Loading…
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
₹115 Cr
down ₹3.3 Cr vs Feb 2013
- Stocks held
- 25
- down 1 vs Feb 2013
- Top 10 weight
- 53.1%
- of the portfolio in its ten largest
Reliance Equity Linked Saving Fund - Series I is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In March 2013 it disclosed 25 stocks worth ₹115 Cr, down ₹3.3 Cr from Feb 2013. Its largest positions were Divi's Laboratories Limited (9.2%), Oil India Limited (7.1%), Eicher Motors Limited (6.2%); the ten largest together made up 53.1% of the portfolio, and Pharmaceuticals & Biotechnology was the biggest sector at 13.1% of its equity. Cash and debt stood at 5.2%. Compared with Feb 2013 the fund entered 0 new stocks and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
91%
Top-10 weight is higher than 91% of peers
Breadth
2%
Holds more stocks than 2% of peers
Cash
85%
Holds more cash than 85% of peers
What these mean: concentration · cash
Holdings in March 2013
Download CSVEvery line the fund disclosed, with the change against Feb 2013. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Divi's Laboratories Limited | 9.21% | up 0.05 pts | ₹10.6 Cr | down ₹24 L | Trimmed |
| Oil India Limited | 7.08% | down 0.03 pts | ₹8.2 Cr | down ₹28 L | Trimmed |
| Eicher Motors Limited | 6.22% | down 0.32 pts | ₹7.2 Cr | down ₹58 L | Trimmed |
| Cash, TREPS & receivables | 5.20% | up 1.26 pts | ₹6 Cr | up ₹1.3 Cr | Added |
| Infosys Limited | 5.01% | up 0.11 pts | ₹5.8 Cr | down ₹4 L | Trimmed |
| Wipro Limited | 4.74% | up 0.35 pts | ₹5.5 Cr | up ₹26 L | Added |
| ICICI Bank Limited | 4.53% | up 0.15 pts | ₹5.2 Cr | up ₹2 L | Held |
| Cummins India Limited | 4.32% | up 0.31 pts | ₹5 Cr | up ₹22 L | Added |
| Bharat Petroleum Corporation Limited | 4.09% | up 0.17 pts | ₹4.7 Cr | up ₹7 L | Added |
| SKF India Limited | 3.97% | up 0.36 pts | ₹4.6 Cr | up ₹30 L | Added |
| Navneet Education Ltd | 3.88% | down 0.14 pts | ₹4.5 Cr | down ₹29 L | Trimmed |
| Bharat Forge Limited | 3.75% | down 0.02 pts | ₹4.3 Cr | down ₹14 L | Trimmed |
| Hindustan Petroleum Corporation Limited | 3.71% | up 0.05 pts | ₹4.3 Cr | down ₹7 L | Trimmed |
| State Bank of India | 3.59% | up 0.09 pts | ₹4.1 Cr | down ₹2 L | Held |
| Ranbaxy Laboratories Ltd | 3.54% | up 0.57 pts | ₹4.1 Cr | up ₹56 L | Added |
| Samvardhana Motherson International Limited | 3.35% | up 0.05 pts | ₹3.9 Cr | down ₹5 L | Trimmed |
| Abbott India Limited | 3.21% | up 0.03 pts | ₹3.7 Cr | down ₹7 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 3.13% | down 0.51 pts | ₹3.6 Cr | down ₹71 L | Trimmed |
| Gujarat State Petronet Limited | 3.08% | up 0.18 pts | ₹3.6 Cr | up ₹12 L | Added |
| Bank of Baroda | 2.93% | down <0.01 pts | ₹3.4 Cr | down ₹10 L | Trimmed |
| LIC Housing Finance Limited | 2.92% | down 0.01 pts | ₹3.4 Cr | down ₹11 L | Trimmed |
| Fulford India Ltd | 2.55% | down 0.11 pts | ₹2.9 Cr | down ₹21 L | Trimmed |
| Reliance Power Limited | 2.05% | down 0.28 pts | ₹2.4 Cr | down ₹40 L | Trimmed |
| Cyient Limited | 1.80% | up 0.06 pts | ₹2.1 Cr | up ₹1 L | Held |
| BASF India Limited | 1.12% | down <0.01 pts | ₹1.3 Cr | down ₹4 L | Trimmed |
| India Limited | 1.01% | down 0.06 pts | ₹1.2 Cr | down ₹11 L | Trimmed |
What changed, Feb 2013 to Mar 2013
New New positions (0)
None.
Exited Exited (1)
- Rain Industries Limitedwas 2.3% · ₹2.7 Cr
Added Biggest additions
- Ranbaxy Laboratories Ltdup ₹56 L (+0.57% pts)
- SKF India Limitedup ₹30 L (+0.36% pts)
- Wipro Limitedup ₹26 L (+0.35% pts)
- Cummins India Limitedup ₹22 L (+0.31% 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 Feb 2013, the weight rose most in Industrial Products (+0.8 pts) and Pharmaceuticals (+0.6 pts), and fell most in Chemicals & Petrochemicals (−2.4 pts) and Ferrous Metals (−0.5 pts).
- Industrial Products11.9% → 12.7%+0.8 pts
- Pharmaceuticals3.1% → 3.7%+0.6 pts
- IT - Software9.7% → 10.3%+0.6 pts
- Banks11.3% → 11.7%+0.4 pts
- Petroleum Products7.9% → 8.2%+0.3 pts
- Pharmaceuticals & Biotechnology12.8% → 13.1%+0.3 pts
- Chemicals & Petrochemicals3.6% → 1.2%−2.4 pts
- Ferrous Metals3.8% → 3.3%−0.5 pts
- Power3.5% → 3.2%−0.3 pts
- Automobiles6.8% → 6.6%−0.2 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 | Sep 2012 | Dec 2012 | Feb 2013 | Mar 2013 |
|---|---|---|---|---|
| Pharmaceuticals & Biotechnology | 16.9% | 20.5% | 12.8% | 13.1% |
| Industrial Products | 6.5% | 13.0% | 11.9% | 12.7% |
| Banks | 11.6% | 9.5% | 11.3% | 11.7% |
| IT - Software | 9.7% | 8.0% | 9.7% | 10.3% |
| Petroleum Products | 6.6% | 6.5% | 7.9% | 8.2% |
| Oil | — | — | 7.4% | 7.5% |
| Automobiles | 10.4% | 8.5% | 6.8% | 6.6% |
| Media & Entertainment | 1.5% | 2.2% | 4.2% | 4.1% |
| Pharmaceuticals | 3.7% | 3.9% | 3.1% | 3.7% |
| Auto Components | 3.9% | 4.0% | 3.4% | 3.5% |
Allocation in Mar 2013change vs Feb 2013
- Pharmaceuticals & Biotechnology (2)13.1%▲ 0.3 pts
- Industrial Products (3)12.7%▲ 0.8 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, Mar 2013
5.2%
▲ 1.3 pts vs Feb 2013
- Cash alone
- 5.2%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 2.6% – 13.7%
- 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.