Nippon India Flexi Cap Fund
The manager maintains a pronounced financial sector bias, with banks alone representing over a fifth of the portfolio, signaling conviction in India's banking cycle and credit growth narrative. Recent portfolio reshuffling—introducing real estate and housing finance names while trimming Vedanta—suggests a tactical pivot toward domestic consumption and property plays, though the modest cash position leaves limited dry powder for opportunistic moves. This blend of defensive financial anchors with emerging cyclical exposure indicates positioning for sustained economic expansion without abandoning quality anchors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹17.0735 | — | — | — | — |
| Regular Growth | ₹15.9781 | -0.89% | -2.24% | +13.13% | — |
| Direct IDCW | ₹17.0735 | — | — | — | — |
| Regular IDCW | ₹15.9781 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Asian Paints Limited | 0.79% |
| Aptus Value Housing Finance India Limited | 0.63% |
| Brigade Enterprises Limited | 0.38% |
| DLF Limited | 0.35% |
| Vedanta Aluminium Metal Limited** | 1.19% |
| Talwandi Sabo Power Limited** | 0.12% |
| Malco Energy Limited** | 0.12% |
| Vedanta Iron And Steel Limited** | 0.08% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 6.30% |
| 2 | ICICI Bank Limited INE090A01021 | 5.56% |
| 3 | Reliance Industries Limited INE002A01018 | 4.05% |
| 4 | Axis Bank Limited INE238A01034 | 4.00% |
| 5 | Larsen & Toubro Limited INE018A01030 | 2.79% |
| 6 | Bajaj Finance Limited INE296A01032 | 2.58% |
| 7 | Mahindra & Mahindra Limited INE101A01026 | 2.46% |
| 8 | State Bank of India INE062A01020 | 2.19% |
| 9 | Bharti Airtel Limited INE397D01024 | 2.02% |
| 10 | NTPC Limited INE733E01010 | 1.95% |
| 11 | Jindal Steel Limited INE749A01030 | 1.78% |
| 12 | Samvardhana Motherson International Limited INE775A01035 | 1.68% |
| 13 | Mankind Pharma Limited INE634S01028 | 1.66% |
| 14 | Eternal Limited INE758T01015 | 1.58% |
| 15 | Triparty Repo | 1.57% |
| 16 | Kaynes Technology India Limited INE918Z01012 | 1.54% |
| 17 | Siemens Energy India Limited INE1NPP01017 | 1.52% |
| 18 | Hindustan Aeronautics Limited INE066F01020 | 1.49% |
| 19 | Radico Khaitan Limited INE944F01028 | 1.48% |
| 20 | Maruti Suzuki India Limited INE585B01010 | 1.48% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Nippon India Flexi Cap Fund hold?
Nippon India Flexi Cap Fund holds 89 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 22.70% of NAV.
What is the largest holding in Nippon India Flexi Cap Fund?
The largest position in Nippon India Flexi Cap Fund is HDFC Bank Limited, accounting for 6.30% of NAV in the Banks sector.
Is Nippon India Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.421, Nippon India Flexi Cap Fund is well-diversified. The HHI concentration index is 20,446 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 22.70% of the portfolio.
What is the market cap allocation of Nippon India Flexi Cap Fund?
Based on SEBI's AMFI classification, Nippon India Flexi Cap Fund's equity portfolio is split as: Large Cap: 60.76%, Mid Cap: 21.81%, Small Cap: 12.91%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Nippon India Flexi Cap Fund invest in most?
Nippon India Flexi Cap Fund has the highest allocation to Banks (20.27%), Retailing (7.64%), Petroleum Products (5.08%). The fund is invested across 34 sectors in total.
How actively managed is Nippon India Flexi Cap Fund compared to other Flexi Cap Fund funds?
Nippon India Flexi Cap Fund has an Active Share of 54.03%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Nippon India Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Nippon India Flexi Cap Fund added 8 new stocks (including Asian Paints Limited) and exited 2 stocks (including Stanley Lifestyles Limited). Total holding count increased from 86 to 92 stocks.