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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
₹18,343 Cr
up ₹994 Cr vs Jul 2023
- Stocks held
- 92
Nippon India Growth Mid Cap Fund is an active equity fund in the Mid Cap category from Nippon India Mutual Fund. In August 2023 it disclosed 92 stocks worth ₹18,343 Cr, up ₹994 Cr from Jul 2023. Its largest positions were Cholamandalam Financial Holdings Limited (3.7%), Power Finance Corporation Limited (3.4%), AU Small Finance Bank Limited (2.9%); the ten largest together made up 25.8% of the portfolio, and Finance was the biggest sector at 12.6% of its equity. Cash and debt stood at 2.5%. Compared with Jul 2023 the fund entered 6 new stocks and exited 2.
Against 32 other Mid Cap funds
Concentration
41%
Top-10 weight is higher than 41% of peers
Breadth
88%
Holds more stocks than 88% of peers
Cash
47%
Holds more cash than 47% of peers
What these mean: concentration · cash
Holdings in August 2023
Download CSVEvery line the fund disclosed, with the change against Jul 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 | 3.66% | down 0.17 pts | ₹672 Cr | up ₹6.3 Cr | Added |
| Power Finance Corporation Limited | 3.38% | down 0.21 pts | ₹620 Cr | down ₹2.9 Cr | Held |
| AU Small Finance Bank Limited | 2.93% | down 0.19 pts | ₹538 Cr | down ₹4.7 Cr | Trimmed |
| Supreme Industries Limited | 2.93% | up 0.46 pts | ₹537 Cr | up ₹109 Cr | Added |
| Cash, TREPS & receivables | 2.54% | down 0.22 pts | ₹466 Cr | down ₹12.8 Cr | Trimmed |
| Max Financial Services Limited | 2.53% | up 0.20 pts | ₹465 Cr | up ₹59.2 Cr | Added |
| Varun Beverages Limited | 2.50% | up 0.14 pts | ₹459 Cr | up ₹48.5 Cr | Added |
| Persistent Systems Limited | 2.07% | up 0.14 pts | ₹380 Cr | up ₹44.3 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 2.03% | down 0.11 pts | ₹372 Cr | up ₹25 L | Held |
| The Federal Bank Limited | 1.92% | up 0.01 pts | ₹352 Cr | up ₹20.3 Cr | Added |
| Dalmia Bharat Limited | 1.86% | up 0.02 pts | ₹341 Cr | up ₹21.5 Cr | Added |
| NTPC Limited | 1.82% | down 0.09 pts | ₹334 Cr | up ₹3 Cr | Added |
| Fortis Healthcare Limited | 1.80% | down 0.18 pts | ₹330 Cr | down ₹14.1 Cr | Trimmed |
| Devyani International Limited | 1.77% | down 0.08 pts | ₹325 Cr | up ₹4.3 Cr | Added |
| Angel One Limited | 1.77% | up 0.23 pts | ₹324 Cr | up ₹56.9 Cr | Added |
| HDFC Bank Limited | 1.71% | down 0.19 pts | ₹314 Cr | down ₹15.9 Cr | Trimmed |
| Polycab India Limited | 1.68% | up 0.01 pts | ₹309 Cr | up ₹18.4 Cr | Added |
| Alkem Laboratories Limited | 1.57% | down 0.24 pts | ₹288 Cr | down ₹26.5 Cr | Trimmed |
| Aditya Birla Fashion and Retail Limited | 1.56% | down 0.03 pts | ₹285 Cr | up ₹10.9 Cr | Added |
| Trent Limited | 1.53% | up 0.14 pts | ₹281 Cr | up ₹40 Cr | Added |
| The Indian Hotels Company Limited | 1.38% | up 0.01 pts | ₹253 Cr | up ₹15.5 Cr | Added |
| Eternal Limited | 1.37% | up 0.12 pts | ₹250 Cr | up ₹34.6 Cr | Added |
| IPCA Laboratories Limited | 1.35% | down 0.08 pts | ₹248 Cr | down ₹1 L | Held |
| Prestige Estates Projects Limited | 1.31% | up 0.04 pts | ₹240 Cr | up ₹20.7 Cr | Added |
| Navin Fluorine International Limited | 1.31% | up 0.03 pts | ₹239 Cr | up ₹17.7 Cr | Added |
| Page Industries Limited | 1.26% | up 0.21 pts | ₹231 Cr | up ₹49.7 Cr | Added |
| Container Corporation of India Limited | 1.25% | down 0.12 pts | ₹229 Cr | down ₹7.6 Cr | Trimmed |
| InterGlobe Aviation Limited | 1.23% | down 0.07 pts | ₹226 Cr | up ₹95 L | Held |
| Axis Bank Limited | 1.20% | down 0.04 pts | ₹221 Cr | up ₹4.4 Cr | Added |
| Lupin Limited | 1.20% | up 0.06 pts | ₹220 Cr | up ₹22.6 Cr | Added |
| Max Healthcare Institute Limited | 1.19% | down 0.08 pts | ₹218 Cr | down ₹2 Cr | Trimmed |
| Zee Entertainment Enterprises Limited | 1.18% | up 0.03 pts | ₹216 Cr | up ₹16.4 Cr | Added |
| Bharat Electronics Limited | 1.18% | down 0.04 pts | ₹216 Cr | up ₹4.1 Cr | Added |
| Tube Investments of India Limited | 1.16% | down 0.14 pts | ₹213 Cr | down ₹13.1 Cr | Trimmed |
| Piramal Enterprises Limited | 1.15% | down 0.02 pts | ₹211 Cr | up ₹8.3 Cr | Added |
| Voltas Limited | 1.14% | up 0.06 pts | ₹209 Cr | up ₹21.6 Cr | Added |
| Dixon Technologies (India) Limited | 1.09% | up 0.14 pts | ₹200 Cr | up ₹35.3 Cr | Added |
| Steel Authority of India Limited | 1.04% | down 0.11 pts | ₹190 Cr | down ₹8.2 Cr | Trimmed |
| Gland Pharma Limited | 1.02% | up 0.21 pts | ₹187 Cr | up ₹46.6 Cr | Added |
| 3M India Limited | 1.02% | up 0.02 pts | ₹187 Cr | up ₹13.4 Cr | Added |
| United Breweries Limited | 0.99% | down 0.07 pts | ₹181 Cr | down ₹2.8 Cr | Trimmed |
| Crompton Greaves Consumer Electricals Limited | 0.98% | down 0.03 pts | ₹180 Cr | up ₹3.7 Cr | Added |
| Bata India Limited | 0.96% | down 0.08 pts | ₹176 Cr | down ₹5 Cr | Trimmed |
| MAHINDRA LIFESPACE DEVELOPERS LTD | 0.95% | up 0.03 pts | ₹174 Cr | up ₹15.4 Cr | Added |
| Bank of Baroda | 0.94% | down 0.13 pts | ₹173 Cr | down ₹13.9 Cr | Trimmed |
| Cummins India Limited | 0.93% | down 0.20 pts | ₹171 Cr | down ₹26 Cr | Trimmed |
| MphasiS Limited | 0.93% | up <0.01 pts | ₹170 Cr | up ₹9.4 Cr | Added |
| Tata Chemicals Limited | 0.90% | down 0.05 pts | ₹166 Cr | up ₹33 L | Held |
| Hindustan Aeronautics Limited | 0.88% | down 0.07 pts | ₹162 Cr | down ₹2.5 Cr | Trimmed |
| Indraprastha Gas Limited | 0.88% | down 0.04 pts | ₹161 Cr | up ₹1.6 Cr | Added |
What changed, Jul 2023 to Aug 2023
New New positions (6)
- Union Bank of India0.8% · ₹149 Cr
- REC Limited0.7% · ₹119 Cr
- Ashok Leyland Limited0.4% · ₹73.5 Cr
- ICICI Lombard General Insurance Company Limited0.3% · ₹60.3 Cr
- Bosch Limited0.3% · ₹55.6 Cr
- BSE Limited0.2% · ₹42.2 Cr
Exited Exited (2)
- Dr. Reddy's Laboratories Limitedwas 0.5% · ₹84.6 Cr
- RBL Bank Limitedwas 0.3% · ₹45.6 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 Jul 2023, the weight rose most in Insurance (+0.5 pts) and Capital Markets (+0.4 pts), and fell most in Finance (−0.7 pts) and Pharmaceuticals & Biotechnology (−0.6 pts).
- Insurance2.4% → 2.9%+0.5 pts
- Capital Markets2.0% → 2.4%+0.4 pts
- Agricultural, Commercial & Construction Vehicles0.0% → 0.4%new+0.4 pts
- Auto Components3.4% → 3.7%+0.3 pts
- Retailing5.1% → 5.3%+0.2 pts
- Textiles & Apparels1.1% → 1.3%+0.2 pts
- Finance13.3% → 12.6%−0.7 pts
- Pharmaceuticals & Biotechnology8.0% → 7.4%−0.6 pts
- Healthcare Services3.3% → 3.1%−0.3 pts
- Transport Services2.7% → 2.5%−0.2 pts
- Petroleum Products0.9% → 0.7%−0.1 pts
- Ferrous Metals2.2% → 2.1%−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 | Aug 2020 | Aug 2022 | Feb 2023 | May 2023 | Jul 2023 | Aug 2023 |
|---|---|---|---|---|---|---|
| Finance | 10.5% | 10.7% | 12.0% | 12.9% | 13.3% | 12.6% |
| Banks | 4.4% | 10.7% | 8.8% | 9.0% | 9.8% | 9.8% |
| Pharmaceuticals & Biotechnology | 11.7% | 5.0% | 8.2% | 7.7% | 8.0% | 7.4% |
| Industrial Products | 3.0% | 3.3% | 5.5% | 5.9% | 6.4% | 6.5% |
| Retailing | 3.6% | 5.0% | 4.3% | 4.1% | 5.1% | 5.3% |
| Consumer Durables | 6.7% | 5.5% | 5.5% | 5.9% | 5.1% | 5.1% |
| IT - Software | 1.8% | 4.2% | 7.2% | 5.6% | 4.9% | 4.9% |
| Beverages | 4.7% | 5.8% | 5.2% | 4.8% | 4.1% | 4.0% |
| Leisure Services | 0.6% | 4.9% | 3.4% | 4.6% | 4.0% | 4.0% |
| Auto Components | 5.0% | 2.6% | 2.8% | 3.4% | 3.4% | 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, Aug 2023
2.5%
▼ 0.2 pts vs Jul 2023
- Cash alone
- 2.5%
- cash and net receivables
- A year earlier
- 4.1%
- Aug 2022 · now ▼ 1.6 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.