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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
₹3,502 Cr
up ₹438 Cr vs Jun 2022
- Stocks held
- 24
- up 2 vs Jun 2022
- Top 10 weight
- 72.3%
- 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 July 2022 it disclosed 24 stocks worth ₹3,502 Cr, up ₹438 Cr from Jun 2022. Its largest positions were ICICI Bank Limited (13.8%), HDFC Bank Limited (13.7%), State Bank of India (9.3%); the ten largest together made up 72.3% of the portfolio, and Banks was the biggest sector at 66.8% of its equity. Cash and debt stood at 2.2%. Compared with Jun 2022 the fund entered 2 new stocks and exited 0.
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
30%
Holds more cash than 30% of peers
What these mean: concentration · cash
Holdings in July 2022
Download CSVEvery line the fund disclosed, with the change against Jun 2022. 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 | 13.80% | up 0.17 pts | ₹483 Cr | up ₹65.8 Cr | Added |
| HDFC Bank Limited | 13.65% | down 1.49 pts | ₹478 Cr | up ₹14.2 Cr | Added |
| State Bank of India | 9.32% | down 0.07 pts | ₹327 Cr | up ₹38.6 Cr | Added |
| Axis Bank Limited | 8.29% | down 0.04 pts | ₹290 Cr | up ₹35.2 Cr | Added |
| Housing Development Finance Corporation Limited | 5.74% | down 0.25 pts | ₹201 Cr | up ₹17.5 Cr | Added |
| SBI Cards and Payment Services Limited | 5.02% | up 0.33 pts | ₹176 Cr | up ₹32 Cr | Added |
| Bank of Baroda | 4.36% | up 0.18 pts | ₹153 Cr | up ₹24.7 Cr | Added |
| The Federal Bank Limited | 4.28% | up 0.14 pts | ₹150 Cr | up ₹23.1 Cr | Added |
| IndusInd Bank Limited | 4.11% | up 0.53 pts | ₹144 Cr | up ₹34.3 Cr | Added |
| LIC Housing Finance Limited | 3.75% | up 0.12 pts | ₹131 Cr | up ₹20 Cr | Added |
| SBI Life Insurance Company Limited | 3.52% | up 0.16 pts | ₹123 Cr | up ₹20.2 Cr | Added |
| Equitas Small Finance Bank Limited | 3.06% | down 0.04 pts | ₹107 Cr | up ₹12.1 Cr | Added |
| Angel One Limited | 2.70% | down 0.02 pts | ₹94.7 Cr | up ₹11.1 Cr | Added |
| Max Financial Services Limited | 2.67% | down 0.11 pts | ₹93.6 Cr | up ₹8.5 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.58% | down 0.18 pts | ₹90.4 Cr | up ₹5.7 Cr | Added |
| CreditAccess Grameen Limited | 2.30% | down 0.23 pts | ₹80.7 Cr | up ₹3.1 Cr | Added |
| Cash, TREPS & receivables | 2.20% | down 1.27 pts | ₹77 Cr | down ₹29.2 Cr | Trimmed |
| Poonawalla Fincorp Limited | 1.61% | up 0.04 pts | ₹56.3 Cr | up ₹8.2 Cr | Added |
| Karur Vysya Bank Limited | 1.47% | up 0.29 pts | ₹51.3 Cr | up ₹15.2 Cr | Added |
| Kotak Mahindra Bank Limited | 1.33% | up 1.33 pts | ₹46.7 Cr | up ₹46.7 Cr | New |
| Muthoot Finance Limited | 1.20% | down 0.06 pts | ₹41.9 Cr | up ₹3.5 Cr | Added |
| Bandhan Bank Limited | 0.85% | up 0.85 pts | ₹29.7 Cr | up ₹29.7 Cr | New |
| Power Finance Corporation Limited | 0.66% | down 0.39 pts | ₹23.2 Cr | down ₹9.1 Cr | Trimmed |
| Equitas Holdings Limited | 0.59% | up 0.04 pts | ₹20.6 Cr | up ₹3.9 Cr | Added |
| RBL Bank Limited | 0.50% | down 0.02 pts | ₹17.4 Cr | up ₹1.7 Cr | Added |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.44% | down 0.02 pts | ₹15.6 Cr | up ₹1.3 Cr | Added |
What changed, Jun 2022 to Jul 2022
New New positions (2)
- Kotak Mahindra Bank Limited1.3% · ₹46.7 Cr
- Bandhan Bank Limited0.8% · ₹29.7 Cr
Exited Exited (0)
None.
Added Biggest additions
- ICICI Bank Limitedup ₹65.8 Cr (+0.17% pts)
- State Bank of Indiaup ₹38.6 Cr (−0.07% pts)
- Axis Bank Limitedup ₹35.2 Cr (−0.04% pts)
- IndusInd 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 Jun 2022, the weight rose most in Banks (+1.0 pts), and fell most in Finance (−0.9 pts).
- Banks65.8% → 66.8%+1.0 pts
- Finance25.0% → 24.1%−0.9 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 | Jan 2022 | Apr 2022 | Jun 2022 | Jul 2022 |
|---|---|---|---|---|---|
| Banks | 67.2% | 68.0% | 64.1% | 65.8% | 66.8% |
| Finance | 19.4% | 19.8% | 24.8% | 25.0% | 24.1% |
| Insurance | 7.4% | 7.0% | 7.1% | 6.4% | 6.4% |
| Capital Markets | 6.0% | 5.3% | 4.0% | 2.8% | 2.8% |
Allocation in Jul 2022change vs Jun 2022
- Banks (12)66.8%▲ 1.0 pts
- Finance (9)24.1%▼ 0.9 pts
- Insurance (2)6.4%
- Capital Markets (1)2.8%▼ 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, Jul 2022
2.2%
▼ 1.3 pts vs Jun 2022
- Cash alone
- 2.2%
- cash and net receivables
- A year earlier
- 2.7%
- Jul 2021 · now ▼ 0.5 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.