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Reliance Growth Fund
Disclosed for 84 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE GROWTH FUND (Mid Cap Fund- An open ended equity scheme predominantly investing in mid cap stocks)
Portfolio value
₹7,033 Cr
down ₹233 Cr vs Jan 2018
Reliance Growth Fund is an active equity fund in the Mid Cap category from Nippon India Mutual Fund. In February 2018 it disclosed 81 stocks worth ₹7,033 Cr, down ₹233 Cr from Jan 2018. Its largest positions were Varun Beverages Limited (3.3%), Muthoot Finance Limited (3.0%), Spicejet Limited (2.6%); the ten largest together made up 25.2% of the portfolio, and Finance was the biggest sector at 14.1% of its equity. Cash and debt stood at 6.3%. Compared with Jan 2018 the fund entered 5 new stocks and exited 4.
Against 33 other Mid Cap funds
Concentration
36%
Top-10 weight is higher than 36% of peers
Breadth
76%
Holds more stocks than 76% of peers
Cash
88%
Holds more cash than 88% of peers
What these mean: concentration · cash
Holdings in February 2018
Download CSVEvery line the fund disclosed, with the change against Jan 2018. 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 | 5.25% | up 1.94 pts | ₹369 Cr | up ₹129 Cr | Added |
| Varun Beverages Limited | 3.27% | down 0.10 pts | ₹230 Cr | down ₹14.8 Cr | Trimmed |
| Muthoot Finance Limited | 3.04% | down 0.08 pts | ₹214 Cr | down ₹12.8 Cr | Trimmed |
| Spicejet Limited | 2.63% | up 0.34 pts | ₹185 Cr | up ₹18.5 Cr | Added |
| Birla Corporation Limited | 2.51% | down 0.59 pts | ₹177 Cr | down ₹48.6 Cr | Trimmed |
| HSIL Ltd | 2.46% | up 0.11 pts | ₹173 Cr | up ₹2.3 Cr | Added |
| Cyient Limited | 2.44% | up 0.06 pts | ₹172 Cr | down ₹1.4 Cr | Trimmed |
| Bharat Financial Inclusion Limited | 2.40% | up 0.42 pts | ₹169 Cr | up ₹24.6 Cr | Added |
| VARDHMAN TEXTILES LTD. Vardhman Textiles Limited · history in this fund | 2.30% | up 0.16 pts | ₹161 Cr | up ₹6.1 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 2.08% | up 0.32 pts | ₹147 Cr | up ₹18.3 Cr | Added |
| NMDC Limited | 2.08% | down 0.10 pts | ₹146 Cr | down ₹12.4 Cr | Trimmed |
| National Aluminium Company Limited | 2.06% | up 0.38 pts | ₹145 Cr | up ₹22.7 Cr | Added |
| Tata Chemicals Limited | 2.03% | up 0.03 pts | ₹143 Cr | down ₹2.9 Cr | Trimmed |
| Orient Electric Limited | 1.86% | up 0.06 pts | ₹131 Cr | — | Held |
| NLC India Limited | 1.78% | up 0.35 pts | ₹125 Cr | up ₹21.2 Cr | Added |
| Cholamandalam Financial Holdings Limited | 1.69% | up 0.20 pts | ₹119 Cr | up ₹10.5 Cr | Added |
| CESC Limited | 1.63% | up 0.29 pts | ₹115 Cr | up ₹17.5 Cr | Added |
| Max Financial Services Limited | 1.53% | up 0.17 pts | ₹108 Cr | up ₹9 Cr | Added |
| MRF Limited | 1.52% | up 0.15 pts | ₹107 Cr | up ₹7.7 Cr | Added |
| Aditya Birla Fashion and Retail Limited | 1.52% | up 0.42 pts | ₹107 Cr | up ₹26.7 Cr | Added |
| JSW Energy Limited | 1.51% | up 0.16 pts | ₹106 Cr | up ₹8.1 Cr | Added |
| Sanofi India Limited | 1.49% | up 0.08 pts | ₹105 Cr | up ₹2.6 Cr | Added |
| NCC Limited | 1.46% | up 0.15 pts | ₹103 Cr | up ₹7.2 Cr | Added |
| Ashok Leyland Limited | 1.45% | down 0.04 pts | ₹102 Cr | down ₹5.9 Cr | Trimmed |
| The Federal Bank Limited | 1.45% | down 0.05 pts | ₹102 Cr | down ₹6.7 Cr | Trimmed |
| Apollo Tyres Limited | 1.42% | up 0.14 pts | ₹100 Cr | up ₹7.2 Cr | Added |
| NAVA BHARAT VENTURES LTD. Nava Limited · history in this fund | 1.41% | up 0.04 pts | ₹99.1 Cr | down ₹73 L | Trimmed |
| Hikal Limited | 1.38% | up 0.17 pts | ₹96.7 Cr | up ₹9.1 Cr | Added |
| Gujarat State Petronet Limited | 1.36% | up 0.08 pts | ₹95.4 Cr | up ₹2.3 Cr | Added |
| Alkem Laboratories Limited | 1.32% | up 0.06 pts | ₹92.5 Cr | up ₹1.1 Cr | Added |
| Cummins India Limited | 1.31% | down 0.13 pts | ₹92.1 Cr | down ₹12.5 Cr | Trimmed |
| Bajaj Finserv Limited | 1.26% | up 1.26 pts | ₹88.9 Cr | up ₹88.9 Cr | New |
| Divi's Laboratories Limited | 1.24% | up 0.02 pts | ₹87.4 Cr | down ₹1.1 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 1.24% | down 0.05 pts | ₹86.9 Cr | down ₹6.2 Cr | Trimmed |
| India Limited | 1.22% | up 0.01 pts | ₹86 Cr | down ₹2.2 Cr | Trimmed |
| Info Edge (India) Limited | 1.22% | up 0.25 pts | ₹85.7 Cr | up ₹15.6 Cr | Added |
| ABB India Limited | 1.09% | down 0.05 pts | ₹76.6 Cr | down ₹6.1 Cr | Trimmed |
| United Breweries Limited | 1.07% | up 0.20 pts | ₹75.3 Cr | up ₹12.4 Cr | Added |
| Godrej Agrovet Limited | 1.07% | up 0.09 pts | ₹74.9 Cr | up ₹4.3 Cr | Added |
| Tata Capital Financial Services Limited Money market | 1.06% | up 0.04 pts | ₹74.7 Cr | up ₹40 L | Added |
| Oberoi Realty Limited | 1.03% | up 0.01 pts | ₹72.7 Cr | down ₹1.4 Cr | Trimmed |
| Cipla Limited | 1.00% | up 0.03 pts | ₹70.2 Cr | down ₹30 L | Held |
| Maharashtra Seamless Limited | 0.98% | down 0.05 pts | ₹69.1 Cr | down ₹5.8 Cr | Trimmed |
| Sanghi Industries Limited | 0.94% | down 0.03 pts | ₹66.4 Cr | down ₹4.6 Cr | Trimmed |
| Redington Limited | 0.94% | down 0.21 pts | ₹66.1 Cr | down ₹17.7 Cr | Trimmed |
| Engineers India Limited | 0.93% | up 0.01 pts | ₹65.2 Cr | down ₹1.7 Cr | Trimmed |
| Yes Bank Limited | 0.92% | down 0.06 pts | ₹64.5 Cr | down ₹6.4 Cr | Trimmed |
| Torrent Pharmaceuticals Limited | 0.91% | up 0.03 pts | ₹63.7 Cr | up ₹29 L | Held |
| Samvardhana Motherson International Limited | 0.90% | up 0.40 pts | ₹63.4 Cr | up ₹26.9 Cr | Added |
| Bharat Heavy Electricals Limited | 0.89% | down 0.07 pts | ₹62.9 Cr | down ₹7.2 Cr | Trimmed |
What changed, Jan 2018 to Feb 2018
New New positions (5)
- Bajaj Finserv Limited1.3% · ₹88.9 Cr
- SRF Limited0.6% · ₹42 Cr
- JM Financial Limited0.6% · ₹41 Cr
- Fortis Healthcare Limited0.6% · ₹40 Cr
- Sundaram Finance Holdings Limited<0.1% · ₹2.8 Cr
Exited Exited (4)
- UPL Limitedwas 1.3% · ₹91.1 Cr
- CG Power and Industrial Solutions Limitedwas 0.8% · ₹55.8 Cr
- Jindal Saw Limitedwas 0.7% · ₹51.7 Cr
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 2018, the weight rose most in Finance (+3.1 pts) and Power (+1.0 pts), and fell most in Banks (−4.6 pts) and Fertilizers & Agrochemicals (−1.3 pts).
- Finance11.0% → 14.1%+3.1 pts
- Power7.1% → 8.1%+1.0 pts
- Retailing2.2% → 2.9%+0.8 pts
- Chemicals & Petrochemicals2.1% → 2.8%+0.7 pts
- Pharmaceuticals & Biotechnology9.3% → 10.0%+0.7 pts
- Auto Components2.7% → 3.4%+0.7 pts
- Banks9.9% → 5.3%−4.6 pts
- Fertilizers & Agrochemicals1.3% → 0.0%exited−1.3 pts
- Industrial Products3.9% → 3.0%−0.9 pts
- Electrical Equipment3.0% → 2.1%−0.9 pts
- Cement & Cement Products3.3% → 2.7%−0.6 pts
- Beverages5.4% → 4.9%−0.5 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 2015 | Feb 2017 | Aug 2017 | Nov 2017 | Jan 2018 | Feb 2018 |
|---|---|---|---|---|---|---|
| Finance | 6.6% | 6.4% | 7.2% | 10.7% | 11.0% | 14.1% |
| Pharmaceuticals & Biotechnology | 10.0% | 6.3% | 3.6% | 9.8% | 9.3% | 10.0% |
| Power | 0.1% | 1.3% | 1.3% | 5.4% | 7.1% | 8.1% |
| Consumer Durables | 3.2% | 5.2% | 6.0% | 7.3% | 6.6% | 6.8% |
| Banks | 17.0% | 17.9% | 19.4% | 10.1% | 9.9% | 5.3% |
| Beverages | 4.6% | 4.6% | 4.5% | 2.4% | 5.4% | 4.9% |
| Auto Components | — | — | — | 2.7% | 2.7% | 3.4% |
| Industrial Products | 5.5% | 6.4% | 6.3% | 5.1% | 3.9% | 3.0% |
| Retailing | 0.1% | — | — | 0.7% | 2.2% | 2.9% |
| Transportation | — | 0.8% | 1.4% | 2.0% | 2.4% | 2.8% |
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 2018
6.3%
▲ 1.6 pts vs Jan 2018
- Cash alone
- 5.2%
- cash and net receivables
- A year earlier
- 4.7%
- Feb 2017 · now ▲ 1.6 pts
- Last 12 months
- 1.8% – 6.6%
- lowest to highest · record 9.3% in Dec 2016
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.