Nippon India US Equity Opportunities Fund
Nippon India Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
This US-focused fund is heavily concentrated in mega-cap tech and digital platforms, with the top five holdings representing over a third of assets. The manager has doubled down on Alphabet and Amazon while trimming Taiwan Semiconductor, suggesting confidence in AI-driven consumer and cloud narratives over semiconductor cyclicality. The 5.6% cash buffer and concentrated 30-stock portfolio indicate a conviction-driven approach betting on secular growth winners rather than broad market participation.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹44.6979 | — | — | — | — | — | — |
| Regular Growth | ₹39.6922 | +6.36% | +9.44% | +8.84% | +17.97% | +20.06% | +10.76% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
27
Top 5 Weight
36.95%
Top 10 Weight
58.25%
Active Share
—
Large Cap
0.00%
Gini
0.344
What Changed2026-03-31 → 2026-04-30
Holdings: 30 → 30+0 added−0 removed24 weight shifts ≥ 0.1%
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Alphabet Inc A US02079K3059 | 9.77% |
| 2 | Taiwan Semiconductor Sp ADR US8740391003 | 7.97% |
| 3 | Amazon Com Inc US0231351067 | 7.90% |
| 4 | Meta Platforms Registered Shares A US30303M1027 | 6.23% |
| 5 | Triparty Repo | 5.46% |
| 6 | Charles Schwab Corp US8085131055 | 5.08% |
| 7 | Microsoft Corp US5949181045 | 4.89% |
| 8 | Mastercard Incorporated US57636Q1040 | 4.20% |
| 9 | Booking Holdings Inc US09857L1089 | 4.20% |
| 10 | APPLIED MATLS INC COM US0382221051 | 4.07% |
| 11 | Visa Inc US92826C8394 | 3.94% |
| 12 | Cencora Inc US03073E1055 | 3.43% |
| 13 | The Walt Disney Company US2546871060 | 3.41% |
| 14 | Elevance Health Inc US0367521038 | 3.38% |
| 15 | Starbucks ORD US8552441094 | 3.21% |
| 16 | Iqvia Holdings US46266C1053 | 3.21% |
| 17 | QUALCOMM INC US7475251036 | 2.52% |
| 18 | Air Products & Chemicals Inc US0091581068 | 2.17% |
| 19 | AUTODESK INC COM US0527691069 | 2.00% |
| 20 | Diageo Sp ADR Rep 4 Sh US25243Q2057 | 1.97% |
Sector Allocation
Interactive Media & Services16.0%
Semiconductors10.5%
Transaction & Payment Processing Services8.7%
Broadline Retail7.9%
Systems Software6.7%
Application Software5.3%
Investment Banking & Brokerage5.1%
Managed Health Care4.8%
Hotels, Resorts & Cruise Lines4.2%
Semiconductor Materials & Equipment4.1%
Top 10 sectors by % to NAV. Excludes derivatives.