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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
₹2,499 Cr
down ₹69.8 Cr vs Dec 2020
- Stocks held
- 26
- unchanged
- Top 10 weight
- 69.8%
- of the portfolio in its ten largest
- Cash & debt
- 3.1%
- 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 January 2021 it disclosed 26 stocks worth ₹2,499 Cr, down ₹69.8 Cr from Dec 2020. Its largest positions were ICICI Bank Limited (17.5%), HDFC Bank Limited (13.2%), State Bank of India (10.5%); the ten largest together made up 69.8% of the portfolio, and Banks was the biggest sector at 68.4% of its equity. Cash and debt stood at 3.1%. Compared with Dec 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
10%
Holds more stocks than 10% of peers
Cash
45%
Holds more cash than 45% of peers
What these mean: concentration · cash
Holdings in January 2021
Download CSVEvery line the fund disclosed, with the change against Dec 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 | 17.52% | up 0.33 pts | ₹438 Cr | down ₹3.8 Cr | Trimmed |
| HDFC Bank Limited | 13.21% | down 0.34 pts | ₹330 Cr | down ₹18.1 Cr | Trimmed |
| State Bank of India | 10.53% | down 0.10 pts | ₹263 Cr | down ₹9.8 Cr | Trimmed |
| Axis Bank Limited | 8.37% | up 1.23 pts | ₹209 Cr | up ₹25.8 Cr | Added |
| The Federal Bank Limited | 4.68% | up 0.22 pts | ₹117 Cr | up ₹2.4 Cr | Added |
| SBI Cards and Payment Services Limited | 3.57% | up 0.82 pts | ₹89.2 Cr | up ₹18.6 Cr | Added |
| Bank of Baroda | 3.37% | up 0.41 pts | ₹84.1 Cr | up ₹8.2 Cr | Added |
| Cash, TREPS & receivables | 3.14% | down 1.36 pts | ₹78.5 Cr | down ₹37.2 Cr | Trimmed |
| SBI Life Insurance Company Limited | 3.11% | up 1.00 pts | ₹77.8 Cr | up ₹23.5 Cr | Added |
| Muthoot Finance Limited | 2.96% | down 0.19 pts | ₹73.9 Cr | down ₹7 Cr | Trimmed |
| Max Financial Services Limited | 2.43% | down 0.10 pts | ₹60.8 Cr | down ₹4.4 Cr | Trimmed |
| Bajaj Finserv Limited | 2.41% | down 0.68 pts | ₹60.3 Cr | down ₹19.1 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 2.40% | down 0.90 pts | ₹60 Cr | down ₹24.9 Cr | Trimmed |
| Motilal Oswal Financial Services Limited | 2.31% | up 0.12 pts | ₹57.7 Cr | up ₹1.5 Cr | Added |
| Power Finance Corporation Limited | 2.20% | down 0.03 pts | ₹54.9 Cr | down ₹2.3 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.12% | down 0.09 pts | ₹53 Cr | down ₹3.9 Cr | Trimmed |
| IndusInd Bank Limited | 2.10% | down 0.24 pts | ₹52.4 Cr | down ₹7.5 Cr | Trimmed |
| RBL Bank Limited | 2.04% | down 0.10 pts | ₹51.1 Cr | down ₹4.1 Cr | Trimmed |
| Angel One Limited | 1.92% | up 0.08 pts | ₹48 Cr | up ₹62 L | Added |
| CreditAccess Grameen Limited | 1.76% | down 0.11 pts | ₹44.1 Cr | down ₹3.9 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 1.51% | down 0.45 pts | ₹37.8 Cr | down ₹12.6 Cr | Trimmed |
| Indian Railway Finance Corporation Limited | 1.22% | up 1.22 pts | ₹30.5 Cr | up ₹30.5 Cr | New |
| PNB Housing Finance Limited | 1.17% | down 0.07 pts | ₹29.4 Cr | down ₹2.5 Cr | Trimmed |
| Poonawalla Fincorp Limited | 1.13% | up 0.15 pts | ₹28.2 Cr | up ₹3.2 Cr | Added |
| Karur Vysya Bank Limited | 1.10% | down 0.05 pts | ₹27.6 Cr | down ₹2.1 Cr | Trimmed |
| Canara Bank | 0.90% | up 0.04 pts | ₹22.4 Cr | up ₹52 L | Added |
| General Insurance Corporation of India | 0.79% | down 0.02 pts | ₹19.7 Cr | down ₹1.1 Cr | Trimmed |
What changed, Dec 2020 to Jan 2021
New New positions (1)
- Indian Railway Finance Corporation Limited1.2% · ₹30.5 Cr
Exited Exited (1)
- HDFC Asset Management Company Limitedwas 0.8% · ₹20.4 Cr
Added Biggest additions
- Axis Bank Limitedup ₹25.8 Cr (+1.23% pts)
- SBI Life Insurance Company Limitedup ₹23.5 Cr (+1.00% pts)
- SBI Cards and Payment Services Limitedup ₹18.6 Cr (+0.82% 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 Dec 2020, the weight rose most in Insurance (+0.8 pts) and Finance (+0.3 pts), and fell most in Capital Markets (−0.7 pts) and Banks (−0.5 pts).
- Insurance5.7% → 6.5%+0.8 pts
- Finance20.4% → 20.7%+0.3 pts
- Capital Markets5.1% → 4.4%−0.7 pts
- Banks68.8% → 68.4%−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 | Jan 2020 | Jul 2020 | Oct 2020 | Dec 2020 | Jan 2021 |
|---|---|---|---|---|---|
| Banks | 69.8% | 67.6% | 66.5% | 68.8% | 68.4% |
| Finance | 23.3% | 20.3% | 22.1% | 20.4% | 20.7% |
| Insurance | 4.5% | 7.1% | 5.2% | 5.7% | 6.5% |
| Capital Markets | 2.4% | 5.0% | 6.2% | 5.1% | 4.4% |
Allocation in Jan 2021change vs Dec 2020
- Banks (11)68.4%▼ 0.5 pts
- Finance (10)20.7%▲ 0.3 pts
- Insurance (3)6.5%▲ 0.8 pts
- Capital Markets (2)4.4%▼ 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. More on reading cash.
Cash & debt, Jan 2021
3.1%
▼ 1.4 pts vs Dec 2020
- Cash alone
- 3.2%
- cash and net receivables
- A year earlier
- 4.4%
- Jan 2020 · now ▼ 1.2 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.