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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
₹3,520 Cr
up ₹147 Cr vs Nov 2017
- Stocks held
- 54
- up 2 vs Nov 2017
- Top 10 weight
- 42.1%
- of the portfolio in its ten largest
- Cash & debt
- 3.1%
- cash, money market and debt
- Moves this month
- 2 in · 0 out
- added to 10, trimmed 17
Reliance Value Fund is an active equity fund in the Value / Contra category from Nippon India Mutual Fund. In December 2017 it disclosed 54 stocks worth ₹3,520 Cr, up ₹147 Cr from Nov 2017. Its largest positions were Honeywell Automation India Limited (8.7%), Bombay Burmah Trading Corporation Limited (6.0%), HDFC Bank Limited (5.2%); the ten largest together made up 42.1% of the portfolio, and Banks was the biggest sector at 17.2% of its equity. Cash and debt stood at 3.1%. Compared with Nov 2017 the fund entered 2 new stocks and exited 0.
Against 27 other Value / Contra funds
Concentration
74%
Top-10 weight is higher than 74% of peers
Breadth
33%
Holds more stocks than 33% of peers
Cash
37%
Holds more cash than 37% of peers
Holdings in December 2017
Download CSVEvery line the fund disclosed, with the change against Nov 2017. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 8.69%
- Δ weight
- up 0.70 pts
- Value
- ₹306 Cr
- Δ value
- up ₹36.3 Cr
- Status
- Added
- Weight
- 5.98%
- Δ weight
- down 1.42 pts
- Value
- ₹211 Cr
- Δ value
- down ₹39.2 Cr
- Status
- Trimmed
- Weight
- 5.16%
- Δ weight
- down 0.17 pts
- Value
- ₹182 Cr
- Δ value
- up ₹1.8 Cr
- Status
- Added
- Weight
- 3.75%
- Δ weight
- down 0.03 pts
- Value
- ₹132 Cr
- Δ value
- up ₹4.4 Cr
- Status
- Added
- Weight
- 3.56%
- Δ weight
- up 0.50 pts
- Value
- ₹125 Cr
- Δ value
- up ₹22.2 Cr
- Status
- Added
- Weight
- 3.52%
- Δ weight
- down 0.28 pts
- Value
- ₹124 Cr
- Δ value
- down ₹4.2 Cr
- Status
- Trimmed
- Weight
- 2.93%
- Δ weight
- up 0.42 pts
- Value
- ₹103 Cr
- Δ value
- up ₹18.3 Cr
- Status
- Added
- Weight
- 2.92%
- Δ weight
- up 0.02 pts
- Value
- ₹103 Cr
- Δ value
- up ₹4.9 Cr
- Status
- Added
- ICICI Bank LimitedMoney market
- Weight
- 2.80%
- Δ weight
- up 2.80 pts
- Value
- ₹98.6 Cr
- Δ value
- up ₹98.6 Cr
- Status
- New
- Weight
- 2.79%
- Δ weight
- up 0.08 pts
- Value
- ₹98.1 Cr
- Δ value
- up ₹6.7 Cr
- Status
- Added
- Weight
- 2.68%
- Δ weight
- up 0.03 pts
- Value
- ₹94.4 Cr
- Δ value
- up ₹4.9 Cr
- Status
- Added
- Weight
- 2.60%
- Δ weight
- down 0.09 pts
- Value
- ₹91.7 Cr
- Δ value
- up ₹77 L
- Status
- Added
- Weight
- 2.54%
- Δ weight
- down 0.12 pts
- Value
- ₹89.4 Cr
- Δ value
- down ₹32 L
- Status
- Held
- Weight
- 2.51%
- Δ weight
- up 0.31 pts
- Value
- ₹88.4 Cr
- Δ value
- up ₹14.1 Cr
- Status
- Added
- Weight
- 2.42%
- Δ weight
- down 0.01 pts
- Value
- ₹85.3 Cr
- Δ value
- up ₹3.2 Cr
- Status
- Added
- Weight
- 2.24%
- Δ weight
- down 0.07 pts
- Value
- ₹78.8 Cr
- Δ value
- up ₹77 L
- Status
- Added
- Weight
- 2.19%
- Δ weight
- up 0.02 pts
- Value
- ₹77 Cr
- Δ value
- up ₹4 Cr
- Status
- Added
- Weight
- 2.13%
- Δ weight
- down 0.19 pts
- Value
- ₹74.8 Cr
- Δ value
- down ₹3.3 Cr
- Status
- Trimmed
- Weight
- 2.07%
- Δ weight
- up 0.08 pts
- Value
- ₹72.8 Cr
- Δ value
- up ₹5.7 Cr
- Status
- Added
- Weight
- 1.99%
- Δ weight
- up 0.11 pts
- Value
- ₹70.1 Cr
- Δ value
- up ₹6.5 Cr
- Status
- Added
- Weight
- 1.86%
- Δ weight
- up 0.05 pts
- Value
- ₹65.6 Cr
- Δ value
- up ₹4.4 Cr
- Status
- Added
- Weight
- 1.85%
- Δ weight
- up 0.06 pts
- Value
- ₹65.2 Cr
- Δ value
- up ₹4.9 Cr
- Status
- Added
- Weight
- 1.83%
- Δ weight
- down <0.01 pts
- Value
- ₹64.5 Cr
- Δ value
- up ₹2.7 Cr
- Status
- Added
- Weight
- 1.75%
- Δ weight
- down 0.14 pts
- Value
- ₹61.7 Cr
- Δ value
- down ₹2.1 Cr
- Status
- Trimmed
- Weight
- 1.69%
- Δ weight
- down 0.12 pts
- Value
- ₹59.5 Cr
- Δ value
- down ₹1.4 Cr
- Status
- Trimmed
- Weight
- 1.69%
- Δ weight
- down 0.13 pts
- Value
- ₹59.5 Cr
- Δ value
- down ₹2.1 Cr
- Status
- Trimmed
- Weight
- 1.54%
- Δ weight
- down 0.10 pts
- Value
- ₹54.3 Cr
- Δ value
- down ₹1.1 Cr
- Status
- Trimmed
- Weight
- 1.52%
- Δ weight
- down 0.02 pts
- Value
- ₹53.6 Cr
- Δ value
- up ₹1.7 Cr
- Status
- Added
- Weight
- 1.51%
- Δ weight
- up 0.31 pts
- Value
- ₹53.3 Cr
- Δ value
- up ₹12.5 Cr
- Status
- Added
- Weight
- 1.44%
- Δ weight
- down 0.08 pts
- Value
- ₹50.8 Cr
- Δ value
- down ₹65 L
- Status
- Trimmed
- Weight
- 1.44%
- Δ weight
- down 0.14 pts
- Value
- ₹50.7 Cr
- Δ value
- down ₹2.5 Cr
- Status
- Trimmed
- Weight
- 1.44%
- Δ weight
- up 0.16 pts
- Value
- ₹50.5 Cr
- Δ value
- up ₹7.6 Cr
- Status
- Added
- Weight
- 1.39%
- Δ weight
- down 0.19 pts
- Value
- ₹48.9 Cr
- Δ value
- down ₹4.5 Cr
- Status
- Trimmed
- Weight
- 1.25%
- Δ weight
- down 0.07 pts
- Value
- ₹44 Cr
- Δ value
- down ₹35 L
- Status
- Trimmed
- Weight
- 1.16%
- Δ weight
- up 0.77 pts
- Value
- ₹41 Cr
- Δ value
- up ₹27.8 Cr
- Status
- Added
- Weight
- 1.15%
- Δ weight
- down <0.01 pts
- Value
- ₹40.4 Cr
- Δ value
- up ₹1.6 Cr
- Status
- Added
- Weight
- 1.06%
- Δ weight
- down 0.01 pts
- Value
- ₹37.1 Cr
- Δ value
- up ₹1.2 Cr
- Status
- Added
- Weight
- 1.03%
- Δ weight
- down 0.10 pts
- Value
- ₹36.2 Cr
- Δ value
- down ₹1.8 Cr
- Status
- Trimmed
- Weight
- 1.02%
- Δ weight
- down <0.01 pts
- Value
- ₹36.1 Cr
- Δ value
- up ₹1.4 Cr
- Status
- Added
- Weight
- 0.76%
- Δ weight
- up 0.01 pts
- Value
- ₹26.9 Cr
- Δ value
- up ₹1.4 Cr
- Status
- Added
- Weight
- 0.71%
- Δ weight
- down 0.11 pts
- Value
- ₹24.9 Cr
- Δ value
- down ₹2.7 Cr
- Status
- Trimmed
- Weight
- 0.70%
- Δ weight
- down 0.10 pts
- Value
- ₹24.6 Cr
- Δ value
- down ₹2.5 Cr
- Status
- Trimmed
- Weight
- 0.64%
- Δ weight
- down 0.03 pts
- Value
- ₹22.5 Cr
- Δ value
- up ₹7 L
- Status
- Held
- Weight
- 0.54%
- Δ weight
- up 0.54 pts
- Value
- ₹19 Cr
- Δ value
- up ₹19 Cr
- Status
- New
- Weight
- 0.50%
- Δ weight
- down 0.03 pts
- Value
- ₹17.6 Cr
- Δ value
- down ₹14 L
- Status
- Trimmed
- Weight
- 0.43%
- Δ weight
- down 0.04 pts
- Value
- ₹15.2 Cr
- Δ value
- down ₹85 L
- Status
- Trimmed
- Weight
- 0.42%
- Δ weight
- up 0.01 pts
- Value
- ₹14.9 Cr
- Δ value
- up ₹1.1 Cr
- Status
- Added
- Weight
- 0.40%
- Δ weight
- up 0.40 pts
- Value
- ₹14 Cr
- Δ value
- up ₹14 Cr
- Status
- New
- Weight
- 0.39%
- Δ weight
- up 0.03 pts
- Value
- ₹13.8 Cr
- Δ value
- up ₹1.7 Cr
- Status
- Added
- Weight
- 0.33%
- Δ weight
- down 0.01 pts
- Value
- ₹11.7 Cr
- Δ value
- up ₹10 L
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 0.33%
- Δ weight
- down 0.83 pts
- Value
- ₹11.5 Cr
- Δ value
- down ₹27.4 Cr
- Status
- Trimmed
- Weight
- 0.28%
- Δ weight
- down 0.03 pts
- Value
- ₹10 Cr
- Δ value
- down ₹54 L
- Status
- Trimmed
- Weight
- 0.28%
- Δ weight
- up 0.18 pts
- Value
- ₹9.7 Cr
- Δ value
- up ₹6.3 Cr
- Status
- Added
- Weight
- 0.16%
- Δ weight
- up 0.04 pts
- Value
- ₹5.8 Cr
- Δ value
- up ₹1.5 Cr
- Status
- Added
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
What changed, Nov 2017 to Dec 2017
New New positions (2)
- Syndicate Bank0.5% · ₹19 Cr
- Union Bank of India0.4% · ₹14 Cr
Exited Exited (0)
None.
Added Biggest additions
- Honeywell Automation India Limitedup ₹36.3 Cr (+0.70% pts)
- Reliance Infrastructure Limitedup ₹27.8 Cr (+0.77% pts)
- The Phoenix Mills Limitedup ₹22.2 Cr (+0.50% pts)
- Cholamandalam Financial Holdings Limited
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 2017, the weight rose most in Power (+0.8 pts) and Industrial Manufacturing (+0.6 pts), and fell most in Food Products (−1.5 pts) and Leisure Services (−0.4 pts).
- Power0.4% → 1.2%+0.8 pts
- Industrial Manufacturing8.3% → 9.0%+0.6 pts
- Realty3.2% → 3.7%+0.5 pts
- Finance6.8% → 7.3%+0.5 pts
- Media & Entertainment1.7% → 2.0%+0.3 pts
- Construction6.2% → 6.5%+0.2 pts
- Food Products7.7% → 6.2%−1.5 pts
- Leisure Services5.0% → 4.6%−0.4 pts
- Healthcare Services2.7% → 2.5%−0.3 pts
- Fertilisers1.7% → 1.4%−0.2 pts
- Cement & Cement Products5.0% → 4.9%−0.2 pts
- Automobiles2.8% → 2.7%−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 | Dec 2014 | Dec 2016 | Jun 2017 | Sep 2017 | Nov 2017 | Dec 2017 |
|---|---|---|---|---|---|---|
| Banks | 18.2% | 15.8% | 18.3% | 17.3% | 17.3% | 17.2% |
| Industrial Manufacturing | 4.6% | 6.4% | 6.3% | 8.3% | 8.3% | 9.0% |
| Finance | 3.3% | 5.8% | 6.6% | 6.9% | 6.8% | 7.3% |
| IT - Software | 10.1% | 10.0% | 7.0% | 7.0% | 6.8% | 6.7% |
| Construction | 5.3% | 5.1% | 6.0% | 6.4% | 6.2% | 6.5% |
| Food Products | 2.8% | 4.7% | 5.8% | 7.8% | 7.7% | 6.2% |
| Cement & Cement Products | 2.9% | 4.8% | 6.1% | 5.3% | 5.0% | 4.9% |
| Pharmaceuticals & Biotechnology | 8.7% | 5.4% | 3.9% | 4.5% | 4.7% | 4.8% |
| Leisure Services | 1.2% | 3.6% | 4.0% | 4.5% | 5.0% | 4.6% |
| Auto Components | 1.7% | 2.0% | 2.3% | 3.1% | 3.7% | 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 2017
3.1%
▼ 1.0 pts vs Nov 2017
- Cash alone
- 0.4%
- cash and net receivables
- A year earlier
- 6.8%
- Dec 2016 · now ▼ 3.7 pts
- Last 12 months
- 2.1% – 6.3%
- lowest to highest · record 6.8% in Dec 2016
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.