Loading…
Multi Cap · Nippon India Mutual Fund · AMFI code 101161Nippon India Multi Cap Fund
Disclosed for 84 months, Sep 2019 to Aug 2026.Published as: NIPPON INDIA MULTI CAP FUND (Multi Cap Fund - An Open Ended Equity Scheme Investing Across Large Cap, Mid Cap, Small Cap Stocks)
Portfolio value
₹43,483 Cr
up ₹3,222 Cr vs Apr 2025
Nippon India Multi Cap Fund is an active equity fund in the Multi Cap category from Nippon India Mutual Fund. In May 2025 it disclosed 129 stocks worth ₹43,483 Cr, up ₹3,222 Cr from Apr 2025. Its largest positions were HDFC Bank Limited (5.8%), Axis Bank Limited (4.1%), ICICI Bank Limited (3.8%); the ten largest together made up 32.4% of the portfolio, and Banks was the biggest sector at 16.7% of its equity. Cash and debt stood at 1.3%. Compared with Apr 2025 the fund entered 5 new stocks and exited 1.
Against 32 other Multi Cap funds
Concentration
75%
Top-10 weight is higher than 75% of peers
Breadth
94%
Holds more stocks than 94% of peers
Cash
13%
Holds more cash than 13% of peers
What these mean: concentration · cash
Holdings in May 2025
Download CSVEvery line the fund disclosed, with the change against Apr 2025. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 5.81% | down 0.54 pts | ₹2,528 Cr | down ₹31.9 Cr | Trimmed |
| Axis Bank Limited | 4.14% | down 0.30 pts | ₹1,800 Cr | up ₹10.9 Cr | Added |
| ICICI Bank Limited | 3.82% | down 0.25 pts | ₹1,660 Cr | up ₹21.6 Cr | Added |
| GE Vernova T&D India Limited | 3.36% | up 0.82 pts | ₹1,459 Cr | up ₹440 Cr | Added |
| Reliance Industries Limited | 3.29% | down 0.22 pts | ₹1,431 Cr | up ₹16 Cr | Added |
| Linde India Limited | 2.63% | up 0.23 pts | ₹1,144 Cr | up ₹178 Cr | Added |
| Max Financial Services Limited | 2.63% | up 0.03 pts | ₹1,142 Cr | up ₹98.1 Cr | Added |
| Bajaj Finance Limited | 2.38% | down 0.47 pts | ₹1,036 Cr | down ₹111 Cr | Trimmed |
| NTPC Limited | 2.21% | down 0.32 pts | ₹961 Cr | down ₹59.5 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 2.15% | up 0.33 pts | ₹935 Cr | up ₹203 Cr | Added |
| EIH Limited | 2.02% | down 0.17 pts | ₹877 Cr | down ₹2 Cr | Held |
| Larsen & Toubro Limited | 2.01% | up 0.04 pts | ₹876 Cr | up ₹79.6 Cr | Added |
| State Bank of India | 1.98% | down 0.29 pts | ₹861 Cr | down ₹53.8 Cr | Trimmed |
| Tata Power Company Limited | 1.78% | down 0.10 pts | ₹772 Cr | up ₹16.5 Cr | Added |
| Infosys Limited | 1.73% | down 0.06 pts | ₹750 Cr | up ₹30.1 Cr | Added |
| Hitachi Energy India Limited | 1.67% | up 0.31 pts | ₹726 Cr | up ₹179 Cr | Added |
| The Indian Hotels Company Limited | 1.63% | down 0.17 pts | ₹711 Cr | down ₹16.5 Cr | Trimmed |
| HDFC Asset Management Company Limited | 1.55% | up 0.02 pts | ₹675 Cr | up ₹57.7 Cr | Added |
| SBI Cards and Payment Services Limited | 1.43% | down 0.03 pts | ₹622 Cr | up ₹32.1 Cr | Added |
| Cash, TREPS & receivables | 1.27% | down 1.86 pts | ₹551 Cr | down ₹709 Cr | Trimmed |
| ITC Limited | 1.24% | up 1.24 pts | ₹540 Cr | up ₹540 Cr | New |
| Kennametal India Limited | 1.13% | up 0.13 pts | ₹493 Cr | up ₹87.8 Cr | Added |
| Samvardhana Motherson International Limited | 1.06% | up 0.12 pts | ₹459 Cr | up ₹83.5 Cr | Added |
| Voltas Limited | 1.00% | up 0.19 pts | ₹437 Cr | up ₹110 Cr | Added |
| HDFC Life Insurance Company Limited | 0.98% | down 0.03 pts | ₹427 Cr | up ₹18.2 Cr | Added |
| HCL Technologies Limited | 0.98% | down 0.03 pts | ₹426 Cr | up ₹18 Cr | Added |
| Crompton Greaves Consumer Electricals Limited | 0.97% | up 0.16 pts | ₹421 Cr | up ₹94.5 Cr | Added |
| FSN E-Commerce Ventures Limited | 0.97% | down 0.03 pts | ₹420 Cr | up ₹18.4 Cr | Added |
| Aditya Birla Sun Life AMC Limited | 0.93% | up 0.04 pts | ₹404 Cr | up ₹46.3 Cr | Added |
| Vishal Mega Mart Limited | 0.90% | down 0.01 pts | ₹393 Cr | up ₹24.4 Cr | Added |
| Eternal Limited | 0.86% | down 0.05 pts | ₹376 Cr | up ₹9.1 Cr | Added |
| Devyani International Limited | 0.77% | down 0.12 pts | ₹336 Cr | down ₹22.2 Cr | Trimmed |
| Bosch Limited | 0.77% | down 0.01 pts | ₹336 Cr | up ₹20.9 Cr | Added |
| Container Corporation of India Limited | 0.77% | up 0.30 pts | ₹335 Cr | up ₹145 Cr | Added |
| Swiggy Limited | 0.77% | up 0.56 pts | ₹335 Cr | up ₹252 Cr | Added |
| PVR Limited | 0.75% | down 0.02 pts | ₹325 Cr | up ₹14.1 Cr | Added |
| AU Small Finance Bank Limited | 0.72% | down 0.04 pts | ₹315 Cr | up ₹6.6 Cr | Added |
| Delhivery Limited | 0.69% | up 0.05 pts | ₹302 Cr | up ₹44.3 Cr | Added |
| Jubilant Foodworks Limited | 0.68% | down 0.19 pts | ₹294 Cr | down ₹55.5 Cr | Trimmed |
| NTPC Green Energy Limited | 0.67% | up 0.02 pts | ₹291 Cr | up ₹28 Cr | Added |
| KEC International Limited | 0.67% | up 0.06 pts | ₹290 Cr | up ₹46.7 Cr | Added |
| ZF Commercial Vehicle Control Systems India Limited | 0.67% | down 0.01 pts | ₹289 Cr | up ₹18.2 Cr | Added |
| Info Edge (India) Limited | 0.66% | down 0.05 pts | ₹286 Cr | up ₹2.7 Cr | Added |
| Berger Paints (I) Limited | 0.65% | down 0.02 pts | ₹283 Cr | up ₹12 Cr | Added |
| Abbott India Limited | 0.61% | down 0.04 pts | ₹266 Cr | up ₹4.1 Cr | Added |
| Divi's Laboratories Limited | 0.61% | up <0.01 pts | ₹264 Cr | up ₹20.9 Cr | Added |
| One 97 Communications Limited | 0.61% | down 0.03 pts | ₹263 Cr | up ₹7.6 Cr | Added |
| CG Power and Industrial Solutions Limited | 0.60% | up 0.01 pts | ₹260 Cr | up ₹22.7 Cr | Added |
| REC Limited | 0.58% | down 0.07 pts | ₹252 Cr | down ₹11.1 Cr | Trimmed |
| Tata Steel Limited | 0.58% | up 0.03 pts | ₹251 Cr | up ₹32.7 Cr | Added |
What changed, Apr 2025 to May 2025
New New positions (5)
- ITC Limited1.2% · ₹540 Cr
- InterGlobe Aviation Limited0.4% · ₹167 Cr
- PNB Housing Finance Limited0.3% · ₹112 Cr
- Aditya Birla Lifestyle Brands Limited0.2% · ₹76.3 Cr
- Go Fashion India Limited0.1% · ₹39.6 Cr
Exited Exited (1)
- GE Power India Limitedwas <0.1% · ₹34 L
Added Biggest additions
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 Apr 2025, the weight rose most in Diversified FMCG (+1.3 pts) and Electrical Equipment (+1.2 pts), and fell most in Banks (−1.8 pts) and Leisure Services (−0.8 pts).
- Diversified FMCG0.0% → 1.3%new+1.3 pts
- Electrical Equipment6.3% → 7.5%+1.2 pts
- Transport Services1.9% → 2.7%+0.8 pts
- Retailing5.6% → 6.0%+0.4 pts
- Industrial Products2.9% → 3.3%+0.4 pts
- Consumer Durables4.0% → 4.3%+0.3 pts
- Banks18.5% → 16.7%−1.8 pts
- Leisure Services6.8% → 6.0%−0.8 pts
- Power6.1% → 5.5%−0.6 pts
- Finance6.2% → 5.8%−0.4 pts
- Petroleum Products3.6% → 3.3%−0.3 pts
- IT - Software2.9% → 2.7%−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 | May 2022 | May 2024 | Nov 2024 | Feb 2025 | Apr 2025 | May 2025 |
|---|---|---|---|---|---|---|
| Banks | 14.9% | 16.0% | 16.7% | 18.2% | 18.5% | 16.7% |
| Electrical Equipment | 4.6% | 7.1% | 6.6% | 5.9% | 6.3% | 7.5% |
| Retailing | 6.0% | 5.9% | 3.7% | 5.6% | 5.6% | 6.0% |
| Leisure Services | 7.5% | 7.4% | 7.2% | 6.9% | 6.8% | 6.0% |
| Finance | 10.0% | 5.4% | 5.7% | 7.0% | 6.2% | 5.8% |
| Power | — | 4.8% | 5.2% | 6.0% | 6.1% | 5.5% |
| Auto Components | 2.2% | 5.6% | 5.3% | 4.8% | 4.7% | 4.8% |
| Insurance | 1.8% | 2.4% | 3.4% | 3.9% | 4.5% | 4.4% |
| Pharmaceuticals & Biotechnology | 3.5% | 5.4% | 5.3% | 4.8% | 4.4% | 4.4% |
| Consumer Durables | 1.0% | 3.1% | 3.9% | 4.0% | 4.0% | 4.3% |
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, May 2025
1.3%
▼ 1.9 pts vs Apr 2025
- Cash alone
- 1.3%
- cash and net receivables
- A year earlier
- 1.5%
- May 2024 · now ▼ 0.2 pts
- Last 12 months
- 0.9% – 3.1%
- lowest to highest · record 3.1% in Apr 2025
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.