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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
₹107 Cr
down ₹6.9 Cr vs Oct 2016
- Stocks held
- 24
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 2016 it disclosed 24 stocks worth ₹107 Cr, down ₹6.9 Cr from Oct 2016. Its largest positions were State Bank of India (8.1%), Vesuvius India Limited (5.9%), HDFC Bank Limited (5.7%); the ten largest together made up 53.6% of the portfolio, and Banks was the biggest sector at 29.9% of its equity. Cash and debt stood at 3.0%. Compared with Oct 2016 the fund entered 0 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
91%
Top-10 weight is higher than 91% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
60%
Holds more cash than 60% of peers
What these mean: concentration · cash
Holdings in November 2016
Download CSVEvery line the fund disclosed, with the change against Oct 2016. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| State Bank of India | 8.07% | up 0.50 pts | ₹8.7 Cr | up ₹1 L | Held |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 5.94% | down 0.18 pts | ₹6.4 Cr | down ₹62 L | Trimmed |
| HDFC Bank Limited | 5.70% | up 0.08 pts | ₹6.1 Cr | down ₹30 L | Trimmed |
| ICICI Bank Limited | 5.57% | up 0.12 pts | ₹6 Cr | down ₹25 L | Trimmed |
| TD Power Systems Limited | 5.33% | down 0.21 pts | ₹5.7 Cr | down ₹61 L | Trimmed |
| Zydus Lifesciences Limited | 5.24% | up 0.06 pts | ₹5.6 Cr | down ₹30 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 4.51% | up 0.70 pts | ₹4.8 Cr | up ₹49 L | Added |
| HCL Technologies Limited | 4.50% | up 0.49 pts | ₹4.8 Cr | up ₹24 L | Added |
| GE Power India Limited | 4.47% | down 0.12 pts | ₹4.8 Cr | down ₹45 L | Trimmed |
| Max Financial Services Limited | 4.23% | up 0.04 pts | ₹4.5 Cr | down ₹24 L | Trimmed |
| Bharat Forge Limited | 4.21% | up 0.34 pts | ₹4.5 Cr | up ₹9 L | Added |
| Cummins India Limited | 4.10% | down 0.04 pts | ₹4.4 Cr | down ₹34 L | Trimmed |
| Larsen & Toubro Limited | 4.04% | down 0.02 pts | ₹4.3 Cr | down ₹31 L | Trimmed |
| Shoppers Stop Limited | 4.03% | down 0.70 pts | ₹4.3 Cr | down ₹1.1 Cr | Trimmed |
| The Federal Bank Limited | 3.96% | down 0.34 pts | ₹4.2 Cr | down ₹67 L | Trimmed |
| Divi's Laboratories Limited | 3.90% | down 0.09 pts | ₹4.2 Cr | down ₹38 L | Trimmed |
| Yes Bank Limited | 3.28% | down 0.06 pts | ₹3.5 Cr | down ₹30 L | Trimmed |
| Infosys Limited | 3.18% | up 0.13 pts | ₹3.4 Cr | down ₹8 L | Trimmed |
| Cash, TREPS & receivables | 2.97% | down 0.51 pts | ₹3.2 Cr | down ₹79 L | Trimmed |
| ITC Limited | 2.93% | up 0.05 pts | ₹3.1 Cr | down ₹14 L | Trimmed |
| Reliance Industries Limited | 2.76% | down <0.01 pts | ₹3 Cr | down ₹19 L | Trimmed |
| Tata Motors Limited | 2.49% | down 0.24 pts | ₹2.7 Cr | down ₹45 L | Trimmed |
| Axis Bank Limited | 2.41% | up 0.06 pts | ₹2.6 Cr | down ₹9 L | Trimmed |
| Reliance Power Limited | 1.50% | down 0.09 pts | ₹1.6 Cr | down ₹21 L | Trimmed |
| Max India Limited | 0.67% | up 0.07 pts | ₹72 L | up ₹3 L | Added |
What changed, Oct 2016 to Nov 2016
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Indian Metals & Ferro Alloys Limitedup ₹49 L (+0.70% pts)
- HCL Technologies Limitedup ₹24 L (+0.49% pts)
- Bharat Forge Limitedup ₹9 L (+0.34% pts)
- Max India Limitedup ₹3 L (+0.07% pts)
Trimmed Biggest reductions
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 2016, the weight rose most in Ferrous Metals (+0.7 pts) and IT - Software (+0.6 pts), and fell most in Retailing (−0.8 pts) and Automobiles (−0.3 pts).
- Ferrous Metals3.9% → 4.6%+0.7 pts
- IT - Software7.3% → 7.9%+0.6 pts
- Banks29.7% → 29.9%+0.2 pts
- Retailing4.9% → 4.2%−0.8 pts
- Automobiles2.8% → 2.6%−0.3 pts
- Electrical Equipment5.7% → 5.5%−0.2 pts
- Industrial Capital Goods4.8% → 4.6%−0.2 pts
- Power1.6% → 1.5%−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 2013 | Nov 2015 | May 2016 | Aug 2016 | Oct 2016 | Nov 2016 |
|---|---|---|---|---|---|---|
| Banks | 9.4% | 30.3% | 30.0% | 32.9% | 29.7% | 29.9% |
| Industrial Products | 10.2% | 10.9% | 8.0% | 8.5% | 14.7% | 14.7% |
| Pharmaceuticals & Biotechnology | 11.1% | 16.9% | 16.4% | 12.7% | 9.5% | 9.4% |
| IT - Software | 9.5% | 9.5% | 9.2% | 7.5% | 7.3% | 7.9% |
| Electrical Equipment | 5.7% | 6.5% | 6.9% | 5.7% | 5.7% | 5.5% |
| Ferrous Metals | 2.5% | 1.3% | 1.3% | 1.6% | 3.9% | 4.6% |
| Industrial Capital Goods | 3.8% | 5.1% | 6.1% | 5.7% | 4.8% | 4.6% |
| Insurance | — | 2.2% | 1.7% | 4.5% | 4.3% | 4.4% |
| Construction | 3.5% | 4.5% | 5.5% | 4.3% | 4.2% | 4.2% |
| Retailing | 6.9% | 4.9% | 5.0% | 5.2% | 4.9% | 4.2% |
Allocation in Nov 2016change vs Oct 2016
- Banks (6)29.9%▲ 0.2 pts
- Industrial Products (3)14.7%
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. More on reading cash.
Cash & debt, Nov 2016
3.0%
▼ 0.5 pts vs Oct 2016
- Cash alone
- 3.0%
- cash and net receivables
- A year earlier
- 0.5%
- Nov 2015 · now ▲ 2.5 pts
- Last 12 months
- 0.4% – 4.6%
- 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.