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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
₹116 Cr
up ₹89 L vs Mar 2013
- Stocks held
- 27
- up 2 vs Mar 2013
- Top 10 weight
- 48.7%
- 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 April 2013 it disclosed 27 stocks worth ₹116 Cr, up ₹89 L from Mar 2013. Its largest positions were Eicher Motors Limited (7.1%), Oil India Limited (6.1%), Divi's Laboratories Limited (5.7%); the ten largest together made up 48.7% of the portfolio, and Industrial Products was the biggest sector at 13.7% of its equity. Cash and debt stood at 8.6%. Compared with Mar 2013 the fund entered 2 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
83%
Top-10 weight is higher than 83% of peers
Breadth
4%
Holds more stocks than 4% of peers
Cash
94%
Holds more cash than 94% of peers
What these mean: concentration · cash
Holdings in April 2013
Download CSVEvery line the fund disclosed, with the change against Mar 2013. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cash, TREPS & receivables | 8.59% | up 3.39 pts | ₹10 Cr | up ₹4 Cr | Added |
| Eicher Motors Limited | 7.12% | up 0.91 pts | ₹8.3 Cr | up ₹1.1 Cr | Added |
| Oil India Limited | 6.15% | down 0.93 pts | ₹7.1 Cr | down ₹1 Cr | Trimmed |
| Divi's Laboratories Limited | 5.70% | down 3.52 pts | ₹6.6 Cr | down ₹4 Cr | Trimmed |
| ICICI Bank Limited | 5.00% | up 0.47 pts | ₹5.8 Cr | up ₹59 L | Added |
| Bharat Petroleum Corporation Limited | 4.45% | up 0.36 pts | ₹5.2 Cr | up ₹46 L | Added |
| Cummins India Limited | 4.40% | up 0.07 pts | ₹5.1 Cr | up ₹12 L | Added |
| Bharat Forge Limited | 4.14% | up 0.40 pts | ₹4.8 Cr | up ₹50 L | Added |
| SKF India Limited | 3.96% | down 0.01 pts | ₹4.6 Cr | up ₹3 L | Added |
| State Bank of India | 3.89% | up 0.30 pts | ₹4.5 Cr | up ₹38 L | Added |
| Infosys Limited | 3.84% | down 1.16 pts | ₹4.5 Cr | down ₹1.3 Cr | Trimmed |
| Navneet Education Ltd | 3.78% | down 0.11 pts | ₹4.4 Cr | down ₹9 L | Trimmed |
| Abbott India Limited | 3.39% | up 0.17 pts | ₹3.9 Cr | up ₹23 L | Added |
| Wipro Limited | 3.36% | down 1.38 pts | ₹3.9 Cr | down ₹1.6 Cr | Trimmed |
| Samvardhana Motherson International Limited | 3.34% | down 0.01 pts | ₹3.9 Cr | up ₹1 L | Held |
| Hindustan Petroleum Corporation Limited | 3.30% | down 0.41 pts | ₹3.8 Cr | down ₹44 L | Trimmed |
| LIC Housing Finance Limited | 3.14% | up 0.22 pts | ₹3.7 Cr | up ₹28 L | Added |
| Indian Metals & Ferro Alloys Limited | 3.09% | down 0.04 pts | ₹3.6 Cr | down ₹1 L | Held |
| Gujarat State Petronet Limited | 3.06% | down 0.01 pts | ₹3.6 Cr | up ₹1 L | Held |
| Bank of Baroda | 3.01% | up 0.08 pts | ₹3.5 Cr | up ₹12 L | Added |
| Reliance Power Limited | 2.36% | up 0.31 pts | ₹2.7 Cr | up ₹38 L | Added |
| Fulford India Ltd | 2.28% | down 0.27 pts | ₹2.7 Cr | down ₹29 L | Trimmed |
| Ranbaxy Laboratories Ltd | 1.94% | down 1.59 pts | ₹2.3 Cr | down ₹1.8 Cr | Trimmed |
| Cyient Limited | 1.84% | up 0.04 pts | ₹2.1 Cr | up ₹6 L | Added |
| Maruti Suzuki India Limited | 1.44% | up 1.44 pts | ₹1.7 Cr | up ₹1.7 Cr | New |
| Larsen & Toubro Limited | 1.30% | up 1.30 pts | ₹1.5 Cr | up ₹1.5 Cr | New |
| BASF India Limited | 1.12% | down <0.01 pts | ₹1.3 Cr | up ₹1 L | Added |
| India Limited | 1.00% | down 0.01 pts | ₹1.2 Cr | — | Held |
What changed, Mar 2013 to Apr 2013
New New positions (2)
- Maruti Suzuki India Limited1.4% · ₹1.7 Cr
- Larsen & Toubro Limited1.3% · ₹1.5 Cr
Exited Exited (0)
None.
Added Biggest additions
- Eicher Motors Limitedup ₹1.1 Cr (+0.91% pts)
- ICICI Bank Limitedup ₹59 L (+0.47% pts)
- Bharat Forge Limitedup ₹50 L (+0.40% pts)
- Bharat Petroleum 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 Mar 2013, the weight rose most in Automobiles (+2.8 pts) and Construction (+1.4 pts), and fell most in Pharmaceuticals & Biotechnology (−3.2 pts) and IT - Software (−2.4 pts).
- Automobiles6.6% → 9.4%+2.8 pts
- Construction0.0% → 1.4%new+1.4 pts
- Banks11.7% → 13.0%+1.4 pts
- Industrial Products12.7% → 13.7%+1.0 pts
- Power3.2% → 3.7%+0.5 pts
- Finance3.1% → 3.4%+0.4 pts
- Pharmaceuticals & Biotechnology13.1% → 9.9%−3.2 pts
- IT - Software10.3% → 7.9%−2.4 pts
- Pharmaceuticals3.7% → 2.1%−1.6 pts
- Oil7.5% → 6.7%−0.7 pts
- Miscellaneous2.7% → 2.5%−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 | Oct 2012 | Jan 2013 | Mar 2013 | Apr 2013 |
|---|---|---|---|---|
| Industrial Products | 8.6% | 12.7% | 12.7% | 13.7% |
| Banks | 10.9% | 13.4% | 11.7% | 13.0% |
| Pharmaceuticals & Biotechnology | 18.2% | 13.5% | 13.1% | 9.9% |
| Automobiles | 11.3% | 8.7% | 6.6% | 9.4% |
| Petroleum Products | 6.8% | 8.9% | 8.2% | 8.5% |
| IT - Software | 10.3% | 9.5% | 10.3% | 7.9% |
| Oil | — | — | 7.5% | 6.7% |
| Media & Entertainment | 1.6% | 4.4% | 4.1% | 4.1% |
| Power | 1.6% | 4.5% | 3.2% | 3.7% |
| Auto Components | 4.3% | 3.5% | 3.5% | 3.7% |
Allocation in Apr 2013change vs Mar 2013
- Industrial Products (3)13.7%▲ 1.0 pts
- Banks (3)13.0%▲ 1.4 pts
- Pharmaceuticals & Biotechnology (2)
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, Apr 2013
8.6%
▲ 3.4 pts vs Mar 2013
- Cash alone
- 8.6%
- 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.