Bajaj Finserv AMC January Rebalancing: Key Changes In Flexi Cap And Large Cap Funds

Bajaj Finserv Asset Management Company (BFAMC) made several portfolio adjustments across its Flexi Cap and Large Cap funds in January. While the changes were moderate, they reflect active rebalancing as fund managers responded to market conditions, stock performance and sector trends.

BFAMC Flexi Cap Fund: AUM Rises Marginally

The BFAMC Flexi Cap Fund ended January with assets under management (AUM) of ₹6,316 crore, marking a month-on-month increase of ₹52 crore. The fund witnessed a wide range of exits and new additions, indicating a reshaping of its portfolio rather than a directional shift.

During the month, the fund exited several stocks, including Hindustan Copper, V-Mart Retail, Neogen Chemicals, Allied Blenders & Distillers, Grindwell Norton and Vinati Organics. Financial and consumer names such as Aditya Birla Capital, Yes Bank, Biocon, FSN E-Commerce Ventures and InterGlobe Aviation were also removed. Other exits included Hitachi Energy, GE Vernova T&D and DLF.

On the addition side, the fund brought in Federal Bank, IDFC First Bank and Kotak Mahindra Bank, signalling selective exposure to the banking space. It also added Hindustan Unilever, Titan, Piramal Pharma, Rubicon Research, JK Tyre and Vesuvius.

Among existing holdings, the largest increases in portfolio weight were seen in Indus Towers, Eicher Motors, Asian Paints, Divi’s Laboratories and Infosys. At the same time, exposure was reduced in SBI, MCX, Bajaj Finserv, HDFC Bank and Ujjivan Small Finance Bank.

BFAMC Large Cap Fund: AUM Declines In January

The BFAMC Large Cap Fund reported an AUM of ₹1,558.63 crore at the end of January, down ₹108.50 crore during the month. The fund made fewer changes compared with the Flexi Cap Fund, but the adjustments were notable.

Stocks exited included Aditya Birla Capital, Bharat Electronics, InterGlobe Aviation, Tata Steel and DLF. New additions to the portfolio were Ashok Leyland, Vedanta, Shriram Finance and Titan, indicating a selective approach towards cyclical and consumption-linked names.

The largest increases in portfolio allocation were recorded in United Spirits, Divi’s Laboratories, Indus Towers, IndusInd Bank and Infosys. Meanwhile, SBI saw the sharpest reduction, followed by ICICI Bank and Mahindra & Mahindra.

What The Changes Indicate

The January reshuffle across both funds suggests a focus on refining stock selection rather than making aggressive allocation shifts. Banking, pharmaceuticals and select consumer names continued to see adjustments, while exposure to certain metals, infrastructure and travel-related stocks was reduced.

Conclusion

BFAMC’s January portfolio changes highlight an active yet measured rebalancing strategy. While the Flexi Cap Fund saw a slight rise in AUM, the Large Cap Fund experienced some outflows. Overall, the adjustments reflect an effort to align portfolios with evolving market trends while managing risk across sectors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual fund investments in the securities market are subject to market risks. Read all the related documents carefully before investing.