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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
₹2,568 Cr
up ₹59.6 Cr vs Nov 2020
- Stocks held
- 26
- down 1 vs Nov 2020
- Top 10 weight
- 68.2%
- of the portfolio in its ten largest
- Cash & debt
- 4.5%
- 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 December 2020 it disclosed 26 stocks worth ₹2,568 Cr, up ₹59.6 Cr from Nov 2020. Its largest positions were ICICI Bank Limited (17.2%), HDFC Bank Limited (13.6%), State Bank of India (10.6%); the ten largest together made up 68.2% of the portfolio, and Banks was the biggest sector at 68.8% of its equity. Cash and debt stood at 4.5%. Compared with Nov 2020 the fund entered 1 new stock and exited 2.
Against 230 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
10%
Holds more stocks than 10% of peers
Cash
66%
Holds more cash than 66% of peers
What these mean: concentration · cash
Holdings in December 2020
Download CSVEvery line the fund disclosed, with the change against Nov 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 | 17.19% | up 1.43 pts | ₹442 Cr | up ₹46.2 Cr | Added |
| HDFC Bank Limited | 13.56% | down 1.08 pts | ₹348 Cr | down ₹19.1 Cr | Trimmed |
| State Bank of India | 10.63% | up 0.96 pts | ₹273 Cr | up ₹30.5 Cr | Added |
| Axis Bank Limited | 7.14% | up 0.05 pts | ₹183 Cr | up ₹5.6 Cr | Added |
| Cash, TREPS & receivables | 4.51% | down 0.32 pts | ₹116 Cr | down ₹5.3 Cr | Trimmed |
| The Federal Bank Limited | 4.46% | up 0.16 pts | ₹115 Cr | up ₹6.7 Cr | Added |
| Kotak Mahindra Bank Limited | 3.30% | down 0.88 pts | ₹84.8 Cr | down ₹20.1 Cr | Trimmed |
| Muthoot Finance Limited | 3.15% | down 0.03 pts | ₹80.9 Cr | up ₹1 Cr | Added |
| Bajaj Finserv Limited | 3.09% | down 0.72 pts | ₹79.4 Cr | down ₹16.2 Cr | Trimmed |
| Bank of Baroda | 2.96% | up 0.22 pts | ₹76 Cr | up ₹7.4 Cr | Added |
| SBI Cards and Payment Services Limited | 2.75% | up 0.52 pts | ₹70.6 Cr | up ₹14.6 Cr | Added |
| Max Financial Services Limited | 2.54% | up 0.04 pts | ₹65.1 Cr | up ₹2.5 Cr | Added |
| IndusInd Bank Limited | 2.33% | up 0.04 pts | ₹59.9 Cr | up ₹2.5 Cr | Added |
| Power Finance Corporation Limited | 2.23% | up 0.07 pts | ₹57.2 Cr | up ₹3 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.21% | down 0.07 pts | ₹56.8 Cr | down ₹53 L | Trimmed |
| Motilal Oswal Financial Services Limited | 2.19% | down 0.08 pts | ₹56.2 Cr | down ₹76 L | Trimmed |
| RBL Bank Limited | 2.15% | up 0.20 pts | ₹55.2 Cr | up ₹6.2 Cr | Added |
| SBI Life Insurance Company Limited | 2.11% | up 1.44 pts | ₹54.3 Cr | up ₹37.3 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 1.96% | down 0.36 pts | ₹50.4 Cr | down ₹7.8 Cr | Trimmed |
| CreditAccess Grameen Limited | 1.87% | down 0.18 pts | ₹48 Cr | down ₹3.4 Cr | Trimmed |
| Angel One Limited | 1.84% | down 0.15 pts | ₹47.3 Cr | down ₹2.8 Cr | Trimmed |
| PNB Housing Finance Limited | 1.24% | down 0.08 pts | ₹31.9 Cr | down ₹1.2 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.16% | up 0.19 pts | ₹29.8 Cr | up ₹5.4 Cr | Added |
| Poonawalla Fincorp Limited | 0.98% | down 0.19 pts | ₹25.1 Cr | down ₹4.2 Cr | Trimmed |
| Canara Bank | 0.85% | up 0.85 pts | ₹21.9 Cr | up ₹21.9 Cr | New |
| General Insurance Corporation of India | 0.81% | down 0.03 pts | ₹20.8 Cr | down ₹28 L | Trimmed |
| HDFC Asset Management Company Limited | 0.80% | down 0.27 pts | ₹20.4 Cr | down ₹6.2 Cr | Trimmed |
What changed, Nov 2020 to Dec 2020
New New positions (1)
- Canara Bank0.9% · ₹21.9 Cr
Exited Exited (2)
- ICICI Lombard General Insurance Company Limitedwas 1.4% · ₹36.3 Cr
- JM Financial Limitedwas 0.3% · ₹7.2 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹46.2 Cr (+1.43% pts)
- SBI Life Insurance Company Limitedup ₹37.3 Cr (+1.44% pts)
- State Bank of India ₹30.5 Cr (+0.96% 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 Nov 2020, the weight rose most in Banks (+2.0 pts), and fell most in Finance (−1.5 pts) and Capital Markets (−0.5 pts).
- Banks66.8% → 68.8%+2.0 pts
- Finance21.9% → 20.4%−1.5 pts
- Capital Markets5.6% → 5.1%−0.5 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 | Dec 2019 | Jun 2020 | Sep 2020 | Nov 2020 | Dec 2020 |
|---|---|---|---|---|---|
| Banks | 71.5% | 67.7% | 66.5% | 66.8% | 68.8% |
| Finance | 21.3% | 18.7% | 21.8% | 21.9% | 20.4% |
| Insurance | 4.6% | 8.6% | 6.3% | 5.7% | 5.7% |
| Capital Markets | 2.6% | 5.0% | 5.3% | 5.6% | 5.1% |
Allocation in Dec 2020change vs Nov 2020
- Banks (11)68.8%▲ 2.0 pts
- Finance (9)20.4%▼ 1.5 pts
- Insurance (3)5.7%
- Capital Markets (3)5.1%▼ 0.5 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, Dec 2020
4.5%
▼ 0.3 pts vs Nov 2020
- Cash alone
- 4.5%
- cash and net receivables
- A year earlier
- 3.8%
- Dec 2019 · now ▲ 0.7 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.