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 May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹519.16 Cr

Equity only, excl. debt & cash

Top 5 Weight

25.4%

Moderate

Top 10 Weight

37.8%

Diversified

Changes

0 new · 0 exits

Top Sector

Banks

18.0% of portfolio

📋 What Happened This Month Among existing holdings, Bharat Heavy Electricals Limited saw the biggest increase — now at 2.70% of the portfolio. Pine Labs Limited was trimmed the most, now at 1.17%. Hitachi Energy India Limited remains the top holding with Banks the dominant sector at 18.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

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

+1.07%

+10.11%

-0.83%

+2.46%

Latest NAV

₹16.97

24 Jun 2026

52W High

₹17.36

-2% from High

52W Low

₹14.25

+19% 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

17.1%

+ve in 86% windows

54.7% / -9.8%

3Y Rolling Avg

18.0% 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)

0.79

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.10

Penalises downside volatility only.

Std Deviation (3Y)

13.5%

Lower = more consistent returns.

NAV Chart ₹16.97 24 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: ₹16.97

Sector Shift Industry allocation month-over-month

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%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	18.1%	18.0%	▼ -0.1%
Electrical Equipment	9.9%	10.7%	▲ +0.8%
Pharmaceuticals & Biotechnology	6.8%	6.9%	▲ +0.1%
IT - Software	6.7%	6.9%	▲ +0.1%
Automobiles	5.0%	4.9%	● 0.0%
Petroleum Products	5.3%	4.9%	▼ -0.4%
Construction	4.2%	4.3%	● +0.1%
Auto Components	4.4%	4.2%	▼ -0.1%
Consumer Durables	3.2%	3.2%	● 0.0%
Aerospace & Defense	2.2%	2.2%	● +0.0%

↑

Biggest Add

Bharat Heavy Electricals Limited

+0.44% · now 2.70%

↓

Biggest Trim

Pine Labs Limited

-0.38% · now 1.17%

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

↑ 29 Increased ↓ 25 Decreased

#	Stock	Sector	Apr 2026	May 2026	Change
1	Bharat Heavy Electricals Limited ₹15.00 Cr	Electrical Equipment	2.26%	2.70%	+0.44%
2	Hitachi Energy India Limited ₹36.68 Cr	Electrical Equipment	6.24%	6.59%	+0.35%
3	Yes Bank Limited ₹6.88 Cr	Banks	1.06%	1.24%	+0.18%
4	Persistent Systems Limited ₹10.75 Cr	IT - Software	1.77%	1.93%	+0.16%
5	Hindustan Zinc Limited ₹8.54 Cr	Non - Ferrous Metals	1.43%	1.54%	+0.11%
6	Larsen & Toubro Limited ₹23.85 Cr	Construction	4.19%	4.28%	+0.09%
7	Aequs Limited ₹6.03 Cr	Aerospace & Defense	0.99%	1.08%	+0.09%
8	360 One WAM Limited ₹6.46 Cr	Capital Markets	1.08%	1.16%	+0.08%
9	Akzo Nobel India Limited ₹5.99 Cr	Consumer Durables	1.00%	1.08%	+0.08%
10	Divi's Laboratories Limited ₹12.00 Cr	Pharmaceuticals & Biotechnology	2.09%	2.16%	+0.07%
11	Torrent Pharmaceuticals Limited ₹5.95 Cr	Pharmaceuticals & Biotechnology	1.01%	1.07%	+0.06%
12	Varun Beverages Limited ₹7.60 Cr	Beverages	1.32%	1.37%	+0.05%
13	Eternal Limited ₹9.47 Cr	Retailing	1.66%	1.70%	+0.04%
14	Oracle Financial Services Software Limited ₹7.44 Cr	IT - Software	1.30%	1.34%	+0.04%
15	Eicher Motors Limited ₹9.69 Cr	Automobiles	1.71%	1.74%	+0.03%
16	Axis Bank Limited ₹6.95 Cr	Banks	1.22%	1.25%	+0.03%
17	Bajaj Finserv Limited ₹6.10 Cr	Finance	1.07%	1.10%	+0.03%
18	Bosch Limited ₹5.93 Cr	Auto Components	1.04%	1.07%	+0.03%
19	Tata Elxsi Limited ₹2.70 Cr	IT - Software	0.46%	0.49%	+0.03%
20	Kotak Mahindra Bank Limited ₹12.10 Cr	Banks	2.15%	2.17%	+0.02%
21	The Phoenix Mills Limited ₹8.29 Cr	Realty	1.47%	1.49%	+0.02%
22	ABB India Limited ₹7.83 Cr	Electrical Equipment	1.39%	1.41%	+0.02%
23	The Federal Bank Limited ₹7.80 Cr	Banks	1.38%	1.40%	+0.02%
24	Fortis Healthcare Limited ₹6.68 Cr	Healthcare Services	1.18%	1.20%	+0.02%
25	HDFC Life Insurance Company Limited ₹4.82 Cr	Insurance	0.85%	0.87%	+0.02%
26	ICICI Bank Limited ₹28.27 Cr	Banks	5.07%	5.08%	+0.01%
27	ZF Commercial Vehicle Control Systems India Limited ₹9.24 Cr	Auto Components	1.65%	1.66%	+0.01%
28	GMR Airports Limited ₹1.74 Cr	Transport Infrastructure	0.30%	0.31%	+0.01%
29	Fractal Analytics Ltd ₹60.18 L	IT - Software	0.10%	0.11%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Pine Labs Limited ₹6.50 Cr	Financial Technology (Fintech)	1.55%	1.17%	-0.38%
2	Reliance Industries Limited ₹27.35 Cr	Petroleum Products	5.28%	4.91%	-0.37%
3	State Bank of India ₹12.59 Cr	Banks	2.49%	2.26%	-0.23%
4	Tata Motors Ltd ₹6.15 Cr	Agricultural, Commercial & Construction Vehicles	1.25%	1.10%	-0.15%
5	HDFC Bank Limited ₹25.46 Cr	Banks	4.71%	4.57%	-0.14%
6	Sundaram Clayton Limited ₹2.54 Cr	Auto Components	0.60%	0.46%	-0.14%
7	ITC Limited ₹6.46 Cr	Diversified FMCG	1.26%	1.16%	-0.10%
8	Tata Consultancy Services Limited ₹6.10 Cr	IT - Software	1.19%	1.10%	-0.09%
9	Tata Capital Limited ₹5.51 Cr	Finance	1.07%	0.99%	-0.08%
10	Power Grid Corporation of India Limited ₹4.97 Cr	Power	0.97%	0.89%	-0.08%
11	Titan Company Limited ₹5.50 Cr	Consumer Durables	1.06%	0.99%	-0.07%
12	TVS Motor Company Limited ₹10.57 Cr	Automobiles	1.96%	1.90%	-0.06%
13	NHPC Limited ₹6.53 Cr	Power	1.23%	1.17%	-0.06%
14	Bharti Airtel Limited ₹11.52 Cr	Telecom - Services	2.12%	2.07%	-0.05%
15	LG Electronics India Ltd ₹6.31 Cr	Consumer Durables	1.18%	1.13%	-0.05%
16	Bharat Electronics Limited ₹6.28 Cr	Aerospace & Defense	1.18%	1.13%	-0.05%
17	Nestle India Limited ₹11.51 Cr	Food Products	2.11%	2.07%	-0.04%
18	The India Cements Limited ₹6.36 Cr	Cement & Cement Products	1.18%	1.14%	-0.04%
19	Jtekt India Limited ₹5.80 Cr	Auto Components	1.07%	1.04%	-0.03%
20	Leela Palaces Hotels & Resorts Limited ₹5.58 Cr	Leisure Services	1.03%	1.00%	-0.03%
21	Infosys Limited ₹10.45 Cr	IT - Software	1.90%	1.88%	-0.02%
22	Linde India Limited ₹9.08 Cr	Chemicals & Petrochemicals	1.64%	1.63%	-0.01%
23	Maruti Suzuki India Limited ₹7.09 Cr	Automobiles	1.28%	1.27%	-0.01%
24	Colgate Palmolive (India) Limited ₹5.56 Cr	Personal Products	1.01%	1.00%	-0.01%
25	Pfizer Limited ₹3.44 Cr	Pharmaceuticals & Biotechnology	0.63%	0.62%	-0.01%

What Stocks Does This Fund Hold?

56 stocks — May 2026

#	Stock	Sector	Weight & Value
1	Hitachi Energy India Limited ₹36.68 Cr	Electrical Equipment	6.59%
2	ICICI Bank Limited ₹28.27 Cr	Banks	5.08%
3	Reliance Industries Limited ₹27.35 Cr	Petroleum Products	4.91%
4	HDFC Bank Limited ₹25.46 Cr	Banks	4.57%
5	Larsen & Toubro Limited ₹23.85 Cr	Construction	4.28%
6	Sun Pharmaceutical Industries Limited ₹17.00 Cr	Pharmaceuticals & Biotechnology	3.05%
7	Bharat Heavy Electricals Limited ₹15.00 Cr	Electrical Equipment	2.70%
8	State Bank of India ₹12.59 Cr	Banks	2.26%
9	Kotak Mahindra Bank Limited ₹12.10 Cr	Banks	2.17%
10	Divi's Laboratories Limited ₹12.00 Cr	Pharmaceuticals & Biotechnology	2.16%
11	Bharti Airtel Limited ₹11.52 Cr	Telecom - Services	2.07%
12	Nestle India Limited ₹11.51 Cr	Food Products	2.07%
13	Persistent Systems Limited ₹10.75 Cr	IT - Software	1.93%
14	TVS Motor Company Limited ₹10.57 Cr	Automobiles	1.90%
15	Infosys Limited ₹10.45 Cr	IT - Software	1.88%
16	Eicher Motors Limited ₹9.69 Cr	Automobiles	1.74%
17	Eternal Limited ₹9.47 Cr	Retailing	1.70%
18	ZF Commercial Vehicle Control Systems India Limited ₹9.24 Cr	Auto Components	1.66%
19	Linde India Limited ₹9.08 Cr	Chemicals & Petrochemicals	1.63%
20	Hindustan Zinc Limited ₹8.54 Cr	Non - Ferrous Metals	1.54%
21	The Phoenix Mills Limited ₹8.29 Cr	Realty	1.49%
22	ABB India Limited ₹7.83 Cr	Electrical Equipment	1.41%
23	The Federal Bank Limited ₹7.80 Cr	Banks	1.40%
24	Varun Beverages Limited ₹7.60 Cr	Beverages	1.37%
25	Oracle Financial Services Software Limited ₹7.44 Cr	IT - Software	1.34%
26	Maruti Suzuki India Limited ₹7.09 Cr	Automobiles	1.27%
27	Axis Bank Limited ₹6.95 Cr	Banks	1.25%
28	Yes Bank Limited ₹6.88 Cr	Banks	1.24%
29	Fortis Healthcare Limited ₹6.68 Cr	Healthcare Services	1.20%
30	Pine Labs Limited ₹6.50 Cr	Financial Technology (Fintech)	1.17%
31	NHPC Limited ₹6.53 Cr	Power	1.17%
32	360 One WAM Limited ₹6.46 Cr	Capital Markets	1.16%
33	ITC Limited ₹6.46 Cr	Diversified FMCG	1.16%
34	The India Cements Limited ₹6.36 Cr	Cement & Cement Products	1.14%
35	LG Electronics India Ltd ₹6.31 Cr	Consumer Durables	1.13%
36	Bharat Electronics Limited ₹6.28 Cr	Aerospace & Defense	1.13%
37	Tata Motors Ltd ₹6.15 Cr	Agricultural, Commercial & Construction Vehicles	1.10%
38	Bajaj Finserv Limited ₹6.10 Cr	Finance	1.10%
39	Tata Consultancy Services Limited ₹6.10 Cr	IT - Software	1.10%
40	Aequs Limited ₹6.03 Cr	Aerospace & Defense	1.08%
41	Akzo Nobel India Limited ₹5.99 Cr	Consumer Durables	1.08%
42	Bosch Limited ₹5.93 Cr	Auto Components	1.07%
43	Torrent Pharmaceuticals Limited ₹5.95 Cr	Pharmaceuticals & Biotechnology	1.07%
44	Jtekt India Limited ₹5.80 Cr	Auto Components	1.04%
45	Leela Palaces Hotels & Resorts Limited ₹5.58 Cr	Leisure Services	1.00%
46	Colgate Palmolive (India) Limited ₹5.56 Cr	Personal Products	1.00%
47	Sagility Limited ₹5.54 Cr	IT - Services	1.00%
48	Tata Capital Limited ₹5.51 Cr	Finance	0.99%
49	Titan Company Limited ₹5.50 Cr	Consumer Durables	0.99%
50	Power Grid Corporation of India Limited ₹4.97 Cr	Power	0.89%
51	HDFC Life Insurance Company Limited ₹4.82 Cr	Insurance	0.87%
52	Pfizer Limited ₹3.44 Cr	Pharmaceuticals & Biotechnology	0.62%
53	Tata Elxsi Limited ₹2.70 Cr	IT - Software	0.49%
54	Sundaram Clayton Limited ₹2.54 Cr	Auto Components	0.46%
55	GMR Airports Limited ₹1.74 Cr	Transport Infrastructure	0.31%
56	Fractal Analytics Ltd ₹60.18 L	IT - Software	0.11%