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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
₹2,851 Cr
down ₹127 Cr vs May 2018
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In June 2018 it disclosed 27 stocks worth ₹2,851 Cr, down ₹127 Cr from May 2018. Its largest positions were HDFC Bank Limited (16.9%), ICICI Bank Limited (11.8%), State Bank of India (9.6%); the ten largest together made up 68.2% of the portfolio, and Banks was the biggest sector at 60.8% of its equity. Cash and debt stood at 3.6%. Compared with May 2018 the fund entered 1 new stock and exited 2.
Against 227 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
10%
Holds more stocks than 10% of peers
Cash
54%
Holds more cash than 54% of peers
What these mean: concentration · cash
Holdings in June 2018
Download CSVEvery line the fund disclosed, with the change against May 2018. 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 | 16.87% | down 2.57 pts | ₹481 Cr | down ₹98 Cr | Trimmed |
| ICICI Bank Limited | 11.77% | up 2.28 pts | ₹336 Cr | up ₹53.1 Cr | Added |
| State Bank of India | 9.58% | up 0.05 pts | ₹273 Cr | down ₹10.7 Cr | Trimmed |
| Bharat Financial Inclusion Limited | 5.87% | up 0.19 pts | ₹167 Cr | down ₹1.8 Cr | Trimmed |
| Axis Bank Limited | 5.54% | up 4.09 pts | ₹158 Cr | up ₹115 Cr | Added |
| PNB Housing Finance Limited | 3.94% | up 0.32 pts | ₹112 Cr | up ₹4.4 Cr | Added |
| Reliance Capital Ltd | 3.94% | down 0.12 pts | ₹112 Cr | down ₹8.6 Cr | Trimmed |
| Yes Bank Limited | 3.75% | up 0.67 pts | ₹107 Cr | up ₹15.2 Cr | Added |
| Cash, TREPS & receivables | 3.61% | up 0.25 pts | ₹103 Cr | up ₹2.9 Cr | Added |
| The Federal Bank Limited | 3.57% | up 0.03 pts | ₹102 Cr | down ₹3.7 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 3.33% | up 0.76 pts | ₹94.9 Cr | up ₹18.4 Cr | Added |
| RBL Bank Limited | 3.32% | up 0.35 pts | ₹94.5 Cr | up ₹6.2 Cr | Added |
| Poonawalla Fincorp Limited | 3.00% | down 0.11 pts | ₹85.5 Cr | down ₹7.1 Cr | Trimmed |
| SBI Life Insurance Company Limited | 2.76% | up 0.06 pts | ₹78.6 Cr | down ₹1.8 Cr | Trimmed |
| Muthoot Finance Limited | 2.57% | up 0.70 pts | ₹73.2 Cr | up ₹17.5 Cr | Added |
| Max Financial Services Limited | 2.20% | down 0.19 pts | ₹62.8 Cr | down ₹8.3 Cr | Trimmed |
| Equitas Holdings Limited | 1.97% | down 0.31 pts | ₹56.2 Cr | down ₹11.7 Cr | Trimmed |
| Shriram City Union Finance Limited | 1.81% | down 0.09 pts | ₹51.6 Cr | down ₹5 Cr | Trimmed |
| Aditya Birla Capital Limited | 1.48% | down 0.08 pts | ₹42.1 Cr | down ₹4.3 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.38% | up 0.04 pts | ₹39.2 Cr | down ₹53 L | Trimmed |
| ICICI Prudential Life Insurance Company Limited | 1.32% | down 0.10 pts | ₹37.7 Cr | down ₹4.5 Cr | Trimmed |
| Credit Analysis and Research Limited | 1.00% | up 0.01 pts | ₹28.6 Cr | down ₹96 L | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 1.00% | down 1.57 pts | ₹28.5 Cr | down ₹48.1 Cr | Trimmed |
| Reliance Home Finance Limited | 0.99% | up 0.12 pts | ₹28.3 Cr | up ₹2.4 Cr | Added |
| City Union Bank Limited | 0.91% | down 0.02 pts | ₹25.8 Cr | down ₹1.6 Cr | Trimmed |
| Canara Bank | 0.88% | up 0.88 pts | ₹25.2 Cr | up ₹25.2 Cr | New |
| DCB Bank Limited | 0.83% | down 0.06 pts | ₹23.6 Cr | down ₹3 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 0.48% | up <0.01 pts | ₹13.6 Cr | down ₹52 L | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.34% | up 0.07 pts | ₹9.7 Cr | up ₹1.6 Cr | Added |
What changed, May 2018 to Jun 2018
New New positions (1)
- Canara Bank0.9% · ₹25.2 Cr
Exited Exited (2)
- Kotak Mahindra Bank Limitedwas 4.2% · ₹124 Cr
- Shriram Transport Finance Company Limitedwas 0.5% · ₹14.5 Cr
Added Biggest additions
- Axis Bank Limitedup ₹115 Cr (+4.09% pts)
- ICICI Bank Limitedup ₹53.1 Cr (+2.28% pts)
- Housing Development Finance Corporation 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 May 2018, the weight rose most in Banks (+1.2 pts), and fell most in Finance (−0.9 pts) and Insurance (−0.3 pts).
- Banks59.6% → 60.8%+1.2 pts
- Finance33.6% → 32.7%−0.9 pts
- Insurance6.8% → 6.5%−0.3 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 | Jun 2015 | Jun 2017 | Dec 2017 | Mar 2018 | May 2018 | Jun 2018 |
|---|---|---|---|---|---|---|
| Banks | 76.6% | 69.5% | 62.7% | 59.4% | 59.6% | 60.8% |
| Finance | 20.9% | 24.0% | 28.3% | 32.4% | 33.6% | 32.7% |
| Insurance | 2.5% | 6.5% | 9.0% | 7.8% | 6.8% | 6.5% |
Allocation in Jun 2018change vs May 2018
- Banks (11)60.8%▲ 1.2 pts
- Finance (13)32.7%▼ 0.9 pts
- Insurance (3)6.5%▼ 0.3 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, Jun 2018
3.6%
▼ 0.7 pts vs May 2018
- Cash alone
- 3.6%
- cash and net receivables
- A year earlier
- 4.7%
- Jun 2017 · now ▼ 1.1 pts
- Last 12 months
- 2.4% – 6.5%
- 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.