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Mid Cap · Nippon India Mutual Fund · AMFI code 100375Nippon India Growth Mid Cap Fund
Disclosed for 84 months, Sep 2019 to Aug 2026.Published as: Nippon India Growth Mid Cap Fund (Mid Cap Fund- An open ended equity scheme predominantly investing in mid cap stocks)
Portfolio value
₹13,410 Cr
down ₹82.4 Cr vs Jan 2023
- Stocks held
- 88
Nippon India Growth Mid Cap Fund is an active equity fund in the Mid Cap category from Nippon India Mutual Fund. In February 2023 it disclosed 88 stocks worth ₹13,410 Cr, down ₹82.4 Cr from Jan 2023. Its largest positions were Varun Beverages Limited (3.5%), AU Small Finance Bank Limited (3.3%), Cholamandalam Financial Holdings Limited (3.0%); the ten largest together made up 26.6% of the portfolio, and Finance was the biggest sector at 12.0% of its equity. Cash and debt stood at 3.5%. Compared with Jan 2023 the fund entered 0 new stocks and exited 1.
Against 32 other Mid Cap funds
Concentration
47%
Top-10 weight is higher than 47% of peers
Breadth
88%
Holds more stocks than 88% of peers
Cash
66%
Holds more cash than 66% of peers
What these mean: concentration · cash
Holdings in February 2023
Download CSVEvery line the fund disclosed, with the change against Jan 2023. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Varun Beverages Limited | 3.52% | up 0.44 pts | ₹471 Cr | up ₹56 Cr | Added |
| Cash, TREPS & receivables | 3.47% | up 0.98 pts | ₹465 Cr | up ₹130 Cr | Added |
| AU Small Finance Bank Limited | 3.29% | down 0.12 pts | ₹441 Cr | down ₹19.3 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.99% | down 0.09 pts | ₹401 Cr | down ₹14.6 Cr | Trimmed |
| Power Finance Corporation Limited | 2.58% | up 0.09 pts | ₹346 Cr | up ₹9.4 Cr | Added |
| Max Financial Services Limited | 2.57% | down 0.51 pts | ₹345 Cr | down ₹71.3 Cr | Trimmed |
| Persistent Systems Limited | 2.53% | up 0.07 pts | ₹339 Cr | up ₹7.5 Cr | Added |
| Supreme Industries Limited | 2.48% | up 0.22 pts | ₹333 Cr | up ₹28 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 2.35% | up 0.19 pts | ₹315 Cr | up ₹23.8 Cr | Added |
| Dalmia Bharat Limited | 2.24% | up 0.09 pts | ₹300 Cr | up ₹10.8 Cr | Added |
| The Federal Bank Limited | 2.03% | down 0.07 pts | ₹273 Cr | down ₹11.2 Cr | Trimmed |
| NTPC Limited | 1.93% | up <0.01 pts | ₹258 Cr | down ₹99 L | Held |
| Devyani International Limited | 1.89% | down 0.01 pts | ₹253 Cr | down ₹3.4 Cr | Trimmed |
| Aditya Birla Fashion and Retail Limited | 1.80% | down 0.20 pts | ₹241 Cr | down ₹28.3 Cr | Trimmed |
| Fortis Healthcare Limited | 1.78% | down 0.08 pts | ₹239 Cr | down ₹12.9 Cr | Trimmed |
| IPCA Laboratories Limited | 1.71% | down 0.08 pts | ₹230 Cr | down ₹11.9 Cr | Trimmed |
| Alkem Laboratories Limited | 1.63% | up 0.09 pts | ₹219 Cr | up ₹11.3 Cr | Added |
| Navin Fluorine International Limited | 1.60% | up 0.08 pts | ₹215 Cr | up ₹9.5 Cr | Added |
| Voltas Limited | 1.60% | up 0.17 pts | ₹214 Cr | up ₹21.4 Cr | Added |
| Tube Investments of India Limited | 1.52% | up 0.10 pts | ₹204 Cr | up ₹11.9 Cr | Added |
| Infosys Limited | 1.51% | down 0.04 pts | ₹202 Cr | down ₹6.3 Cr | Trimmed |
| Steel Authority of India Limited | 1.49% | down 0.13 pts | ₹199 Cr | down ₹18.9 Cr | Trimmed |
| Axis Bank Limited | 1.43% | down 0.04 pts | ₹192 Cr | down ₹6.2 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.39% | up 0.05 pts | ₹186 Cr | up ₹5.8 Cr | Added |
| Polycab India Limited | 1.38% | up 0.08 pts | ₹186 Cr | up ₹9.6 Cr | Added |
| Angel One Limited | 1.32% | down 0.26 pts | ₹177 Cr | down ₹36 Cr | Trimmed |
| Zee Entertainment Enterprises Limited | 1.31% | up <0.01 pts | ₹176 Cr | down ₹86 L | Held |
| Trent Limited | 1.31% | up 0.09 pts | ₹176 Cr | up ₹11.2 Cr | Added |
| LIC Housing Finance Limited | 1.29% | down 0.18 pts | ₹173 Cr | down ₹25 Cr | Trimmed |
| Dr. Reddy's Laboratories Limited | 1.29% | up 0.01 pts | ₹173 Cr | down ₹30 L | Held |
| InterGlobe Aviation Limited | 1.20% | down 0.17 pts | ₹161 Cr | down ₹23.3 Cr | Trimmed |
| Max Healthcare Institute Limited | 1.18% | down 0.04 pts | ₹158 Cr | down ₹5.8 Cr | Trimmed |
| Cummins India Limited | 1.17% | up 0.11 pts | ₹157 Cr | up ₹13.4 Cr | Added |
| Bharat Electronics Limited | 1.15% | up <0.01 pts | ₹154 Cr | down ₹57 L | Held |
| Tata Chemicals Limited | 1.14% | up 0.01 pts | ₹152 Cr | up ₹25 L | Held |
| Indraprastha Gas Limited | 1.13% | up 0.04 pts | ₹151 Cr | up ₹4.6 Cr | Added |
| Prestige Estates Projects Limited | 1.13% | down 0.03 pts | ₹151 Cr | down ₹4.9 Cr | Trimmed |
| Bata India Limited | 1.10% | down 0.08 pts | ₹147 Cr | down ₹12.3 Cr | Trimmed |
| Bank of Baroda | 1.10% | down 0.05 pts | ₹147 Cr | down ₹8.2 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 1.04% | down 0.10 pts | ₹140 Cr | down ₹14.7 Cr | Trimmed |
| 3M India Limited | 1.02% | up 0.25 pts | ₹137 Cr | up ₹32.3 Cr | Added |
| Eternal Limited | 1.02% | up 0.08 pts | ₹137 Cr | up ₹9.6 Cr | Added |
| Container Corporation of India Limited | 1.00% | down 0.06 pts | ₹134 Cr | down ₹8.6 Cr | Trimmed |
| Sanofi India Limited | 0.99% | up 0.06 pts | ₹133 Cr | up ₹7.8 Cr | Added |
| Lupin Limited | 0.99% | down 0.11 pts | ₹132 Cr | down ₹15.7 Cr | Trimmed |
| Tech Mahindra Limited | 0.98% | down 0.49 pts | ₹132 Cr | down ₹66.4 Cr | Trimmed |
| United Breweries Limited | 0.97% | down 0.09 pts | ₹130 Cr | down ₹13.1 Cr | Trimmed |
| Crompton Greaves Consumer Electricals Limited | 0.91% | down 0.08 pts | ₹123 Cr | down ₹10.9 Cr | Trimmed |
| Poonawalla Fincorp Limited | 0.91% | up 0.20 pts | ₹121 Cr | up ₹26.6 Cr | Added |
| Sona BLW Precision Forgings Limited | 0.88% | up <0.01 pts | ₹119 Cr | down ₹50 L | Held |
What changed, Jan 2023 to Feb 2023
New New positions (0)
None.
Exited Exited (1)
- Mahindra & Mahindra Limitedwas 0.1% · ₹6.9 Cr
Added Biggest additions
- Varun Beverages Limitedup ₹56 Cr (+0.44% pts)
- 3M India Limitedup ₹32.3 Cr (+0.25% pts)
- Supreme Industries Limitedup ₹28 Cr (+0.22% pts)
- Poonawalla Fincorp Limitedup ₹26.6 Cr (+0.20% 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 2023, the weight rose most in Industrial Products (+0.6 pts) and Beverages (+0.4 pts), and fell most in Insurance (−0.5 pts) and IT - Software (−0.4 pts).
- Industrial Products4.8% → 5.5%+0.6 pts
- Beverages4.8% → 5.2%+0.4 pts
- Diversified0.8% → 1.1%+0.3 pts
- Consumer Durables5.3% → 5.5%+0.2 pts
- Cement & Cement Products3.3% → 3.4%+0.2 pts
- Auto Components2.7% → 2.8%+0.1 pts
- Insurance3.2% → 2.7%−0.5 pts
- IT - Software7.6% → 7.2%−0.4 pts
- Industrial Manufacturing0.3% → <0.1%−0.3 pts
- Transport Services2.5% → 2.3%−0.2 pts
- Banks9.0% → 8.8%−0.2 pts
- Ferrous Metals2.7% → 2.6%−0.1 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 | Feb 2022 | Aug 2022 | Nov 2022 | Jan 2023 | Feb 2023 |
|---|---|---|---|---|---|---|
| Finance | 12.2% | 7.8% | 10.7% | 10.9% | 12.0% | 12.0% |
| Banks | 12.0% | 12.0% | 10.7% | 8.8% | 9.0% | 8.8% |
| Pharmaceuticals & Biotechnology | 9.2% | 3.9% | 5.0% | 8.0% | 8.2% | 8.2% |
| IT - Software | 0.6% | 3.9% | 4.2% | 7.7% | 7.6% | 7.2% |
| Consumer Durables | 4.6% | 8.0% | 5.5% | 4.8% | 5.3% | 5.5% |
| Industrial Products | 2.3% | 2.7% | 3.3% | 3.6% | 4.8% | 5.5% |
| Beverages | 6.5% | 6.7% | 5.8% | 6.3% | 4.8% | 5.2% |
| Retailing | 5.5% | 4.5% | 5.0% | 5.2% | 4.3% | 4.3% |
| Chemicals & Petrochemicals | 4.5% | 5.2% | 4.3% | 3.9% | 3.6% | 3.7% |
| Cement & Cement Products | 0.5% | 3.8% | 2.1% | 3.3% | 3.3% | 3.4% |
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 2023
3.5%
▲ 1.0 pts vs Jan 2023
- Cash alone
- 3.4%
- cash and net receivables
- A year earlier
- 5.7%
- Feb 2022 · now ▼ 2.2 pts
- Last 12 months
- 2.5% – 6.1%
- lowest to highest · record 7.9% in Sep 2019
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.