What stocks does Nippon India Flexi Cap Fund hold?

Nippon India Flexi Cap Fund holds a portfolio of Indian equity stocks disclosed monthly by Nippon India Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Nippon India Flexi Cap Fund?

Nippon India Flexi Cap Fund is managed by Nippon India Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Nippon India Flexi Cap Fund?

Nippon India Flexi Cap Fund is classified as a Flexi Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is Nippon India Flexi Cap Fund portfolio data updated?

Portfolio holdings for Nippon India Flexi Cap Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option

Flexi Cap Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹9,191.34 Cr

Equity only, excl. debt & cash

Top 5 Weight

23.3%

Diversified

Top 10 Weight

33.6%

Diversified

Changes

3 new · 1 exits

Top Sector

Banks

20.9% of portfolio

📋 What Happened This Month Nippon India Flexi Cap Fund made 3 new additions and exited 1 stock this month. The biggest new buy was Ambuja Cements Limited (Cement & Cement Products) at 0.37% weight. Power Finance Corporation Limited was the biggest exit (Finance), which was held at 0.20%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 6.64% of the portfolio. ITC Limited was trimmed the most, now at 0.21%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 20.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option

+2.65%

+12.60%

-0.81%

+1.25%

Latest NAV

₹17.81

24 Jun 2026

52W High

₹18.25

-2% from High

52W Low

₹15.04

+18% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+3.9%

2024

+16.9%

2023

+34.9%

2022

+0.7%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

15.6%

+ve in 84% windows

50.0% / -7.0%

3Y Rolling Avg

17.2% p.a.

+ve in 100% windows

23.3% / 10.7%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-19.6%

Rec: not yet

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-18.0%

Rec: Jun 2023 (1yr 5mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.66

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.91

Penalises downside volatility only.

Std Deviation (3Y)

14.3%

Lower = more consistent returns.

NAV Chart ₹17.81 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹17.81

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	20.2%	20.3%	● +0.0%
Retailing	7.3%	7.6%	▲ +0.4%
Petroleum Products	5.3%	5.1%	▼ -0.2%
IT - Software	6.0%	5.0%	▼ -1.0%
Finance	4.2%	4.7%	▲ +0.6%
Pharmaceuticals & Biotechnology	5.0%	4.7%	▼ -0.4%
Consumer Durables	3.6%	4.6%	▲ +1.0%
Automobiles	4.1%	3.9%	▼ -0.2%
Electrical Equipment	3.1%	3.5%	▲ +0.4%
Power	3.1%	3.4%	▲ +0.3%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	20.3%	20.9%	▲ +0.7%
Retailing	7.6%	7.4%	▼ -0.2%
IT - Software	5.0%	4.8%	▼ -0.2%
Petroleum Products	5.1%	4.8%	▼ -0.3%
Pharmaceuticals & Biotechnology	4.7%	4.8%	▲ +0.1%
Consumer Durables	4.6%	4.7%	● +0.1%
Electrical Equipment	3.5%	4.0%	▲ +0.5%
Automobiles	3.9%	3.9%	● -0.1%
Finance	4.7%	3.8%	▼ -1.0%
Telecom - Services	3.3%	3.6%	▲ +0.3%

🟢

Biggest New Buy

Ambuja Cements Limited

0.37% weight · Cement & Cement Products

🔴

Biggest Exit

Power Finance Corporation Limited

0.20% was held · Finance

↑

Biggest Add

ICICI Bank Limited

+1.08% · now 6.64%

↓

Biggest Trim

ITC Limited

-1.02% · now 0.21%

🤝 Other funds also bought this month

Titan Company Limited 27 funds

Ambuja Cements Limited 16 funds

Honeywell Automation India Limited 10 funds

👋 Other funds also exited

Power Finance Corporation Limited 13 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 3 New Entries 🔴 1 Exit ↑ 36 Increased ↓ 40 Decreased

#	Stock	Sector	Weight (May 2026)
1	Ambuja Cements Limited ₹34.63 Cr	Cement & Cement Products	0.37%
2	Titan Company Limited ₹20.37 Cr	Consumer Durables	0.22%
3	Honeywell Automation India Limited ₹17.52 Cr	Industrial Manufacturing	0.19%

#	Stock	Sector	Last Weight (Apr 2026)
1	Power Finance Corporation Limited ₹18.29 Cr	Finance	0.20%

#	Stock	Sector	Apr 2026	May 2026	Change
1	ICICI Bank Limited ₹618.97 Cr	Banks	5.56%	6.64%	+1.08%
2	Tata Communications Limited ₹66.27 Cr	Telecom - Services	0.32%	0.71%	+0.39%
3	Samvardhana Motherson International Limited ₹187.53 Cr	Auto Components	1.68%	2.01%	+0.33%
4	Siemens Energy India Limited ₹166.72 Cr	Electrical Equipment	1.52%	1.79%	+0.27%
5	Vedanta Limited ₹101.96 Cr	Diversified Metals	0.84%	1.09%	+0.25%
6	Bharat Heavy Electricals Limited ₹145.86 Cr	Electrical Equipment	1.33%	1.56%	+0.23%
7	Coforge Limited ₹116.27 Cr	IT - Software	1.05%	1.25%	+0.20%
8	PB Fintech Limited ₹82.73 Cr	Financial Technology (Fintech)	0.69%	0.89%	+0.20%
9	Kirloskar Oil Engines Limited ₹153.03 Cr	Industrial Products	1.45%	1.64%	+0.19%
10	KFin Technologies Limited ₹54.36 Cr	Capital Markets	0.48%	0.58%	+0.10%
11	Mankind Pharma Limited ₹163.54 Cr	Pharmaceuticals & Biotechnology	1.66%	1.75%	+0.09%
12	Finolex Cables Limited ₹59.42 Cr	Industrial Products	0.56%	0.64%	+0.08%
13	JB Chemicals & Pharmaceuticals Limited ₹114.54 Cr	Pharmaceuticals & Biotechnology	1.16%	1.23%	+0.07%
14	Asian Paints Limited ₹80.15 Cr	Consumer Durables	0.79%	0.86%	+0.07%
15	Aditya Birla Sun Life AMC Limited ₹121.85 Cr	Capital Markets	1.25%	1.31%	+0.06%
16	Tube Investments of India Limited ₹94.24 Cr	Auto Components	0.95%	1.01%	+0.06%
17	Axis Bank Limited ₹377.62 Cr	Banks	4.00%	4.05%	+0.05%
18	Hindustan Petroleum Corporation Limited ₹100.95 Cr	Petroleum Products	1.03%	1.08%	+0.05%
19	Angel One Limited ₹47.58 Cr	Capital Markets	0.47%	0.51%	+0.04%
20	Cyient Limited ₹31.02 Cr	IT - Services	0.29%	0.33%	+0.04%
21	Larsen & Toubro Limited ₹263.42 Cr	Construction	2.79%	2.82%	+0.03%
22	Radico Khaitan Limited ₹141.17 Cr	Beverages	1.48%	1.51%	+0.03%
23	Varun Beverages Limited ₹129.82 Cr	Beverages	1.36%	1.39%	+0.03%
24	InterGlobe Aviation Limited ₹127.27 Cr	Transport Services	1.33%	1.36%	+0.03%
25	Dixon Technologies (India) Limited ₹67.61 Cr	Consumer Durables	0.70%	0.73%	+0.03%
26	Apollo Hospitals Enterprise Limited ₹48.92 Cr	Healthcare Services	0.49%	0.52%	+0.03%
27	Eternal Limited ₹149.39 Cr	Retailing	1.58%	1.60%	+0.02%
28	Trent Limited ₹104.61 Cr	Retailing	1.10%	1.12%	+0.02%
29	Crompton Greaves Consumer Electricals Limited ₹76.39 Cr	Consumer Durables	0.80%	0.82%	+0.02%
30	Somany Ceramics Ltd ₹29.12 Cr	Consumer Durables	0.29%	0.31%	+0.02%
31	Tech Mahindra Limited ₹101.63 Cr	IT - Software	1.08%	1.09%	+0.01%
32	Happy Forgings Limited ₹55.15 Cr	Industrial Products	0.58%	0.59%	+0.01%
33	One 97 Communications Limited ₹52.07 Cr	Financial Technology (Fintech)	0.55%	0.56%	+0.01%
34	Info Edge (India) Limited ₹47.24 Cr	Retailing	0.50%	0.51%	+0.01%
35	MedPlus Health Services Limited ₹40.28 Cr	Retailing	0.42%	0.43%	+0.01%
36	Niva Bupa Health Insurance Company Limited ₹18.39 Cr	Insurance	0.19%	0.20%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	ITC Limited ₹19.61 Cr	Diversified FMCG	1.23%	0.21%	-1.02%
2	Bajaj Finance Limited ₹169.48 Cr	Finance	2.58%	1.82%	-0.76%
3	Kaynes Technology India Limited ₹83.78 Cr	Industrial Manufacturing	1.54%	0.90%	-0.64%
4	Reliance Industries Limited ₹347.95 Cr	Petroleum Products	4.05%	3.73%	-0.32%
5	LTIMindtree Limited ₹40.65 Cr	IT - Software	0.75%	0.44%	-0.31%
6	HDFC Bank Limited ₹565.29 Cr	Banks	6.30%	6.06%	-0.24%
7	State Bank of India ₹184.20 Cr	Banks	2.19%	1.98%	-0.21%
8	Avenue Supermarts Limited ₹113.02 Cr	Retailing	1.37%	1.21%	-0.16%
9	Voltas Limited ₹73.19 Cr	Consumer Durables	0.90%	0.78%	-0.12%
10	Whirlpool of India Limited ₹54.88 Cr	Consumer Durables	0.71%	0.59%	-0.12%
11	Tata Motors Ltd ₹88.97 Cr	Agricultural, Commercial & Construction Vehicles	1.03%	0.95%	-0.08%
12	Bharti Airtel Limited ₹182.36 Cr	Telecom - Services	2.02%	1.96%	-0.06%
13	NTPC Limited ₹176.04 Cr	Power	1.95%	1.89%	-0.06%
14	Swiggy Limited ₹119.40 Cr	Retailing	1.34%	1.28%	-0.06%
15	Devyani International Limited ₹68.86 Cr	Leisure Services	0.80%	0.74%	-0.06%
16	Mahindra & Mahindra Limited ₹224.96 Cr	Automobiles	2.46%	2.41%	-0.05%
17	NTPC Green Energy Limited ₹74.87 Cr	Power	0.85%	0.80%	-0.05%
18	Electronics Mart India Limited ₹37.32 Cr	Retailing	0.44%	0.40%	-0.04%
19	Jindal Steel Limited ₹163.38 Cr	Ferrous Metals	1.78%	1.75%	-0.03%
20	Godrej Consumer Products Limited ₹82.97 Cr	Personal Products	0.92%	0.89%	-0.03%
21	Delhivery Limited ₹69.92 Cr	Transport Services	0.78%	0.75%	-0.03%
22	Coal India Limited ₹54.95 Cr	Consumable Fuels	0.62%	0.59%	-0.03%
23	Zensar Technologies Limited ₹48.91 Cr	IT - Software	0.55%	0.52%	-0.03%
24	Maruti Suzuki India Limited ₹136.15 Cr	Automobiles	1.48%	1.46%	-0.02%
25	Lupin Limited ₹96.38 Cr	Pharmaceuticals & Biotechnology	1.05%	1.03%	-0.02%
26	Bharti Hexacom Limited ₹89.82 Cr	Telecom - Services	0.98%	0.96%	-0.02%
27	Infosys Limited ₹87.72 Cr	IT - Software	0.96%	0.94%	-0.02%
28	Syngene International Limited ₹37.30 Cr	Healthcare Services	0.42%	0.40%	-0.02%
29	CESC Limited ₹27.27 Cr	Power	0.31%	0.29%	-0.02%
30	PG Electroplast Limited ₹20.41 Cr	Consumer Durables	0.24%	0.22%	-0.02%
31	Hindustan Aeronautics Limited ₹137.62 Cr	Aerospace & Defense	1.49%	1.48%	-0.01%
32	UltraTech Cement Limited ₹97.60 Cr	Cement & Cement Products	1.06%	1.05%	-0.01%
33	Vishal Mega Mart Limited ₹82.41 Cr	Retailing	0.89%	0.88%	-0.01%
34	Cholamandalam Investment and Finance Company Ltd ₹74.40 Cr	Finance	0.81%	0.80%	-0.01%
35	Dr. Reddy's Laboratories Limited ₹71.74 Cr	Pharmaceuticals & Biotechnology	0.78%	0.77%	-0.01%
36	Mphasis Limited ₹53.53 Cr	IT - Software	0.58%	0.57%	-0.01%
37	AU Small Finance Bank Limited ₹50.01 Cr	Banks	0.55%	0.54%	-0.01%
38	LG Electronics India Ltd ₹18.32 Cr	Consumer Durables	0.21%	0.20%	-0.01%
39	Awfis Space Solutions Limited ₹15.57 Cr	Commercial Services & Supplies	0.18%	0.17%	-0.01%
40	Vedanta Iron And Steel Limited ₹6.99 Cr	Metals & Minerals Trading	0.08%	0.07%	-0.01%

What Stocks Does This Fund Hold?

91 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹618.97 Cr	Banks	6.64%
2	HDFC Bank Limited ₹565.29 Cr	Banks	6.06%
3	Axis Bank Limited ₹377.62 Cr	Banks	4.05%
4	Reliance Industries Limited ₹347.95 Cr	Petroleum Products	3.73%
5	Larsen & Toubro Limited ₹263.42 Cr	Construction	2.82%
6	Mahindra & Mahindra Limited ₹224.96 Cr	Automobiles	2.41%
7	Samvardhana Motherson International Limited ₹187.53 Cr	Auto Components	2.01%
8	State Bank of India ₹184.20 Cr	Banks	1.98%
9	Bharti Airtel Limited ₹182.36 Cr	Telecom - Services	1.96%
10	NTPC Limited ₹176.04 Cr	Power	1.89%
11	Bajaj Finance Limited ₹169.48 Cr	Finance	1.82%
12	Siemens Energy India Limited ₹166.72 Cr	Electrical Equipment	1.79%
13	Mankind Pharma Limited ₹163.54 Cr	Pharmaceuticals & Biotechnology	1.75%
14	Jindal Steel Limited ₹163.38 Cr	Ferrous Metals	1.75%
15	Kirloskar Oil Engines Limited ₹153.03 Cr	Industrial Products	1.64%
16	Eternal Limited ₹149.39 Cr	Retailing	1.60%
17	Bharat Heavy Electricals Limited ₹145.86 Cr	Electrical Equipment	1.56%
18	Radico Khaitan Limited ₹141.17 Cr	Beverages	1.51%
19	Hindustan Aeronautics Limited ₹137.62 Cr	Aerospace & Defense	1.48%
20	Maruti Suzuki India Limited ₹136.15 Cr	Automobiles	1.46%
21	Varun Beverages Limited ₹129.82 Cr	Beverages	1.39%
22	InterGlobe Aviation Limited ₹127.27 Cr	Transport Services	1.36%
23	Aditya Birla Sun Life AMC Limited ₹121.85 Cr	Capital Markets	1.31%
24	Swiggy Limited ₹119.40 Cr	Retailing	1.28%
25	Coforge Limited ₹116.27 Cr	IT - Software	1.25%
26	JB Chemicals & Pharmaceuticals Limited ₹114.54 Cr	Pharmaceuticals & Biotechnology	1.23%
27	Avenue Supermarts Limited ₹113.02 Cr	Retailing	1.21%
28	Vedanta Aluminium Metal Limited ₹110.87 Cr	Metals & Minerals Trading	1.19%
29	SBI Life Insurance Company Limited ₹105.78 Cr	Insurance	1.13%
30	Trent Limited ₹104.61 Cr	Retailing	1.12%
31	Vedanta Limited ₹101.96 Cr	Diversified Metals	1.09%
32	Tech Mahindra Limited ₹101.63 Cr	IT - Software	1.09%
33	Kotak Mahindra Bank Limited ₹100.62 Cr	Banks	1.08%
34	Hindustan Petroleum Corporation Limited ₹100.95 Cr	Petroleum Products	1.08%
35	UltraTech Cement Limited ₹97.60 Cr	Cement & Cement Products	1.05%
36	Lupin Limited ₹96.38 Cr	Pharmaceuticals & Biotechnology	1.03%
37	Tube Investments of India Limited ₹94.24 Cr	Auto Components	1.01%
38	Bharti Hexacom Limited ₹89.82 Cr	Telecom - Services	0.96%
39	Tata Motors Ltd ₹88.97 Cr	Agricultural, Commercial & Construction Vehicles	0.95%
40	Infosys Limited ₹87.72 Cr	IT - Software	0.94%
41	Kaynes Technology India Limited ₹83.78 Cr	Industrial Manufacturing	0.90%
42	PB Fintech Limited ₹82.73 Cr	Financial Technology (Fintech)	0.89%
43	Godrej Consumer Products Limited ₹82.97 Cr	Personal Products	0.89%
44	Vishal Mega Mart Limited ₹82.41 Cr	Retailing	0.88%
45	Asian Paints Limited ₹80.15 Cr	Consumer Durables	0.86%
46	Crompton Greaves Consumer Electricals Limited ₹76.39 Cr	Consumer Durables	0.82%
47	Cholamandalam Investment and Finance Company Ltd ₹74.40 Cr	Finance	0.80%
48	NTPC Green Energy Limited ₹74.87 Cr	Power	0.80%
49	Voltas Limited ₹73.19 Cr	Consumer Durables	0.78%
50	Dr. Reddy's Laboratories Limited ₹71.74 Cr	Pharmaceuticals & Biotechnology	0.77%
51	Delhivery Limited ₹69.92 Cr	Transport Services	0.75%
52	Devyani International Limited ₹68.86 Cr	Leisure Services	0.74%
53	Dixon Technologies (India) Limited ₹67.61 Cr	Consumer Durables	0.73%
54	Tata Communications Limited ₹66.27 Cr	Telecom - Services	0.71%
55	Finolex Cables Limited ₹59.42 Cr	Industrial Products	0.64%
56	Aptus Value Housing Finance India Limited ₹58.62 Cr	Finance	0.63%
57	Siemens Limited ₹57.11 Cr	Electrical Equipment	0.61%
58	IndusInd Bank Limited ₹54.86 Cr	Banks	0.59%
59	Coal India Limited ₹54.95 Cr	Consumable Fuels	0.59%
60	Whirlpool of India Limited ₹54.88 Cr	Consumer Durables	0.59%
61	Happy Forgings Limited ₹55.15 Cr	Industrial Products	0.59%
62	KFin Technologies Limited ₹54.36 Cr	Capital Markets	0.58%
63	Mphasis Limited ₹53.53 Cr	IT - Software	0.57%
64	One 97 Communications Limited ₹52.07 Cr	Financial Technology (Fintech)	0.56%
65	AU Small Finance Bank Limited ₹50.01 Cr	Banks	0.54%
66	Apollo Hospitals Enterprise Limited ₹48.92 Cr	Healthcare Services	0.52%
67	Zensar Technologies Limited ₹48.91 Cr	IT - Software	0.52%
68	Angel One Limited ₹47.58 Cr	Capital Markets	0.51%
69	Info Edge (India) Limited ₹47.24 Cr	Retailing	0.51%
70	Cholamandalam Financial Holdings Limited ₹46.93 Cr	Finance	0.50%
71	LTIMindtree Limited ₹40.65 Cr	IT - Software	0.44%
72	MedPlus Health Services Limited ₹40.28 Cr	Retailing	0.43%
73	Electronics Mart India Limited ₹37.32 Cr	Retailing	0.40%
74	Syngene International Limited ₹37.30 Cr	Healthcare Services	0.40%
75	Brigade Enterprises Limited ₹35.88 Cr	Realty	0.38%
76	Ambuja Cements Limited ₹34.63 Cr	Cement & Cement Products	0.37%
77	DLF Limited ₹32.35 Cr	Realty	0.35%
78	Cyient Limited ₹31.02 Cr	IT - Services	0.33%
79	Somany Ceramics Ltd ₹29.12 Cr	Consumer Durables	0.31%
80	CESC Limited ₹27.27 Cr	Power	0.29%
81	PG Electroplast Limited ₹20.41 Cr	Consumer Durables	0.22%
82	Titan Company Limited ₹20.37 Cr	Consumer Durables	0.22%
83	ITC Limited ₹19.61 Cr	Diversified FMCG	0.21%
84	Niva Bupa Health Insurance Company Limited ₹18.39 Cr	Insurance	0.20%
85	LG Electronics India Ltd ₹18.32 Cr	Consumer Durables	0.20%
86	Honeywell Automation India Limited ₹17.52 Cr	Industrial Manufacturing	0.19%
87	Awfis Space Solutions Limited ₹15.57 Cr	Commercial Services & Supplies	0.17%
88	Malco Energy Limited ₹10.95 Cr	Power	0.12%
89	Talwandi Sabo Power Limited ₹11.18 Cr	Power	0.12%
90	The Indian Hotels Company Limited ₹8.47 Cr	Leisure Services	0.09%
91	Vedanta Iron And Steel Limited ₹6.99 Cr	Metals & Minerals Trading	0.07%