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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 ₹3.9 Cr vs Jun 2015
- Stocks held
- 22
- unchanged
- 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 July 2015 it disclosed 22 stocks worth ₹128 Cr, up ₹3.9 Cr from Jun 2015. Its largest positions were HDFC Bank Limited (7.8%), Cummins India Limited (6.7%), GE Power India Limited (6.6%); the ten largest together made up 63.6% of the portfolio, and Banks was the biggest sector at 25.8% of its equity. Cash and debt stood at 1.3%. Compared with Jun 2015 the fund entered 0 new stocks 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
15%
Holds more cash than 15% of peers
Holdings in July 2015
Download CSVEvery line the fund disclosed, with the change against Jun 2015. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 7.82% | up 0.08 pts | ₹10 Cr | up ₹40 L | Added |
| Cummins India Limited | 6.69% | up 0.49 pts | ₹8.6 Cr | up ₹87 L | Added |
| GE Power India Limited | 6.57% | up 0.64 pts | ₹8.4 Cr | up ₹1.1 Cr | Added |
| Abbott India Limited | 6.54% | up 0.65 pts | ₹8.4 Cr | up ₹1.1 Cr | Added |
| State Bank of India | 6.33% | down 0.02 pts | ₹8.1 Cr | up ₹22 L | Added |
| TD Power Systems Limited | 6.32% | down 0.45 pts | ₹8.1 Cr | down ₹31 L | Trimmed |
| Divi's Laboratories Limited | 6.13% | up 0.07 pts | ₹7.8 Cr | up ₹33 L | Added |
| ICICI Bank Limited | 5.91% | down 0.30 pts | ₹7.6 Cr | down ₹14 L | Trimmed |
| Infosys Limited | 5.89% | up 0.34 pts | ₹7.5 Cr | up ₹65 L | Added |
| Larsen & Toubro Limited | 5.36% | down 0.14 pts | ₹6.9 Cr | up ₹3 L | Held |
| Shoppers Stop Limited | 4.63% | down 0.08 pts | ₹5.9 Cr | up ₹8 L | Added |
| Bharat Forge Limited | 4.48% | up 0.20 pts | ₹5.7 Cr | up ₹42 L | Added |
| Zydus Lifesciences Limited | 4.42% | up 0.08 pts | ₹5.7 Cr | up ₹27 L | Added |
| Cyient Limited | 4.29% | down 0.40 pts | ₹5.5 Cr | down ₹33 L | Trimmed |
| Hindustan Media Ventures Ltd | 3.29% | up 0.34 pts | ₹4.2 Cr | up ₹56 L | Added |
| The Federal Bank Limited | 3.18% | down 0.40 pts | ₹4.1 Cr | down ₹37 L | Trimmed |
| Axis Bank Limited | 2.24% | down 0.01 pts | ₹2.9 Cr | up ₹7 L | Added |
| Wipro Limited | 2.23% | up 0.02 pts | ₹2.9 Cr | up ₹12 L | Added |
| Max Financial Services Limited | 2.14% | up 0.20 pts | ₹2.7 Cr | up ₹33 L | Added |
| Tata Motors Limited | 1.74% | down 0.29 pts | ₹2.2 Cr | down ₹29 L | Trimmed |
| Cash, TREPS & receivables | 1.28% | down 0.73 pts | ₹1.6 Cr | down ₹85 L | Trimmed |
| Reliance Power Limited | 1.28% | down 0.11 pts | ₹1.6 Cr | down ₹8 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.24% | down 0.19 pts | ₹1.6 Cr | down ₹19 L | Trimmed |
What changed, Jun 2015 to Jul 2015
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Abbott India Limitedup ₹1.1 Cr (+0.65% pts)
- GE Power India Limitedup ₹1.1 Cr (+0.64% pts)
- Cummins India Limitedup ₹87 L (+0.49% pts)
- Infosys Limitedup ₹65 L (+0.34% pts)
- Hindustan Media Ventures Ltdup ₹56 L (+0.34% 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 Jun 2015, the weight rose most in Pharmaceuticals & Biotechnology (+0.7 pts) and Industrial Products (+0.6 pts), and fell most in Banks (−0.9 pts) and Electrical Equipment (−0.5 pts).
- Pharmaceuticals & Biotechnology16.6% → 17.3%+0.7 pts
- Industrial Products10.7% → 11.3%+0.6 pts
- Industrial Capital Goods6.1% → 6.7%+0.6 pts
- Media & Entertainment3.0% → 3.3%+0.3 pts
- IT - Software7.9% → 8.2%+0.3 pts
- Insurance2.0% → 2.2%+0.2 pts
- Banks26.7% → 25.8%−0.9 pts
- Electrical Equipment6.9% → 6.4%−0.5 pts
- IT - Services4.8% → 4.3%−0.4 pts
- Automobiles2.1% → 1.8%−0.3 pts
- Ferrous Metals1.5% → 1.3%−0.2 pts
- Construction5.6% → 5.4%−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 | Jul 2014 | Jan 2015 | Apr 2015 | Jun 2015 | Jul 2015 |
|---|---|---|---|---|---|
| Banks | 15.0% | 24.2% | 25.3% | 26.7% | 25.8% |
| Pharmaceuticals & Biotechnology | 16.0% | 17.8% | 15.8% | 16.6% | 17.3% |
| Industrial Products | 14.3% | 12.9% | 12.2% | 10.7% | 11.3% |
| IT - Software | 5.4% | 5.7% | 7.7% | 7.9% | 8.2% |
| Industrial Capital Goods | 4.8% | 5.5% | 6.0% | 6.1% | 6.7% |
| Electrical Equipment | 11.2% | 8.1% | 7.3% | 6.9% | 6.4% |
| Construction | 5.1% | 5.1% | 5.1% | 5.6% | 5.4% |
| Retailing | 5.1% | 5.3% | 4.2% | 4.8% | 4.7% |
| IT - Services | 4.9% | 6.0% | 5.7% | 4.8% | 4.3% |
| Media & Entertainment | 4.1% | 3.2% | 3.2% | 3.0% | 3.3% |
Allocation in Jul 2015change vs Jun 2015
- Banks (5)25.8%▼ 0.9 pts
- Pharmaceuticals & Biotechnology (3)17.3%▲ 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.
Cash & debt, Jul 2015
1.3%
▼ 0.7 pts vs Jun 2015
- Cash alone
- 1.3%
- cash and net receivables
- A year earlier
- 5.2%
- Jul 2014 · now ▼ 3.9 pts
- Last 12 months
- 1.3% – 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.