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Sectoral / Thematic · Nippon India Mutual Fund · AMFI code 152033Nippon India Innovation Fund
Disclosed for 37 months, Aug 2023 to Aug 2026.Published as: Nippon India Innovation Fund(An open ended equity scheme investing in innovation theme)
Portfolio value
₹978 Cr
up ₹22 Cr vs Sep 2023
- Stocks held
- 33
- up 1 vs Sep 2023
- Top 10 weight
- 39.6%
- of the portfolio in its ten largest
- Cash & debt
- 10.5%
- cash, money market and debt
Nippon India Innovation Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In October 2023 it disclosed 33 stocks worth ₹978 Cr, up ₹22 Cr from Sep 2023. Its largest positions were Info Edge (India) Limited (6.8%), Bajaj Finserv Limited (4.3%), FSN E-Commerce Ventures Limited (4.2%); the ten largest together made up 39.6% of the portfolio, and Retailing was the biggest sector at 17.0% of its equity. Cash and debt stood at 10.5%. Compared with Sep 2023 the fund entered 1 new stock and exited 0.
Against 226 other Sectoral / Thematic funds
Concentration
32%
Top-10 weight is higher than 32% of peers
Breadth
18%
Holds more stocks than 18% of peers
Cash
96%
Holds more cash than 96% of peers
What these mean: concentration · cash
Holdings in October 2023
Download CSVEvery line the fund disclosed, with the change against Sep 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 | 10.50% | down 6.94 pts | ₹103 Cr | down ₹64 Cr | Trimmed |
| Info Edge (India) Limited | 6.77% | down 0.29 pts | ₹66.2 Cr | down ₹1.3 Cr | Trimmed |
| Bajaj Finserv Limited | 4.25% | up 1.43 pts | ₹41.6 Cr | up ₹14.6 Cr | Added |
| FSN E-Commerce Ventures Limited | 4.20% | down 0.52 pts | ₹41.1 Cr | down ₹4.1 Cr | Trimmed |
| Samvardhana Motherson International Limited | 4.19% | up 1.22 pts | ₹41 Cr | up ₹12.6 Cr | Added |
| United Breweries Limited | 3.51% | up 0.18 pts | ₹34.3 Cr | up ₹2.5 Cr | Added |
| One 97 Communications Limited | 3.49% | up 0.16 pts | ₹34.2 Cr | up ₹2.3 Cr | Added |
| Apollo Hospitals Enterprise Limited | 3.46% | up 0.22 pts | ₹33.9 Cr | up ₹2.9 Cr | Added |
| Bosch Limited | 3.26% | up 0.26 pts | ₹31.9 Cr | up ₹3.2 Cr | Added |
| Affle (India) Limited | 3.24% | up 0.03 pts | ₹31.7 Cr | up ₹96 L | Added |
| 3M India Limited | 3.20% | up 0.10 pts | ₹31.3 Cr | up ₹1.6 Cr | Added |
| PB Fintech Limited | 3.10% | up 1.10 pts | ₹30.4 Cr | up ₹11.2 Cr | Added |
| Motherson Sumi Wiring India Limited | 2.92% | up 0.22 pts | ₹28.5 Cr | up ₹2.8 Cr | Added |
| Honeywell Automation India Limited | 2.65% | up 1.11 pts | ₹26 Cr | up ₹11.2 Cr | Added |
| Tata Motors Limited | 2.57% | down 0.07 pts | ₹25.1 Cr | down ₹6 L | Held |
| Bajaj Finance Limited | 2.53% | down 0.17 pts | ₹24.7 Cr | down ₹1 Cr | Trimmed |
| TVS Motor Company Limited | 2.44% | up 0.05 pts | ₹23.9 Cr | up ₹1 Cr | Added |
| Hero MotoCorp Limited | 2.37% | down 0.03 pts | ₹23.2 Cr | up ₹23 L | Added |
| Avenue Supermarts Limited | 2.33% | down 0.08 pts | ₹22.8 Cr | down ₹26 L | Trimmed |
| Kotak Mahindra Bank Limited | 2.31% | down 0.05 pts | ₹22.6 Cr | up ₹5 L | Held |
| HDFC Bank Limited | 2.26% | down 0.13 pts | ₹22.1 Cr | down ₹75 L | Trimmed |
| ICICI Lombard General Insurance Company Limited | 2.26% | up 0.06 pts | ₹22.1 Cr | up ₹1 Cr | Added |
| Axis Bank Limited | 2.16% | up 0.10 pts | ₹21.1 Cr | up ₹1.4 Cr | Added |
| ICICI Bank Limited | 2.11% | down 0.13 pts | ₹20.6 Cr | down ₹82 L | Trimmed |
| State Bank of India | 2.02% | up 0.15 pts | ₹19.8 Cr | up ₹1.8 Cr | Added |
| Bayer Cropscience Limited | 2.01% | down 0.22 pts | ₹19.6 Cr | down ₹1.7 Cr | Trimmed |
| Sapphire Foods India Limited | 2.00% | up 0.70 pts | ₹19.6 Cr | up ₹7.1 Cr | Added |
| Timken India Limited | 1.93% | down 0.18 pts | ₹18.9 Cr | down ₹1.3 Cr | Trimmed |
| Hindustan Unilever Limited | 1.90% | down 0.03 pts | ₹18.6 Cr | up ₹14 L | Added |
| Tata Consumer Products Limited | 1.90% | up 0.01 pts | ₹18.6 Cr | up ₹49 L | Added |
| Eternal Limited | 1.88% | up 0.02 pts | ₹18.4 Cr | up ₹63 L | Added |
| Restaurant Brands Asia Limited | 1.80% | up 0.39 pts | ₹17.6 Cr | up ₹4.1 Cr | Added |
| Siemens Limited | 1.34% | up 1.34 pts | ₹13.2 Cr | up ₹13.2 Cr | New |
| Kirloskar Oil Engines Limited | 1.11% | down 0.02 pts | ₹10.9 Cr | up ₹8 L | Added |
What changed, Sep 2023 to Oct 2023
New New positions (1)
- Siemens Limited1.3% · ₹13.2 Cr
Exited Exited (0)
None.
Added Biggest additions
- Bajaj Finserv Limitedup ₹14.6 Cr (+1.43% pts)
- Samvardhana Motherson International Limitedup ₹12.6 Cr (+1.22% pts)
- PB Fintech Limitedup ₹11.2 Cr (+1.10% pts)
- Honeywell Automation India Limitedup ₹11.2 Cr (+1.11% 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 Sep 2023, the weight rose most in Electrical Equipment (+1.5 pts) and Industrial Manufacturing (+1.1 pts), and fell most in Retailing (−2.5 pts) and Banks (−1.1 pts).
- Electrical Equipment0.0% → 1.5%new+1.5 pts
- Industrial Manufacturing1.9% → 3.0%+1.1 pts
- Auto Components10.5% → 11.6%+1.1 pts
- Leisure Services3.3% → 4.3%+1.0 pts
- Financial Technology (fintech)6.5% → 7.4%+0.9 pts
- Finance6.7% → 7.6%+0.9 pts
- Retailing19.4% → 17.0%−2.5 pts
- Banks13.2% → 12.1%−1.1 pts
- Automobiles9.0% → 8.2%−0.7 pts
- Industrial Products3.9% → 3.4%−0.5 pts
- Fertilizers & Agrochemicals2.7% → 2.2%−0.5 pts
- IT - Services3.9% → 3.6%−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 | Sep 2023 | Oct 2023 |
|---|---|---|
| Retailing | 19.4% | 17.0% |
| Banks | 13.2% | 12.1% |
| Auto Components | 10.5% | 11.6% |
| Automobiles | 9.0% | 8.2% |
| Finance | 6.7% | 7.6% |
| Financial Technology (fintech) | 6.5% | 7.4% |
| Leisure Services | 3.3% | 4.3% |
| Beverages | 4.0% | 3.9% |
| Healthcare Services | 3.9% | 3.9% |
| IT - Services | 3.9% | 3.6% |
Allocation in Oct 2023change vs Sep 2023
- Retailing (4)17.0%▼ 2.5 pts
- Banks (5)12.1%▼ 1.1 pts
- Auto Components (3)11.6%▲ 1.1 pts
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, Oct 2023
10.5%
▼ 6.9 pts vs Sep 2023
- Cash alone
- 10.5%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 10.5% – 50.3%
- lowest to highest · record 50.3% in Aug 2023
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.