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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
₹1,387 Cr
down ₹231 Cr vs Jun 2013
- Stocks held
- 24
- down 1 vs Jun 2013
- Top 10 weight
- 74.9%
- 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 July 2013 it disclosed 24 stocks worth ₹1,387 Cr, down ₹231 Cr from Jun 2013. Its largest positions were ICICI Bank Limited (19.1%), HDFC Bank Limited (18.6%), Bank of Baroda (5.4%); the ten largest together made up 74.9% of the portfolio, and Banks was the biggest sector at 81.0% of its equity. Cash and debt stood at 3.6%. Compared with Jun 2013 the fund entered 0 new stocks and exited 1.
Against 227 other Sectoral / Thematic funds
Concentration
96%
Top-10 weight is higher than 96% of peers
Breadth
5%
Holds more stocks than 5% of peers
Cash
54%
Holds more cash than 54% of peers
What these mean: concentration · cash
Holdings in July 2013
Download CSVEvery line the fund disclosed, with the change against Jun 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 | 19.10% | down 0.19 pts | ₹265 Cr | down ₹47.1 Cr | Trimmed |
| HDFC Bank Limited | 18.55% | up 1.09 pts | ₹257 Cr | down ₹25.2 Cr | Trimmed |
| Bank of Baroda | 5.44% | up 0.67 pts | ₹75.4 Cr | down ₹1.7 Cr | Trimmed |
| The Federal Bank Limited | 5.34% | down 0.02 pts | ₹74.1 Cr | down ₹12.6 Cr | Trimmed |
| Bajaj Finance Limited | 4.95% | down 0.19 pts | ₹68.6 Cr | down ₹14.4 Cr | Trimmed |
| Indiabulls Housing Finance Limited | 4.72% | down 0.52 pts | ₹65.4 Cr | down ₹19.3 Cr | Trimmed |
| Axis Bank Limited | 4.49% | down 0.44 pts | ₹62.3 Cr | down ₹17.5 Cr | Trimmed |
| State Bank of India | 4.48% | down 0.52 pts | ₹62.1 Cr | down ₹18.7 Cr | Trimmed |
| Canara Bank | 3.94% | down 0.51 pts | ₹54.6 Cr | down ₹17.3 Cr | Trimmed |
| ING Vysya Bank Ltd | 3.87% | down 0.25 pts | ₹53.7 Cr | down ₹12.9 Cr | Trimmed |
| Cash, TREPS & receivables | 3.64% | up 0.59 pts | ₹50.4 Cr | up ₹1.2 Cr | Added |
| The Jammu & Kashmir Bank Limited | 3.16% | up 0.93 pts | ₹43.8 Cr | up ₹7.8 Cr | Added |
| Yes Bank Limited | 2.76% | down 0.61 pts | ₹38.2 Cr | down ₹16.2 Cr | Trimmed |
| Oriental Bank of Commerce | 2.73% | down 0.39 pts | ₹37.9 Cr | down ₹12.5 Cr | Trimmed |
| LIC Housing Finance Limited | 2.36% | down 0.75 pts | ₹32.8 Cr | down ₹17.6 Cr | Trimmed |
| Corporation Bank | 2.07% | down 0.10 pts | ₹28.7 Cr | down ₹6.4 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 1.71% | up 0.92 pts | ₹23.7 Cr | up ₹10.9 Cr | Added |
| Repco Home Finance Limited | 1.38% | up 0.31 pts | ₹19.2 Cr | up ₹1.7 Cr | Added |
| Karur Vysya Bank Limited | 1.13% | up 0.02 pts | ₹15.7 Cr | down ₹2.3 Cr | Trimmed |
| Union Bank of India | 1.03% | down 0.21 pts | ₹14.2 Cr | down ₹5.7 Cr | Trimmed |
| IDFC LTD. | 0.95% | down <0.01 pts | ₹13.2 Cr | down ₹2.2 Cr | Trimmed |
| Reliance Capital Ltd | 0.81% | up 0.13 pts | ₹11.2 Cr | up ₹20 L | Added |
| Manappuram Finance Limited | 0.74% | up 0.21 pts | ₹10.2 Cr | up ₹1.7 Cr | Added |
| Max Financial Services Limited | 0.48% | up 0.05 pts | ₹6.7 Cr | down ₹35 L | Trimmed |
| GIC Housing Finance Limited | 0.18% | down 0.03 pts | ₹2.5 Cr | down ₹86 L | Trimmed |
What changed, Jun 2013 to Jul 2013
New New positions (0)
None.
Exited Exited (1)
- Motilal Oswal Financial Services Limitedwas 0.2% · ₹3.3 Cr
Added Biggest additions
- Housing Development Finance Corporation Limitedup ₹10.9 Cr (+0.92% pts)
- The Jammu & Kashmir Bank Limitedup ₹7.8 Cr (+0.93% pts)
- Repco Home Finance Limitedup ₹1.7 Cr (+0.31% pts)
- Manappuram Finance Limited ₹1.7 Cr (+0.21% 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 Jun 2013, the weight rose most in Finance (+0.2 pts), and fell most in Capital Markets (−0.2 pts).
- Finance18.3% → 18.5%+0.2 pts
- Capital Markets0.2% → 0.0%exited−0.2 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 | Jan 2013 | Apr 2013 | Jun 2013 | Jul 2013 |
|---|---|---|---|---|
| Banks | 80.4% | 80.3% | 81.1% | 81.0% |
| Finance | 19.0% | 19.1% | 18.3% | 18.5% |
| Insurance | 0.4% | 0.4% | 0.4% | 0.5% |
Allocation in Jul 2013change vs Jun 2013
- Banks (14)81.0%
- Finance (9)18.5%▲ 0.2 pts
- Insurance (1)0.5%▲ 0.1 pts
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, Jul 2013
3.6%
▲ 0.6 pts vs Jun 2013
- Cash alone
- 3.6%
- 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.