Nippon India Power & Infra Fund
Nippon India Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund remains heavily concentrated in infrastructure-linked plays, with power and electrical equipment together representing over 35% of the portfolio—betting on India's energy transition and capex cycle. The manager trimmed NTPC slightly while adding GAIL, signaling a pivot toward diversifying within the infrastructure theme rather than doubling down on pure-play power utilities. This suggests cautious optimism on infrastructure momentum, though the 42% top-10 concentration carries meaningful single-stock risk for a sectoral fund.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹375.9772 | +6.67% | +7.79% | +5.99% | +12.41% | +26.08% | +24.70% |
| Regular Growth | ₹375.9772 | +6.67% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
79
Top 5 Weight
29.63%
Top 10 Weight
41.91%
Active Share
—
Large Cap
52.32%
Gini
0.471
What Changed2026-03-31 → 2026-04-30
Holdings: 82 → 81+4 added−5 removed36 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| GAIL (India) Limited | 0.68% |
| Sona BLW Precision Forgings Limited | 0.63% |
| LIC Housing Finance Limited | 0.50% |
| Krishna Institute Of Medical Sciences Limited | 0.13% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 8.65% |
| 2 | Larsen & Toubro Limited INE018A01030 | 7.01% |
| 3 | NTPC Limited INE733E01010 | 6.81% |
| 4 | NTPC Green Energy Limited INE0ONG01011 | 3.73% |
| 5 | Tata Power Company Limited INE245A01021 | 3.43% |
| 6 | Bharat Heavy Electricals Limited INE257A01026 | 3.18% |
| 7 | CG Power and Industrial Solutions Limited INE067A01029 | 2.29% |
| 8 | Triveni Turbine Limited INE152M01016 | 2.29% |
| 9 | Power Finance Corporation Limited INE134E01011 | 2.27% |
| 10 | UltraTech Cement Limited INE481G01011 | 2.25% |
| 11 | Hindustan Aeronautics Limited INE066F01020 | 2.21% |
| 12 | Bharti Airtel Limited INE397D01024 | 2.08% |
| 13 | Apollo Hospitals Enterprise Limited INE437A01024 | 1.98% |
| 14 | NLC India Limited INE589A01014 | 1.92% |
| 15 | Carborundum Universal Limited INE120A01034 | 1.85% |
| 16 | Samvardhana Motherson International Limited INE775A01035 | 1.74% |
| 17 | Kaynes Technology India Limited INE918Z01012 | 1.68% |
| 18 | Voltas Limited INE226A01021 | 1.64% |
| 19 | Cummins India Limited INE298A01020 | 1.53% |
| 20 | Bharat Forge Limited INE465A01025 | 1.50% |
Sector Allocation
Power20.2%
Electrical Equipment15.4%
Petroleum Products8.8%
Construction8.4%
Auto Components6.3%
Industrial Products5.3%
Aerospace & Defense4.8%
Cement & Cement Products4.5%
Consumer Durables3.7%
Finance3.6%
Top 10 sectors by % to NAV. Excludes derivatives.