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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
₹124 Cr
down ₹3.8 Cr vs May 2015
- Stocks held
- 22
- unchanged
- Top 10 weight
- 62.2%
Reliance Equity Linked Saving Fund - Series I is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In June 2015 it disclosed 22 stocks worth ₹124 Cr, down ₹3.8 Cr from May 2015. Its largest positions were HDFC Bank Limited (7.7%), TD Power Systems Limited (6.8%), State Bank of India (6.4%); the ten largest together made up 62.2% of the portfolio, and Banks was the biggest sector at 26.7% of its equity. Cash and debt stood at 2.0%. Compared with May 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
32%
Holds more cash than 32% of peers
Holdings in June 2015
Download CSVEvery line the fund disclosed, with the change against May 2015. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 7.74% | up 0.35 pts | ₹9.6 Cr | up ₹15 L | Added |
| TD Power Systems Limited | 6.77% | up 0.06 pts | ₹8.4 Cr | down ₹18 L | Trimmed |
| State Bank of India | 6.35% | down 0.17 pts | ₹7.9 Cr | down ₹46 L | Trimmed |
| ICICI Bank Limited | 6.20% | up <0.01 pts | ₹7.7 Cr | down ₹23 L | Trimmed |
| Cummins India Limited | 6.19% | up 0.04 pts | ₹7.7 Cr | down ₹19 L | Trimmed |
| Divi's Laboratories Limited | 6.06% | up 0.37 pts | ₹7.5 Cr | up ₹24 L | Added |
| GE Power India Limited | 5.93% | up 0.08 pts | ₹7.4 Cr | down ₹13 L | Trimmed |
| Abbott India Limited | 5.89% | down 0.04 pts | ₹7.3 Cr | down ₹27 L | Trimmed |
| Infosys Limited | 5.55% | up 0.02 pts | ₹6.9 Cr | down ₹19 L | Trimmed |
| Larsen & Toubro Limited | 5.50% | up 0.55 pts | ₹6.8 Cr | up ₹49 L | Added |
| Shoppers Stop Limited | 4.71% | up 0.06 pts | ₹5.8 Cr | down ₹10 L | Trimmed |
| Cyient Limited | 4.69% | up 0.29 pts | ₹5.8 Cr | up ₹20 L | Added |
| Zydus Lifesciences Limited | 4.34% | down 0.07 pts | ₹5.4 Cr | down ₹26 L | Trimmed |
| Bharat Forge Limited | 4.28% | down 0.53 pts | ₹5.3 Cr | down ₹84 L | Trimmed |
| The Federal Bank Limited | 3.57% | up 0.22 pts | ₹4.4 Cr | up ₹15 L | Added |
| Hindustan Media Ventures Ltd | 2.95% | down 0.06 pts | ₹3.7 Cr | down ₹19 L | Trimmed |
| Axis Bank Limited | 2.25% | down 0.04 pts | ₹2.8 Cr | down ₹13 L | Trimmed |
| Wipro Limited | 2.21% | up 0.01 pts | ₹2.7 Cr | down ₹8 L | Trimmed |
| Tata Motors Limited | 2.03% | down 0.16 pts | ₹2.5 Cr | down ₹28 L | Trimmed |
| Cash, TREPS & receivables | 2.01% | down 0.75 pts | ₹2.5 Cr | down ₹1 Cr | Trimmed |
| Max Financial Services Limited | 1.95% | up 0.11 pts | ₹2.4 Cr | up ₹7 L | Added |
| Indian Metals & Ferro Alloys Limited | 1.43% | down 0.14 pts | ₹1.8 Cr | down ₹24 L | Trimmed |
| Reliance Power Limited | 1.39% | down 0.20 pts | ₹1.7 Cr | down ₹31 L | Trimmed |
What changed, May 2015 to Jun 2015
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Larsen & Toubro Limitedup ₹49 L (+0.55% pts)
- Divi's Laboratories Limitedup ₹24 L (+0.37% pts)
- Cyient Limitedup ₹20 L (+0.29% pts)
- HDFC Bank Limitedup ₹15 L (+0.35% pts)
- The Federal Bank Limitedup ₹15 L (+0.22% 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 May 2015, the weight rose most in Construction (+0.5 pts) and IT - Services (+0.3 pts), and fell most in Industrial Products (−0.6 pts) and Power (−0.2 pts).
- Construction5.1% → 5.6%+0.5 pts
- IT - Services4.5% → 4.8%+0.3 pts
- Banks26.5% → 26.7%+0.2 pts
- Pharmaceuticals & Biotechnology16.5% → 16.6%+0.1 pts
- Industrial Products11.3% → 10.7%−0.6 pts
- Power1.6% → 1.4%−0.2 pts
- Automobiles2.2% → 2.1%−0.2 pts
- Ferrous Metals1.6% → 1.5%−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 | Jun 2014 | Dec 2014 | Mar 2015 | May 2015 | Jun 2015 |
|---|---|---|---|---|---|
| Banks | 13.9% | 22.7% | 24.1% | 26.5% | 26.7% |
| Pharmaceuticals & Biotechnology | 15.3% | 16.7% | 15.5% | 16.5% | 16.6% |
| Industrial Products | 14.2% | 11.9% | 12.9% | 11.3% | 10.7% |
| IT - Software | 5.1% | 5.0% | 8.5% | 8.0% | 7.9% |
| Electrical Equipment | 10.6% | 9.2% | 7.6% | 6.9% | 6.9% |
| Industrial Capital Goods | 4.5% | 4.9% | 5.8% | 6.0% | 6.1% |
| Construction | 5.5% | 4.3% | 5.1% | 5.1% | 5.6% |
| Retailing | 5.0% | 5.4% | 4.7% | 4.8% | 4.8% |
| IT - Services | 4.3% | 5.6% | 5.7% | 4.5% | 4.8% |
| Media & Entertainment | 4.1% | 8.7% | 3.0% | 3.1% | 3.0% |
Allocation in Jun 2015change vs May 2015
- Banks (5)26.7%▲ 0.2 pts
- Pharmaceuticals & Biotechnology (3)16.6%▲ 0.1 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.
Cash & debt, Jun 2015
2.0%
▼ 0.7 pts vs May 2015
- Cash alone
- 2.0%
- cash and net receivables
- A year earlier
- 4.5%
- Jun 2014 · now ▼ 2.5 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.