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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
₹1,491 Cr
up ₹157 Cr vs Feb 2014
- Stocks held
- 23
- up 1 vs Feb 2014
- Top 10 weight
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In March 2014 it disclosed 23 stocks worth ₹1,491 Cr, up ₹157 Cr from Feb 2014. Its largest positions were HDFC Bank Limited (19.7%), ICICI Bank Limited (18.4%), The Jammu & Kashmir Bank Limited (6.7%); the ten largest together made up 75.9% of the portfolio, and Banks was the biggest sector at 77.6% of its equity. Cash and debt stood at 1.7%. Compared with Feb 2014 the fund entered 2 new stocks and exited 1.
Against 227 other Sectoral / Thematic funds
Concentration
97%
Top-10 weight is higher than 97% of peers
Breadth
5%
Holds more stocks than 5% of peers
Cash
26%
Holds more cash than 26% of peers
Holdings in March 2014
Download CSVEvery line the fund disclosed, with the change against Feb 2014. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 19.68% | down 1.00 pts | ₹293 Cr | up ₹17.6 Cr | Added |
| ICICI Bank Limited | 18.37% | down 0.41 pts | ₹274 Cr | up ₹23.4 Cr | Added |
| The Jammu & Kashmir Bank Limited | 6.74% | up 0.43 pts | ₹101 Cr | up ₹16.3 Cr | Added |
| Indiabulls Housing Finance Limited | 5.15% | up 0.51 pts | ₹76.8 Cr | up ₹14.9 Cr | Added |
| Yes Bank Limited | 5.07% | up 0.90 pts | ₹75.7 Cr | up ₹19.9 Cr | Added |
| Bajaj Finance Limited | 4.80% | down 1.09 pts | ₹71.6 Cr | down ₹6.9 Cr | Trimmed |
| ING Vysya Bank Ltd | 4.47% | up 0.17 pts | ₹66.7 Cr | up ₹9.3 Cr | Added |
| Canara Bank | 4.10% | up 0.35 pts | ₹61.2 Cr | up ₹11.2 Cr | Added |
| Bank of Baroda | 3.87% | down 0.27 pts | ₹57.7 Cr | up ₹2.5 Cr | Added |
| Oriental Bank of Commerce | 3.65% | up 0.59 pts | ₹54.5 Cr | up ₹13.6 Cr | Added |
| Housing Development Finance Corporation Limited | 3.56% | down 1.12 pts | ₹53 Cr | down ₹9.4 Cr | Trimmed |
| The Federal Bank Limited | 3.30% | up 0.34 pts | ₹49.2 Cr | up ₹9.7 Cr | Added |
| State Bank of India | 3.28% | up 3.28 pts | ₹48.9 Cr | up ₹48.9 Cr | New |
| LIC Housing Finance Limited | 2.50% | down 0.56 pts | ₹37.3 Cr | down ₹3.6 Cr | Trimmed |
| Max Financial Services Limited | 2.13% | down 0.07 pts | ₹31.7 Cr | up ₹2.4 Cr | Added |
| Bank of India | 1.16% | up 1.16 pts | ₹17.3 Cr | up ₹17.3 Cr | New |
| Manappuram Finance Limited | 1.05% | down 0.19 pts | ₹15.7 Cr | down ₹84 L | Trimmed |
| Repco Home Finance Limited | 1.04% | down 0.11 pts | ₹15.5 Cr | up ₹17 L | Added |
| Karur Vysya Bank Limited | 1.04% | up 0.06 pts | ₹15.4 Cr | up ₹2.5 Cr | Added |
| Allahabad Bank Money market | 1.00% | up 1.00 pts | ₹15 Cr | up ₹15 Cr | New |
| IDFC LTD. | 0.99% | up 0.14 pts | ₹14.7 Cr | up ₹3.4 Cr | Added |
| Union Bank of India | 0.98% | up 0.16 pts | ₹14.7 Cr | up ₹3.7 Cr | Added |
| Reliance Capital Ltd | 0.76% | up <0.01 pts | ₹11.3 Cr | up ₹1.2 Cr | Added |
| Cash, TREPS & receivables | 0.69% | down 0.46 pts | ₹10.2 Cr | down ₹5.1 Cr | Trimmed |
| UCO Bank | 0.62% | up 0.01 pts | ₹9.2 Cr | up ₹1 Cr | Added |
What changed, Feb 2014 to Mar 2014
New New positions (2)
- State Bank of India3.3% · ₹48.9 Cr
- Bank of India1.2% · ₹17.3 Cr
Exited Exited (1)
- Axis Bank Limitedwas 3.8% · ₹51 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹23.4 Cr (−0.41% pts)
- Yes Bank Limitedup ₹19.9 Cr (+0.90% pts)
- HDFC Bank Limitedup ₹17.6 Cr (−1.00% 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 Feb 2014, the weight rose most in Banks (+2.4 pts), and fell most in Finance (−2.3 pts).
- Banks75.2% → 77.6%+2.4 pts
- Finance22.5% → 20.2%−2.3 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 | Mar 2013 | Sep 2013 | Dec 2013 | Feb 2014 | Mar 2014 |
|---|---|---|---|---|---|
| Banks | 80.2% | 77.0% | 75.4% | 75.2% | 77.6% |
| Finance | 19.1% | 21.3% | 22.4% | 22.5% | 20.2% |
| Insurance | 0.5% | 1.7% | 2.2% | 2.2% | 2.2% |
Allocation in Mar 2014change vs Feb 2014
- Banks (14)77.6%▲ 2.4 pts
- Finance (8)20.2%▼ 2.3 pts
- Insurance (1)2.2%▼ 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.
Cash & debt, Mar 2014
1.7%
▲ 0.5 pts vs Feb 2014
- Cash alone
- 0.7%
- cash and net receivables
- A year earlier
- 2.1%
- Mar 2013 · now ▼ 0.5 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.