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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
₹96.9 Cr
down ₹3.4 Cr vs Jul 2013
- Stocks held
- 27
- down 1 vs Jul 2013
- Top 10 weight
- 44.8%
- 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 August 2013 it disclosed 27 stocks worth ₹96.9 Cr, down ₹3.4 Cr from Jul 2013. Its largest positions were TD Power Systems Limited (6.0%), Bharat Forge Limited (5.2%), Infosys Limited (4.8%); the ten largest together made up 44.8% of the portfolio, and IT - Software was the biggest sector at 13.4% of its equity. Cash and debt stood at 6.8%. Compared with Jul 2013 the fund entered 3 new stocks and exited 4.
Against 47 other ELSS (tax saving) funds
Concentration
66%
Top-10 weight is higher than 66% of peers
Breadth
4%
Holds more stocks than 4% of peers
Cash
94%
Holds more cash than 94% of peers
Holdings in August 2013
Download CSVEvery line the fund disclosed, with the change against Jul 2013. Click a column to sort; click a company to see every fund that owns it.
| Cash, TREPS & receivables | 6.78% | down 1.46 pts | ₹6.6 Cr | down ₹1.7 Cr | Trimmed |
| TD Power Systems Limited | 6.01% | down 1.17 pts | ₹5.8 Cr | down ₹1.4 Cr | Trimmed |
| Bharat Forge Limited | 5.19% | up 0.95 pts | ₹5 Cr | up ₹78 L | Added |
| Infosys Limited | 4.81% | up 0.37 pts | ₹4.7 Cr | up ₹20 L | Added |
| Housing Development Finance Corporation Limited | 4.60% | up 4.60 pts | ₹4.5 Cr | up ₹4.5 Cr | New |
| Cipla Limited | 4.30% | up 4.30 pts | ₹4.2 Cr | up ₹4.2 Cr | New |
| Tata Consultancy Services Limited | 4.19% | up 0.58 pts | ₹4.1 Cr | up ₹44 L | Added |
| Cummins India Limited | 4.06% | down 0.21 pts | ₹3.9 Cr | down ₹35 L | Trimmed |
| Divi's Laboratories Limited | 3.99% | up 2.90 pts | ₹3.9 Cr | up ₹2.8 Cr | Added |
| Abbott India Limited | 3.97% | up 0.06 pts | ₹3.9 Cr | down ₹7 L | Trimmed |
| Hindustan Media Ventures Ltd | 3.71% | down 0.03 pts | ₹3.6 Cr | down ₹15 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 3.57% | up 1.07 pts | ₹3.5 Cr | up ₹95 L | Added |
| Bharat Petroleum Corporation Limited | 3.52% | down 0.51 pts | ₹3.4 Cr | down ₹63 L | Trimmed |
| Wipro Limited | 3.50% | up <0.01 pts | ₹3.4 Cr | down ₹12 L | Trimmed |
| ICICI Bank Limited | 3.32% | down 0.31 pts | ₹3.2 Cr | down ₹42 L | Trimmed |
| Shoppers Stop Limited | 3.31% | up 0.56 pts | ₹3.2 Cr | up ₹45 L | Added |
| Oil India Limited | 3.14% | down 0.47 pts | ₹3 Cr | down ₹58 L | Trimmed |
| State Bank of India | 3.13% | down 0.27 pts | ₹3 Cr | down ₹38 L | Trimmed |
| Gujarat State Petronet Limited | 3.08% | up 0.12 pts | ₹3 Cr | up ₹1 L | Held |
| Reliance Industries Limited | 2.93% | up 2.93 pts | ₹2.8 Cr | up ₹2.8 Cr | New |
| Reliance Power Limited | 2.69% | down 0.11 pts | ₹2.6 Cr | down ₹20 L | Trimmed |
| Career Point Ltd | 2.60% | down 0.24 pts | ₹2.5 Cr | down ₹33 L | Trimmed |
| Larsen & Toubro Limited | 2.49% | down 0.32 pts | ₹2.4 Cr | down ₹41 L | Trimmed |
| Bank of Baroda | 2.38% | down 0.42 pts | ₹2.3 Cr | down ₹50 L | Trimmed |
| Cyient Limited | 2.33% | up 0.14 pts | ₹2.3 Cr | up ₹6 L | Added |
| Trent Limited | 2.18% | up 0.66 pts | ₹2.1 Cr | up ₹58 L | Added |
| Hindustan Petroleum Corporation Limited | 2.16% | down 0.47 pts | ₹2.1 Cr | down ₹55 L | Trimmed |
| Fulford India Ltd | 2.06% | up 0.14 pts | ₹2 Cr | up ₹7 L | Added |
What changed, Jul 2013 to Aug 2013
New New positions (3)
- Housing Development Finance Corporation Limited4.6% · ₹4.5 Cr
- Cipla Limited4.3% · ₹4.2 Cr
- Reliance Industries Limited2.9% · ₹2.8 Cr
Exited Exited (4)
- Eicher Motors Limitedwas 5.2% · ₹5.2 Cr
- BASF India Limitedwas 3.7% · ₹3.7 Cr
- Navneet Education Ltdwas 2.3% · ₹2.3 Cr
- Ranbaxy Laboratories Ltdwas 2.1% · ₹2.1 Cr
Added Biggest additions
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 Jul 2013, the weight rose most in Pharmaceuticals & Biotechnology (+7.7 pts) and Finance (+4.9 pts), and fell most in Automobiles (−5.7 pts) and Chemicals & Petrochemicals (−4.0 pts).
- Pharmaceuticals & Biotechnology5.4% → 13.2%+7.7 pts
- Finance0.0% → 4.9%new+4.9 pts
- Petroleum Products7.3% → 9.2%+2.0 pts
- Retailing4.7% → 5.9%+1.2 pts
- Ferrous Metals2.7% → 3.8%+1.1 pts
- IT - Software12.6% → 13.4%+0.8 pts
- Automobiles5.7% → 0.0%exited−5.7 pts
- Chemicals & Petrochemicals4.0% → 0.0%exited−4.0 pts
- Media & Entertainment6.6% → 4.0%−2.6 pts
- Pharmaceuticals2.3% → 0.0%exited−2.3 pts
- Electrical Equipment7.8% → 6.4%−1.4 pts
- Banks10.7% → 9.5%−1.2 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 | Feb 2013 | May 2013 | Jul 2013 | Aug 2013 |
|---|---|---|---|---|
| IT - Software | 9.7% | 8.1% | 12.6% | 13.4% |
| Pharmaceuticals & Biotechnology | 12.8% | 9.5% | 5.4% | 13.2% |
| Industrial Products | 11.9% | 13.4% | 9.3% | 9.9% |
| Banks | 11.3% | 12.4% | 10.7% | 9.5% |
| Petroleum Products | 7.9% | 7.8% | 7.3% | 9.2% |
| Electrical Equipment | — | — | 7.8% | 6.4% |
| Retailing | — | — | 4.7% | 5.9% |
| Finance | 3.1% | 3.6% | — | 4.9% |
| Media & Entertainment | 4.2% | 4.4% | 6.6% | 4.0% |
| Ferrous Metals | 3.8% | 3.2% | 2.7% | 3.8% |
Allocation in Aug 2013change vs Jul 2013
- IT - Software (3)13.4%▲ 0.8 pts
- Pharmaceuticals & Biotechnology (3)13.2%▲ 7.7 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, Aug 2013
6.8%
▼ 1.5 pts vs Jul 2013
- Cash alone
- 6.8%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.8% – 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.