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Focused · Nippon India Mutual Fund · AMFI code 104637Nippon India Focused Fund
Disclosed for 64 months, May 2021 to Aug 2026.Published as: Nippon India Focused Fund (An Open Ended Multi Cap Equity Scheme Investing In Maximum 30 Stocks)
Portfolio value
₹7,780 Cr
down ₹38.7 Cr vs Dec 2023
- Stocks held
- 29
- unchanged
- Top 10 weight
- 54.1%
- of the portfolio in its ten largest
Nippon India Focused Fund is an active equity fund in the Focused category from Nippon India Mutual Fund. In January 2024 it disclosed 29 stocks worth ₹7,780 Cr, down ₹38.7 Cr from Dec 2023. Its largest positions were HDFC Bank Limited (7.9%), ICICI Bank Limited (7.5%), Axis Bank Limited (6.7%); the ten largest together made up 54.1% of the portfolio, and Banks was the biggest sector at 29.8% of its equity. Cash and debt stood at 8.0%. Compared with Dec 2023 the fund entered 1 new stock and exited 1.
Against 23 other Focused funds
Concentration
78%
Top-10 weight is higher than 78% of peers
Breadth
35%
Holds more stocks than 35% of peers
Cash
74%
Holds more cash than 74% of peers
What these mean: concentration · cash
Holdings in January 2024
Download CSVEvery line the fund disclosed, with the change against Dec 2023. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cash, TREPS & receivables | 7.99% | up 2.82 pts | ₹622 Cr | up ₹217 Cr | Added |
| HDFC Bank Limited | 7.92% | down 1.73 pts | ₹616 Cr | down ₹138 Cr | Trimmed |
| ICICI Bank Limited | 7.55% | up 0.27 pts | ₹587 Cr | up ₹18 Cr | Added |
| Axis Bank Limited | 6.70% | down 0.18 pts | ₹521 Cr | down ₹16.9 Cr | Trimmed |
| Infosys Limited | 6.28% | up 0.48 pts | ₹489 Cr | up ₹34.7 Cr | Added |
| State Bank of India | 5.26% | up 0.01 pts | ₹409 Cr | down ₹99 L | Held |
| ITC Limited | 4.59% | down 0.19 pts | ₹357 Cr | down ₹16.6 Cr | Trimmed |
| Reliance Industries Limited | 4.56% | up 0.45 pts | ₹355 Cr | up ₹33.4 Cr | Added |
| 3M India Limited | 3.81% | down 0.30 pts | ₹296 Cr | down ₹25 Cr | Trimmed |
| SBI Cards and Payment Services Limited | 3.77% | up 0.08 pts | ₹293 Cr | up ₹4.6 Cr | Added |
| Hero MotoCorp Limited | 3.65% | down 0.27 pts | ₹284 Cr | down ₹22.2 Cr | Trimmed |
| Affle (India) Limited | 3.31% | down 0.16 pts | ₹257 Cr | down ₹13.5 Cr | Trimmed |
| Honeywell Automation India Limited | 3.26% | up 0.17 pts | ₹254 Cr | up ₹12.1 Cr | Added |
| Varroc Engineering Limited | 2.86% | up 0.03 pts | ₹222 Cr | up ₹1.1 Cr | Held |
| Thomas Cook (India) Limited | 2.68% | up 0.58 pts | ₹209 Cr | up ₹44.7 Cr | Added |
| Bharat Forge Limited | 2.59% | down 0.07 pts | ₹202 Cr | down ₹6.7 Cr | Trimmed |
| Restaurant Brands Asia Limited | 2.37% | up 0.14 pts | ₹184 Cr | up ₹10.3 Cr | Added |
| Tech Mahindra Limited | 2.20% | up 0.11 pts | ₹171 Cr | up ₹7.8 Cr | Added |
| Sterling And Wilson Renewable Energy Limited | 2.13% | up 0.51 pts | ₹166 Cr | up ₹39.2 Cr | Added |
| FSN E-Commerce Ventures Limited | 2.10% | down 0.13 pts | ₹163 Cr | down ₹10.7 Cr | Trimmed |
| Sapphire Foods India Limited | 1.98% | up 0.05 pts | ₹154 Cr | up ₹3.1 Cr | Added |
| Coal India Limited | 1.95% | up 0.15 pts | ₹152 Cr | up ₹11.3 Cr | Added |
| MedPlus Health Services Limited | 1.93% | down 0.08 pts | ₹150 Cr | down ₹7.2 Cr | Trimmed |
| Container Corporation of India Limited | 1.87% | up 0.07 pts | ₹146 Cr | up ₹4.6 Cr | Added |
| Cholamandalam Financial Holdings Limited | 1.75% | up 0.21 pts | ₹136 Cr | up ₹16.1 Cr | Added |
| Bharat Heavy Electricals Limited | 1.47% | down 0.38 pts | ₹115 Cr | down ₹30.5 Cr | Trimmed |
| Angel One Limited | 1.43% | down 0.08 pts | ₹111 Cr | down ₹6.8 Cr | Trimmed |
| PVR Limited | 1.35% | down 0.18 pts | ₹105 Cr | down ₹14.7 Cr | Trimmed |
| Zee Entertainment Enterprises Limited | 0.38% | down 1.98 pts | ₹29.5 Cr | down ₹155 Cr | Trimmed |
| Grasim Industries Limited- Partly Paid up | 0.31% | up 0.31 pts | ₹24 Cr | up ₹24 Cr | New |
What changed, Dec 2023 to Jan 2024
New New positions (1)
- Grasim Industries Limited- Partly Paid up0.3% · ₹24 Cr
Exited Exited (1)
- IFB Industries Limitedwas 0.7% · ₹56.5 Cr
Added Biggest additions
- Thomas Cook (India) Limitedup ₹44.7 Cr (+0.58% pts)
- Sterling And Wilson Renewable Energy Limitedup ₹39.2 Cr (+0.51% pts)
- Infosys Limitedup ₹34.7 Cr (+0.48% 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 2023, the weight rose most in Leisure Services (+1.0 pts) and IT - Software (+0.9 pts), and fell most in Entertainment (−2.2 pts) and Banks (−0.8 pts).
- Leisure Services6.6% → 7.6%+1.0 pts
- IT - Software8.3% → 9.2%+0.9 pts
- Petroleum Products4.3% → 5.0%+0.6 pts
- Construction1.7% → 2.3%+0.6 pts
- Finance5.5% → 6.0%+0.5 pts
- Cement & Cement Products0.0% → 0.3%new+0.3 pts
- Entertainment4.1% → 1.9%−2.2 pts
- Banks30.6% → 29.8%−0.8 pts
- Consumer Durables0.8% → 0.0%exited−0.8 pts
- Electrical Equipment2.0% → 1.6%−0.4 pts
- Diversified4.3% → 4.1%−0.2 pts
- Automobiles4.1% → 4.0%−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 | Jan 2023 | Jul 2023 | Oct 2023 | Dec 2023 | Jan 2024 |
|---|---|---|---|---|---|
| Banks | 22.4% | 26.5% | 28.2% | 30.6% | 29.8% |
| IT - Software | 7.9% | 8.4% | 8.5% | 8.3% | 9.2% |
| Leisure Services | 6.3% | 6.5% | 7.8% | 6.6% | 7.6% |
| Finance | 11.0% | 6.8% | 5.9% | 5.5% | 6.0% |
| Diversified FMCG | 4.5% | 3.6% | 5.4% | 5.0% | 5.0% |
| Petroleum Products | 4.5% | 2.9% | 4.4% | 4.3% | 5.0% |
| Retailing | 2.7% | 3.1% | 4.7% | 4.5% | 4.4% |
| Diversified | 2.9% | 3.9% | 4.0% | 4.3% | 4.1% |
| Automobiles | 2.0% | 2.7% | 3.7% | 4.1% | 4.0% |
| IT - Services | 3.2% | 3.4% | 3.4% | 3.7% | 3.6% |
Allocation in Jan 2024change vs Dec 2023
- Banks (4)29.8%▼ 0.8 pts
- IT - Software (2)9.2%
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 2024
8.0%
▲ 2.8 pts vs Dec 2023
- Cash alone
- 8.0%
- cash and net receivables
- A year earlier
- 8.5%
- Jan 2023 · now ▼ 0.5 pts
- Last 12 months
- 3.6% – 9.0%
- lowest to highest · record 10.5% in Nov 2022
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.