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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
₹1,703 Cr
down ₹167 Cr vs Jun 2013
- Stocks held
- 49
- unchanged
- Top 10 weight
- 41.8%
- 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 July 2013 it disclosed 49 stocks worth ₹1,703 Cr, down ₹167 Cr from Jun 2013. Its largest positions were Eicher Motors Limited (6.6%), Maruti Suzuki India Limited (4.7%), State Bank of India (4.7%); the ten largest together made up 41.8% of the portfolio, and Automobiles was the biggest sector at 15.7% of its equity. Cash and debt stood at 1.1%. Compared with Jun 2013 the fund entered 5 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
11%
Holds more cash than 11% of peers
What these mean: concentration · cash
Holdings in July 2013
Download CSVEvery line the fund disclosed, with the change against Jun 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 | 6.62% | up 0.83 pts | ₹113 Cr | up ₹4.5 Cr | Added |
| Maruti Suzuki India Limited | 4.70% | down 0.26 pts | ₹80 Cr | down ₹12.8 Cr | Trimmed |
| State Bank of India | 4.70% | down 0.19 pts | ₹80 Cr | down ₹11.5 Cr | Trimmed |
| TVS Motor Company Limited | 4.18% | up 0.26 pts | ₹71.2 Cr | down ₹2.1 Cr | Trimmed |
| Bharat Forge Limited | 4.10% | down 0.06 pts | ₹69.9 Cr | down ₹8 Cr | Trimmed |
| Sanofi India Limited | 4.06% | down 0.39 pts | ₹69.1 Cr | down ₹14.1 Cr | Trimmed |
| Larsen & Toubro Limited | 3.58% | down 2.11 pts | ₹61 Cr | down ₹45.4 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 3.43% | up 0.34 pts | ₹58.4 Cr | up ₹60 L | Added |
| GE Vernova T&D India Limited | 3.25% | down 0.36 pts | ₹55.3 Cr | down ₹12.1 Cr | Trimmed |
| Trent Limited | 3.18% | up 0.34 pts | ₹54.1 Cr | up ₹1.1 Cr | Added |
| Divi's Laboratories Limited | 3.10% | down 0.38 pts | ₹52.8 Cr | down ₹12.3 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 3.10% | up 0.61 pts | ₹52.7 Cr | up ₹6.2 Cr | Added |
| Info Edge (India) Limited | 2.59% | up 0.38 pts | ₹44.1 Cr | up ₹2.8 Cr | Added |
| The Ramco Cements Limited | 2.56% | down 0.54 pts | ₹43.6 Cr | down ₹14.3 Cr | Trimmed |
| JK Cement Limited | 2.49% | down 0.01 pts | ₹42.5 Cr | down ₹4.3 Cr | Trimmed |
| Canara Bank | 2.32% | down 0.46 pts | ₹39.4 Cr | down ₹12.5 Cr | Trimmed |
| Hathway Cable & Datacom Limited | 2.31% | up 0.17 pts | ₹39.3 Cr | down ₹60 L | Trimmed |
| Honeywell Automation India Limited | 2.28% | up 1.06 pts | ₹38.8 Cr | up ₹16 Cr | Added |
| Cummins India Limited | 2.26% | down 0.04 pts | ₹38.5 Cr | down ₹4.6 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 2.24% | down 0.20 pts | ₹38.1 Cr | down ₹7.5 Cr | Trimmed |
| Swaraj Engines Limited | 2.23% | down 0.06 pts | ₹37.9 Cr | down ₹4.8 Cr | Trimmed |
| Siemens Limited | 2.23% | up 0.08 pts | ₹37.9 Cr | down ₹2.3 Cr | Trimmed |
| Jindal Steel & Power Limited | 2.11% | up 1.42 pts | ₹36 Cr | up ₹23 Cr | Added |
| CG Power and Industrial Solutions Limited | 2.09% | up 0.32 pts | ₹35.6 Cr | up ₹2.6 Cr | Added |
| SML ISUZU LTD. | 1.97% | up 0.08 pts | ₹33.6 Cr | down ₹1.8 Cr | Trimmed |
| KSB Limited | 1.79% | up 0.16 pts | ₹30.4 Cr | down ₹5 L | Held |
| ABB India Limited | 1.63% | down 0.20 pts | ₹27.8 Cr | down ₹6.4 Cr | Trimmed |
| LIC Housing Finance Limited | 1.49% | down 0.60 pts | ₹25.4 Cr | down ₹13.6 Cr | Trimmed |
| Shoppers Stop Limited | 1.48% | down 0.01 pts | ₹25.2 Cr | down ₹2.7 Cr | Trimmed |
| SKF India Limited | 1.34% | down 0.20 pts | ₹22.8 Cr | down ₹6 Cr | Trimmed |
| Triveni Turbine Limited | 1.29% | down 0.13 pts | ₹22 Cr | down ₹4.6 Cr | Trimmed |
| Kennametal India Limited | 1.23% | up 0.06 pts | ₹20.9 Cr | down ₹85 L | Trimmed |
| Lakshmi Machine Works Limited | 1.13% | up 0.07 pts | ₹19.2 Cr | down ₹62 L | Trimmed |
| Anant Raj Limited | 1.10% | up 0.03 pts | ₹18.8 Cr | down ₹1.4 Cr | Trimmed |
| Cash, TREPS & receivables | 1.10% | down 0.69 pts | ₹18.7 Cr | down ₹14.6 Cr | Trimmed |
| Reliance Infrastructure Limited | 1.08% | up 1.08 pts | ₹18.4 Cr | up ₹18.4 Cr | New |
| Strides Pharma Science Limited | 0.94% | up 0.94 pts | ₹15.9 Cr | up ₹15.9 Cr | New |
| Tree House Education & Accessories Ltd | 0.82% | up 0.12 pts | ₹13.9 Cr | up ₹94 L | Added |
| HDFC Bank Limited | 0.81% | up 0.81 pts | ₹13.7 Cr | up ₹13.7 Cr | New |
| Reliance Communications Ltd | 0.79% | up 0.18 pts | ₹13.5 Cr | up ₹2 Cr | Added |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.70% | down 0.04 pts | ₹12 Cr | down ₹2 Cr | Trimmed |
| Indian Metals & Ferro Alloys Limited | 0.70% | down 0.06 pts | ₹11.9 Cr | down ₹2.4 Cr | Trimmed |
| Sundaram Clayton Limited | 0.61% | up 0.19 pts | ₹10.3 Cr | up ₹2.6 Cr | Added |
| Ramkrishna Forgings Limited | 0.54% | up 0.01 pts | ₹9.1 Cr | down ₹68 L | Trimmed |
| Yes Bank Limited | 0.51% | down 0.15 pts | ₹8.7 Cr | down ₹3.7 Cr | Trimmed |
| Reliance Industries Limited | 0.37% | up 0.37 pts | ₹6.3 Cr | up ₹6.3 Cr | New |
| Automotive Axles Limited | 0.34% | up 0.02 pts | ₹5.8 Cr | down ₹11 L | Trimmed |
| Talwalkars Better Value Fitness Ltd | 0.28% | up 0.03 pts | ₹4.8 Cr | up ₹9 L | Added |
| Aurionpro Solution Ltd. | 0.15% | down 0.01 pts | ₹2.6 Cr | down ₹43 L | Trimmed |
| Reliance Power Limited | 0.13% | up 0.13 pts | ₹2.2 Cr | up ₹2.2 Cr | New |
What changed, Jun 2013 to Jul 2013
New New positions (5)
- Reliance Infrastructure Limited1.1% · ₹18.4 Cr
- Strides Pharma Science Limited0.9% · ₹15.9 Cr
- HDFC Bank Limited0.8% · ₹13.7 Cr
- Reliance Industries Limited0.4% · ₹6.3 Cr
- Reliance Power Limited0.1% · ₹2.2 Cr
Exited Exited (5)
- Bajaj Finance Limitedwas 1.3% · ₹23.6 Cr
- Linde India Limitedwas 0.9% · ₹16.8 Cr
- BEML Limitedwas 0.5% · ₹9.5 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 Jun 2013, the weight rose most in Ferrous Metals (+1.4 pts) and Power (+1.2 pts), and fell most in Construction (−2.2 pts) and Finance (−1.9 pts).
- Ferrous Metals1.5% → 2.8%+1.4 pts
- Power0.0% → 1.2%new+1.2 pts
- Industrial Manufacturing2.3% → 3.4%+1.1 pts
- Pharmaceuticals0.0% → 0.9%new+0.9 pts
- Automobiles14.9% → 15.7%+0.7 pts
- Retailing6.7% → 7.3%+0.7 pts
- Construction5.8% → 3.6%−2.2 pts
- Finance3.4% → 1.5%−1.9 pts
- Chemicals & Petrochemicals0.9% → 0.0%exited−0.9 pts
- Pharmaceuticals & Biotechnology8.1% → 7.2%−0.8 pts
- Cement & Cement Products5.7% → 5.1%−0.6 pts
- Agricultural, Commercial & Construction Vehicles0.5% → 0.0%exited−0.5 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 | Jan 2013 | Apr 2013 | Jun 2013 | Jul 2013 |
|---|---|---|---|---|
| Automobiles | 15.3% | 15.5% | 14.9% | 15.7% |
| Electrical Equipment | 12.6% | 12.1% | 13.5% | 13.7% |
| Industrial Products | 11.6% | 11.8% | 12.1% | 11.8% |
| Banks | 9.1% | 8.8% | 8.5% | 8.4% |
| Retailing | 6.3% | 6.7% | 6.7% | 7.3% |
| Pharmaceuticals & Biotechnology | 7.6% | 8.3% | 8.1% | 7.2% |
| Cement & Cement Products | 6.7% | 5.5% | 5.7% | 5.1% |
| Auto Ancillaries | 2.4% | 3.3% | 3.9% | 4.4% |
| Construction | 3.0% | 4.6% | 5.8% | 3.6% |
| Industrial Manufacturing | 1.6% | 1.9% | 2.3% | 3.4% |
Allocation in Jul 2013change vs Jun 2013
- Automobiles (3)15.7%▲ 0.7 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, Jul 2013
1.1%
▼ 0.7 pts vs Jun 2013
- Cash alone
- 1.1%
- 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.