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Sectoral / Thematic · Nippon India Mutual Fund · AMFI code 101862Nippon India Banking & Financial Services Fund
Disclosed for 64 months, May 2021 to Aug 2026.Published as: NIPPON INDIA BANKING & FINANCIAL SERVICES FUND (An open ended equity scheme investing in Banking & Financial Services Sector)
Portfolio value
₹3,012 Cr
up ₹22.2 Cr vs May 2021
- Stocks held
- 27
- up 2 vs May 2021
- Top 10 weight
- 72.6%
- of the portfolio in its ten largest
- Largest position
- 15.9%
Nippon India Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In June 2021 it disclosed 27 stocks worth ₹3,012 Cr, up ₹22.2 Cr from May 2021. Its largest positions were HDFC Bank Limited (15.9%), ICICI Bank Limited (14.6%), State Bank of India (10.8%); the ten largest together made up 72.6% of the portfolio, and Banks was the biggest sector at 68.8% of its equity. Cash and debt stood at 3.1%. Compared with May 2021 the fund entered 3 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
94%
Top-10 weight is higher than 94% of peers
Breadth
11%
Holds more stocks than 11% of peers
Cash
44%
Holds more cash than 44% of peers
What these mean: concentration · cash
Holdings in June 2021
Download CSVEvery line the fund disclosed, with the change against May 2021. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 15.88% | up 3.84 pts | ₹478 Cr | up ₹118 Cr | Added |
| ICICI Bank Limited | 14.57% | down 0.85 pts | ₹439 Cr | down ₹22.1 Cr | Trimmed |
| State Bank of India | 10.76% | down 1.77 pts | ₹324 Cr | down ₹50.7 Cr | Trimmed |
| Axis Bank Limited | 9.83% | up 0.65 pts | ₹296 Cr | up ₹21.6 Cr | Added |
| The Federal Bank Limited | 4.39% | down 0.19 pts | ₹132 Cr | down ₹4.6 Cr | Trimmed |
| SBI Life Insurance Company Limited | 4.35% | up 1.58 pts | ₹131 Cr | up ₹48.1 Cr | Added |
| Bank of Baroda | 4.20% | up 0.22 pts | ₹127 Cr | up ₹7.7 Cr | Added |
| Cash, TREPS & receivables | 3.10% | down 0.51 pts | ₹93.5 Cr | down ₹14.4 Cr | Trimmed |
| SBI Cards and Payment Services Limited | 3.07% | up 0.09 pts | ₹92.5 Cr | up ₹3.3 Cr | Added |
| Max Financial Services Limited | 2.82% | up 0.46 pts | ₹84.8 Cr | up ₹14.4 Cr | Added |
| Angel One Limited | 2.76% | down 0.15 pts | ₹83.3 Cr | down ₹3.8 Cr | Trimmed |
| Poonawalla Fincorp Limited | 2.40% | down 0.37 pts | ₹72.3 Cr | down ₹10.5 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.38% | up 0.06 pts | ₹71.7 Cr | up ₹2.3 Cr | Added |
| Muthoot Finance Limited | 2.30% | down 0.63 pts | ₹69.4 Cr | down ₹18.3 Cr | Trimmed |
| IndusInd Bank Limited | 2.09% | down 0.69 pts | ₹62.9 Cr | down ₹20.1 Cr | Trimmed |
| Power Finance Corporation Limited | 1.71% | down 0.10 pts | ₹51.5 Cr | down ₹2.6 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 1.70% | down 0.11 pts | ₹51.2 Cr | down ₹3.1 Cr | Trimmed |
| RBL Bank Limited | 1.67% | down 0.04 pts | ₹50.3 Cr | down ₹88 L | Trimmed |
| Indian Railway Finance Corporation Limited | 1.59% | up 0.14 pts | ₹48 Cr | up ₹4.5 Cr | Added |
| CreditAccess Grameen Limited | 1.58% | up 0.25 pts | ₹47.7 Cr | up ₹7.9 Cr | Added |
| Bajaj Finserv Limited | 1.29% | down 1.75 pts | ₹38.9 Cr | down ₹52.2 Cr | Trimmed |
| UTI Asset Management Company Limited | 1.13% | up 0.12 pts | ₹34.1 Cr | up ₹3.7 Cr | Added |
| Karur Vysya Bank Limited | 1.12% | down 0.13 pts | ₹33.6 Cr | down ₹3.6 Cr | Trimmed |
| LIC Housing Finance Limited | 1.09% | up 1.09 pts | ₹32.9 Cr | up ₹32.9 Cr | New |
| Motilal Oswal Financial Services Limited | 1.08% | down 0.32 pts | ₹32.6 Cr | down ₹9.2 Cr | Trimmed |
| Equitas Small Finance Bank Limited | 0.39% | up 0.39 pts | ₹11.8 Cr | up ₹11.8 Cr | New |
| Equitas Holdings Limited | 0.31% | up 0.31 pts | ₹9.4 Cr | up ₹9.4 Cr | New |
| PNB Housing Finance Limited | 0.27% | down 1.09 pts | ₹8.2 Cr | down ₹32.5 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.15% | down 0.02 pts | ₹4.6 Cr | down ₹58 L | Trimmed |
What changed, May 2021 to Jun 2021
New New positions (3)
- LIC Housing Finance Limited1.1% · ₹32.9 Cr
- Equitas Small Finance Bank Limited0.4% · ₹11.8 Cr
- Equitas Holdings Limited0.3% · ₹9.4 Cr
Exited Exited (1)
- Canara Bankwas 0.5% · ₹14.5 Cr
Added Biggest additions
- HDFC Bank Limitedup ₹118 Cr (+3.84% pts)
- SBI Life Insurance Company Limitedup ₹48.1 Cr (+1.58% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since May 2021, the weight rose most in Insurance (+2.1 pts) and Banks (+0.5 pts), and fell most in Finance (−2.2 pts) and Capital Markets (−0.4 pts).
- Insurance5.3% → 7.4%+2.1 pts
- Banks68.3% → 68.8%+0.5 pts
- Finance20.8% → 18.6%−2.2 pts
- Capital Markets5.5% → 5.1%−0.4 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | May 2021 | Jun 2021 |
|---|---|---|
| Banks | 68.3% | 68.8% |
| Finance | 20.8% | 18.6% |
| Insurance | 5.3% | 7.4% |
| Capital Markets | 5.5% | 5.1% |
Allocation in Jun 2021change vs May 2021
- Banks (11)68.8%▲ 0.5 pts
- Finance (11)18.6%▼ 2.2 pts
- Insurance (2)7.4%▲ 2.1 pts
- Capital Markets (3)5.1%▼ 0.4 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jun 2021
3.1%
▼ 0.5 pts vs May 2021
- Cash alone
- 3.1%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 3.1% – 3.6%
- lowest to highest · record 3.6% in May 2021
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.