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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
₹2,106 Cr
down ₹58.6 Cr vs Dec 2012
- Stocks held
- 48
- down 1 vs Dec 2012
- Top 10 weight
- 41.6%
- of the portfolio in its ten largest
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In January 2013 it disclosed 48 stocks worth ₹2,106 Cr, down ₹58.6 Cr from Dec 2012. Its largest positions were Eicher Motors Limited (6.4%), State Bank of India (5.7%), Maruti Suzuki India Limited (4.7%); the ten largest together made up 41.6% of the portfolio, and Automobiles was the biggest sector at 15.3% of its equity. Cash and debt stood at 2.1%. Compared with Dec 2012 the fund entered 4 new stocks and exited 5.
Against 47 other ELSS (tax saving) funds
Concentration
53%
Top-10 weight is higher than 53% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
32%
Holds more cash than 32% of peers
What these mean: concentration · cash
Holdings in January 2013
Download CSVEvery line the fund disclosed, with the change against Dec 2012. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Eicher Motors Limited | 6.43% | down 0.09 pts | ₹135 Cr | down ₹5.8 Cr | Trimmed |
| State Bank of India | 5.73% | down 0.52 pts | ₹121 Cr | down ₹14.6 Cr | Trimmed |
| Maruti Suzuki India Limited | 4.73% | down 0.23 pts | ₹99.6 Cr | down ₹7.6 Cr | Trimmed |
| Sanofi India Limited | 3.86% | up 0.12 pts | ₹81.2 Cr | up ₹41 L | Added |
| TVS Motor Company Limited | 3.79% | up 0.33 pts | ₹79.9 Cr | up ₹4.9 Cr | Added |
| The Ramco Cements Limited | 3.71% | down 0.89 pts | ₹78.1 Cr | down ₹21.5 Cr | Trimmed |
| Divi's Laboratories Limited | 3.59% | down 0.08 pts | ₹75.6 Cr | down ₹3.9 Cr | Trimmed |
| Cummins India Limited | 3.33% | down <0.01 pts | ₹70.1 Cr | down ₹2 Cr | Trimmed |
| GE Vernova T&D India Limited | 3.25% | up 0.01 pts | ₹68.5 Cr | down ₹1.7 Cr | Trimmed |
| Bharat Forge Limited | 3.15% | down 0.02 pts | ₹66.4 Cr | down ₹2.2 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 3.08% | up 0.49 pts | ₹64.9 Cr | up ₹8.9 Cr | Added |
| Bajaj Finance Limited | 3.07% | down 0.06 pts | ₹64.6 Cr | down ₹3 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 2.85% | up 0.14 pts | ₹60 Cr | up ₹1.3 Cr | Added |
| JK Cement Limited | 2.84% | down 0.17 pts | ₹59.7 Cr | down ₹5.4 Cr | Trimmed |
| Trent Limited | 2.73% | down 0.30 pts | ₹57.5 Cr | down ₹8 Cr | Trimmed |
| Canara Bank | 2.47% | up 1.43 pts | ₹52 Cr | up ₹29.5 Cr | Added |
| SML ISUZU LTD. | 2.46% | down 0.18 pts | ₹51.9 Cr | down ₹5.3 Cr | Trimmed |
| Larsen & Toubro Limited | 2.37% | up 0.63 pts | ₹50 Cr | up ₹12.3 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.35% | down 0.01 pts | ₹49.4 Cr | down ₹1.6 Cr | Trimmed |
| Info Edge (India) Limited | 2.29% | up 0.06 pts | ₹48.3 Cr | up ₹4 L | Held |
| LIC Housing Finance Limited | 2.29% | down 0.02 pts | ₹48.1 Cr | down ₹1.7 Cr | Trimmed |
| ABB India Limited | 2.15% | down 0.35 pts | ₹45.2 Cr | down ₹8.8 Cr | Trimmed |
| Cash, TREPS & receivables | 2.10% | up 1.98 pts | ₹44.3 Cr | up ₹41.7 Cr | Added |
| Swaraj Engines Limited | 2.00% | down 0.02 pts | ₹42.2 Cr | down ₹1.6 Cr | Trimmed |
| Oil & Natural Gas Corporation Limited | 1.89% | up 1.89 pts | ₹39.7 Cr | up ₹39.7 Cr | New |
| Triveni Turbine Limited | 1.87% | up 0.07 pts | ₹39.3 Cr | up ₹49 L | Added |
| Hathway Cable & Datacom Limited | 1.69% | down 0.15 pts | ₹35.6 Cr | down ₹4.2 Cr | Trimmed |
| SKF India Limited | 1.59% | down 0.12 pts | ₹33.5 Cr | down ₹3.5 Cr | Trimmed |
| Anant Raj Limited | 1.48% | down 0.11 pts | ₹31.1 Cr | down ₹3.2 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 1.37% | up 1.37 pts | ₹28.9 Cr | up ₹28.9 Cr | New |
| KSB Limited | 1.28% | down 0.20 pts | ₹27 Cr | down ₹5.1 Cr | Trimmed |
| Shoppers Stop Limited | 1.14% | down 0.03 pts | ₹24.1 Cr | down ₹1.4 Cr | Trimmed |
| Lakshmi Machine Works Limited | 1.13% | down <0.01 pts | ₹23.7 Cr | down ₹74 L | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.05% | up 0.11 pts | ₹22.1 Cr | up ₹1.8 Cr | Added |
| Spicejet Limited | 1.01% | down 0.21 pts | ₹21.3 Cr | down ₹5.1 Cr | Trimmed |
| Bharat Petroleum Corporation Limited | 0.95% | down <0.01 pts | ₹19.9 Cr | down ₹58 L | Trimmed |
| Siemens Limited | 0.87% | down 0.01 pts | ₹18.4 Cr | down ₹68 L | Trimmed |
| BEML Limited | 0.78% | down 0.02 pts | ₹16.3 Cr | down ₹85 L | Trimmed |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.76% | up 0.07 pts | ₹16 Cr | up ₹1.1 Cr | Added |
| Tree House Education & Accessories Ltd | 0.70% | up 0.02 pts | ₹14.8 Cr | up ₹11 L | Added |
| Ramkrishna Forgings Limited | 0.69% | down 0.02 pts | ₹14.5 Cr | down ₹92 L | Trimmed |
| Yes Bank Limited | 0.67% | up 0.67 pts | ₹14.1 Cr | up ₹14.1 Cr | New |
| Fairfield Atlas Ltd | 0.59% | down 0.09 pts | ₹12.4 Cr | down ₹2.2 Cr | Trimmed |
| Engineers India Limited | 0.54% | down <0.01 pts | ₹11.4 Cr | down ₹42 L | Trimmed |
| Honeywell Automation India Limited | 0.48% | up 0.05 pts | ₹10.2 Cr | up ₹78 L | Added |
| Talwalkars Better Value Fitness Ltd | 0.31% | down 0.07 pts | ₹6.5 Cr | down ₹1.6 Cr | Trimmed |
| Reliance Communications Ltd | 0.24% | up 0.03 pts | ₹5 Cr | up ₹53 L | Added |
| Aurionpro Solution Ltd. | 0.22% | down 0.04 pts | ₹4.7 Cr | down ₹95 L | Trimmed |
| Bajaj Finance Ltd (Rights) | 0.07% | up 0.07 pts | ₹1.5 Cr | up ₹1.5 Cr | New |
What changed, Dec 2012 to Jan 2013
New New positions (4)
- Oil & Natural Gas Corporation Limited1.9% · ₹39.7 Cr
- CG Power and Industrial Solutions Limited1.4% · ₹28.9 Cr
- Yes Bank Limited0.7% · ₹14.1 Cr
- Bajaj Finance Ltd (Rights)0.1% · ₹1.5 Cr
Exited Exited (5)
- ICICI Bank Limitedwas 3.1% · ₹66.5 Cr
- JSW Steel Limitedwas 1.0% · ₹21.9 Cr
- Torrent Power Limitedwas 0.9% · ₹19.2 Cr
- VA Tech Wabag Ltdwas 0.5% · ₹10.9 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 Dec 2012, the weight rose most in Oil (+1.9 pts) and Electrical Equipment (+1.5 pts), and fell most in Banks (−1.3 pts) and Cement & Cement Products (−0.9 pts).
- Oil0.0% → 1.9%new+1.9 pts
- Electrical Equipment11.1% → 12.6%+1.5 pts
- Construction2.3% → 3.0%+0.7 pts
- Petroleum Products3.5% → 4.1%+0.6 pts
- Automobiles15.0% → 15.3%+0.3 pts
- Pharmaceuticals & Biotechnology7.4% → 7.6%+0.2 pts
- Banks10.4% → 9.1%−1.3 pts
- Cement & Cement Products7.6% → 6.7%−0.9 pts
- Power0.9% → 0.0%exited−0.9 pts
- Ferrous Metals2.0% → 1.1%−0.9 pts
- Engineering Services0.5% → 0.0%exited−0.5 pts
- Transportation1.2% → 1.0%−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 | Oct 2012 | Dec 2012 | Jan 2013 |
|---|---|---|---|
| Automobiles | 15.3% | 15.0% | 15.3% |
| Electrical Equipment | 13.6% | 11.1% | 12.6% |
| Industrial Products | 12.0% | 11.7% | 11.6% |
| Banks | 10.0% | 10.4% | 9.1% |
| Pharmaceuticals & Biotechnology | 7.5% | 7.4% | 7.6% |
| Cement & Cement Products | 6.7% | 7.6% | 6.7% |
| Retailing | 6.2% | 6.4% | 6.3% |
| Finance | 4.9% | 5.4% | 5.5% |
| Petroleum Products | 3.5% | 3.5% | 4.1% |
| Construction | 2.7% | 2.3% | 3.0% |
Allocation in Jan 2013change vs Dec 2012
- Automobiles (3)15.3%▲ 0.3 pts
- Electrical Equipment (6)12.6%▲ 1.5 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, Jan 2013
2.1%
▲ 2.0 pts vs Dec 2012
- Cash alone
- 2.1%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- <0.1% – 2.1%
- lowest to highest · record 2.1% in Jan 2013
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.