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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
₹2,509 Cr
up ₹389 Cr vs Oct 2020
- Stocks held
- 27
- unchanged
- Top 10 weight
- 67.9%
- of the portfolio in its ten largest
- Cash & debt
- 4.8%
- 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 November 2020 it disclosed 27 stocks worth ₹2,509 Cr, up ₹389 Cr from Oct 2020. Its largest positions were ICICI Bank Limited (15.8%), HDFC Bank Limited (14.6%), State Bank of India (9.7%); the ten largest together made up 67.9% of the portfolio, and Banks was the biggest sector at 66.8% of its equity. Cash and debt stood at 4.8%. Compared with Oct 2020 the fund entered 1 new stock and exited 1.
Against 230 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
11%
Holds more stocks than 11% of peers
Cash
69%
Holds more cash than 69% of peers
What these mean: concentration · cash
Holdings in November 2020
Download CSVEvery line the fund disclosed, with the change against Oct 2020. 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 | 15.76% | up 1.03 pts | ₹395 Cr | up ₹83.2 Cr | Added |
| HDFC Bank Limited | 14.64% | down 0.15 pts | ₹367 Cr | up ₹53.8 Cr | Added |
| State Bank of India | 9.67% | up 1.16 pts | ₹243 Cr | up ₹62.2 Cr | Added |
| Axis Bank Limited | 7.09% | up 0.22 pts | ₹178 Cr | up ₹32.2 Cr | Added |
| Cash, TREPS & receivables | 4.82% | up 0.20 pts | ₹121 Cr | up ₹23 Cr | Added |
| The Federal Bank Limited | 4.30% | up 0.21 pts | ₹108 Cr | up ₹21.2 Cr | Added |
| Kotak Mahindra Bank Limited | 4.18% | down 1.36 pts | ₹105 Cr | down ₹12.6 Cr | Trimmed |
| Bajaj Finserv Limited | 3.81% | down 0.62 pts | ₹95.6 Cr | up ₹1.6 Cr | Added |
| Muthoot Finance Limited | 3.18% | down 0.55 pts | ₹79.9 Cr | up ₹69 L | Added |
| Bank of Baroda | 2.73% | up 0.11 pts | ₹68.6 Cr | up ₹12.9 Cr | Added |
| Max Financial Services Limited | 2.49% | down 0.19 pts | ₹62.6 Cr | up ₹5.6 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 2.32% | up 0.71 pts | ₹58.2 Cr | up ₹24.1 Cr | Added |
| IndusInd Bank Limited | 2.29% | down 0.11 pts | ₹57.4 Cr | up ₹6.5 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.29% | up 0.35 pts | ₹57.4 Cr | up ₹16.3 Cr | Added |
| Motilal Oswal Financial Services Limited | 2.27% | down 0.21 pts | ₹57 Cr | up ₹4.3 Cr | Added |
| SBI Cards and Payment Services Limited | 2.23% | down 0.03 pts | ₹56 Cr | up ₹8 Cr | Added |
| Power Finance Corporation Limited | 2.16% | up 0.10 pts | ₹54.1 Cr | up ₹10.6 Cr | Added |
| CreditAccess Grameen Limited | 2.05% | up 0.06 pts | ₹51.4 Cr | up ₹9.3 Cr | Added |
| Angel One Limited | 2.00% | down 0.34 pts | ₹50.1 Cr | up ₹62 L | Added |
| RBL Bank Limited | 1.95% | up 0.15 pts | ₹49 Cr | up ₹10.8 Cr | Added |
| ICICI Lombard General Insurance Company Limited | 1.45% | down 0.01 pts | ₹36.3 Cr | up ₹5.4 Cr | Added |
| PNB Housing Finance Limited | 1.32% | down 0.14 pts | ₹33.1 Cr | up ₹2.2 Cr | Added |
| Poonawalla Fincorp Limited | 1.17% | up 0.08 pts | ₹29.3 Cr | up ₹6.3 Cr | Added |
| HDFC Asset Management Company Limited | 1.06% | down 0.05 pts | ₹26.7 Cr | up ₹3 Cr | Added |
| Karur Vysya Bank Limited | 0.97% | down 0.02 pts | ₹24.4 Cr | up ₹3.3 Cr | Added |
| General Insurance Corporation of India | 0.84% | up 0.01 pts | ₹21.1 Cr | up ₹3.5 Cr | Added |
| SBI Life Insurance Company Limited | 0.67% | up 0.67 pts | ₹16.9 Cr | up ₹16.9 Cr | New |
| JM Financial Limited | 0.29% | down 0.23 pts | ₹7.2 Cr | down ₹3.7 Cr | Trimmed |
What changed, Oct 2020 to Nov 2020
New New positions (1)
- SBI Life Insurance Company Limited0.7% · ₹16.9 Cr
Exited Exited (1)
- AU Small Finance Bank Limitedwas 1.0% · ₹22 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹83.2 Cr (+1.03% pts)
- State Bank of Indiaup ₹62.2 Cr (+1.16% pts)
- HDFC Bank Limitedup ₹53.8 Cr (−0.15% pts)
- Axis Bank Limited
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 Oct 2020, the weight rose most in Insurance (+0.5 pts) and Banks (+0.3 pts), and fell most in Capital Markets (−0.6 pts) and Finance (−0.2 pts).
- Insurance5.2% → 5.7%+0.5 pts
- Banks66.5% → 66.8%+0.3 pts
- Capital Markets6.2% → 5.6%−0.6 pts
- Finance22.1% → 21.9%−0.2 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 | Nov 2019 | May 2020 | Aug 2020 | Oct 2020 | Nov 2020 |
|---|---|---|---|---|---|
| Banks | 68.7% | 67.6% | 69.7% | 66.5% | 66.8% |
| Finance | 23.2% | 22.6% | 19.8% | 22.1% | 21.9% |
| Insurance | 4.9% | 6.9% | 5.9% | 5.2% | 5.7% |
| Capital Markets | 3.2% | 2.9% | 4.6% | 6.2% | 5.6% |
Allocation in Nov 2020change vs Oct 2020
- Banks (10)66.8%▲ 0.3 pts
- Finance (10)21.9%▼ 0.2 pts
- Insurance (4)5.7%▲ 0.5 pts
- Capital Markets (3)5.6%▼ 0.6 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, Nov 2020
4.8%
▲ 0.2 pts vs Oct 2020
- Cash alone
- 4.8%
- cash and net receivables
- A year earlier
- 5.2%
- Nov 2019 · now ▼ 0.4 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.