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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
₹135 Cr
up ₹4.3 Cr vs Nov 2017
- Stocks held
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 2017 it disclosed 20 stocks worth ₹135 Cr, up ₹4.3 Cr from Nov 2017. Its largest positions were State Bank of India (6.7%), SIS Limited (6.5%), HCL Technologies Limited (6.3%); the ten largest together made up 59.6% of the portfolio, and Banks was the biggest sector at 26.1% of its equity. Cash and debt stood at 7.8%. Compared with Nov 2017 the fund entered 0 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
96%
Top-10 weight is higher than 96% 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 December 2017
Download CSVEvery line the fund disclosed, with the change against Nov 2017. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cash, TREPS & receivables | 7.79% | down 0.55 pts | ₹10.5 Cr | down ₹38 L | Trimmed |
| State Bank of India | 6.71% | down 0.45 pts | ₹9.1 Cr | down ₹31 L | Trimmed |
| SIS Limited | 6.54% | up 0.21 pts | ₹8.8 Cr | up ₹55 L | Added |
| HCL Technologies Limited | 6.32% | up 0.10 pts | ₹8.6 Cr | up ₹41 L | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 6.21% | up 0.78 pts | ₹8.4 Cr | up ₹1.3 Cr | Added |
| Shoppers Stop Limited | 6.07% | down 0.07 pts | ₹8.2 Cr | up ₹17 L | Added |
| ICICI Bank Limited | 5.75% | down 0.07 pts | ₹7.8 Cr | up ₹16 L | Added |
| Larsen & Toubro Limited | 5.72% | up 0.01 pts | ₹7.7 Cr | up ₹26 L | Added |
| GE Power India Limited | 5.50% | up 0.26 pts | ₹7.4 Cr | up ₹58 L | Added |
| Bharat Forge Limited | 5.41% | up 0.11 pts | ₹7.3 Cr | up ₹38 L | Added |
| HDFC Bank Limited | 5.40% | down 0.12 pts | ₹7.3 Cr | up ₹7 L | Added |
| Infosys Limited | 4.15% | down 0.32 pts | ₹5.6 Cr | down ₹25 L | Trimmed |
| ITC Limited | 3.89% | down 0.02 pts | ₹5.3 Cr | up ₹14 L | Added |
| Cummins India Limited | 3.72% | up 0.02 pts | ₹5 Cr | up ₹19 L | Added |
| The Federal Bank Limited | 3.21% | down 0.17 pts | ₹4.3 Cr | down ₹9 L | Trimmed |
| Amara Raja Batteries Limited | 3.11% | up 0.06 pts | ₹4.2 Cr | up ₹21 L | Added |
| Max Financial Services Limited | 3.07% | up 0.14 pts | ₹4.1 Cr | up ₹31 L | Added |
| TD Power Systems Limited | 3.02% | down <0.01 pts | ₹4.1 Cr | up ₹13 L | Added |
| Axis Bank Limited | 3.00% | up 0.06 pts | ₹4.1 Cr | up ₹21 L | Added |
| Divi's Laboratories Limited | 2.89% | up 0.06 pts | ₹3.9 Cr | up ₹20 L | Added |
| Housing Development Finance Corporation Limited | 2.53% | down 0.03 pts | ₹3.4 Cr | up ₹7 L | Added |
What changed, Nov 2017 to Dec 2017
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Vesuvius India Limitedup ₹1.3 Cr (+0.78% pts)
- GE Power India Limitedup ₹58 L (+0.26% pts)
- SIS Limitedup ₹55 L (+0.21% pts)
- HCL Technologies Limitedup ₹41 L (+0.10% pts)
- Bharat Forge Limitedup ₹38 L (+0.11% 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 2017, the weight rose most in Industrial Products (+0.9 pts) and Industrial Capital Goods (+0.3 pts), and fell most in Banks (−1.0 pts) and IT - Software (−0.3 pts).
- Industrial Products15.7% → 16.6%+0.9 pts
- Industrial Capital Goods5.7% → 6.0%+0.3 pts
- Commercial Services6.9% → 7.1%+0.2 pts
- Insurance3.2% → 3.3%+0.1 pts
- Banks27.1% → 26.1%−1.0 pts
- IT - Software11.7% → 11.4%−0.3 pts
- Retailing6.7% → 6.6%−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 2014 | Dec 2016 | Jun 2017 | Sep 2017 | Nov 2017 | Dec 2017 |
|---|---|---|---|---|---|---|
| Banks | 22.7% | 29.0% | 29.0% | 28.0% | 27.1% | 26.1% |
| Industrial Products | 11.9% | 15.1% | 15.0% | 16.8% | 15.7% | 16.6% |
| IT - Software | 5.0% | 8.2% | 11.7% | 12.2% | 11.7% | 11.4% |
| Commercial Services | — | — | — | 5.2% | 6.9% | 7.1% |
| Retailing | 5.4% | 4.1% | 4.1% | 6.3% | 6.7% | 6.6% |
| Construction | 4.3% | 4.1% | 5.6% | 4.1% | 6.2% | 6.2% |
| Industrial Capital Goods | 4.9% | 4.7% | 5.2% | 6.1% | 5.7% | 6.0% |
| Diversified FMCG | — | 3.1% | 6.7% | 4.6% | 4.3% | 4.2% |
| Auto Components | — | — | — | 3.1% | 3.3% | 3.4% |
| Insurance | — | 4.5% | 1.8% | 1.8% | 3.2% | 3.3% |
Allocation in Dec 2017change vs Nov 2017
- Banks (5)26.1%▼ 1.0 pts
- Industrial Products (3)16.6%▲ 0.9 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. More on reading cash.
Cash & debt, Dec 2017
7.8%
▼ 0.5 pts vs Nov 2017
- Cash alone
- 7.8%
- cash and net receivables
- A year earlier
- 2.4%
- Dec 2016 · now ▲ 5.3 pts
- Last 12 months
- 1.8% – 9.4%
- 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.