← Nippon India Mutual Fund

Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option

Equity Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
Share: WhatsApp X
Stocks Held
37
Aug 2026
Equity Holdings
₹7,794.11 Cr
Equity only, excl. debt & cash
AAUM
₹7,305.39 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
44.3%
High concentration
Top 10 Weight
58.5%
Moderate
Changes
40
2 new · 3 exits
Top Sector
Banks
52.6% of portfolio
Launch Date
08 May 2003
10+ year track record

AAUM (Average Assets Under Management) of ₹7,305.39 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Nippon India Banking & Financial Services Fund made 2 new additions and exited 3 stocks this month. The biggest new buy was Life Insurance Corporation Of India (Insurance) at 1.26% weight. Power Finance Corporation Limited was the biggest exit (Finance), which was held at 0.87%. Among existing holdings, Union Bank of India saw the biggest increase — now at 1.76% of the portfolio. SBI Life Insurance Company Limited was trimmed the most, now at 1.66%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 52.6%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 52.1% 51.9% -0.3%
Finance 22.5% 22.3% -0.2%
Insurance 10.8% 11.0% +0.1%
Capital Markets 10.4% 10.1% -0.3%
Financial Technology (Fintech) 3.0% 3.2% +0.2%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 51.9% 52.6% +0.7%
Finance 22.3% 21.6% -0.7%
Capital Markets 10.1% 10.8% +0.7%
Insurance 11.0% 9.8% -1.2%
Financial Technology (Fintech) 3.2% 3.8% +0.6%
🟢
Biggest New Buy
Life Insurance Corporation Of India
1.26% weight · Insurance
🔴
Biggest Exit
Power Finance Corporation Limited
0.87% was held · Finance
Biggest Add
Union Bank of India
+1.39% · now 1.76%
Biggest Trim
SBI Life Insurance Company Limited
-1.56% · now 1.66%
🤝 Other funds also bought this month
Life Insurance Corporation Of India 87 funds
Life Insurance Corporation Of India
quant PSU Fund - Growth Option - Direct Plan
quant BFSI Fund - Growth Option - Direct Plan
ICICI Prudential BSE Insurance ETF + more
Gaja Alternative AMC Limited 17 funds
Gaja Alternative AMC Limited
Invesco India Financial Services Fund
Groww Banking & Financial Services Fund - Direct Plan - Growth
TRUSTMF Flexi Cap Fund-Direct Plan- Growth + more
👋 Other funds also exited
Power Finance Corporation Limited 51 funds
Power Finance Corporation Limited
Kotak Nifty200 Value 30 Index Fund - Direct - Growth
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option
Kotak Multicap Fund-Direct Plan-Growth + more
ICICI Lombard General Insurance Company Limited 30 funds
ICICI Lombard General Insurance Company Limited
DSP Multicap Fund - Direct - Growth
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option
KOTAK NIFTY MIDCAP 50 INDEX FUND-DIRECT PLAN- GROWTH + more
HDB Financial Services Limited 11 funds
HDB Financial Services Limited
Mirae Asset Banking and Financial Services Fund
Mirae Asset Large & Midcap Fund - Direct Plan - Growth
Kotak Midcap Fund - Direct Plan - Growth + more

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
🟢 2 New Entries 🔴 3 Exits ↑ 16 Increased ↓ 19 Decreased
#StockSectorWeight (Aug 2026)
1
Life Insurance Corporation Of India
₹99.66 Cr
Insurance 1.26%
2
Gaja Alternative AMC Limited
₹29.15 Cr
Capital Markets 0.37%
#StockSectorLast Weight (Jul 2026)
1
Power Finance Corporation Limited
₹67.95 Cr
Finance 0.87%
2
ICICI Lombard General Insurance Company Limited
₹55.88 Cr
Insurance 0.72%
3
HDB Financial Services Limited
₹7.42 Cr
Finance 0.10%
#StockSectorJul 2026Aug 2026Change
1
Union Bank of India
₹139.06 Cr
Banks 0.37% 1.76% +1.39%
2
Multi Commodity Exchange of India Limited
₹187.18 Cr
Capital Markets 1.91% 2.37% +0.46%
3
Aye Finance Limited
₹194.86 Cr
Finance 2.01% 2.46% +0.45%
4
PNB Housing Finance Limited
₹159.79 Cr
Finance 1.61% 2.02% +0.41%
5
One 97 Communications Limited
₹133.61 Cr
Financial Technology (Fintech) 1.34% 1.69% +0.35%
6
Axis Bank Limited
₹703.05 Cr
Banks 8.55% 8.89% +0.34%
7
HDFC Asset Management Company Limited
₹200.98 Cr
Capital Markets 2.24% 2.54% +0.30%
8
Pine Labs Limited
₹126.30 Cr
Financial Technology (Fintech) 1.38% 1.60% +0.22%
9
Kotak Mahindra Bank Limited
₹300.83 Cr
Banks 3.60% 3.80% +0.20%
10
Piramal Finance Ltd
₹115.12 Cr
Finance 1.32% 1.46% +0.14%
#StockSectorJul 2026Aug 2026Change
1
SBI Life Insurance Company Limited
₹131.04 Cr
Insurance 3.22% 1.66% -1.56%
2
HDFC Bank Limited
₹969.86 Cr
Banks 13.16% 12.26% -0.90%
3
ICICI Bank Limited
₹1,074.34 Cr
Banks 13.92% 13.58% -0.34%
4
ICICI Prudential Asset Management Company Limited
₹111.51 Cr
Capital Markets 1.66% 1.41% -0.25%
5
UTI Asset Management Company Limited
₹72.47 Cr
Capital Markets 1.09% 0.92% -0.17%
6
Bajaj Finance Limited
₹131.98 Cr
Finance 1.83% 1.67% -0.16%
7
Star Health And Allied Insurance Company Limited
₹159.51 Cr
Insurance 2.17% 2.02% -0.15%
8
SBI Cards and Payment Services Limited
₹251.05 Cr
Finance 3.31% 3.17% -0.14%
9
Cholamandalam Financial Holdings Limited
₹190.13 Cr
Finance 2.53% 2.40% -0.13%
10
Angel One Limited
₹112.28 Cr
Capital Markets 1.50% 1.42% -0.08%

What Stocks Does This Fund Hold?

37 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹1,074.34 Cr
Banks
13.58%
2
₹969.86 Cr
Banks
12.26%
3
₹703.05 Cr
Banks
8.89%
4
₹452.13 Cr
Banks
5.72%
5
₹300.83 Cr
Banks
3.80%
6
₹257.83 Cr
Finance
3.26%
7
₹251.05 Cr
Finance
3.17%
8
₹220.00 Cr
Banks
2.78%
9
₹200.98 Cr
Capital Markets
2.54%
10
₹194.86 Cr
Finance
2.46%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
🏦 Nippon India Mutual Fund — Portfolio & Holdings
See all funds managed by Nippon India Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

Found a discrepancy or have feedback? Contact Us — we read every message personally.