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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
₹3,917 Cr
₹177 Cr vs Jul 2019
Reliance Focused Equity Fund is an active equity fund in the Multi Cap category from Nippon India Mutual Fund. In August 2019 it disclosed 30 stocks worth ₹3,917 Cr, down ₹177 Cr from Jul 2019. Its largest positions were ICICI Bank Limited (7.8%), HDFC Bank Limited (7.4%), ITC Limited (6.0%); the ten largest together made up 51.3% of the portfolio, and Banks was the biggest sector at 28.5% of its equity. Cash and debt stood at 5.7%. Compared with Jul 2019 the fund entered 2 new stocks and exited 2.
Against 33 other Multi Cap funds
Concentration
94%
Top-10 weight is higher than 94% of peers
Breadth
3%
Holds more stocks than 3% of peers
Cash
67%
Holds more cash than 67% of peers
What these mean: concentration · cash
Holdings in August 2019
Download CSVEvery line the fund disclosed, with the change against Jul 2019. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 7.82% | down 0.04 pts | ₹306 Cr | down ₹15.4 Cr | Trimmed |
| HDFC Bank Limited | 7.43% | up 0.25 pts | ₹291 Cr | down ₹3.1 Cr | Trimmed |
| ITC Limited | 6.03% | up 0.01 pts | ₹236 Cr | down ₹10.1 Cr | Trimmed |
| State Bank of India | 5.53% | down 4.13 pts | ₹217 Cr | down ₹179 Cr | Trimmed |
| GAIL (India) Limited | 5.15% | up 0.26 pts | ₹202 Cr | up ₹1.5 Cr | Added |
| Cash, TREPS & receivables | 5.09% | up 3.25 pts | ₹199 Cr | up ₹124 Cr | Added |
| Infosys Limited | 4.38% | down 0.09 pts | ₹172 Cr | down ₹11.4 Cr | Trimmed |
| Biocon Limited | 4.21% | up 0.89 pts | ₹165 Cr | up ₹29 Cr | Added |
| Larsen & Toubro Limited | 3.70% | down 1.01 pts | ₹145 Cr | down ₹48.1 Cr | Trimmed |
| Samvardhana Motherson International Limited | 3.58% | up 0.11 pts | ₹140 Cr | down ₹1.8 Cr | Trimmed |
| Axis Bank Limited | 3.49% | up 0.10 pts | ₹137 Cr | down ₹2.1 Cr | Trimmed |
| Honeywell Automation India Limited | 3.07% | up 0.33 pts | ₹120 Cr | up ₹8.1 Cr | Added |
| Dixon Technologies (India) Limited | 2.98% | up 0.70 pts | ₹117 Cr | up ₹23.3 Cr | Added |
| HCL Technologies Limited | 2.81% | up 2.81 pts | ₹110 Cr | up ₹110 Cr | New |
| GE Power India Limited | 2.70% | up 0.11 pts | ₹106 Cr | down ₹15 L | Held |
| Voltas Limited | 2.69% | up 0.35 pts | ₹105 Cr | up ₹9.4 Cr | Added |
| Page Industries Limited | 2.62% | up 0.40 pts | ₹103 Cr | up ₹11.8 Cr | Added |
| Sterling And Wilson Renewable Energy Limited | 2.62% | up 2.62 pts | ₹102 Cr | up ₹102 Cr | New |
| The Federal Bank Limited | 2.59% | down 0.17 pts | ₹101 Cr | down ₹11.6 Cr | Trimmed |
| Varun Beverages Limited | 2.56% | up 0.10 pts | ₹100 Cr | down ₹63 L | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.47% | up 0.08 pts | ₹96.6 Cr | down ₹1.1 Cr | Trimmed |
| Indian Oil Corporation Limited | 2.32% | down 0.21 pts | ₹91 Cr | down ₹12.5 Cr | Trimmed |
| Tata Motors Limited | 2.15% | down 0.24 pts | ₹84.4 Cr | down ₹13.7 Cr | Trimmed |
| Bharti Airtel Limited | 2.06% | down 0.68 pts | ₹80.8 Cr | down ₹31.6 Cr | Trimmed |
| Max Financial Services Limited | 1.94% | up 0.10 pts | ₹75.8 Cr | up ₹74 L | Added |
| Container Corporation of India Limited | 1.74% | up 0.38 pts | ₹68.1 Cr | up ₹12.4 Cr | Added |
| NCC Limited | 1.59% | down 0.44 pts | ₹62.4 Cr | down ₹20.8 Cr | Trimmed |
| The India Cements Limited | 1.57% | down 0.21 pts | ₹61.5 Cr | down ₹11.5 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.47% | down 0.28 pts | ₹57.6 Cr | down ₹14.1 Cr | Trimmed |
| Thomas Cook (India) Limited | 1.03% | down 0.42 pts | ₹40.3 Cr | down ₹19 Cr | Trimmed |
| IDFC First Bank Limited Money market | 0.62% | up 0.03 pts | ₹24.4 Cr | up ₹16 L | Added |
| Chennai Super Kings Cricket Ltd | 0.00% | — | ₹0 L | — | Held |
What changed, Jul 2019 to Aug 2019
New New positions (2)
- HCL Technologies Limited2.8% · ₹110 Cr
- Sterling And Wilson Renewable Energy Limited2.6% · ₹102 Cr
Exited Exited (2)
- Info Edge (India) Limitedwas 1.4% · ₹55.5 Cr
- Spicejet Limitedwas 0.5% · ₹21.9 Cr
Added Biggest additions
- Biocon Limitedup ₹29 Cr (+0.89% pts)
- Dixon Technologies (India) Limitedup ₹23.3 Cr (+0.70% 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 Jul 2019, the weight rose most in IT - Software (+2.9 pts) and Construction (+1.3 pts), and fell most in Banks (−4.2 pts) and Retailing (−1.4 pts).
- IT - Software4.7% → 7.6%+2.9 pts
- Construction7.1% → 8.4%+1.3 pts
- Consumer Durables4.9% → 6.0%+1.1 pts
- Pharmaceuticals & Biotechnology3.5% → 4.5%+1.0 pts
- Textiles & Apparels2.4% → 2.8%+0.4 pts
- Transport Services1.4% → 1.8%+0.4 pts
- Banks32.6% → 28.5%−4.2 pts
- Retailing1.4% → 0.0%exited−1.4 pts
- Leisure Services3.4% → 2.7%−0.7 pts
- Telecom - Services2.9% → 2.2%−0.7 pts
- Transportation0.6% → 0.0%exited−0.6 pts
- Automobiles2.5% → 2.3%−0.2 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 | Aug 2016 | Aug 2018 | Feb 2019 | May 2019 | Jul 2019 | Aug 2019 |
|---|---|---|---|---|---|---|
| Banks | 7.5% | 30.7% | 30.1% | 31.2% | 32.6% | 28.5% |
| Construction | 1.4% | 5.3% | 7.6% | 7.9% | 7.1% | 8.4% |
| IT - Software | 1.8% | 4.3% | 4.3% | 3.9% | 4.7% | 7.6% |
| Diversified FMCG | — | 7.5% | 7.3% | 5.9% | 6.4% | 6.4% |
| Consumer Durables | — | — | 4.7% | 4.5% | 4.9% | 6.0% |
| Gas | 1.2% | 4.5% | 6.5% | 5.4% | 5.2% | 5.5% |
| Pharmaceuticals & Biotechnology | 5.8% | — | — | 3.2% | 3.5% | 4.5% |
| Auto Components | 1.9% | 2.5% | 4.9% | 3.2% | 3.7% | 3.8% |
| Industrial Manufacturing | 3.5% | 2.6% | 2.7% | 2.9% | 2.9% | 3.3% |
| Industrial Capital Goods | 3.7% | 2.5% | 2.8% | 2.8% | 2.7% | 2.9% |
Allocation in Aug 2019change vs Jul 2019
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, Aug 2019
5.7%
▲ 0.2 pts vs Jul 2019
- Cash alone
- 5.1%
- cash and net receivables
- A year earlier
- 7.1%
- Aug 2018 · now ▼ 1.4 pts
- Last 12 months
- 3.7% – 10.6%
- 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.