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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
₹2,444 Cr
up ₹115 Cr vs Jan 2017
- Stocks held
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In February 2017 it disclosed 27 stocks worth ₹2,444 Cr, up ₹115 Cr from Jan 2017. Its largest positions were HDFC Bank Limited (21.6%), ICICI Bank Limited (14.0%), Yes Bank Limited (9.5%); the ten largest together made up 77.8% of the portfolio, and Banks was the biggest sector at 75.8% of its equity. Cash and debt stood at 1.7%. Compared with Jan 2017 the fund entered 5 new stocks and exited 2.
Against 227 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
26%
Holds more cash than 26% of peers
Holdings in February 2017
Download CSVEvery line the fund disclosed, with the change against Jan 2017. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 21.64% | down 3.11 pts | ₹529 Cr | down ₹47.7 Cr | Trimmed |
| ICICI Bank Limited | 14.00% | up 0.11 pts | ₹342 Cr | up ₹18.6 Cr | Added |
| Yes Bank Limited | 9.53% | down 0.08 pts | ₹233 Cr | up ₹9.1 Cr | Added |
| State Bank of India | 9.25% | up 0.67 pts | ₹226 Cr | up ₹26.1 Cr | Added |
| IndusInd Bank Limited | 5.74% | up 0.43 pts | ₹140 Cr | up ₹16.5 Cr | Added |
| Reliance Capital Ltd | 5.41% | up 0.62 pts | ₹132 Cr | up ₹20.6 Cr | Added |
| Axis Bank Limited | 3.73% | up 0.13 pts | ₹91.2 Cr | up ₹7.3 Cr | Added |
| The Federal Bank Limited | 3.39% | up 0.29 pts | ₹82.9 Cr | up ₹10.7 Cr | Added |
| Muthoot Finance Limited | 2.57% | up 0.45 pts | ₹62.8 Cr | up ₹13.5 Cr | Added |
| ICICI Prudential Life Insurance Company Limited | 2.49% | up 0.42 pts | ₹60.8 Cr | up ₹12.5 Cr | Added |
| Max Financial Services Limited | 2.39% | up 0.53 pts | ₹58.3 Cr | up ₹15.1 Cr | Added |
| Bank of Baroda | 2.36% | down 0.11 pts | ₹57.8 Cr | up ₹5 L | Held |
| Power Finance Corporation Limited | 2.17% | down 0.01 pts | ₹53 Cr | up ₹2.3 Cr | Added |
| Edelweiss Financial Services Limited | 1.85% | up 0.29 pts | ₹45.2 Cr | up ₹8.9 Cr | Added |
| RBL Bank Limited | 1.84% | down 0.04 pts | ₹44.9 Cr | up ₹1.3 Cr | Added |
| Cash, TREPS & receivables | 1.69% | down 3.05 pts | ₹41.4 Cr | down ₹69.1 Cr | Trimmed |
| Bajaj Finance Limited | 1.58% | up 0.03 pts | ₹38.6 Cr | up ₹2.5 Cr | Added |
| GIC Housing Finance Limited | 1.54% | up 0.04 pts | ₹37.5 Cr | up ₹2.8 Cr | Added |
| Indiabulls Housing Finance Limited | 1.08% | up 0.10 pts | ₹26.4 Cr | up ₹3.7 Cr | Added |
| Karur Vysya Bank Limited | 0.89% | up 0.89 pts | ₹21.8 Cr | up ₹21.8 Cr | New |
| The Jammu & Kashmir Bank Limited | 0.85% | up 0.08 pts | ₹20.8 Cr | up ₹2.9 Cr | Added |
| Equitas Holdings Limited | 0.84% | up 0.20 pts | ₹20.4 Cr | up ₹5.5 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 0.80% | up 0.80 pts | ₹19.5 Cr | up ₹19.5 Cr | New |
| Canara Bank | 0.73% | up 0.73 pts | ₹17.8 Cr | up ₹17.8 Cr | New |
| L&T Finance Limited | 0.57% | up 0.57 pts | ₹14 Cr | up ₹14 Cr | New |
| City Union Bank Limited | 0.53% | down 0.05 pts | ₹13 Cr | down ₹52 L | Trimmed |
| Credit Analysis and Research Limited | 0.52% | down 0.02 pts | ₹12.8 Cr | up ₹5 L | Held |
| Canara Bank Rights Form | 0.02% | up 0.02 pts | ₹53 L | up ₹53 L | New |
What changed, Jan 2017 to Feb 2017
New New positions (5)
- Karur Vysya Bank Limited0.9% · ₹21.8 Cr
- Cholamandalam Investment and Finance Company Limited0.8% · ₹19.5 Cr
- Canara Bank0.7% · ₹17.8 Cr
- L&T Finance Limited0.6% · ₹14 Cr
- Canara Bank Rights Form<0.1% · ₹53 L
Exited Exited (2)
- Union Bank of Indiawas 0.7% · ₹15.4 Cr
- IDFC First Bank Limitedwas 0.3% · ₹6.1 Cr
Added Biggest additions
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 2017, the weight rose most in Finance (+2.6 pts) and Insurance (+0.8 pts), and fell most in Banks (−3.4 pts).
- Finance16.6% → 19.2%+2.6 pts
- Insurance4.1% → 5.0%+0.8 pts
- Banks79.2% → 75.8%−3.4 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 2014 | Feb 2016 | Aug 2016 | Nov 2016 | Jan 2017 | Feb 2017 |
|---|---|---|---|---|---|---|
| Banks | 75.2% | 83.2% | 83.4% | 80.4% | 79.2% | 75.8% |
| Finance | 22.5% | 14.1% | 14.1% | 16.8% | 16.6% | 19.2% |
| Insurance | 2.2% | 2.1% | 2.5% | 2.8% | 4.1% | 5.0% |
Allocation in Feb 2017change vs Jan 2017
- Banks (14)75.8%▼ 3.4 pts
- Finance (11)19.2%▲ 2.6 pts
- Insurance (2)5.0%▲ 0.8 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, Feb 2017
1.7%
▼ 3.1 pts vs Jan 2017
- Cash alone
- 1.7%
- cash and net receivables
- A year earlier
- 2.5%
- Feb 2016 · now ▼ 0.8 pts
- Last 12 months
- 1.7% – 7.2%
- 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.