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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
₹1,355 Cr
up ₹59.1 Cr vs Feb 2024
- Stocks held
- 39
- up 1 vs Feb 2024
- Top 10 weight
- 37.2%
- of the portfolio in its ten largest
- Cash & debt
- 5.3%
Nippon India Innovation Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In March 2024 it disclosed 39 stocks worth ₹1,355 Cr, up ₹59.1 Cr from Feb 2024. Its largest positions were Info Edge (India) Limited (4.7%), 3M India Limited (4.6%), Samvardhana Motherson International Limited (3.9%); the ten largest together made up 37.2% of the portfolio, and Retailing was the biggest sector at 14.6% of its equity. Cash and debt stood at 5.3%. Compared with Feb 2024 the fund entered 1 new stock and exited 0.
Against 226 other Sectoral / Thematic funds
Concentration
23%
Top-10 weight is higher than 23% of peers
Breadth
40%
Holds more stocks than 40% of peers
Cash
74%
Holds more cash than 74% of peers
What these mean: concentration · cash
Holdings in March 2024
Download CSVEvery line the fund disclosed, with the change against Feb 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 | 5.29% | down 2.44 pts | ₹71.6 Cr | down ₹28.5 Cr | Trimmed |
| Info Edge (India) Limited | 4.75% | up 0.07 pts | ₹64.3 Cr | up ₹3.7 Cr | Added |
| 3M India Limited | 4.63% | up 0.65 pts | ₹62.7 Cr | up ₹11.2 Cr | Added |
| Samvardhana Motherson International Limited | 3.86% | down 0.25 pts | ₹52.2 Cr | down ₹94 L | Trimmed |
| Bajaj Finserv Limited | 3.82% | up 0.56 pts | ₹51.8 Cr | up ₹9.5 Cr | Added |
| Honeywell Automation India Limited | 3.56% | up 0.50 pts | ₹48.3 Cr | up ₹8.5 Cr | Added |
| FSN E-Commerce Ventures Limited | 3.55% | down 0.05 pts | ₹48.1 Cr | up ₹1.5 Cr | Added |
| Eternal Limited | 3.43% | up 0.17 pts | ₹46.4 Cr | up ₹4.2 Cr | Added |
| Apollo Hospitals Enterprise Limited | 3.30% | down 0.01 pts | ₹44.7 Cr | up ₹1.8 Cr | Added |
| HDFC Bank Limited | 3.21% | down 0.04 pts | ₹43.4 Cr | up ₹1.3 Cr | Added |
| Affle (India) Limited | 3.09% | up 0.49 pts | ₹41.8 Cr | up ₹8.1 Cr | Added |
| ICICI Bank Limited | 3.03% | down 0.02 pts | ₹41 Cr | up ₹1.5 Cr | Added |
| Syngene International Limited | 2.84% | up 0.95 pts | ₹38.4 Cr | up ₹13.9 Cr | Added |
| eMudhra Limited | 2.79% | up 0.51 pts | ₹37.8 Cr | up ₹8.3 Cr | Added |
| United Breweries Limited | 2.72% | down 0.06 pts | ₹36.9 Cr | up ₹82 L | Added |
| Bosch Limited | 2.52% | down 0.65 pts | ₹34.2 Cr | down ₹6.9 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 2.44% | up 0.35 pts | ₹33 Cr | up ₹6 Cr | Added |
| Axis Bank Limited | 2.44% | down 0.18 pts | ₹33 Cr | down ₹88 L | Trimmed |
| Siemens Limited | 2.38% | up 0.21 pts | ₹32.3 Cr | up ₹4.2 Cr | Added |
| Motherson Sumi Wiring India Limited | 2.32% | down 0.25 pts | ₹31.4 Cr | down ₹1.9 Cr | Trimmed |
| Delhivery Limited | 2.30% | up 2.30 pts | ₹31.2 Cr | up ₹31.2 Cr | New |
| Hero MotoCorp Limited | 2.29% | up 0.05 pts | ₹31 Cr | up ₹1.9 Cr | Added |
| ZF Commercial Vehicle Control Systems India Limited | 2.22% | down <0.01 pts | ₹30.1 Cr | up ₹1.3 Cr | Added |
| Avenue Supermarts Limited | 2.09% | up 0.20 pts | ₹28.4 Cr | up ₹3.8 Cr | Added |
| Restaurant Brands Asia Limited | 2.08% | up 0.36 pts | ₹28.1 Cr | up ₹5.9 Cr | Added |
| ICICI Lombard General Insurance Company Limited | 2.00% | down 0.13 pts | ₹27.1 Cr | down ₹44 L | Trimmed |
| Sanofi India Limited | 1.99% | down 0.17 pts | ₹27 Cr | down ₹1.1 Cr | Trimmed |
| Tejas Networks Limited | 1.97% | up 0.51 pts | ₹26.7 Cr | up ₹7.8 Cr | Added |
| Tata Motors Limited | 1.83% | down 1.10 pts | ₹24.8 Cr | down ₹13.2 Cr | Trimmed |
| TVS Motor Company Limited | 1.81% | down 0.07 pts | ₹24.5 Cr | up ₹14 L | Added |
| Bharat Dynamics Limited | 1.81% | down 0.14 pts | ₹24.5 Cr | down ₹80 L | Trimmed |
| Bajaj Finance Limited | 1.76% | up 0.11 pts | ₹23.9 Cr | up ₹2.5 Cr | Added |
| Sapphire Foods India Limited | 1.75% | down <0.01 pts | ₹23.7 Cr | up ₹1 Cr | Added |
| Tata Consumer Products Limited | 1.67% | down 0.23 pts | ₹22.7 Cr | down ₹1.9 Cr | Trimmed |
| Bayer Cropscience Limited | 1.55% | down 0.20 pts | ₹20.9 Cr | down ₹1.7 Cr | Trimmed |
| Timken India Limited | 1.40% | up 0.04 pts | ₹19 Cr | up ₹1.3 Cr | Added |
| Kirloskar Oil Engines Limited | 1.27% | down 0.14 pts | ₹17.2 Cr | down ₹1.1 Cr | Trimmed |
| One 97 Communications Limited | 0.85% | down 0.04 pts | ₹11.5 Cr | down ₹2 L | Held |
| Hindustan Unilever Limited | 0.84% | down 0.10 pts | ₹11.3 Cr | down ₹74 L | Trimmed |
| State Bank of India | 0.56% | down 1.75 pts | ₹7.5 Cr | down ₹22.4 Cr | Trimmed |
What changed, Feb 2024 to Mar 2024
New New positions (1)
- Delhivery Limited2.3% · ₹31.2 Cr
Exited Exited (0)
None.
Added Biggest additions
- Syngene International Limitedup ₹13.9 Cr (+0.95% pts)
- 3M India Limitedup ₹11.2 Cr (+0.65% pts)
- Bajaj Finserv Limitedup ₹9.5 Cr (+0.56% pts)
- Honeywell Automation India Limitedup ₹8.5 Cr (+0.50% 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 Feb 2024, the weight rose most in Transport Services (+2.4 pts) and IT - Services (+0.9 pts), and fell most in Banks (−2.1 pts) and Auto Components (−1.6 pts).
- Transport Services0.0% → 2.4%new+2.4 pts
- IT - Services5.3% → 6.2%+0.9 pts
- Healthcare Services5.6% → 6.5%+0.8 pts
- Diversified4.3% → 4.9%+0.6 pts
- Finance5.3% → 5.9%+0.6 pts
- Telecom - Equipment & Accessories1.6% → 2.1%+0.5 pts
- Banks14.4% → 12.3%−2.1 pts
- Auto Components13.1% → 11.5%−1.6 pts
- Automobiles7.7% → 6.3%−1.4 pts
- Agricultural Food & Other Products2.1% → 1.8%−0.3 pts
- Fertilizers & Agrochemicals1.9% → 1.6%−0.3 pts
- Pharmaceuticals & Biotechnology2.3% → 2.1%−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 | Sep 2023 | Dec 2023 | Feb 2024 | Mar 2024 |
|---|---|---|---|---|
| Retailing | 19.4% | 15.0% | 14.5% | 14.6% |
| Banks | 13.2% | 13.0% | 14.4% | 12.3% |
| Auto Components | 10.5% | 11.3% | 13.1% | 11.5% |
| Healthcare Services | 3.9% | 3.6% | 5.6% | 6.5% |
| Automobiles | 9.0% | 7.6% | 7.7% | 6.3% |
| IT - Services | 3.9% | 5.5% | 5.3% | 6.2% |
| Finance | 6.7% | 6.2% | 5.3% | 5.9% |
| Diversified | 3.8% | 3.5% | 4.3% | 4.9% |
| Leisure Services | 3.3% | 4.0% | 3.8% | 4.0% |
| Industrial Manufacturing | 1.9% | 3.4% | 3.3% | 3.8% |
Allocation in Mar 2024change vs Feb 2024
- Retailing (4)14.6%
- Banks (5)12.3%▼ 2.1 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, Mar 2024
5.3%
▼ 2.4 pts vs Feb 2024
- Cash alone
- 5.3%
- 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.