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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
₹2,854 Cr
up ₹90.5 Cr vs Nov 2018
Reliance Banking Fund is an active equity fund in the Sectoral / Thematic category from Nippon India Mutual Fund. In December 2018 it disclosed 24 stocks worth ₹2,854 Cr, up ₹90.5 Cr from Nov 2018. Its largest positions were ICICI Bank Limited (14.7%), HDFC Bank Limited (11.0%), State Bank of India (10.9%); the ten largest together made up 67.9% of the portfolio, and Banks was the biggest sector at 64.5% of its equity. Cash and debt stood at 7.7%. Compared with Nov 2018 the fund entered 0 new stocks and exited 0.
Against 227 other Sectoral / Thematic funds
Concentration
95%
Top-10 weight is higher than 95% of peers
Breadth
5%
Holds more stocks than 5% of peers
Cash
89%
Holds more cash than 89% of peers
Holdings in December 2018
Download CSVEvery line the fund disclosed, with the change against Nov 2018. Click a column to sort; click a company to see every fund that owns it.
| ICICI Bank Limited | 14.68% | up 0.37 pts | ₹419 Cr | up ₹23.6 Cr | Added |
| HDFC Bank Limited | 10.96% | down 0.39 pts | ₹313 Cr | down ₹100 L | Held |
| State Bank of India | 10.92% | up 0.07 pts | ₹312 Cr | up ₹11.8 Cr | Added |
| Bank of Baroda | 6.08% | up 0.91 pts | ₹174 Cr | up ₹30.6 Cr | Added |
| Cash, TREPS & receivables | 5.97% | down 1.54 pts | ₹171 Cr | down ₹37.3 Cr | Trimmed |
| Bajaj Finserv Limited | 5.49% | up 0.24 pts | ₹157 Cr | up ₹11.7 Cr | Added |
| The Federal Bank Limited | 4.55% | up 0.25 pts | ₹130 Cr | up ₹11.1 Cr | Added |
| Bharat Financial Inclusion Limited | 4.43% | down 0.56 pts | ₹126 Cr | down ₹11.5 Cr | Trimmed |
| Axis Bank Limited | 4.21% | up 0.95 pts | ₹120 Cr | up ₹30.2 Cr | Added |
| Muthoot Finance Limited | 3.31% | up 0.15 pts | ₹94.4 Cr | up ₹7.1 Cr | Added |
| PNB Housing Finance Limited | 3.22% | down 0.04 pts | ₹91.9 Cr | up ₹1.7 Cr | Added |
| RBL Bank Limited | 2.81% | down 1.15 pts | ₹80.1 Cr | down ₹29.1 Cr | Trimmed |
| Equitas Holdings Limited | 2.74% | up 0.31 pts | ₹78.2 Cr | up ₹10.9 Cr | Added |
| Bajaj Finance Limited | 2.55% | up 0.02 pts | ₹72.7 Cr | up ₹3 Cr | Added |
| SBI Life Insurance Company Limited | 2.44% | up 0.03 pts | ₹69.7 Cr | up ₹3.1 Cr | Added |
| Canara Bank | 2.41% | up 0.10 pts | ₹68.8 Cr | up ₹4.8 Cr | Added |
| Max Financial Services Limited | 2.27% | down 0.08 pts | ₹64.7 Cr | down ₹19 L | Held |
| Poonawalla Fincorp Limited | 2.02% | down 0.11 pts | ₹57.8 Cr | down ₹1.2 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.87% | up 0.16 pts | ₹53.4 Cr | up ₹6 Cr | Added |
| HDFC Asset Management Company Limited | 1.68% | down 0.07 pts | ₹47.9 Cr | down ₹49 L | Trimmed |
| Yes Bank Limited | 1.05% | up 0.04 pts | ₹30 Cr | up ₹2 Cr | Added |
| Small Industries Dev Bank of India Money market | 0.87% | up 0.87 pts | ₹24.9 Cr | up ₹24.9 Cr | New |
| IndusInd Bank Limited Money market | 0.86% | up 0.86 pts | ₹24.5 Cr | up ₹24.5 Cr | New |
| Cholamandalam Investment and Finance Company Limited | 0.80% | down 0.09 pts | ₹22.9 Cr | down ₹1.8 Cr | Trimmed |
| Credit Analysis and Research Limited | 0.79% | down <0.01 pts | ₹22.5 Cr | up ₹64 L | Added |
| Reliance Home Finance Limited | 0.68% | down 0.05 pts | ₹19.4 Cr | down ₹66 L | Trimmed |
| Reliance Capital Ltd | 0.33% | down 1.23 pts | ₹9.5 Cr | down ₹33.8 Cr | Trimmed |
What changed, Nov 2018 to Dec 2018
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Bank of Barodaup ₹30.6 Cr (+0.91% pts)
- Axis Bank Limitedup ₹30.2 Cr (+0.95% pts)
- ICICI Bank Limitedup ₹23.6 Cr (+0.37% pts)
- State Bank of Indiaup ₹11.8 Cr (+0.07% pts)
- Bajaj Finserv Limitedup ₹11.7 Cr (+0.24% 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 Nov 2018, the weight rose most in Banks (+1.5 pts), and fell most in Finance (−1.4 pts).
- Banks63.0% → 64.5%+1.5 pts
- Finance30.0% → 28.6%−1.4 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 | Dec 2015 | Dec 2017 | Jun 2018 | Sep 2018 | Nov 2018 | Dec 2018 |
|---|---|---|---|---|---|---|
| Banks | 81.7% | 62.7% | 60.8% | 62.7% | 63.0% | 64.5% |
| Finance | 15.7% | 28.3% | 32.7% | 31.0% | 30.0% | 28.6% |
| Insurance | 2.7% | 9.0% | 6.5% | 4.6% | 5.1% | 5.1% |
| Capital Markets | — | — | — | 1.6% | 1.9% | 1.8% |
Allocation in Dec 2018change vs Nov 2018
- Banks (10)64.5%▲ 1.5 pts
- Finance (11)28.6%▼ 1.4 pts
- Insurance (2)5.1%
- Capital Markets (1)1.8%▼ 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, Dec 2018
7.7%
▲ 0.2 pts vs Nov 2018
- Cash alone
- 6.0%
- cash and net receivables
- A year earlier
- 2.9%
- Dec 2017 · now ▲ 4.8 pts
- Last 12 months
- 2.1% – 7.7%
- 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.