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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
₹137 Cr
down ₹1.5 Cr vs Jan 2015
- Stocks held
- 21
- up 1 vs Jan 2015
- Top 10 weight
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 2015 it disclosed 21 stocks worth ₹137 Cr, down ₹1.5 Cr from Jan 2015. Its largest positions were Abbott India Limited (7.7%), TD Power Systems Limited (7.3%), Cummins India Limited (6.9%); the ten largest together made up 63.4% of the portfolio, and Banks was the biggest sector at 25.4% of its equity. Cash and debt stood at 3.3%. Compared with Jan 2015 the fund entered 1 new stock and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
100%
Top-10 weight is higher than 100% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
62%
Holds more cash than 62% of peers
What these mean: concentration · cash
Holdings in February 2015
Download CSVEvery line the fund disclosed, with the change against Jan 2015. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Abbott India Limited | 7.69% | down 0.29 pts | ₹10.5 Cr | down ₹51 L | Trimmed |
| TD Power Systems Limited | 7.32% | down 0.22 pts | ₹10 Cr | down ₹41 L | Trimmed |
| Cummins India Limited | 6.92% | up 0.11 pts | ₹9.5 Cr | up ₹5 L | Added |
| State Bank of India | 6.60% | down 0.09 pts | ₹9 Cr | down ₹22 L | Trimmed |
| Bharat Forge Limited | 6.41% | up 1.18 pts | ₹8.8 Cr | up ₹1.5 Cr | Added |
| ICICI Bank Limited | 6.32% | down 0.20 pts | ₹8.7 Cr | down ₹36 L | Trimmed |
| HDFC Bank Limited | 6.25% | up 0.03 pts | ₹8.6 Cr | down ₹5 L | Trimmed |
| Cyient Limited | 5.82% | up 0.25 pts | ₹8 Cr | up ₹26 L | Added |
| GE Power India Limited | 5.08% | down 0.08 pts | ₹7 Cr | down ₹19 L | Trimmed |
| Divi's Laboratories Limited | 5.02% | down 0.01 pts | ₹6.9 Cr | down ₹8 L | Trimmed |
| Shoppers Stop Limited | 5.01% | up 0.10 pts | ₹6.9 Cr | up ₹6 L | Added |
| Larsen & Toubro Limited | 4.94% | up 0.24 pts | ₹6.8 Cr | up ₹26 L | Added |
| Zydus Lifesciences Limited | 3.39% | down 0.16 pts | ₹4.6 Cr | down ₹28 L | Trimmed |
| Infosys Limited | 3.35% | up 0.26 pts | ₹4.6 Cr | up ₹31 L | Added |
| Cash, TREPS & receivables | 3.35% | down 3.56 pts | ₹4.6 Cr | down ₹5 Cr | Trimmed |
| The Federal Bank Limited | 3.12% | up 0.05 pts | ₹4.3 Cr | up ₹3 L | Added |
| Hindustan Media Ventures Ltd | 2.92% | down 0.08 pts | ₹4 Cr | down ₹16 L | Trimmed |
| Wipro Limited | 2.41% | up 0.22 pts | ₹3.3 Cr | up ₹26 L | Added |
| Tata Motors Limited | 2.38% | up 0.06 pts | ₹3.3 Cr | up ₹5 L | Added |
| Axis Bank Limited | 2.24% | up 2.24 pts | ₹3.1 Cr | up ₹3.1 Cr | New |
| Reliance Power Limited | 1.75% | down 0.06 pts | ₹2.4 Cr | down ₹10 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.68% | up 0.01 pts | ₹2.3 Cr | down ₹1 L | Held |
What changed, Jan 2015 to Feb 2015
New New positions (1)
- Axis Bank Limited2.2% · ₹3.1 Cr
Exited Exited (0)
None.
Added Biggest additions
- Bharat Forge Limitedup ₹1.5 Cr (+1.18% pts)
- Infosys Limitedup ₹31 L (+0.26% pts)
- Wipro Limitedup ₹26 L (+0.22% pts)
- Cyient Limitedup ₹26 L (+0.25% pts)
- Larsen & Toubro 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 Jan 2015, the weight rose most in Banks (+1.2 pts) and Industrial Products (+0.9 pts), and fell most in Pharmaceuticals & Biotechnology (−1.1 pts) and Electrical Equipment (−0.5 pts).
- Banks24.2% → 25.4%+1.2 pts
- Industrial Products12.9% → 13.8%+0.9 pts
- IT - Software5.7% → 6.0%+0.3 pts
- Pharmaceuticals & Biotechnology17.8% → 16.7%−1.1 pts
- Electrical Equipment8.1% → 7.6%−0.5 pts
- Industrial Capital Goods5.5% → 5.3%−0.3 pts
- Media & Entertainment3.2% → 3.0%−0.2 pts
- Power1.9% → 1.8%−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 2014 | Aug 2014 | Nov 2014 | Jan 2015 | Feb 2015 |
|---|---|---|---|---|---|
| Banks | 9.5% | 21.4% | 22.9% | 24.2% | 25.4% |
| Pharmaceuticals & Biotechnology | 17.5% | 15.6% | 16.0% | 17.8% | 16.7% |
| Industrial Products | 12.0% | 13.6% | 12.6% | 12.9% | 13.8% |
| Electrical Equipment | 7.5% | 10.8% | 8.8% | 8.1% | 7.6% |
| IT - Services | 4.6% | 5.1% | 5.6% | 6.0% | 6.0% |
| IT - Software | 7.0% | 5.4% | 5.4% | 5.7% | 6.0% |
| Industrial Capital Goods | 3.4% | 4.2% | 4.5% | 5.5% | 5.3% |
| Retailing | 10.6% | 5.6% | 5.3% | 5.3% | 5.2% |
| Construction | 2.7% | 4.9% | 4.7% | 5.1% | 5.1% |
| Media & Entertainment | 3.8% | 4.0% | 8.5% | 3.2% | 3.0% |
Allocation in Feb 2015change vs Jan 2015
- Banks (5)25.4%▲ 1.2 pts
- Pharmaceuticals & Biotechnology (3)16.7%▼ 1.1 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 2015
3.3%
▼ 3.6 pts vs Jan 2015
- Cash alone
- 3.4%
- cash and net receivables
- A year earlier
- 5.8%
- Feb 2014 · now ▼ 2.5 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.