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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
₹2,120 Cr
up ₹110 Cr vs Sep 2020
- Stocks held
- 27
- unchanged
- Top 10 weight
- 68.0%
- of the portfolio in its ten largest
- Cash & debt
- 4.6%
- cash, money market and debt
- Moves this month
Nippon India Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In October 2020 it disclosed 27 stocks worth ₹2,120 Cr, up ₹110 Cr from Sep 2020. Its largest positions were HDFC Bank Limited (14.8%), ICICI Bank Limited (14.7%), State Bank of India (8.5%); the ten largest together made up 68.0% of the portfolio, and Banks was the biggest sector at 66.5% of its equity. Cash and debt stood at 4.6%. Compared with Sep 2020 the fund entered 0 new stocks and exited 0.
Against 227 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
10%
Holds more stocks than 10% of peers
Cash
69%
Holds more cash than 69% of peers
What these mean: concentration · cash
Holdings in October 2020
Download CSVEvery line the fund disclosed, with the change against Sep 2020. 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 | 14.79% | down 0.50 pts | ₹314 Cr | up ₹6.2 Cr | Added |
| ICICI Bank Limited | 14.73% | down 0.36 pts | ₹312 Cr | up ₹8.8 Cr | Added |
| State Bank of India | 8.51% | down 0.74 pts | ₹180 Cr | down ₹5.6 Cr | Trimmed |
| Axis Bank Limited | 6.87% | up 0.41 pts | ₹146 Cr | up ₹15.8 Cr | Added |
| Kotak Mahindra Bank Limited | 5.54% | up 2.01 pts | ₹118 Cr | up ₹46.6 Cr | Added |
| Cash, TREPS & receivables | 4.63% | up 0.84 pts | ₹98.1 Cr | up ₹22 Cr | Added |
| Bajaj Finserv Limited | 4.44% | up 1.13 pts | ₹94 Cr | up ₹27.5 Cr | Added |
| The Federal Bank Limited | 4.09% | down 0.06 pts | ₹86.6 Cr | up ₹3.2 Cr | Added |
| Muthoot Finance Limited | 3.74% | up 0.11 pts | ₹79.2 Cr | up ₹6.3 Cr | Added |
| Max Financial Services Limited | 2.69% | down 0.86 pts | ₹57 Cr | down ₹14.3 Cr | Trimmed |
| Bank of Baroda | 2.63% | down 0.10 pts | ₹55.7 Cr | up ₹87 L | Added |
| Motilal Oswal Financial Services Limited | 2.48% | down 0.54 pts | ₹52.7 Cr | down ₹8.1 Cr | Trimmed |
| IndusInd Bank Limited | 2.40% | down 0.67 pts | ₹50.9 Cr | down ₹10.8 Cr | Trimmed |
| Angel One Limited | 2.33% | up 1.69 pts | ₹49.5 Cr | up ₹36.5 Cr | Added |
| SBI Cards and Payment Services Limited | 2.26% | up 0.16 pts | ₹48 Cr | up ₹5.6 Cr | Added |
| Power Finance Corporation Limited | 2.05% | down 0.09 pts | ₹43.6 Cr | up ₹45 L | Added |
| CreditAccess Grameen Limited | 1.99% | down 0.42 pts | ₹42.1 Cr | down ₹6.2 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 1.94% | down 0.14 pts | ₹41 Cr | down ₹68 L | Trimmed |
| RBL Bank Limited | 1.80% | down 0.03 pts | ₹38.2 Cr | up ₹1.4 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 1.61% | down 0.43 pts | ₹34.1 Cr | down ₹7 Cr | Trimmed |
| ICICI Lombard General Insurance Company Limited | 1.46% | down 0.16 pts | ₹30.9 Cr | down ₹1.6 Cr | Trimmed |
| PNB Housing Finance Limited | 1.46% | down 0.10 pts | ₹30.9 Cr | down ₹41 L | Trimmed |
| HDFC Asset Management Company Limited | 1.11% | down 0.35 pts | ₹23.6 Cr | down ₹5.9 Cr | Trimmed |
| Poonawalla Fincorp Limited | 1.08% | up 0.07 pts | ₹23 Cr | up ₹2.6 Cr | Added |
| AU Small Finance Bank Limited | 1.04% | down 0.54 pts | ₹22 Cr | down ₹9.6 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.00% | down 0.06 pts | ₹21.1 Cr | down ₹10 L | Held |
| General Insurance Corporation of India | 0.83% | down 0.07 pts | ₹17.6 Cr | down ₹46 L | Trimmed |
| JM Financial Limited | 0.51% | down 0.21 pts | ₹10.9 Cr | down ₹3.6 Cr | Trimmed |
What changed, Sep 2020 to Oct 2020
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Kotak Mahindra Bank Limitedup ₹46.6 Cr (+2.01% pts)
- Angel One Limitedup ₹36.5 Cr (+1.69% pts)
- Bajaj Finserv Limitedup ₹27.5 Cr (+1.13% pts)
- Axis Bank Limitedup ₹15.8 Cr (+0.41% pts)
- ICICI Bank Limitedup ₹8.8 Cr (−0.36% 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 Sep 2020, the weight rose most in Capital Markets (+0.9 pts) and Finance (+0.3 pts), and fell most in Insurance (−1.1 pts).
- Capital Markets5.3% → 6.2%+0.9 pts
- Finance21.8% → 22.1%+0.3 pts
- Insurance6.3% → 5.2%−1.1 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 | Oct 2019 | Apr 2020 | Jul 2020 | Sep 2020 | Oct 2020 |
|---|---|---|---|---|---|
| Banks | 69.3% | 67.7% | 67.6% | 66.5% | 66.5% |
| Finance | 22.9% | 23.6% | 20.3% | 21.8% | 22.1% |
| Capital Markets | 2.0% | 2.6% | 5.0% | 5.3% | 6.2% |
| Insurance | 5.8% | 6.2% | 7.1% | 6.3% | 5.2% |
Allocation in Oct 2020change vs Sep 2020
- Banks (11)66.5%▼ 0.1 pts
- Finance (10)22.1%▲ 0.3 pts
- Capital Markets (3)6.2%▲ 0.9 pts
- Insurance (3)5.2%▼ 1.1 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, Oct 2020
4.6%
▲ 0.8 pts vs Sep 2020
- Cash alone
- 4.6%
- cash and net receivables
- A year earlier
- 2.6%
- Oct 2019 · now ▲ 2.0 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.