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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
₹2,166 Cr
up ₹70.5 Cr vs Nov 2014
- Stocks held
- 26
- down 1 vs Nov 2014
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In December 2014 it disclosed 26 stocks worth ₹2,166 Cr, up ₹70.5 Cr from Nov 2014. Its largest positions were HDFC Bank Limited (19.8%), ICICI Bank Limited (15.5%), State Bank of India (8.0%); the ten largest together made up 73.8% of the portfolio, and Banks was the biggest sector at 72.0% of its equity. Cash and debt stood at 2.8%. Compared with Nov 2014 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
8%
Holds more stocks than 8% of peers
Cash
40%
Holds more cash than 40% of peers
What these mean: concentration · cash
Holdings in December 2014
Download CSVEvery line the fund disclosed, with the change against Nov 2014. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 19.77% | down 0.78 pts | ₹428 Cr | down ₹2.5 Cr | Trimmed |
| ICICI Bank Limited | 15.49% | down 0.42 pts | ₹335 Cr | up ₹2.1 Cr | Added |
| State Bank of India | 8.03% | up 0.20 pts | ₹174 Cr | up ₹9.9 Cr | Added |
| Yes Bank Limited | 6.43% | up 1.33 pts | ₹139 Cr | up ₹32.5 Cr | Added |
| Indiabulls Housing Finance Limited | 5.75% | down 0.08 pts | ₹125 Cr | up ₹2.5 Cr | Added |
| IDFC LTD. | 4.12% | down 0.04 pts | ₹89.1 Cr | up ₹2 Cr | Added |
| The Federal Bank Limited | 3.93% | down 0.13 pts | ₹85 Cr | down ₹6 L | Held |
| Axis Bank Limited | 3.54% | up 1.18 pts | ₹76.7 Cr | up ₹27.3 Cr | Added |
| Housing Development Finance Corporation Limited | 3.41% | down 0.19 pts | ₹73.9 Cr | down ₹1.6 Cr | Trimmed |
| Bajaj Finance Limited | 3.35% | down 0.67 pts | ₹72.5 Cr | down ₹11.6 Cr | Trimmed |
| Max Financial Services Limited | 2.76% | up 0.13 pts | ₹59.8 Cr | up ₹4.6 Cr | Added |
| Reliance Capital Ltd | 2.62% | down 0.26 pts | ₹56.7 Cr | down ₹3.5 Cr | Trimmed |
| ING Vysya Bank Ltd | 2.40% | up 0.06 pts | ₹52 Cr | up ₹3 Cr | Added |
| Allahabad Bank Money market | 2.29% | up 2.29 pts | ₹49.7 Cr | up ₹49.7 Cr | New |
| Oriental Bank of Commerce | 2.26% | up 0.16 pts | ₹49 Cr | up ₹4.9 Cr | Added |
| The Jammu & Kashmir Bank Limited | 1.95% | up 0.09 pts | ₹42.2 Cr | up ₹3.2 Cr | Added |
| Karur Vysya Bank Limited | 1.78% | up 0.06 pts | ₹38.5 Cr | up ₹2.5 Cr | Added |
| Credit Analysis and Research Limited | 1.40% | down <0.01 pts | ₹30.4 Cr | up ₹95 L | Added |
| Union Bank of India | 1.18% | up 0.08 pts | ₹25.6 Cr | up ₹2.6 Cr | Added |
| Manappuram Finance Limited | 1.15% | down 0.13 pts | ₹24.9 Cr | down ₹1.9 Cr | Trimmed |
| Union Bank of India Money market | 1.14% | up 1.14 pts | ₹24.7 Cr | up ₹24.7 Cr | New |
| Bank of India | 1.05% | up 0.01 pts | ₹22.8 Cr | up ₹98 L | Added |
| Sundaram Finance Limited | 0.99% | down 0.04 pts | ₹21.3 Cr | down ₹8 L | Held |
| Andhra Bank | 0.87% | up 0.05 pts | ₹18.9 Cr | up ₹1.7 Cr | Added |
| Canara Bank | 0.83% | up 0.04 pts | ₹17.9 Cr | up ₹1.5 Cr | Added |
| R*Shares Banking ETF - Dividend Option Fund units | 0.74% | down 0.02 pts | ₹16.1 Cr | up ₹17 L | Added |
| Bharat Financial Inclusion Limited | 0.57% | up 0.06 pts | ₹12.4 Cr | up ₹1.7 Cr | Added |
| Edelweiss Financial Services Limited | 0.51% | down 0.02 pts | ₹11 Cr | up ₹4 L | Held |
| GIC Housing Finance Limited | 0.35% | up 0.04 pts | ₹7.6 Cr | up ₹1.1 Cr | Added |
| Cash, TREPS & receivables | −0.66% | down 3.64 pts | −₹14.3 Cr | down ₹76.6 Cr | Trimmed |
What changed, Nov 2014 to Dec 2014
New New positions (0)
None.
Exited Exited (1)
- UCO Bankwas 0.5% · ₹11.1 Cr
Added Biggest additions
- Yes Bank Limitedup ₹32.5 Cr (+1.33% pts)
- Axis Bank Limitedup ₹27.3 Cr (+1.18% pts)
- State Bank of Indiaup ₹9.9 Cr (+0.20% pts)
- Oriental Bank of Commerceup ₹4.9 Cr (+0.16% pts)
- Max Financial Services 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 Nov 2014, the weight rose most in Banks (+1.3 pts) and Insurance (+0.1 pts), and fell most in Finance (−1.4 pts).
- Banks70.7% → 72.0%+1.3 pts
- Insurance2.7% → 2.9%+0.1 pts
- Finance26.5% → 25.1%−1.4 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 | Dec 2013 | Jun 2014 | Sep 2014 | Nov 2014 | Dec 2014 |
|---|---|---|---|---|---|
| Banks | 75.4% | 69.3% | 66.1% | 70.7% | 72.0% |
| Finance | 22.4% | 28.2% | 31.1% | 26.5% | 25.1% |
| Insurance | 2.2% | 2.5% | 2.8% | 2.7% | 2.9% |
Allocation in Dec 2014change vs Nov 2014
- Banks (14)72.0%▲ 1.3 pts
- Finance (11)25.1%▼ 1.4 pts
- Insurance (1)2.9%▲ 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, Dec 2014
2.8%
▼ 0.2 pts vs Nov 2014
- Cash alone
- −0.7%
- cash and net receivables
- A year earlier
- 0.8%
- Dec 2013 · now ▲ 2.0 pts
- Last 12 months
- 1.1% – 7.6%
- lowest to highest · record 7.6% in Oct 2014
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.