Funds/Aggressive Hybrid Fund/Nippon India Aggressive Hybrid Fund

Nippon India Aggressive Hybrid Fund

Nippon India Mutual Fund·Aggressive Hybrid Fund·vs Nifty 500 TRI

The fund maintains a classic aggressive hybrid tilt with 77.5% equity exposure anchored by a substantial banking overweight that dominates nearly a quarter of the portfolio. The manager's recent portfolio churn—particularly the significant boost to Triparty Repo and exit from PFC—suggests a shift toward quality large caps while trimming sectoral concentration risks. This positioning balances growth aspirations with defensive ballast through market-leading financial services, though the concentrated top-10 holding at nearly 32% leaves limited diversification benefits.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹102.8299	-0.34%	-3.95%	-4.43%	+0.94%	+12.58%	+12.36%

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

119

Top 5 Weight

19.23%

Top 10 Weight

30.71%

Active Share

—

Large Cap

51.05%

Gini

0.455

What Changed2026-03-31 → 2026-04-30

Holdings: 127 → 122+2 added−7 removed15 weight shifts ≥ 0.1%

Stock	Sector	Weight
Britannia Industries Limited	Food Products	0.27%
Cholamandalam Investment and Finance Company Ltd	Finance	0.24%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	HDFC Bank Limited INE040A01034	Banks	EQUITY	4.82%
2	ICICI Bank Limited INE090A01021	Banks	EQUITY	4.10%
3	Bharti Airtel Limited INE397D01024	Telecom - Services	EQUITY	3.72%
4	Larsen & Toubro Limited INE018A01030	Construction	EQUITY	3.60%
5	Triparty Repo		CASH_EQUIVALENT	3.07%
6	Axis Bank Limited INE238A01034	Banks	EQUITY	2.99%
7	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	2.91%
8	NTPC Limited INE733E01010	Power	EQUITY	2.82%
9	State Bank of India INE062A01020	Banks	EQUITY	1.97%
10	Bajaj Finance Limited INE296A01032	Finance	EQUITY	1.89%
11	Mahindra & Mahindra Limited INE101A01026	Automobiles	EQUITY	1.89%
12	Jindal Steel Limited INE749A01030	Ferrous Metals	EQUITY	1.70%
13	TVS Motor Company Limited INE494B01023	Automobiles	EQUITY	1.46%
14	Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	EQUITY	1.46%
15	Infosys Limited INE009A01021	IT - Software	EQUITY	1.43%
16	Cube Highways Trust-InvIT Fund INE0NR623014	Transport Infrastructure	REIT_INVIT	1.42%
17	SBI Life Insurance Company Limited INE123W01016	Insurance	EQUITY	1.38%
18	Tata Steel Limited INE081A01020	Ferrous Metals	EQUITY	1.37%
19	Lupin Limited INE326A01037	Pharmaceuticals & Biotechnology	EQUITY	1.37%
20	Net Current Assets		CASH_EQUIVALENT	1.37%

Sector Allocation

Banks15.2%

SOVEREIGN4.7%

Power4.3%

Retailing4.3%

IT - Software4.0%

Telecom - Services3.7%

Construction3.6%

Finance3.6%

Automobiles3.4%

Petroleum Products3.1%

Top 10 sectors by % to NAV. Excludes derivatives.