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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
₹6,858 Cr
up ₹196 Cr vs Apr 2019
Reliance Growth Fund is an active equity fund in the Mid Cap category from Nippon India Mutual Fund. In May 2019 it disclosed 77 stocks worth ₹6,858 Cr, up ₹196 Cr from Apr 2019. Its largest positions were Varun Beverages Limited (4.5%), Aditya Birla Fashion and Retail Limited (2.9%), Cholamandalam Financial Holdings Limited (2.8%); the ten largest together made up 27.1% of the portfolio, and Banks was the biggest sector at 15.7% of its equity. Cash and debt stood at 6.1%. Compared with Apr 2019 the fund entered 2 new stocks and exited 7.
Against 33 other Mid Cap funds
Concentration
48%
Top-10 weight is higher than 48% of peers
Breadth
70%
Holds more stocks than 70% of peers
Cash
85%
Holds more cash than 85% of peers
Holdings in May 2019
Download CSVEvery line the fund disclosed, with the change against Apr 2019. Click a column to sort; click a company to see every fund that owns it.
| Varun Beverages Limited | 4.50% | down 0.16 pts | ₹309 Cr | down ₹2.1 Cr | Trimmed |
| Cash, TREPS & receivables | 3.70% | up 2.35 pts | ₹254 Cr | up ₹164 Cr | Added |
| Aditya Birla Fashion and Retail Limited | 2.87% | up 0.01 pts | ₹197 Cr | up ₹6.3 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.81% | down 0.18 pts | ₹193 Cr | down ₹6.6 Cr | Trimmed |
| VARDHMAN TEXTILES LTD. Vardhman Textiles Limited · history in this fund | 2.58% | down 0.17 pts | ₹177 Cr | down ₹6.1 Cr | Trimmed |
| ACC Limited | 2.55% | up 0.01 pts | ₹175 Cr | up ₹5.6 Cr | Added |
| RBL Bank Limited | 2.38% | down 0.04 pts | ₹163 Cr | up ₹2 Cr | Added |
| The Indian Hotels Company Limited | 2.37% | down 0.03 pts | ₹162 Cr | up ₹2.9 Cr | Added |
| ICICI Bank Limited | 2.36% | up 0.27 pts | ₹162 Cr | up ₹22.5 Cr | Added |
| Tata Power Company Limited | 2.33% | down 0.02 pts | ₹160 Cr | up ₹3.4 Cr | Added |
| City Union Bank Limited | 2.33% | up 0.04 pts | ₹160 Cr | up ₹6.9 Cr | Added |
| Oberoi Realty Limited | 2.17% | down 0.04 pts | ₹149 Cr | up ₹1.6 Cr | Added |
| AU Small Finance Bank Limited | 2.13% | up 0.10 pts | ₹146 Cr | up ₹10.8 Cr | Added |
| SRF Limited | 2.10% | up 0.05 pts | ₹144 Cr | up ₹7.7 Cr | Added |
| Muthoot Finance Limited | 2.09% | up 0.12 pts | ₹143 Cr | up ₹11.8 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 1.95% | up 0.22 pts | ₹133 Cr | up ₹18.7 Cr | Added |
| Apollo Tyres Limited | 1.93% | down 0.02 pts | ₹133 Cr | up ₹2.4 Cr | Added |
| Tata Consumer Products Limited | 1.89% | up 0.22 pts | ₹130 Cr | up ₹18.5 Cr | Added |
| The Federal Bank Limited | 1.80% | up 0.20 pts | ₹123 Cr | up ₹16.8 Cr | Added |
| Voltas Limited | 1.77% | down 0.12 pts | ₹121 Cr | down ₹4.7 Cr | Trimmed |
| Torrent Pharmaceuticals Limited | 1.61% | down 0.29 pts | ₹110 Cr | down ₹16 Cr | Trimmed |
| Divi's Laboratories Limited | 1.60% | down 0.21 pts | ₹110 Cr | down ₹10.6 Cr | Trimmed |
| Tata Chemicals Limited | 1.59% | down 0.17 pts | ₹109 Cr | down ₹8 Cr | Trimmed |
| Orient Electric Limited | 1.55% | up 0.09 pts | ₹107 Cr | up ₹8.7 Cr | Added |
| Axis Bank Limited | 1.55% | up 0.27 pts | ₹106 Cr | up ₹20.8 Cr | Added |
| Info Edge (India) Limited | 1.49% | up 0.05 pts | ₹103 Cr | up ₹6 Cr | Added |
| Apollo Hospitals Enterprise Limited | 1.49% | down 0.02 pts | ₹102 Cr | up ₹1.8 Cr | Added |
| National Bank For Agriculture and Rural Development Money market | 1.45% | down 0.03 pts | ₹99.6 Cr | up ₹60 L | Added |
| JM Financial Limited | 1.43% | up 0.07 pts | ₹97.9 Cr | up ₹7.2 Cr | Added |
| Max Financial Services Limited | 1.42% | up 0.06 pts | ₹97.7 Cr | up ₹7 Cr | Added |
| Bharat Forge Limited | 1.41% | up 0.01 pts | ₹97 Cr | up ₹3.7 Cr | Added |
| Spicejet Limited | 1.27% | up 0.10 pts | ₹87.4 Cr | up ₹9.3 Cr | Added |
| State Bank of India | 1.27% | up 0.34 pts | ₹86.9 Cr | up ₹25.4 Cr | Added |
| Exide Industries Limited | 1.21% | up 0.02 pts | ₹83.3 Cr | up ₹3.8 Cr | Added |
| Sanofi India Limited | 1.19% | down 0.28 pts | ₹81.9 Cr | down ₹16.2 Cr | Trimmed |
| The Phoenix Mills Limited | 1.15% | up 0.06 pts | ₹79.1 Cr | up ₹6.2 Cr | Added |
| Bharat Electronics Limited | 1.14% | up 0.62 pts | ₹78.4 Cr | up ₹43.4 Cr | Added |
| Honeywell Automation India Limited | 1.12% | up 0.04 pts | ₹77.1 Cr | up ₹5 Cr | Added |
| Hexaware Technologies Limited | 1.11% | up 0.01 pts | ₹76.1 Cr | up ₹2.5 Cr | Added |
| Cyient Limited | 1.10% | down 0.09 pts | ₹75.6 Cr | down ₹3.8 Cr | Trimmed |
| NLC India Limited | 1.09% | down 0.04 pts | ₹74.6 Cr | down ₹57 L | Trimmed |
| Ashok Leyland Limited | 1.03% | up 0.12 pts | ₹70.7 Cr | up ₹10.2 Cr | Added |
| KRBL Limited | 0.96% | up 0.04 pts | ₹65.8 Cr | up ₹4.2 Cr | Added |
| IndusInd Bank Limited Money market | 0.95% | up 0.95 pts | ₹64.9 Cr | up ₹64.9 Cr | New |
| IndusInd Bank Limited | 0.94% | up 0.94 pts | ₹64.2 Cr | up ₹64.2 Cr | New |
| Jindal Steel & Power Limited | 0.86% | down 0.13 pts | ₹59.3 Cr | down ₹6.7 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 0.83% | up 0.04 pts | ₹56.7 Cr | up ₹4.3 Cr | Added |
| TVS Motor Company Limited | 0.82% | down 0.05 pts | ₹56.5 Cr | down ₹1.5 Cr | Trimmed |
| Fortis Healthcare Limited | 0.77% | down 0.11 pts | ₹52.9 Cr | down ₹5.6 Cr | Trimmed |
| LTIMindtree Limited | 0.76% | down 0.06 pts | ₹51.9 Cr | down ₹2.3 Cr | Trimmed |
What changed, Apr 2019 to May 2019
New New positions (2)
- IndusInd Bank Limited0.9% · ₹64.2 Cr
- Kansai Nerolac Paints Limited0.4% · ₹27.8 Cr
Exited Exited (7)
- MindTree Limitedwas 0.8% · ₹54.2 Cr
- Bank of Barodawas 0.7% · ₹48.2 Cr
- NCC Limitedwas 0.6% · ₹41.7 Cr
- Bajaj Finserv Limitedwas 0.6% · ₹39.6 Cr
- Power Finance Corporation Limitedwas 0.2% · ₹15.8 Cr
- Hindalco Industries Limitedwas 0.2% · ₹14.4 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 Apr 2019, the weight rose most in Banks (+1.8 pts) and Aerospace & Defense (+0.7 pts), and fell most in Software (−0.9 pts) and Ferrous Metals (−0.8 pts).
- Banks13.9% → 15.7%+1.8 pts
- Aerospace & Defense0.5% → 1.2%+0.7 pts
- Consumer Durables4.2% → 4.7%+0.5 pts
- Chemicals & Petrochemicals4.0% → 4.4%+0.4 pts
- Agricultural Food & Other Products2.7% → 3.0%+0.3 pts
- Agricultural, Commercial & Construction Vehicles0.9% → 1.1%+0.2 pts
- Software1.1% → 0.2%−0.9 pts
- Ferrous Metals2.2% → 1.4%−0.8 pts
- Pharmaceuticals & Biotechnology6.3% → 5.5%−0.8 pts
- Construction1.9% → 1.2%−0.7 pts
- Non - Ferrous Metals0.8% → 0.1%−0.7 pts
- Finance11.4% → 11.2%−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 | May 2016 | May 2018 | Nov 2018 | Feb 2019 | Apr 2019 | May 2019 |
|---|---|---|---|---|---|---|
| Banks | 18.0% | 8.0% | 16.4% | 13.0% | 13.9% | 15.7% |
| Finance | 6.4% | 18.3% | 14.1% | 12.0% | 11.4% | 11.2% |
| Pharmaceuticals & Biotechnology | 8.5% | 7.0% | 8.4% | 8.5% | 6.3% | 5.5% |
| Power | 0.1% | 8.5% | 5.6% | 5.0% | 5.0% | 5.0% |
| Beverages | 5.5% | 5.7% | 4.5% | 4.6% | 4.9% | 4.8% |
| Retailing | 1.8% | 5.0% | 6.4% | 5.6% | 4.7% | 4.8% |
| Consumer Durables | 4.9% | 6.5% | 5.7% | 4.5% | 4.2% | 4.7% |
| Chemicals & Petrochemicals | — | 3.4% | 4.6% | 3.6% | 4.0% | 4.4% |
| Auto Components | — | 5.1% | 3.6% | 4.5% | 4.2% | 4.3% |
| Realty | 0.6% | 1.1% | 4.2% | 4.7% | 3.4% | 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.
Cash & debt, May 2019
6.1%
▲ 2.1 pts vs Apr 2019
- Cash alone
- 3.7%
- cash and net receivables
- A year earlier
- 3.5%
- May 2018 · now ▲ 2.6 pts
- Last 12 months
- 1.3% – 6.1%
- 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.