Baroda BNP Paribas Business Cycle Fund

Baroda BNP Paribas Mutual FundThematicPortfolio as of 31 July 2026

Baroda BNP Paribas Business Cycle Fund holds 59 instruments (97.58% equity), led by ICICI Bank Limited (5.73%), Hitachi Energy India Limited (5.24%) and Reliance Industries Limited (5.15%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
59
Equity Allocation
97.58%
AMC
Baroda BNP Paribas Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of Baroda BNP Paribas Business Cycle Fund, managed by Baroda BNP Paribas Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 59 instruments with an equity allocation of 97.58%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Baroda BNP Paribas Business Cycle Fund's top 10 holdings account for 38.05% of its portfolio, more diversified than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 24.49% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 1 position, with Hitachi Energy India Limited seeing the largest move (-0.48pp to 5.24%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry1 exit10 increased8 reduced

Biggest Weight Increases

StockWeightChange
TVS Motor Company Limited1.94% → 2.41%▲ +0.47
Divi's Laboratories Limited2.11% → 2.57%▲ +0.46
Persistent Systems Limited1.6% → 2.04%▲ +0.44
Infosys Limited1.61% → 2.01%▲ +0.4
Reliance Industries Limited4.78% → 5.15%▲ +0.37
ETERNAL LIMITED1.78% → 2.03%▲ +0.25
ICICI Bank Limited5.52% → 5.73%▲ +0.21
Sun Pharmaceutical Industries Limited3.14% → 3.34%▲ +0.2
Eicher Motors Limited1.7% → 1.88%▲ +0.18
Tata Consultancy Services Limited0.98% → 1.13%▲ +0.15

Biggest Weight Reductions

StockWeightChange
Hitachi Energy India Limited5.72% → 5.24%▼ -0.48
HDFC Bank Limited4.87% → 4.54%▼ -0.33
Larsen & Toubro Limited4.32% → 4.09%▼ -0.23
Varun Beverages Limited1.14% → 0.99%▼ -0.15
Linde India Limited1.64% → 1.51%▼ -0.13
Axis Bank Limited1.3% → 1.18%▼ -0.12
ZF Commercial Vehicle Control Systems India Limited1.73% → 1.62%▼ -0.11
JSW Dulux Limited1.09% → 0.99%▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 5.47%, Mar: 5.35%, Apr: 5.07%, May: 5.08%, Jun: 5.52%, Jul: 5.73%
5.73%
Feb: 4.95%, Mar: 5.25%, Apr: 6.24%, May: 6.59%, Jun: 5.72%, Jul: 5.24%
5.24%
Feb: 5.08%, Mar: 5.49%, Apr: 5.28%, May: 4.91%, Jun: 4.78%, Jul: 5.15%
5.15%
Feb: 5.35%, Mar: 4.93%, Apr: 4.71%, May: 4.57%, Jun: 4.87%, Jul: 4.54%
4.54%
Feb: 4.75%, Mar: 4.04%, Apr: 4.19%, May: 4.28%, Jun: 4.32%, Jul: 4.09%
4.09%

Full Portfolio (59 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services5.73%
2Hitachi Energy India LimitedIndustrials5.24%
3Reliance Industries LimitedEnergy5.15%
4HDFC Bank LimitedFinancial Services4.54%
5Larsen & Toubro LimitedIndustrials4.09%
6Sun Pharmaceutical Industries LimitedHealthcare3.34%
7Bharat Heavy Electricals LimitedIndustrials2.6%
8Divi's Laboratories LimitedHealthcare2.57%
9TVS Motor Company LimitedConsumer Discretionary2.41%
10State Bank of IndiaFinancial Services2.38%
11Bharti Airtel LimitedTelecommunication2.2%
12Kotak Mahindra Bank LimitedFinancial Services2.18%
13Nestle India LimitedConsumer Staples2.17%
14Persistent Systems LimitedInformation Technology2.04%
15ETERNAL LIMITEDConsumer Discretionary2.03%
16Infosys LimitedInformation Technology2.01%
17Eicher Motors LimitedConsumer Discretionary1.88%
18Waterways Leisure Tourism LimitedConsumer Discretionary1.77%
19The Federal Bank LimitedFinancial Services1.72%
20Clearing Corporation of India Ltdother1.63%
21ZF Commercial Vehicle Control Systems India LimitedConsumer Discretionary1.62%
22The Phoenix Mills LimitedReal Estate1.57%
23Linde India LimitedMaterials1.51%
24ABB India LimitedIndustrials1.4%
25Oracle Financial Services Software LimitedInformation Technology1.39%
26Maruti Suzuki India LimitedConsumer Discretionary1.36%
27Aequs LimitedIndustrials1.36%
28Hindustan Zinc LimitedMaterials1.29%
29Bajaj Finserv LimitedFinancial Services1.23%
30Torrent Pharmaceuticals LimitedHealthcare1.23%
31Fortis Healthcare LimitedHealthcare1.21%
32Tata Motors LimitedIndustrials1.19%
33Leela Palaces Hotels & Resorts LimitedConsumer Discretionary1.18%
34Bosch LimitedConsumer Discretionary1.18%
35360 ONE WAM LIMITEDFinancial Services1.18%
36Axis Bank LimitedFinancial Services1.18%
37The India Cements LimitedMaterials1.18%
38Pine Labs LimitedFinancial Services1.17%
39Titan Company LimitedConsumer Discretionary1.17%
40Tata Capital LimitedFinancial Services1.17%
41NHPC LimitedUtilities1.16%
42Tata Consultancy Services LimitedInformation Technology1.13%
43Yes Bank LimitedFinancial Services1.13%
44ITC LimitedConsumer Staples1.12%
45Bharat Electronics LimitedIndustrials1.11%
46Jtekt India LimitedConsumer Discretionary1.1%
47LG Electronics India LimitedConsumer Discretionary1.09%
48SAGILITY LIMITEDInformation Technology1.04%
49Tech Mahindra LimitedInformation Technology1.03%
50Colgate Palmolive (India) LimitedConsumer Staples0.99%
51JSW Dulux LimitedConsumer Discretionary0.99%
52Varun Beverages LimitedConsumer Staples0.99%
53HDFC Life Insurance Company LimitedFinancial Services0.88%
54364 Days Tbill (MD )tbill0.87%
55Power Grid Corporation of India LimitedUtilities0.86%
56Pfizer LimitedHealthcare0.64%
57Tata Elxsi LimitedInformation Technology0.41%
58Fractal Analytics LimitedInformation Technology0.09%
59Net Receivables / (Payables)other-0.08%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 5.73% of Baroda BNP Paribas Business Cycle Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, Hitachi Energy India Limited is 5.24% of Baroda BNP Paribas Business Cycle Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 5.15% of Baroda BNP Paribas Business Cycle Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 4.54% of Baroda BNP Paribas Business Cycle Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, Larsen & Toubro Limited is 4.09% of Baroda BNP Paribas Business Cycle Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Baroda BNP Paribas Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.