LoadingMutual fund
Nippon India Mutual Fund · Equity
Added
Largest addition
Vedanta Aluminium Metal Limited
shares +60.0% · Metals & Mining
+₹24.2 cr
Reduced
Exited
ICICI Bank Ltd.
was 4.9% of the portfolio
−₹380 cr
Upgrade the plan to view this stock.Vedanta Aluminium Metal LimitedVAML
Metals & MiningStocks 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.Vedanta Aluminium Metal LimitedVAML | Metals & Mining | +₹24.2 cr+60.0% shares | 1.60M | 0.9% | +₹69.6 cr | Increased |
Abbott India Ltd.ABBOTINDIA | Healthcare | −₹74.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Apollo Hospitals Enterprise Ltd.APOLLOHOSP | Healthcare | −₹44.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Asian Paints Ltd.ASIANPAINT | Consumer Durables | −₹107 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.AU Small Finance Bank Ltd.AUBANK | Financial Services | −₹126 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Aurobindo Pharma Ltd.AUROPHARMA | Healthcare | −₹63.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
Axis Bank Ltd.AXISBANK | Financial Services | −₹221 cr−100.0% shares | 0 | — | ₹0 | Exited |
Bajaj Auto Ltd.BAJAJ-AUTO | Automobile and Auto Components | −₹118 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Balkrishna Industries Ltd.BALKRISIND | Automobile and Auto Components | −₹89.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Bharat Dynamics Ltd.BDL | Capital Goods | −₹47.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Capital Goods | −₹38.9 cr−100.0% shares | 0 | — | ₹0 | Exited | |
| Capital Goods | −₹134 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Bharti Airtel Ltd.BHARTIARTL | Telecommunication | −₹39.4 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Bharti Hexacom Ltd.BHARTIHEXA | Telecommunication | −₹82.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Biocon Ltd.BIOCON | Healthcare | −₹101 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Blue Star Ltd.BLUESTARCO | Consumer Durables | −₹109 cr−100.0% shares | 0 | — | ₹0 | Exited |
Britannia Industries Ltd.BRITANNIA | Fast Moving Consumer Goods | −₹86.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
BSE Ltd.BSE | Financial Services | −₹65.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Capital Goods | −₹77.7 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Cipla Ltd.CIPLA | Healthcare | −₹71.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
Coforge Ltd.COFORGE | Information Technology | −₹182 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Coromandel International Ltd.COROMANDEL | Chemicals | −₹84.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
Cummins India Ltd.CUMMINSIND | Capital Goods | −₹138 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Dalmia Bharat Ltd.DALBHARAT | Construction Materials | −₹18.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Divi's Laboratories Ltd.DIVISLAB | Healthcare | −₹32.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Dixon Technologies (India) Ltd.DIXON | Consumer Durables | −₹281 cr−100.0% shares | 0 | — | ₹0 | Exited |
Eicher Motors Ltd.EICHERMOT | Automobile and Auto Components | −₹94.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Endurance Technologies Ltd.ENDURANCE | Automobile and Auto Components | −₹46.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Eternal Ltd.ETERNAL | Consumer Services | −₹242 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Fortis Healthcare Ltd.FORTIS | Healthcare | −₹124 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.FSN E-Commerce Ventures Ltd.NYKAA | Consumer Services | −₹172 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Oil Gas & Consumable Fuels | −₹30.8 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Godrej Consumer Products Ltd.GODREJCP | Fast Moving Consumer Goods | −₹96.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
HDFC Bank Ltd.HDFCBANK | Financial Services | −₹332 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Capital Goods | −₹23.2 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Hindustan Unilever Ltd.HINDUNILVR | Fast Moving Consumer Goods | −₹31.5 cr−100.0% shares | 0 | — | ₹0 | Exited |
ICICI Bank Ltd.ICICIBANK | Financial Services | −₹380 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹89.8 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.ICICI Prudential Life Insurance Company Ltd.ICICIPRULI | Financial Services | −₹28.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Indus Towers Ltd.INDUSTOWER | Telecommunication | −₹39.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.IndusInd Bank Ltd.INDUSINDBK | Financial Services | −₹101 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Info Edge (India) Ltd.NAUKRI | Consumer Services | −₹36.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Infosys Ltd.INFY | Information Technology | −₹33.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
InterGlobe Aviation Ltd.INDIGO | Services | −₹31.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Ipca Laboratories Ltd.IPCALAB | Healthcare | −₹75.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.J.K. Cement Ltd.JKCEMENT | Construction Materials | −₹21.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.JSW Energy Ltd.JSWENERGY | Power | −₹91.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.KEI Industries Ltd.KEI | Capital Goods | −₹129 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Construction | −₹114 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Mahindra & Mahindra Financial Services Ltd.M&MFIN | Financial Services | −₹129 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Automobile and Auto Components | −₹44.2 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Max Healthcare Institute Ltd.MAXHEALTH | Healthcare | −₹64.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Mazagoan Dock Shipbuilders Ltd.MAZDOCK | Capital Goods | −₹11.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.MphasiS Ltd.MPHASIS | Information Technology | −₹46.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.NHPC Ltd.NHPC | Power | −₹39.4 cr−100.0% shares | 0 | — | ₹0 | Exited |
NTPC Green Energy Ltd.NTPCGREEN | Power | −₹40.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
NTPC Ltd.NTPC | Power | −₹34.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Oil Gas & Consumable Fuels | −₹72.8 cr−100.0% shares | 0 | — | ₹0 | Exited | |
| Financial Services | −₹40.3 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.PB Fintech Ltd.POLICYBZR | Financial Services | −₹25.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Radico Khaitan LtdRADICO | Fast Moving Consumer Goods | −₹71.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Reliance Industries Ltd.RELIANCE | Oil Gas & Consumable Fuels | −₹170 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Automobile and Auto Components | −₹123 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Shriram Finance Ltd.SHRIRAMFIN | Financial Services | −₹36.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
Siemens Ltd.SIEMENS | Capital Goods | −₹37.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹304 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Sun Pharmaceutical Industries Ltd.SUNPHARMA | Healthcare | −₹49.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Supreme Industries Ltd.SUPREMEIND | Capital Goods | −₹34.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Swiggy Ltd.SWIGGY | Consumer Services | −₹34.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Tata Communications Ltd.TATACOMM | Telecommunication | −₹39.6 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Tata Consumer Products Ltd.TATACONSUM | Fast Moving Consumer Goods | −₹84.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Titan Company Ltd.TITAN | Consumer Durables | −₹171 cr−100.0% shares | 0 | — | ₹0 | Exited |
Trent Ltd.TRENT | Consumer Services | −₹195 cr−100.0% shares | 0 | — | ₹0 | Exited |
TVS Motor Company Ltd.TVSMOTOR | Automobile and Auto Components | −₹151 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.UNO Minda Ltd.UNOMINDA | Automobile and Auto Components | −₹56.9 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Fast Moving Consumer Goods | −₹115 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Vishal Mega Mart Ltd.VMM | Consumer Services | −₹45.5 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Voltas Ltd.VOLTAS | Consumer Durables | −₹135 cr−100.0% shares | 0 | — | ₹0 | Exited |
Increasing Metals & Mining exposure while reducing Financial Services.
Sector allocation, Feb 2026 → Aug 2026
Allocation change, Feb 2026 → Aug 2026, the same range as Capital Rotation.
See where this fund has shifted portfolio exposure and which holdings drove those changes.
Over the last 6 months, the fund's largest allocation increase was in Metals & Mining (+93.7 pp), while Financial Services saw the largest allocation reduction (−30.0 pp).
Sectors with the largest changes in portfolio allocation over the selected period.
Healthcare −5.4 pp · Consumer Durables −5.1 pp · Fast Moving Consumer Goods −5.0 pp · Information Technology −3.8 pp · Construction Materials −2.9 pp · Power −2.7 pp · Services −1.6 pp · Construction −1.1 pp · Chemicals −0.9 pp · Textiles −0.8 pp · Telecommunication −0.8 pp
See which holdings gained or lost exposure within the selected sector.
Within Metals & Mining, Vedanta Aluminium Metal Limited (new position) saw the largest disclosed position increase, while Jindal Steel Ltd. (exit) and Vedanta 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.
Allocation change is the percentage-point change in each sector's share of the disclosed portfolio (by disclosed market value), 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.
8 holdings show persistent accumulation4 show persistent reduction62 are mixed or stableAug 2025 – Aug 2026 · 8 comparable transitions
Jindal Steel Ltd.JINDALSTEL
Metals & MiningIncreased in 3 of 4 comparable transitions
Axis Bank Ltd.AXISBANK
Financial ServicesIncreased in 3 of 5 comparable transitions
Entered Jun 2026Exited Aug 2026
Upgrade the plan to view this stock.Blue Star Ltd.BLUESTARCO
Consumer DurablesIncreased in 3 of 5 comparable transitions
Entered Jun 2026Exited Aug 2026
Titan Company Ltd.TITAN
Consumer DurablesIncreased in 2 of 3 comparable transitions
Entered Jun 2026Exited Aug 2026
Indian Hotels Co. Ltd.INDHOTEL
Consumer ServicesIncreased in 2 of 4 comparable transitions
Bajaj Finance Ltd.BAJFINANCE
Financial ServicesReduced in 2 of 4 comparable transitions
Upgrade the plan to view this stock.United Breweries Ltd.UBL
Fast Moving Consumer GoodsReduced in 2 of 4 comparable transitions
Entered Jun 2026Exited Jul 2026
Upgrade the plan to view this stock.Jubilant Foodworks Ltd.JUBLFOOD
Consumer ServicesReduced in 2 of 4 comparable transitions
Persistent Systems Ltd.PERSISTENT
Information TechnologyReduced in 2 of 4 comparable transitions
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.
Fund Quality
Strengths: Fell less than most peers in market declines; Beat the category median in most rolling years; Less concentrated than most category peers.
Change since 30 Jun 2026: Performance −1.8, Consistency −1.3, Portfolio risk −0.7 points.
Provisional: some supporting dimensions have no usable data yet, so this rating rests mainly on returns, consistency and downside protection.