Nippon India Quant Fund
Nippon India Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a heavily concentrated bet on large-cap financials and industrials, with banks alone representing nearly 19% of assets—signaling conviction in domestic consumption and credit cycles. Recent moves show the manager rotating away from diversified Vedanta toward sector-specific plays in power and metals, while trimming cash to near-minimum levels, suggesting increased confidence in near-term market strength. The addition of five new positions hints at tactical sector rebalancing rather than a fundamental portfolio overhaul.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹69.9452 | -1.65% | -6.15% | -4.78% | +0.84% | +16.70% | +15.63% |
| Regular Growth | ₹69.9452 | -1.65% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
39
Top 5 Weight
28.72%
Top 10 Weight
45.45%
Active Share
—
Large Cap
82.57%
Gini
0.319
What Changed2026-03-31 → 2026-04-30
Holdings: 37 → 42+5 added−0 removed26 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Dixon Technologies (India) Limited | 2.84% |
| Vedanta Aluminium Metal Limited** | 1.30% |
| Talwandi Sabo Power Limited** | 0.13% |
| Malco Energy Limited** | 0.13% |
| Vedanta Iron And Steel Limited** | 0.08% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 6.77% |
| 2 | Reliance Industries Limited INE002A01018 | 6.14% |
| 3 | State Bank of India INE062A01020 | 5.44% |
| 4 | Larsen & Toubro Limited INE018A01030 | 5.20% |
| 5 | HDFC Bank Limited INE040A01034 | 5.17% |
| 6 | Bharti Airtel Limited INE397D01024 | 3.71% |
| 7 | Bharat Electronics Limited INE263A01024 | 3.66% |
| 8 | Infosys Limited INE009A01021 | 3.39% |
| 9 | Mahindra & Mahindra Limited INE101A01026 | 3.05% |
| 10 | Bajaj Finance Limited INE296A01032 | 2.92% |
| 11 | NTPC Limited INE733E01010 | 2.85% |
| 12 | Dixon Technologies (India) Limited INE935N01020 | 2.84% |
| 13 | GE Vernova T&D India Limited INE200A01026 | 2.75% |
| 14 | Triparty Repo | 2.71% |
| 15 | Power Finance Corporation Limited INE134E01011 | 2.60% |
| 16 | Power Grid Corporation of India Limited INE752E01010 | 2.42% |
| 17 | Apollo Hospitals Enterprise Limited INE437A01024 | 2.39% |
| 18 | Tech Mahindra Limited INE669C01036 | 2.37% |
| 19 | Cummins India Limited INE298A01020 | 2.35% |
| 20 | TVS Motor Company Limited INE494B01023 | 2.34% |
Sector Allocation
Banks18.9%
Automobiles11.0%
Finance9.8%
Petroleum Products6.1%
IT - Software5.8%
Power5.3%
Construction5.2%
Telecom - Services3.7%
Aerospace & Defense3.7%
Pharmaceuticals & Biotechnology3.3%
Top 10 sectors by % to NAV. Excludes derivatives.