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Reliance Focused Equity Fund
Disclosed for 82 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE FOCUSED EQUITY FUND (An Open Ended Multi Cap Equity Scheme Investing In Maximum 30 Stocks)
Portfolio value
₹4,077 Cr
down ₹453 Cr vs Aug 2018
Reliance Focused Equity Fund is an active equity fund in the Multi Cap category from Nippon India Mutual Fund. In September 2018 it disclosed 31 stocks worth ₹4,077 Cr, down ₹453 Cr from Aug 2018. Its largest positions were State Bank of India (9.3%), HDFC Bank Limited (7.5%), ITC Limited (7.2%); the ten largest together made up 52.9% of the portfolio, and Banks was the biggest sector at 29.2% of its equity. Cash and debt stood at 6.0%. Compared with Aug 2018 the fund entered 3 new stocks and exited 1.
Against 33 other Multi Cap funds
Concentration
97%
Top-10 weight is higher than 97% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
70%
Holds more cash than 70% of peers
What these mean: concentration · cash
Holdings in September 2018
Download CSVEvery line the fund disclosed, with the change against Aug 2018. 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 | 9.26% | down 0.46 pts | ₹377 Cr | down ₹62.7 Cr | Trimmed |
| HDFC Bank Limited | 7.51% | up 0.57 pts | ₹306 Cr | down ₹8.4 Cr | Trimmed |
| ITC Limited | 7.24% | up 0.24 pts | ₹295 Cr | down ₹21.9 Cr | Trimmed |
| ICICI Bank Limited | 6.20% | up 0.32 pts | ₹253 Cr | down ₹13.5 Cr | Trimmed |
| Infosys Limited | 4.48% | up 0.50 pts | ₹183 Cr | up ₹2.4 Cr | Added |
| Tata Motors Limited | 4.14% | down 0.32 pts | ₹169 Cr | down ₹33.1 Cr | Trimmed |
| Indian Oil Corporation Limited | 3.90% | up 0.34 pts | ₹159 Cr | down ₹2.3 Cr | Trimmed |
| Samvardhana Motherson International Limited | 3.75% | up 1.43 pts | ₹153 Cr | up ₹47.8 Cr | Added |
| Cash, TREPS & receivables | 3.68% | up 0.80 pts | ₹150 Cr | up ₹19.6 Cr | Added |
| Larsen & Toubro Limited | 3.24% | up 0.10 pts | ₹132 Cr | down ₹10.1 Cr | Trimmed |
| Bharti Airtel Limited | 3.18% | down 0.06 pts | ₹130 Cr | down ₹17.4 Cr | Trimmed |
| Varun Beverages Limited | 2.73% | up 0.01 pts | ₹111 Cr | down ₹12.1 Cr | Trimmed |
| Bharat Financial Inclusion Limited | 2.59% | down 0.02 pts | ₹106 Cr | down ₹12.6 Cr | Trimmed |
| Muthoot Finance Limited | 2.59% | up 0.22 pts | ₹106 Cr | down ₹1.6 Cr | Trimmed |
| GAIL (India) Limited | 2.49% | down 1.71 pts | ₹102 Cr | down ₹88.6 Cr | Trimmed |
| GE Power India Limited | 2.49% | up 0.21 pts | ₹101 Cr | down ₹2 Cr | Trimmed |
| Honeywell Automation India Limited | 2.47% | up 0.07 pts | ₹101 Cr | down ₹8 Cr | Trimmed |
| SBI Life Insurance Company Limited | 2.46% | down 0.46 pts | ₹100 Cr | down ₹32.2 Cr | Trimmed |
| The Federal Bank Limited | 2.39% | down 0.08 pts | ₹97.6 Cr | down ₹14.4 Cr | Trimmed |
| Housing Development Finance Corporation Limited Money market | 2.37% | down 0.81 pts | ₹96.6 Cr | down ₹47.6 Cr | Trimmed |
| Maruti Suzuki India Limited | 2.37% | down 0.27 pts | ₹96.5 Cr | down ₹23 Cr | Trimmed |
| Tata Steel Limited | 2.35% | up 0.17 pts | ₹95.8 Cr | down ₹3.2 Cr | Trimmed |
| ICICI Securities Limited | 2.18% | down 0.09 pts | ₹89 Cr | down ₹14.1 Cr | Trimmed |
| Yes Bank Limited | 2.08% | down 1.42 pts | ₹84.8 Cr | down ₹73.8 Cr | Trimmed |
| The India Cements Limited | 1.81% | down 0.23 pts | ₹74 Cr | down ₹18.4 Cr | Trimmed |
| Max Financial Services Limited | 1.80% | up 0.02 pts | ₹73.5 Cr | down ₹7.2 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 1.76% | up 0.08 pts | ₹71.7 Cr | down ₹4.5 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.68% | up 0.16 pts | ₹68.6 Cr | down ₹18 L | Held |
| Thomas Cook (India) Limited | 1.51% | up 1.51 pts | ₹61.6 Cr | up ₹61.6 Cr | New |
| NCC Limited | 1.50% | down 0.32 pts | ₹61.1 Cr | down ₹21.5 Cr | Trimmed |
| Dixon Technologies (India) Limited | 1.14% | up 1.14 pts | ₹46.6 Cr | up ₹46.6 Cr | New |
| Info Edge (India) Limited | 0.63% | up 0.63 pts | ₹25.6 Cr | up ₹25.6 Cr | New |
| Chennai Super Kings Cricket Ltd | 0.00% | — | ₹0 L | — | Held |
What changed, Aug 2018 to Sep 2018
New New positions (3)
- Thomas Cook (India) Limited1.5% · ₹61.6 Cr
- Dixon Technologies (India) Limited1.1% · ₹46.6 Cr
- Info Edge (India) Limited0.6% · ₹25.6 Cr
Exited Exited (1)
- Siemens Limitedwas 1.2% · ₹54.6 Cr
Added Biggest additions
- Samvardhana Motherson International Limitedup ₹47.8 Cr (+1.43% pts)
- Infosys Limitedup ₹2.4 Cr (+0.50% 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 Aug 2018, the weight rose most in Leisure Services (+1.8 pts) and Auto Components (+1.5 pts), and fell most in Gas (−1.9 pts) and Banks (−1.5 pts).
- Leisure Services1.6% → 3.4%+1.8 pts
- Auto Components2.5% → 4.0%+1.5 pts
- Consumer Durables0.0% → 1.2%new+1.2 pts
- Retailing0.0% → 0.7%new+0.7 pts
- IT - Software4.3% → 4.8%+0.5 pts
- Petroleum Products3.8% → 4.2%+0.3 pts
- Gas4.5% → 2.7%−1.9 pts
- Banks30.7% → 29.2%−1.5 pts
- Electrical Equipment1.3% → 0.0%exited−1.3 pts
- Automobiles7.6% → 6.9%−0.7 pts
- Insurance5.1% → 4.5%−0.5 pts
- Construction5.3% → 5.0%−0.3 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 | Sep 2015 | Sep 2017 | Mar 2018 | Jun 2018 | Aug 2018 | Sep 2018 |
|---|---|---|---|---|---|---|
| Banks | 7.9% | 9.3% | 13.6% | 30.5% | 30.7% | 29.2% |
| Diversified FMCG | — | — | 0.4% | 6.1% | 7.5% | 7.7% |
| Finance | 12.9% | 8.9% | 12.0% | 8.7% | 7.2% | 7.4% |
| Automobiles | — | 1.9% | 4.4% | 8.7% | 7.6% | 6.9% |
| Construction | 3.1% | 2.5% | 4.1% | 5.5% | 5.3% | 5.0% |
| IT - Software | 3.3% | 1.7% | 1.4% | 4.2% | 4.3% | 4.8% |
| Insurance | — | 2.8% | 2.3% | 5.4% | 5.1% | 4.5% |
| Petroleum Products | 4.8% | 3.7% | 3.8% | 3.8% | 3.8% | 4.2% |
| Auto Components | 1.5% | 0.4% | 0.9% | — | 2.5% | 4.0% |
| Leisure Services | 2.2% | 3.6% | 2.3% | 1.7% | 1.6% | 3.4% |
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, Sep 2018
6.0%
▼ 1.1 pts vs Aug 2018
- Cash alone
- 3.7%
- cash and net receivables
- A year earlier
- 4.4%
- Sep 2017 · now ▲ 1.6 pts
- Last 12 months
- 2.9% – 11.6%
- lowest to highest · record 13.6% in Jul 2014
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.