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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
₹16,353 Cr
up ₹1,188 Cr vs May 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 June 2023 it disclosed 88 stocks worth ₹16,353 Cr, up ₹1,188 Cr from May 2023. Its largest positions were Cholamandalam Financial Holdings Limited (3.8%), AU Small Finance Bank Limited (3.4%), Power Finance Corporation Limited (3.1%); the ten largest together made up 26.9% of the portfolio, and Finance was the biggest sector at 13.2% of its equity. Cash and debt stood at 2.7%. Compared with May 2023 the fund entered 5 new stocks and exited 3.
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
53%
Holds more cash than 53% of peers
What these mean: concentration · cash
Holdings in June 2023
Download CSVEvery line the fund disclosed, with the change against May 2023. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cholamandalam Financial Holdings Limited | 3.83% | up 0.15 pts | ₹626 Cr | up ₹69 Cr | Added |
| AU Small Finance Bank Limited | 3.43% | down 0.38 pts | ₹560 Cr | down ₹17.3 Cr | Trimmed |
| Power Finance Corporation Limited | 3.14% | up 0.28 pts | ₹514 Cr | up ₹79.8 Cr | Added |
| Cash, TREPS & receivables | 2.66% | down 1.16 pts | ₹435 Cr | down ₹144 Cr | Trimmed |
| Varun Beverages Limited | 2.65% | down 0.48 pts | ₹433 Cr | down ₹41.1 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 2.57% | up 0.23 pts | ₹421 Cr | up ₹65.2 Cr | Added |
| Max Financial Services Limited | 2.47% | up 0.15 pts | ₹404 Cr | up ₹51.9 Cr | Added |
| Supreme Industries Limited | 2.36% | up 0.16 pts | ₹385 Cr | up ₹52.4 Cr | Added |
| Persistent Systems Limited | 2.17% | down 0.23 pts | ₹354 Cr | down ₹9 Cr | Trimmed |
| Dalmia Bharat Limited | 2.17% | down 0.13 pts | ₹354 Cr | up ₹5.9 Cr | Added |
| HDFC Bank Limited | 2.08% | up 2.08 pts | ₹340 Cr | up ₹340 Cr | New |
| Devyani International Limited | 1.91% | down 0.11 pts | ₹313 Cr | up ₹6.4 Cr | Added |
| Angel One Limited | 1.82% | up 0.28 pts | ₹298 Cr | up ₹64.6 Cr | Added |
| NTPC Limited | 1.75% | up 0.02 pts | ₹287 Cr | up ₹23.2 Cr | Added |
| Fortis Healthcare Limited | 1.72% | up 0.10 pts | ₹282 Cr | up ₹36.1 Cr | Added |
| The Federal Bank Limited | 1.63% | down 0.12 pts | ₹266 Cr | up ₹1.9 Cr | Added |
| Trent Limited | 1.48% | up 0.07 pts | ₹242 Cr | up ₹28 Cr | Added |
| Alkem Laboratories Limited | 1.48% | down 0.05 pts | ₹242 Cr | up ₹10.5 Cr | Added |
| The Indian Hotels Company Limited | 1.44% | down 0.10 pts | ₹236 Cr | up ₹1.7 Cr | Added |
| Navin Fluorine International Limited | 1.43% | down 0.17 pts | ₹234 Cr | down ₹8.5 Cr | Trimmed |
| Tube Investments of India Limited | 1.43% | up 0.04 pts | ₹233 Cr | up ₹22.9 Cr | Added |
| InterGlobe Aviation Limited | 1.40% | up 0.04 pts | ₹228 Cr | up ₹22.1 Cr | Added |
| Axis Bank Limited | 1.37% | up <0.01 pts | ₹224 Cr | up ₹16.5 Cr | Added |
| Aditya Birla Fashion and Retail Limited | 1.37% | down 0.03 pts | ₹223 Cr | up ₹12.1 Cr | Added |
| Max Healthcare Institute Limited | 1.36% | up 0.02 pts | ₹222 Cr | up ₹18.5 Cr | Added |
| Prestige Estates Projects Limited | 1.31% | up 0.12 pts | ₹214 Cr | up ₹34.1 Cr | Added |
| Polycab India Limited | 1.31% | down 0.05 pts | ₹214 Cr | up ₹7.7 Cr | Added |
| IPCA Laboratories Limited | 1.29% | down 0.02 pts | ₹211 Cr | up ₹11.9 Cr | Added |
| Dr. Reddy's Laboratories Limited | 1.26% | up 0.07 pts | ₹206 Cr | up ₹26.3 Cr | Added |
| Steel Authority of India Limited | 1.26% | down 0.05 pts | ₹206 Cr | up ₹7.2 Cr | Added |
| Container Corporation of India Limited | 1.25% | down 0.07 pts | ₹205 Cr | up ₹3.9 Cr | Added |
| Bharat Electronics Limited | 1.25% | up 0.05 pts | ₹204 Cr | up ₹22.1 Cr | Added |
| Cummins India Limited | 1.19% | up 0.03 pts | ₹194 Cr | up ₹18.3 Cr | Added |
| LIC Housing Finance Limited | 1.18% | down 0.03 pts | ₹193 Cr | up ₹10 Cr | Added |
| Eternal Limited | 1.18% | up 0.01 pts | ₹193 Cr | up ₹15.4 Cr | Added |
| Piramal Enterprises Limited | 1.15% | up 0.14 pts | ₹188 Cr | up ₹34.2 Cr | Added |
| Voltas Limited | 1.12% | down 0.18 pts | ₹182 Cr | down ₹14.8 Cr | Trimmed |
| Infosys Limited | 1.11% | down 0.07 pts | ₹182 Cr | up ₹2.3 Cr | Added |
| Lupin Limited | 1.11% | up 0.04 pts | ₹181 Cr | up ₹19.7 Cr | Added |
| Bank of Baroda | 1.08% | down 0.05 pts | ₹176 Cr | up ₹5 Cr | Added |
| Dixon Technologies (India) Limited | 1.07% | up 0.05 pts | ₹175 Cr | up ₹20.4 Cr | Added |
| Bata India Limited | 1.07% | down 0.02 pts | ₹175 Cr | up ₹9.5 Cr | Added |
| Crompton Greaves Consumer Electricals Limited | 1.06% | down 0.02 pts | ₹174 Cr | up ₹8.8 Cr | Added |
| United Breweries Limited | 1.03% | up 0.05 pts | ₹168 Cr | up ₹19.4 Cr | Added |
| Indraprastha Gas Limited | 1.00% | down 0.09 pts | ₹163 Cr | down ₹2.5 Cr | Trimmed |
| 3M India Limited | 0.99% | down <0.01 pts | ₹162 Cr | up ₹11.2 Cr | Added |
| Timken India Limited | 0.96% | up 0.04 pts | ₹158 Cr | up ₹16.9 Cr | Added |
| Hindustan Aeronautics Limited | 0.96% | up 0.11 pts | ₹157 Cr | up ₹28 Cr | Added |
| Sanofi India Limited | 0.96% | down 0.06 pts | ₹157 Cr | up ₹2.7 Cr | Added |
| Tata Chemicals Limited | 0.96% | down 0.04 pts | ₹156 Cr | up ₹4.8 Cr | Added |
What changed, May 2023 to Jun 2023
New New positions (5)
- HDFC Bank Limited2.1% · ₹340 Cr
- NLC India Limited0.3% · ₹49.6 Cr
- Sundram Fasteners Limited0.2% · ₹38.8 Cr
- Thermax Limited0.2% · ₹31.8 Cr
- GlaxoSmithKline Pharmaceuticals Limited<0.1% · ₹4.9 Cr
Exited Exited (3)
- Manappuram Finance Limitedwas 0.2% · ₹33.1 Cr
- Bajaj Consumer Care Limitedwas 0.2% · ₹32.9 Cr
- Apollo Tyres Limitedwas 0.2% · ₹27.4 Cr
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 May 2023, the weight rose most in Banks (+1.5 pts) and Finance (+0.3 pts), and fell most in Beverages (−0.5 pts) and IT - Software (−0.3 pts).
- Banks9.0% → 10.4%+1.5 pts
- Finance12.9% → 13.2%+0.3 pts
- Power2.4% → 2.7%+0.3 pts
- Capital Markets2.0% → 2.3%+0.3 pts
- Electrical Equipment0.3% → 0.4%+0.2 pts
- Insurance2.4% → 2.5%+0.1 pts
- Beverages4.8% → 4.2%−0.5 pts
- IT - Software5.6% → 5.3%−0.3 pts
- Consumer Durables5.9% → 5.5%−0.3 pts
- Leisure Services4.6% → 4.3%−0.3 pts
- Entertainment1.2% → 0.9%−0.3 pts
- Chemicals & Petrochemicals3.5% → 3.3%−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 | Jun 2020 | Jun 2022 | Dec 2022 | Mar 2023 | May 2023 | Jun 2023 |
|---|---|---|---|---|---|---|
| Finance | 9.4% | 11.1% | 11.7% | 11.8% | 12.9% | 13.2% |
| Banks | 5.0% | 9.3% | 9.9% | 8.8% | 9.0% | 10.4% |
| Pharmaceuticals & Biotechnology | 13.0% | 6.8% | 8.1% | 8.4% | 7.7% | 7.8% |
| Industrial Products | 2.0% | 2.9% | 4.0% | 5.8% | 5.9% | 6.0% |
| Consumer Durables | 5.1% | 5.4% | 4.8% | 5.5% | 5.9% | 5.5% |
| IT - Software | 2.0% | 3.8% | 6.7% | 5.8% | 5.6% | 5.3% |
| Leisure Services | 0.5% | 4.8% | 3.8% | 3.8% | 4.6% | 4.3% |
| Beverages | 5.2% | 5.4% | 5.3% | 5.4% | 4.8% | 4.2% |
| Retailing | 4.4% | 4.2% | 5.0% | 4.2% | 4.1% | 4.1% |
| Auto Components | 4.6% | 2.0% | 2.6% | 2.8% | 3.4% | 3.3% |
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, Jun 2023
2.7%
▼ 1.2 pts vs May 2023
- Cash alone
- 2.6%
- cash and net receivables
- A year earlier
- 4.8%
- Jun 2022 · now ▼ 2.1 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.