Loading…
Sectoral / Thematic · Nippon India Mutual Fund · AMFI code 101865Reliance Banking Fund
Disclosed for 84 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE BANKING FUND (An open ended equity scheme investing in Banking sector)
Portfolio value
₹1,697 Cr
down ₹60.6 Cr vs Feb 2013
- Stocks held
- 25
- unchanged
- Top 10 weight
- 77.8%
- of the portfolio in its ten largest
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In March 2013 it disclosed 25 stocks worth ₹1,697 Cr, down ₹60.6 Cr from Feb 2013. Its largest positions were ICICI Bank Limited (20.1%), HDFC Bank Limited (14.7%), Bajaj Finance Limited (7.2%); the ten largest together made up 77.8% of the portfolio, and Banks was the biggest sector at 80.2% of its equity. Cash and debt stood at 2.1%. Compared with Feb 2013 the fund entered 2 new stocks and exited 2.
Against 227 other Sectoral / Thematic funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
7%
Holds more stocks than 7% of peers
Cash
32%
Holds more cash than 32% of peers
Holdings in March 2013
Download CSVEvery line the fund disclosed, with the change against Feb 2013. Click a column to sort; click a company to see every fund that owns it.
| ICICI Bank Limited | 20.10% | up 0.78 pts | ₹341 Cr | up ₹1.6 Cr | Held |
| HDFC Bank Limited | 14.72% | up 0.51 pts | ₹250 Cr | — | Held |
| Bajaj Finance Limited | 7.21% | down 0.39 pts | ₹122 Cr | down ₹11.2 Cr | Trimmed |
| The Federal Bank Limited | 6.57% | up 0.06 pts | ₹111 Cr | down ₹2.9 Cr | Trimmed |
| Axis Bank Limited | 5.38% | up 0.01 pts | ₹91.3 Cr | down ₹3.1 Cr | Trimmed |
| Bank of Baroda | 5.34% | up 0.03 pts | ₹90.6 Cr | down ₹2.7 Cr | Trimmed |
| State Bank of India | 5.05% | up 0.15 pts | ₹85.7 Cr | down ₹34 L | Held |
| Indiabulls Housing Finance Limited | 4.99% | up 4.99 pts | ₹84.7 Cr | up ₹84.7 Cr | New |
| Canara Bank | 4.51% | down 0.20 pts | ₹76.5 Cr | down ₹6.3 Cr | Trimmed |
| ING Vysya Bank Ltd | 3.94% | up 0.28 pts | ₹66.9 Cr | up ₹2.6 Cr | Added |
| Oriental Bank of Commerce | 3.62% | down 0.20 pts | ₹61.5 Cr | down ₹5.7 Cr | Trimmed |
| Yes Bank Limited | 2.98% | down 0.19 pts | ₹50.6 Cr | down ₹5.1 Cr | Trimmed |
| LIC Housing Finance Limited | 2.62% | up 0.01 pts | ₹44.5 Cr | down ₹1.5 Cr | Trimmed |
| Corporation Bank | 2.26% | down 0.02 pts | ₹38.3 Cr | down ₹1.7 Cr | Trimmed |
| Cash, TREPS & receivables | 2.15% | down 0.38 pts | ₹36.5 Cr | down ₹7.9 Cr | Trimmed |
| The Jammu & Kashmir Bank Limited | 2.06% | up 0.10 pts | ₹35 Cr | up ₹57 L | Added |
| Union Bank of India | 1.37% | up 0.08 pts | ₹23.3 Cr | up ₹62 L | Added |
| Karur Vysya Bank Limited | 1.09% | down <0.01 pts | ₹18.5 Cr | down ₹71 L | Trimmed |
| Manappuram Finance Limited | 1.02% | down 0.57 pts | ₹17.3 Cr | down ₹10.7 Cr | Trimmed |
| IDFC LTD. | 1.02% | down <0.01 pts | ₹17.3 Cr | down ₹69 L | Trimmed |
| Housing Development Finance Corporation Limited | 0.61% | up 0.07 pts | ₹10.3 Cr | up ₹86 L | Added |
| Reliance Capital Ltd | 0.60% | down 0.07 pts | ₹10.2 Cr | down ₹1.6 Cr | Trimmed |
| Repco Home Finance Limited | 0.56% | up 0.56 pts | ₹9.5 Cr | up ₹9.5 Cr | New |
| Max Financial Services Limited | 0.46% | down 0.02 pts | ₹7.8 Cr | down ₹66 L | Trimmed |
| GIC Housing Finance Limited | 0.19% | down 0.01 pts | ₹3.3 Cr | down ₹37 L | Trimmed |
| Motilal Oswal Financial Services Limited | 0.18% | down 0.02 pts | ₹3.1 Cr | down ₹40 L | Trimmed |
| Housing Development Finance Corporation Ltd April 2013 Future Derivative | −0.61% | down 0.61 pts | −₹10.4 Cr | down ₹10.4 Cr | New |
What changed, Feb 2013 to Mar 2013
New New positions (2)
- Indiabulls Housing Finance Limited5.0% · ₹84.7 Cr
- Repco Home Finance Limited0.6% · ₹9.5 Cr
Exited Exited (2)
- Indiabulls Financial Services Ltdwas 4.5% · ₹78.5 Cr
- Mahindra & Mahindra Financial Services Limitedwas 0.5% · ₹8.8 Cr
Added Biggest additions
- ING Vysya Bank Ltdup ₹2.6 Cr (+0.28% pts)
- Housing Development Finance Corporation 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 Feb 2013, the weight rose most in Banks (+0.6 pts), and fell most in Finance (−0.6 pts).
- Banks79.6% → 80.2%+0.6 pts
- Finance19.7% → 19.1%−0.6 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 2012 | Dec 2012 | Feb 2013 | Mar 2013 |
|---|---|---|---|---|
| Banks | 82.6% | 81.5% | 79.6% | 80.2% |
| Finance | 16.7% | 17.8% | 19.7% | 19.1% |
| Insurance | 0.4% | 0.4% | 0.5% | 0.5% |
| Capital Markets | 0.3% | 0.2% | 0.2% | 0.2% |
Allocation in Mar 2013change vs Feb 2013
- Banks (14)80.2%▲ 0.6 pts
- Finance (9)19.1%▼ 0.6 pts
- Insurance (1)0.5%
- Capital Markets (1)0.2%
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 2013
2.1%
▼ 0.4 pts vs Feb 2013
- Cash alone
- 2.2%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.0% – 2.6%
- lowest to highest · record 2.6% in Sep 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.