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Nippon India Banking Fund
Disclosed for 20 months, Sep 2019 to Apr 2021. This scheme is no longer reporting.Published as: NIPPON INDIA BANKING FUND (An open ended equity scheme investing in Banking sector)
Portfolio value
₹2,169 Cr
up ₹181 Cr vs Jul 2020
- Stocks held
- 26
- down 1 vs Jul 2020
- Top 10 weight
- 69.2%
- of the portfolio in its ten largest
- Cash & debt
- 4.7%
- cash, money market and debt
Nippon India Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In August 2020 it disclosed 26 stocks worth ₹2,169 Cr, up ₹181 Cr from Jul 2020. Its largest positions were HDFC Bank Limited (15.7%), ICICI Bank Limited (15.6%), State Bank of India (9.8%); the ten largest together made up 69.2% of the portfolio, and Banks was the biggest sector at 69.7% of its equity. Cash and debt stood at 4.7%. Compared with Jul 2020 the fund entered 1 new stock and exited 2.
Against 227 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
8%
Holds more stocks than 8% of peers
Cash
69%
Holds more cash than 69% of peers
Holdings in August 2020
Download CSVEvery line the fund disclosed, with the change against Jul 2020. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 15.69% | down 0.16 pts | ₹340 Cr | up ₹25.3 Cr | Added |
| ICICI Bank Limited | 15.56% | up 0.64 pts | ₹338 Cr | up ₹40.9 Cr | Added |
| State Bank of India | 9.80% | up 0.14 pts | ₹213 Cr | up ₹20.6 Cr | Added |
| Axis Bank Limited | 7.23% | up 0.37 pts | ₹157 Cr | up ₹20.5 Cr | Added |
| Cash, TREPS & receivables | 4.70% | up 0.82 pts | ₹102 Cr | up ₹24.8 Cr | Added |
| The Federal Bank Limited | 4.38% | down 0.28 pts | ₹94.9 Cr | up ₹2.4 Cr | Added |
| Kotak Mahindra Bank Limited | 3.78% | down 0.24 pts | ₹81.9 Cr | up ₹2.1 Cr | Added |
| IndusInd Bank Limited | 3.40% | up 0.32 pts | ₹73.7 Cr | up ₹12.4 Cr | Added |
| Bajaj Finserv Limited | 3.24% | down 0.30 pts | ₹70.4 Cr | down ₹18 L | Held |
| Max Financial Services Limited | 3.16% | up 0.17 pts | ₹68.6 Cr | up ₹9.2 Cr | Added |
| Bank of Baroda | 3.02% | down 0.13 pts | ₹65.4 Cr | up ₹2.9 Cr | Added |
| Motilal Oswal Financial Services Limited | 2.95% | down 0.26 pts | ₹64 Cr | up ₹23 L | Held |
| Muthoot Finance Limited | 2.49% | down 0.70 pts | ₹54 Cr | down ₹9.3 Cr | Trimmed |
| Power Finance Corporation Limited | 2.17% | up 0.13 pts | ₹47 Cr | up ₹6.6 Cr | Added |
| CreditAccess Grameen Limited | 2.15% | up 0.47 pts | ₹46.7 Cr | up ₹13.2 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.13% | up 0.37 pts | ₹46.3 Cr | up ₹11.1 Cr | Added |
| SBI Cards and Payment Services Limited | 1.86% | up 0.03 pts | ₹40.4 Cr | up ₹4 Cr | Added |
| RBL Bank Limited | 1.80% | up 0.10 pts | ₹39 Cr | up ₹5.3 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 1.76% | up 0.09 pts | ₹38.2 Cr | up ₹4.9 Cr | Added |
| ICICI Lombard General Insurance Company Limited | 1.45% | down 0.19 pts | ₹31.4 Cr | down ₹1.2 Cr | Trimmed |
| HDFC Asset Management Company Limited | 1.44% | down 0.14 pts | ₹31.3 Cr | down ₹11 L | Held |
| PNB Housing Finance Limited | 1.22% | up 0.19 pts | ₹26.4 Cr | up ₹6 Cr | Added |
| Karur Vysya Bank Limited | 1.15% | up 0.02 pts | ₹24.9 Cr | up ₹2.4 Cr | Added |
| Poonawalla Fincorp Limited | 1.08% | up 0.27 pts | ₹23.4 Cr | up ₹7.3 Cr | Added |
| General Insurance Corporation of India | 1.01% | down 0.07 pts | ₹22 Cr | up ₹42 L | Added |
| JM Financial Limited | 0.78% | up <0.01 pts | ₹16.9 Cr | up ₹1.4 Cr | Added |
| AU Small Finance Bank Limited | 0.62% | up 0.62 pts | ₹13.4 Cr | up ₹13.4 Cr | New |
What changed, Jul 2020 to Aug 2020
New New positions (1)
- AU Small Finance Bank Limited0.6% · ₹13.4 Cr
Exited Exited (2)
- Can Fin Homes Limitedwas 1.1% · ₹22.8 Cr
- ICICI Prudential Life Insurance Company Limitedwas 1.1% · ₹22.5 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹40.9 Cr (+0.64% pts)
- HDFC Bank Limitedup ₹25.3 Cr (−0.16% pts)
- State Bank of India ₹20.6 Cr (+0.14% 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 Jul 2020, the weight rose most in Banks (+2.0 pts), and fell most in Insurance (−1.2 pts) and Finance (−0.5 pts).
- Banks67.6% → 69.7%+2.0 pts
- Insurance7.1% → 5.9%−1.2 pts
- Finance20.3% → 19.8%−0.5 pts
- Capital Markets5.0% → 4.6%−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 | Feb 2020 | May 2020 | Jul 2020 | Aug 2020 |
|---|---|---|---|---|
| Banks | 69.9% | 67.6% | 67.6% | 69.7% |
| Finance | 23.1% | 22.6% | 20.3% | 19.8% |
| Insurance | 4.6% | 6.9% | 7.1% | 5.9% |
| Capital Markets | 2.4% | 2.9% | 5.0% | 4.6% |
Allocation in Aug 2020change vs Jul 2020
- Banks (11)69.7%▲ 2.0 pts
- Finance (10)19.8%▼ 0.5 pts
- Insurance (3)5.9%▼ 1.2 pts
- Capital Markets (2)4.6%▼ 0.4 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.
Cash & debt, Aug 2020
4.7%
▲ 0.8 pts vs Jul 2020
- Cash alone
- 4.7%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 2.6% – 8.6%
- lowest to highest · record 8.6% in Jun 2020
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.