Loading…
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
₹4,399 Cr
up ₹199 Cr vs May 2023
- Stocks held
- 27
- up 1 vs May 2023
- Top 10 weight
- 64.8%
Nippon India Banking & Financial Services Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In June 2023 it disclosed 27 stocks worth ₹4,399 Cr, up ₹199 Cr from May 2023. Its largest positions were ICICI Bank Limited (12.4%), Axis Bank Limited (10.0%), HDFC Bank Limited (9.8%); the ten largest together made up 64.8% of the portfolio, and Banks was the biggest sector at 61.6% of its equity. Cash and debt stood at 3.9%. Compared with May 2023 the fund entered 1 new stock and exited 0.
Against 229 other Sectoral / Thematic funds
Concentration
89%
Top-10 weight is higher than 89% of peers
Breadth
11%
Holds more stocks than 11% of peers
Cash
57%
Holds more cash than 57% of peers
What these mean: concentration · cash
Holdings in June 2023
Download CSVEvery line the fund disclosed, with the change against May 2023. 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 | 12.36% | up 1.02 pts | ₹544 Cr | up ₹67.5 Cr | Added |
| Axis Bank Limited | 9.97% | up 0.30 pts | ₹438 Cr | up ₹32.2 Cr | Added |
| HDFC Bank Limited | 9.83% | up 0.08 pts | ₹432 Cr | up ₹23 Cr | Added |
| State Bank of India | 7.83% | down 0.47 pts | ₹344 Cr | down ₹4.2 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 5.58% | up 0.11 pts | ₹246 Cr | up ₹15.8 Cr | Added |
| IndusInd Bank Limited | 4.93% | up 0.10 pts | ₹217 Cr | up ₹13.9 Cr | Added |
| SBI Cards and Payment Services Limited | 4.13% | down 0.55 pts | ₹182 Cr | down ₹14.9 Cr | Trimmed |
| Cash, TREPS & receivables | 3.89% | down 0.05 pts | ₹171 Cr | up ₹5.6 Cr | Added |
| LIC Housing Finance Limited | 3.57% | up 0.02 pts | ₹157 Cr | up ₹8.1 Cr | Added |
| The Federal Bank Limited | 3.33% | down 0.13 pts | ₹146 Cr | up ₹1 Cr | Added |
| SBI Life Insurance Company Limited | 3.32% | up 0.03 pts | ₹146 Cr | up ₹8 Cr | Added |
| Equitas Small Finance Bank Limited | 3.23% | down 0.18 pts | ₹142 Cr | down ₹1.1 Cr | Trimmed |
| Max Financial Services Limited | 2.97% | up 0.26 pts | ₹131 Cr | up ₹16.8 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.92% | up 0.20 pts | ₹128 Cr | up ₹14.1 Cr | Added |
| Angel One Limited | 2.90% | up 0.52 pts | ₹127 Cr | up ₹27.7 Cr | Added |
| Bandhan Bank Limited | 2.81% | down 0.45 pts | ₹124 Cr | down ₹13.3 Cr | Trimmed |
| UTI Asset Management Company Limited | 2.30% | up 0.14 pts | ₹101 Cr | up ₹10.4 Cr | Added |
| CreditAccess Grameen Limited | 2.16% | down 0.08 pts | ₹95 Cr | up ₹1 Cr | Added |
| Power Finance Corporation Limited | 2.01% | up 0.23 pts | ₹88.4 Cr | up ₹13.7 Cr | Added |
| Bank of Baroda | 1.63% | down 0.03 pts | ₹71.9 Cr | up ₹2 Cr | Added |
| Canara Bank | 1.50% | down 0.11 pts | ₹66.2 Cr | down ₹1.7 Cr | Trimmed |
| RBL Bank Limited | 1.40% | up 0.09 pts | ₹61.7 Cr | up ₹6.7 Cr | Added |
| Sundaram Finance Limited | 1.17% | up 0.28 pts | ₹51.3 Cr | up ₹14 Cr | Added |
| KFin Technologies Limited | 1.15% | up 0.06 pts | ₹50.6 Cr | up ₹4.7 Cr | Added |
| HDFC Life Insurance Company Limited | 0.88% | down 1.63 pts | ₹38.5 Cr | down ₹66.8 Cr | Trimmed |
| Bajaj Finance Limited | 0.81% | down 0.43 pts | ₹35.8 Cr | down ₹16.6 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.64% | up 0.15 pts | ₹28.3 Cr | up ₹7.4 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 0.47% | up 0.47 pts | ₹20.8 Cr | up ₹20.8 Cr | New |
| ICICI Prudential Life Insurance Company Limited | 0.33% | up 0.05 pts | ₹14.5 Cr | up ₹2.7 Cr | Added |
What changed, May 2023 to Jun 2023
New New positions (1)
- Shriram Transport Finance Company Limited0.5% · ₹20.8 Cr
Exited Exited (0)
None.
Added Biggest additions
- ICICI Bank Limitedup ₹67.5 Cr (+1.02% pts)
- Axis Bank Limitedup ₹32.2 Cr (+0.30% pts)
- Angel One Limitedup ₹27.7 Cr (+0.52% pts)
- HDFC Bank Limitedup ₹23 Cr (+0.08% 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 2023, the weight rose most in Capital Markets (+0.8 pts) and Banks (+0.3 pts), and fell most in Insurance (−1.3 pts).
- Capital Markets5.9% → 6.6%+0.8 pts
- Banks61.3% → 61.6%+0.3 pts
- Finance23.6% → 23.9%+0.3 pts
- Insurance9.2% → 7.8%−1.3 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 | Jun 2022 | Dec 2022 | Mar 2023 | May 2023 | Jun 2023 |
|---|---|---|---|---|---|
| Banks | 65.8% | 63.5% | 63.5% | 61.3% | 61.6% |
| Finance | 25.0% | 20.9% | 22.8% | 23.6% | 23.9% |
| Insurance | 6.4% | 8.0% | 8.0% | 9.2% | 7.8% |
| Capital Markets | 2.8% | 6.5% | 5.6% | 5.9% | 6.6% |
Allocation in Jun 2023change vs May 2023
- Banks (11)61.6%▲ 0.3 pts
- Finance (9)23.9%▲ 0.3 pts
- Insurance (4)7.8%▼ 1.3 pts
- Capital Markets (3)6.6%▲ 0.8 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 2023
3.9%
▼ 0.1 pts vs May 2023
- Cash alone
- 3.9%
- cash and net receivables
- A year earlier
- 3.5%
- Jun 2022 · now ▲ 0.4 pts
- Last 12 months
- 2.2% – 3.9%
- lowest to highest · record 3.9% in May 2023
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.