Nippon India Growth Mid Cap Fund

Nippon India Mutual FundEquityPortfolio as of 31 July 2026

Nippon India Growth Mid Cap Fund holds 104 instruments (98.91% equity), led by The Federal Bank Limited (2.9%), AU Small Finance Bank Limited (2.74%) and BSE Limited (2.73%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

104

Equity Allocation

98.91%

AMC

Nippon India Mutual Fund

Portfolio Analysis

Nippon India Growth Mid Cap Fund's top 10 holdings account for 25.03% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 30.21% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 3 new positions and exited 0 positions, with REC Limited seeing the largest move (+0.51pp to 2.5%).

Top 10 Equity Holdings

The Federal Bank Limited · 2.9%AU Small Finance Bank Limited · 2.74%BSE Limited · 2.73%Info Edge (India) Limited · 2.61%Fortis Healthcare Limited · 2.55%REC Limited · 2.5%ETERNAL LIMITED · 2.38%Bharat Forge Limited · 2.36%Multi Commodity Exchange of India Limited · 2.28%ICICI Bank Limited · 1.98%

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.

3 new entries10 increased10 reduced

New Entries

RBL Bank Limited · 0.67%Piramal Finance Limited · 0.41%GSPL Transmission Limited · 0.08%

Biggest Weight Increases

Stock	Weight	Change
REC Limited	1.99% → 2.5%	▲ +0.51
Info Edge (India) Limited	2.13% → 2.61%	▲ +0.48
Persistent Systems Limited	1.45% → 1.8%	▲ +0.35
Swiggy Limited	0.59% → 0.84%	▲ +0.25
Varun Beverages Limited	1.43% → 1.66%	▲ +0.23
One 97 Communications Limited	1.53% → 1.75%	▲ +0.22
ETERNAL LIMITED	2.21% → 2.38%	▲ +0.17
The Federal Bank Limited	2.75% → 2.9%	▲ +0.15
Mahindra & Mahindra Financial Services Limited	0.67% → 0.8%	▲ +0.13
Jubilant Foodworks Limited	0.85% → 0.97%	▲ +0.12

Biggest Weight Reductions

Stock	Weight	Change
BSE Limited	2.99% → 2.73%	▼ -0.26
InterGlobe Aviation Limited	0.66% → 0.46%	▼ -0.2
Cholamandalam Financial Holdings Limited	1.81% → 1.63%	▼ -0.18
HDFC Asset Management Company Limited	0.7% → 0.53%	▼ -0.17
ITC Hotels Limited	0.67% → 0.53%	▼ -0.14
Max Financial Services Limited	1.58% → 1.45%	▼ -0.13
NLC India Limited	1.17% → 1.04%	▼ -0.13
HDB Financial Services Limited	1.08% → 0.95%	▼ -0.13
Angel One Limited	1.04% → 0.91%	▼ -0.13
Trent Limited	1.07% → 0.95%	▼ -0.12

Top Holdings — Weight Trend

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

The Federal Bank Limited

2.9%

AU Small Finance Bank Limited

2.74%

BSE Limited

2.73%

Info Edge (India) Limited

2.61%

Fortis Healthcare Limited

2.55%

Full Portfolio (104 holdings)

#	Holding	Sector	% to NAV
1	The Federal Bank Limited	Financial Services	2.9%
2	AU Small Finance Bank Limited	Financial Services	2.74%
3	BSE Limited	Financial Services	2.73%
4	Info Edge (India) Limited	Consumer Discretionary	2.61%
5	Fortis Healthcare Limited	Healthcare	2.55%
6	REC Limited	Financial Services	2.5%
7	ETERNAL LIMITED	Consumer Discretionary	2.38%
8	Bharat Forge Limited	Consumer Discretionary	2.36%
9	Multi Commodity Exchange of India Limited	Financial Services	2.28%
10	ICICI Bank Limited	Financial Services	1.98%
11	GE Vernova T&D India Limited	Industrials	1.85%
12	Voltas Limited	Consumer Discretionary	1.81%
13	Persistent Systems Limited	Information Technology	1.8%
14	One 97 Communications Limited	Financial Services	1.75%
15	Mankind Pharma Limited	Healthcare	1.69%
16	Varun Beverages Limited	Consumer Staples	1.66%
17	Cholamandalam Financial Holdings Limited	Financial Services	1.63%
18	Samvardhana Motherson International Limited	Consumer Discretionary	1.54%
19	ICICI Lombard General Insurance Company Limited	Financial Services	1.49%
20	Max Healthcare Institute Limited	Healthcare	1.47%
21	Max Financial Services Limited	Financial Services	1.45%
22	Ashok Leyland Limited	Industrials	1.44%
23	Tube Investments of India Limited	Consumer Discretionary	1.4%
24	Indus Towers Limited	Telecommunication	1.39%
25	Gland Pharma Limited	Healthcare	1.38%
26	NTPC Green Energy Limited	Utilities	1.38%
27	Bharat Heavy Electricals Limited	Industrials	1.36%
28	Alkem Laboratories Limited	Healthcare	1.32%
29	Cummins India Limited	Industrials	1.3%
30	Prestige Estates Projects Limited	Real Estate	1.19%
31	Dixon Technologies (India) Limited	Consumer Discretionary	1.16%
32	The Indian Hotels Company Limited	Consumer Discretionary	1.13%
33	FSN E-Commerce Ventures Limited	Consumer Discretionary	1.1%
34	Indian Bank	Financial Services	1.07%
35	IPCA Laboratories Limited	Healthcare	1.07%
36	Lupin Limited	Healthcare	1.05%
37	APL Apollo Tubes Limited	Industrials	1.04%
38	NLC India Limited	Utilities	1.04%
39	Torrent Power Limited	Utilities	0.98%
40	ZF Commercial Vehicle Control Systems India Limited	Consumer Discretionary	0.97%
41	Jubilant Foodworks Limited	Consumer Discretionary	0.97%
42	NTPC Limited	Utilities	0.96%
43	Balkrishna Industries Limited	Consumer Discretionary	0.95%
44	HDB Financial Services Limited	Financial Services	0.95%
45	Trent Limited	Consumer Discretionary	0.95%
46	Radico Khaitan Limited	Consumer Staples	0.93%
47	Power Finance Corporation Limited	Financial Services	0.93%
48	Angel One Limited	Financial Services	0.91%
49	Sundaram Finance Limited	Financial Services	0.89%
50	CG Power and Industrial Solutions Limited	Industrials	0.87%
51	Triparty Repotreps	—	0.87%
52	Hindustan Petroleum Corporation Limited	Energy	0.85%
53	Swiggy Limited	Consumer Discretionary	0.84%
54	Supreme Industries Limited	Industrials	0.83%
55	Mahindra & Mahindra Financial Services Limited	Financial Services	0.8%
56	Bharat Electronics Limited	Industrials	0.76%
57	Page Industries Limited	Consumer Discretionary	0.76%
58	Vishal Mega Mart Limited	Consumer Discretionary	0.74%
59	Schaeffler India Limited	Consumer Discretionary	0.72%
60	Endurance Technologies Limited	Consumer Discretionary	0.71%
61	United Breweries Limited	Consumer Staples	0.69%
62	RBL Bank Limited	Financial Services	0.67%
63	Carborundum Universal Limited	Industrials	0.65%
64	Dalmia Bharat Limited	Materials	0.64%
65	Blue Star Limited	Consumer Discretionary	0.6%
66	Prudent Corporate Advisory Services Limited	Financial Services	0.55%
67	Union Bank of India	Financial Services	0.54%
68	MphasiS Limited	Information Technology	0.54%
69	Container Corporation of India Limited	Services	0.54%
70	HDFC Asset Management Company Limited	Financial Services	0.53%
71	ITC Hotels Limited	Consumer Discretionary	0.53%
72	Colgate Palmolive (India) Limited	Consumer Staples	0.53%
73	Gujarat Fluorochemicals Limited	Materials	0.52%
74	LG Electronics India Limited	Consumer Discretionary	0.51%
75	Hindustan Aeronautics Limited	Industrials	0.5%
76	Coromandel International Limited	Materials	0.49%
77	InterGlobe Aviation Limited	Services	0.46%
78	Astral Limited	Industrials	0.44%
79	Gujarat Gas Limited	Utilities	0.42%
80	3M India Limited	Diversified	0.41%
81	Piramal Finance Limited	Financial Services	0.41%
82	Sundram Fasteners Limited	Consumer Discretionary	0.4%
83	Timken India Limited	Industrials	0.4%
84	Devyani International Limited	Consumer Discretionary	0.4%
85	Sanofi Consumer Healthcare India Limited	Healthcare	0.4%
86	Bank of India	Financial Services	0.39%
87	Mtar Technologies Limited	Industrials	0.39%
88	NMDC Limited	Materials	0.38%
89	SHREE CEMENT LIMITED	Materials	0.36%
90	JK Cement Limited	Materials	0.32%
91	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.31%
92	GlaxoSmithKline Pharmaceuticals Limited	Healthcare	0.29%
93	Bata India Limited	Consumer Discretionary	0.26%
94	Apar Industries Limited	Industrials	0.25%
95	Deepak Nitrite Limited	Materials	0.21%
96	Restaurant Brands Asia Limited	Consumer Discretionary	0.2%
97	Tata Communications Limited	Telecommunication	0.2%
98	Cash Margin - Derivativesother	—	0.15%
99	Bajaj Housing Finance Limited	Financial Services	0.12%
100	Sanofi India Limited	Healthcare	0.12%
101	GSPL Transmission Limited	Utilities	0.08%
102	Net Current Assetsother	—	0.06%
103	Cash Margin - CCILother	—	0.01%
104	Globsyn Technologies Limited	Industrials	0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, The Federal Bank Limited is 2.9% of Nippon India Growth Mid Cap Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, AU Small Finance Bank Limited is 2.74% of Nippon India Growth Mid Cap Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, BSE Limited is 2.73% of Nippon India Growth Mid Cap Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Info Edge (India) Limited is 2.61% of Nippon India Growth Mid Cap Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Fortis Healthcare Limited is 2.55% of Nippon India Growth Mid Cap 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.