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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
₹1,261 Cr
down ₹126 Cr vs Jul 2013
- Stocks held
- 23
- down 1 vs Jul 2013
- Top 10 weight
- 72.8%
- 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 August 2013 it disclosed 23 stocks worth ₹1,261 Cr, down ₹126 Cr from Jul 2013. Its largest positions were HDFC Bank Limited (19.9%), ICICI Bank Limited (18.6%), Indiabulls Housing Finance Limited (5.1%); the ten largest together made up 72.8% of the portfolio, and Banks was the biggest sector at 78.3% of its equity. Cash and debt stood at 5.2%. Compared with Jul 2013 the fund entered 0 new stocks and exited 1.
Against 227 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
5%
Holds more stocks than 5% of peers
Cash
74%
Holds more cash than 74% of peers
Holdings in August 2013
Download CSVEvery line the fund disclosed, with the change against Jul 2013. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 19.88% | up 1.33 pts | ₹251 Cr | down ₹6.6 Cr | Trimmed |
| ICICI Bank Limited | 18.58% | down 0.53 pts | ₹234 Cr | down ₹30.7 Cr | Trimmed |
| Cash, TREPS & receivables | 5.24% | up 1.60 pts | ₹66.1 Cr | up ₹15.6 Cr | Added |
| Indiabulls Housing Finance Limited | 5.05% | up 0.34 pts | ₹63.7 Cr | down ₹1.7 Cr | Trimmed |
| Bank of Baroda | 4.91% | down 0.53 pts | ₹61.8 Cr | down ₹13.5 Cr | Trimmed |
| Bajaj Finance Limited | 4.89% | down 0.06 pts | ₹61.6 Cr | down ₹7 Cr | Trimmed |
| Axis Bank Limited | 4.64% | up 0.15 pts | ₹58.5 Cr | down ₹3.8 Cr | Trimmed |
| The Federal Bank Limited | 4.31% | down 1.04 pts | ₹54.3 Cr | down ₹19.8 Cr | Trimmed |
| ING Vysya Bank Ltd | 3.65% | down 0.22 pts | ₹46 Cr | down ₹7.7 Cr | Trimmed |
| The Jammu & Kashmir Bank Limited | 3.47% | up 0.32 pts | ₹43.8 Cr | up ₹6 L | Held |
| Housing Development Finance Corporation Limited | 3.44% | up 1.74 pts | ₹43.4 Cr | up ₹19.8 Cr | Added |
| Canara Bank | 3.20% | down 0.73 pts | ₹40.4 Cr | down ₹14.2 Cr | Trimmed |
| Yes Bank Limited | 2.66% | down 0.09 pts | ₹33.6 Cr | down ₹4.6 Cr | Trimmed |
| LIC Housing Finance Limited | 2.60% | up 0.24 pts | ₹32.8 Cr | up ₹4 L | Held |
| State Bank of India | 2.57% | down 1.91 pts | ₹32.4 Cr | down ₹29.7 Cr | Trimmed |
| Oriental Bank of Commerce | 2.46% | down 0.27 pts | ₹31 Cr | down ₹6.9 Cr | Trimmed |
| Corporation Bank | 1.98% | down 0.08 pts | ₹25 Cr | down ₹3.7 Cr | Trimmed |
| Repco Home Finance Limited | 1.37% | down 0.01 pts | ₹17.3 Cr | down ₹1.9 Cr | Trimmed |
| Manappuram Finance Limited | 1.18% | up 0.45 pts | ₹14.9 Cr | up ₹4.7 Cr | Added |
| Karur Vysya Bank Limited | 1.01% | down 0.12 pts | ₹12.7 Cr | down ₹3 Cr | Trimmed |
| Union Bank of India | 0.86% | down 0.16 pts | ₹10.9 Cr | down ₹3.3 Cr | Trimmed |
| Reliance Capital Ltd | 0.81% | up <0.01 pts | ₹10.2 Cr | down ₹1 Cr | Trimmed |
| IDFC LTD. | 0.77% | down 0.18 pts | ₹9.7 Cr | down ₹3.5 Cr | Trimmed |
| Max Financial Services Limited | 0.45% | down 0.03 pts | ₹5.7 Cr | down ₹100 L | Trimmed |
What changed, Jul 2013 to Aug 2013
New New positions (0)
None.
Exited Exited (1)
- GIC Housing Finance Limitedwas 0.2% · ₹2.5 Cr
Added Biggest additions
- Housing Development Finance Corporation Limitedup ₹19.8 Cr (+1.74% pts)
- Manappuram Finance Limitedup ₹4.7 Cr (+0.45% pts)
Trimmed Biggest reductions
- ICICI Bank Limiteddown ₹30.7 Cr (−0.53% 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 Jul 2013, the weight rose most in Finance (+2.8 pts), and fell most in Banks (−2.7 pts).
- Finance18.5% → 21.2%+2.8 pts
- Banks81.0% → 78.3%−2.7 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 | Feb 2013 | May 2013 | Jul 2013 | Aug 2013 |
|---|---|---|---|---|
| Banks | 79.6% | 79.5% | 81.0% | 78.3% |
| Finance | 19.7% | 19.9% | 18.5% | 21.2% |
| Insurance | 0.5% | 0.4% | 0.5% | 0.5% |
Allocation in Aug 2013change vs Jul 2013
- Banks (14)78.3%▼ 2.7 pts
- Finance (8)21.2%▲ 2.8 pts
- Insurance (1)0.5%
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, Aug 2013
5.2%
▲ 1.6 pts vs Jul 2013
- Cash alone
- 5.3%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.0% – 5.2%
- lowest to highest · record 5.2% in Aug 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.