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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
₹3,350 Cr
up ₹261 Cr vs Dec 2021
- Stocks held
- 25
- down 1 vs Dec 2021
- Top 10 weight
- 74.1%
- of the portfolio in its ten largest
Nippon India Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In January 2022 it disclosed 25 stocks worth ₹3,350 Cr, up ₹261 Cr from Dec 2021. Its largest positions were HDFC Bank Limited (14.6%), ICICI Bank Limited (14.1%), Axis Bank Limited (9.7%); the ten largest together made up 74.1% of the portfolio, and Banks was the biggest sector at 68.0% of its equity. Cash and debt stood at 1.9%. Compared with Dec 2021 the fund entered 0 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
8%
Holds more stocks than 8% of peers
Cash
28%
Holds more cash than 28% of peers
What these mean: concentration · cash
Holdings in January 2022
Download CSVEvery line the fund disclosed, with the change against Dec 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 | 14.60% | up 2.43 pts | ₹489 Cr | up ₹113 Cr | Added |
| ICICI Bank Limited | 14.14% | down 0.49 pts | ₹474 Cr | up ₹21.8 Cr | Added |
| Axis Bank Limited | 9.71% | up 0.25 pts | ₹325 Cr | up ₹33 Cr | Added |
| State Bank of India | 9.13% | down 0.31 pts | ₹306 Cr | up ₹14.3 Cr | Added |
| Bank of Baroda | 5.53% | up 0.70 pts | ₹185 Cr | up ₹35.9 Cr | Added |
| The Federal Bank Limited | 4.71% | up 0.50 pts | ₹158 Cr | up ₹27.6 Cr | Added |
| SBI Life Insurance Company Limited | 4.42% | up 1.32 pts | ₹148 Cr | up ₹52.3 Cr | Added |
| Angel One Limited | 4.36% | up 0.35 pts | ₹146 Cr | up ₹22.3 Cr | Added |
| SBI Cards and Payment Services Limited | 4.13% | down 0.09 pts | ₹138 Cr | up ₹8.1 Cr | Added |
| LIC Housing Finance Limited | 3.34% | down 0.13 pts | ₹112 Cr | up ₹4.6 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.78% | down 0.03 pts | ₹93.1 Cr | up ₹6.4 Cr | Added |
| Poonawalla Fincorp Limited | 2.55% | up 0.06 pts | ₹85.4 Cr | up ₹8.4 Cr | Added |
| Max Financial Services Limited | 2.38% | down 0.22 pts | ₹79.8 Cr | down ₹49 L | Trimmed |
| IndusInd Bank Limited | 2.13% | down 0.22 pts | ₹71.4 Cr | down ₹1.3 Cr | Trimmed |
| Cash, TREPS & receivables | 1.94% | down 0.20 pts | ₹65 Cr | down ₹1.2 Cr | Trimmed |
| Muthoot Finance Limited | 1.93% | down 0.22 pts | ₹64.6 Cr | down ₹1.7 Cr | Trimmed |
| Equitas Small Finance Bank Limited | 1.74% | down 0.30 pts | ₹58.2 Cr | down ₹4.7 Cr | Trimmed |
| CreditAccess Grameen Limited | 1.55% | up 0.32 pts | ₹51.8 Cr | up ₹13.8 Cr | Added |
| RBL Bank Limited | 1.50% | up 0.11 pts | ₹50.3 Cr | up ₹7.2 Cr | Added |
| Power Finance Corporation Limited | 1.45% | down 0.10 pts | ₹48.7 Cr | up ₹78 L | Added |
| Housing Development Finance Corporation Limited | 1.32% | down 0.15 pts | ₹44.1 Cr | down ₹1.1 Cr | Trimmed |
| AU Small Finance Bank Limited | 1.17% | down 0.17 pts | ₹39.3 Cr | down ₹2.2 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 1.11% | down 2.38 pts | ₹37.1 Cr | down ₹70.6 Cr | Trimmed |
| Karur Vysya Bank Limited | 0.97% | up 0.02 pts | ₹32.6 Cr | up ₹3 Cr | Added |
| UTI Asset Management Company Limited | 0.80% | down 0.39 pts | ₹26.9 Cr | down ₹9.9 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.35% | down 0.06 pts | ₹11.8 Cr | down ₹88 L | Trimmed |
| Equitas Holdings Limited | 0.27% | down 0.35 pts | ₹8.9 Cr | down ₹10.1 Cr | Trimmed |
What changed, Dec 2021 to Jan 2022
New New positions (0)
None.
Exited Exited (1)
- Indian Railway Finance Corporation Limitedwas 0.2% · ₹7.6 Cr
Added Biggest additions
- HDFC Bank Limitedup ₹113 Cr (+2.43% pts)
- SBI Life Insurance Company Limitedup ₹52.3 Cr (+1.32% pts)
- Bank of Barodaup ₹35.9 Cr (+0.70% pts)
- Axis Bank Limitedup ₹33 Cr (+0.25% 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 Dec 2021, the weight rose most in Insurance (+1.1 pts), and fell most in Finance (−1.0 pts).
- Insurance5.8% → 7.0%+1.1 pts
- Finance20.8% → 19.8%−1.0 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 | Oct 2021 | Dec 2021 | Jan 2022 |
|---|---|---|---|---|
| Banks | 67.2% | 66.9% | 68.1% | 68.0% |
| Finance | 19.4% | 22.9% | 20.8% | 19.8% |
| Insurance | 7.4% | 5.6% | 5.8% | 7.0% |
| Capital Markets | 6.0% | 4.5% | 5.3% | 5.3% |
Allocation in Jan 2022change vs Dec 2021
- Banks (12)68.0%▼ 0.1 pts
- Finance (9)19.8%▼ 1.0 pts
- Insurance (2)7.0%▲ 1.1 pts
- Capital Markets (2)5.3%▼ 0.1 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, Jan 2022
1.9%
▼ 0.2 pts vs Dec 2021
- Cash alone
- 1.9%
- 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.