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Reliance Focused Equity Fund
Disclosed for 82 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE FOCUSED EQUITY FUND (An Open Ended Multi Cap Equity Scheme Investing In Maximum 30 Stocks)
Portfolio value
₹4,466 Cr
up ₹313 Cr vs Feb 2019
- Stocks held
- 29
- down 1 vs Feb 2019
- Top 10 weight
- 56.2%
- of the portfolio in its ten largest
- Cash & debt
- 5.7%
- cash, money market and debt
- Moves this month
- 0 in · 1 out
- added to 10, trimmed 6
Reliance Focused Equity Fund is an active equity fund in the Multi Cap category from Nippon India Mutual Fund. In March 2019 it disclosed 29 stocks worth ₹4,466 Cr, up ₹313 Cr from Feb 2019. Its largest positions were State Bank of India (9.9%), ICICI Bank Limited (7.2%), ITC Limited (6.9%); the ten largest together made up 56.2% of the portfolio, and Banks was the biggest sector at 31.8% of its equity. Cash and debt stood at 5.7%. Compared with Feb 2019 the fund entered 0 new stocks and exited 1.
Against 33 other Multi Cap funds
Concentration
100%
Top-10 weight is higher than 100% of peers
Breadth
3%
Holds more stocks than 3% of peers
Cash
67%
Holds more cash than 67% of peers
Holdings in March 2019
Download CSVEvery line the fund disclosed, with the change against Feb 2019. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 9.85%
- Δ weight
- up 0.97 pts
- Value
- ₹440 Cr
- Δ value
- up ₹70.9 Cr
- Status
- Added
- Weight
- 7.24%
- Δ weight
- up 0.43 pts
- Value
- ₹323 Cr
- Δ value
- up ₹40.7 Cr
- Status
- Added
- Weight
- 6.93%
- Δ weight
- up 0.01 pts
- Value
- ₹309 Cr
- Δ value
- up ₹22.1 Cr
- Status
- Added
- Weight
- 6.78%
- Δ weight
- down 0.25 pts
- Value
- ₹303 Cr
- Δ value
- up ₹10.7 Cr
- Status
- Added
- Weight
- 5.09%
- Δ weight
- down 0.02 pts
- Value
- ₹227 Cr
- Δ value
- up ₹15.1 Cr
- Status
- Added
- Weight
- 5.04%
- Δ weight
- down 1.12 pts
- Value
- ₹225 Cr
- Δ value
- down ₹30.5 Cr
- Status
- Trimmed
- Weight
- 4.12%
- Δ weight
- down 0.11 pts
- Value
- ₹184 Cr
- Δ value
- up ₹8.3 Cr
- Status
- Added
- Weight
- 3.96%
- Δ weight
- down 0.67 pts
- Value
- ₹177 Cr
- Δ value
- down ₹15.2 Cr
- Status
- Trimmed
- Weight
- 3.84%
- Δ weight
- down 0.24 pts
- Value
- ₹171 Cr
- Δ value
- up ₹2.2 Cr
- Status
- Added
- IndusInd Bank LimitedMoney market
- Weight
- 3.36%
- Δ weight
- up 3.36 pts
- Value
- ₹150 Cr
- Δ value
- up ₹150 Cr
- Status
- New
- Weight
- 3.33%
- Δ weight
- up 0.22 pts
- Value
- ₹148 Cr
- Δ value
- up ₹19.4 Cr
- Status
- Added
- Weight
- 3.32%
- Δ weight
- up 0.15 pts
- Value
- ₹148 Cr
- Δ value
- up ₹16.6 Cr
- Status
- Added
- Weight
- 2.95%
- Δ weight
- down 0.28 pts
- Value
- ₹132 Cr
- Δ value
- down ₹2.4 Cr
- Status
- Trimmed
- Weight
- 2.92%
- Δ weight
- down 0.01 pts
- Value
- ₹131 Cr
- Δ value
- up ₹8.7 Cr
- Status
- Added
- Weight
- 2.78%
- Δ weight
- up 0.05 pts
- Value
- ₹124 Cr
- Δ value
- up ₹10.8 Cr
- Status
- Added
- Weight
- 2.62%
- Δ weight
- up 0.48 pts
- Value
- ₹117 Cr
- Δ value
- up ₹28.3 Cr
- Status
- Added
- Weight
- 2.49%
- Δ weight
- up 0.79 pts
- Value
- ₹111 Cr
- Δ value
- up ₹40.4 Cr
- Status
- Added
- Weight
- 2.46%
- Δ weight
- down 0.17 pts
- Value
- ₹110 Cr
- Δ value
- up ₹52 L
- Status
- Held
- Weight
- 2.43%
- Δ weight
- up 0.08 pts
- Value
- ₹109 Cr
- Δ value
- up ₹10.8 Cr
- Status
- Added
- Weight
- 2.43%
- Δ weight
- down 0.10 pts
- Value
- ₹108 Cr
- Δ value
- up ₹3.5 Cr
- Status
- Added
- Weight
- 2.14%
- Δ weight
- up 0.28 pts
- Value
- ₹95.4 Cr
- Δ value
- up ₹18.2 Cr
- Status
- Added
- Weight
- 2.04%
- Δ weight
- down 0.02 pts
- Value
- ₹91.3 Cr
- Δ value
- up ₹5.7 Cr
- Status
- Added
- Weight
- 1.97%
- Δ weight
- up 0.48 pts
- Value
- ₹87.8 Cr
- Δ value
- up ₹26.2 Cr
- Status
- Added
- Weight
- 1.75%
- Δ weight
- up 0.04 pts
- Value
- ₹78.3 Cr
- Δ value
- up ₹7.3 Cr
- Status
- Added
- Weight
- 1.74%
- Δ weight
- up 0.06 pts
- Value
- ₹77.6 Cr
- Δ value
- up ₹8.1 Cr
- Status
- Added
- Weight
- 1.51%
- Δ weight
- down 0.60 pts
- Value
- ₹67.4 Cr
- Δ value
- down ₹20.3 Cr
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 1.32%
- Δ weight
- down 0.19 pts
- Value
- ₹59.1 Cr
- Δ value
- down ₹3.6 Cr
- Status
- Trimmed
- Weight
- 0.97%
- Δ weight
- down 0.46 pts
- Value
- ₹43.2 Cr
- Δ value
- down ₹16.1 Cr
- Status
- Trimmed
- Weight
- 0.94%
- Δ weight
- down 0.83 pts
- Value
- ₹42 Cr
- Δ value
- down ₹31.4 Cr
- Status
- Trimmed
- Weight
- 0.62%
- Δ weight
- up 0.42 pts
- Value
- ₹27.6 Cr
- Δ value
- up ₹19.5 Cr
- Status
- Added
- Housing Development Finance Corporation LimitedMoney market
- Weight
- 0.53%
- Δ weight
- down 0.03 pts
- Value
- ₹23.8 Cr
- Δ value
- up ₹22 L
- Status
- Added
- IDFC First Bank LimitedMoney market
- Weight
- 0.53%
- Δ weight
- down 0.03 pts
- Value
- ₹23.6 Cr
- Δ value
- up ₹24 L
- Status
- Added
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
What changed, Feb 2019 to Mar 2019
New New positions (0)
None.
Exited Exited (1)
- Page Industries Limitedwas 0.3% · ₹12.2 Cr
Added Biggest additions
- State Bank of Indiaup ₹70.9 Cr (+0.97% pts)
- ICICI Bank Limitedup ₹40.7 Cr (+0.43% pts)
- Thomas Cook (India) Limitedup ₹40.4 Cr (+0.79% pts)
- NCC Limitedup ₹28.3 Cr (+0.48% 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 Feb 2019, the weight rose most in Banks (+1.7 pts) and Leisure Services (+0.9 pts), and fell most in Gas (−1.1 pts) and Auto Components (−0.7 pts).
- Banks30.1% → 31.8%+1.7 pts
- Leisure Services3.6% → 4.5%+0.9 pts
- Construction7.6% → 8.2%+0.5 pts
- Transportation0.2% → 0.7%+0.5 pts
- Cement & Cement Products2.0% → 2.3%+0.3 pts
- Petroleum Products3.3% → 3.5%+0.2 pts
- Gas6.5% → 5.3%−1.1 pts
- Auto Components4.9% → 4.2%−0.7 pts
- Retailing2.2% → 1.6%−0.6 pts
- Capital Markets1.5% → 1.0%−0.5 pts
- Finance3.4% → 3.1%−0.3 pts
- Textiles & Apparels0.3% → 0.0%exited−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 | Mar 2016 | Mar 2018 | Sep 2018 | Dec 2018 | Feb 2019 | Mar 2019 |
|---|---|---|---|---|---|---|
| Banks | 8.3% | 13.6% | 29.2% | 28.9% | 30.1% | 31.8% |
| Construction | 1.7% | 4.1% | 5.0% | 6.3% | 7.6% | 8.2% |
| Diversified FMCG | — | 0.4% | 7.7% | 7.7% | 7.3% | 7.4% |
| Gas | 1.3% | — | 2.7% | 4.8% | 6.5% | 5.3% |
| Consumer Durables | 2.3% | 2.0% | 1.2% | 3.0% | 4.7% | 4.7% |
| Leisure Services | 3.9% | 2.3% | 3.4% | 4.0% | 3.6% | 4.5% |
| Telecom - Services | 0.2% | — | 3.4% | 3.1% | 4.5% | 4.4% |
| Auto Components | 1.1% | 0.9% | 4.0% | 4.4% | 4.9% | 4.2% |
| IT - Software | 3.8% | 1.4% | 4.8% | 4.3% | 4.3% | 4.1% |
| Petroleum Products | 3.4% | 3.8% | 4.2% | 3.7% | 3.3% | 3.5% |
Allocation in Mar 2019change vs Feb 2019
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, Mar 2019
5.7%
▲ 0.7 pts vs Feb 2019
- Cash alone
- 1.3%
- cash and net receivables
- A year earlier
- 9.4%
- Mar 2018 · now ▼ 3.7 pts
- Last 12 months
- 5.0% – 11.6%
- 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.