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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
₹1,617 Cr
down ₹114 Cr vs May 2013
- Stocks held
- 25
- up 1 vs May 2013
- Top 10 weight
- 75.8%
- 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 June 2013 it disclosed 25 stocks worth ₹1,617 Cr, down ₹114 Cr from May 2013. Its largest positions were ICICI Bank Limited (19.3%), HDFC Bank Limited (17.5%), The Federal Bank Limited (5.4%); the ten largest together made up 75.8% of the portfolio, and Banks was the biggest sector at 81.1% of its equity. Cash and debt stood at 3.0%. Compared with May 2013 the fund entered 1 new stock and exited 0.
Against 227 other Sectoral / Thematic funds
Concentration
97%
Top-10 weight is higher than 97% of peers
Breadth
7%
Holds more stocks than 7% of peers
Cash
44%
Holds more cash than 44% of peers
What these mean: concentration · cash
Holdings in June 2013
Download CSVEvery line the fund disclosed, with the change against May 2013. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 19.29% | up 1.53 pts | ₹312 Cr | up ₹4.5 Cr | Added |
| HDFC Bank Limited | 17.46% | up 1.30 pts | ₹282 Cr | up ₹2.6 Cr | Added |
| The Federal Bank Limited | 5.36% | down 0.15 pts | ₹86.7 Cr | down ₹8.7 Cr | Trimmed |
| Indiabulls Housing Finance Limited | 5.24% | up 0.34 pts | ₹84.7 Cr | — | Held |
| Bajaj Finance Limited | 5.14% | down 2.73 pts | ₹83.1 Cr | down ₹53 Cr | Trimmed |
| State Bank of India | 4.99% | up 0.11 pts | ₹80.8 Cr | down ₹3.8 Cr | Trimmed |
| Axis Bank Limited | 4.94% | down 0.04 pts | ₹79.8 Cr | down ₹6.3 Cr | Trimmed |
| Bank of Baroda | 4.76% | down 0.29 pts | ₹77.1 Cr | down ₹10.4 Cr | Trimmed |
| Canara Bank | 4.44% | down 0.30 pts | ₹71.8 Cr | down ₹10.2 Cr | Trimmed |
| ING Vysya Bank Ltd | 4.12% | down 0.40 pts | ₹66.7 Cr | down ₹11.5 Cr | Trimmed |
| Yes Bank Limited | 3.36% | up 0.04 pts | ₹54.4 Cr | down ₹3.1 Cr | Trimmed |
| Oriental Bank of Commerce | 3.12% | down 0.32 pts | ₹50.5 Cr | down ₹9.1 Cr | Trimmed |
| LIC Housing Finance Limited | 3.12% | up 0.19 pts | ₹50.4 Cr | down ₹23 L | Held |
| Cash, TREPS & receivables | 3.05% | up 0.06 pts | ₹49.2 Cr | down ₹2.4 Cr | Trimmed |
| The Jammu & Kashmir Bank Limited | 2.23% | up 0.15 pts | ₹36 Cr | up ₹9 L | Held |
| Corporation Bank | 2.17% | down 0.06 pts | ₹35 Cr | down ₹3.5 Cr | Trimmed |
| Union Bank of India | 1.23% | down 0.13 pts | ₹19.9 Cr | down ₹3.6 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.11% | up 0.03 pts | ₹17.9 Cr | down ₹82 L | Trimmed |
| Repco Home Finance Limited | 1.08% | up 0.13 pts | ₹17.4 Cr | up ₹1.1 Cr | Added |
| IDFC LTD. | 0.95% | down 0.05 pts | ₹15.4 Cr | down ₹2 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 0.79% | up 0.79 pts | ₹12.8 Cr | up ₹12.8 Cr | New |
| Reliance Capital Ltd | 0.68% | up 0.06 pts | ₹11 Cr | up ₹34 L | Added |
| Manappuram Finance Limited | 0.53% | down 0.28 pts | ₹8.5 Cr | down ₹5.5 Cr | Trimmed |
| Max Financial Services Limited | 0.43% | up <0.01 pts | ₹7 Cr | down ₹48 L | Trimmed |
| GIC Housing Finance Limited | 0.21% | up <0.01 pts | ₹3.4 Cr | down ₹15 L | Trimmed |
| Motilal Oswal Financial Services Limited | 0.20% | down <0.01 pts | ₹3.3 Cr | down ₹28 L | Trimmed |
What changed, May 2013 to Jun 2013
New New positions (1)
- Housing Development Finance Corporation Limited0.8% · ₹12.8 Cr
Exited Exited (0)
None.
Added Biggest additions
- ICICI Bank Limitedup ₹4.5 Cr (+1.53% pts)
- HDFC Bank Limitedup ₹2.6 Cr (+1.30% pts)
- Repco Home Finance Limitedup ₹1.1 Cr (+0.13% pts)
- Reliance Capital Ltdup ₹34 L (+0.06% pts)
Biggest reductions
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 May 2013, the weight rose most in Banks (+1.6 pts), and fell most in Finance (−1.6 pts).
- Banks79.5% → 81.1%+1.6 pts
- Finance19.9% → 18.3%−1.6 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 | Dec 2012 | Mar 2013 | May 2013 | Jun 2013 |
|---|---|---|---|---|
| Banks | 81.5% | 80.2% | 79.5% | 81.1% |
| Finance | 17.8% | 19.1% | 19.9% | 18.3% |
| Insurance | 0.4% | 0.5% | 0.4% | 0.4% |
| Capital Markets | 0.2% | 0.2% | 0.2% | 0.2% |
Allocation in Jun 2013change vs May 2013
- Banks (14)81.1%▲ 1.6 pts
- Finance (9)18.3%▼ 1.6 pts
- Insurance (1)0.4%
- 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. More on reading cash.
Cash & debt, Jun 2013
3.0%
▲ 0.1 pts vs May 2013
- Cash alone
- 3.0%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.0% – 4.4%
- lowest to highest · record 4.4% in Apr 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.