Nippon India MNC Fund
Nippon India Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund remains heavily concentrated in multinational-exposed consumer and industrial businesses, with nearly two-thirds of assets in just ten stocks. Recent portfolio moves—adding five new positions including energy and metals plays while trimming Vedanta Limited—suggest the manager is diversifying away from pure commodity exposure toward higher-margin domestically-positioned franchises. This tactical rebalancing signals conviction in defensive, recurring-revenue businesses even as liquidity positioning tightens slightly.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹10.4954 | — | — | — | — | — | — |
| Regular Growth | ₹10.3863 | +4.11% | -1.77% | -2.88% | — | — | — |
| Direct IDCW | ₹10.4954 | — | — | — | — | — | — |
| Regular IDCW | ₹10.3863 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
38
Top 5 Weight
36.53%
Top 10 Weight
59.29%
Active Share
—
Large Cap
59.29%
Gini
0.488
What Changed2026-03-31 → 2026-04-30
Holdings: 36 → 40+5 added−1 removed18 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Malco Energy Limited** | 0.24% |
| Kansai Nerolac Paints Limited | 4.86% |
| Vedanta Aluminium Metal Limited** | 2.48% |
| Talwandi Sabo Power Limited** | 0.25% |
| Vedanta Iron And Steel Limited** | 0.16% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Nestle India Limited INE239A01024 | 9.77% |
| 2 | Cummins India Limited INE298A01020 | 7.57% |
| 3 | Maruti Suzuki India Limited INE585B01010 | 6.94% |
| 4 | Britannia Industries Limited INE216A01030 | 6.16% |
| 5 | Samvardhana Motherson International Limited INE775A01035 | 6.09% |
| 6 | Hindustan Unilever Limited INE030A01027 | 5.65% |
| 7 | Kansai Nerolac Paints Limited INE531A01024 | 4.86% |
| 8 | Fortis Healthcare Limited INE061F01013 | 4.31% |
| 9 | Infosys Limited INE009A01021 | 4.24% |
| 10 | Hyundai Motor India Ltd INE0V6F01027 | 3.70% |
| 11 | Sai Life Sciences Limited INE570L01029 | 3.20% |
| 12 | LTM Limited INE214T01019 | 3.06% |
| 13 | Escorts Kubota Limited INE042A01014 | 2.91% |
| 14 | Dr. Reddy's Laboratories Limited INE089A01031 | 2.85% |
| 15 | Lupin Limited INE326A01037 | 2.76% |
| 16 | Gujarat Fluorochemicals Limited INE09N301011 | 2.55% |
| 17 | Schaeffler India Limited INE513A01022 | 2.52% |
| 18 | Vedanta Aluminium Metal Limited** INE1CDF01017 | 2.48% |
| 19 | United Spirits Limited INE854D01024 | 2.22% |
| 20 | TBO Tek Limited INE673O01025 | 1.92% |
Sector Allocation
Food Products16.0%
Automobiles10.6%
Auto Components10.1%
Pharmaceuticals & Biotechnology9.9%
IT - Software7.9%
Industrial Products7.6%
Diversified FMCG5.7%
Consumer Durables5.3%
Healthcare Services4.9%
Beverages4.0%
Top 10 sectors by % to NAV. Excludes derivatives.