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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
₹2,764 Cr
up ₹103 Cr vs Oct 2018
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In November 2018 it disclosed 24 stocks worth ₹2,764 Cr, up ₹103 Cr from Oct 2018. Its largest positions were ICICI Bank Limited (14.3%), HDFC Bank Limited (11.4%), State Bank of India (10.8%); the ten largest together made up 66.7% of the portfolio, and Banks was the biggest sector at 63.0% of its equity. Cash and debt stood at 7.5%. Compared with Oct 2018 the fund entered 0 new stocks and exited 2.
Against 227 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
5%
Holds more stocks than 5% of peers
Cash
88%
Holds more cash than 88% of peers
Holdings in November 2018
Download CSVEvery line the fund disclosed, with the change against Oct 2018. Click a column to sort; click a company to see every fund that owns it.
| ICICI Bank Limited | 14.31% | down 0.55 pts | ₹396 Cr | up ₹17 L | Held |
| HDFC Bank Limited | 11.36% | up 0.76 pts | ₹314 Cr | up ₹32 Cr | Added |
| State Bank of India | 10.85% | down 0.29 pts | ₹300 Cr | up ₹3.4 Cr | Added |
| Cash, TREPS & receivables | 7.52% | up 3.03 pts | ₹208 Cr | up ₹88.4 Cr | Added |
| Bajaj Finserv Limited | 5.25% | up 0.33 pts | ₹145 Cr | up ₹14.3 Cr | Added |
| Bank of Baroda | 5.17% | up 0.55 pts | ₹143 Cr | up ₹20 Cr | Added |
| Bharat Financial Inclusion Limited | 4.99% | up 0.21 pts | ₹138 Cr | up ₹10.7 Cr | Added |
| The Federal Bank Limited | 4.30% | down 0.03 pts | ₹119 Cr | up ₹3.6 Cr | Added |
| RBL Bank Limited | 3.95% | down 0.17 pts | ₹109 Cr | down ₹48 L | Held |
| PNB Housing Finance Limited | 3.26% | up 0.27 pts | ₹90.2 Cr | up ₹10.6 Cr | Added |
| Axis Bank Limited | 3.26% | down 1.64 pts | ₹90.1 Cr | down ₹40.4 Cr | Trimmed |
| Muthoot Finance Limited | 3.16% | up 0.19 pts | ₹87.4 Cr | up ₹8.3 Cr | Added |
| Bajaj Finance Limited | 2.53% | up 0.06 pts | ₹69.8 Cr | up ₹4.3 Cr | Added |
| Equitas Holdings Limited | 2.43% | down 0.10 pts | ₹67.2 Cr | down ₹6 L | Held |
| SBI Life Insurance Company Limited | 2.41% | down 0.04 pts | ₹66.6 Cr | up ₹1.3 Cr | Added |
| Max Financial Services Limited | 2.35% | up 0.29 pts | ₹64.9 Cr | up ₹10.2 Cr | Added |
| Canara Bank | 2.31% | down 0.15 pts | ₹64 Cr | down ₹1.5 Cr | Trimmed |
| Poonawalla Fincorp Limited | 2.14% | up 0.03 pts | ₹59 Cr | up ₹3.1 Cr | Added |
| HDFC Asset Management Company Limited | 1.75% | up 0.08 pts | ₹48.4 Cr | up ₹3.8 Cr | Added |
| Karur Vysya Bank Limited | 1.72% | up 0.22 pts | ₹47.4 Cr | up ₹7.5 Cr | Added |
| Reliance Capital Ltd | 1.57% | down 0.80 pts | ₹43.3 Cr | down ₹19.6 Cr | Trimmed |
| Yes Bank Limited | 1.01% | down 1.21 pts | ₹28 Cr | down ₹31.2 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 0.89% | down <0.01 pts | ₹24.7 Cr | up ₹82 L | Added |
| Credit Analysis and Research Limited | 0.79% | down 0.13 pts | ₹21.8 Cr | down ₹2.6 Cr | Trimmed |
| Reliance Home Finance Limited | 0.73% | up 0.01 pts | ₹20.1 Cr | up ₹89 L | Added |
What changed, Oct 2018 to Nov 2018
New New positions (0)
None.
Exited Exited (2)
- IndusInd Bank Limitedwas 0.5% · ₹12.8 Cr
- DCB Bank Limitedwas 0.5% · ₹12 Cr
Added Biggest additions
- HDFC Bank Limitedup ₹32 Cr (+0.76% pts)
- Bank of Barodaup ₹20 Cr (+0.55% pts)
- Bajaj Finserv Limitedup ₹14.3 Cr (+0.33% pts)
- Bharat Financial Inclusion 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 Oct 2018, the weight rose most in Finance (+1.0 pts) and Insurance (+0.4 pts), and fell most in Banks (−1.6 pts).
- Finance28.9% → 30.0%+1.0 pts
- Insurance4.7% → 5.1%+0.4 pts
- Capital Markets1.8% → 1.9%+0.1 pts
- Banks64.6% → 63.0%−1.6 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 | Nov 2015 | Nov 2017 | May 2018 | Aug 2018 | Oct 2018 | Nov 2018 |
|---|---|---|---|---|---|---|
| Banks | 82.4% | 66.0% | 59.6% | 66.0% | 64.6% | 63.0% |
| Finance | 15.0% | 25.3% | 33.6% | 26.1% | 28.9% | 30.0% |
| Insurance | 2.7% | 8.8% | 6.8% | 6.1% | 4.7% | 5.1% |
| Capital Markets | — | — | — | 1.9% | 1.8% | 1.9% |
Allocation in Nov 2018change vs Oct 2018
- Banks (10)63.0%▼ 1.6 pts
- Finance (11)30.0%▲ 1.0 pts
- Insurance (2)5.1%▲ 0.4 pts
- Capital Markets (1)1.9%▲ 0.1 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, Nov 2018
7.5%
▲ 3.0 pts vs Oct 2018
- Cash alone
- 7.5%
- cash and net receivables
- A year earlier
- 3.0%
- Nov 2017 · now ▲ 4.6 pts
- Last 12 months
- 2.1% – 7.5%
- 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.