Nippon India Mutual Fund manages assets under management totaling Rs. 4.93 lakh crore as of May 2024 and oversees 189 mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.
ETMarkets.com
Nippon India MF had the highest allocation in HDFC Bank, approximately 5.5% in May. The fund house added 47.17 lakh shares of HDFC Bank to its portfolio, resulting in a weight increase of 0.1% from the previous month.
ETMarkets.com
3/9
NTPC and ICICI Bank
In May, the fund house had allocations of 3.9% in NTPC and 3.8% in ICICI Bank. The weight of NTPC declined by 0.2%, while the weight of ICICI Bank decreased by 0.1%.
ETMarkets.com
4/9
Reliance Industries | CMP: Rs 2928
In May, the fund house had a 3% allocation in RIL. They added 26.25 lakh shares of RIL to their portfolio, resulting in an increase in weight by 0.1%.
ETMarkets.com
In May, the fund house had a 2.8% allocation in Coal India. They sold 8.99 lakh shares and witnessed a 0.1% increase in weight compared to the previous month.
ETMarkets.com
The fund house had a 2.7% allocation in Power Grid in May. They added 32.28 lakh shares of Power Grid, resulting in no change in weight from the previous month.
Agencies
The total allocation in BEL was around 2.5% in May. The fund house sold 34,000 shares of BEL, witnessing an increase in weight by 0.5% from the previous month.
IANS
In May, the fund house had a 2.4% allocation in SBI, which saw a decrease in weight by 0.1% from the previous month.
ETMarkets.com
The fund house had a 2.2% allocation each in Axis Bank and ONGC in May. The weight of Axis Bank remained unchanged, while the weight of ONGC decreased by 0.2% compared to the previous month.
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