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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
₹1,296 Cr
up ₹43 Cr vs Jan 2024
- Stocks held
- 38
- up 1 vs Jan 2024
- Top 10 weight
- 35.7%
- of the portfolio in its ten largest
- Cash & debt
- 7.7%
Nippon India Innovation Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In February 2024 it disclosed 38 stocks worth ₹1,296 Cr, up ₹43 Cr from Jan 2024. Its largest positions were Info Edge (India) Limited (4.7%), Samvardhana Motherson International Limited (4.1%), 3M India Limited (4.0%); the ten largest together made up 35.7% of the portfolio, and Retailing was the biggest sector at 14.5% of its equity. Cash and debt stood at 7.7%. Compared with Jan 2024 the fund entered 2 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
19%
Top-10 weight is higher than 19% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
87%
Holds more cash than 87% of peers
What these mean: concentration · cash
Holdings in February 2024
Download CSVEvery line the fund disclosed, with the change against Jan 2024. 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 | 7.73% | up 1.04 pts | ₹100 Cr | up ₹16.4 Cr | Added |
| Info Edge (India) Limited | 4.67% | down 0.75 pts | ₹60.6 Cr | down ₹7.3 Cr | Trimmed |
| Samvardhana Motherson International Limited | 4.10% | up 0.07 pts | ₹53.2 Cr | up ₹2.7 Cr | Added |
| 3M India Limited | 3.97% | up 1.09 pts | ₹51.5 Cr | up ₹15.3 Cr | Added |
| FSN E-Commerce Ventures Limited | 3.59% | up 0.12 pts | ₹46.6 Cr | up ₹3 Cr | Added |
| Apollo Hospitals Enterprise Limited | 3.31% | down 0.25 pts | ₹42.9 Cr | down ₹1.8 Cr | Trimmed |
| Bajaj Finserv Limited | 3.26% | down 0.18 pts | ₹42.2 Cr | down ₹89 L | Trimmed |
| Eternal Limited | 3.26% | up 0.42 pts | ₹42.2 Cr | up ₹6.6 Cr | Added |
| HDFC Bank Limited | 3.25% | up 0.91 pts | ₹42.1 Cr | up ₹12.9 Cr | Added |
| Bosch Limited | 3.17% | up 0.09 pts | ₹41.1 Cr | up ₹2.5 Cr | Added |
| Honeywell Automation India Limited | 3.07% | down 0.12 pts | ₹39.7 Cr | down ₹24 L | Trimmed |
| ICICI Bank Limited | 3.05% | down 0.03 pts | ₹39.5 Cr | up ₹90 L | Added |
| Tata Motors Limited | 2.93% | down 0.60 pts | ₹38 Cr | down ₹6.2 Cr | Trimmed |
| United Breweries Limited | 2.78% | down 0.28 pts | ₹36.1 Cr | down ₹2.4 Cr | Trimmed |
| Axis Bank Limited | 2.61% | up 0.78 pts | ₹33.9 Cr | up ₹10.9 Cr | Added |
| Affle (India) Limited | 2.60% | down 0.39 pts | ₹33.7 Cr | down ₹3.7 Cr | Trimmed |
| Motherson Sumi Wiring India Limited | 2.58% | up 0.11 pts | ₹33.4 Cr | up ₹2.4 Cr | Added |
| State Bank of India | 2.31% | up 0.26 pts | ₹29.9 Cr | up ₹4.3 Cr | Added |
| eMudhra Limited | 2.28% | up 0.46 pts | ₹29.6 Cr | up ₹6.7 Cr | Added |
| Hero MotoCorp Limited | 2.25% | down 0.18 pts | ₹29.1 Cr | down ₹1.3 Cr | Trimmed |
| ZF Commercial Vehicle Control Systems India Limited | 2.23% | up 2.23 pts | ₹28.8 Cr | up ₹28.8 Cr | New |
| Siemens Limited | 2.17% | up 0.18 pts | ₹28.1 Cr | up ₹3.2 Cr | Added |
| Sanofi India Limited | 2.16% | down 0.09 pts | ₹28 Cr | down ₹16 L | Trimmed |
| ICICI Lombard General Insurance Company Limited | 2.13% | down 0.39 pts | ₹27.5 Cr | down ₹4 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 2.09% | up 0.19 pts | ₹27 Cr | up ₹3.3 Cr | Added |
| Bharat Dynamics Limited | 1.95% | down 0.23 pts | ₹25.3 Cr | down ₹2 Cr | Trimmed |
| Tata Consumer Products Limited | 1.90% | up 0.05 pts | ₹24.6 Cr | up ₹1.5 Cr | Added |
| Avenue Supermarts Limited | 1.90% | down <0.01 pts | ₹24.6 Cr | up ₹79 L | Added |
| Syngene International Limited | 1.89% | down 0.19 pts | ₹24.5 Cr | down ₹1.5 Cr | Trimmed |
| TVS Motor Company Limited | 1.88% | up 0.06 pts | ₹24.4 Cr | up ₹1.6 Cr | Added |
| Sapphire Foods India Limited | 1.75% | up <0.01 pts | ₹22.7 Cr | up ₹78 L | Added |
| Bayer Cropscience Limited | 1.74% | down 0.17 pts | ₹22.6 Cr | down ₹1.3 Cr | Trimmed |
| Restaurant Brands Asia Limited | 1.72% | down 0.25 pts | ₹22.3 Cr | down ₹2.4 Cr | Trimmed |
| Bajaj Finance Limited | 1.65% | down 0.15 pts | ₹21.4 Cr | down ₹1.2 Cr | Trimmed |
| Tejas Networks Limited | 1.46% | up 1.46 pts | ₹18.9 Cr | up ₹18.9 Cr | New |
| Kirloskar Oil Engines Limited | 1.41% | up 0.27 pts | ₹18.3 Cr | up ₹4 Cr | Added |
| Timken India Limited | 1.37% | down 0.39 pts | ₹17.7 Cr | down ₹4.3 Cr | Trimmed |
| Hindustan Unilever Limited | 0.93% | down 0.06 pts | ₹12.1 Cr | down ₹35 L | Trimmed |
| One 97 Communications Limited | 0.89% | down 2.43 pts | ₹11.5 Cr | down ₹30 Cr | Trimmed |
What changed, Jan 2024 to Feb 2024
New New positions (2)
- ZF Commercial Vehicle Control Systems India Limited2.2% · ₹28.8 Cr
- Tejas Networks Limited1.5% · ₹18.9 Cr
Exited Exited (1)
- PB Fintech Limitedwas 2.7% · ₹33.4 Cr
Added Biggest additions
- 3M India Limitedup ₹15.3 Cr (+1.09% pts)
- HDFC Bank Limitedup ₹12.9 Cr (+0.91% pts)
- Axis Bank Limited ₹10.9 Cr (+0.78% 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 Jan 2024, the weight rose most in Auto Components (+2.8 pts) and Banks (+2.4 pts), and fell most in Financial Technology (fintech) (−5.4 pts) and Automobiles (−0.7 pts).
- Auto Components10.3% → 13.1%+2.8 pts
- Banks12.0% → 14.4%+2.4 pts
- Telecom - Equipment & Accessories0.0% → 1.6%new+1.6 pts
- Diversified3.1% → 4.3%+1.2 pts
- Electrical Equipment2.1% → 2.4%+0.2 pts
- IT - Services5.2% → 5.3%+0.1 pts
- Financial Technology (fintech)6.4% → 1.0%−5.4 pts
- Automobiles8.3% → 7.7%−0.7 pts
- Healthcare Services6.0% → 5.6%−0.4 pts
- Insurance2.7% → 2.3%−0.4 pts
- Finance5.6% → 5.3%−0.3 pts
- Beverages3.3% → 3.0%−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 | Aug 2023 | Nov 2023 | Jan 2024 | Feb 2024 |
|---|---|---|---|---|
| Retailing | 23.4% | 17.3% | 14.6% | 14.5% |
| Banks | 7.9% | 11.8% | 12.0% | 14.4% |
| Auto Components | 10.4% | 11.1% | 10.3% | 13.1% |
| Automobiles | 11.0% | 8.5% | 8.3% | 7.7% |
| Healthcare Services | — | 3.9% | 6.0% | 5.6% |
| Finance | 7.9% | 6.8% | 5.6% | 5.3% |
| IT - Services | 5.9% | 3.4% | 5.2% | 5.3% |
| Diversified | — | 3.3% | 3.1% | 4.3% |
| Leisure Services | 3.0% | 4.5% | 4.0% | 3.8% |
| Industrial Manufacturing | — | 3.1% | 3.4% | 3.3% |
Allocation in Feb 2024change vs Jan 2024
- Retailing (4)14.5%▼ 0.1 pts
- Banks (5)14.4%▲ 2.4 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, Feb 2024
7.7%
▲ 1.0 pts vs Jan 2024
- Cash alone
- 7.7%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 4.6% – 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.