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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
₹3,078 Cr
down ₹204 Cr vs Oct 2021
- Stocks held
- 27
- up 1 vs Oct 2021
- Top 10 weight
- 68.2%
- 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 November 2021 it disclosed 27 stocks worth ₹3,078 Cr, down ₹204 Cr from Oct 2021. Its largest positions were ICICI Bank Limited (14.6%), HDFC Bank Limited (11.9%), Axis Bank Limited (9.6%); the ten largest together made up 68.2% of the portfolio, and Banks was the biggest sector at 64.0% of its equity. Cash and debt stood at 1.3%. Compared with Oct 2021 the fund entered 1 new stock and exited 0.
Against 229 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
11%
Holds more stocks than 11% of peers
Cash
17%
Holds more cash than 17% of peers
What these mean: concentration · cash
Holdings in November 2021
Download CSVEvery line the fund disclosed, with the change against Oct 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 | 14.63% | down 0.29 pts | ₹450 Cr | down ₹39.2 Cr | Trimmed |
| HDFC Bank Limited | 11.85% | down 1.86 pts | ₹365 Cr | down ₹85.1 Cr | Trimmed |
| Axis Bank Limited | 9.60% | up 0.32 pts | ₹295 Cr | down ₹9.2 Cr | Trimmed |
| State Bank of India | 9.02% | down 0.51 pts | ₹278 Cr | down ₹35.1 Cr | Trimmed |
| Bank of Baroda | 4.80% | down 0.17 pts | ₹148 Cr | down ₹15.4 Cr | Trimmed |
| SBI Cards and Payment Services Limited | 4.18% | down 0.01 pts | ₹129 Cr | down ₹8.9 Cr | Trimmed |
| The Federal Bank Limited | 4.14% | down 0.07 pts | ₹127 Cr | down ₹10.7 Cr | Trimmed |
| LIC Housing Finance Limited | 3.51% | up 0.16 pts | ₹108 Cr | down ₹1.9 Cr | Trimmed |
| SBI Life Insurance Company Limited | 3.39% | up 0.25 pts | ₹104 Cr | up ₹1.4 Cr | Added |
| Angel One Limited | 3.06% | down 0.27 pts | ₹94.2 Cr | down ₹15.1 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 3.02% | up 0.18 pts | ₹92.9 Cr | down ₹24 L | Held |
| Max Financial Services Limited | 2.55% | up 0.17 pts | ₹78.4 Cr | up ₹47 L | Added |
| Poonawalla Fincorp Limited | 2.36% | up 0.24 pts | ₹72.7 Cr | up ₹2.9 Cr | Added |
| IndusInd Bank Limited | 2.35% | down 0.50 pts | ₹72.3 Cr | down ₹21.1 Cr | Trimmed |
| RBL Bank Limited | 2.31% | up 0.17 pts | ₹71 Cr | up ₹82 L | Added |
| Muthoot Finance Limited | 2.29% | up 0.53 pts | ₹70.4 Cr | up ₹12.6 Cr | Added |
| Equitas Small Finance Bank Limited | 2.07% | up 0.39 pts | ₹63.7 Cr | up ₹8.7 Cr | Added |
| PB Fintech Limited | 1.81% | up 1.81 pts | ₹55.8 Cr | up ₹55.8 Cr | New |
| Bajaj Finserv Limited | 1.52% | up 0.05 pts | ₹46.8 Cr | down ₹1.6 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 1.52% | up <0.01 pts | ₹46.8 Cr | down ₹3 Cr | Trimmed |
| Power Finance Corporation Limited | 1.51% | down 0.11 pts | ₹46.5 Cr | down ₹6.7 Cr | Trimmed |
| Indian Railway Finance Corporation Limited | 1.46% | up 0.03 pts | ₹44.9 Cr | down ₹1.8 Cr | Trimmed |
| Cash, TREPS & receivables | 1.34% | down 0.77 pts | ₹41.2 Cr | down ₹28.1 Cr | Trimmed |
| UTI Asset Management Company Limited | 1.25% | up 0.14 pts | ₹38.3 Cr | up ₹2.1 Cr | Added |
| AU Small Finance Bank Limited | 1.07% | down 0.04 pts | ₹32.9 Cr | down ₹3.6 Cr | Trimmed |
| CreditAccess Grameen Limited | 1.04% | down 0.18 pts | ₹32 Cr | down ₹7.9 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.01% | up 0.04 pts | ₹31.2 Cr | down ₹68 L | Trimmed |
| Equitas Holdings Limited | 0.93% | up 0.04 pts | ₹28.8 Cr | down ₹74 L | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.41% | up 0.25 pts | ₹12.7 Cr | up ₹7.2 Cr | Added |
What changed, Oct 2021 to Nov 2021
New New positions (1)
- PB Fintech Limited1.8% · ₹55.8 Cr
Exited Exited (0)
None.
Added Biggest additions
- Muthoot Finance Limitedup ₹12.6 Cr (+0.53% pts)
- Equitas Small Finance Bank Limitedup ₹8.7 Cr (+0.39% pts)
- Poonawalla Fincorp Limitedup ₹2.9 Cr (+0.24% pts)
- UTI Asset Management Company Limitedup ₹2.1 Cr (+0.14% 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 Oct 2021, the weight rose most in Financial Technology (fintech) (+1.8 pts) and Finance (+0.8 pts), and fell most in Banks (−2.9 pts) and Capital Markets (−0.2 pts).
- Financial Technology (fintech)0.0% → 1.8%new+1.8 pts
- Finance22.9% → 23.8%+0.8 pts
- Insurance5.6% → 6.0%+0.4 pts
- Banks66.9% → 64.0%−2.9 pts
- Capital Markets4.5% → 4.4%−0.2 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 | Aug 2021 | Oct 2021 | Nov 2021 |
|---|---|---|---|---|
| Banks | 68.3% | 66.3% | 66.9% | 64.0% |
| Finance | 20.8% | 22.5% | 22.9% | 23.8% |
| Insurance | 5.3% | 5.9% | 5.6% | 6.0% |
| Capital Markets | 5.5% | 5.3% | 4.5% | 4.4% |
| Financial Technology (fintech) | — | — | — | 1.8% |
Allocation in Nov 2021change vs Oct 2021
- Banks (11)64.0%▼ 2.9 pts
- Finance (11)23.8%▲ 0.8 pts
- Insurance (2)6.0%▲ 0.4 pts
- Capital Markets (2)4.4%▼ 0.2 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, Nov 2021
1.3%
▼ 0.8 pts vs Oct 2021
- Cash alone
- 1.3%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.3% – 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.