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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
₹2,099 Cr
up ₹83.6 Cr vs Apr 2016
- Stocks held
- 26
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In May 2016 it disclosed 26 stocks worth ₹2,099 Cr, up ₹83.6 Cr from Apr 2016. Its largest positions were HDFC Bank Limited (30.3%), ICICI Bank Limited (15.0%), Axis Bank Limited (11.2%); the ten largest together made up 84.3% of the portfolio, and Banks was the biggest sector at 83.7% of its equity. Cash and debt stood at 2.3%. Compared with Apr 2016 the fund entered 1 new stock and exited 2.
Against 230 other Sectoral / Thematic funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
10%
Holds more stocks than 10% of peers
Cash
31%
Holds more cash than 31% of peers
What these mean: concentration · cash
Holdings in May 2016
Download CSVEvery line the fund disclosed, with the change against Apr 2016. 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 | 30.33% | up 0.07 pts | ₹636 Cr | up ₹26.7 Cr | Added |
| ICICI Bank Limited | 14.96% | down 0.13 pts | ₹314 Cr | up ₹9.9 Cr | Added |
| Axis Bank Limited | 11.19% | up 0.50 pts | ₹235 Cr | up ₹19.5 Cr | Added |
| Yes Bank Limited | 7.89% | up 0.39 pts | ₹166 Cr | up ₹14.4 Cr | Added |
| Reliance Capital Ltd | 4.85% | down 0.12 pts | ₹102 Cr | up ₹1.6 Cr | Added |
| State Bank of India | 4.40% | up 0.17 pts | ₹92.2 Cr | up ₹7.2 Cr | Added |
| IndusInd Bank Limited | 3.57% | up 0.03 pts | ₹75 Cr | up ₹3.7 Cr | Added |
| Bank of Baroda | 3.06% | down 0.46 pts | ₹64.2 Cr | down ₹6.8 Cr | Trimmed |
| The Federal Bank Limited | 2.37% | up 0.21 pts | ₹49.7 Cr | up ₹6.2 Cr | Added |
| Cash, TREPS & receivables | 2.32% | down 0.02 pts | ₹48.7 Cr | up ₹1.6 Cr | Added |
| Sundaram Finance Limited | 1.69% | up 0.07 pts | ₹35.4 Cr | up ₹2.8 Cr | Added |
| Max Financial Services Limited | 1.67% | down 0.11 pts | ₹35.1 Cr | down ₹90 L | Trimmed |
| GIC Housing Finance Limited | 1.57% | up 0.02 pts | ₹33 Cr | up ₹1.7 Cr | Added |
| IDFC First Bank Limited | 1.49% | down 0.05 pts | ₹31.4 Cr | up ₹20 L | Added |
| Muthoot Finance Limited | 1.19% | up 0.11 pts | ₹25.1 Cr | up ₹3.2 Cr | Added |
| IDFC LTD. | 0.90% | up 0.24 pts | ₹18.8 Cr | up ₹5.5 Cr | Added |
| Indiabulls Housing Finance Limited | 0.86% | down <0.01 pts | ₹18.1 Cr | up ₹64 L | Added |
| The Jammu & Kashmir Bank Limited | 0.77% | down 0.19 pts | ₹16.2 Cr | down ₹3.2 Cr | Trimmed |
| Ujjivan Financial Services Limited | 0.77% | up 0.27 pts | ₹16.1 Cr | up ₹6.1 Cr | Added |
| Equitas Holdings Limited | 0.70% | up 0.07 pts | ₹14.7 Cr | up ₹1.9 Cr | Added |
| Edelweiss Financial Services Limited | 0.69% | up 0.10 pts | ₹14.5 Cr | up ₹2.7 Cr | Added |
| Indian Overseas Bank | 0.65% | up 0.65 pts | ₹13.6 Cr | up ₹13.6 Cr | New |
| Union Bank of India | 0.60% | down 0.07 pts | ₹12.6 Cr | down ₹96 L | Trimmed |
| Max India Limited | 0.56% | down 0.02 pts | ₹11.8 Cr | — | Held |
| City Union Bank Limited | 0.46% | up 0.04 pts | ₹9.6 Cr | up ₹1.1 Cr | Added |
| Credit Analysis and Research Limited | 0.43% | down 0.03 pts | ₹9.1 Cr | down ₹15 L | Trimmed |
| Max Ventures and Industries Limited | 0.06% | down <0.01 pts | ₹1.3 Cr | — | Held |
What changed, Apr 2016 to May 2016
New New positions (1)
- Indian Overseas Bank0.6% · ₹13.6 Cr
Exited Exited (2)
- Housing Development Finance Corporation Limitedwas 1.1% · ₹21.8 Cr
- Canara Bankwas 0.6% · ₹12.8 Cr
Added Biggest additions
- HDFC Bank Limitedup ₹26.7 Cr (+0.07% pts)
- Axis Bank Limitedup ₹19.5 Cr (+0.50% pts)
- Yes Bank Limitedup ₹14.4 Cr (+0.39% 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 Apr 2016, the weight rose most in Banks (+0.5 pts), and fell most in Finance (−0.4 pts) and Insurance (−0.1 pts).
- Banks83.2% → 83.7%+0.5 pts
- Finance14.4% → 14.0%−0.4 pts
- Insurance1.8% → 1.7%−0.1 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 | May 2013 | May 2015 | Nov 2015 | Feb 2016 | Apr 2016 | May 2016 |
|---|---|---|---|---|---|---|
| Banks | 79.5% | 77.3% | 82.4% | 83.2% | 83.2% | 83.7% |
| Finance | 19.9% | 20.3% | 15.0% | 14.1% | 14.4% | 14.0% |
| Insurance | 0.4% | 2.4% | 2.7% | 2.1% | 1.8% | 1.7% |
| Healthcare Services | — | — | — | 0.7% | 0.6% | 0.6% |
Allocation in May 2016change vs Apr 2016
- Banks (13)83.7%▲ 0.5 pts
- Finance (11)14.0%▼ 0.4 pts
- Insurance (1)1.7%▼ 0.1 pts
- Healthcare Services (1)0.6%
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, May 2016
2.3%
unchanged vs Apr 2016
- Cash alone
- 2.3%
- cash and net receivables
- A year earlier
- 2.8%
- May 2015 · now ▼ 0.5 pts
- Last 12 months
- 0.9% – 5.2%
- 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.