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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
₹118 Cr
up ₹10.9 Cr vs Apr 2014
- Stocks held
- 22
- down 1 vs Apr 2014
- Top 10 weight
- 59.1%
- 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 May 2014 it disclosed 22 stocks worth ₹118 Cr, up ₹10.9 Cr from Apr 2014. Its largest positions were TD Power Systems Limited (9.2%), Cummins India Limited (6.8%), State Bank of India (6.5%); the ten largest together made up 59.1% of the portfolio, and Banks was the biggest sector at 14.6% of its equity. Cash and debt stood at 7.3%. Compared with Apr 2014 the fund entered 2 new stocks and exited 3.
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
94%
Holds more cash than 94% of peers
What these mean: concentration · cash
Holdings in May 2014
Download CSVEvery line the fund disclosed, with the change against Apr 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 | 9.25% | up 0.99 pts | ₹10.9 Cr | up ₹2.1 Cr | Added |
| Cash, TREPS & receivables | 7.32% | up 3.36 pts | ₹8.6 Cr | up ₹4.4 Cr | Added |
| Cummins India Limited | 6.75% | up 0.34 pts | ₹7.9 Cr | up ₹1.1 Cr | Added |
| State Bank of India | 6.48% | up 0.64 pts | ₹7.6 Cr | up ₹1.4 Cr | Added |
| ICICI Bank Limited | 6.02% | down 0.96 pts | ₹7.1 Cr | down ₹37 L | Trimmed |
| Bharat Forge Limited | 5.97% | up 0.62 pts | ₹7 Cr | up ₹1.3 Cr | Added |
| Divi's Laboratories Limited | 5.38% | up 0.90 pts | ₹6.3 Cr | up ₹1.5 Cr | Added |
| Larsen & Toubro Limited | 5.03% | down 0.82 pts | ₹5.9 Cr | down ₹33 L | Trimmed |
| Career Point Ltd | 5.01% | up 1.23 pts | ₹5.9 Cr | up ₹1.9 Cr | Added |
| Shoppers Stop Limited | 4.94% | up 0.13 pts | ₹5.8 Cr | up ₹67 L | Added |
| GE Power India Limited | 4.25% | down 0.12 pts | ₹5 Cr | up ₹33 L | Added |
| Abbott India Limited | 4.13% | down 0.65 pts | ₹4.9 Cr | down ₹24 L | Trimmed |
| Hindustan Media Ventures Ltd | 4.06% | up 0.29 pts | ₹4.8 Cr | up ₹75 L | Added |
| Indian Metals & Ferro Alloys Limited | 3.81% | up 1.18 pts | ₹4.5 Cr | up ₹1.7 Cr | Added |
| Cyient Limited | 3.78% | up 0.19 pts | ₹4.4 Cr | up ₹61 L | Added |
| Zydus Lifesciences Limited | 3.57% | down 0.55 pts | ₹4.2 Cr | down ₹20 L | Trimmed |
| Reliance Power Limited | 3.09% | up 0.63 pts | ₹3.6 Cr | up ₹1 Cr | Added |
| Bharat Electronics Limited | 2.73% | up 2.73 pts | ₹3.2 Cr | up ₹3.2 Cr | New |
| Infosys Limited | 2.50% | down 0.48 pts | ₹2.9 Cr | down ₹24 L | Trimmed |
| Wipro Limited | 2.16% | down 0.30 pts | ₹2.5 Cr | down ₹8 L | Trimmed |
| Bharat Petroleum Corporation Limited | 1.77% | down 1.42 pts | ₹2.1 Cr | down ₹1.3 Cr | Trimmed |
| GE Vernova T&D India Limited | 1.01% | up 0.01 pts | ₹1.2 Cr | up ₹13 L | Added |
| The Federal Bank Limited | 0.99% | up 0.99 pts | ₹1.2 Cr | up ₹1.2 Cr | New |
What changed, Apr 2014 to May 2014
New New positions (2)
- Bharat Electronics Limited2.7% · ₹3.2 Cr
- The Federal Bank Limited1.0% · ₹1.2 Cr
Exited Exited (3)
- Trent Limitedwas 4.6% · ₹4.9 Cr
- The Jammu & Kashmir Bank Limitedwas 2.4% · ₹2.5 Cr
- Gujarat State Petronet Limitedwas 2.0% · ₹2.1 Cr
Added Biggest additions
- TD Power Systems Limitedup ₹2.1 Cr (+0.99% 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 Apr 2014, the weight rose most in Aerospace & Defense (+2.9 pts) and Industrial Products (+1.5 pts), and fell most in Retailing (−4.5 pts) and Gas (−2.1 pts).
- Aerospace & Defense0.0% → 2.9%new+2.9 pts
- Industrial Products12.2% → 13.7%+1.5 pts
- Diversified Consumer Services3.9% → 5.4%+1.5 pts
- Electrical Equipment9.6% → 11.1%+1.4 pts
- Ferrous Metals2.7% → 4.1%+1.4 pts
- Power2.6% → 3.3%+0.8 pts
- Retailing9.8% → 5.3%−4.5 pts
- Gas2.1% → 0.0%exited−2.1 pts
- Petroleum Products3.3% → 1.9%−1.4 pts
- Banks15.8% → 14.6%−1.2 pts
- Construction6.1% → 5.4%−0.7 pts
- IT - Software5.7% → 5.0%−0.6 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 | May 2013 | Nov 2013 | Feb 2014 | Apr 2014 | May 2014 |
|---|---|---|---|---|---|
| Banks | 12.4% | 9.4% | 9.5% | 15.8% | 14.6% |
| Pharmaceuticals & Biotechnology | 9.5% | 11.1% | 17.5% | 13.9% | 14.1% |
| Industrial Products | 13.4% | 10.2% | 12.0% | 12.2% | 13.7% |
| Electrical Equipment | — | 5.7% | 7.5% | 9.6% | 11.1% |
| Construction | 3.0% | 3.5% | 2.7% | 6.1% | 5.4% |
| Diversified Consumer Services | — | 3.8% | 3.2% | 3.9% | 5.4% |
| Retailing | — | 6.9% | 10.6% | 9.8% | 5.3% |
| IT - Software | 8.1% | 9.5% | 7.0% | 5.7% | 5.0% |
| Industrial Capital Goods | — | 3.8% | 3.4% | 4.6% | 4.6% |
| Media & Entertainment | 4.4% | 3.3% | 3.8% | 3.9% | 4.4% |
Allocation in May 2014change vs Apr 2014
- Banks (3)14.6%▼ 1.2 pts
- Pharmaceuticals & Biotechnology (3)14.1%▲ 0.2 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, May 2014
7.3%
▲ 3.4 pts vs Apr 2014
- Cash alone
- 7.3%
- cash and net receivables
- A year earlier
- 6.5%
- May 2013 · now ▲ 0.8 pts
- Last 12 months
- 1.8% – 8.2%
- 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.