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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
₹3,213 Cr
down ₹103 Cr vs Apr 2022
- Stocks held
- 23
- unchanged
- Top 10 weight
- 72.5%
- 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 May 2022 it disclosed 23 stocks worth ₹3,213 Cr, down ₹103 Cr from Apr 2022. Its largest positions were HDFC Bank Limited (15.5%), ICICI Bank Limited (13.8%), State Bank of India (8.7%); the ten largest together made up 72.5% of the portfolio, and Banks was the biggest sector at 64.9% of its equity. Cash and debt stood at 2.6%. Compared with Apr 2022 the fund entered 0 new stocks and exited 0.
Against 229 other Sectoral / Thematic funds
Concentration
94%
Top-10 weight is higher than 94% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
36%
Holds more cash than 36% of peers
What these mean: concentration · cash
Holdings in May 2022
Download CSVEvery line the fund disclosed, with the change against Apr 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 | 15.53% | up 0.53 pts | ₹499 Cr | up ₹1.6 Cr | Held |
| ICICI Bank Limited | 13.83% | up 0.15 pts | ₹444 Cr | down ₹9.2 Cr | Trimmed |
| State Bank of India | 8.71% | down 0.09 pts | ₹280 Cr | down ₹11.9 Cr | Trimmed |
| Axis Bank Limited | 8.54% | down 0.26 pts | ₹274 Cr | down ₹17.4 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 6.07% | up 0.38 pts | ₹195 Cr | up ₹6.5 Cr | Added |
| SBI Cards and Payment Services Limited | 4.55% | up 0.35 pts | ₹146 Cr | up ₹7.1 Cr | Added |
| Bank of Baroda | 4.00% | down 0.20 pts | ₹129 Cr | down ₹10.6 Cr | Trimmed |
| IndusInd Bank Limited | 3.85% | up 0.25 pts | ₹124 Cr | up ₹4.3 Cr | Added |
| The Federal Bank Limited | 3.81% | up 0.14 pts | ₹122 Cr | up ₹72 L | Added |
| LIC Housing Finance Limited | 3.65% | up 0.11 pts | ₹117 Cr | down ₹22 L | Held |
| SBI Life Insurance Company Limited | 3.11% | down 0.23 pts | ₹99.8 Cr | down ₹10.7 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.96% | down 0.03 pts | ₹95.1 Cr | down ₹4.2 Cr | Trimmed |
| Angel One Limited | 2.95% | down 0.97 pts | ₹94.8 Cr | down ₹35.3 Cr | Trimmed |
| Equitas Small Finance Bank Limited | 2.79% | up 0.13 pts | ₹89.7 Cr | up ₹1.3 Cr | Added |
| Max Financial Services Limited | 2.69% | up 0.21 pts | ₹86.5 Cr | up ₹4 Cr | Added |
| CreditAccess Grameen Limited | 2.61% | up 0.06 pts | ₹83.7 Cr | down ₹75 L | Trimmed |
| Cash, TREPS & receivables | 2.59% | up 0.30 pts | ₹83.4 Cr | up ₹7.3 Cr | Added |
| Poonawalla Fincorp Limited | 1.70% | down 0.25 pts | ₹54.7 Cr | down ₹9.9 Cr | Trimmed |
| Muthoot Finance Limited | 1.40% | down 0.10 pts | ₹45 Cr | down ₹4.7 Cr | Trimmed |
| Power Finance Corporation Limited | 1.39% | down 0.03 pts | ₹44.5 Cr | down ₹2.6 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.12% | down 0.06 pts | ₹36.1 Cr | down ₹3.1 Cr | Trimmed |
| ICICI Lombard General Insurance Company Limited | 0.78% | down 0.27 pts | ₹25.1 Cr | down ₹9.9 Cr | Trimmed |
| RBL Bank Limited | 0.66% | down 0.02 pts | ₹21.2 Cr | down ₹1.5 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.50% | down 0.05 pts | ₹15.9 Cr | down ₹2.1 Cr | Trimmed |
| Equitas Holdings Limited | 0.22% | down 0.03 pts | ₹6.9 Cr | down ₹1.4 Cr | Trimmed |
What changed, Apr 2022 to May 2022
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- SBI Cards and Payment Services Limitedup ₹7.1 Cr (+0.35% pts)
- Housing Development Finance Corporation Limitedup ₹6.5 Cr (+0.38% pts)
- IndusInd Bank Limitedup ₹4.3 Cr (+0.25% pts)
- Max Financial Services Limitedup ₹4 Cr (+0.21% pts)
- Equitas Small Finance Bank Limited
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 Apr 2022, the weight rose most in Banks (+0.7 pts) and Finance (+0.5 pts), and fell most in Capital Markets (−1.0 pts) and Insurance (−0.3 pts).
- Banks64.1% → 64.9%+0.7 pts
- Finance24.8% → 25.3%+0.5 pts
- Capital Markets4.0% → 3.0%−1.0 pts
- Insurance7.1% → 6.8%−0.3 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 | Nov 2021 | Feb 2022 | Apr 2022 | May 2022 |
|---|---|---|---|---|---|
| Banks | 68.3% | 64.0% | 66.1% | 64.1% | 64.9% |
| Finance | 20.8% | 23.8% | 21.9% | 24.8% | 25.3% |
| Insurance | 5.3% | 6.0% | 7.0% | 7.1% | 6.8% |
| Capital Markets | 5.5% | 4.4% | 5.1% | 4.0% | 3.0% |
Allocation in May 2022change vs Apr 2022
- Banks (10)64.9%▲ 0.7 pts
- Finance (9)25.3%▲ 0.5 pts
- Insurance (3)6.8%▼ 0.3 pts
- Capital Markets (1)3.0%▼ 1.0 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, May 2022
2.6%
▲ 0.3 pts vs Apr 2022
- Cash alone
- 2.6%
- cash and net receivables
- A year earlier
- 3.6%
- May 2021 · now ▼ 1.0 pts
- Last 12 months
- 1.1% – 3.1%
- 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.