LoadingMutual fund
Nippon India Mutual Fund · Equity
Reduced
Exited
ICICI Bank Ltd.
was 4.0% of the portfolio
−₹674 cr
No holdings were increased between July 2026 and August 2026.
Fund Quality
Fund Quality does not rate this category yet.
Reducing Financial Services exposure.
Sector allocation, Feb 2026 → Aug 2026
Allocation change, Feb 2026 → Aug 2026, the same range as Capital Rotation.
Stocks this fund has persistently increased or reduced across its recent disclosures.
See where this fund has shifted portfolio exposure and which holdings drove those changes.
Disclosed holdings for August 2026. Change columns use share quantities, with earlier quantities adjusted when a corporate action has a usable ratio.
Upgrade the plan to view this stock.BlueStone Jewellery and Lifestyle LimitedBLUESTONE | Consumer Durables | +₹12.0 L0.0% shares | 1.00M | 0.5% | +₹81.8 cr | Unchanged |
Upgrade the plan to view this stock.Vedanta Aluminium Metal LimitedVAML | Metals & Mining | −₹3.4 cr0.0% shares | 1.81M | 0.4% | +₹78.7 cr | Unchanged |
Upgrade the plan to view this stock.Kansai Nerolac Paints LimitedKANSAINER | Consumer Durables | −₹78.6 L0.0% shares | 2.00M | 0.2% | +₹38.6 cr | Unchanged |
Upgrade the plan to view this stock.SBI Funds Management LimitedSBIFUNDS | Financial Services | −₹73.1 L0.0% shares | 627.17K | 0.2% | +₹36.2 cr | Unchanged |
Upgrade the plan to view this stock.PTC India LimitedPTC | Power | −₹5.4 cr0.0% shares | 2.20M | 0.2% | +₹33.2 cr | Unchanged |
Upgrade the plan to view this stock.Sanofi Consumer Healthcare India LimitedSANOFICONR | Healthcare | −₹3.6 cr0.0% shares | 76.33K | 0.2% | +₹31.6 cr | Unchanged |
Upgrade the plan to view this stock.Cyient DLM LimitedCYIENTDLM | Capital Goods | +₹5.5 cr0.0% shares | 320.56K | 0.1% | +₹27.0 cr | Unchanged |
Upgrade the plan to view this stock.Max Estates LimitedMAXESTATES | Realty | +₹6.2 cr0.0% shares | 519.87K | 0.1% | +₹26.6 cr | Unchanged |
Upgrade the plan to view this stock.Teamlease Services LimitedTEAMLEASE | Services | +₹1.0 cr0.0% shares | 212.13K | 0.1% | +₹27.2 cr | Unchanged |
Upgrade the plan to view this stock.Arvind Fashions LimitedARVINDFASN | Consumer Services | +₹14.2 L0.0% shares | 568.96K | 0.1% | +₹25.7 cr | Unchanged |
Upgrade the plan to view this stock.Thomas Cook (India) LimitedTHOMASCOOK | Consumer Services | +₹78.6 L0.0% shares | 2.15M | 0.1% | +₹23.2 cr | Unchanged |
Upgrade the plan to view this stock.Alkem Laboratories Ltd.ALKEM | Healthcare | −₹30.5 cr−100.0% shares | 0 | — | ₹0 | Exited |
Apollo Hospitals Enterprise Ltd.APOLLOHOSP | Healthcare | −₹62.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Consumer Services | −₹36.7 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Axis Bank Ltd.AXISBANK | Financial Services | −₹317 cr−100.0% shares | 0 | — | ₹0 | Exited |
Bajaj Auto Ltd.BAJAJ-AUTO | Automobile and Auto Components | −₹185 cr−100.0% shares | 0 | — | ₹0 | Exited |
Bajaj Finance Ltd.BAJFINANCE | Financial Services | −₹86.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Bajaj Finserv Ltd.BAJAJFINSV | Financial Services | −₹128 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Bharat Dynamics Ltd.BDL | Capital Goods | −₹82.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Bharti Airtel Ltd.BHARTIARTL | Telecommunication | −₹124 cr−100.0% shares | 0 | — | ₹0 | Exited |
Britannia Industries Ltd.BRITANNIA | Fast Moving Consumer Goods | −₹46.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Coforge Ltd.COFORGE | Information Technology | −₹60.4 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Delhivery Ltd.DELHIVERY | Services | −₹49.5 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Devyani International Ltd.DEVYANI | Consumer Services | −₹81.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Dixon Technologies (India) Ltd.DIXON | Consumer Durables | −₹127 cr−100.0% shares | 0 | — | ₹0 | Exited |
DLF Ltd.DLF | Realty | −₹26.4 cr−100.0% shares | 0 | — | ₹0 | Exited |
Eternal Ltd.ETERNAL | Consumer Services | −₹281 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.FSN E-Commerce Ventures Ltd.NYKAA | Consumer Services | −₹66.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Oil Gas & Consumable Fuels | −₹31.0 cr−100.0% shares | 0 | — | ₹0 | Exited | |
| Capital Goods | −₹75.6 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Global Health Ltd.MEDANTA | Healthcare | −₹33.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Grasim Industries Ltd.GRASIM | Construction Materials | −₹55.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹68.0 cr−100.0% shares | 0 | — | ₹0 | Exited | |
HDFC Bank Ltd.HDFCBANK | Financial Services | −₹416 cr−100.0% shares | 0 | — | ₹0 | Exited |
HDFC Life Insurance Company Ltd.HDFCLIFE | Financial Services | −₹65.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Capital Goods | −₹243 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Hindustan Petroleum Corporation Ltd.HINDPETRO | Oil Gas & Consumable Fuels | −₹40.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Hindustan Unilever Ltd.HINDUNILVR | Fast Moving Consumer Goods | −₹226 cr−100.0% shares | 0 | — | ₹0 | Exited |
ICICI Bank Ltd.ICICIBANK | Financial Services | −₹674 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹55.2 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Info Edge (India) Ltd.NAUKRI | Consumer Services | −₹257 cr−100.0% shares | 0 | — | ₹0 | Exited |
Infosys Ltd.INFY | Information Technology | −₹276 cr−100.0% shares | 0 | — | ₹0 | Exited |
InterGlobe Aviation Ltd.INDIGO | Services | −₹99.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
ITC Ltd.ITC | Fast Moving Consumer Goods | −₹93.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Jindal Steel Ltd.JINDALSTEL | Metals & Mining | −₹82.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.JSW Cement Ltd.JSWCEMENT | Construction Materials | −₹27.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Jubilant Foodworks Ltd.JUBLFOOD | Consumer Services | −₹131 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Kaynes Technology India Ltd.KAYNES | Capital Goods | −₹40.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
Kfin Technologies Ltd.KFINTECH | Financial Services | −₹57.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Kirloskar Oil Eng Ltd.KIRLOSENG | Capital Goods | −₹65.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Kotak Mahindra Bank Ltd.KOTAKBANK | Financial Services | −₹195 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.L&T Finance Ltd.LTF | Financial Services | −₹55.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Automobile and Auto Components | −₹299 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Mankind Pharma Ltd.MANKIND | Healthcare | −₹63.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Max Financial Services Ltd.MFSL | Financial Services | −₹41.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Mazagoan Dock Shipbuilders Ltd.MAZDOCK | Capital Goods | −₹34.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Muthoot Finance Ltd.MUTHOOTFIN | Financial Services | −₹45.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.NLC India Ltd.NLCINDIA | Power | −₹35.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
NTPC Green Energy Ltd.NTPCGREEN | Power | −₹53.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
NTPC Ltd.NTPC | Power | −₹194 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Oil Gas & Consumable Fuels | −₹158 cr−100.0% shares | 0 | — | ₹0 | Exited | |
| Financial Services | −₹37.8 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Persistent Systems Ltd.PERSISTENT | Information Technology | −₹27.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
Piramal Finance Ltd.PIRAMALFIN | Financial Services | −₹31.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹76.8 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Prestige Estates Projects Ltd.PRESTIGE | Realty | −₹30.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.RBL Bank Ltd.RBLBANK | Financial Services | −₹62.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Reliance Industries Ltd.RELIANCE | Oil Gas & Consumable Fuels | −₹270 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Sai Life Sciences Ltd.SAILIFE | Healthcare | −₹41.5 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Automobile and Auto Components | −₹139 cr−100.0% shares | 0 | — | ₹0 | Exited | |
| Financial Services | −₹35.4 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Shriram Finance Ltd.SHRIRAMFIN | Financial Services | −₹102 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Capital Goods | −₹132 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.SRF Ltd.SRF | Chemicals | −₹31.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹327 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Sun Pharmaceutical Industries Ltd.SUNPHARMA | Healthcare | −₹139 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Swiggy Ltd.SWIGGY | Consumer Services | −₹166 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Tata Consumer Products Ltd.TATACONSUM | Fast Moving Consumer Goods | −₹102 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.TBO Tek Ltd.TBOTEK | Consumer Services | −₹46.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
Tech Mahindra Ltd.TECHM | Information Technology | −₹72.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
Titan Company Ltd.TITAN | Consumer Durables | −₹155 cr−100.0% shares | 0 | — | ₹0 | Exited |
Trent Ltd.TRENT | Consumer Services | −₹257 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Tube Investments of India Ltd.TIINDIA | Automobile and Auto Components | −₹61.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
UltraTech Cement Ltd.ULTRACEMCO | Construction Materials | −₹40.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
United Spirits Ltd.UNITDSPR | Fast Moving Consumer Goods | −₹68.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Fast Moving Consumer Goods | −₹195 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Vedanta Ltd.VEDL | Metals & Mining | −₹47.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Vishal Mega Mart Ltd.VMM | Consumer Services | −₹24.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.ZF Commercial Vehicle Control Systems India Ltd.ZFCVINDIA | Automobile and Auto Components | −₹73.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
See where this fund has shifted portfolio exposure and which holdings drove those changes.
Over the last 6 months, Financial Services saw the fund's largest allocation reduction (−17.9 pp).
Sectors with the largest changes in portfolio allocation over the selected period.
Information Technology −3.3 pp · Power −3.2 pp · Fast Moving Consumer Goods −2.9 pp · Consumer Durables −2.2 pp · Healthcare −1.9 pp · Metals & Mining −1.2 pp · Construction Materials −0.9 pp · Telecommunication −0.9 pp · Construction −0.8 pp · Services −0.8 pp · Chemicals −0.5 pp · Realty −0.4 pp
See which holdings gained or lost exposure within the selected sector.
Within Financial Services, SBI Funds Management Limited (new position) saw the largest disclosed position increase, while ICICI Bank Ltd. (exit) and HDFC Bank Ltd. (exit) were the largest position reductions.
Ribbon width is the notional size of each disclosed share change: shares added or removed, valued at the Aug 2026 reference price. Ribbons join each holding to the sector, not to other holdings; disclosures do not show which sale funded which purchase. 12 smaller reductions not drawn.
Allocation change is the percentage-point change in each sector's share of the disclosed portfolio, and can move with prices as well as trades. Position changes compare corporate-action adjusted share quantities at the two disclosures; a change under 0.5% of the existing holding counts as unchanged. Holdings without a sector classification are grouped as Unclassified.
Stocks this fund has persistently increased or reduced across its recent disclosures.
12 holdings show persistent accumulation0 show persistent reduction76 are mixed or stableAug 2025 – Aug 2026 · 8 comparable transitions
Axis Bank Ltd.AXISBANK
Financial ServicesIncreased in 4 of 5 comparable transitions
Entered Jun 2026Exited Aug 2026
Eternal Ltd.ETERNAL
Consumer ServicesIncreased in 4 of 5 comparable transitions
Entered Jun 2026Exited Aug 2026
HDFC Bank Ltd.HDFCBANK
Financial ServicesIncreased in 4 of 5 comparable transitions
Entered Jun 2026Exited Aug 2026
Increased in 4 of 5 comparable transitions
Entered Jun 2026Exited Aug 2026
Trent Ltd.TRENT
Consumer ServicesIncreased in 3 of 3 comparable transitions
Entered Jun 2026Exited Aug 2026
No persistent reductions met the conviction threshold during this period.
Conviction signal based on persistent disclosed position changes. Bars show each stock's disclosed share quantity scaled to its own first holding in the range (not portfolio weight), adjusted for splits and bonuses. A move under 0.5% of the existing holding counts as stable. No disclosure for Nov 2025, Mar 2026; transitions into and out of those months are not compared.