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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
₹2,010 Cr
down ₹159 Cr vs Aug 2020
- Stocks held
- 27
- up 1 vs Aug 2020
- Top 10 weight
- 67.3%
- of the portfolio in its ten largest
- Cash & debt
- 3.8%
- 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 September 2020 it disclosed 27 stocks worth ₹2,010 Cr, down ₹159 Cr from Aug 2020. Its largest positions were HDFC Bank Limited (15.3%), ICICI Bank Limited (15.1%), State Bank of India (9.3%); the ten largest together made up 67.3% of the portfolio, and Banks was the biggest sector at 66.5% of its equity. Cash and debt stood at 3.8%. Compared with Aug 2020 the fund entered 1 new stock and exited 0.
Against 227 other Sectoral / Thematic funds
Concentration
94%
Top-10 weight is higher than 94% of peers
Breadth
10%
Holds more stocks than 10% of peers
Cash
57%
Holds more cash than 57% of peers
Holdings in September 2020
Download CSVEvery line the fund disclosed, with the change against Aug 2020. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 15.29% | down 0.40 pts | ₹307 Cr | down ₹32.9 Cr | Trimmed |
| ICICI Bank Limited | 15.09% | down 0.47 pts | ₹303 Cr | down ₹34.1 Cr | Trimmed |
| State Bank of India | 9.25% | down 0.55 pts | ₹186 Cr | down ₹26.7 Cr | Trimmed |
| Axis Bank Limited | 6.45% | down 0.77 pts | ₹130 Cr | down ₹27 Cr | Trimmed |
| The Federal Bank Limited | 4.15% | down 0.23 pts | ₹83.4 Cr | down ₹11.5 Cr | Trimmed |
| Cash, TREPS & receivables | 3.78% | down 0.92 pts | ₹76.1 Cr | down ₹25.9 Cr | Trimmed |
| Muthoot Finance Limited | 3.62% | up 1.13 pts | ₹72.8 Cr | up ₹18.8 Cr | Added |
| Max Financial Services Limited | 3.55% | up 0.38 pts | ₹71.3 Cr | up ₹2.7 Cr | Added |
| Kotak Mahindra Bank Limited | 3.53% | down 0.25 pts | ₹71 Cr | down ₹11 Cr | Trimmed |
| Bajaj Finserv Limited | 3.31% | up 0.07 pts | ₹66.5 Cr | down ₹3.8 Cr | Trimmed |
| IndusInd Bank Limited | 3.07% | down 0.33 pts | ₹61.7 Cr | down ₹12 Cr | Trimmed |
| Motilal Oswal Financial Services Limited | 3.02% | up 0.08 pts | ₹60.8 Cr | down ₹3.2 Cr | Trimmed |
| Bank of Baroda | 2.73% | down 0.29 pts | ₹54.9 Cr | down ₹10.6 Cr | Trimmed |
| CreditAccess Grameen Limited | 2.40% | up 0.25 pts | ₹48.3 Cr | up ₹1.6 Cr | Added |
| Power Finance Corporation Limited | 2.14% | down 0.02 pts | ₹43.1 Cr | down ₹3.9 Cr | Trimmed |
| SBI Cards and Payment Services Limited | 2.11% | up 0.25 pts | ₹42.4 Cr | up ₹2 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.08% | down 0.06 pts | ₹41.7 Cr | down ₹4.6 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 2.04% | up 0.28 pts | ₹41 Cr | up ₹2.8 Cr | Added |
| RBL Bank Limited | 1.83% | up 0.03 pts | ₹36.8 Cr | down ₹2.2 Cr | Trimmed |
| ICICI Lombard General Insurance Company Limited | 1.62% | up 0.17 pts | ₹32.5 Cr | up ₹1.1 Cr | Added |
| AU Small Finance Bank Limited | 1.58% | up 0.96 pts | ₹31.7 Cr | up ₹18.3 Cr | Added |
| PNB Housing Finance Limited | 1.56% | up 0.34 pts | ₹31.3 Cr | up ₹4.9 Cr | Added |
| HDFC Asset Management Company Limited | 1.47% | up 0.02 pts | ₹29.5 Cr | down ₹1.8 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.05% | down 0.09 pts | ₹21.2 Cr | down ₹3.7 Cr | Trimmed |
| Poonawalla Fincorp Limited | 1.01% | down 0.06 pts | ₹20.4 Cr | down ₹3 Cr | Trimmed |
| General Insurance Corporation of India | 0.90% | down 0.11 pts | ₹18.1 Cr | down ₹3.9 Cr | Trimmed |
| JM Financial Limited | 0.72% | down 0.06 pts | ₹14.5 Cr | down ₹2.5 Cr | Trimmed |
| Angel One Limited | 0.65% | up 0.65 pts | ₹13 Cr | up ₹13 Cr | New |
What changed, Aug 2020 to Sep 2020
New New positions (1)
- Angel One Limited0.6% · ₹13 Cr
Exited Exited (0)
None.
Added Biggest additions
- Muthoot Finance Limitedup ₹18.8 Cr (+1.13% pts)
- AU Small Finance Bank Limitedup ₹18.3 Cr (+0.96% pts)
- PNB Housing Finance Limitedup ₹4.9 Cr (+0.34% pts)
- Cholamandalam Investment and Finance Company Limitedup ₹2.8 Cr (+0.28% 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 Aug 2020, the weight rose most in Finance (+2.0 pts) and Capital Markets (+0.7 pts), and fell most in Banks (−3.1 pts).
- Finance19.8% → 21.8%+2.0 pts
- Capital Markets4.6% → 5.3%+0.7 pts
- Insurance5.9% → 6.3%+0.4 pts
- Banks69.7% → 66.5%−3.1 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 | Sep 2019 | Mar 2020 | Jun 2020 | Aug 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Banks | 70.9% | 70.1% | 67.7% | 69.7% | 66.5% |
| Finance | 23.2% | 22.5% | 18.7% | 19.8% | 21.8% |
| Insurance | 5.1% | 4.6% | 8.6% | 5.9% | 6.3% |
| Capital Markets | 0.9% | 2.8% | 5.0% | 4.6% | 5.3% |
Allocation in Sep 2020change vs Aug 2020
- Banks (11)66.5%▼ 3.1 pts
- Finance (10)21.8%▲ 2.0 pts
- Insurance (3)6.3%▲ 0.4 pts
- Capital Markets (3)5.3%▲ 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.
Cash & debt, Sep 2020
3.8%
▼ 0.9 pts vs Aug 2020
- Cash alone
- 3.8%
- cash and net receivables
- A year earlier
- 4.4%
- Sep 2019 · now ▼ 0.6 pts
- 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.