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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
₹117 Cr
down ₹66 L vs Nov 2015
- Stocks held
- 21
- unchanged
Reliance Equity Linked Saving Fund - Series I is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In December 2015 it disclosed 21 stocks worth ₹117 Cr, down ₹66 L from Nov 2015. Its largest positions were HDFC Bank Limited (8.3%), Divi's Laboratories Limited (7.4%), TD Power Systems Limited (7.1%); the ten largest together made up 63.4% of the portfolio, and Banks was the biggest sector at 29.7% of its equity. Cash and debt stood at 2.3%. Compared with Nov 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
45%
Holds more cash than 45% of peers
Holdings in December 2015
Download CSVEvery line the fund disclosed, with the change against Nov 2015. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 8.30% | up 0.08 pts | ₹9.7 Cr | up ₹4 L | Held |
| Divi's Laboratories Limited | 7.44% | up 0.07 pts | ₹8.7 Cr | up ₹3 L | Held |
| TD Power Systems Limited | 7.10% | up 0.64 pts | ₹8.3 Cr | up ₹71 L | Added |
| Infosys Limited | 6.60% | up 0.14 pts | ₹7.7 Cr | up ₹12 L | Added |
| Axis Bank Limited | 6.51% | down 0.25 pts | ₹7.6 Cr | down ₹34 L | Trimmed |
| GE Power India Limited | 6.02% | up 0.98 pts | ₹7.1 Cr | up ₹1.1 Cr | Added |
| State Bank of India | 5.74% | down 0.62 pts | ₹6.7 Cr | down ₹77 L | Trimmed |
| ICICI Bank Limited | 5.57% | down 0.25 pts | ₹6.5 Cr | down ₹34 L | Trimmed |
| Shoppers Stop Limited | 5.07% | up 0.16 pts | ₹5.9 Cr | up ₹15 L | Added |
| Abbott India Limited | 5.01% | up 0.69 pts | ₹5.9 Cr | up ₹78 L | Added |
| Cummins India Limited | 4.90% | down 2.31 pts | ₹5.7 Cr | down ₹2.8 Cr | Trimmed |
| Zydus Lifesciences Limited | 4.19% | down 0.91 pts | ₹4.9 Cr | down ₹1.1 Cr | Trimmed |
| Larsen & Toubro Limited | 4.16% | down 0.30 pts | ₹4.9 Cr | down ₹38 L | Trimmed |
| Cyient Limited | 4.12% | down 0.01 pts | ₹4.8 Cr | down ₹4 L | Trimmed |
| Bharat Forge Limited | 3.80% | up 0.20 pts | ₹4.5 Cr | up ₹21 L | Added |
| HCL Technologies Limited | 2.92% | down 0.04 pts | ₹3.4 Cr | down ₹6 L | Trimmed |
| The Federal Bank Limited | 2.86% | down 0.12 pts | ₹3.4 Cr | down ₹16 L | Trimmed |
| Cash, TREPS & receivables | 2.32% | up 1.84 pts | ₹2.7 Cr | up ₹2.2 Cr | Added |
| Max Financial Services Limited | 2.16% | down 0.07 pts | ₹2.5 Cr | down ₹10 L | Trimmed |
| Tata Motors Limited | 1.94% | down 0.15 pts | ₹2.3 Cr | down ₹19 L | Trimmed |
| Reliance Power Limited | 1.86% | up 0.15 pts | ₹2.2 Cr | up ₹16 L | Added |
| Indian Metals & Ferro Alloys Limited | 1.40% | up 0.10 pts | ₹1.6 Cr | up ₹11 L | Added |
What changed, Nov 2015 to Dec 2015
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- GE Power India Limitedup ₹1.1 Cr (+0.98% pts)
- Abbott India Limitedup ₹78 L (+0.69% pts)
- TD Power Systems Limitedup ₹71 L (+0.64% pts)
- Bharat Forge Limitedup ₹21 L (+0.20% pts)
- Reliance Power Limitedup ₹16 L (+0.15% 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 Nov 2015, the weight rose most in Industrial Capital Goods (+1.1 pts) and Electrical Equipment (+0.8 pts), and fell most in Industrial Products (−2.0 pts) and Banks (−0.6 pts).
- Industrial Capital Goods5.1% → 6.2%+1.1 pts
- Electrical Equipment6.5% → 7.3%+0.8 pts
- IT - Software9.5% → 9.7%+0.3 pts
- Retailing4.9% → 5.2%+0.3 pts
- Power1.7% → 1.9%+0.2 pts
- Pharmaceuticals & Biotechnology16.9% → 17.0%+0.2 pts
- Industrial Products10.9% → 8.9%−2.0 pts
- Banks30.3% → 29.7%−0.6 pts
- Construction4.5% → 4.3%−0.2 pts
- Automobiles2.1% → 2.0%−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 | Dec 2012 | Dec 2014 | Jun 2015 | Sep 2015 | Nov 2015 | Dec 2015 |
|---|---|---|---|---|---|---|
| Banks | 9.5% | 22.7% | 26.7% | 25.8% | 30.3% | 29.7% |
| Pharmaceuticals & Biotechnology | 20.5% | 16.7% | 16.6% | 18.0% | 16.9% | 17.0% |
| IT - Software | 8.0% | 5.0% | 7.9% | 7.0% | 9.5% | 9.7% |
| Industrial Products | 13.0% | 11.9% | 10.7% | 12.1% | 10.9% | 8.9% |
| Electrical Equipment | — | 9.2% | 6.9% | 7.1% | 6.5% | 7.3% |
| Industrial Capital Goods | — | 4.9% | 6.1% | 5.5% | 5.1% | 6.2% |
| Retailing | — | 5.4% | 4.8% | 4.8% | 4.9% | 5.2% |
| Construction | — | 4.3% | 5.6% | 4.9% | 4.5% | 4.3% |
| IT - Services | 1.8% | 5.6% | 4.8% | 4.9% | 4.2% | 4.2% |
| Insurance | — | — | 2.0% | 2.2% | 2.2% | 2.2% |
Allocation in Dec 2015change vs Nov 2015
- Banks (5)29.7%▼ 0.6 pts
- Pharmaceuticals & Biotechnology (3)17.0%▲ 0.2 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, Dec 2015
2.3%
▲ 1.8 pts vs Nov 2015
- Cash alone
- 2.3%
- cash and net receivables
- A year earlier
- 1.8%
- Dec 2014 · now ▲ 0.5 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.