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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
₹3,282 Cr
up ₹138 Cr vs Sep 2021
- Stocks held
- 26
- down 1 vs Sep 2021
- Top 10 weight
- 70.6%
- of the portfolio in its ten largest
- Largest position
Nippon India Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In October 2021 it disclosed 26 stocks worth ₹3,282 Cr, up ₹138 Cr from Sep 2021. Its largest positions were ICICI Bank Limited (14.9%), HDFC Bank Limited (13.7%), State Bank of India (9.5%); the ten largest together made up 70.6% of the portfolio, and Banks was the biggest sector at 66.9% of its equity. Cash and debt stood at 2.1%. Compared with Sep 2021 the fund entered 0 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
10%
Holds more stocks than 10% of peers
Cash
30%
Holds more cash than 30% of peers
What these mean: concentration · cash
Holdings in October 2021
Download CSVEvery line the fund disclosed, with the change against Sep 2021. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 14.92% | up 1.20 pts | ₹490 Cr | up ₹58.3 Cr | Added |
| HDFC Bank Limited | 13.71% | down 1.72 pts | ₹450 Cr | down ₹35.3 Cr | Trimmed |
| State Bank of India | 9.53% | down 0.02 pts | ₹313 Cr | up ₹12.5 Cr | Added |
| Axis Bank Limited | 9.28% | up <0.01 pts | ₹305 Cr | up ₹12.9 Cr | Added |
| Bank of Baroda | 4.97% | up 0.62 pts | ₹163 Cr | up ₹26.3 Cr | Added |
| The Federal Bank Limited | 4.21% | up 0.41 pts | ₹138 Cr | up ₹18.6 Cr | Added |
| SBI Cards and Payment Services Limited | 4.19% | down 0.24 pts | ₹137 Cr | down ₹1.8 Cr | Trimmed |
| LIC Housing Finance Limited | 3.35% | up 0.09 pts | ₹110 Cr | up ₹7.4 Cr | Added |
| Angel One Limited | 3.33% | down 0.17 pts | ₹109 Cr | down ₹74 L | Trimmed |
| SBI Life Insurance Company Limited | 3.14% | down 0.72 pts | ₹103 Cr | down ₹18.4 Cr | Trimmed |
| IndusInd Bank Limited | 2.85% | up 0.66 pts | ₹93.4 Cr | up ₹24.6 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.84% | down 0.07 pts | ₹93.1 Cr | up ₹1.6 Cr | Added |
| Max Financial Services Limited | 2.37% | up 0.76 pts | ₹77.9 Cr | up ₹27.2 Cr | Added |
| RBL Bank Limited | 2.14% | up 0.39 pts | ₹70.2 Cr | up ₹15.1 Cr | Added |
| Poonawalla Fincorp Limited | 2.13% | down 0.05 pts | ₹69.8 Cr | up ₹1.2 Cr | Added |
| Cash, TREPS & receivables | 2.11% | up 0.07 pts | ₹69.3 Cr | up ₹5.1 Cr | Added |
| Muthoot Finance Limited | 1.76% | down 0.06 pts | ₹57.7 Cr | up ₹69 L | Added |
| Equitas Small Finance Bank Limited | 1.68% | up 0.18 pts | ₹55.1 Cr | up ₹8 Cr | Added |
| Power Finance Corporation Limited | 1.62% | down 0.19 pts | ₹53.2 Cr | down ₹3.6 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 1.52% | down 0.02 pts | ₹49.8 Cr | up ₹1.6 Cr | Added |
| Bajaj Finserv Limited | 1.47% | down 0.06 pts | ₹48.4 Cr | up ₹9 L | Held |
| Indian Railway Finance Corporation Limited | 1.42% | up 0.02 pts | ₹46.7 Cr | up ₹2.6 Cr | Added |
| CreditAccess Grameen Limited | 1.22% | down 0.07 pts | ₹39.9 Cr | down ₹51 L | Trimmed |
| AU Small Finance Bank Limited | 1.11% | up <0.01 pts | ₹36.5 Cr | up ₹1.6 Cr | Added |
| UTI Asset Management Company Limited | 1.10% | down 0.08 pts | ₹36.2 Cr | down ₹1.1 Cr | Trimmed |
| Karur Vysya Bank Limited | 0.97% | down 0.02 pts | ₹31.9 Cr | up ₹72 L | Added |
| Equitas Holdings Limited | 0.90% | up 0.02 pts | ₹29.5 Cr | up ₹2 Cr | Added |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.17% | down <0.01 pts | ₹5.5 Cr | up ₹12 L | Added |
What changed, Sep 2021 to Oct 2021
New New positions (0)
None.
Exited Exited (1)
- HDFC Asset Management Company Limitedwas 0.9% · ₹29.1 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹58.3 Cr (+1.20% pts)
- Max Financial Services Limitedup ₹27.2 Cr (+0.76% pts)
- Bank of Barodaup ₹26.3 Cr (+0.62% pts)
- IndusInd Bank Limitedup ₹24.6 Cr (+0.66% 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 Sep 2021, the weight rose most in Banks (+1.8 pts), and fell most in Capital Markets (−1.2 pts) and Finance (−0.6 pts).
- Banks65.1% → 66.9%+1.8 pts
- Capital Markets5.7% → 4.5%−1.2 pts
- Finance23.6% → 22.9%−0.6 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 | Jul 2021 | Sep 2021 | Oct 2021 |
|---|---|---|---|
| Banks | 67.2% | 65.1% | 66.9% |
| Finance | 19.4% | 23.6% | 22.9% |
| Insurance | 7.4% | 5.6% | 5.6% |
| Capital Markets | 6.0% | 5.7% | 4.5% |
Allocation in Oct 2021change vs Sep 2021
- Banks (11)66.9%▲ 1.8 pts
- Finance (11)22.9%▼ 0.6 pts
- Insurance (2)5.6%
- Capital Markets (2)4.5%▼ 1.2 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, Oct 2021
2.1%
▲ 0.1 pts vs Sep 2021
- Cash alone
- 2.1%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 2.0% – 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.