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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
₹2,821 Cr
up ₹323 Cr vs Jan 2021
- Stocks held
- 25
- down 1 vs Jan 2021
- Top 10 weight
- 70.9%
- of the portfolio in its ten largest
- Cash & debt
- 3.2%
- 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 February 2021 it disclosed 25 stocks worth ₹2,821 Cr, up ₹323 Cr from Jan 2021. Its largest positions were ICICI Bank Limited (16.6%), HDFC Bank Limited (12.9%), State Bank of India (12.2%); the ten largest together made up 70.9% of the portfolio, and Banks was the biggest sector at 69.2% of its equity. Cash and debt stood at 3.2%. Compared with Jan 2021 the fund entered 0 new stocks and exited 1.
Against 227 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
7%
Holds more stocks than 7% of peers
Cash
47%
Holds more cash than 47% of peers
Holdings in February 2021
Download CSVEvery line the fund disclosed, with the change against Jan 2021. Click a column to sort; click a company to see every fund that owns it.
| ICICI Bank Limited | 16.64% | down 0.88 pts | ₹469 Cr | up ₹31.6 Cr | Added |
| HDFC Bank Limited | 12.91% | down 0.30 pts | ₹364 Cr | up ₹34.2 Cr | Added |
| State Bank of India | 12.21% | up 1.68 pts | ₹345 Cr | up ₹81.3 Cr | Added |
| Axis Bank Limited | 8.88% | up 0.51 pts | ₹250 Cr | up ₹41.3 Cr | Added |
| The Federal Bank Limited | 4.79% | up 0.11 pts | ₹135 Cr | up ₹18.2 Cr | Added |
| SBI Life Insurance Company Limited | 3.69% | up 0.57 pts | ₹104 Cr | up ₹26.2 Cr | Added |
| SBI Cards and Payment Services Limited | 3.43% | down 0.14 pts | ₹96.6 Cr | up ₹7.5 Cr | Added |
| Cash, TREPS & receivables | 3.16% | up 0.02 pts | ₹89.2 Cr | up ₹10.7 Cr | Added |
| Muthoot Finance Limited | 3.08% | up 0.12 pts | ₹86.9 Cr | up ₹13 Cr | Added |
| Bank of Baroda | 2.68% | down 0.68 pts | ₹75.7 Cr | down ₹8.4 Cr | Trimmed |
| Poonawalla Fincorp Limited | 2.61% | up 1.48 pts | ₹73.7 Cr | up ₹45.5 Cr | Added |
| Max Financial Services Limited | 2.58% | up 0.15 pts | ₹72.7 Cr | up ₹12 Cr | Added |
| IndusInd Bank Limited | 2.33% | up 0.24 pts | ₹65.8 Cr | up ₹13.4 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.25% | up 0.13 pts | ₹63.6 Cr | up ₹10.6 Cr | Added |
| Kotak Mahindra Bank Limited | 2.21% | down 0.19 pts | ₹62.3 Cr | up ₹2.4 Cr | Added |
| Bajaj Finserv Limited | 2.02% | down 0.39 pts | ₹57.1 Cr | down ₹3.2 Cr | Trimmed |
| RBL Bank Limited | 2.00% | down 0.05 pts | ₹56.3 Cr | up ₹5.2 Cr | Added |
| Power Finance Corporation Limited | 1.98% | down 0.22 pts | ₹55.8 Cr | up ₹90 L | Added |
| Motilal Oswal Financial Services Limited | 1.68% | down 0.63 pts | ₹47.4 Cr | down ₹10.3 Cr | Trimmed |
| Angel One Limited | 1.64% | down 0.28 pts | ₹46.3 Cr | down ₹1.6 Cr | Trimmed |
| CreditAccess Grameen Limited | 1.53% | down 0.23 pts | ₹43.3 Cr | down ₹81 L | Trimmed |
| Karur Vysya Bank Limited | 1.37% | up 0.27 pts | ₹38.8 Cr | up ₹11.2 Cr | Added |
| PNB Housing Finance Limited | 1.21% | up 0.04 pts | ₹34.1 Cr | up ₹4.8 Cr | Added |
| Indian Railway Finance Corporation Limited | 1.16% | down 0.06 pts | ₹32.8 Cr | up ₹2.3 Cr | Added |
| General Insurance Corporation of India | 1.00% | up 0.21 pts | ₹28.3 Cr | up ₹8.6 Cr | Added |
| Canara Bank | 0.95% | up 0.05 pts | ₹26.7 Cr | up ₹4.3 Cr | Added |
What changed, Jan 2021 to Feb 2021
New New positions (0)
None.
Exited Exited (1)
- Cholamandalam Investment and Finance Company Limitedwas 1.5% · ₹37.8 Cr
Added Biggest additions
- State Bank of Indiaup ₹81.3 Cr (+1.68% pts)
- Poonawalla Fincorp Limitedup ₹45.5 Cr (+1.48% pts)
- Axis Bank Limitedup ₹41.3 Cr (+0.51% pts)
- HDFC Bank Limitedup ₹34.2 Cr (−0.30% 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 Jan 2021, the weight rose most in Insurance (+1.0 pts) and Banks (+0.8 pts), and fell most in Capital Markets (−0.9 pts) and Finance (−0.8 pts).
- Insurance6.5% → 7.5%+1.0 pts
- Banks68.4% → 69.2%+0.8 pts
- Capital Markets4.4% → 3.4%−0.9 pts
- Finance20.7% → 19.9%−0.8 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 | Feb 2020 | Aug 2020 | Nov 2020 | Jan 2021 | Feb 2021 |
|---|---|---|---|---|---|
| Banks | 69.9% | 69.7% | 66.8% | 68.4% | 69.2% |
| Finance | 23.1% | 19.8% | 21.9% | 20.7% | 19.9% |
| Insurance | 4.6% | 5.9% | 5.7% | 6.5% | 7.5% |
| Capital Markets | 2.4% | 4.6% | 5.6% | 4.4% | 3.4% |
Allocation in Feb 2021change vs Jan 2021
- Banks (11)69.2%▲ 0.8 pts
- Finance (9)19.9%▼ 0.8 pts
- Insurance (3)7.5%▲ 1.0 pts
- Capital Markets (2)3.4%▼ 0.9 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, Feb 2021
3.2%
unchanged vs Jan 2021
- Cash alone
- 3.2%
- cash and net receivables
- A year earlier
- 2.6%
- Feb 2020 · now ▲ 0.5 pts
- Last 12 months
- 3.1% – 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.