← Nippon India Mutual Fund

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

Equity Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
37
May 2026
Equity Holdings
₹7,305.74 Cr
Equity only, excl. debt & cash
Top 5 Weight
43.7%
High concentration
Top 10 Weight
58.7%
Moderate
Changes
37
1 new · 1 exits
Top Sector
Banks
50.0% of portfolio
📋 What Happened This Month Nippon India Banking & Financial Services Fund made 1 new addition and exited 1 stock this month. The biggest new buy was Pine Labs Limited (Financial Technology (Fintech)) at 1.36% weight. The Federal Bank Limited was the biggest exit (Banks), which was held at 0.92%. Among existing holdings, ICICI Prudential Asset Management Company Limited saw the biggest increase — now at 2.54% of the portfolio. State Bank of India was trimmed the most, now at 5.40%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 50.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 55.7% 51.7% -4.0%
Finance 19.8% 22.1% +2.4%
Insurance 11.2% 11.3% +0.0%
Capital Markets 10.8% 11.2% +0.4%
Financial Technology (Fintech) 1.1% 1.3% +0.3%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 51.7% 50.0% -1.7%
Finance 22.1% 22.0% -0.1%
Insurance 11.3% 11.7% +0.5%
Capital Markets 11.2% 11.7% +0.5%
Financial Technology (Fintech) 1.3% 2.8% +1.4%
🟢
Biggest New Buy
Pine Labs Limited
1.36% weight · Financial Technology (Fintech)
🔴
Biggest Exit
The Federal Bank Limited
0.92% was held · Banks
Biggest Add
ICICI Prudential Asset Management Company Limited
+0.19% · now 2.54%
Biggest Trim
State Bank of India
-0.56% · now 5.40%
🤝 Other funds also bought this month
Pine Labs Limited 14 funds
Pine Labs Limited
Tata Banking And Financial Services Fund-Direct Plan-Growth
ICICI Prudential Innovation Fund - Direct Plan - Growth
HSBC ELSS Tax saver Fund - Direct Growth + more
👋 Other funds also exited
The Federal Bank Limited 9 funds
The Federal Bank Limited
Union Active Momentum Fund - Direct Plan - Growth Option
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
Bandhan Nifty Midcap 150 Index Fund-Direct Plan-Growth + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 1 New Entry 🔴 1 Exit ↑ 20 Increased ↓ 15 Decreased
#StockSectorWeight (May 2026)
1
Pine Labs Limited
₹101.16 Cr
Financial Technology (Fintech) 1.36%
#StockSectorLast Weight (Apr 2026)
1
The Federal Bank Limited
₹68.87 Cr
Banks 0.92%
#StockSectorApr 2026May 2026Change
1
ICICI Prudential Asset Management Company Limited
₹188.95 Cr
Capital Markets 2.35% 2.54% +0.19%
2
KFin Technologies Limited
₹119.53 Cr
Capital Markets 1.43% 1.61% +0.18%
3
Axis Bank Limited
₹695.80 Cr
Banks 9.18% 9.35% +0.17%
4
Star Health And Allied Insurance Company Limited
₹139.80 Cr
Insurance 1.72% 1.88% +0.16%
5
Aye Finance Limited
₹134.03 Cr
Finance 1.64% 1.80% +0.16%
6
Angel One Limited
₹132.01 Cr
Capital Markets 1.62% 1.77% +0.15%
7
Max Financial Services Limited
₹187.07 Cr
Insurance 2.37% 2.51% +0.14%
8
ICICI Prudential Life Insurance Company Limited
₹106.76 Cr
Insurance 1.31% 1.43% +0.12%
9
Equitas Small Finance Bank Limited
₹151.33 Cr
Banks 1.93% 2.03% +0.10%
10
Bajaj Finserv Limited
₹227.55 Cr
Finance 2.98% 3.06% +0.08%
#StockSectorApr 2026May 2026Change
1
State Bank of India
₹401.71 Cr
Banks 5.96% 5.40% -0.56%
2
HDFC Bank Limited
₹939.57 Cr
Banks 13.04% 12.63% -0.41%
3
PNB Housing Finance Limited
₹108.84 Cr
Finance 1.62% 1.46% -0.16%
4
L&T Finance Limited
₹124.65 Cr
Finance 1.78% 1.67% -0.11%
5
SBI Cards and Payment Services Limited
₹243.13 Cr
Finance 3.36% 3.27% -0.09%
6
Power Finance Corporation Limited
₹100.78 Cr
Finance 1.41% 1.35% -0.06%
7
Poonawalla Fincorp Limited
₹50.88 Cr
Finance 0.74% 0.68% -0.06%
8
AU Small Finance Bank Limited
₹124.46 Cr
Banks 1.72% 1.67% -0.05%
9
Bajaj Finance Limited
₹122.49 Cr
Finance 1.69% 1.65% -0.04%
10
Sundaram Finance Limited
₹44.40 Cr
Finance 0.64% 0.60% -0.04%

What Stocks Does This Fund Hold?

37 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹947.19 Cr
Banks
12.73%
2
₹939.57 Cr
Banks
12.63%
3
₹695.80 Cr
Banks
9.35%
4
₹401.71 Cr
Banks
5.40%
5
₹264.06 Cr
Banks
3.55%
6
₹245.17 Cr
Insurance
3.29%
7
₹243.13 Cr
Finance
3.27%
8
₹227.55 Cr
Finance
3.06%
9
₹204.02 Cr
Capital Markets
2.74%
10
₹202.48 Cr
Finance
2.72%
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🏦 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.

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