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Nippon India Focused Equity Fund
Disclosed for 20 months, Sep 2019 to Apr 2021. This scheme is no longer reporting.Published as: NIPPON INDIA FOCUSED EQUITY FUND (An Open Ended Multi Cap Equity Scheme Investing In Maximum 30 Stocks)
Portfolio value
₹3,982 Cr
down ₹296 Cr vs Jan 2020
- Stocks held
- 28
- down 1 vs Jan 2020
- Top 10 weight
- 54.4%
- of the portfolio in its ten largest
- Cash & debt
- 6.9%
- cash, money market and debt
- Moves this month
Nippon India Focused Equity Fund is an active equity fund in the Multi Cap category from Nippon India Mutual Fund. In February 2020 it disclosed 28 stocks worth ₹3,982 Cr, down ₹296 Cr from Jan 2020. Its largest positions were HDFC Bank Limited (9.7%), ICICI Bank Limited (8.0%), State Bank of India (7.1%); the ten largest together made up 54.4% of the portfolio, and Banks was the biggest sector at 33.6% of its equity. Cash and debt stood at 6.9%. Compared with Jan 2020 the fund entered 0 new stocks and exited 1.
Against 33 other Multi Cap funds
Concentration
100%
Top-10 weight is higher than 100% of peers
Breadth
3%
Holds more stocks than 3% of peers
Cash
85%
Holds more cash than 85% of peers
What these mean: concentration · cash
Holdings in February 2020
Download CSVEvery line the fund disclosed, with the change against Jan 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 | 9.70% | up 2.02 pts | ₹386 Cr | up ₹57.6 Cr | Added |
| ICICI Bank Limited | 7.96% | up 0.13 pts | ₹317 Cr | down ₹18.1 Cr | Trimmed |
| State Bank of India | 7.06% | up 0.15 pts | ₹281 Cr | down ₹14.3 Cr | Trimmed |
| Cash, TREPS & receivables | 6.86% | down 0.50 pts | ₹273 Cr | down ₹41.6 Cr | Trimmed |
| ITC Limited | 5.26% | up 0.26 pts | ₹210 Cr | down ₹4.6 Cr | Trimmed |
| GAIL (India) Limited | 5.13% | down 0.38 pts | ₹204 Cr | down ₹31.4 Cr | Trimmed |
| Reliance Industries Limited | 4.50% | up 0.54 pts | ₹179 Cr | up ₹10 Cr | Added |
| Biocon Limited | 3.97% | down 0.25 pts | ₹158 Cr | down ₹22.5 Cr | Trimmed |
| Honeywell Automation India Limited | 3.86% | up 0.69 pts | ₹154 Cr | up ₹18 Cr | Added |
| Axis Bank Limited | 3.59% | up 0.09 pts | ₹143 Cr | down ₹6.6 Cr | Trimmed |
| HCL Technologies Limited | 3.36% | down 0.10 pts | ₹134 Cr | down ₹14.3 Cr | Trimmed |
| The Federal Bank Limited | 2.96% | up 0.03 pts | ₹118 Cr | down ₹7.5 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.76% | up 0.02 pts | ₹110 Cr | down ₹7.3 Cr | Trimmed |
| Varun Beverages Limited | 2.75% | up 0.33 pts | ₹109 Cr | up ₹5.8 Cr | Added |
| Samvardhana Motherson International Limited | 2.71% | down 0.16 pts | ₹108 Cr | down ₹14.9 Cr | Trimmed |
| Indian Railway Catering And Tourism Corporation Limited | 2.67% | down 0.18 pts | ₹106 Cr | down ₹15.7 Cr | Trimmed |
| Dixon Technologies (India) Limited | 2.61% | down 0.34 pts | ₹104 Cr | down ₹22.4 Cr | Trimmed |
| Page Industries Limited | 2.56% | down 0.07 pts | ₹102 Cr | down ₹10.6 Cr | Trimmed |
| United Breweries Limited | 2.52% | up 0.14 pts | ₹100 Cr | down ₹1.5 Cr | Trimmed |
| Max Financial Services Limited | 2.46% | up 0.10 pts | ₹98.1 Cr | down ₹3.1 Cr | Trimmed |
| GE Power India Limited | 2.46% | up 0.21 pts | ₹98 Cr | up ₹1.8 Cr | Added |
| Ashok Leyland Limited | 2.36% | up 0.07 pts | ₹94.1 Cr | down ₹3.9 Cr | Trimmed |
| Container Corporation of India Limited | 2.35% | down 0.08 pts | ₹93.7 Cr | down ₹10.5 Cr | Trimmed |
| Tata Motors Limited | 1.93% | down 0.53 pts | ₹77 Cr | down ₹28.5 Cr | Trimmed |
| NCC Limited | 1.55% | down 0.54 pts | ₹61.8 Cr | down ₹27.8 Cr | Trimmed |
| Syngene International Limited | 1.30% | up 0.03 pts | ₹51.7 Cr | down ₹2.3 Cr | Trimmed |
| Sterling And Wilson Renewable Energy Limited | 1.21% | down 0.43 pts | ₹48.1 Cr | down ₹22 Cr | Trimmed |
| Quess Corp Limited | 0.94% | down 0.12 pts | ₹37.3 Cr | down ₹8.1 Cr | Trimmed |
| Thomas Cook (India) Limited | 0.62% | down 0.07 pts | ₹24.5 Cr | down ₹4.8 Cr | Trimmed |
What changed, Jan 2020 to Feb 2020
New New positions (0)
None.
Exited Exited (1)
- The India Cements Limitedwas 1.0% · ₹44.7 Cr
Added Biggest additions
- HDFC Bank Limitedup ₹57.6 Cr (+2.02% pts)
- Honeywell Automation India Limitedup ₹18 Cr (+0.69% pts)
- Reliance Industries Limitedup ₹10 Cr (+0.54% pts)
- Varun Beverages Limitedup ₹5.8 Cr (+0.33% 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 2020, the weight rose most in Banks (+2.4 pts) and Industrial Manufacturing (+0.7 pts), and fell most in Cement & Cement Products (−1.1 pts) and Construction (−1.1 pts).
- Banks31.1% → 33.6%+2.4 pts
- Industrial Manufacturing3.4% → 4.1%+0.7 pts
- Petroleum Products4.3% → 4.8%+0.6 pts
- Beverages5.2% → 5.7%+0.5 pts
- Diversified FMCG5.4% → 5.7%+0.2 pts
- Industrial Capital Goods2.4% → 2.6%+0.2 pts
- Cement & Cement Products1.1% → 0.0%exited−1.1 pts
- Construction4.0% → 3.0%−1.1 pts
- Automobiles2.7% → 2.1%−0.6 pts
- Gas5.9% → 5.5%−0.4 pts
- Consumer Durables3.2% → 2.8%−0.4 pts
- Pharmaceuticals & Biotechnology4.6% → 4.3%−0.3 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 | Jan 2020 | Feb 2020 |
|---|---|---|---|
| Banks | 30.3% | 31.1% | 33.6% |
| Beverages | 4.8% | 5.2% | 5.7% |
| Diversified FMCG | 5.8% | 5.4% | 5.7% |
| Gas | 6.1% | 5.9% | 5.5% |
| Petroleum Products | 2.7% | 4.3% | 4.8% |
| Pharmaceuticals & Biotechnology | 4.5% | 4.6% | 4.3% |
| Industrial Manufacturing | 3.3% | 3.4% | 4.1% |
| IT - Software | 8.8% | 3.7% | 3.6% |
| Leisure Services | 3.9% | 3.8% | 3.5% |
| Finance | 2.6% | 3.0% | 3.0% |
Allocation in Feb 2020change vs Jan 2020
- Banks (5)33.6%▲ 2.4 pts
- Beverages (2)5.7%▲ 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, Feb 2020
6.9%
▼ 0.5 pts vs Jan 2020
- Cash alone
- 6.9%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 4.3% – 7.4%
- lowest to highest · record 7.4% in Jan 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.