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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
₹14,143 Cr
up ₹723 Cr vs Mar 2023
- Stocks held
- 86
Nippon India Growth Mid Cap Fund is an active equity fund in the Mid Cap category from Nippon India Mutual Fund. In April 2023 it disclosed 86 stocks worth ₹14,143 Cr, up ₹723 Cr from Mar 2023. Its largest positions were AU Small Finance Bank Limited (3.5%), Varun Beverages Limited (3.2%), Cholamandalam Financial Holdings Limited (3.0%); the ten largest together made up 26.0% of the portfolio, and Finance was the biggest sector at 12.2% of its equity. Cash and debt stood at 4.6%. Compared with Mar 2023 the fund entered 0 new stocks and exited 1.
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
69%
Holds more cash than 69% of peers
What these mean: concentration · cash
Holdings in April 2023
Download CSVEvery line the fund disclosed, with the change against Mar 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 | 4.56% | up 2.22 pts | ₹645 Cr | up ₹330 Cr | Added |
| AU Small Finance Bank Limited | 3.49% | up 0.28 pts | ₹494 Cr | up ₹62.9 Cr | Added |
| Varun Beverages Limited | 3.15% | down 0.59 pts | ₹446 Cr | down ₹56.8 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.99% | up 0.16 pts | ₹423 Cr | up ₹43.4 Cr | Added |
| Power Finance Corporation Limited | 2.86% | up 0.17 pts | ₹405 Cr | up ₹43.2 Cr | Added |
| Persistent Systems Limited | 2.37% | down 0.06 pts | ₹335 Cr | up ₹9 Cr | Added |
| Supreme Industries Limited | 2.32% | up 0.06 pts | ₹328 Cr | up ₹25.1 Cr | Added |
| Dalmia Bharat Limited | 2.31% | down 0.09 pts | ₹326 Cr | up ₹4.6 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 2.29% | up 0.13 pts | ₹324 Cr | up ₹34.2 Cr | Added |
| Max Financial Services Limited | 2.25% | down 0.10 pts | ₹318 Cr | up ₹2.4 Cr | Added |
| The Federal Bank Limited | 2.01% | down 0.07 pts | ₹285 Cr | up ₹5.6 Cr | Added |
| Devyani International Limited | 1.89% | up 0.11 pts | ₹268 Cr | up ₹27.8 Cr | Added |
| NTPC Limited | 1.84% | down 0.13 pts | ₹261 Cr | down ₹4.7 Cr | Trimmed |
| Navin Fluorine International Limited | 1.78% | up 0.13 pts | ₹252 Cr | up ₹30.1 Cr | Added |
| Alkem Laboratories Limited | 1.71% | down 0.03 pts | ₹242 Cr | up ₹7.8 Cr | Added |
| Aditya Birla Fashion and Retail Limited | 1.65% | down 0.02 pts | ₹233 Cr | up ₹8.7 Cr | Added |
| Fortis Healthcare Limited | 1.65% | down 0.08 pts | ₹233 Cr | up ₹81 L | Held |
| Angel One Limited | 1.51% | up 0.01 pts | ₹213 Cr | up ₹11.6 Cr | Added |
| The Indian Hotels Company Limited | 1.44% | down 0.01 pts | ₹203 Cr | up ₹8.8 Cr | Added |
| IPCA Laboratories Limited | 1.43% | down 0.29 pts | ₹202 Cr | down ₹28.5 Cr | Trimmed |
| Steel Authority of India Limited | 1.41% | down 0.07 pts | ₹200 Cr | up ₹24 L | Held |
| Dr. Reddy's Laboratories Limited | 1.39% | up 0.02 pts | ₹197 Cr | up ₹12.3 Cr | Added |
| Axis Bank Limited | 1.38% | down 0.07 pts | ₹195 Cr | up ₹34 L | Held |
| Polycab India Limited | 1.36% | up 0.07 pts | ₹193 Cr | up ₹19.6 Cr | Added |
| Voltas Limited | 1.36% | down 0.11 pts | ₹192 Cr | down ₹4.6 Cr | Trimmed |
| Tube Investments of India Limited | 1.34% | down 0.05 pts | ₹190 Cr | up ₹3.1 Cr | Added |
| Trent Limited | 1.33% | down 0.08 pts | ₹188 Cr | down ₹99 L | Trimmed |
| Prestige Estates Projects Limited | 1.29% | up 0.17 pts | ₹183 Cr | up ₹32.6 Cr | Added |
| Zee Entertainment Enterprises Limited | 1.25% | down 0.17 pts | ₹177 Cr | down ₹14 Cr | Trimmed |
| InterGlobe Aviation Limited | 1.24% | up <0.01 pts | ₹176 Cr | up ₹9.6 Cr | Added |
| Bank of Baroda | 1.23% | up 0.06 pts | ₹174 Cr | up ₹17.5 Cr | Added |
| Indraprastha Gas Limited | 1.21% | up 0.11 pts | ₹171 Cr | up ₹23 Cr | Added |
| Infosys Limited | 1.20% | down 0.24 pts | ₹170 Cr | down ₹23.8 Cr | Trimmed |
| Max Healthcare Institute Limited | 1.20% | down 0.01 pts | ₹170 Cr | up ₹7 Cr | Added |
| LIC Housing Finance Limited | 1.20% | down 0.01 pts | ₹170 Cr | up ₹7.6 Cr | Added |
| Bharat Electronics Limited | 1.19% | up 0.01 pts | ₹168 Cr | up ₹9.3 Cr | Added |
| Eternal Limited | 1.18% | up 0.20 pts | ₹167 Cr | up ₹35.7 Cr | Added |
| Hindustan Petroleum Corporation Limited | 1.15% | up 0.01 pts | ₹163 Cr | up ₹9.4 Cr | Added |
| Cummins India Limited | 1.11% | down 0.10 pts | ₹158 Cr | down ₹5.4 Cr | Trimmed |
| Container Corporation of India Limited | 1.11% | up <0.01 pts | ₹158 Cr | up ₹8.1 Cr | Added |
| Bata India Limited | 1.09% | down 0.01 pts | ₹154 Cr | up ₹5.9 Cr | Added |
| Tata Chemicals Limited | 1.05% | down 0.08 pts | ₹149 Cr | down ₹3.1 Cr | Trimmed |
| Lupin Limited | 1.01% | up 0.04 pts | ₹142 Cr | up ₹12.3 Cr | Added |
| Poonawalla Fincorp Limited | 0.96% | up 0.04 pts | ₹136 Cr | up ₹12.9 Cr | Added |
| 3M India Limited | 0.96% | down 0.07 pts | ₹135 Cr | down ₹2.5 Cr | Trimmed |
| United Breweries Limited | 0.94% | down 0.01 pts | ₹133 Cr | up ₹5 Cr | Added |
| Sona BLW Precision Forgings Limited | 0.90% | up 0.08 pts | ₹127 Cr | up ₹17.6 Cr | Added |
| Timken India Limited | 0.90% | up 0.02 pts | ₹127 Cr | up ₹9.7 Cr | Added |
| Sanofi India Limited | 0.89% | down 0.08 pts | ₹126 Cr | down ₹3.7 Cr | Trimmed |
| Piramal Enterprises Limited | 0.87% | up 0.06 pts | ₹123 Cr | up ₹14.1 Cr | Added |
What changed, Mar 2023 to Apr 2023
New New positions (0)
None.
Exited Exited (1)
- CreditAccess Grameen Limitedwas 0.1% · ₹11.7 Cr
Added Biggest additions
- AU Small Finance Bank Limitedup ₹62.9 Cr (+0.28% pts)
- Endurance Technologies Limitedup ₹57.4 Cr (+0.39% pts)
- Cholamandalam Financial Holdings Limitedup ₹43.4 Cr (+0.16% pts)
- Power Finance Corporation Limitedup ₹43.2 Cr (+0.17% 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 Mar 2023, the weight rose most in Auto Components (+0.5 pts) and Finance (+0.4 pts), and fell most in Beverages (−0.6 pts) and Consumer Durables (−0.4 pts).
- Auto Components2.8% → 3.3%+0.5 pts
- Finance11.8% → 12.2%+0.4 pts
- Banks8.8% → 9.1%+0.4 pts
- Realty2.0% → 2.2%+0.2 pts
- Retailing4.2% → 4.4%+0.2 pts
- Industrial Products5.8% → 6.0%+0.1 pts
- Beverages5.4% → 4.8%−0.6 pts
- Consumer Durables5.5% → 5.1%−0.4 pts
- IT - Software5.8% → 5.5%−0.3 pts
- Pharmaceuticals & Biotechnology8.4% → 8.2%−0.2 pts
- Cement & Cement Products3.7% → 3.5%−0.2 pts
- Entertainment1.5% → 1.3%−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 | Apr 2020 | Apr 2022 | Oct 2022 | Jan 2023 | Mar 2023 | Apr 2023 |
|---|---|---|---|---|---|---|
| Finance | 10.9% | 10.1% | 10.3% | 12.0% | 11.8% | 12.2% |
| Banks | 2.9% | 8.2% | 8.0% | 9.0% | 8.8% | 9.1% |
| Pharmaceuticals & Biotechnology | 15.4% | 5.8% | 8.2% | 8.2% | 8.4% | 8.2% |
| Industrial Products | 2.1% | 2.4% | 3.6% | 4.8% | 5.8% | 6.0% |
| IT - Software | 0.6% | 5.7% | 7.1% | 7.6% | 5.8% | 5.5% |
| Consumer Durables | 4.7% | 6.5% | 5.2% | 5.3% | 5.5% | 5.1% |
| Beverages | 5.5% | 5.7% | 5.9% | 4.8% | 5.4% | 4.8% |
| Retailing | 5.0% | 4.5% | 4.8% | 4.3% | 4.2% | 4.4% |
| Leisure Services | 0.9% | 4.3% | 4.2% | 3.3% | 3.8% | 4.0% |
| Chemicals & Petrochemicals | 2.7% | 5.7% | 4.3% | 3.6% | 3.7% | 3.8% |
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, Apr 2023
4.6%
▲ 2.2 pts vs Mar 2023
- Cash alone
- 4.6%
- cash and net receivables
- A year earlier
- 4.2%
- Apr 2022 · now ▲ 0.3 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.