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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
₹103 Cr
up ₹64 L vs Jan 2014
- Stocks held
- 27
- up 1 vs Jan 2014
- Top 10 weight
- 50.6%
- 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 February 2014 it disclosed 27 stocks worth ₹103 Cr, up ₹64 L from Jan 2014. Its largest positions were TD Power Systems Limited (7.0%), Cummins India Limited (6.1%), Shoppers Stop Limited (5.2%); the ten largest together made up 50.6% of the portfolio, and Pharmaceuticals & Biotechnology was the biggest sector at 17.5% of its equity. Cash and debt stood at 5.8%. Compared with Jan 2014 the fund entered 2 new stocks and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
85%
Top-10 weight is higher than 85% of peers
Breadth
4%
Holds more stocks than 4% of peers
Cash
87%
Holds more cash than 87% of peers
What these mean: concentration · cash
Holdings in February 2014
Download CSVEvery line the fund disclosed, with the change against Jan 2014. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| TD Power Systems Limited | 6.98% | down 0.01 pts | ₹7.2 Cr | up ₹3 L | Held |
| Cummins India Limited | 6.12% | up 0.80 pts | ₹6.3 Cr | up ₹87 L | Added |
| Cash, TREPS & receivables | 5.80% | up 2.92 pts | ₹6 Cr | up ₹3 Cr | Added |
| Shoppers Stop Limited | 5.20% | down 0.07 pts | ₹5.4 Cr | down ₹4 L | Trimmed |
| Bharat Forge Limited | 5.18% | up 0.46 pts | ₹5.4 Cr | up ₹50 L | Added |
| Trent Limited | 4.81% | down 0.46 pts | ₹5 Cr | down ₹44 L | Trimmed |
| Divi's Laboratories Limited | 4.78% | up 0.34 pts | ₹4.9 Cr | up ₹38 L | Added |
| Abbott India Limited | 4.67% | up 0.20 pts | ₹4.8 Cr | up ₹23 L | Added |
| Zydus Lifesciences Limited | 4.50% | up 4.50 pts | ₹4.7 Cr | up ₹4.7 Cr | New |
| Cyient Limited | 4.34% | up 0.10 pts | ₹4.5 Cr | up ₹13 L | Added |
| ICICI Bank Limited | 4.04% | up 0.19 pts | ₹4.2 Cr | up ₹22 L | Added |
| Infosys Limited | 3.70% | down 1.34 pts | ₹3.8 Cr | down ₹1.4 Cr | Trimmed |
| Hindustan Media Ventures Ltd | 3.60% | down 0.25 pts | ₹3.7 Cr | down ₹24 L | Trimmed |
| GE Power India Limited | 3.20% | up 0.03 pts | ₹3.3 Cr | up ₹6 L | Added |
| Housing Development Finance Corporation Limited | 3.17% | up 0.02 pts | ₹3.3 Cr | up ₹4 L | Added |
| Career Point Ltd | 2.99% | down 0.23 pts | ₹3.1 Cr | down ₹22 L | Trimmed |
| State Bank of India | 2.97% | down <0.01 pts | ₹3.1 Cr | up ₹2 L | Added |
| Wipro Limited | 2.90% | up 0.09 pts | ₹3 Cr | up ₹11 L | Added |
| Bharat Petroleum Corporation Limited | 2.74% | down 1.67 pts | ₹2.8 Cr | down ₹1.7 Cr | Trimmed |
| Cipla Limited | 2.57% | down 0.19 pts | ₹2.7 Cr | down ₹18 L | Trimmed |
| Hindustan Petroleum Corporation Limited | 2.56% | down 2.79 pts | ₹2.6 Cr | down ₹2.8 Cr | Trimmed |
| Larsen & Toubro Limited | 2.50% | up 0.27 pts | ₹2.6 Cr | up ₹29 L | Added |
| Reliance Power Limited | 2.31% | down 0.02 pts | ₹2.4 Cr | down ₹1 L | Held |
| Gujarat State Petronet Limited | 2.24% | down 1.00 pts | ₹2.3 Cr | down ₹1 Cr | Trimmed |
| Jet Airways (India) Ltd | 2.09% | down 0.20 pts | ₹2.2 Cr | down ₹20 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.99% | down 0.15 pts | ₹2.1 Cr | down ₹14 L | Trimmed |
| The Jammu & Kashmir Bank Limited | 1.94% | down 0.09 pts | ₹2 Cr | down ₹8 L | Trimmed |
| GE Vernova T&D India Limited | 0.10% | up 0.10 pts | ₹10 L | up ₹10 L | New |
What changed, Jan 2014 to Feb 2014
New New positions (2)
- Zydus Lifesciences Limited4.5% · ₹4.7 Cr
- GE Vernova T&D India Limited0.1% · ₹10 L
Exited Exited (1)
- Bharti Airtel Limitedwas 1.5% · ₹1.6 Cr
Added Biggest additions
- Cummins India Limitedup ₹87 L (+0.80% pts)
- Bharat Forge Limitedup ₹50 L (+0.46% pts)
- Divi's Laboratories Limited ₹38 L (+0.34% 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 2014, the weight rose most in Pharmaceuticals & Biotechnology (+5.5 pts) and Industrial Products (+1.7 pts), and fell most in Petroleum Products (−4.4 pts) and Telecom - Services (−1.6 pts).
- Pharmaceuticals & Biotechnology12.0% → 17.5%+5.5 pts
- Industrial Products10.3% → 12.0%+1.7 pts
- Banks9.1% → 9.5%+0.4 pts
- Construction2.3% → 2.7%+0.4 pts
- Electrical Equipment7.2% → 7.5%+0.3 pts
- IT - Services4.4% → 4.6%+0.2 pts
- Petroleum Products10.1% → 5.6%−4.4 pts
- Telecom - Services1.6% → 0.0%exited−1.6 pts
- IT - Software8.1% → 7.0%−1.1 pts
- Gas3.3% → 2.4%−1.0 pts
- Retailing10.8% → 10.6%−0.2 pts
- Media & Entertainment4.0% → 3.8%−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 2013 | Aug 2013 | Nov 2013 | Jan 2014 | Feb 2014 |
|---|---|---|---|---|---|
| Pharmaceuticals & Biotechnology | 12.8% | 13.2% | 11.1% | 12.0% | 17.5% |
| Industrial Products | 11.9% | 9.9% | 10.2% | 10.3% | 12.0% |
| Retailing | — | 5.9% | 6.9% | 10.8% | 10.6% |
| Banks | 11.3% | 9.5% | 9.4% | 9.1% | 9.5% |
| Electrical Equipment | — | 6.4% | 5.7% | 7.2% | 7.5% |
| IT - Software | 9.7% | 13.4% | 9.5% | 8.1% | 7.0% |
| Petroleum Products | 7.9% | 9.2% | 12.1% | 10.1% | 5.6% |
| IT - Services | 1.8% | 2.5% | 3.4% | 4.4% | 4.6% |
| Media & Entertainment | 4.2% | 4.0% | 3.3% | 4.0% | 3.8% |
| Industrial Capital Goods | — | — | 3.8% | 3.3% | 3.4% |
Allocation in Feb 2014change vs Jan 2014
- Pharmaceuticals & Biotechnology (4)17.5%▲ 5.5 pts
- Industrial Products (2)12.0%▲ 1.7 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. More on reading cash.
Cash & debt, Feb 2014
5.8%
▲ 2.9 pts vs Jan 2014
- Cash alone
- 5.8%
- cash and net receivables
- A year earlier
- 3.9%
- Feb 2013 · now ▲ 1.9 pts
- Last 12 months
- 1.8% – 8.6%
- 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.