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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
₹130 Cr
up ₹4.9 Cr vs Sep 2014
- Stocks held
- 22
- unchanged
- Top 10 weight
- 62.8%
- 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 October 2014 it disclosed 22 stocks worth ₹130 Cr, up ₹4.9 Cr from Sep 2014. Its largest positions were TD Power Systems Limited (8.7%), Cummins India Limited (7.1%), Abbott India Limited (6.7%); the ten largest together made up 62.8% of the portfolio, and Banks was the biggest sector at 22.1% of its equity. Cash and debt stood at 2.8%. Compared with Sep 2014 the fund entered 0 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
60%
Holds more cash than 60% of peers
What these mean: concentration · cash
Holdings in October 2014
Download CSVEvery line the fund disclosed, with the change against Sep 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 | 8.65% | down 0.79 pts | ₹11.2 Cr | down ₹55 L | Trimmed |
| Cummins India Limited | 7.06% | up 0.32 pts | ₹9.1 Cr | up ₹75 L | Added |
| Abbott India Limited | 6.70% | down 0.43 pts | ₹8.7 Cr | down ₹21 L | Trimmed |
| ICICI Bank Limited | 6.28% | up 0.53 pts | ₹8.1 Cr | up ₹97 L | Added |
| State Bank of India | 6.26% | up 0.37 pts | ₹8.1 Cr | up ₹77 L | Added |
| Shoppers Stop Limited | 6.08% | down 0.42 pts | ₹7.9 Cr | down ₹23 L | Trimmed |
| Divi's Laboratories Limited | 5.79% | up 0.01 pts | ₹7.5 Cr | up ₹30 L | Added |
| HDFC Bank Limited | 5.63% | up 0.03 pts | ₹7.3 Cr | up ₹31 L | Added |
| Cyient Limited | 5.37% | up 0.15 pts | ₹7 Cr | up ₹45 L | Added |
| Bharat Forge Limited | 5.02% | down 0.26 pts | ₹6.5 Cr | down ₹8 L | Trimmed |
| Larsen & Toubro Limited | 4.89% | up 0.41 pts | ₹6.3 Cr | up ₹76 L | Added |
| GE Power India Limited | 4.19% | up 0.27 pts | ₹5.4 Cr | up ₹54 L | Added |
| Hindustan Media Ventures Ltd | 4.09% | up 0.26 pts | ₹5.3 Cr | up ₹53 L | Added |
| The Federal Bank Limited | 3.29% | up 0.26 pts | ₹4.3 Cr | up ₹49 L | Added |
| Zydus Lifesciences Limited | 3.25% | up 0.07 pts | ₹4.2 Cr | up ₹25 L | Added |
| Infosys Limited | 3.13% | up 0.12 pts | ₹4.1 Cr | up ₹30 L | Added |
| Cash, TREPS & receivables | 2.82% | up 1.11 pts | ₹3.7 Cr | up ₹1.5 Cr | Added |
| Career Point Ltd | 2.35% | down 1.70 pts | ₹3 Cr | down ₹2 Cr | Trimmed |
| Reliance Power Limited | 2.27% | up 0.10 pts | ₹2.9 Cr | up ₹23 L | Added |
| Wipro Limited | 2.18% | down 0.22 pts | ₹2.8 Cr | down ₹17 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.94% | down 0.27 pts | ₹2.5 Cr | down ₹23 L | Trimmed |
| Tata Motors Limited | 1.65% | up 0.04 pts | ₹2.1 Cr | up ₹13 L | Added |
| GE Vernova T&D India Limited | 1.12% | up 0.04 pts | ₹1.4 Cr | up ₹10 L | Added |
What changed, Sep 2014 to Oct 2014
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- ICICI Bank Limitedup ₹97 L (+0.53% pts)
- State Bank of Indiaup ₹77 L (+0.37% pts)
- Larsen & Toubro Limitedup ₹76 L (+0.41% pts)
- Cummins India Limitedup ₹75 L (+0.32% pts)
- GE Power India Limitedup ₹54 L (+0.27% 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 Sep 2014, the weight rose most in Banks (+1.5 pts) and Construction (+0.5 pts), and fell most in Diversified Consumer Services (−1.7 pts) and Electrical Equipment (−0.7 pts).
- Banks20.6% → 22.1%+1.5 pts
- Construction4.6% → 5.0%+0.5 pts
- Industrial Capital Goods4.0% → 4.3%+0.3 pts
- Media & Entertainment3.9% → 4.2%+0.3 pts
- IT - Services5.3% → 5.5%+0.2 pts
- Industrial Products12.2% → 12.4%+0.2 pts
- Diversified Consumer Services4.1% → 2.4%−1.7 pts
- Electrical Equipment10.7% → 10.1%−0.7 pts
- Retailing6.6% → 6.3%−0.4 pts
- Ferrous Metals2.2% → 2.0%−0.2 pts
- Pharmaceuticals & Biotechnology16.4% → 16.2%−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 2013 | Apr 2014 | Jul 2014 | Sep 2014 | Oct 2014 |
|---|---|---|---|---|---|
| Banks | 9.9% | 15.8% | 15.0% | 20.6% | 22.1% |
| Pharmaceuticals & Biotechnology | 10.4% | 13.9% | 16.0% | 16.4% | 16.2% |
| Industrial Products | 9.0% | 12.2% | 14.3% | 12.2% | 12.4% |
| Electrical Equipment | 5.7% | 9.6% | 11.2% | 10.7% | 10.1% |
| Retailing | 6.5% | 9.8% | 5.1% | 6.6% | 6.3% |
| IT - Services | 3.2% | 3.7% | 4.9% | 5.3% | 5.5% |
| IT - Software | 10.8% | 5.7% | 5.4% | 5.5% | 5.5% |
| Construction | 3.4% | 6.1% | 5.1% | 4.6% | 5.0% |
| Industrial Capital Goods | 3.3% | 4.6% | 4.8% | 4.0% | 4.3% |
| Media & Entertainment | 3.5% | 3.9% | 4.1% | 3.9% | 4.2% |
Allocation in Oct 2014change vs Sep 2014
- Banks (4)22.1%▲ 1.5 pts
- Pharmaceuticals & Biotechnology (3)16.2%▼ 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, Oct 2014
2.8%
▲ 1.1 pts vs Sep 2014
- Cash alone
- 2.8%
- cash and net receivables
- A year earlier
- 7.5%
- Oct 2013 · now ▼ 4.7 pts
- Last 12 months
- 1.7% – 7.3%
- 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.