NIPPON INDIA BANKING & FINANCIAL SERVICES FUND

Nippon India Mutual FundThematicPortfolio as of 31 July 2026

NIPPON INDIA BANKING & FINANCIAL SERVICES FUND holds 41 instruments (98.34% equity), led by ICICI Bank Limited (13.92%), HDFC Bank Limited (13.16%) and Axis Bank Limited (8.55%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
41
Equity Allocation
98.34%
AMC
Nippon India Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of NIPPON INDIA BANKING & FINANCIAL SERVICES FUND, managed by Nippon India Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 41 instruments with an equity allocation of 98.34%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

NIPPON INDIA BANKING & FINANCIAL SERVICES FUND's top 10 holdings account for 60.08% of its portfolio, more concentrated than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 98.34% of net assets, spread across 1 sector in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 0 positions, with HDFC Bank Limited seeing the largest move (-0.85pp to 13.16%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry10 increased10 reduced

Biggest Weight Increases

StockWeightChange
HDFC Asset Management Company Limited1.49% → 2.24%▲ +0.75
ICICI Bank Limited13.31% → 13.92%▲ +0.61
Bajaj Finserv Limited2.92% → 3.33%▲ +0.41
SBI Cards and Payment Services Limited2.97% → 3.31%▲ +0.34
IndusInd Bank Limited2.57% → 2.82%▲ +0.25
ICICI Prudential Life Insurance Company Limited1.33% → 1.54%▲ +0.21
PNB Housing Finance Limited1.41% → 1.61%▲ +0.2
One 97 Communications Limited1.14% → 1.34%▲ +0.2
SBI Life Insurance Company Limited3.04% → 3.22%▲ +0.18
Star Health and Allied Insurance Company Limited2% → 2.17%▲ +0.17

Biggest Weight Reductions

StockWeightChange
HDFC Bank Limited14.01% → 13.16%▼ -0.85
Axis Bank Limited9.34% → 8.55%▼ -0.79
ICICI Prudential Asset Management Company Limited2.28% → 1.66%▼ -0.62
HDB Financial Services Limited0.56% → 0.1%▼ -0.46
Power Finance Corporation Limited1.28% → 0.87%▼ -0.41
UTI Asset Management Company Limited1.37% → 1.09%▼ -0.28
ICICI Lombard General Insurance Company Limited0.99% → 0.72%▼ -0.27
Cholamandalam Financial Holdings Limited2.72% → 2.53%▼ -0.19
Angel One Limited1.66% → 1.5%▼ -0.16
L&T Finance Limited1.6% → 1.47%▼ -0.13

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 13.04%, Mar: 13.53%, Apr: 12.75%, May: 12.73%, Jun: 13.31%, Jul: 13.92%
13.92%
Feb: 14.24%, Mar: 13.74%, Apr: 13.04%, May: 12.63%, Jun: 14.01%, Jul: 13.16%
13.16%
Feb: 9.8%, Mar: 9.63%, Apr: 9.18%, May: 9.35%, Jun: 9.34%, Jul: 8.55%
8.55%
Feb: 6.51%, Mar: 6.07%, Apr: 5.96%, May: 5.4%, Jun: 5.49%, Jul: 5.64%
5.64%
Feb: 3.1%, Mar: 3.61%, Apr: 3.53%, May: 3.55%, Jun: 3.61%, Jul: 3.6%
3.6%

Full Portfolio (41 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services13.92%
2HDFC Bank LimitedFinancial Services13.16%
3Axis Bank LimitedFinancial Services8.55%
4State Bank of IndiaFinancial Services5.64%
5Kotak Mahindra Bank LimitedFinancial Services3.6%
6Bajaj Finserv LimitedFinancial Services3.33%
7SBI Cards and Payment Services LimitedFinancial Services3.31%
8SBI Life Insurance Company LimitedFinancial Services3.22%
9IndusInd Bank LimitedFinancial Services2.82%
10Cholamandalam Financial Holdings LimitedFinancial Services2.53%
11HDFC Asset Management Company LimitedFinancial Services2.24%
12Star Health and Allied Insurance Company LimitedFinancial Services2.17%
13Max Financial Services LimitedFinancial Services2.15%
14Equitas Small Finance Bank LimitedFinancial Services2.09%
15Aye Finance LimitedFinancial Services2.01%
16Multi Commodity Exchange of India LimitedFinancial Services1.91%
17Bajaj Finance LimitedFinancial Services1.83%
18AU Small Finance Bank LimitedFinancial Services1.7%
19Kfin Technologies LimitedFinancial Services1.68%
20ICICI Prudential Asset Management Company LimitedFinancial Services1.66%
21PNB Housing Finance LimitedFinancial Services1.61%
22ICICI Prudential Life Insurance Company LimitedFinancial Services1.54%
23Angel One LimitedFinancial Services1.5%
24L&T Finance LimitedFinancial Services1.47%
25Pine Labs LimitedFinancial Services1.38%
26One 97 Communications LimitedFinancial Services1.34%
27Piramal Finance LimitedFinancial Services1.32%
28Sundaram Finance LimitedFinancial Services1.24%
29Triparty Repotreps1.19%
30Aptus Value Housing Finance India LimitedFinancial Services1.15%
31HDFC Life Insurance Company LimitedFinancial Services1.15%
32UTI Asset Management Company LimitedFinancial Services1.09%
33Power Finance Corporation LimitedFinancial Services0.87%
34Poonawalla Fincorp LimitedFinancial Services0.79%
35ICICI Lombard General Insurance Company LimitedFinancial Services0.72%
36Aavas Financiers LimitedFinancial Services0.7%
37Seshaasai Technologies LimitedFinancial Services0.48%
38Net Current Assetsother0.46%
39Union Bank of IndiaFinancial Services0.37%
40HDB Financial Services LimitedFinancial Services0.1%
41Cash Margin - CCILother0.01%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 13.92% of NIPPON INDIA BANKING & FINANCIAL SERVICES FUND's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 13.16% of NIPPON INDIA BANKING & FINANCIAL SERVICES FUND's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 8.55% of NIPPON INDIA BANKING & FINANCIAL SERVICES FUND's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, State Bank of India is 5.64% of NIPPON INDIA BANKING & FINANCIAL SERVICES FUND's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, Kotak Mahindra Bank Limited is 3.6% of NIPPON INDIA BANKING & FINANCIAL SERVICES FUND's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Nippon India Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.