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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
₹125 Cr
down ₹5.5 Cr vs Mar 2015
- Stocks held
- 22
- unchanged
- Top 10 weight
- 61.5%
Reliance Equity Linked Saving Fund - Series I is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In April 2015 it disclosed 22 stocks worth ₹125 Cr, down ₹5.5 Cr from Mar 2015. Its largest positions were TD Power Systems Limited (7.2%), ICICI Bank Limited (6.6%), State Bank of India (6.5%); the ten largest together made up 61.5% of the portfolio, and Banks was the biggest sector at 25.3% of its equity. Cash and debt stood at 1.6%. Compared with Mar 2015 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
21%
Holds more cash than 21% of peers
What these mean: concentration · cash
Holdings in April 2015
Download CSVEvery line the fund disclosed, with the change against Mar 2015. 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 | 7.17% | down 0.35 pts | ₹8.9 Cr | down ₹85 L | Trimmed |
| ICICI Bank Limited | 6.64% | up 0.58 pts | ₹8.3 Cr | up ₹39 L | Added |
| State Bank of India | 6.49% | up 0.34 pts | ₹8.1 Cr | up ₹8 L | Added |
| HDFC Bank Limited | 6.34% | up 0.06 pts | ₹7.9 Cr | down ₹27 L | Trimmed |
| Bharat Forge Limited | 6.04% | down 0.83 pts | ₹7.5 Cr | down ₹1.4 Cr | Trimmed |
| Abbott India Limited | 5.94% | up 0.23 pts | ₹7.4 Cr | down ₹2 L | Held |
| Cummins India Limited | 5.93% | up 0.13 pts | ₹7.4 Cr | down ₹16 L | Trimmed |
| GE Power India Limited | 5.88% | up 0.15 pts | ₹7.3 Cr | down ₹13 L | Trimmed |
| Cyient Limited | 5.59% | up 0.01 pts | ₹7 Cr | down ₹30 L | Trimmed |
| Divi's Laboratories Limited | 5.53% | up 0.04 pts | ₹6.9 Cr | down ₹25 L | Trimmed |
| Infosys Limited | 5.45% | down 0.51 pts | ₹6.8 Cr | down ₹97 L | Trimmed |
| Larsen & Toubro Limited | 5.01% | down 0.05 pts | ₹6.2 Cr | down ₹34 L | Trimmed |
| Shoppers Stop Limited | 4.15% | down 0.48 pts | ₹5.2 Cr | down ₹85 L | Trimmed |
| Zydus Lifesciences Limited | 4.09% | up 0.08 pts | ₹5.1 Cr | down ₹12 L | Trimmed |
| The Federal Bank Limited | 3.16% | up 0.12 pts | ₹3.9 Cr | down ₹2 L | Held |
| Hindustan Media Ventures Ltd | 3.15% | up 0.19 pts | ₹3.9 Cr | up ₹8 L | Added |
| Tata Motors Limited | 2.37% | up 0.04 pts | ₹2.9 Cr | down ₹8 L | Trimmed |
| Axis Bank Limited | 2.28% | up 0.13 pts | ₹2.8 Cr | up ₹4 L | Added |
| Wipro Limited | 2.17% | down 0.26 pts | ₹2.7 Cr | down ₹45 L | Trimmed |
| Reliance Power Limited | 1.75% | up 0.08 pts | ₹2.2 Cr | up ₹1 L | Held |
| Max Financial Services Limited | 1.72% | up 0.06 pts | ₹2.1 Cr | down ₹1 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.60% | up 0.30 pts | ₹2 Cr | up ₹31 L | Added |
| Cash, TREPS & receivables | 1.57% | down 0.08 pts | ₹2 Cr | down ₹20 L | Trimmed |
What changed, Mar 2015 to Apr 2015
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- ICICI Bank Limitedup ₹39 L (+0.58% pts)
- Indian Metals & Ferro Alloys Limitedup ₹31 L (+0.30% pts)
- State Bank of Indiaup ₹8 L (+0.34% pts)
- Hindustan Media Ventures Ltdup ₹8 L (+0.19% pts)
- Axis Bank Limitedup ₹4 L (+0.13% 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 Mar 2015, the weight rose most in Banks (+1.2 pts) and Pharmaceuticals & Biotechnology (+0.4 pts), and fell most in IT - Software (−0.8 pts) and Industrial Products (−0.7 pts).
- Banks24.1% → 25.3%+1.2 pts
- Pharmaceuticals & Biotechnology15.5% → 15.8%+0.4 pts
- Ferrous Metals1.3% → 1.6%+0.3 pts
- Media & Entertainment3.0% → 3.2%+0.2 pts
- Industrial Capital Goods5.8% → 6.0%+0.1 pts
- IT - Software8.5% → 7.7%−0.8 pts
- Industrial Products12.9% → 12.2%−0.7 pts
- Retailing4.7% → 4.2%−0.5 pts
- Electrical Equipment7.6% → 7.3%−0.4 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 | Apr 2014 | Oct 2014 | Jan 2015 | Mar 2015 | Apr 2015 |
|---|---|---|---|---|---|
| Banks | 15.8% | 22.1% | 24.2% | 24.1% | 25.3% |
| Pharmaceuticals & Biotechnology | 13.9% | 16.2% | 17.8% | 15.5% | 15.8% |
| Industrial Products | 12.2% | 12.4% | 12.9% | 12.9% | 12.2% |
| IT - Software | 5.7% | 5.5% | 5.7% | 8.5% | 7.7% |
| Electrical Equipment | 9.6% | 10.1% | 8.1% | 7.6% | 7.3% |
| Industrial Capital Goods | 4.6% | 4.3% | 5.5% | 5.8% | 6.0% |
| IT - Services | 3.7% | 5.5% | 6.0% | 5.7% | 5.7% |
| Construction | 6.1% | 5.0% | 5.1% | 5.1% | 5.1% |
| Retailing | 9.8% | 6.3% | 5.3% | 4.7% | 4.2% |
| Media & Entertainment | 3.9% | 4.2% | 3.2% | 3.0% | 3.2% |
Allocation in Apr 2015change vs Mar 2015
- Banks (5)25.3%▲ 1.2 pts
- Pharmaceuticals & Biotechnology (3)15.8%▲ 0.4 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, Apr 2015
1.6%
▼ 0.1 pts vs Mar 2015
- Cash alone
- 1.6%
- cash and net receivables
- A year earlier
- 4.0%
- Apr 2014 · now ▼ 2.4 pts
- Last 12 months
- 1.6% – 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.