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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
₹104 Cr
up ₹7.9 Cr vs Feb 2016
- Stocks held
- 23
- 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 March 2016 it disclosed 23 stocks worth ₹104 Cr, up ₹7.9 Cr from Feb 2016. Its largest positions were HDFC Bank Limited (9.3%), Axis Bank Limited (7.3%), Divi's Laboratories Limited (7.2%); the ten largest together made up 63.4% of the portfolio, and Banks was the biggest sector at 30.9% of its equity. Cash and debt stood at 1.1%. Compared with Feb 2016 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
11%
Holds more cash than 11% of peers
Holdings in March 2016
Download CSVEvery line the fund disclosed, with the change against Feb 2016. Click a column to sort; click a company to see every fund that owns it.
| HDFC Bank Limited | 9.30% | up 0.16 pts | ₹9.6 Cr | up ₹89 L | Added |
| Axis Bank Limited | 7.28% | up 0.61 pts | ₹7.6 Cr | up ₹1.2 Cr | Added |
| Divi's Laboratories Limited | 7.20% | down 0.31 pts | ₹7.5 Cr | up ₹28 L | Added |
| TD Power Systems Limited | 6.58% | up 0.92 pts | ₹6.8 Cr | up ₹1.4 Cr | Added |
| GE Power India Limited | 5.99% | down 0.01 pts | ₹6.2 Cr | up ₹46 L | Added |
| Infosys Limited | 5.88% | down 2.05 pts | ₹6.1 Cr | down ₹1.5 Cr | Trimmed |
| ICICI Bank Limited | 5.71% | up 0.74 pts | ₹5.9 Cr | up ₹1.2 Cr | Added |
| State Bank of India | 5.62% | up 0.65 pts | ₹5.8 Cr | up ₹1.1 Cr | Added |
| Shoppers Stop Limited | 5.14% | down 0.11 pts | ₹5.3 Cr | up ₹30 L | Added |
| HCL Technologies Limited | 4.71% | up 1.31 pts | ₹4.9 Cr | up ₹1.6 Cr | Added |
| Cummins India Limited | 4.53% | down 0.19 pts | ₹4.7 Cr | up ₹18 L | Added |
| Larsen & Toubro Limited | 4.50% | up 0.19 pts | ₹4.7 Cr | up ₹54 L | Added |
| Zydus Lifesciences Limited | 4.28% | down 0.32 pts | ₹4.4 Cr | up ₹3 L | Added |
| Bharat Forge Limited | 4.21% | up 0.31 pts | ₹4.4 Cr | up ₹63 L | Added |
| Cyient Limited | 4.15% | down 0.30 pts | ₹4.3 Cr | up ₹5 L | Added |
| Abbott India Limited | 3.69% | down 1.20 pts | ₹3.8 Cr | down ₹86 L | Trimmed |
| The Federal Bank Limited | 2.69% | down 0.21 pts | ₹2.8 Cr | up ₹1 L | Held |
| Tata Motors Limited | 2.16% | up 0.35 pts | ₹2.2 Cr | up ₹50 L | Added |
| Reliance Power Limited | 1.83% | up 0.04 pts | ₹1.9 Cr | up ₹19 L | Added |
| Max Financial Services Limited | 1.66% | down 0.10 pts | ₹1.7 Cr | up ₹4 L | Added |
| Indian Metals & Ferro Alloys Limited | 1.17% | down 0.08 pts | ₹1.2 Cr | up ₹1 L | Added |
| Cash, TREPS & receivables | 1.11% | down 0.36 pts | ₹1.2 Cr | down ₹25 L | Trimmed |
| Max India Limited | 0.53% | down 0.04 pts | ₹55 L | — | Held |
| Max Ventures and Industries Limited | 0.06% | down 0.01 pts | ₹6 L | — | Held |
What changed, Feb 2016 to Mar 2016
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- HCL Technologies Limitedup ₹1.6 Cr (+1.31% pts)
- TD Power Systems Limitedup ₹1.4 Cr (+0.92% pts)
- ICICI Bank Limitedup ₹1.2 Cr (+0.74% pts)
- Axis Bank Limitedup ₹1.2 Cr (+0.61% pts)
- State Bank of Indiaup ₹1.1 Cr (+0.65% 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 Feb 2016, the weight rose most in Banks (+1.9 pts) and Electrical Equipment (+0.9 pts), and fell most in Pharmaceuticals & Biotechnology (−1.9 pts) and IT - Software (−0.8 pts).
- Banks29.1% → 30.9%+1.9 pts
- Electrical Equipment5.7% → 6.7%+0.9 pts
- Automobiles1.8% → 2.2%+0.3 pts
- Construction4.4% → 4.5%+0.2 pts
- Pharmaceuticals & Biotechnology17.3% → 15.3%−1.9 pts
- IT - Software11.5% → 10.7%−0.8 pts
- IT - Services4.5% → 4.2%−0.3 pts
- Retailing5.3% → 5.2%−0.1 pts
- Insurance1.8% → 1.7%−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 | Mar 2013 | Mar 2015 | Sep 2015 | Dec 2015 | Feb 2016 | Mar 2016 |
|---|---|---|---|---|---|---|
| Banks | 11.7% | 24.1% | 25.8% | 29.7% | 29.1% | 30.9% |
| Pharmaceuticals & Biotechnology | 13.1% | 15.5% | 18.0% | 17.0% | 17.3% | 15.3% |
| IT - Software | 10.3% | 8.5% | 7.0% | 9.7% | 11.5% | 10.7% |
| Industrial Products | 12.7% | 12.9% | 12.1% | 8.9% | 8.7% | 8.8% |
| Electrical Equipment | — | 7.6% | 7.1% | 7.3% | 5.7% | 6.7% |
| Industrial Capital Goods | — | 5.8% | 5.5% | 6.2% | 6.1% | 6.1% |
| Retailing | — | 4.7% | 4.8% | 5.2% | 5.3% | 5.2% |
| Construction | — | 5.1% | 4.9% | 4.3% | 4.4% | 4.5% |
| IT - Services | 1.9% | 5.7% | 4.9% | 4.2% | 4.5% | 4.2% |
| Automobiles | 6.6% | 2.4% | 1.5% | 2.0% | 1.8% | 2.2% |
Allocation in Mar 2016change vs Feb 2016
- Banks (5)30.9%▲ 1.9 pts
- Pharmaceuticals & Biotechnology (3)15.3%▼ 1.9 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, Mar 2016
1.1%
▼ 0.4 pts vs Feb 2016
- Cash alone
- 1.1%
- cash and net receivables
- A year earlier
- 1.7%
- Mar 2015 · now ▼ 0.5 pts
- Last 12 months
- 0.5% – 6.1%
- 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.