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Reliance Tax Saver
Disclosed for 84 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE TAX SAVER (ELSS) FUND (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
Portfolio value
₹9,187 Cr
down ₹473 Cr vs Jul 2019
- Stocks held
- 49
- unchanged
- Top 10 weight
- 46.4%
- of the portfolio in its ten largest
- Cash & debt
- 1.3%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
- added to 10, trimmed 33
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In August 2019 it disclosed 49 stocks worth ₹9,187 Cr, down ₹473 Cr from Jul 2019. Its largest positions were ICICI Bank Limited (6.4%), State Bank of India (5.6%), Larsen & Toubro Limited (5.4%); the ten largest together made up 46.4% of the portfolio, and Banks was the biggest sector at 19.3% of its equity. Cash and debt stood at 1.3%. Compared with Jul 2019 the fund entered 1 new stock and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
77%
Top-10 weight is higher than 77% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
17%
Holds more cash than 17% 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 | 6.42% | up 2.23 pts | ₹590 Cr | up ₹185 Cr | Added |
| State Bank of India | 5.63% | down 0.87 pts | ₹518 Cr | down ₹110 Cr | Trimmed |
| Larsen & Toubro Limited | 5.37% | up 0.04 pts | ₹494 Cr | down ₹21.9 Cr | Trimmed |
| Tata Steel Limited | 5.34% | down 1.02 pts | ₹490 Cr | down ₹124 Cr | Trimmed |
| ABB India Limited | 4.85% | up 0.15 pts | ₹446 Cr | down ₹8.2 Cr | Trimmed |
| Honeywell Automation India Limited | 4.39% | down 0.46 pts | ₹404 Cr | down ₹65.5 Cr | Trimmed |
| TVS Motor Company Limited | 3.93% | up 0.18 pts | ₹361 Cr | down ₹86 L | Held |
| Tata Motors Limited | 3.77% | down 0.40 pts | ₹347 Cr | down ₹56.1 Cr | Trimmed |
| ITC Limited | 3.37% | down 0.16 pts | ₹310 Cr | down ₹30.9 Cr | Trimmed |
| Siemens Limited | 3.30% | up 0.08 pts | ₹303 Cr | down ₹7.8 Cr | Trimmed |
| Infosys Limited | 3.19% | down 3.17 pts | ₹293 Cr | down ₹321 Cr | Trimmed |
| Bank of Baroda | 2.99% | down 0.29 pts | ₹275 Cr | down ₹41.9 Cr | Trimmed |
| NTPC Limited | 2.98% | up 0.39 pts | ₹274 Cr | up ₹23.1 Cr | Added |
| Ashok Leyland Limited | 2.84% | down 0.09 pts | ₹261 Cr | down ₹21.9 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 2.80% | up 1.07 pts | ₹258 Cr | up ₹89.9 Cr | Added |
| Hero MotoCorp Limited | 2.77% | down 0.08 pts | ₹255 Cr | down ₹21 Cr | Trimmed |
| Bharat Petroleum Corporation Limited | 2.68% | up 0.52 pts | ₹246 Cr | up ₹37.9 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.66% | up 0.22 pts | ₹245 Cr | up ₹8.9 Cr | Added |
| Sun Pharmaceutical Industries Limited | 2.49% | up 0.11 pts | ₹229 Cr | down ₹1.4 Cr | Trimmed |
| Canara Bank | 2.18% | down 0.42 pts | ₹201 Cr | down ₹50.5 Cr | Trimmed |
| Steel Authority of India Limited | 2.14% | up 0.03 pts | ₹197 Cr | down ₹7.4 Cr | Trimmed |
| Coal India Limited | 1.97% | down 0.10 pts | ₹181 Cr | down ₹19.3 Cr | Trimmed |
| Cochin Shipyard Limited | 1.65% | up 0.02 pts | ₹152 Cr | down ₹5.5 Cr | Trimmed |
| Linde India Limited | 1.64% | up 0.12 pts | ₹151 Cr | up ₹4.3 Cr | Added |
| Bharat Heavy Electricals Limited | 1.44% | down 0.16 pts | ₹132 Cr | down ₹21.8 Cr | Trimmed |
| Cash, TREPS & receivables | 1.34% | up 1.13 pts | ₹123 Cr | up ₹103 Cr | Added |
| HDFC Bank Limited | 1.31% | up 1.31 pts | ₹120 Cr | up ₹120 Cr | New |
| Wheels India Limited | 1.18% | down 0.08 pts | ₹108 Cr | down ₹13.6 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.13% | up 0.02 pts | ₹103 Cr | down ₹3.3 Cr | Trimmed |
| Bharat Forge Limited | 1.12% | down 0.05 pts | ₹103 Cr | down ₹10.4 Cr | Trimmed |
| GE Vernova T&D India Limited | 1.09% | up 0.02 pts | ₹100 Cr | down ₹2.8 Cr | Trimmed |
| KSB Limited | 0.99% | up 0.05 pts | ₹90.6 Cr | up ₹10 L | Held |
| Schneider Electric Infrastructure Limited | 0.93% | up 0.04 pts | ₹85.8 Cr | down ₹95 L | Trimmed |
| Automotive Axles Limited | 0.86% | up 0.05 pts | ₹79.4 Cr | up ₹1.2 Cr | Added |
| REC Limited | 0.85% | up 0.06 pts | ₹77.9 Cr | up ₹2.2 Cr | Added |
| Birla Corporation Limited | 0.81% | down 0.03 pts | ₹74.2 Cr | down ₹6.5 Cr | Trimmed |
| Mishra Dhatu Nigam Limited | 0.79% | up 0.06 pts | ₹72.5 Cr | up ₹2.2 Cr | Added |
| Housing Development Finance Corporation Limited | 0.72% | up 0.33 pts | ₹66.3 Cr | up ₹28.1 Cr | Added |
| Reliance Industries Limited | 0.65% | up 0.07 pts | ₹59.6 Cr | up ₹3.9 Cr | Added |
| Sundaram Clayton Limited | 0.62% | down 0.08 pts | ₹57.1 Cr | down ₹11.1 Cr | Trimmed |
| The Indian Hotels Company Limited | 0.57% | down 0.28 pts | ₹52.2 Cr | down ₹29.9 Cr | Trimmed |
| Kennametal India Limited | 0.51% | up 0.02 pts | ₹46.4 Cr | down ₹27 L | Trimmed |
| ITD Cementation India Limited | 0.49% | down 0.03 pts | ₹45.3 Cr | down ₹5.2 Cr | Trimmed |
| Axis Bank Limited | 0.33% | up 0.01 pts | ₹29.9 Cr | down ₹46 L | Trimmed |
| Time Technoplast Limited | 0.23% | down 0.07 pts | ₹20.9 Cr | down ₹7.4 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 0.19% | up 0.02 pts | ₹17.6 Cr | up ₹83 L | Added |
| Tata Steel Long Products Limited | 0.16% | up <0.01 pts | ₹15 Cr | down ₹71 L | Trimmed |
| Oriental Bank of Commerce | 0.13% | up 0.02 pts | ₹11.9 Cr | up ₹87 L | Added |
| Tata Steel Limited - Partly Paid Shares | 0.11% | down 0.03 pts | ₹10.2 Cr | down ₹3 Cr | Trimmed |
| Simplex Infrastructures Limited | 0.08% | down 0.05 pts | ₹7.1 Cr | down ₹4.8 Cr | Trimmed |
What changed, Jul 2019 to Aug 2019
New New positions (1)
- HDFC Bank Limited1.3% · ₹120 Cr
Exited Exited (1)
- Orient Cement Limitedwas 0.2% · ₹21.3 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹185 Cr (+2.23% pts)
- Hindustan Petroleum Corporation Limitedup ₹89.9 Cr (+1.07% pts)
- Bharat Petroleum Corporation Limitedup ₹37.9 Cr (+0.52% pts)
- Housing Development Finance Corporation Limitedup ₹28.1 Cr (+0.33% pts)
- NTPC Limitedup ₹23.1 Cr (+0.39% pts)
- Federal-Mogul Goetze (India) Limited.up ₹8.9 Cr (+0.22% pts)
- Linde India Limitedup ₹4.3 Cr (+0.12% pts)
- Reliance Industries Limitedup ₹3.9 Cr (+0.07% pts)
- Mishra Dhatu Nigam Limitedup ₹2.2 Cr (+0.06% pts)
- REC Limitedup ₹2.2 Cr (+0.06% pts)
Trimmed Biggest reductions
- Infosys Limiteddown ₹321 Cr (−3.17% pts)
- Tata Steel Limiteddown ₹124 Cr (−1.02% pts)
- State Bank of Indiadown ₹110 Cr (−0.87% pts)
- Honeywell Automation India Limiteddown ₹65.5 Cr (−0.46% pts)
- Tata Motors Limiteddown ₹56.1 Cr (−0.40% pts)
- Canara Bankdown ₹50.5 Cr (−0.42% pts)
- Bank of Barodadown ₹41.9 Cr (−0.29% pts)
- ITC Limiteddown ₹30.9 Cr (−0.16% pts)
- The Indian Hotels Company Limiteddown ₹29.9 Cr (−0.28% pts)
- Larsen & Toubro Limiteddown ₹21.9 Cr (+0.04% 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 Banks (+2.2 pts) and Petroleum Products (+1.7 pts), and fell most in IT - Software (−3.2 pts) and Ferrous Metals (−1.0 pts).
- Banks17.1% → 19.3%+2.2 pts
- Petroleum Products4.5% → 6.2%+1.7 pts
- Finance1.4% → 1.8%+0.4 pts
- Power2.6% → 3.0%+0.4 pts
- Electrical Equipment11.5% → 11.8%+0.2 pts
- Auto Ancillaries5.2% → 5.4%+0.2 pts
- IT - Software6.4% → 3.2%−3.2 pts
- Ferrous Metals8.8% → 7.9%−1.0 pts
- Industrial Manufacturing6.5% → 6.1%−0.4 pts
- Leisure Services0.9% → 0.6%−0.3 pts
- Cement0.2% → 0.0%exited−0.2 pts
- Automobiles10.8% → 10.6%−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 | 19.6% | 20.0% | 21.0% | 23.8% | 17.1% | 19.3% |
| Electrical Equipment | 7.7% | 10.0% | 10.9% | 12.6% | 11.5% | 11.8% |
| Automobiles | 8.3% | 10.8% | 9.0% | 9.0% | 10.8% | 10.6% |
| Ferrous Metals | 7.1% | 9.9% | 7.5% | 8.6% | 8.8% | 7.9% |
| Petroleum Products | 0.6% | 4.5% | 9.8% | 4.5% | 4.5% | 6.2% |
| Industrial Manufacturing | 3.4% | 6.1% | 6.1% | 6.5% | 6.5% | 6.1% |
| Construction | 6.4% | 3.1% | 4.0% | 4.5% | 6.0% | 6.0% |
| Auto Ancillaries | 6.3% | 5.6% | 5.8% | 5.7% | 5.2% | 5.4% |
| Industrial Products | 5.6% | 6.6% | 4.3% | 3.8% | 3.5% | 3.5% |
| Diversified FMCG | 2.9% | 3.5% | 4.6% | 2.5% | 3.5% | 3.4% |
Allocation in Aug 2019change vs Jul 2019
- Banks (7)19.3%▲ 2.2 pts
- Electrical Equipment (5)11.8%▲ 0.2 pts
- Automobiles (3)10.6%▼ 0.2 pts
- Ferrous Metals (4)7.9%▼ 1.0 pts
- Petroleum Products (3)6.2%▲ 1.7 pts
- Industrial Manufacturing (2)6.1%▼ 0.4 pts
- Construction (3)6.0%
- Auto Ancillaries (4)5.4%▲ 0.2 pts
- Industrial Products (4)3.5%
- Diversified FMCG (1)3.4%▼ 0.1 pts
- IT - Software (1)3.2%▼ 3.2 pts
- Power (1)3.0%▲ 0.4 pts
- Agricultural, Commercial & Construction Vehicles (1)2.9%▼ 0.1 pts
- Pharmaceuticals & Biotechnology (1)2.5%▲ 0.1 pts
- Consumable Fuels (1)2.0%▼ 0.1 pts
- Finance (3)1.8%▲ 0.4 pts
- Chemicals & Petrochemicals (1)1.7%▲ 0.1 pts
- Cement & Cement Products (1)0.8%
- Aerospace & Defense (1)0.8%▲ 0.1 pts
- Leisure Services (1)0.6%▼ 0.3 pts
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
1.3%
▲ 0.9 pts vs Jul 2019
- Cash alone
- 1.4%
- cash and net receivables
- A year earlier
- 0.9%
- Aug 2018 · now ▲ 0.4 pts
- Last 12 months
- 0.1% – 2.6%
- lowest to highest · record 9.1% in Apr 2017
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.
The last 24 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Aug 2019 | ₹9,187 Cr | 49 | 1 | 1 | 1.4% | 1.3% | — |
| Jul 2019 | ₹9,659 Cr | 49 | 1 | 4 | 0.2% | 0.5% | — |
| Jun 2019 | ₹10,761 Cr | 52 | 3 | 2 | 0.4% | 0.3% | — |
| May 2019 | ₹10,914 Cr | 51 | 4 | 5 | 1.9% | 2.6% | — |
| Apr 2019 | ₹10,720 Cr | 52 | 0 | 0 | 0.1% | 0.1% | — |
| Mar 2019 | ₹10,695 Cr | 52 | 1 | 1 | 0.1% | 0.6% | — |
| Feb 2019 | ₹9,614 Cr | 52 | 3 | 6 | 0.1% | 0.1% | — |
| Jan 2019 | ₹9,799 Cr | 55 | 1 | 2 | 0.5% | 0.5% | — |
| Dec 2018 | ₹10,158 Cr | 56 | 3 | 4 | 0.4% | 0.4% | — |
| Nov 2018 | ₹9,848 Cr | 57 | 3 | 3 | 0.2% | 0.2% | — |
| Oct 2018 | ₹9,496 Cr | 57 | 3 | 3 | 0.5% | 0.5% | — |
| Sep 2018 | ₹9,630 Cr | 57 | 2 | 2 | 0.8% | 0.8% | — |
| Aug 2018 | ₹10,546 Cr | 57 | 3 | 3 | 0.9% | 0.9% | — |
| Jul 2018 | ₹10,083 Cr | 57 | 2 | 5 | 0.9% | 1.9% | — |
| Jun 2018 | ₹9,545 Cr | 60 | 1 | 6 | 2.5% | 2.6% | — |
| May 2018 | ₹9,996 Cr | 65 | 4 | 1 | 0.6% | 0.5% | — |
| Apr 2018 | ₹10,511 Cr | 62 | 4 | 4 | −0.1% | 0.2% | — |
| Mar 2018 | ₹9,924 Cr | 62 | 1 | 1 | 1.3% | 1.9% | — |
| Feb 2018 | ₹10,345 Cr | 62 | 2 | 4 | 2.1% | 2.3% | — |
| Jan 2018 | ₹10,811 Cr | 64 | 5 | 6 | 0.6% | 1.1% | — |
| Dec 2017 | ₹10,758 Cr | 65 | 2 | 2 | 0.1% | 1.0% | — |
| Nov 2017 | ₹10,157 Cr | 65 | 3 | 3 | 0.6% | 0.6% | — |
| Oct 2017 | ₹9,983 Cr | 65 | 4 | 7 | 0.3% | 1.8% | — |
| Sep 2017 | ₹9,114 Cr | 68 | 3 | 5 | 1.8% | 3.5% | — |
For any of the 60 earlier months, choose it in “Portfolio as of” at the top of the page.