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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
up ₹5.4 Cr vs Jan 2017
- Stocks held
- 23
Reliance Equity Linked Saving Fund - Series I is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In February 2017 it disclosed 23 stocks worth ₹117 Cr, up ₹5.4 Cr from Jan 2017. Its largest positions were State Bank of India (7.7%), Vesuvius India Limited (6.2%), HDFC Bank Limited (6.1%); the ten largest together made up 53.6% of the portfolio, and Banks was the biggest sector at 31.8% of its equity. Cash and debt stood at 6.6%. Compared with Jan 2017 the fund entered 0 new stocks and exited 1.
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
94%
Holds more cash than 94% of peers
What these mean: concentration · cash
Holdings in February 2017
Download CSVEvery line the fund disclosed, with the change against Jan 2017. 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 | 7.72% | down 0.11 pts | ₹9 Cr | up ₹30 L | Added |
| Cash, TREPS & receivables | 6.65% | up 4.84 pts | ₹7.8 Cr | up ₹5.8 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 6.24% | down 0.20 pts | ₹7.3 Cr | up ₹11 L | Added |
| HDFC Bank Limited | 6.07% | up 0.18 pts | ₹7.1 Cr | up ₹53 L | Added |
| ICICI Bank Limited | 5.32% | down 0.11 pts | ₹6.2 Cr | up ₹17 L | Added |
| Zydus Lifesciences Limited | 5.28% | up 0.87 pts | ₹6.2 Cr | up ₹1.3 Cr | Added |
| GE Power India Limited | 5.27% | down 0.05 pts | ₹6.2 Cr | up ₹23 L | Added |
| Bharat Forge Limited | 4.51% | up 0.33 pts | ₹5.3 Cr | up ₹61 L | Added |
| The Federal Bank Limited | 4.49% | up 0.39 pts | ₹5.2 Cr | up ₹68 L | Added |
| TD Power Systems Limited | 4.39% | down 0.84 pts | ₹5.1 Cr | down ₹70 L | Trimmed |
| HCL Technologies Limited | 4.32% | down 0.05 pts | ₹5 Cr | up ₹17 L | Added |
| Cummins India Limited | 4.24% | up 0.04 pts | ₹5 Cr | up ₹27 L | Added |
| Shoppers Stop Limited | 4.11% | up 0.31 pts | ₹4.8 Cr | up ₹57 L | Added |
| Max Financial Services Limited | 4.10% | down 0.21 pts | ₹4.8 Cr | down ₹1 L | Held |
| Larsen & Toubro Limited | 3.94% | down 0.13 pts | ₹4.6 Cr | up ₹7 L | Added |
| Yes Bank Limited | 3.73% | down 0.03 pts | ₹4.4 Cr | up ₹17 L | Added |
| Indian Metals & Ferro Alloys Limited | 3.48% | down 3.06 pts | ₹4.1 Cr | down ₹3.2 Cr | Trimmed |
| Reliance Industries Limited | 3.16% | up 0.36 pts | ₹3.7 Cr | up ₹58 L | Added |
| Infosys Limited | 3.03% | up 0.12 pts | ₹3.5 Cr | up ₹29 L | Added |
| ITC Limited | 3.03% | down 0.10 pts | ₹3.5 Cr | up ₹6 L | Added |
| Axis Bank Limited | 2.39% | up 0.08 pts | ₹2.8 Cr | up ₹22 L | Added |
| Divi's Laboratories Limited | 2.32% | up 0.08 pts | ₹2.7 Cr | up ₹21 L | Added |
| Reliance Power Limited | 1.56% | up 0.02 pts | ₹1.8 Cr | up ₹10 L | Added |
| Max India Limited | 0.64% | up 0.01 pts | ₹74 L | up ₹4 L | Added |
What changed, Jan 2017 to Feb 2017
New New positions (0)
None.
Exited Exited (1)
- Tata Motors Limitedwas 2.7% · ₹3 Cr
Added Biggest additions
- Zydus Lifesciences Limitedup ₹1.3 Cr (+0.87% pts)
- The Federal Bank Limitedup ₹68 L (+0.39% pts)
- Bharat Forge Limitedup ₹61 L (+0.33% pts)
- Reliance Industries Limitedup ₹58 L (+0.36% 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 Jan 2017, the weight rose most in Banks (+2.0 pts) and Pharmaceuticals & Biotechnology (+1.4 pts), and fell most in Ferrous Metals (−2.9 pts) and Automobiles (−2.8 pts).
- Banks29.9% → 31.8%+2.0 pts
- Pharmaceuticals & Biotechnology6.8% → 8.1%+1.4 pts
- Industrial Products15.1% → 16.1%+1.0 pts
- Retailing3.9% → 4.4%+0.5 pts
- Petroleum Products2.9% → 3.4%+0.5 pts
- IT - Software7.4% → 7.9%+0.5 pts
- Ferrous Metals6.7% → 3.7%−2.9 pts
- Automobiles2.8% → 0.0%exited−2.8 pts
- Electrical Equipment5.3% → 4.7%−0.6 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 | Feb 2014 | Feb 2016 | Aug 2016 | Nov 2016 | Jan 2017 | Feb 2017 |
|---|---|---|---|---|---|---|
| Banks | 9.5% | 29.1% | 32.9% | 29.9% | 29.9% | 31.8% |
| Industrial Products | 12.0% | 8.7% | 8.5% | 14.7% | 15.1% | 16.1% |
| Pharmaceuticals & Biotechnology | 17.5% | 17.3% | 12.7% | 9.4% | 6.8% | 8.1% |
| IT - Software | 7.0% | 11.5% | 7.5% | 7.9% | 7.4% | 7.9% |
| Industrial Capital Goods | 3.4% | 6.1% | 5.7% | 4.6% | 5.4% | 5.6% |
| Electrical Equipment | 7.5% | 5.7% | 5.7% | 5.5% | 5.3% | 4.7% |
| Retailing | 10.6% | 5.3% | 5.2% | 4.2% | 3.9% | 4.4% |
| Insurance | — | 1.8% | 4.5% | 4.4% | 4.4% | 4.4% |
| Construction | 2.7% | 4.4% | 4.3% | 4.2% | 4.1% | 4.2% |
| Ferrous Metals | 2.1% | 1.3% | 1.6% | 4.6% | 6.7% | 3.7% |
Allocation in Feb 2017change vs Jan 2017
- Banks (6)31.8%▲ 2.0 pts
- Industrial Products (3)16.1%
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, Feb 2017
6.6%
▲ 4.8 pts vs Jan 2017
- Cash alone
- 6.7%
- cash and net receivables
- A year earlier
- 1.5%
- Feb 2016 · now ▲ 5.2 pts
- Last 12 months
- 0.4% – 6.6%
- 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.