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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
₹3,064 Cr
down ₹149 Cr vs May 2022
- Stocks held
- 22
- down 1 vs May 2022
- Top 10 weight
- 72.7%
- 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 June 2022 it disclosed 22 stocks worth ₹3,064 Cr, down ₹149 Cr from May 2022. Its largest positions were HDFC Bank Limited (15.1%), ICICI Bank Limited (13.6%), State Bank of India (9.4%); the ten largest together made up 72.7% of the portfolio, and Banks was the biggest sector at 65.8% of its equity. Cash and debt stood at 3.5%. Compared with May 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
6%
Holds more stocks than 6% of peers
Cash
50%
Holds more cash than 50% of peers
What these mean: concentration · cash
Holdings in June 2022
Download CSVEvery line the fund disclosed, with the change against May 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 | 15.14% | down 0.39 pts | ₹464 Cr | down ₹34.9 Cr | Trimmed |
| ICICI Bank Limited | 13.63% | down 0.21 pts | ₹418 Cr | down ₹27 Cr | Trimmed |
| State Bank of India | 9.40% | up 0.68 pts | ₹288 Cr | up ₹8 Cr | Added |
| Axis Bank Limited | 8.32% | down 0.22 pts | ₹255 Cr | down ₹19.4 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 5.99% | down 0.08 pts | ₹183 Cr | down ₹11.5 Cr | Trimmed |
| SBI Cards and Payment Services Limited | 4.70% | up 0.15 pts | ₹144 Cr | down ₹2.2 Cr | Trimmed |
| Bank of Baroda | 4.17% | up 0.17 pts | ₹128 Cr | down ₹73 L | Trimmed |
| The Federal Bank Limited | 4.14% | up 0.33 pts | ₹127 Cr | up ₹4.6 Cr | Added |
| LIC Housing Finance Limited | 3.63% | down 0.01 pts | ₹111 Cr | down ₹5.9 Cr | Trimmed |
| IndusInd Bank Limited | 3.57% | down 0.28 pts | ₹109 Cr | down ₹14.2 Cr | Trimmed |
| Cash, TREPS & receivables | 3.47% | up 0.87 pts | ₹106 Cr | up ₹22.9 Cr | Added |
| SBI Life Insurance Company Limited | 3.36% | up 0.25 pts | ₹103 Cr | up ₹3.1 Cr | Added |
| Equitas Small Finance Bank Limited | 3.10% | up 0.31 pts | ₹94.9 Cr | up ₹5.2 Cr | Added |
| Max Financial Services Limited | 2.78% | up 0.09 pts | ₹85.1 Cr | down ₹1.3 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.77% | down 0.19 pts | ₹84.8 Cr | down ₹10.3 Cr | Trimmed |
| Angel One Limited | 2.73% | down 0.22 pts | ₹83.6 Cr | down ₹11.3 Cr | Trimmed |
| CreditAccess Grameen Limited | 2.53% | down 0.07 pts | ₹77.6 Cr | down ₹6.2 Cr | Trimmed |
| Poonawalla Fincorp Limited | 1.57% | down 0.14 pts | ₹48 Cr | down ₹6.7 Cr | Trimmed |
| Muthoot Finance Limited | 1.25% | down 0.15 pts | ₹38.4 Cr | down ₹6.6 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.18% | up 0.05 pts | ₹36.1 Cr | — | Held |
| Power Finance Corporation Limited | 1.06% | down 0.33 pts | ₹32.4 Cr | down ₹12.2 Cr | Trimmed |
| Equitas Holdings Limited | 0.55% | up 0.33 pts | ₹16.7 Cr | up ₹9.8 Cr | Added |
| RBL Bank Limited | 0.51% | down 0.15 pts | ₹15.8 Cr | down ₹5.5 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.46% | down 0.03 pts | ₹14.2 Cr | down ₹1.7 Cr | Trimmed |
What changed, May 2022 to Jun 2022
New New positions (0)
None.
Exited Exited (1)
- ICICI Lombard General Insurance Company Limitedwas 0.8% · ₹25.1 Cr
Added Biggest additions
- Equitas Holdings Limitedup ₹9.8 Cr (+0.33% pts)
- State Bank of Indiaup ₹8 Cr (+0.68% pts)
- Equitas Small Finance Bank Limitedup ₹5.2 Cr (+0.31% pts)
- The Federal Bank Limitedup ₹4.6 Cr (+0.33% 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 May 2022, the weight rose most in Banks (+0.9 pts), and fell most in Insurance (−0.4 pts) and Finance (−0.3 pts).
- Banks64.9% → 65.8%+0.9 pts
- Insurance6.8% → 6.4%−0.4 pts
- Finance25.3% → 25.0%−0.3 pts
- Capital Markets3.0% → 2.8%−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 | Jun 2021 | Dec 2021 | Mar 2022 | May 2022 | Jun 2022 |
|---|---|---|---|---|---|
| Banks | 68.8% | 68.1% | 66.1% | 64.9% | 65.8% |
| Finance | 18.6% | 20.8% | 22.5% | 25.3% | 25.0% |
| Insurance | 7.4% | 5.8% | 7.1% | 6.8% | 6.4% |
| Capital Markets | 5.1% | 5.3% | 4.3% | 3.0% | 2.8% |
Allocation in Jun 2022change vs May 2022
- Banks (10)65.8%▲ 0.9 pts
- Finance (9)25.0%▼ 0.3 pts
- Insurance (2)6.4%▼ 0.4 pts
- Capital Markets (1)2.8%▼ 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, Jun 2022
3.5%
▲ 0.9 pts vs May 2022
- Cash alone
- 3.5%
- cash and net receivables
- A year earlier
- 3.1%
- Jun 2021 · now ▲ 0.4 pts
- Last 12 months
- 1.1% – 3.5%
- 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.