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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
₹1,455 Cr
up ₹99.9 Cr vs Mar 2024
- Stocks held
- 38
- down 1 vs Mar 2024
- Top 10 weight
- 37.6%
- of the portfolio in its ten largest
- Cash & debt
- 4.1%
Nippon India Innovation Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In April 2024 it disclosed 38 stocks worth ₹1,455 Cr, up ₹99.9 Cr from Mar 2024. Its largest positions were 3M India Limited (4.6%), Info Edge (India) Limited (4.2%), Bajaj Finserv Limited (4.1%); the ten largest together made up 37.6% of the portfolio, and Retailing was the biggest sector at 13.7% of its equity. Cash and debt stood at 4.1%. Compared with Mar 2024 the fund entered 0 new stocks and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
24%
Top-10 weight is higher than 24% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
60%
Holds more cash than 60% of peers
What these mean: concentration · cash
Holdings in April 2024
Download CSVEvery line the fund disclosed, with the change against Mar 2024. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| 3M India Limited | 4.63% | up <0.01 pts | ₹67.3 Cr | up ₹4.6 Cr | Added |
| Info Edge (India) Limited | 4.16% | down 0.59 pts | ₹60.5 Cr | down ₹3.8 Cr | Trimmed |
| Cash, TREPS & receivables | 4.11% | down 1.17 pts | ₹59.8 Cr | down ₹11.8 Cr | Trimmed |
| Bajaj Finserv Limited | 4.05% | up 0.23 pts | ₹58.9 Cr | up ₹7.2 Cr | Added |
| Samvardhana Motherson International Limited | 4.02% | up 0.17 pts | ₹58.5 Cr | up ₹6.3 Cr | Added |
| Honeywell Automation India Limited | 3.87% | up 0.31 pts | ₹56.3 Cr | up ₹8 Cr | Added |
| FSN E-Commerce Ventures Limited | 3.61% | up 0.06 pts | ₹52.4 Cr | up ₹4.4 Cr | Added |
| Eternal Limited | 3.39% | down 0.04 pts | ₹49.3 Cr | up ₹2.8 Cr | Added |
| ICICI Bank Limited | 3.36% | up 0.33 pts | ₹48.9 Cr | up ₹7.9 Cr | Added |
| Axis Bank Limited | 3.33% | up 0.89 pts | ₹48.4 Cr | up ₹15.4 Cr | Added |
| Tejas Networks Limited | 3.20% | up 1.23 pts | ₹46.6 Cr | up ₹19.9 Cr | Added |
| HDFC Bank Limited | 3.14% | down 0.07 pts | ₹45.6 Cr | up ₹2.2 Cr | Added |
| Affle (India) Limited | 3.09% | up <0.01 pts | ₹45 Cr | up ₹3.1 Cr | Added |
| Syngene International Limited | 3.07% | up 0.23 pts | ₹44.6 Cr | up ₹6.2 Cr | Added |
| United Breweries Limited | 2.98% | up 0.25 pts | ₹43.3 Cr | up ₹6.4 Cr | Added |
| Apollo Hospitals Enterprise Limited | 2.87% | down 0.42 pts | ₹41.8 Cr | down ₹2.9 Cr | Trimmed |
| eMudhra Limited | 2.61% | down 0.19 pts | ₹37.9 Cr | up ₹6 L | Held |
| Siemens Limited | 2.41% | up 0.03 pts | ₹35.1 Cr | up ₹2.8 Cr | Added |
| Kotak Mahindra Bank Limited | 2.40% | down 0.04 pts | ₹34.9 Cr | up ₹1.9 Cr | Added |
| ZF Commercial Vehicle Control Systems India Limited | 2.34% | up 0.11 pts | ₹34 Cr | up ₹3.9 Cr | Added |
| Bosch Limited | 2.30% | down 0.23 pts | ₹33.4 Cr | down ₹77 L | Trimmed |
| Timken India Limited | 2.29% | up 0.88 pts | ₹33.3 Cr | up ₹14.2 Cr | Added |
| Motherson Sumi Wiring India Limited | 2.26% | down 0.06 pts | ₹32.8 Cr | up ₹1.4 Cr | Added |
| Restaurant Brands Asia Limited | 2.25% | up 0.17 pts | ₹32.8 Cr | up ₹4.6 Cr | Added |
| Delhivery Limited | 2.16% | down 0.14 pts | ₹31.4 Cr | up ₹24 L | Added |
| Hero MotoCorp Limited | 2.05% | down 0.24 pts | ₹29.9 Cr | down ₹1.2 Cr | Trimmed |
| Avenue Supermarts Limited | 1.98% | down 0.11 pts | ₹28.8 Cr | up ₹49 L | Added |
| Bharat Dynamics Limited | 1.90% | up 0.09 pts | ₹27.7 Cr | up ₹3.2 Cr | Added |
| Sanofi India Limited | 1.90% | down 0.09 pts | ₹27.7 Cr | up ₹70 L | Added |
| ICICI Lombard General Insurance Company Limited | 1.89% | down 0.11 pts | ₹27.5 Cr | up ₹42 L | Added |
| Tata Motors Limited | 1.73% | down 0.10 pts | ₹25.2 Cr | up ₹38 L | Added |
| TVS Motor Company Limited | 1.61% | down 0.20 pts | ₹23.5 Cr | down ₹1 Cr | Trimmed |
| Tata Consumer Products Limited | 1.58% | down 0.10 pts | ₹22.9 Cr | up ₹25 L | Added |
| Bajaj Finance Limited | 1.57% | down 0.19 pts | ₹22.8 Cr | down ₹1.1 Cr | Trimmed |
| Bayer Cropscience Limited | 1.51% | down 0.04 pts | ₹22 Cr | up ₹1 Cr | Added |
| Sapphire Foods India Limited | 1.48% | down 0.27 pts | ₹21.5 Cr | down ₹2.2 Cr | Trimmed |
| Kirloskar Oil Engines Limited | 1.41% | up 0.14 pts | ₹20.4 Cr | up ₹3.3 Cr | Added |
| Hindustan Unilever Limited | 0.77% | down 0.07 pts | ₹11.2 Cr | down ₹17 L | Trimmed |
| One 97 Communications Limited | 0.73% | down 0.12 pts | ₹10.6 Cr | down ₹86 L | Trimmed |
What changed, Mar 2024 to Apr 2024
New New positions (0)
None.
Exited Exited (1)
- State Bank of Indiawas 0.6% · ₹7.5 Cr
Added Biggest additions
- Tejas Networks Limitedup ₹19.9 Cr (+1.23% pts)
- Axis Bank Limitedup ₹15.4 Cr (+0.89% pts)
- Timken India Limitedup ₹14.2 Cr (+0.88% pts)
- Honeywell Automation India Limitedup ₹8 Cr (+0.31% 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 Mar 2024, the weight rose most in Telecom - Equipment & Accessories (+1.3 pts) and Industrial Products (+1.0 pts), and fell most in Retailing (−0.9 pts) and Automobiles (−0.6 pts).
- Telecom - Equipment & Accessories2.1% → 3.3%+1.3 pts
- Industrial Products2.8% → 3.9%+1.0 pts
- Banks12.3% → 12.7%+0.4 pts
- Industrial Manufacturing3.8% → 4.0%+0.3 pts
- Beverages2.9% → 3.1%+0.2 pts
- Retailing14.6% → 13.7%−0.9 pts
- Automobiles6.3% → 5.6%−0.6 pts
- Healthcare Services6.5% → 6.2%−0.3 pts
- IT - Services6.2% → 5.9%−0.3 pts
- Transport Services2.4% → 2.3%−0.2 pts
- Leisure Services4.0% → 3.9%−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 | Oct 2023 | Jan 2024 | Mar 2024 | Apr 2024 |
|---|---|---|---|---|
| Retailing | 17.0% | 14.6% | 14.6% | 13.7% |
| Banks | 12.1% | 12.0% | 12.3% | 12.7% |
| Auto Components | 11.6% | 10.3% | 11.5% | 11.4% |
| Healthcare Services | 3.9% | 6.0% | 6.5% | 6.2% |
| IT - Services | 3.6% | 5.2% | 6.2% | 5.9% |
| Finance | 7.6% | 5.6% | 5.9% | 5.9% |
| Automobiles | 8.2% | 8.3% | 6.3% | 5.6% |
| Diversified | 3.6% | 3.1% | 4.9% | 4.8% |
| Industrial Manufacturing | 3.0% | 3.4% | 3.8% | 4.0% |
| Leisure Services | 4.3% | 4.0% | 4.0% | 3.9% |
Allocation in Apr 2024change vs Mar 2024
- Retailing (4)13.7%▼ 0.9 pts
- Banks (4)12.7%
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, Apr 2024
4.1%
▼ 1.2 pts vs Mar 2024
- Cash alone
- 4.1%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 4.1% – 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.