Nippon India Focused Fund
The fund maintains a heavily concentrated bet on financial services, with banks alone commanding nearly a quarter of assets, signaling conviction in lending cycle strength and deposit dynamics. The manager has rotated away from energy and diversified consumption plays toward defensive positioning via increased cash and repo holdings, while initiating positions in newer-economy names like Swiggy—suggesting a selective tilt toward higher-growth segments within an otherwise conservative framework. The focused 33-stock portfolio leaves limited room for error, making sector conviction rather than stock picking the dominant return driver.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹117.6746 | -1.02% | -1.59% | +12.92% | +13.07% |
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 |
|---|---|
| Swiggy Limited | 2.07% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 8.64% |
| 2 | Axis Bank Limited INE238A01034 | 6.94% |
| 3 | HDFC Bank Limited INE040A01034 | 5.44% |
| 4 | Infosys Limited INE009A01021 | 4.85% |
| 5 | Hindustan Aeronautics Limited INE066F01020 | 4.35% |
| 6 | Eternal Limited INE758T01015 | 4.22% |
| 7 | Varun Beverages Limited INE200M01039 | 4.01% |
| 8 | Triparty Repo | 3.83% |
| 9 | Siemens Energy India Limited INE1NPP01017 | 3.74% |
| 10 | Bajaj Finserv Limited INE918I01026 | 3.56% |
| 11 | Trent Limited INE849A01020 | 3.55% |
| 12 | SBI Cards and Payment Services Limited INE018E01016 | 3.46% |
| 13 | Reliance Industries Limited INE002A01018 | 3.35% |
| 14 | Syngene International Limited INE398R01022 | 3.22% |
| 15 | State Bank of India INE062A01020 | 3.16% |
| 16 | FSN E-Commerce Ventures Limited INE388Y01029 | 3.03% |
| 17 | NTPC Limited INE733E01010 | 2.87% |
| 18 | Samvardhana Motherson International Limited INE775A01035 | 2.81% |
| 19 | 3M India Limited INE470A01017 | 2.58% |
| 20 | Biocon Limited INE376G01013 | 2.50% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Nippon India Focused Fund hold?
Nippon India Focused Fund holds 30 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.22% of NAV.
What is the largest holding in Nippon India Focused Fund?
The largest position in Nippon India Focused Fund is ICICI Bank Limited, accounting for 8.64% of NAV in the Banks sector.
Is Nippon India Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.263, Nippon India Focused Fund is well-diversified. The HHI concentration index is 38,719 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.22% of the portfolio.
What is the market cap allocation of Nippon India Focused Fund?
Based on SEBI's AMFI classification, Nippon India Focused Fund's equity portfolio is split as: Large Cap: 65.21%, Mid Cap: 17.81%, Small Cap: 10.81%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Nippon India Focused Fund invest in most?
Nippon India Focused Fund has the highest allocation to Banks (24.18%), Retailing (15.06%), Finance (7.02%). The fund is invested across 17 sectors in total.
How actively managed is Nippon India Focused Fund compared to other Focused Fund funds?
Nippon India Focused Fund has an Active Share of 67.42%, classifying it as "Active Stock Picker" among 27 Focused Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Nippon India Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Nippon India Focused Fund added 1 new stock (including Swiggy Limited). Total holding count increased from 32 to 33 stocks.