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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
₹3,176 Cr
down ₹174 Cr vs Jan 2022
- Stocks held
- 24
- down 1 vs Jan 2022
- Top 10 weight
- 72.4%
- 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 February 2022 it disclosed 24 stocks worth ₹3,176 Cr, down ₹174 Cr from Jan 2022. Its largest positions were HDFC Bank Limited (16.1%), ICICI Bank Limited (13.8%), Axis Bank Limited (8.9%); the ten largest together made up 72.4% of the portfolio, and Banks was the biggest sector at 66.1% of its equity. Cash and debt stood at 1.4%. Compared with Jan 2022 the fund entered 0 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
94%
Top-10 weight is higher than 94% of peers
Breadth
7%
Holds more stocks than 7% of peers
Cash
18%
Holds more cash than 18% of peers
What these mean: concentration · cash
Holdings in February 2022
Download CSVEvery line the fund disclosed, with the change against Jan 2022. 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 | 16.13% | up 1.53 pts | ₹512 Cr | up ₹23.2 Cr | Added |
| ICICI Bank Limited | 13.81% | down 0.33 pts | ₹438 Cr | down ₹35.1 Cr | Trimmed |
| Axis Bank Limited | 8.90% | down 0.81 pts | ₹282 Cr | down ₹42.6 Cr | Trimmed |
| State Bank of India | 8.64% | down 0.49 pts | ₹274 Cr | down ₹31.3 Cr | Trimmed |
| The Federal Bank Limited | 4.48% | down 0.23 pts | ₹142 Cr | down ₹15.3 Cr | Trimmed |
| Bank of Baroda | 4.44% | down 1.09 pts | ₹141 Cr | down ₹44.3 Cr | Trimmed |
| Angel One Limited | 4.19% | down 0.17 pts | ₹133 Cr | down ₹12.9 Cr | Trimmed |
| SBI Life Insurance Company Limited | 4.01% | down 0.41 pts | ₹127 Cr | down ₹20.8 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 3.91% | up 2.59 pts | ₹124 Cr | up ₹80 Cr | Added |
| SBI Cards and Payment Services Limited | 3.89% | down 0.24 pts | ₹124 Cr | down ₹14.8 Cr | Trimmed |
| LIC Housing Finance Limited | 3.35% | up 0.01 pts | ₹106 Cr | down ₹5.4 Cr | Trimmed |
| IndusInd Bank Limited | 2.95% | up 0.82 pts | ₹93.8 Cr | up ₹22.4 Cr | Added |
| Max Financial Services Limited | 2.84% | up 0.46 pts | ₹90.3 Cr | up ₹10.5 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.70% | down 0.08 pts | ₹85.9 Cr | down ₹7.2 Cr | Trimmed |
| Equitas Small Finance Bank Limited | 2.64% | up 0.90 pts | ₹83.7 Cr | up ₹25.5 Cr | Added |
| CreditAccess Grameen Limited | 2.16% | up 0.62 pts | ₹68.6 Cr | up ₹16.9 Cr | Added |
| Poonawalla Fincorp Limited | 2.02% | down 0.53 pts | ₹64.3 Cr | down ₹21.1 Cr | Trimmed |
| Muthoot Finance Limited | 1.90% | down 0.03 pts | ₹60.2 Cr | down ₹4.4 Cr | Trimmed |
| RBL Bank Limited | 1.42% | down 0.08 pts | ₹45.2 Cr | down ₹5.1 Cr | Trimmed |
| Power Finance Corporation Limited | 1.38% | down 0.07 pts | ₹43.9 Cr | down ₹4.7 Cr | Trimmed |
| Cash, TREPS & receivables | 1.35% | down 0.59 pts | ₹42.9 Cr | down ₹22.1 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.20% | up 0.23 pts | ₹38.1 Cr | up ₹5.5 Cr | Added |
| UTI Asset Management Company Limited | 0.79% | down 0.01 pts | ₹25.1 Cr | down ₹1.8 Cr | Trimmed |
| AU Small Finance Bank Limited | 0.38% | down 0.79 pts | ₹12 Cr | down ₹27.3 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.31% | down 0.05 pts | ₹9.8 Cr | down ₹2 Cr | Trimmed |
| Equitas Holdings Limited | 0.21% | down 0.06 pts | ₹6.5 Cr | down ₹2.4 Cr | Trimmed |
What changed, Jan 2022 to Feb 2022
New New positions (0)
None.
Exited Exited (1)
- Kotak Mahindra Bank Limitedwas 1.1% · ₹37.1 Cr
Added Biggest additions
- Housing Development Finance Corporation Limitedup ₹80 Cr (+2.59% pts)
- Equitas Small Finance Bank Limitedup ₹25.5 Cr (+0.90% pts)
- HDFC Bank Limitedup ₹23.2 Cr (+1.53% pts)
- IndusInd Bank Limitedup ₹22.4 Cr (+0.82% 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 Jan 2022, the weight rose most in Finance (+2.1 pts), and fell most in Banks (−1.9 pts) and Capital Markets (−0.2 pts).
- Finance19.8% → 21.9%+2.1 pts
- Banks68.0% → 66.1%−1.9 pts
- Capital Markets5.3% → 5.1%−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 | Aug 2021 | Nov 2021 | Jan 2022 | Feb 2022 |
|---|---|---|---|---|
| Banks | 66.3% | 64.0% | 68.0% | 66.1% |
| Finance | 22.5% | 23.8% | 19.8% | 21.9% |
| Insurance | 5.9% | 6.0% | 7.0% | 7.0% |
| Capital Markets | 5.3% | 4.4% | 5.3% | 5.1% |
Allocation in Feb 2022change vs Jan 2022
- Banks (11)66.1%▼ 1.9 pts
- Finance (9)21.9%▲ 2.1 pts
- Insurance (2)7.0%
- Capital Markets (2)5.1%▼ 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, Feb 2022
1.4%
▼ 0.6 pts vs Jan 2022
- Cash alone
- 1.4%
- 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.