equipment	8.3%	9.9%	▲ +1.6%
Pharmaceuticals & Biotechnology	8.3%	6.8%	▼ -1.5%
IT - Software	7.1%	6.7%	▼ -0.4%
Petroleum Products	5.5%	5.3%	▼ -0.2%
Automobiles	6.1%	5.0%	▼ -1.2%
Auto Components	4.2%	4.4%	▲ +0.2%
Construction	4.0%	4.2%	▲ +0.2%
Consumer Durables	3.3%	3.2%	● -0.1%
Power	1.2%	2.2%	▲ +1.0%

🟢

Biggest New Buy

Aequs Limited

0.99% weight · Aerospace & Defense

🔴

Biggest Exit

Dr. Reddy's Laboratories Limited

1.11% was held · Pharmaceuticals & Biotechnology

↑

Biggest Add

Hitachi Energy India Limited

+0.99% · now 6.24%

↓

Biggest Trim

Infosys Limited

-0.32% · now 1.90%

🤝 Other funds also bought this month

Power Grid Corporation of India Limited 47 funds

Aequs Limited 6 funds

👋 Other funds also exited

Dr. Reddy's Laboratories Limited 25 funds

Hyundai Motor India Ltd 20 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 2 New Entries 🔴 2 Exits ↑ 20 Increased ↓ 32 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Aequs Limited ₹5.58 Cr	Aerospace & Defense	0.99%
2	Power Grid Corporation of India Limited ₹5.44 Cr	Power	0.97%

#	Stock	Sector	Last Weight (Mar 2026)
1	Dr. Reddy's Laboratories Limited ₹5.65 Cr	Pharmaceuticals & Biotechnology	1.11%
2	Hyundai Motor India Ltd ₹4.80 Cr	Automobiles	0.95%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Hitachi Energy India Limited ₹35.03 Cr	Electrical Equipment	5.25%	6.24%	+0.99%
2	Bharat Heavy Electricals Limited ₹12.69 Cr	Electrical Equipment	1.74%	2.26%	+0.52%
3	Oracle Financial Services Software Limited ₹7.27 Cr	IT - Software	1.02%	1.30%	+0.28%
4	Nestle India Limited ₹11.81 Cr	Food Products	1.88%	2.11%	+0.23%
5	Varun Beverages Limited ₹7.40 Cr	Beverages	1.09%	1.32%	+0.23%
6	Pine Labs Limited ₹8.72 Cr	Financial Technology (Fintech)	1.39%	1.55%	+0.16%
7	Larsen & Toubro Limited ₹23.48 Cr	Construction	4.04%	4.19%	+0.15%
8	ABB India Limited ₹7.81 Cr	Electrical Equipment	1.27%	1.39%	+0.12%
9	Bosch Limited ₹5.83 Cr	Auto Components	0.92%	1.04%	+0.12%
10	Hindustan Zinc Limited ₹8.05 Cr	Non - Ferrous Metals	1.34%	1.43%	+0.09%
11	The Phoenix Mills Limited ₹8.26 Cr	Realty	1.39%	1.47%	+0.08%
12	Colgate Palmolive (India) Limited ₹5.66 Cr	Personal Products	0.95%	1.01%	+0.06%
13	Fortis Healthcare Limited ₹6.65 Cr	Healthcare Services	1.13%	1.18%	+0.05%
14	Jtekt India Limited ₹6.00 Cr	Auto Components	1.02%	1.07%	+0.05%
15	Yes Bank Limited ₹5.92 Cr	Banks	1.01%	1.06%	+0.05%
16	Sundaram Clayton Limited ₹3.39 Cr	Auto Components	0.56%	0.60%	+0.04%
17	NHPC Limited ₹6.89 Cr	Power	1.20%	1.23%	+0.03%
18	Titan Company Limited ₹5.92 Cr	Consumer Durables	1.05%	1.06%	+0.01%
19	GMR Airports Limited ₹1.67 Cr	Transport Infrastructure	0.29%	0.30%	+0.01%
20	Fractal Analytics Ltd ₹56.20 L	IT - Software	0.09%	0.10%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Infosys Limited ₹10.64 Cr	IT - Software	2.22%	1.90%	-0.32%
2	ICICI Bank Limited ₹28.43 Cr	Banks	5.35%	5.07%	-0.28%
3	HDFC Bank Limited ₹26.39 Cr	Banks	4.93%	4.71%	-0.22%
4	Sun Pharmaceutical Industries Limited ₹17.09 Cr	Pharmaceuticals & Biotechnology	3.27%	3.05%	-0.22%
5	Persistent Systems Limited ₹9.94 Cr	IT - Software	1.99%	1.77%	-0.22%
6	Tata Motors Ltd ₹7.01 Cr	Agricultural, Commercial & Construction Vehicles	1.47%	1.25%	-0.22%
7	Reliance Industries Limited ₹29.62 Cr	Petroleum Products	5.49%	5.28%	-0.21%
8	TVS Motor Company Limited ₹11.00 Cr	Automobiles	2.09%	1.96%	-0.13%
9	Torrent Pharmaceuticals Limited ₹5.65 Cr	Pharmaceuticals & Biotechnology	1.12%	1.01%	-0.11%
10	The India Cements Limited ₹6.59 Cr	Cement & Cement Products	1.28%	1.18%	-0.10%
11	Bharti Airtel Limited ₹11.89 Cr	Telecom - Services	2.21%	2.12%	-0.09%
12	HDFC Life Insurance Company Limited ₹4.75 Cr	Insurance	0.94%	0.85%	-0.09%
13	Tata Consultancy Services Limited ₹6.68 Cr	IT - Software	1.26%	1.19%	-0.07%
14	Akzo Nobel India Limited ₹5.61 Cr	Consumer Durables	1.07%	1.00%	-0.07%
15	Pfizer Limited ₹3.52 Cr	Pharmaceuticals & Biotechnology	0.70%	0.63%	-0.07%
16	ZF Commercial Vehicle Control Systems India Limited ₹9.26 Cr	Auto Components	1.71%	1.65%	-0.06%
17	Linde India Limited ₹9.22 Cr	Chemicals & Petrochemicals	1.70%	1.64%	-0.06%
18	Leela Palaces Hotels & Resorts Limited ₹5.78 Cr	Leisure Services	1.09%	1.03%	-0.06%
19	Sagility Limited ₹5.63 Cr	IT - Services	1.06%	1.00%	-0.06%
20	Eternal Limited ₹9.34 Cr	Retailing	1.71%	1.66%	-0.05%
21	Kotak Mahindra Bank Limited ₹12.07 Cr	Banks	2.19%	2.15%	-0.04%
22	Eicher Motors Limited ₹9.60 Cr	Automobiles	1.75%	1.71%	-0.04%
23	State Bank of India ₹13.94 Cr	Banks	2.52%	2.49%	-0.03%
24	Maruti Suzuki India Limited ₹7.19 Cr	Automobiles	1.31%	1.28%	-0.03%
25	Bharat Electronics Limited ₹6.60 Cr	Aerospace & Defense	1.21%	1.18%	-0.03%
26	Bajaj Finserv Limited ₹5.98 Cr	Finance	1.10%	1.07%	-0.03%
27	Tata Elxsi Limited ₹2.60 Cr	IT - Software	0.49%	0.46%	-0.03%
28	Divi's Laboratories Limited ₹11.70 Cr	Pharmaceuticals & Biotechnology	2.11%	2.09%	-0.02%
29	ITC Limited ₹7.09 Cr	Diversified FMCG	1.28%	1.26%	-0.02%
30	Axis Bank Limited ₹6.85 Cr	Banks	1.24%	1.22%	-0.02%
31	360 One WAM Limited ₹6.05 Cr	Capital Markets	1.10%	1.08%	-0.02%
32	Tata Capital Limited ₹6.00 Cr	Finance	1.08%	1.07%	-0.01%

Full Portfolio

56 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	Hitachi Energy India Limited ₹35.03 Cr	Electrical Equipment	6.24%
2	Reliance Industries Limited ₹29.62 Cr	Petroleum Products	5.28%
3	ICICI Bank Limited ₹28.43 Cr	Banks	5.07%
4	HDFC Bank Limited ₹26.39 Cr	Banks	4.71%
5	Larsen & Toubro Limited ₹23.48 Cr	Construction	4.19%
6	Sun Pharmaceutical Industries Limited ₹17.09 Cr	Pharmaceuticals & Biotechnology	3.05%
7	State Bank of India ₹13.94 Cr	Banks	2.49%
8	Bharat Heavy Electricals Limited ₹12.69 Cr	Electrical Equipment	2.26%
9	Kotak Mahindra Bank Limited ₹12.07 Cr	Banks	2.15%
10	Bharti Airtel Limited ₹11.89 Cr	Telecom - Services	2.12%
11	Nestle India Limited ₹11.81 Cr	Food Products	2.11%
12	Divi's Laboratories Limited ₹11.70 Cr	Pharmaceuticals & Biotechnology	2.09%
13	TVS Motor Company Limited ₹11.00 Cr	Automobiles	1.96%
14	Infosys Limited ₹10.64 Cr	IT - Software	1.90%
15	Persistent Systems Limited ₹9.94 Cr	IT - Software	1.77%
16	Eicher Motors Limited ₹9.60 Cr	Automobiles	1.71%
17	Eternal Limited ₹9.34 Cr	Retailing	1.66%
18	ZF Commercial Vehicle Control Systems India Limited ₹9.26 Cr	Auto Components	1.65%
19	Linde India Limited ₹9.22 Cr	Chemicals & Petrochemicals	1.64%
20	Pine Labs Limited ₹8.72 Cr	Financial Technology (Fintech)	1.55%
21	The Phoenix Mills Limited ₹8.26 Cr	Realty	1.47%
22	Hindustan Zinc Limited ₹8.05 Cr	Non - Ferrous Metals	1.43%
23	ABB India Limited ₹7.81 Cr	Electrical Equipment	1.39%
24	The Federal Bank Limited ₹7.75 Cr	Banks	1.38%
25	Varun Beverages Limited ₹7.40 Cr	Beverages	1.32%
26	Oracle Financial Services Software Limited ₹7.27 Cr	IT - Software	1.30%
27	Maruti Suzuki India Limited ₹7.19 Cr	Automobiles	1.28%
28	ITC Limited ₹7.09 Cr	Diversified FMCG	1.26%
29	Tata Motors Ltd ₹7.01 Cr	Agricultural, Commercial & Construction Vehicles	1.25%
30	NHPC Limited ₹6.89 Cr	Power	1.23%
31	Axis Bank Limited ₹6.85 Cr	Banks	1.22%
32	Tata Consultancy Services Limited ₹6.68 Cr	IT - Software	1.19%
33	Fortis Healthcare Limited ₹6.65 Cr	Healthcare Services	1.18%
34	Bharat Electronics Limited ₹6.60 Cr	Aerospace & Defense	1.18%
35	LG Electronics India Ltd ₹6.60 Cr	Consumer Durables	1.18%
36	The India Cements Limited ₹6.59 Cr	Cement & Cement Products	1.18%
37	360 One WAM Limited ₹6.05 Cr	Capital Markets	1.08%
38	Jtekt India Limited ₹6.00 Cr	Auto Components	1.07%
39	Tata Capital Limited ₹6.00 Cr	Finance	1.07%
40	Bajaj Finserv Limited ₹5.98 Cr	Finance	1.07%
41	Titan Company Limited ₹5.92 Cr	Consumer Durables	1.06%
42	Yes Bank Limited ₹5.92 Cr	Banks	1.06%
43	Bosch Limited ₹5.83 Cr	Auto Components	1.04%
44	Leela Palaces Hotels & Resorts Limited ₹5.78 Cr	Leisure Services	1.03%
45	Colgate Palmolive (India) Limited ₹5.66 Cr	Personal Products	1.01%
46	Torrent Pharmaceuticals Limited ₹5.65 Cr	Pharmaceuticals & Biotechnology	1.01%
47	Sagility Limited ₹5.63 Cr	IT - Services	1.00%
48	Akzo Nobel India Limited ₹5.61 Cr	Consumer Durables	1.00%
49	Aequs Limited ₹5.58 Cr	Aerospace & Defense	0.99%
50	Power Grid Corporation of India Limited ₹5.44 Cr	Power	0.97%
51	HDFC Life Insurance Company Limited ₹4.75 Cr	Insurance	0.85%
52	Pfizer Limited ₹3.52 Cr	Pharmaceuticals & Biotechnology	0.63%
53	Sundaram Clayton Limited ₹3.39 Cr	Auto Components	0.60%
54	Tata Elxsi Limited ₹2.60 Cr	IT - Software	0.46%
55	GMR Airports Limited ₹1.67 Cr	Transport Infrastructure	0.30%
56	Fractal Analytics Ltd ₹56.20 L	IT - Software	0.10%