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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
₹3,663 Cr
up ₹160 Cr vs Jul 2022
- Stocks held
- 24
- unchanged
- Top 10 weight
- 69.0%
- 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 August 2022 it disclosed 24 stocks worth ₹3,663 Cr, up ₹160 Cr from Jul 2022. Its largest positions were HDFC Bank Limited (13.5%), ICICI Bank Limited (12.6%), State Bank of India (9.3%); the ten largest together made up 69.0% of the portfolio, and Banks was the biggest sector at 68.2% of its equity. Cash and debt stood at 3.6%. Compared with Jul 2022 the fund entered 1 new stock and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
7%
Holds more stocks than 7% of peers
Cash
52%
Holds more cash than 52% of peers
What these mean: concentration · cash
Holdings in August 2022
Download CSVEvery line the fund disclosed, with the change against Jul 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 | 13.53% | down 0.13 pts | ₹496 Cr | up ₹17.3 Cr | Added |
| ICICI Bank Limited | 12.61% | down 1.19 pts | ₹462 Cr | down ₹21.6 Cr | Trimmed |
| State Bank of India | 9.26% | down 0.07 pts | ₹339 Cr | up ₹12.4 Cr | Added |
| Axis Bank Limited | 8.22% | down 0.07 pts | ₹301 Cr | up ₹10.7 Cr | Added |
| Housing Development Finance Corporation Limited | 5.64% | down 0.09 pts | ₹207 Cr | up ₹5.8 Cr | Added |
| The Federal Bank Limited | 4.33% | up 0.05 pts | ₹159 Cr | up ₹8.7 Cr | Added |
| SBI Cards and Payment Services Limited | 4.09% | down 0.94 pts | ₹150 Cr | down ₹26.2 Cr | Trimmed |
| IndusInd Bank Limited | 4.02% | down 0.09 pts | ₹147 Cr | up ₹3.3 Cr | Added |
| LIC Housing Finance Limited | 3.80% | up 0.05 pts | ₹139 Cr | up ₹7.8 Cr | Added |
| Cash, TREPS & receivables | 3.58% | up 1.38 pts | ₹131 Cr | up ₹54.1 Cr | Added |
| Bank of Baroda | 3.51% | down 0.85 pts | ₹129 Cr | down ₹24 Cr | Trimmed |
| SBI Life Insurance Company Limited | 3.27% | down 0.25 pts | ₹120 Cr | down ₹3.3 Cr | Trimmed |
| Equitas Small Finance Bank Limited | 3.22% | up 0.17 pts | ₹118 Cr | up ₹10.9 Cr | Added |
| Bandhan Bank Limited | 2.82% | up 1.97 pts | ₹103 Cr | up ₹73.5 Cr | Added |
| Angel One Limited | 2.65% | down 0.06 pts | ₹96.9 Cr | up ₹2.2 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.60% | up 0.02 pts | ₹95.2 Cr | up ₹4.7 Cr | Added |
| Max Financial Services Limited | 2.45% | down 0.22 pts | ₹89.7 Cr | down ₹3.9 Cr | Trimmed |
| CreditAccess Grameen Limited | 2.08% | down 0.22 pts | ₹76.2 Cr | down ₹4.5 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.64% | up 0.17 pts | ₹60 Cr | up ₹8.7 Cr | Added |
| Poonawalla Fincorp Limited | 1.35% | down 0.26 pts | ₹49.5 Cr | down ₹6.8 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 1.35% | up 0.02 pts | ₹49.5 Cr | up ₹2.7 Cr | Added |
| Muthoot Finance Limited | 1.28% | up 0.08 pts | ₹46.8 Cr | up ₹4.9 Cr | Added |
| RBL Bank Limited | 0.96% | up 0.47 pts | ₹35.3 Cr | up ₹17.9 Cr | Added |
| UTI Asset Management Company Limited | 0.73% | up 0.73 pts | ₹26.7 Cr | up ₹26.7 Cr | New |
| Equitas Holdings Limited | 0.56% | down 0.03 pts | ₹20.4 Cr | down ₹15 L | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.47% | up 0.03 pts | ₹17.3 Cr | up ₹1.7 Cr | Added |
What changed, Jul 2022 to Aug 2022
New New positions (1)
- UTI Asset Management Company Limited0.7% · ₹26.7 Cr
Exited Exited (1)
- Power Finance Corporation Limitedwas 0.7% · ₹23.2 Cr
Added Biggest additions
- Bandhan Bank Limitedup ₹73.5 Cr (+1.97% pts)
- RBL Bank Limitedup ₹17.9 Cr (+0.47% pts)
- HDFC Bank Limitedup ₹17.3 Cr (−0.13% pts)
- State Bank of India
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 Jul 2022, the weight rose most in Banks (+1.4 pts) and Capital Markets (+0.7 pts), and fell most in Finance (−1.8 pts) and Insurance (−0.4 pts).
- Banks66.8% → 68.2%+1.4 pts
- Capital Markets2.8% → 3.5%+0.7 pts
- Finance24.1% → 22.3%−1.8 pts
- Insurance6.4% → 6.0%−0.4 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 | Feb 2022 | May 2022 | Jul 2022 | Aug 2022 |
|---|---|---|---|---|---|
| Banks | 66.3% | 66.1% | 64.9% | 66.8% | 68.2% |
| Finance | 22.5% | 21.9% | 25.3% | 24.1% | 22.3% |
| Insurance | 5.9% | 7.0% | 6.8% | 6.4% | 6.0% |
| Capital Markets | 5.3% | 5.1% | 3.0% | 2.8% | 3.5% |
Allocation in Aug 2022change vs Jul 2022
- Banks (12)68.2%▲ 1.4 pts
- Finance (8)22.3%▼ 1.8 pts
- Insurance (2)6.0%▼ 0.4 pts
- Capital Markets (2)3.5%▲ 0.7 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, Aug 2022
3.6%
▲ 1.4 pts vs Jul 2022
- Cash alone
- 3.6%
- cash and net receivables
- A year earlier
- 2.2%
- Aug 2021 · now ▲ 1.3 pts
- Last 12 months
- 1.1% – 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.