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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
₹118 Cr
down ₹2.8 Cr vs Oct 2015
- Stocks held
- 21
- 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 November 2015 it disclosed 21 stocks worth ₹118 Cr, down ₹2.8 Cr from Oct 2015. Its largest positions were HDFC Bank Limited (8.2%), Divi's Laboratories Limited (7.4%), Cummins India Limited (7.2%); the ten largest together made up 64.8% of the portfolio, and Banks was the biggest sector at 30.3% of its equity. Cash and debt stood at 0.5%. Compared with Oct 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
4%
Holds more cash than 4% of peers
Holdings in November 2015
Download CSVEvery line the fund disclosed, with the change against Oct 2015. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 8.22% | up 0.03 pts | ₹9.7 Cr | down ₹20 L | Trimmed |
| Divi's Laboratories Limited | 7.37% | down 0.27 pts | ₹8.7 Cr | down ₹53 L | Trimmed |
| Cummins India Limited | 7.21% | down 0.41 pts | ₹8.5 Cr | down ₹71 L | Trimmed |
| Axis Bank Limited | 6.76% | up 0.07 pts | ₹8 Cr | down ₹11 L | Trimmed |
| TD Power Systems Limited | 6.46% | up 0.48 pts | ₹7.6 Cr | up ₹40 L | Added |
| Infosys Limited | 6.45% | down 0.12 pts | ₹7.6 Cr | down ₹33 L | Trimmed |
| State Bank of India | 6.36% | up 0.48 pts | ₹7.5 Cr | up ₹39 L | Added |
| ICICI Bank Limited | 5.82% | up 0.09 pts | ₹6.9 Cr | down ₹6 L | Trimmed |
| Zydus Lifesciences Limited | 5.10% | down 0.08 pts | ₹6 Cr | down ₹24 L | Trimmed |
| GE Power India Limited | 5.04% | down 0.20 pts | ₹5.9 Cr | down ₹38 L | Trimmed |
| Shoppers Stop Limited | 4.91% | up 0.19 pts | ₹5.8 Cr | up ₹9 L | Added |
| Larsen & Toubro Limited | 4.46% | down 0.01 pts | ₹5.3 Cr | down ₹14 L | Trimmed |
| Abbott India Limited | 4.33% | down 0.19 pts | ₹5.1 Cr | down ₹36 L | Trimmed |
| Cyient Limited | 4.13% | down 0.34 pts | ₹4.9 Cr | down ₹53 L | Trimmed |
| Bharat Forge Limited | 3.60% | up 0.05 pts | ₹4.3 Cr | down ₹4 L | Trimmed |
| The Federal Bank Limited | 2.99% | up 0.29 pts | ₹3.5 Cr | up ₹27 L | Added |
| HCL Technologies Limited | 2.95% | up 0.07 pts | ₹3.5 Cr | down ₹0 L | Held |
| Max Financial Services Limited | 2.24% | up 0.05 pts | ₹2.6 Cr | down ₹1 L | Held |
| Tata Motors Limited | 2.08% | up 0.23 pts | ₹2.5 Cr | up ₹22 L | Added |
| Reliance Power Limited | 1.71% | up 0.11 pts | ₹2 Cr | up ₹8 L | Added |
| Indian Metals & Ferro Alloys Limited | 1.30% | up 0.10 pts | ₹1.5 Cr | up ₹8 L | Added |
| Cash, TREPS & receivables | 0.48% | down 0.60 pts | ₹57 L | down ₹73 L | Trimmed |
What changed, Oct 2015 to Nov 2015
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- TD Power Systems Limitedup ₹40 L (+0.48% pts)
- State Bank of Indiaup ₹39 L (+0.48% pts)
- The Federal Bank Limitedup ₹27 L (+0.29% pts)
- Tata Motors Limitedup ₹22 L (+0.23% pts)
- Shoppers Stop Limitedup ₹9 L (+0.19% 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 Oct 2015, the weight rose most in Banks (+0.8 pts) and Electrical Equipment (+0.4 pts), and fell most in Pharmaceuticals & Biotechnology (−0.6 pts) and Industrial Products (−0.4 pts).
- Banks29.5% → 30.3%+0.8 pts
- Electrical Equipment6.0% → 6.5%+0.4 pts
- Automobiles1.9% → 2.1%+0.2 pts
- Retailing4.8% → 4.9%+0.2 pts
- Pharmaceuticals & Biotechnology17.5% → 16.9%−0.6 pts
- Industrial Products11.3% → 10.9%−0.4 pts
- IT - Services4.5% → 4.2%−0.4 pts
- Industrial Capital Goods5.3% → 5.1%−0.2 pts
- IT - Software9.6% → 9.5%−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 | Nov 2012 | Nov 2014 | May 2015 | Aug 2015 | Oct 2015 | Nov 2015 |
|---|---|---|---|---|---|---|
| Banks | 10.8% | 22.9% | 26.5% | 24.7% | 29.5% | 30.3% |
| Pharmaceuticals & Biotechnology | 19.3% | 16.0% | 16.5% | 20.0% | 17.5% | 16.9% |
| Industrial Products | 11.6% | 12.6% | 11.3% | 12.6% | 11.3% | 10.9% |
| IT - Software | 11.3% | 5.4% | 8.0% | 6.3% | 9.6% | 9.5% |
| Electrical Equipment | — | 8.8% | 6.9% | 6.6% | 6.0% | 6.5% |
| Industrial Capital Goods | — | 4.5% | 6.0% | 5.7% | 5.3% | 5.1% |
| Retailing | — | 5.3% | 4.8% | 4.7% | 4.8% | 4.9% |
| Construction | — | 4.7% | 5.1% | 5.1% | 4.5% | 4.5% |
| IT - Services | 1.7% | 5.6% | 4.5% | 4.9% | 4.5% | 4.2% |
| Insurance | 1.8% | — | 1.9% | 2.1% | 2.2% | 2.2% |
Allocation in Nov 2015change vs Oct 2015
- Banks (5)30.3%▲ 0.8 pts
- Pharmaceuticals & Biotechnology (3)16.9%▼ 0.6 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, Nov 2015
0.5%
▼ 0.6 pts vs Oct 2015
- Cash alone
- 0.5%
- cash and net receivables
- A year earlier
- 2.7%
- Nov 2014 · now ▼ 2.2 pts
- Last 12 months
- 0.5% – 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.