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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
₹128 Cr
up ₹3.2 Cr vs Apr 2015
- Stocks held
- 22
- unchanged
- Top 10 weight
- 60.9%
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 2015 it disclosed 22 stocks worth ₹128 Cr, up ₹3.2 Cr from Apr 2015. Its largest positions were HDFC Bank Limited (7.4%), TD Power Systems Limited (6.7%), State Bank of India (6.5%); the ten largest together made up 60.9% of the portfolio, and Banks was the biggest sector at 26.5% of its equity. Cash and debt stood at 2.8%. Compared with Apr 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
57%
Holds more cash than 57% of peers
What these mean: concentration · cash
Holdings in May 2015
Download CSVEvery line the fund disclosed, with the change against Apr 2015. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 7.39% | up 1.05 pts | ₹9.5 Cr | up ₹1.5 Cr | Added |
| TD Power Systems Limited | 6.70% | down 0.46 pts | ₹8.6 Cr | down ₹36 L | Trimmed |
| State Bank of India | 6.52% | up 0.03 pts | ₹8.3 Cr | up ₹25 L | Added |
| ICICI Bank Limited | 6.20% | down 0.44 pts | ₹7.9 Cr | down ₹35 L | Trimmed |
| Cummins India Limited | 6.16% | up 0.23 pts | ₹7.9 Cr | up ₹48 L | Added |
| Abbott India Limited | 5.93% | down <0.01 pts | ₹7.6 Cr | up ₹19 L | Added |
| GE Power India Limited | 5.85% | down 0.03 pts | ₹7.5 Cr | up ₹16 L | Added |
| Divi's Laboratories Limited | 5.69% | up 0.16 pts | ₹7.3 Cr | up ₹39 L | Added |
| Infosys Limited | 5.54% | up 0.08 pts | ₹7.1 Cr | up ₹28 L | Added |
| Larsen & Toubro Limited | 4.95% | down 0.06 pts | ₹6.3 Cr | up ₹9 L | Added |
| Bharat Forge Limited | 4.81% | down 1.22 pts | ₹6.2 Cr | down ₹1.4 Cr | Trimmed |
| Shoppers Stop Limited | 4.64% | up 0.50 pts | ₹5.9 Cr | up ₹77 L | Added |
| Zydus Lifesciences Limited | 4.41% | up 0.32 pts | ₹5.6 Cr | up ₹54 L | Added |
| Cyient Limited | 4.40% | down 1.19 pts | ₹5.6 Cr | down ₹1.3 Cr | Trimmed |
| The Federal Bank Limited | 3.35% | up 0.19 pts | ₹4.3 Cr | up ₹34 L | Added |
| Hindustan Media Ventures Ltd | 3.01% | down 0.15 pts | ₹3.8 Cr | down ₹9 L | Trimmed |
| Cash, TREPS & receivables | 2.76% | up 1.19 pts | ₹3.5 Cr | up ₹1.6 Cr | Added |
| Axis Bank Limited | 2.29% | up 0.01 pts | ₹2.9 Cr | up ₹9 L | Added |
| Wipro Limited | 2.20% | up 0.04 pts | ₹2.8 Cr | up ₹12 L | Added |
| Tata Motors Limited | 2.18% | down 0.18 pts | ₹2.8 Cr | down ₹15 L | Trimmed |
| Max Financial Services Limited | 1.84% | up 0.12 pts | ₹2.3 Cr | up ₹21 L | Added |
| Reliance Power Limited | 1.59% | down 0.16 pts | ₹2 Cr | down ₹15 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.57% | down 0.02 pts | ₹2 Cr | up ₹3 L | Added |
What changed, Apr 2015 to May 2015
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- HDFC Bank Limitedup ₹1.5 Cr (+1.05% pts)
- Shoppers Stop Limitedup ₹77 L (+0.50% pts)
- Zydus Lifesciences Limitedup ₹54 L (+0.32% pts)
- Cummins India Limitedup ₹48 L (+0.23% pts)
- Divi's Laboratories Limitedup ₹39 L (+0.16% 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 2015, the weight rose most in Banks (+1.2 pts) and Pharmaceuticals & Biotechnology (+0.7 pts), and fell most in IT - Services (−1.2 pts) and Industrial Products (−0.9 pts).
- Banks25.3% → 26.5%+1.2 pts
- Pharmaceuticals & Biotechnology15.8% → 16.5%+0.7 pts
- Retailing4.2% → 4.8%+0.6 pts
- IT - Software7.7% → 8.0%+0.2 pts
- Insurance1.7% → 1.9%+0.1 pts
- IT - Services5.7% → 4.5%−1.2 pts
- Industrial Products12.2% → 11.3%−0.9 pts
- Electrical Equipment7.3% → 6.9%−0.4 pts
- Automobiles2.4% → 2.2%−0.2 pts
- Power1.8% → 1.6%−0.1 pts
- Media & Entertainment3.2% → 3.1%−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 | May 2014 | Nov 2014 | Feb 2015 | Apr 2015 | May 2015 |
|---|---|---|---|---|---|
| Banks | 14.6% | 22.9% | 25.4% | 25.3% | 26.5% |
| Pharmaceuticals & Biotechnology | 14.1% | 16.0% | 16.7% | 15.8% | 16.5% |
| Industrial Products | 13.7% | 12.6% | 13.8% | 12.2% | 11.3% |
| IT - Software | 5.0% | 5.4% | 6.0% | 7.7% | 8.0% |
| Electrical Equipment | 11.1% | 8.8% | 7.6% | 7.3% | 6.9% |
| Industrial Capital Goods | 4.6% | 4.5% | 5.3% | 6.0% | 6.0% |
| Construction | 5.4% | 4.7% | 5.1% | 5.1% | 5.1% |
| Retailing | 5.3% | 5.3% | 5.2% | 4.2% | 4.8% |
| IT - Services | 4.1% | 5.6% | 6.0% | 5.7% | 4.5% |
| Media & Entertainment | 4.4% | 8.5% | 3.0% | 3.2% | 3.1% |
Allocation in May 2015change vs Apr 2015
- Banks (5)26.5%▲ 1.2 pts
- Pharmaceuticals & Biotechnology (3)16.5%▲ 0.7 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, May 2015
2.8%
▲ 1.2 pts vs Apr 2015
- Cash alone
- 2.8%
- cash and net receivables
- A year earlier
- 7.3%
- May 2014 · now ▼ 4.6 pts
- Last 12 months
- 1.6% – 6.9%
- 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.