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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
₹1,334 Cr
down ₹3.9 Cr vs Jan 2014
- Stocks held
- 22
- unchanged
- Top 10 weight
- 77.4%
- 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 February 2014 it disclosed 22 stocks worth ₹1,334 Cr, down ₹3.9 Cr from Jan 2014. Its largest positions were HDFC Bank Limited (20.7%), ICICI Bank Limited (18.8%), The Jammu & Kashmir Bank Limited (6.3%); the ten largest together made up 77.4% of the portfolio, and Banks was the biggest sector at 75.2% of its equity. Cash and debt stood at 1.1%. Compared with Jan 2014 the fund entered 1 new stock and exited 1.
Against 227 other Sectoral / Thematic funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
4%
Holds more stocks than 4% of peers
Cash
15%
Holds more cash than 15% of peers
Holdings in February 2014
Download CSVEvery line the fund disclosed, with the change against Jan 2014. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 20.68% | up 1.33 pts | ₹276 Cr | up ₹16.9 Cr | Added |
| ICICI Bank Limited | 18.78% | up 1.06 pts | ₹251 Cr | up ₹13.5 Cr | Added |
| The Jammu & Kashmir Bank Limited | 6.32% | down 0.26 pts | ₹84.2 Cr | down ₹3.8 Cr | Trimmed |
| Bajaj Finance Limited | 5.89% | up 0.17 pts | ₹78.6 Cr | up ₹2 Cr | Added |
| Housing Development Finance Corporation Limited | 4.68% | up 4.68 pts | ₹62.4 Cr | up ₹62.4 Cr | New |
| Indiabulls Housing Finance Limited | 4.64% | down 0.34 pts | ₹61.9 Cr | down ₹4.8 Cr | Trimmed |
| ING Vysya Bank Ltd | 4.30% | up 0.19 pts | ₹57.3 Cr | up ₹2.3 Cr | Added |
| Yes Bank Limited | 4.18% | down 0.02 pts | ₹55.7 Cr | down ₹49 L | Trimmed |
| Bank of Baroda | 4.13% | down 0.79 pts | ₹55.1 Cr | down ₹10.7 Cr | Trimmed |
| Axis Bank Limited | 3.82% | down 0.39 pts | ₹51 Cr | down ₹5.4 Cr | Trimmed |
| Canara Bank | 3.75% | down 0.08 pts | ₹50 Cr | down ₹1.2 Cr | Trimmed |
| Oriental Bank of Commerce | 3.06% | down 0.12 pts | ₹40.9 Cr | down ₹1.8 Cr | Trimmed |
| LIC Housing Finance Limited | 3.06% | up 0.17 pts | ₹40.8 Cr | up ₹2.1 Cr | Added |
| The Federal Bank Limited | 2.96% | down 0.09 pts | ₹39.5 Cr | down ₹1.3 Cr | Trimmed |
| Max Financial Services Limited | 2.20% | up 0.03 pts | ₹29.3 Cr | up ₹38 L | Added |
| Manappuram Finance Limited | 1.24% | up 0.16 pts | ₹16.5 Cr | up ₹2.1 Cr | Added |
| Repco Home Finance Limited | 1.15% | down 0.05 pts | ₹15.3 Cr | down ₹77 L | Trimmed |
| Cash, TREPS & receivables | 1.15% | down 1.94 pts | ₹15.3 Cr | down ₹26 Cr | Trimmed |
| Karur Vysya Bank Limited | 0.97% | down 0.02 pts | ₹13 Cr | down ₹36 L | Trimmed |
| IDFC LTD. | 0.85% | up 0.01 pts | ₹11.3 Cr | up ₹10 L | Added |
| Union Bank of India | 0.82% | down 0.04 pts | ₹11 Cr | down ₹57 L | Trimmed |
| Reliance Capital Ltd | 0.76% | down 0.04 pts | ₹10.1 Cr | down ₹52 L | Trimmed |
| UCO Bank | 0.61% | down 0.01 pts | ₹8.1 Cr | down ₹18 L | Trimmed |
What changed, Jan 2014 to Feb 2014
New New positions (1)
- Housing Development Finance Corporation Limited4.7% · ₹62.4 Cr
Exited Exited (1)
- State Bank of Indiawas 3.6% · ₹48 Cr
Added Biggest additions
- HDFC Bank Limitedup ₹16.9 Cr (+1.33% pts)
- ICICI Bank Limitedup ₹13.5 Cr (+1.06% pts)
- ING Vysya Bank Ltdup ₹2.3 Cr (+0.19% pts)
- Manappuram Finance 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 Jan 2014, the weight rose most in Finance (+4.5 pts), and fell most in Banks (−4.4 pts).
- Finance18.1% → 22.5%+4.5 pts
- Banks79.7% → 75.2%−4.4 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 | Aug 2013 | Nov 2013 | Jan 2014 | Feb 2014 |
|---|---|---|---|---|---|
| Banks | 79.6% | 78.3% | 77.6% | 79.7% | 75.2% |
| Finance | 19.7% | 21.2% | 20.8% | 18.1% | 22.5% |
| Insurance | 0.5% | 0.5% | 1.6% | 2.2% | 2.2% |
Allocation in Feb 2014change vs Jan 2014
- Banks (13)75.2%▼ 4.4 pts
- Finance (8)22.5%▲ 4.5 pts
- Insurance (1)2.2%
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, Feb 2014
1.1%
▼ 1.9 pts vs Jan 2014
- Cash alone
- 1.1%
- cash and net receivables
- A year earlier
- 2.5%
- Feb 2013 · now ▼ 1.4 pts
- Last 12 months
- 0.8% – 5.9%
- lowest to highest · record 5.9% in Oct 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.