Funds/Sectoral / Thematic/Nippon India Taiwan Equity Fund

Nippon India Taiwan Equity Fund

Nippon India Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a concentrated Taiwan tech play heavily tilted toward semiconductors and electronics, with aggressive recent portfolio turnover suggesting the manager is actively rebalancing exposure within the chip ecosystem. The sharp reduction in Triparty Repo and exits of several mid-cap holdings, coupled with MediaTek and other semiconductor specialists entering the top 10, signal conviction in larger, more liquid semiconductor names as valuations shift. The elevated cash position and "Other" allocation suggest tactical positioning ahead of potential volatility in the Taiwan tech sector.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹35.2836	+24.23%	+70.55%	+112.99%	+209.30%	+66.14%	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

26.43%

Top 10 Weight

44.03%

Active Share

—

Large Cap

0.00%

Gini

0.284

What Changed2026-03-31 → 2026-04-30

Holdings: 29 → 34+12 added−7 removed21 weight shifts ≥ 0.1%

Stock	Sector	Weight
MediaTek Incorporation	Semiconductors	4.56%
Aspeed Technology Inc	Semiconductors	3.12%
Macronix International Co Ltd	Semiconductors	3.11%
Browave Corp	Communications Equipment	2.85%
Unimicron Technology Corp	Electronic Components	2.83%
Nanya Technology Corporation	Semiconductors	2.35%
All Ring Tech Co Ltd	Electronic Equipment & Instruments	2.12%
Yageo Corporation	Electronic Components	2.02%
Compeq Manufacturing Co Ltd	Electronic Components	1.76%
Jentech Precision Industrial Co Ltd	Semiconductors	1.66%
Dynapack International Technology Corporation	Electronic Components	1.58%
Co-Tech Development Corp.	Electronic Components	1.18%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	Triparty Repo		CASH_EQUIVALENT	14.97%
2	Chroma Ate TW0002360005	Electronic Equipment & Instruments	EQUITY	5.90%
3	WinWay Technology Co. Ltd TW0006515000	Semiconductor Materials & Equipment	EQUITY	5.76%
4	Mpi Corporation TW0006223001	Semiconductor Materials & Equipment	EQUITY	5.74%
5	MediaTek Incorporation TW0002454006	Semiconductors	OTHER	4.56%
6	Delta Electronics Inc TW0002308004	Electronic Components	EQUITY	4.47%
7	Accton Technology Corporation TW0002345006	Communications Equipment	EQUITY	4.18%
8	Gold Circuit Electronics Ltd TW0002368008	Electronic Components	EQUITY	3.83%
9	GCS Holdings Inc KYG377541019	Semiconductors	EQUITY	3.25%
10	Elite Material Co Ltd TW0002383007	Electronic Components	EQUITY	3.22%
11	Aspeed Technology Inc TW0005274005	Semiconductors	OTHER	3.12%
12	Macronix International Co Ltd TW0002337003	Semiconductors	OTHER	3.11%
13	Browave Corp TW0003163002	Communications Equipment	OTHER	2.85%
14	Unimicron Technology Corp TW0003037008	Electronic Components	OTHER	2.83%
15	Bizlink Holding Inc KYG114741062	Electrical Components & Equipment	EQUITY	2.73%
16	Asia Vital Components Co Ltd TW0003017000	Technology Hardware, Storage & Peripherals	EQUITY	2.72%
17	Nanya Technology Corporation TW0002408002	Semiconductors	OTHER	2.35%
18	Taiwan Semiconductor Manufacturing Co Ltd TW0002330008	Semiconductors	EQUITY	2.22%
19	Fositek Corp TW0006805005	Electronic Components	EQUITY	2.20%
20	All Ring Tech Co Ltd TW0006187008	Electronic Equipment & Instruments	OTHER	2.12%

Sector Allocation

Semiconductors24.2%

Electronic Components23.1%

Semiconductor Materials & Equipment13.9%

Electronic Equipment & Instruments8.0%

Communications Equipment7.0%

Electrical Components & Equipment4.6%

Technology Hardware, Storage & Peripherals4.2%

Top 10 sectors by % to NAV. Excludes derivatives.