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Reliance Value Fund
Disclosed for 84 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE VALUE FUND (An Open Ended Equity Scheme Following A Value Investment Strategy)
Portfolio value
₹2,823 Cr
up ₹49.4 Cr vs Nov 2015
- Stocks held
- 54
- up 1 vs Nov 2015
- Top 10 weight
- 36.4%
- of the portfolio in its ten largest
- Cash & debt
- 3.0%
- cash, money market and debt
- Moves this month
- 1 in · 0 out
- added to 10, trimmed 21
Reliance Value Fund is an active equity fund in the Value / Contra category from Nippon India Mutual Fund. In December 2015 it disclosed 54 stocks worth ₹2,823 Cr, up ₹49.4 Cr from Nov 2015. Its largest positions were Honeywell Automation India Limited (5.7%), HDFC Bank Limited (4.2%), Bombay Burmah Trading Corporation Limited (3.7%); the ten largest together made up 36.4% of the portfolio, and Banks was the biggest sector at 13.8% of its equity. Cash and debt stood at 3.0%. Compared with Nov 2015 the fund entered 1 new stock and exited 0.
Against 27 other Value / Contra funds
Concentration
48%
Top-10 weight is higher than 48% of peers
Breadth
33%
Holds more stocks than 33% of peers
Cash
37%
Holds more cash than 37% of peers
Holdings in December 2015
Download CSVEvery line the fund disclosed, with the change against Nov 2015. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 5.66%
- Δ weight
- down 0.08 pts
- Value
- ₹160 Cr
- Δ value
- up ₹48 L
- Status
- Held
- Weight
- 4.22%
- Δ weight
- down 0.06 pts
- Value
- ₹119 Cr
- Δ value
- up ₹48 L
- Status
- Held
- Weight
- 3.74%
- Δ weight
- up 0.07 pts
- Value
- ₹105 Cr
- Δ value
- up ₹3.8 Cr
- Status
- Added
- Weight
- 3.68%
- Δ weight
- down 0.05 pts
- Value
- ₹104 Cr
- Δ value
- up ₹41 L
- Status
- Held
- Weight
- 3.61%
- Δ weight
- up 0.39 pts
- Value
- ₹102 Cr
- Δ value
- up ₹12.7 Cr
- Status
- Added
- Weight
- 3.33%
- Δ weight
- down 0.01 pts
- Value
- ₹94 Cr
- Δ value
- up ₹1.5 Cr
- Status
- Added
- Weight
- 3.08%
- Δ weight
- up <0.01 pts
- Value
- ₹87.1 Cr
- Δ value
- up ₹1.6 Cr
- Status
- Added
- Weight
- 3.07%
- Δ weight
- up 0.03 pts
- Value
- ₹86.7 Cr
- Δ value
- up ₹2.4 Cr
- Status
- Added
- Weight
- 3.03%
- Δ weight
- up 0.20 pts
- Value
- ₹85.5 Cr
- Δ value
- up ₹7.1 Cr
- Status
- Added
- Weight
- 2.95%
- Δ weight
- down 0.07 pts
- Value
- ₹83.4 Cr
- Δ value
- down ₹61 L
- Status
- Trimmed
- Weight
- 2.69%
- Δ weight
- up 0.01 pts
- Value
- ₹76 Cr
- Δ value
- up ₹1.6 Cr
- Status
- Added
- Weight
- 2.58%
- Δ weight
- up 0.05 pts
- Value
- ₹72.9 Cr
- Δ value
- up ₹2.5 Cr
- Status
- Added
- Weight
- 2.46%
- Δ weight
- down 0.04 pts
- Value
- ₹69.3 Cr
- Δ value
- up ₹23 L
- Status
- Held
- Weight
- 2.45%
- Δ weight
- up 0.35 pts
- Value
- ₹69.1 Cr
- Δ value
- up ₹10.9 Cr
- Status
- Added
- Weight
- 2.39%
- Δ weight
- down 0.32 pts
- Value
- ₹67.3 Cr
- Δ value
- down ₹7.7 Cr
- Status
- Trimmed
- Weight
- 2.38%
- Δ weight
- down 0.13 pts
- Value
- ₹67.1 Cr
- Δ value
- down ₹2.5 Cr
- Status
- Trimmed
- Weight
- 2.31%
- Δ weight
- down 0.36 pts
- Value
- ₹65.3 Cr
- Δ value
- down ₹8.8 Cr
- Status
- Trimmed
- Weight
- 2.28%
- Δ weight
- up <0.01 pts
- Value
- ₹64.3 Cr
- Δ value
- up ₹1.1 Cr
- Status
- Added
- Weight
- 2.27%
- Δ weight
- up 0.10 pts
- Value
- ₹64.1 Cr
- Δ value
- up ₹3.8 Cr
- Status
- Added
- Weight
- 2.27%
- Δ weight
- up 0.23 pts
- Value
- ₹64.1 Cr
- Δ value
- up ₹7.4 Cr
- Status
- Added
- Weight
- 2.16%
- Δ weight
- down 0.12 pts
- Value
- ₹60.9 Cr
- Δ value
- down ₹2.4 Cr
- Status
- Trimmed
- Weight
- 2.04%
- Δ weight
- down 0.04 pts
- Value
- ₹57.7 Cr
- Δ value
- down ₹18 L
- Status
- Held
- Weight
- 1.72%
- Δ weight
- up 0.04 pts
- Value
- ₹48.7 Cr
- Δ value
- up ₹2 Cr
- Status
- Added
- Weight
- 1.64%
- Δ weight
- down 0.22 pts
- Value
- ₹46.3 Cr
- Δ value
- down ₹5.2 Cr
- Status
- Trimmed
- Weight
- 1.61%
- Δ weight
- up 0.16 pts
- Value
- ₹45.5 Cr
- Δ value
- up ₹5.1 Cr
- Status
- Added
- Weight
- 1.59%
- Δ weight
- down 0.11 pts
- Value
- ₹44.8 Cr
- Δ value
- down ₹2.2 Cr
- Status
- Trimmed
- Weight
- 1.56%
- Δ weight
- down 0.01 pts
- Value
- ₹44 Cr
- Δ value
- up ₹58 L
- Status
- Added
- Weight
- 1.46%
- Δ weight
- up 0.39 pts
- Value
- ₹41.2 Cr
- Δ value
- up ₹11.5 Cr
- Status
- Added
- Weight
- 1.38%
- Δ weight
- down 0.05 pts
- Value
- ₹38.9 Cr
- Δ value
- down ₹69 L
- Status
- Trimmed
- Weight
- 1.31%
- Δ weight
- down 0.08 pts
- Value
- ₹37.1 Cr
- Δ value
- down ₹1.5 Cr
- Status
- Trimmed
- Weight
- 1.28%
- Δ weight
- down 0.06 pts
- Value
- ₹36 Cr
- Δ value
- down ₹1.1 Cr
- Status
- Trimmed
- Weight
- 1.27%
- Δ weight
- down 0.03 pts
- Value
- ₹35.9 Cr
- Δ value
- down ₹29 L
- Status
- Trimmed
- Weight
- 1.24%
- Δ weight
- down 0.23 pts
- Value
- ₹34.9 Cr
- Δ value
- down ₹5.9 Cr
- Status
- Trimmed
- Weight
- 1.18%
- Δ weight
- up 0.03 pts
- Value
- ₹33.3 Cr
- Δ value
- up ₹1.5 Cr
- Status
- Added
- Weight
- 1.16%
- Δ weight
- down 0.36 pts
- Value
- ₹32.7 Cr
- Δ value
- down ₹9.3 Cr
- Status
- Trimmed
- Weight
- 1.15%
- Δ weight
- down 0.01 pts
- Value
- ₹32.5 Cr
- Δ value
- up ₹28 L
- Status
- Added
- Weight
- 1.12%
- Δ weight
- down 0.03 pts
- Value
- ₹31.7 Cr
- Δ value
- down ₹15 L
- Status
- Held
- Weight
- 1.06%
- Δ weight
- down 0.03 pts
- Value
- ₹30 Cr
- Δ value
- down ₹32 L
- Status
- Trimmed
- Weight
- 1.03%
- Δ weight
- up 0.07 pts
- Value
- ₹29.1 Cr
- Δ value
- up ₹2.4 Cr
- Status
- Added
- Weight
- 0.98%
- Δ weight
- down 0.04 pts
- Value
- ₹27.5 Cr
- Δ value
- down ₹69 L
- Status
- Trimmed
- Weight
- 0.96%
- Δ weight
- up 0.02 pts
- Value
- ₹27.1 Cr
- Δ value
- up ₹1 Cr
- Status
- Added
- Weight
- 0.90%
- Δ weight
- down 0.08 pts
- Value
- ₹25.4 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Housing Development Finance Corporation LtdMoney market
- Weight
- 0.89%
- Δ weight
- up 0.89 pts
- Value
- ₹25 Cr
- Δ value
- up ₹25 Cr
- Status
- New
- Weight
- 0.88%
- Δ weight
- down 0.07 pts
- Value
- ₹24.9 Cr
- Δ value
- down ₹1.4 Cr
- Status
- Trimmed
- The Indian Hotels Company Ltd (Compulsory Convertible Debentures)Debt
- Weight
- 0.87%
- Δ weight
- up 0.15 pts
- Value
- ₹24.4 Cr
- Δ value
- up ₹4.5 Cr
- Status
- Added
- Weight
- 0.80%
- Δ weight
- up 0.10 pts
- Value
- ₹22.6 Cr
- Δ value
- up ₹3.2 Cr
- Status
- Added
- Weight
- 0.79%
- Δ weight
- down 0.05 pts
- Value
- ₹22.3 Cr
- Δ value
- down ₹1.1 Cr
- Status
- Trimmed
- COX AND KINGS LTD.Cox & Kings Ltd · history in this fund
- Weight
- 0.70%
- Δ weight
- up <0.01 pts
- Value
- ₹19.7 Cr
- Δ value
- up ₹43 L
- Status
- Added
- Weight
- 0.67%
- Δ weight
- up <0.01 pts
- Value
- ₹19 Cr
- Δ value
- up ₹38 L
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 0.64%
- Δ weight
- down 1.80 pts
- Value
- ₹18.2 Cr
- Δ value
- down ₹49.5 Cr
- Status
- Trimmed
- Piramal Enterprises LtdMoney market
- Weight
- 0.64%
- Δ weight
- up 0.64 pts
- Value
- ₹18 Cr
- Δ value
- up ₹18 Cr
- Status
- New
- Weight
- 0.64%
- Δ weight
- down 0.01 pts
- Value
- ₹18 Cr
- Δ value
- down ₹10 L
- Status
- Trimmed
- Weight
- 0.59%
- Δ weight
- up 0.06 pts
- Value
- ₹16.7 Cr
- Δ value
- up ₹1.9 Cr
- Status
- Added
- Weight
- 0.55%
- Δ weight
- down 0.04 pts
- Value
- ₹15.7 Cr
- Δ value
- down ₹92 L
- Status
- Trimmed
- Weight
- 0.53%
- Δ weight
- up 0.53 pts
- Value
- ₹14.9 Cr
- Δ value
- up ₹14.9 Cr
- Status
- New
- Weight
- 0.52%
- Δ weight
- up 0.09 pts
- Value
- ₹14.6 Cr
- Δ value
- up ₹2.9 Cr
- Status
- Added
- Weight
- 0.04%
- Δ weight
- down <0.01 pts
- Value
- ₹1.3 Cr
- Δ value
- down ₹6 L
- Status
- Trimmed
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
What changed, Nov 2015 to Dec 2015
New New positions (1)
- Alkem Laboratories Limited0.5% · ₹14.9 Cr
Exited Exited (0)
None.
Added Biggest additions
- Larsen & Toubro Limitedup ₹12.7 Cr (+0.39% pts)
- Cummins India Limitedup ₹11.5 Cr (+0.39% pts)
- GE Power India Limitedup ₹10.9 Cr (+0.35% pts)
- BEML Limitedup ₹7.4 Cr (+0.23% 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 Nov 2015, the weight rose most in Industrial Capital Goods (+0.4 pts) and Industrial Products (+0.4 pts), and fell most in Banks (−1.4 pts) and Electrical Equipment (−0.2 pts).
- Industrial Capital Goods3.3% → 3.7%+0.4 pts
- Industrial Products1.7% → 2.1%+0.4 pts
- Construction4.8% → 5.1%+0.3 pts
- IT - Software10.7% → 11.0%+0.3 pts
- Agricultural, Commercial & Construction Vehicles2.1% → 2.3%+0.2 pts
- Leisure Services3.4% → 3.6%+0.2 pts
- Banks15.2% → 13.8%−1.4 pts
- Electrical Equipment6.1% → 5.9%−0.2 pts
- Realty2.6% → 2.5%−0.1 pts
- Insurance2.4% → 2.2%−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 | Dec 2012 | Dec 2014 | Jun 2015 | Sep 2015 | Nov 2015 | Dec 2015 |
|---|---|---|---|---|---|---|
| Banks | 15.5% | 18.2% | 15.3% | 14.3% | 15.2% | 13.8% |
| IT - Software | 8.7% | 10.1% | 7.8% | 10.1% | 10.7% | 11.0% |
| Pharmaceuticals & Biotechnology | 14.8% | 8.7% | 10.2% | 9.6% | 8.6% | 8.7% |
| Electrical Equipment | 2.9% | 5.2% | 6.8% | 6.2% | 6.1% | 5.9% |
| Industrial Manufacturing | 1.7% | 4.6% | 5.0% | 6.2% | 5.9% | 5.8% |
| Automobiles | 2.2% | 4.4% | 4.8% | 6.3% | 5.3% | 5.3% |
| Construction | 5.8% | 5.3% | 5.8% | 5.0% | 4.8% | 5.1% |
| Cement & Cement Products | — | 2.9% | 4.5% | 4.0% | 4.1% | 4.1% |
| Food Products | 0.6% | 2.8% | 3.9% | 3.8% | 3.8% | 3.9% |
| Industrial Capital Goods | 1.1% | 3.7% | 3.8% | 3.3% | 3.3% | 3.7% |
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, Dec 2015
3.0%
▼ 0.1 pts vs Nov 2015
- Cash alone
- 0.6%
- cash and net receivables
- A year earlier
- 1.5%
- Dec 2014 · now ▲ 1.5 pts
- Last 12 months
- 1.2% – 3.6%
- lowest to highest · record 4.6% in Nov 2012
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.