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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
₹6,745 Cr
up ₹384 Cr vs Feb 2019
Reliance Growth Fund is an active equity fund in the Mid Cap category from Nippon India Mutual Fund. In March 2019 it disclosed 79 stocks worth ₹6,745 Cr, up ₹384 Cr from Feb 2019. Its largest positions were Varun Beverages Limited (4.6%), Oberoi Realty Limited (3.4%), Aditya Birla Fashion and Retail Limited (3.3%); the ten largest together made up 28.6% of the portfolio, and Banks was the biggest sector at 14.0% of its equity. Cash and debt stood at 3.0%. Compared with Feb 2019 the fund entered 3 new stocks and exited 9.
Against 33 other Mid Cap funds
Concentration
61%
Top-10 weight is higher than 61% of peers
Breadth
73%
Holds more stocks than 73% of peers
Cash
64%
Holds more cash than 64% of peers
What these mean: concentration · cash
Holdings in March 2019
Download CSVEvery line the fund disclosed, with the change against Feb 2019. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Varun Beverages Limited | 4.56% | up 0.05 pts | ₹307 Cr | up ₹20.4 Cr | Added |
| Oberoi Realty Limited | 3.42% | up 0.02 pts | ₹231 Cr | up ₹14.4 Cr | Added |
| Aditya Birla Fashion and Retail Limited | 3.27% | down 0.28 pts | ₹221 Cr | down ₹5 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 2.78% | up 0.13 pts | ₹188 Cr | up ₹18.6 Cr | Added |
| VARDHMAN TEXTILES LTD. Vardhman Textiles Limited · history in this fund | 2.62% | up 0.05 pts | ₹177 Cr | up ₹12.9 Cr | Added |
| ACC Limited | 2.56% | up 0.24 pts | ₹173 Cr | up ₹25.3 Cr | Added |
| Tata Power Company Limited | 2.43% | up 0.14 pts | ₹164 Cr | up ₹18.5 Cr | Added |
| RBL Bank Limited | 2.39% | up 0.06 pts | ₹161 Cr | up ₹12.7 Cr | Added |
| The Indian Hotels Company Limited | 2.37% | up 0.63 pts | ₹160 Cr | up ₹49.3 Cr | Added |
| Torrent Pharmaceuticals Limited | 2.19% | up 0.04 pts | ₹147 Cr | up ₹11.2 Cr | Added |
| Muthoot Finance Limited | 2.10% | up 0.19 pts | ₹142 Cr | up ₹20.2 Cr | Added |
| Apollo Tyres Limited | 2.09% | up 0.08 pts | ₹141 Cr | up ₹13.1 Cr | Added |
| City Union Bank Limited | 2.08% | up 0.10 pts | ₹140 Cr | up ₹14.7 Cr | Added |
| ICICI Bank Limited | 2.03% | up 0.77 pts | ₹137 Cr | up ₹56.5 Cr | Added |
| The Federal Bank Limited | 1.86% | down 0.34 pts | ₹125 Cr | down ₹14.6 Cr | Trimmed |
| AU Small Finance Bank Limited | 1.85% | up 0.27 pts | ₹125 Cr | up ₹24.1 Cr | Added |
| Voltas Limited | 1.83% | up 0.08 pts | ₹124 Cr | up ₹12.4 Cr | Added |
| Sanofi India Limited | 1.78% | down 0.24 pts | ₹120 Cr | down ₹8.5 Cr | Trimmed |
| Tata Chemicals Limited | 1.77% | down <0.01 pts | ₹119 Cr | up ₹6.6 Cr | Added |
| Divi's Laboratories Limited | 1.74% | down 0.34 pts | ₹117 Cr | down ₹14.8 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 1.66% | up 0.50 pts | ₹112 Cr | up ₹38.3 Cr | Added |
| SRF Limited | 1.64% | down 0.11 pts | ₹111 Cr | down ₹78 L | Trimmed |
| Tata Consumer Products Limited | 1.61% | down 0.01 pts | ₹108 Cr | up ₹5.4 Cr | Added |
| Info Edge (India) Limited | 1.57% | down 0.16 pts | ₹106 Cr | down ₹4.1 Cr | Trimmed |
| Cash, TREPS & receivables | 1.50% | up 0.58 pts | ₹101 Cr | up ₹42.9 Cr | Added |
| Axis Bank Limited | 1.46% | down 0.06 pts | ₹98.1 Cr | up ₹1.5 Cr | Added |
| Orient Electric Limited | 1.45% | up 0.02 pts | ₹97.6 Cr | up ₹6.7 Cr | Added |
| JM Financial Limited | 1.43% | up 0.18 pts | ₹96.5 Cr | up ₹16.9 Cr | Added |
| Max Financial Services Limited | 1.40% | up 0.05 pts | ₹94.5 Cr | up ₹8.8 Cr | Added |
| Bharat Forge Limited | 1.35% | up 0.24 pts | ₹91 Cr | up ₹20.4 Cr | Added |
| Spicejet Limited | 1.35% | up 0.18 pts | ₹90.8 Cr | up ₹16.6 Cr | Added |
| Apollo Hospitals Enterprise Limited | 1.32% | up 0.20 pts | ₹89 Cr | up ₹17.7 Cr | Added |
| Siemens Limited | 1.22% | up 0.08 pts | ₹82 Cr | up ₹9.9 Cr | Added |
| Exide Industries Limited | 1.20% | down 0.08 pts | ₹81.2 Cr | down ₹39 L | Held |
| The Phoenix Mills Limited | 1.18% | down 0.01 pts | ₹79.9 Cr | up ₹4.2 Cr | Added |
| NLC India Limited | 1.18% | up 0.08 pts | ₹79.5 Cr | up ₹9.9 Cr | Added |
| Cyient Limited | 1.10% | down 0.24 pts | ₹74.5 Cr | down ₹10.8 Cr | Trimmed |
| IDFC First Bank Limited Money market | 1.10% | up 1.10 pts | ₹74.5 Cr | up ₹74.5 Cr | New |
| State Bank of India | 1.09% | up 1.09 pts | ₹73.3 Cr | up ₹73.3 Cr | New |
| Hindustan Petroleum Corporation Limited | 1.01% | up 0.52 pts | ₹68.1 Cr | up ₹36.8 Cr | Added |
| Honeywell Automation India Limited | 0.99% | down 0.03 pts | ₹66.9 Cr | up ₹2.2 Cr | Added |
| Hexaware Technologies Limited | 0.98% | up 0.03 pts | ₹66 Cr | up ₹5.8 Cr | Added |
| Ashok Leyland Limited | 0.94% | down <0.01 pts | ₹63.5 Cr | up ₹3.3 Cr | Added |
| Steel Authority of India Limited | 0.93% | down 0.26 pts | ₹62.5 Cr | down ₹12.9 Cr | Trimmed |
| KRBL Limited | 0.92% | down 0.10 pts | ₹62.4 Cr | down ₹2.9 Cr | Trimmed |
| Fortis Healthcare Limited | 0.85% | down 0.04 pts | ₹57.4 Cr | up ₹42 L | Added |
| TVS Motor Company Limited | 0.82% | down 0.02 pts | ₹55.5 Cr | up ₹2.1 Cr | Added |
| Oriental Hotels Limited | 0.82% | up 0.08 pts | ₹55 Cr | up ₹8.4 Cr | Added |
| Alembic Pharmaceuticals Limited | 0.80% | down 0.08 pts | ₹53.8 Cr | down ₹1.7 Cr | Trimmed |
| LTIMindtree Limited | 0.80% | down 0.16 pts | ₹53.7 Cr | down ₹7.2 Cr | Trimmed |
What changed, Feb 2019 to Mar 2019
New New positions (3)
- State Bank of India1.1% · ₹73.3 Cr
- NCC Limited0.6% · ₹39.5 Cr
- MindTree Limited0.5% · ₹30.4 Cr
Exited Exited (9)
- HDFC Bank Limitedwas 1.4% · ₹89.2 Cr
- NMDC Limitedwas 0.5% · ₹32.4 Cr
- Carborundum Universal Limitedwas 0.5% · ₹31.8 Cr
- Biocon Limitedwas 0.5% · ₹31.1 Cr
- HSIL Ltdwas 0.4% · ₹27.1 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 Feb 2019, the weight rose most in Banks (+1.0 pts) and Construction (+0.7 pts), and fell most in Pharmaceuticals & Biotechnology (−1.4 pts) and Minerals & Mining (−0.5 pts).
- Banks13.0% → 14.0%+1.0 pts
- Construction1.1% → 1.7%+0.7 pts
- Leisure Services1.8% → 2.5%+0.7 pts
- Petroleum Products0.5% → 1.0%+0.5 pts
- Cement & Cement Products2.9% → 3.4%+0.5 pts
- Software0.2% → 0.7%+0.5 pts
- Pharmaceuticals & Biotechnology8.5% → 7.1%−1.4 pts
- Minerals & Mining0.5% → 0.0%exited−0.5 pts
- Consumer Durables4.5% → 4.1%−0.4 pts
- Finance12.0% → 11.6%−0.4 pts
- Retailing5.6% → 5.2%−0.4 pts
- Industrial Products1.7% → 1.4%−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 | Mar 2016 | Mar 2018 | Sep 2018 | Dec 2018 | Feb 2019 | Mar 2019 |
|---|---|---|---|---|---|---|
| Banks | 17.1% | 5.3% | 12.4% | 17.2% | 13.0% | 14.0% |
| Finance | 5.8% | 15.6% | 14.6% | 13.3% | 12.0% | 11.6% |
| Pharmaceuticals & Biotechnology | 10.0% | 9.2% | 9.4% | 8.4% | 8.5% | 7.1% |
| Retailing | 2.2% | 4.2% | 6.2% | 6.1% | 5.6% | 5.2% |
| Power | 0.1% | 8.0% | 5.7% | 4.8% | 5.0% | 5.1% |
| Realty | 0.5% | 1.1% | 3.2% | 4.0% | 4.7% | 4.8% |
| Beverages | 4.8% | 5.1% | 5.2% | 4.5% | 4.6% | 4.7% |
| Auto Components | — | 4.1% | 5.6% | 3.6% | 4.5% | 4.4% |
| Consumer Durables | 5.6% | 6.5% | 6.4% | 5.8% | 4.5% | 4.1% |
| Chemicals & Petrochemicals | — | 3.3% | 4.3% | 3.7% | 3.6% | 3.5% |
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, Mar 2019
3.0%
▲ 0.5 pts vs Feb 2019
- Cash alone
- 1.5%
- cash and net receivables
- A year earlier
- 5.2%
- Mar 2018 · now ▼ 2.3 pts
- Last 12 months
- 1.3% – 3.6%
- 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.