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
₹3,134 Cr
up ₹33.1 Cr vs Dec 2017
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In January 2018 it disclosed 27 stocks worth ₹3,134 Cr, up ₹33.1 Cr from Dec 2017. Its largest positions were HDFC Bank Limited (25.0%), ICICI Bank Limited (13.5%), Bharat Financial Inclusion Limited (8.0%); the ten largest together made up 74.0% of the portfolio, and Banks was the biggest sector at 63.8% of its equity. Cash and debt stood at 2.5%. Compared with Dec 2017 the fund entered 1 new stock and exited 4.
Against 227 other Sectoral / Thematic funds
Concentration
96%
Top-10 weight is higher than 96% of peers
Breadth
10%
Holds more stocks than 10% of peers
Cash
36%
Holds more cash than 36% of peers
What these mean: concentration · cash
Holdings in January 2018
Download CSVEvery line the fund disclosed, with the change against Dec 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 | 24.96% | up 1.41 pts | ₹782 Cr | up ₹52 Cr | Added |
| ICICI Bank Limited | 13.46% | down 0.67 pts | ₹422 Cr | down ₹16.3 Cr | Trimmed |
| Bharat Financial Inclusion Limited | 8.04% | up 1.93 pts | ₹252 Cr | up ₹62.6 Cr | Added |
| State Bank of India | 7.61% | up 1.27 pts | ₹238 Cr | up ₹42 Cr | Added |
| Kotak Mahindra Bank Limited | 4.63% | up 0.37 pts | ₹145 Cr | up ₹12.9 Cr | Added |
| Reliance Capital Ltd | 4.43% | down 0.85 pts | ₹139 Cr | down ₹24.9 Cr | Trimmed |
| The Federal Bank Limited | 3.34% | down 0.31 pts | ₹105 Cr | down ₹8.4 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 2.58% | up 0.30 pts | ₹81 Cr | up ₹10.2 Cr | Added |
| HDFC Life Insurance Company Limited | 2.51% | up 0.22 pts | ₹78.5 Cr | up ₹7.5 Cr | Added |
| Max Financial Services Limited | 2.47% | down 0.30 pts | ₹77.5 Cr | down ₹8.5 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 2.46% | down 0.72 pts | ₹77.2 Cr | down ₹21.6 Cr | Trimmed |
| ICICI Prudential Life Insurance Company Limited | 2.08% | up 0.10 pts | ₹65 Cr | up ₹3.7 Cr | Added |
| Muthoot Finance Limited | 2.00% | down 0.46 pts | ₹62.8 Cr | down ₹13.7 Cr | Trimmed |
| PNB Housing Finance Limited | 1.86% | up 0.89 pts | ₹58.4 Cr | up ₹28.2 Cr | Added |
| RBL Bank Limited | 1.79% | down 0.04 pts | ₹56 Cr | down ₹73 L | Trimmed |
| Cash, TREPS & receivables | 1.68% | up 0.87 pts | ₹52.6 Cr | up ₹27.4 Cr | Added |
| Bajaj Finance Limited | 1.50% | down 0.09 pts | ₹47.1 Cr | down ₹2.2 Cr | Trimmed |
| Yes Bank Limited | 1.47% | up 1.47 pts | ₹46.1 Cr | up ₹46.1 Cr | New |
| Axis Bank Limited | 1.41% | up 0.06 pts | ₹44.2 Cr | up ₹2.2 Cr | Added |
| Indiabulls Housing Finance Limited | 1.34% | up 0.18 pts | ₹42.1 Cr | up ₹5.9 Cr | Added |
| SBI Life Insurance Company Limited | 1.28% | down 0.08 pts | ₹40.1 Cr | down ₹2.1 Cr | Trimmed |
| Bank of Baroda | 1.00% | down 0.04 pts | ₹31.4 Cr | down ₹77 L | Trimmed |
| Credit Analysis and Research Limited | 0.99% | up 0.01 pts | ₹31 Cr | up ₹66 L | Added |
| City Union Bank Limited | 0.98% | down 0.14 pts | ₹30.9 Cr | down ₹4.1 Cr | Trimmed |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 0.88% | down 0.82 pts | ₹27.6 Cr | down ₹25 Cr | Trimmed |
| SBI Cards & Payment Services Pvt Limited Money market | 0.80% | up 0.80 pts | ₹24.9 Cr | up ₹24.9 Cr | New |
| DCB Bank Limited | 0.80% | down 0.11 pts | ₹24.9 Cr | down ₹3.2 Cr | Trimmed |
| Reliance Home Finance Limited | 0.70% | down 0.10 pts | ₹21.9 Cr | down ₹2.9 Cr | Trimmed |
| Karur Vysya Bank Limited | 0.58% | down 0.08 pts | ₹18.1 Cr | down ₹2.3 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.37% | up 0.15 pts | ₹11.5 Cr | up ₹4.9 Cr | Added |
What changed, Dec 2017 to Jan 2018
New New positions (1)
- Yes Bank Limited1.5% · ₹46.1 Cr
Exited Exited (4)
- IndusInd Bank Limitedwas 1.3% · ₹40.9 Cr
- Aditya Birla Capital Limitedwas 0.9% · ₹28 Cr
- AU Small Finance Bank Limitedwas 0.6% · ₹18 Cr
- The New India Assurance Company Limitedwas 0.3% · ₹10 Cr
Added Biggest additions
- Bharat Financial Inclusion Limitedup ₹62.6 Cr (+1.93% 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 Dec 2017, the weight rose most in Banks (+1.2 pts), and fell most in Finance (−0.7 pts) and Insurance (−0.4 pts).
- Banks62.7% → 63.8%+1.2 pts
- Finance28.3% → 27.6%−0.7 pts
- Insurance9.0% → 8.6%−0.4 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 | Jan 2015 | Jan 2017 | Jul 2017 | Oct 2017 | Dec 2017 | Jan 2018 |
|---|---|---|---|---|---|---|
| Banks | 75.0% | 79.2% | 70.5% | 65.4% | 62.7% | 63.8% |
| Finance | 21.7% | 16.6% | 23.3% | 27.2% | 28.3% | 27.6% |
| Insurance | 3.2% | 4.1% | 6.2% | 7.5% | 9.0% | 8.6% |
Allocation in Jan 2018change vs Dec 2017
- Banks (12)63.8%▲ 1.2 pts
- Finance (11)27.6%▼ 0.7 pts
- Insurance (4)8.6%▼ 0.4 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, Jan 2018
2.5%
▼ 0.4 pts vs Dec 2017
- Cash alone
- 1.7%
- cash and net receivables
- A year earlier
- 4.7%
- Jan 2017 · now ▼ 2.3 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.