Loading…
ELSS (tax saving) · Nippon India Mutual Fund · AMFI code 107900Reliance Equity Linked Saving Fund - Series I
Disclosed for 66 months, Sep 2012 to Feb 2018. This scheme is no longer reporting.Published as: RELIANCE EQUITY LINKED SAVING FUND - SERIES I (A 10 Year Close Ended Equity Linked Savings Scheme)
Portfolio value
₹112 Cr
down ₹3.3 Cr vs Aug 2016
- Stocks held
- 24
- unchanged
- Top 10 weight
- 52.7%
- of the portfolio in its ten largest
- Cash & debt
- 4.6%
- cash, money market and debt
- Moves this month
- 2 in · 2 out
- added to 5, trimmed 15
Reliance Equity Linked Saving Fund - Series I is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In September 2016 it disclosed 24 stocks worth ₹112 Cr, down ₹3.3 Cr from Aug 2016. Its largest positions were State Bank of India (7.5%), HDFC Bank Limited (5.8%), Vesuvius India Limited (5.4%); the ten largest together made up 52.7% of the portfolio, and Banks was the biggest sector at 29.7% of its equity. Cash and debt stood at 4.6%. Compared with Aug 2016 the fund entered 2 new stocks and exited 2.
Against 47 other ELSS (tax saving) funds
Concentration
91%
Top-10 weight is higher than 91% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
79%
Holds more cash than 79% of peers
Holdings in September 2016
Download CSVEvery line the fund disclosed, with the change against Aug 2016. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 7.54%
- Δ weight
- up 0.18 pts
- Value
- ₹8.4 Cr
- Δ value
- down ₹4 L
- Status
- Held
- Weight
- 5.82%
- Δ weight
- down 0.59 pts
- Value
- ₹6.5 Cr
- Δ value
- down ₹87 L
- Status
- Trimmed
- Vesuvius India LimitedVesuvius India Ltd · history in this fund
- Weight
- 5.36%
- Δ weight
- up 5.36 pts
- Value
- ₹6 Cr
- Δ value
- up ₹6 Cr
- Status
- New
- Weight
- 5.30%
- Δ weight
- down 0.20 pts
- Value
- ₹5.9 Cr
- Δ value
- down ₹40 L
- Status
- Trimmed
- Weight
- 5.08%
- Δ weight
- down 0.53 pts
- Value
- ₹5.7 Cr
- Δ value
- down ₹78 L
- Status
- Trimmed
- Weight
- 5.05%
- Δ weight
- down 0.41 pts
- Value
- ₹5.6 Cr
- Δ value
- down ₹65 L
- Status
- Trimmed
- Weight
- 4.86%
- Δ weight
- up 0.23 pts
- Value
- ₹5.4 Cr
- Δ value
- up ₹10 L
- Status
- Added
- Weight
- 4.82%
- Δ weight
- down 0.16 pts
- Value
- ₹5.4 Cr
- Δ value
- down ₹34 L
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 4.64%
- Δ weight
- up 0.65 pts
- Value
- ₹5.2 Cr
- Δ value
- up ₹59 L
- Status
- Added
- Weight
- 4.52%
- Δ weight
- up 0.06 pts
- Value
- ₹5 Cr
- Δ value
- down ₹8 L
- Status
- Trimmed
- Weight
- 4.30%
- Δ weight
- up 0.24 pts
- Value
- ₹4.8 Cr
- Δ value
- up ₹13 L
- Status
- Added
- Weight
- 4.23%
- Δ weight
- down 0.06 pts
- Value
- ₹4.7 Cr
- Δ value
- down ₹21 L
- Status
- Trimmed
- Weight
- 4.12%
- Δ weight
- up 0.02 pts
- Value
- ₹4.6 Cr
- Δ value
- down ₹11 L
- Status
- Trimmed
- Weight
- 4.08%
- Δ weight
- up 0.38 pts
- Value
- ₹4.6 Cr
- Δ value
- up ₹30 L
- Status
- Added
- Weight
- 4.02%
- Δ weight
- down 0.10 pts
- Value
- ₹4.5 Cr
- Δ value
- down ₹25 L
- Status
- Trimmed
- Weight
- 3.87%
- Δ weight
- up 0.28 pts
- Value
- ₹4.3 Cr
- Δ value
- up ₹20 L
- Status
- Added
- Weight
- 3.37%
- Δ weight
- down 0.19 pts
- Value
- ₹3.8 Cr
- Δ value
- down ₹33 L
- Status
- Trimmed
- Weight
- 3.25%
- Δ weight
- up 0.10 pts
- Value
- ₹3.6 Cr
- Δ value
- up ₹0 L
- Status
- Held
- Weight
- 2.92%
- Δ weight
- down 0.13 pts
- Value
- ₹3.3 Cr
- Δ value
- down ₹25 L
- Status
- Trimmed
- Weight
- 2.90%
- Δ weight
- up 2.90 pts
- Value
- ₹3.2 Cr
- Δ value
- up ₹3.2 Cr
- Status
- New
- Weight
- 2.78%
- Δ weight
- up 0.07 pts
- Value
- ₹3.1 Cr
- Δ value
- down ₹2 L
- Status
- Trimmed
- Weight
- 2.67%
- Δ weight
- down 2.37 pts
- Value
- ₹3 Cr
- Δ value
- down ₹2.8 Cr
- Status
- Trimmed
- Weight
- 2.22%
- Δ weight
- up 0.65 pts
- Value
- ₹2.5 Cr
- Δ value
- up ₹67 L
- Status
- Added
- Weight
- 1.64%
- Δ weight
- down 0.14 pts
- Value
- ₹1.8 Cr
- Δ value
- down ₹22 L
- Status
- Trimmed
- Weight
- 0.62%
- Δ weight
- down 0.05 pts
- Value
- ₹70 L
- Δ value
- down ₹8 L
- Status
- Trimmed
What changed, Aug 2016 to Sep 2016
New New positions (2)
- Vesuvius India Limited5.4% · ₹6 Cr
- Reliance Industries Limited2.9% · ₹3.2 Cr
Exited Exited (2)
- Abbott India Limitedwas 3.5% · ₹4 Cr
- Cyient Limitedwas 2.7% · ₹3.1 Cr
Added Biggest additions
- Indian Metals & Ferro Alloys Limitedup ₹67 L (+0.65% pts)
- Bharat Forge Limitedup ₹30 L (+0.38% 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 Aug 2016, the weight rose most in Industrial Products (+6.1 pts) and Petroleum Products (+3.0 pts), and fell most in Pharmaceuticals & Biotechnology (−3.3 pts) and Banks (−3.1 pts).
- Industrial Products8.5% → 14.6%+6.1 pts
- Petroleum Products0.0% → 3.0%new+3.0 pts
- Ferrous Metals1.6% → 2.3%+0.7 pts
- IT - Software7.5% → 7.9%+0.4 pts
- Pharmaceuticals & Biotechnology12.7% → 9.4%−3.3 pts
- Banks32.9% → 29.7%−3.1 pts
- IT - Services2.8% → 0.0%exited−2.8 pts
- Industrial Capital Goods5.7% → 5.3%−0.4 pts
- Electrical Equipment5.7% → 5.6%−0.2 pts
- Power1.9% → 1.7%−0.1 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 | Sep 2013 | Sep 2015 | Mar 2016 | Jun 2016 | Aug 2016 | Sep 2016 |
|---|---|---|---|---|---|---|
| Banks | 9.8% | 25.8% | 30.9% | 30.5% | 32.9% | 29.7% |
| Industrial Products | 9.9% | 12.1% | 8.8% | 8.1% | 8.5% | 14.6% |
| Pharmaceuticals & Biotechnology | 12.2% | 18.0% | 15.3% | 15.9% | 12.7% | 9.4% |
| IT - Software | 12.4% | 7.0% | 10.7% | 8.0% | 7.5% | 7.9% |
| Electrical Equipment | 6.5% | 7.1% | 6.7% | 7.0% | 5.7% | 5.6% |
| Industrial Capital Goods | — | 5.5% | 6.1% | 6.0% | 5.7% | 5.3% |
| Retailing | 6.5% | 4.8% | 5.2% | 5.3% | 5.2% | 5.1% |
| Insurance | — | 2.2% | 1.7% | 2.5% | 4.5% | 4.4% |
| Construction | 2.8% | 4.9% | 4.5% | 5.4% | 4.3% | 4.2% |
| Diversified FMCG | — | — | — | — | 3.2% | 3.1% |
Allocation in Sep 2016change vs Aug 2016
- Banks (6)29.7%▼ 3.1 pts
- Industrial Products (3)14.6%▲ 6.1 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.
Cash & debt, Sep 2016
4.6%
▲ 0.6 pts vs Aug 2016
- Cash alone
- 4.7%
- cash and net receivables
- A year earlier
- 6.1%
- Sep 2015 · now ▼ 1.5 pts
- Last 12 months
- 0.4% – 4.6%
- lowest to highest · record 13.7% in Jan 2013
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.