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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
₹1,870 Cr
down ₹100 Cr vs May 2013
- Stocks held
- 49
- up 3 vs May 2013
- Top 10 weight
- 44.0%
- 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 June 2013 it disclosed 49 stocks worth ₹1,870 Cr, down ₹100 Cr from May 2013. Its largest positions were Eicher Motors Limited (5.8%), Larsen & Toubro Limited (5.7%), Maruti Suzuki India Limited (5.0%); the ten largest together made up 44.0% of the portfolio, and Automobiles was the biggest sector at 14.9% of its equity. Cash and debt stood at 1.8%. Compared with May 2013 the fund entered 4 new stocks and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
60%
Top-10 weight is higher than 60% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
26%
Holds more cash than 26% of peers
What these mean: concentration · cash
Holdings in June 2013
Download CSVEvery line the fund disclosed, with the change against May 2013. 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 | 5.78% | down 1.80 pts | ₹108 Cr | down ₹41.2 Cr | Trimmed |
| Larsen & Toubro Limited | 5.69% | up 0.76 pts | ₹106 Cr | up ₹9.4 Cr | Added |
| Maruti Suzuki India Limited | 4.96% | down 0.10 pts | ₹92.7 Cr | down ₹7 Cr | Trimmed |
| State Bank of India | 4.89% | up 0.68 pts | ₹91.4 Cr | up ₹8.5 Cr | Added |
| Sanofi India Limited | 4.45% | down <0.01 pts | ₹83.2 Cr | down ₹4.5 Cr | Trimmed |
| Bharat Forge Limited | 4.16% | up 0.16 pts | ₹77.8 Cr | down ₹1 Cr | Trimmed |
| TVS Motor Company Limited | 3.92% | down 0.01 pts | ₹73.4 Cr | down ₹4.2 Cr | Trimmed |
| GE Vernova T&D India Limited | 3.61% | up 0.42 pts | ₹67.4 Cr | up ₹4.7 Cr | Added |
| Divi's Laboratories Limited | 3.48% | up 0.22 pts | ₹65.1 Cr | up ₹89 L | Added |
| The Ramco Cements Limited | 3.10% | up 0.66 pts | ₹57.9 Cr | up ₹9.8 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 3.09% | up 0.14 pts | ₹57.8 Cr | down ₹33 L | Trimmed |
| Trent Limited | 2.84% | down 0.08 pts | ₹53 Cr | down ₹4.4 Cr | Trimmed |
| Canara Bank | 2.78% | down 0.23 pts | ₹51.9 Cr | down ₹7.4 Cr | Trimmed |
| JK Cement Limited | 2.50% | up 0.11 pts | ₹46.7 Cr | down ₹26 L | Trimmed |
| Schneider Electric Infrastructure Limited | 2.49% | down 0.15 pts | ₹46.5 Cr | down ₹5.5 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 2.44% | down 0.14 pts | ₹45.6 Cr | down ₹5.1 Cr | Trimmed |
| Cummins India Limited | 2.30% | down 0.29 pts | ₹43.1 Cr | down ₹7.9 Cr | Trimmed |
| Swaraj Engines Limited | 2.28% | up 0.12 pts | ₹42.7 Cr | up ₹11 L | Held |
| Info Edge (India) Limited | 2.21% | down 0.19 pts | ₹41.3 Cr | down ₹6 Cr | Trimmed |
| Siemens Limited | 2.15% | up 0.55 pts | ₹40.2 Cr | up ₹8.8 Cr | Added |
| Hathway Cable & Datacom Limited | 2.13% | up 0.09 pts | ₹39.9 Cr | down ₹44 L | Trimmed |
| LIC Housing Finance Limited | 2.08% | up 0.10 pts | ₹39 Cr | down ₹18 L | Held |
| SML ISUZU LTD. | 1.90% | up 0.02 pts | ₹35.4 Cr | down ₹1.4 Cr | Trimmed |
| ABB India Limited | 1.83% | up 0.04 pts | ₹34.2 Cr | down ₹1.1 Cr | Trimmed |
| Cash, TREPS & receivables | 1.78% | down 0.02 pts | ₹33.3 Cr | down ₹2.2 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 1.77% | up 0.48 pts | ₹33 Cr | up ₹7.7 Cr | Added |
| KSB Limited | 1.63% | up 0.12 pts | ₹30.5 Cr | up ₹70 L | Added |
| SKF India Limited | 1.54% | down 0.05 pts | ₹28.7 Cr | down ₹2.6 Cr | Trimmed |
| Shoppers Stop Limited | 1.49% | up 0.13 pts | ₹27.9 Cr | up ₹1.1 Cr | Added |
| Triveni Turbine Limited | 1.43% | down 0.73 pts | ₹26.7 Cr | down ₹15.8 Cr | Trimmed |
| Bajaj Finance Limited | 1.26% | down 1.63 pts | ₹23.6 Cr | down ₹33.4 Cr | Trimmed |
| Honeywell Automation India Limited | 1.22% | up 0.29 pts | ₹22.8 Cr | up ₹4.4 Cr | Added |
| Kennametal India Limited | 1.16% | down 0.07 pts | ₹21.8 Cr | down ₹2.5 Cr | Trimmed |
| Anant Raj Limited | 1.08% | down 0.18 pts | ₹20.1 Cr | down ₹4.6 Cr | Trimmed |
| Lakshmi Machine Works Limited | 1.06% | down 0.01 pts | ₹19.8 Cr | down ₹1.3 Cr | Trimmed |
| Linde India Limited | 0.90% | up 0.08 pts | ₹16.8 Cr | up ₹77 L | Added |
| Indian Metals & Ferro Alloys Limited | 0.77% | down 0.05 pts | ₹14.3 Cr | down ₹1.7 Cr | Trimmed |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.75% | down 0.13 pts | ₹14 Cr | down ₹3.2 Cr | Trimmed |
| Tree House Education & Accessories Ltd | 0.69% | down 0.07 pts | ₹13 Cr | down ₹2.1 Cr | Trimmed |
| Jindal Steel & Power Limited | 0.69% | up 0.69 pts | ₹12.9 Cr | up ₹12.9 Cr | New |
| Yes Bank Limited | 0.67% | down <0.01 pts | ₹12.4 Cr | down ₹71 L | Trimmed |
| Reliance Communications Ltd | 0.61% | up 0.61 pts | ₹11.4 Cr | up ₹11.4 Cr | New |
| Ramkrishna Forgings Limited | 0.52% | down 0.07 pts | ₹9.8 Cr | down ₹1.8 Cr | Trimmed |
| BEML Limited | 0.51% | down 0.04 pts | ₹9.5 Cr | down ₹1.3 Cr | Trimmed |
| Sundaram Clayton Limited | 0.42% | up 0.42 pts | ₹7.8 Cr | up ₹7.8 Cr | New |
| Automotive Axles Limited | 0.32% | up <0.01 pts | ₹5.9 Cr | down ₹25 L | Trimmed |
| Bharat Petroleum Corporation Limited | 0.26% | up 0.26 pts | ₹5 Cr | up ₹5 Cr | New |
| Talwalkars Better Value Fitness Ltd | 0.25% | down <0.01 pts | ₹4.7 Cr | down ₹26 L | Trimmed |
| Aurionpro Solution Ltd. | 0.16% | down 0.01 pts | ₹3 Cr | down ₹29 L | Trimmed |
| Bank of Baroda | 0.01% | down 0.34 pts | ₹23 L | down ₹6.8 Cr | Trimmed |
What changed, May 2013 to Jun 2013
New New positions (4)
- Jindal Steel & Power Limited0.7% · ₹12.9 Cr
- Reliance Communications Ltd0.6% · ₹11.4 Cr
- Sundaram Clayton Limited0.4% · ₹7.8 Cr
- Bharat Petroleum Corporation Limited0.3% · ₹5 Cr
Exited Exited (1)
- Oil India Limitedwas 0.8% · ₹15.2 Cr
Added Biggest additions
- The Ramco Cements Limitedup ₹9.8 Cr (+0.66% 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 May 2013, the weight rose most in Cement & Cement Products (+0.8 pts) and Construction (+0.8 pts), and fell most in Automobiles (−2.0 pts) and Finance (−1.6 pts).
- Cement & Cement Products4.9% → 5.7%+0.8 pts
- Construction5.0% → 5.8%+0.8 pts
- Ferrous Metals0.8% → 1.5%+0.7 pts
- Telecom - Services0.0% → 0.6%new+0.6 pts
- Electrical Equipment12.9% → 13.5%+0.6 pts
- Auto Ancillaries3.3% → 3.9%+0.6 pts
- Automobiles16.9% → 14.9%−2.0 pts
- Finance5.0% → 3.4%−1.6 pts
- Oil0.8% → 0.0%exited−0.8 pts
- Realty1.3% → 1.1%−0.2 pts
- Retailing6.8% → 6.7%−0.1 pts
- Consumer Durables0.9% → 0.8%−0.1 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 | Dec 2012 | Mar 2013 | May 2013 | Jun 2013 |
|---|---|---|---|---|
| Automobiles | 15.0% | 13.7% | 16.9% | 14.9% |
| Electrical Equipment | 11.1% | 11.7% | 12.9% | 13.5% |
| Industrial Products | 11.7% | 11.5% | 12.1% | 12.1% |
| Banks | 10.4% | 10.4% | 8.4% | 8.5% |
| Pharmaceuticals & Biotechnology | 7.4% | 8.6% | 7.9% | 8.1% |
| Retailing | 6.4% | 7.0% | 6.8% | 6.7% |
| Construction | 2.3% | 3.6% | 5.0% | 5.8% |
| Cement & Cement Products | 7.6% | 5.7% | 4.9% | 5.7% |
| Auto Ancillaries | 2.5% | 3.0% | 3.3% | 3.9% |
| Finance | 5.4% | 5.1% | 5.0% | 3.4% |
Allocation in Jun 2013change vs May 2013
- Automobiles (3)14.9%▼ 2.0 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, Jun 2013
1.8%
unchanged vs May 2013
- Cash alone
- 1.8%
- 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.