Loading…
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
₹13,420 Cr
up ₹10.8 Cr vs Feb 2023
- Stocks held
- 87
Nippon India Growth Mid Cap Fund is an active equity fund in the Mid Cap category from Nippon India Mutual Fund. In March 2023 it disclosed 87 stocks worth ₹13,420 Cr, up ₹10.8 Cr from Feb 2023. Its largest positions were Varun Beverages Limited (3.7%), AU Small Finance Bank Limited (3.2%), Cholamandalam Financial Holdings Limited (2.8%); the ten largest together made up 26.2% of the portfolio, and Finance was the biggest sector at 11.8% of its equity. Cash and debt stood at 2.3%. Compared with Feb 2023 the fund entered 1 new stock and exited 2.
Against 32 other Mid Cap funds
Concentration
44%
Top-10 weight is higher than 44% of peers
Breadth
88%
Holds more stocks than 88% of peers
Cash
41%
Holds more cash than 41% of peers
What these mean: concentration · cash
Holdings in March 2023
Download CSVEvery line the fund disclosed, with the change against Feb 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 | 3.75% | up 0.23 pts | ₹503 Cr | up ₹31.3 Cr | Added |
| AU Small Finance Bank Limited | 3.21% | down 0.08 pts | ₹431 Cr | down ₹10.2 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.83% | down 0.16 pts | ₹379 Cr | down ₹21.1 Cr | Trimmed |
| Power Finance Corporation Limited | 2.69% | up 0.11 pts | ₹361 Cr | up ₹15.1 Cr | Added |
| Persistent Systems Limited | 2.43% | down 0.10 pts | ₹326 Cr | down ₹13 Cr | Trimmed |
| Dalmia Bharat Limited | 2.40% | up 0.16 pts | ₹322 Cr | up ₹22 Cr | Added |
| Max Financial Services Limited | 2.36% | down 0.22 pts | ₹316 Cr | down ₹28.6 Cr | Trimmed |
| Cash, TREPS & receivables | 2.34% | down 1.12 pts | ₹315 Cr | down ₹150 Cr | Trimmed |
| Supreme Industries Limited | 2.26% | down 0.22 pts | ₹303 Cr | down ₹29.9 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 2.16% | down 0.19 pts | ₹290 Cr | down ₹25.2 Cr | Trimmed |
| The Federal Bank Limited | 2.08% | up 0.05 pts | ₹279 Cr | up ₹6.6 Cr | Added |
| NTPC Limited | 1.98% | up 0.05 pts | ₹265 Cr | up ₹7 Cr | Added |
| Devyani International Limited | 1.79% | down 0.10 pts | ₹240 Cr | down ₹12.9 Cr | Trimmed |
| Alkem Laboratories Limited | 1.74% | up 0.11 pts | ₹234 Cr | up ₹15.2 Cr | Added |
| Fortis Healthcare Limited | 1.73% | down 0.05 pts | ₹233 Cr | down ₹6.6 Cr | Trimmed |
| IPCA Laboratories Limited | 1.72% | up <0.01 pts | ₹230 Cr | up ₹68 L | Held |
| Aditya Birla Fashion and Retail Limited | 1.67% | down 0.12 pts | ₹225 Cr | down ₹16.1 Cr | Trimmed |
| Navin Fluorine International Limited | 1.65% | up 0.05 pts | ₹222 Cr | up ₹7.4 Cr | Added |
| Angel One Limited | 1.50% | up 0.18 pts | ₹201 Cr | up ₹24.8 Cr | Added |
| Steel Authority of India Limited | 1.49% | down <0.01 pts | ₹199 Cr | down ₹12 L | Held |
| Voltas Limited | 1.46% | down 0.13 pts | ₹196 Cr | down ₹17.7 Cr | Trimmed |
| Axis Bank Limited | 1.45% | up 0.02 pts | ₹195 Cr | up ₹3.3 Cr | Added |
| The Indian Hotels Company Limited | 1.45% | up 0.06 pts | ₹195 Cr | up ₹8.2 Cr | Added |
| Infosys Limited | 1.45% | down 0.06 pts | ₹194 Cr | down ₹8.1 Cr | Trimmed |
| Zee Entertainment Enterprises Limited | 1.42% | up 0.11 pts | ₹191 Cr | up ₹15 Cr | Added |
| Trent Limited | 1.41% | up 0.10 pts | ₹189 Cr | up ₹13.3 Cr | Added |
| Tube Investments of India Limited | 1.39% | down 0.12 pts | ₹187 Cr | down ₹16.5 Cr | Trimmed |
| Dr. Reddy's Laboratories Limited | 1.38% | up 0.09 pts | ₹185 Cr | up ₹12.2 Cr | Added |
| Polycab India Limited | 1.29% | down 0.09 pts | ₹173 Cr | down ₹12.1 Cr | Trimmed |
| InterGlobe Aviation Limited | 1.24% | up 0.03 pts | ₹166 Cr | up ₹4.7 Cr | Added |
| Max Healthcare Institute Limited | 1.22% | up 0.04 pts | ₹163 Cr | up ₹5.5 Cr | Added |
| Cummins India Limited | 1.21% | up 0.04 pts | ₹163 Cr | up ₹6 Cr | Added |
| LIC Housing Finance Limited | 1.21% | down 0.08 pts | ₹162 Cr | down ₹10.7 Cr | Trimmed |
| Bharat Electronics Limited | 1.18% | up 0.03 pts | ₹158 Cr | up ₹4.8 Cr | Added |
| Bank of Baroda | 1.16% | up 0.07 pts | ₹156 Cr | up ₹9.1 Cr | Added |
| Hindustan Petroleum Corporation Limited | 1.15% | up 0.10 pts | ₹154 Cr | up ₹14 Cr | Added |
| Tata Chemicals Limited | 1.13% | down <0.01 pts | ₹152 Cr | down ₹40 L | Held |
| Prestige Estates Projects Limited | 1.12% | down 0.01 pts | ₹150 Cr | down ₹1 Cr | Trimmed |
| Reliance Liquid Fund - Treasury Plan- Direct Plan - Growth Plan Fund units | 1.12% | up 1.12 pts | ₹150 Cr | up ₹150 Cr | New |
| Container Corporation of India Limited | 1.11% | up 0.11 pts | ₹149 Cr | up ₹15.1 Cr | Added |
| Indraprastha Gas Limited | 1.10% | down 0.03 pts | ₹148 Cr | down ₹3.4 Cr | Trimmed |
| Bata India Limited | 1.10% | up <0.01 pts | ₹148 Cr | up ₹75 L | Added |
| 3M India Limited | 1.03% | up <0.01 pts | ₹138 Cr | up ₹45 L | Held |
| Eternal Limited | 0.98% | down 0.05 pts | ₹131 Cr | down ₹6.4 Cr | Trimmed |
| Lupin Limited | 0.97% | down 0.02 pts | ₹130 Cr | down ₹2.2 Cr | Trimmed |
| Sanofi India Limited | 0.97% | down 0.02 pts | ₹130 Cr | down ₹2.4 Cr | Trimmed |
| United Breweries Limited | 0.96% | down 0.02 pts | ₹128 Cr | down ₹2 Cr | Trimmed |
| Poonawalla Fincorp Limited | 0.92% | up 0.01 pts | ₹123 Cr | up ₹1.4 Cr | Added |
| Crompton Greaves Consumer Electricals Limited | 0.88% | down 0.03 pts | ₹118 Cr | down ₹4.4 Cr | Trimmed |
| Timken India Limited | 0.87% | up 0.63 pts | ₹117 Cr | up ₹85 Cr | Added |
What changed, Feb 2023 to Mar 2023
New New positions (1)
- Jubilant Foodworks Limited0.5% · ₹61.6 Cr
Exited Exited (2)
- Tech Mahindra Limitedwas 1.0% · ₹132 Cr
- Honeywell Automation India Limitedwas <0.1% · ₹2.2 Cr
Added Biggest additions
- Timken India Limitedup ₹85 Cr (+0.63% pts)
- Varun Beverages Limitedup ₹31.3 Cr (+0.23% pts)
- Dixon Technologies (India) Limited
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 Feb 2023, the weight rose most in Leisure Services (+0.4 pts) and Industrial Products (+0.4 pts), and fell most in IT - Software (−1.4 pts) and Finance (−0.3 pts).
- Leisure Services3.4% → 3.8%+0.4 pts
- Industrial Products5.5% → 5.8%+0.4 pts
- Capital Markets1.7% → 1.9%+0.2 pts
- Beverages5.2% → 5.4%+0.2 pts
- Cement & Cement Products3.4% → 3.7%+0.2 pts
- Pharmaceuticals & Biotechnology8.2% → 8.4%+0.2 pts
- IT - Software7.2% → 5.8%−1.4 pts
- Finance12.0% → 11.8%−0.3 pts
- Insurance2.7% → 2.4%−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 | Mar 2020 | Mar 2022 | Sep 2022 | Dec 2022 | Feb 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Finance | 9.1% | 9.1% | 10.1% | 11.7% | 12.0% | 11.8% |
| Banks | 6.1% | 7.8% | 8.5% | 9.9% | 8.8% | 8.8% |
| Pharmaceuticals & Biotechnology | 13.5% | 6.1% | 6.6% | 8.1% | 8.2% | 8.4% |
| Industrial Products | 1.8% | 2.4% | 3.7% | 4.0% | 5.5% | 5.8% |
| IT - Software | 0.6% | 7.3% | 5.5% | 6.7% | 7.2% | 5.8% |
| Consumer Durables | 5.1% | 6.7% | 5.6% | 4.8% | 5.5% | 5.5% |
| Beverages | 6.0% | 5.6% | 6.3% | 5.3% | 5.2% | 5.4% |
| Retailing | 6.6% | 4.8% | 5.0% | 5.0% | 4.3% | 4.2% |
| Leisure Services | 2.4% | 4.2% | 5.5% | 3.8% | 3.4% | 3.8% |
| Chemicals & Petrochemicals | 2.9% | 6.2% | 4.3% | 3.7% | 3.7% | 3.7% |
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, Mar 2023
2.3%
▼ 1.1 pts vs Feb 2023
- Cash alone
- 2.3%
- cash and net receivables
- A year earlier
- 5.1%
- Mar 2022 · now ▼ 2.7 pts
- Last 12 months
- 2.3% – 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.