Loading…
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
₹2,968 Cr
down ₹46.3 Cr vs Aug 2017
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In September 2017 it disclosed 31 stocks worth ₹2,968 Cr, down ₹46.3 Cr from Aug 2017. Its largest positions were HDFC Bank Limited (21.8%), ICICI Bank Limited (13.0%), State Bank of India (7.6%); the ten largest together made up 70.7% of the portfolio, and Banks was the biggest sector at 66.9% of its equity. Cash and debt stood at 2.4%. Compared with Aug 2017 the fund entered 5 new stocks and exited 0.
Against 227 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
16%
Holds more stocks than 16% of peers
Cash
33%
Holds more cash than 33% of peers
What these mean: concentration · cash
Holdings in September 2017
Download CSVEvery line the fund disclosed, with the change against Aug 2017. 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 | 21.84% | up 0.68 pts | ₹648 Cr | up ₹10.5 Cr | Added |
| ICICI Bank Limited | 13.00% | down 0.79 pts | ₹386 Cr | down ₹29.9 Cr | Trimmed |
| State Bank of India | 7.58% | down 0.59 pts | ₹225 Cr | down ₹21.2 Cr | Trimmed |
| IndusInd Bank Limited | 5.77% | up 0.17 pts | ₹171 Cr | up ₹2.6 Cr | Added |
| Reliance Capital Ltd | 5.39% | down 1.90 pts | ₹160 Cr | down ₹59.8 Cr | Trimmed |
| Yes Bank Limited | 4.10% | up 0.06 pts | ₹122 Cr | down ₹21 L | Held |
| The Federal Bank Limited | 3.96% | up 0.21 pts | ₹117 Cr | up ₹4.5 Cr | Added |
| Muthoot Finance Limited | 3.14% | up 0.04 pts | ₹93.2 Cr | down ₹27 L | Held |
| ICICI Prudential Life Insurance Company Limited | 3.03% | down 0.25 pts | ₹90 Cr | down ₹8.8 Cr | Trimmed |
| Max Financial Services Limited | 2.89% | down 0.01 pts | ₹85.7 Cr | down ₹1.5 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 2.80% | up 0.64 pts | ₹83.1 Cr | up ₹17.9 Cr | Added |
| Cash, TREPS & receivables | 2.39% | down 2.96 pts | ₹70.8 Cr | down ₹90.2 Cr | Trimmed |
| GIC Housing Finance Limited | 2.12% | up 0.02 pts | ₹62.9 Cr | down ₹33 L | Trimmed |
| Edelweiss Financial Services Limited | 2.05% | down 0.22 pts | ₹61 Cr | down ₹7.5 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.75% | up 0.05 pts | ₹51.9 Cr | up ₹68 L | Added |
| Bajaj Finance Limited | 1.74% | up 0.25 pts | ₹51.6 Cr | up ₹6.9 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 1.62% | up 0.13 pts | ₹48 Cr | up ₹3.2 Cr | Added |
| SBI Life Insurance Company Limited | 1.43% | up 1.43 pts | ₹42.5 Cr | up ₹42.5 Cr | New |
| RBL Bank Limited | 1.28% | up 0.29 pts | ₹38 Cr | up ₹8.1 Cr | Added |
| Indiabulls Housing Finance Limited | 1.23% | up 0.01 pts | ₹36.5 Cr | down ₹26 L | Trimmed |
| L&T Finance Limited | 1.23% | down 0.02 pts | ₹36.4 Cr | down ₹1.2 Cr | Trimmed |
| City Union Bank Limited | 1.06% | up 0.04 pts | ₹31.6 Cr | up ₹66 L | Added |
| Credit Analysis and Research Limited | 1.05% | down 0.07 pts | ₹31 Cr | down ₹2.7 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 1.03% | up 0.04 pts | ₹30.6 Cr | up ₹80 L | Added |
| Housing Development Finance Corporation Limited | 0.94% | up 0.94 pts | ₹27.9 Cr | up ₹27.9 Cr | New |
| Bank of Baroda | 0.93% | up 0.01 pts | ₹27.5 Cr | down ₹5 L | Held |
| Axis Bank Limited | 0.92% | up 0.03 pts | ₹27.2 Cr | up ₹47 L | Added |
| Reliance Home Finance Limited | 0.91% | up 0.91 pts | ₹27.1 Cr | up ₹27.1 Cr | New |
| DCB Bank Limited | 0.88% | up <0.01 pts | ₹26.1 Cr | down ₹30 L | Trimmed |
| Bharat Financial Inclusion Limited | 0.64% | up 0.64 pts | ₹18.9 Cr | up ₹18.9 Cr | New |
| Vijaya Bank | 0.55% | up 0.55 pts | ₹16.3 Cr | up ₹16.3 Cr | New |
| AU Small Finance Bank Limited | 0.52% | up 0.03 pts | ₹15.4 Cr | up ₹52 L | Added |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.25% | down 0.37 pts | ₹7.3 Cr | down ₹11.3 Cr | Trimmed |
What changed, Aug 2017 to Sep 2017
New New positions (5)
- SBI Life Insurance Company Limited1.4% · ₹42.5 Cr
- Housing Development Finance Corporation Limited0.9% · ₹27.9 Cr
- Reliance Home Finance Limited0.9% · ₹27.1 Cr
- Bharat Financial Inclusion Limited0.6% · ₹18.9 Cr
- Vijaya Bank0.5% · ₹16.3 Cr
Exited Exited (0)
None.
Added Biggest additions
- Cholamandalam Investment and Finance Company Limited ₹17.9 Cr (+0.64% 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 Aug 2017, the weight rose most in Insurance (+1.0 pts) and Finance (+0.5 pts), and fell most in Banks (−1.5 pts).
- Insurance6.6% → 7.6%+1.0 pts
- Finance25.0% → 25.5%+0.5 pts
- Banks68.5% → 66.9%−1.5 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 | Sep 2014 | Sep 2016 | Mar 2017 | Jun 2017 | Aug 2017 | Sep 2017 |
|---|---|---|---|---|---|---|
| Banks | 66.1% | 82.0% | 74.5% | 69.5% | 68.5% | 66.9% |
| Finance | 31.1% | 15.2% | 20.8% | 24.0% | 25.0% | 25.5% |
| Insurance | 2.8% | 2.8% | 4.7% | 6.5% | 6.6% | 7.6% |
Allocation in Sep 2017change vs Aug 2017
- Banks (15)66.9%▼ 1.5 pts
- Finance (13)25.5%▲ 0.5 pts
- Insurance (3)7.6%▲ 1.0 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, Sep 2017
2.4%
▼ 3.0 pts vs Aug 2017
- Cash alone
- 2.4%
- cash and net receivables
- A year earlier
- 3.8%
- Sep 2016 · now ▼ 1.4 pts
- Last 12 months
- 1.7% – 9.0%
- lowest to highest · record 9.0% in Apr 2017
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.