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ELSS (tax saving) · Nippon India Mutual Fund · AMFI code 107900Reliance Equity Linked Saving Fund - Series I
Disclosed for 66 months, Sep 2012 to Feb 2018. This scheme is no longer reporting.Published as: RELIANCE EQUITY LINKED SAVING FUND - SERIES I (A 10 Year Close Ended Equity Linked Savings Scheme)
Portfolio value
₹132 Cr
down ₹7.8 Cr vs Jan 2018
- Stocks held
- 20
- unchanged
- Top 10 weight
- 60.0%
- of the portfolio in its ten largest
- Cash & debt
- 2.9%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
- added to 5, trimmed 13
Reliance Equity Linked Saving Fund - Series I is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In February 2018 it disclosed 20 stocks worth ₹132 Cr, down ₹7.8 Cr from Jan 2018. Its largest positions were SIS Limited (6.6%), GE Power India Limited (6.5%), Vesuvius India Limited (6.2%); the ten largest together made up 60.0% of the portfolio, and Banks was the biggest sector at 27.3% of its equity. Cash and debt stood at 2.9%. Compared with Jan 2018 the fund entered 1 new stock and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
96%
Top-10 weight is higher than 96% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
60%
Holds more cash than 60% of peers
What these mean: concentration · cash
Holdings in February 2018
Download CSVEvery line the fund disclosed, with the change against Jan 2018. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| SIS Limited | 6.62% | up 0.35 pts | ₹8.7 Cr | down ₹3 L | Held |
| GE Power India Limited | 6.53% | down 0.36 pts | ₹8.6 Cr | down ₹1 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 6.18% | up 0.08 pts | ₹8.1 Cr | down ₹38 L | Trimmed |
| Larsen & Toubro Limited | 6.15% | down 0.09 pts | ₹8.1 Cr | down ₹60 L | Trimmed |
| Shoppers Stop Limited | 6.00% | up 0.56 pts | ₹7.9 Cr | up ₹31 L | Added |
| Bharat Forge Limited | 6.00% | up 0.86 pts | ₹7.9 Cr | up ₹73 L | Added |
| State Bank of India | 5.97% | down 0.62 pts | ₹7.9 Cr | down ₹1.3 Cr | Trimmed |
| ICICI Bank Limited | 5.89% | down 0.37 pts | ₹7.8 Cr | down ₹98 L | Trimmed |
| HDFC Bank Limited | 5.58% | down 0.03 pts | ₹7.3 Cr | down ₹47 L | Trimmed |
| ITC Limited | 5.03% | up 0.17 pts | ₹6.6 Cr | down ₹16 L | Trimmed |
| Axis Bank Limited | 4.90% | down 0.29 pts | ₹6.5 Cr | down ₹79 L | Trimmed |
| Infosys Limited | 4.80% | up 0.36 pts | ₹6.3 Cr | up ₹12 L | Added |
| Max Financial Services Limited | 4.52% | down 0.08 pts | ₹5.9 Cr | down ₹47 L | Trimmed |
| Kotak Mahindra Bank Limited | 4.14% | up 0.17 pts | ₹5.5 Cr | down ₹9 L | Trimmed |
| TD Power Systems Limited | 3.46% | up 0.57 pts | ₹4.6 Cr | up ₹52 L | Added |
| Cummins India Limited | 3.37% | down 0.24 pts | ₹4.4 Cr | down ₹60 L | Trimmed |
| Bharat Petroleum Corporation Limited | 3.26% | up 3.26 pts | ₹4.3 Cr | up ₹4.3 Cr | New |
| Amara Raja Batteries Limited | 3.12% | up 0.22 pts | ₹4.1 Cr | up ₹6 L | Added |
| Cash, TREPS & receivables | 2.93% | down 1.50 pts | ₹3.9 Cr | down ₹2.3 Cr | Trimmed |
| Divi's Laboratories Limited | 2.78% | up 0.12 pts | ₹3.7 Cr | down ₹5 L | Trimmed |
| Housing Development Finance Corporation Limited | 2.75% | down 0.06 pts | ₹3.6 Cr | down ₹30 L | Trimmed |
What changed, Jan 2018 to Feb 2018
New New positions (1)
- Bharat Petroleum Corporation Limited3.3% · ₹4.3 Cr
Exited Exited (1)
- Punjab National Bankwas 3.1% · ₹4.3 Cr
Added Biggest additions
- Bharat Forge Limitedup ₹73 L (+0.86% pts)
- TD Power Systems Limitedup ₹52 L (+0.57% pts)
- Shoppers Stop Limitedup ₹31 L (+0.56% pts)
- Infosys Limitedup ₹12 L (+0.36% pts)
- Amara Raja Batteries Limitedup ₹6 L (+0.22% pts)
Trimmed Biggest reductions
- State Bank of Indiadown ₹1.3 Cr (−0.62% pts)
- GE Power India Limiteddown ₹1 Cr (−0.36% pts)
- ICICI Bank Limiteddown ₹98 L (−0.37% pts)
- Axis Bank Limiteddown ₹79 L (−0.29% pts)
- Larsen & Toubro Limiteddown ₹60 L (−0.09% pts)
- Cummins India Limiteddown ₹60 L (−0.24% pts)
- HDFC Bank Limiteddown ₹47 L (−0.03% pts)
- Max Financial Services Limiteddown ₹47 L (−0.08% pts)
- Vesuvius India Limiteddown ₹38 L (+0.08% pts)
- Housing Development Finance Corporation Limiteddown ₹30 L (−0.06% 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 Jan 2018, the weight rose most in Petroleum Products (+3.4 pts) and Electrical Equipment (+0.5 pts), and fell most in Banks (−4.8 pts) and Industrial Capital Goods (−0.5 pts).
- Petroleum Products0.0% → 3.4%new+3.4 pts
- Electrical Equipment3.0% → 3.6%+0.5 pts
- Retailing5.7% → 6.2%+0.5 pts
- Industrial Products15.5% → 16.0%+0.5 pts
- IT - Software4.6% → 4.9%+0.3 pts
- Commercial Services6.6% → 6.8%+0.3 pts
- Banks32.1% → 27.3%−4.8 pts
- Industrial Capital Goods7.2% → 6.7%−0.5 pts
- Construction6.5% → 6.3%−0.2 pts
- Insurance4.8% → 4.7%−0.2 pts
- Finance2.9% → 2.8%−0.1 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 | Feb 2015 | Feb 2017 | Aug 2017 | Nov 2017 | Jan 2018 | Feb 2018 |
|---|---|---|---|---|---|---|
| Banks | 25.4% | 31.8% | 27.9% | 27.1% | 32.1% | 27.3% |
| Industrial Products | 13.8% | 16.1% | 17.0% | 15.7% | 15.5% | 16.0% |
| Commercial Services | — | — | 5.0% | 6.9% | 6.6% | 6.8% |
| Industrial Capital Goods | 5.3% | 5.6% | 6.0% | 5.7% | 7.2% | 6.7% |
| Construction | 5.1% | 4.2% | 6.0% | 6.2% | 6.5% | 6.3% |
| Retailing | 5.2% | 4.4% | 4.6% | 6.7% | 5.7% | 6.2% |
| Diversified FMCG | — | 3.2% | 5.0% | 4.3% | 5.1% | 5.2% |
| IT - Software | 6.0% | 7.9% | 12.1% | 11.7% | 4.6% | 4.9% |
| Insurance | — | 4.4% | 1.9% | 3.2% | 4.8% | 4.7% |
| Electrical Equipment | 7.6% | 4.7% | 4.0% | 3.3% | 3.0% | 3.6% |
Allocation in Feb 2018change vs Jan 2018
- Banks (5)27.3%▼ 4.8 pts
- Industrial Products (3)16.0%▲ 0.5 pts
- Commercial Services (1)6.8%▲ 0.3 pts
- Industrial Capital Goods (1)6.7%▼ 0.5 pts
- Construction (1)6.3%▼ 0.2 pts
- Retailing (1)6.2%▲ 0.5 pts
- Diversified FMCG (1)5.2%▲ 0.1 pts
- IT - Software (1)4.9%▲ 0.3 pts
- Insurance (1)4.7%▼ 0.2 pts
- Electrical Equipment (1)3.6%▲ 0.5 pts
- Petroleum Products (1)3.4%▲ 3.4 pts
- Auto Components (1)3.2%▲ 0.2 pts
- Pharmaceuticals & Biotechnology (1)2.9%▲ 0.1 pts
- Finance (1)2.8%▼ 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. More on reading cash.
Cash & debt, Feb 2018
2.9%
▼ 1.5 pts vs Jan 2018
- Cash alone
- 3.0%
- cash and net receivables
- A year earlier
- 6.6%
- Feb 2017 · now ▼ 3.7 pts
- Last 12 months
- 2.1% – 9.4%
- lowest to highest · record 13.7% in Jan 2013
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.
The last 24 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Feb 2018 | ₹132 Cr | 20 | 1 | 1 | 3.0% | 2.9% | — |
| Jan 2018 | ₹139 Cr | 20 | 2 | 2 | 4.5% | 4.4% | — |
| Dec 2017 | ₹135 Cr | 20 | 0 | 0 | 7.8% | 7.8% | — |
| Nov 2017 | ₹131 Cr | 20 | 0 | 0 | 8.4% | 8.3% | — |
| Oct 2017 | ₹130 Cr | 20 | 0 | 1 | 9.1% | 9.1% | — |
| Sep 2017 | ₹125 Cr | 21 | 1 | 1 | 9.4% | 9.4% | — |
| Aug 2017 | ₹125 Cr | 21 | 0 | 0 | 8.9% | 8.9% | — |
| Jul 2017 | ₹130 Cr | 21 | 1 | 1 | 2.7% | 2.7% | — |
| Jun 2017 | ₹124 Cr | 21 | 0 | 0 | 2.0% | 2.1% | — |
| May 2017 | ₹123 Cr | 21 | 1 | 2 | 2.9% | 2.9% | — |
| Apr 2017 | ₹124 Cr | 22 | 0 | 1 | 8.8% | 8.9% | — |
| Mar 2017 | ₹122 Cr | 23 | 0 | 0 | 3.0% | 3.0% | — |
| Feb 2017 | ₹117 Cr | 23 | 0 | 1 | 6.7% | 6.6% | — |
| Jan 2017 | ₹111 Cr | 24 | 0 | 0 | 1.8% | 1.8% | — |
| Dec 2016 | ₹107 Cr | 24 | 0 | 0 | 2.4% | 2.4% | — |
| Nov 2016 | ₹107 Cr | 24 | 0 | 0 | 3.0% | 3.0% | — |
| Oct 2016 | ₹114 Cr | 24 | 0 | 0 | 3.5% | 3.5% | — |
| Sep 2016 | ₹112 Cr | 24 | 2 | 2 | 4.7% | 4.6% | — |
| Aug 2016 | ₹115 Cr | 24 | 0 | 0 | 4.0% | 4.0% | — |
| Jul 2016 | ₹114 Cr | 24 | 1 | 0 | 3.3% | 3.3% | — |
| Jun 2016 | ₹109 Cr | 23 | 1 | 1 | 3.6% | 3.7% | — |
| May 2016 | ₹107 Cr | 23 | 0 | 0 | 4.1% | 4.1% | — |
| Apr 2016 | ₹106 Cr | 23 | 0 | 0 | 0.4% | 0.4% | — |
| Mar 2016 | ₹104 Cr | 23 | 0 | 0 | 1.1% | 1.1% | — |
For any of the 42 earlier months, choose it in “Portfolio as of” at the top of the page.