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Focused · Nippon India Mutual Fund · AMFI code 104637Nippon India Focused Fund
Disclosed for 170 months, Sep 2012 to Oct 2026.Absorbed Reliance Focused Large Cap Fund after its Mar 2018 portfolio.Formerly Nippon India Focused Equity Fund (Sep 2019 – May 2025); Reliance Focused Equity Fund (Apr 2018 – Aug 2019); Reliance Mid & Small Cap Fund (Mar 2015 – Mar 2018); Reliance Long Term Equity Fund (Sep 2012 – May 2015)Published as: Nippon India Focused Fund (An Open Ended Multi Cap Equity Scheme Investing In Maximum 30 Stocks)
Portfolio value
₹7,968 Cr
down ₹107 Cr vs Sep 2026
- Stocks held
- 30
- unchanged
- Top 10 weight
- 53.8%
- of the portfolio in its ten largest
- Cash & debt
- 1.2%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
- added to 10, trimmed 17
Holdings as of the end of October 2026, from Nippon India Mutual Fund’s monthly portfolio disclosure. Fund houses publish each month’s portfolio within 10 days of the month end, and this page is updated after they do. How the data is checked
Nippon India Focused Fund is an active equity fund in the Focused category from Nippon India Mutual Fund. In October 2026 it disclosed 30 stocks worth ₹7,968 Cr, down ₹107 Cr from Sep 2026. Its largest positions were HDFC Bank Limited (9.3%), ICICI Bank Limited (9.2%), Infosys Limited (6.4%); the ten largest together made up 53.8% of the portfolio, and Banks was the biggest sector at 24.8% of its equity. Cash and debt stood at 1.2%. Compared with Sep 2026 the fund entered 1 new stock and exited 1.
Against 25 other Focused funds
Concentration
72%
Top-10 weight is higher than 72% of peers
Breadth
76%
Holds more stocks than 76% of peers
Cash
12%
Holds more cash than 12% of peers
What these mean: concentration · cash
Holdings in October 2026
Download CSVEvery line the fund disclosed, with the change against Sep 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 9.29% | down 0.09 pts | ₹740 Cr | down ₹17 Cr | Trimmed |
| ICICI Bank Limited | 9.22% | up 0.05 pts | ₹735 Cr | down ₹6.2 Cr | Trimmed |
| Infosys Limited | 6.43% | up 0.61 pts | ₹512 Cr | up ₹42.8 Cr | Added |
| Axis Bank Limited | 6.03% | down 0.57 pts | ₹480 Cr | down ₹52.6 Cr | Trimmed |
| Trent Limited | 4.44% | up 0.63 pts | ₹354 Cr | up ₹46.4 Cr | Added |
| Eternal Limited | 4.21% | up 0.34 pts | ₹336 Cr | up ₹23.1 Cr | Added |
| Reliance Industries Limited | 4.17% | down 0.02 pts | ₹332 Cr | down ₹6.3 Cr | Trimmed |
| Varun Beverages Limited | 3.45% | down 0.30 pts | ₹275 Cr | down ₹28.1 Cr | Trimmed |
| HDFC Life Insurance Company Limited | 3.45% | up 0.47 pts | ₹275 Cr | up ₹34.5 Cr | Added |
| Oil & Natural Gas Corporation Limited | 3.14% | up 0.04 pts | ₹251 Cr | down ₹46 L | Held |
| SBI Cards and Payment Services Limited | 3.08% | down 0.27 pts | ₹246 Cr | down ₹24.8 Cr | Trimmed |
| Biocon Limited | 3.05% | up 1.49 pts | ₹243 Cr | up ₹117 Cr | Added |
| Syngene International Limited | 3.03% | up 0.32 pts | ₹241 Cr | up ₹22.4 Cr | Added |
| Hindustan Aeronautics Limited | 2.98% | down 0.98 pts | ₹238 Cr | down ₹82.5 Cr | Trimmed |
| Tube Investments of India Limited | 2.82% | up 0.15 pts | ₹225 Cr | up ₹9 Cr | Added |
| Bharat Heavy Electricals Limited | 2.73% | down 0.60 pts | ₹218 Cr | down ₹51.7 Cr | Trimmed |
| 3M India Limited | 2.70% | down 0.26 pts | ₹215 Cr | down ₹23.5 Cr | Trimmed |
| Swiggy Limited | 2.41% | down 0.34 pts | ₹192 Cr | down ₹29.9 Cr | Trimmed |
| Info Edge (India) Limited | 2.36% | up 0.27 pts | ₹188 Cr | up ₹19.7 Cr | Added |
| Siemens Energy India Limited | 2.21% | down 0.28 pts | ₹176 Cr | down ₹24.9 Cr | Trimmed |
| PB Fintech Limited | 2.09% | up 0.62 pts | ₹167 Cr | up ₹47.7 Cr | Added |
| Balkrishna Industries Limited | 2.00% | up 2.00 pts | ₹159 Cr | up ₹159 Cr | New |
| Cyient Limited | 1.99% | up 0.42 pts | ₹159 Cr | up ₹32.1 Cr | Added |
| Sapphire Foods India Limited | 1.90% | down 0.07 pts | ₹152 Cr | down ₹7.5 Cr | Trimmed |
| Restaurant Brands Asia Limited | 1.75% | down 0.05 pts | ₹140 Cr | down ₹6.1 Cr | Trimmed |
| Bluestone Jewellery and Lifestyle Limited | 1.71% | down 0.28 pts | ₹136 Cr | down ₹24.3 Cr | Trimmed |
| PVR Limited | 1.68% | up 0.30 pts | ₹134 Cr | up ₹22.6 Cr | Added |
| BIKAJI FOODS INTERNATIONAL LIMITED | 1.63% | down 0.23 pts | ₹130 Cr | down ₹20.3 Cr | Trimmed |
| MedPlus Health Services Limited | 1.53% | down 0.17 pts | ₹122 Cr | down ₹15.7 Cr | Trimmed |
| Thomas Cook (India) Limited | 1.32% | down 0.24 pts | ₹105 Cr | down ₹20.7 Cr | Trimmed |
| Cash, TREPS & receivables | 1.18% | down 0.44 pts | ₹94.3 Cr | down ₹37 Cr | Trimmed |
What changed, Sep 2026 to Oct 2026
New New positions (1)
- Balkrishna Industries Limited2.0% · ₹159 Cr
Exited Exited (1)
- Life Insurance Corporation Of Indiawas 2.5% · ₹204 Cr
Added Biggest additions
- Biocon Limitedup ₹117 Cr (+1.49% pts)
- PB Fintech Limitedup ₹47.7 Cr (+0.62% pts)
- Trent Limitedup ₹46.4 Cr (+0.63% pts)
- Infosys Limitedup ₹42.8 Cr (+0.61% pts)
- HDFC Life Insurance Company Limitedup ₹34.5 Cr (+0.47% pts)
- Cyient Limitedup ₹32.1 Cr (+0.42% pts)
- Eternal Limitedup ₹23.1 Cr (+0.34% pts)
- PVR Limitedup ₹22.6 Cr (+0.30% pts)
- Syngene International Limitedup ₹22.4 Cr (+0.32% pts)
- Info Edge (India) Limitedup ₹19.7 Cr (+0.27% pts)
Trimmed Biggest reductions
- Hindustan Aeronautics Limiteddown ₹82.5 Cr (−0.98% pts)
- Axis Bank Limiteddown ₹52.6 Cr (−0.57% pts)
- Bharat Heavy Electricals Limiteddown ₹51.7 Cr (−0.60% pts)
- Swiggy Limiteddown ₹29.9 Cr (−0.34% pts)
- Varun Beverages Limiteddown ₹28.1 Cr (−0.30% pts)
- Siemens Energy India Limiteddown ₹24.9 Cr (−0.28% pts)
- SBI Cards and Payment Services Limiteddown ₹24.8 Cr (−0.27% pts)
- Bluestone Jewellery and Lifestyle Limiteddown ₹24.3 Cr (−0.28% pts)
- 3M India Limiteddown ₹23.5 Cr (−0.26% pts)
- Thomas Cook (India) Limiteddown ₹20.7 Cr (−0.24% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Sep 2026, the weight rose most in Auto Components (+2.2 pts) and Pharmaceuticals & Biotechnology (+1.5 pts), and fell most in Insurance (−2.1 pts) and Aerospace & Defense (−1.0 pts).
- Auto Components2.7% → 4.9%+2.2 pts
- Pharmaceuticals & Biotechnology1.6% → 3.1%+1.5 pts
- Retailing14.5% → 15.1%+0.7 pts
- Financial Technology (fintech)1.5% → 2.1%+0.6 pts
- IT - Software5.9% → 6.5%+0.6 pts
- IT - Services1.6% → 2.0%+0.4 pts
- Insurance5.6% → 3.5%−2.1 pts
- Aerospace & Defense4.0% → 3.0%−1.0 pts
- Electrical Equipment5.9% → 5.0%−0.9 pts
- Banks25.6% → 24.8%−0.7 pts
- Leisure Services5.4% → 5.0%−0.4 pts
- Beverages3.8% → 3.5%−0.3 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Oct 2023 | Oct 2025 | Apr 2026 | Jul 2026 | Sep 2026 | Oct 2026 |
|---|---|---|---|---|---|---|
| Banks | 28.2% | 25.4% | 25.2% | 28.9% | 25.6% | 24.8% |
| Retailing | 4.7% | 11.6% | 15.7% | 15.3% | 14.5% | 15.1% |
| IT - Software | 8.5% | 5.0% | 5.0% | 5.8% | 5.9% | 6.5% |
| Leisure Services | 7.8% | 5.8% | 4.4% | 4.3% | 5.4% | 5.0% |
| Electrical Equipment | 1.5% | 3.7% | 6.0% | 6.3% | 5.9% | 5.0% |
| Auto Components | 2.9% | 4.0% | 5.1% | 4.4% | 2.7% | 4.9% |
| Petroleum Products | 4.4% | 5.8% | 3.5% | 3.9% | 4.3% | 4.2% |
| Beverages | — | 3.4% | 4.2% | 3.8% | 3.8% | 3.5% |
| Insurance | — | — | — | — | 5.6% | 3.5% |
| Oil | — | — | — | 3.3% | 3.2% | 3.2% |
Allocation in Oct 2026change vs Sep 2026
- Banks (3)24.8%▼ 0.7 pts
- Retailing (5)15.1%▲ 0.7 pts
- IT - Software (1)6.5%▲ 0.6 pts
- Leisure Services (3)5.0%▼ 0.4 pts
- Electrical Equipment (2)5.0%▼ 0.9 pts
- Auto Components (2)4.9%▲ 2.2 pts
- Petroleum Products (1)4.2%
- Beverages (1)3.5%▼ 0.3 pts
- Insurance (1)3.5%▼ 2.1 pts
- Oil (1)3.2%
- Finance (1)3.1%▼ 0.3 pts
- Pharmaceuticals & Biotechnology (1)3.1%▲ 1.5 pts
- Healthcare Services (1)3.1%▲ 0.3 pts
- Aerospace & Defense (1)3.0%▼ 1.0 pts
- Diversified (1)2.7%▼ 0.3 pts
- Financial Technology (fintech) (1)2.1%▲ 0.6 pts
- IT - Services (1)2.0%▲ 0.4 pts
- Consumer Durables (1)1.7%▼ 0.3 pts
- Entertainment (1)1.7%▲ 0.3 pts
- Food Products (1)1.7%▼ 0.2 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Oct 2026
1.2%
▼ 0.4 pts vs Sep 2026
- Cash alone
- 1.2%
- cash and net receivables
- A year earlier
- 3.7%
- Oct 2025 · now ▼ 2.5 pts
- Last 12 months
- 1.2% – 4.6%
- lowest to highest · record 13.6% in Jul 2014
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.
The last 24 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Oct 2026 | ₹7,968 Cr | 30 | 1 | 1 | 1.2% | 1.2% | 68% |
| Sep 2026 | ₹8,075 Cr | 30 | 3 | 3 | 1.6% | 1.6% | 66% |
| Aug 2026 | ₹8,651 Cr | 30 | 3 | 2 | 2.4% | 2.4% | 59% |
| Jul 2026 | ₹8,530 Cr | 29 | 1 | 2 | 4.0% | 4.0% | 54% |
| Jun 2026 | ₹8,531 Cr | 30 | 0 | 0 | 4.5% | 4.5% | 55% |
| May 2026 | ₹8,372 Cr | 30 | 2 | 2 | 3.1% | 3.1% | 54% |
| Apr 2026 | ₹8,343 Cr | 30 | 1 | 0 | 3.9% | 3.9% | 48% |
| Mar 2026 | ₹7,512 Cr | 29 | 2 | 3 | 2.4% | 2.4% | — |
| Feb 2026 | ₹8,497 Cr | 30 | 0 | 0 | 3.1% | 3.1% | — |
| Jan 2026 | ₹8,476 Cr | 30 | 0 | 0 | 1.9% | 1.8% | — |
| Dec 2025 | ₹8,790 Cr | 30 | 1 | 1 | 2.9% | 2.9% | — |
| Nov 2025 | ₹8,887 Cr | 30 | 1 | 0 | 4.6% | 4.6% | — |
| Oct 2025 | ₹8,712 Cr | 29 | 1 | 1 | 3.7% | 3.7% | — |
| Sep 2025 | ₹8,464 Cr | 29 | 1 | 1 | 4.9% | 4.9% | — |
| Aug 2025 | ₹8,420 Cr | 29 | 0 | 1 | 4.8% | 4.8% | — |
| Jul 2025 | ₹8,599 Cr | 30 | 2 | 2 | 3.4% | 3.4% | — |
| Jun 2025 | ₹8,788 Cr | 30 | 1 | 0 | 6.1% | 6.1% | — |
| May 2025 | ₹8,553 Cr | 29 | 0 | 1 | 7.7% | 7.7% | — |
| Apr 2025 | ₹8,193 Cr | 30 | 0 | 0 | 7.0% | 6.9% | — |
| Mar 2025 | ₹7,922 Cr | 30 | 1 | 0 | 5.3% | 5.3% | — |
| Feb 2025 | ₹7,480 Cr | 29 | 1 | 0 | 6.0% | 6.0% | — |
| Jan 2025 | ₹7,875 Cr | 28 | 1 | 3 | 6.9% | 6.9% | — |
| Dec 2024 | ₹8,194 Cr | 30 | 1 | 0 | 7.5% | 7.5% | — |
| Nov 2024 | ₹8,412 Cr | 29 | 1 | 1 | 8.3% | 8.3% | — |
For any of the 146 earlier months, choose it in “Portfolio as of” at the top of the page.