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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
₹1,650 Cr
down ₹52.5 Cr vs Jul 2013
- Stocks held
- 50
- up 1 vs Jul 2013
- Top 10 weight
- 37.8%
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In August 2013 it disclosed 50 stocks worth ₹1,650 Cr, down ₹52.5 Cr from Jul 2013. Its largest positions were Reliance Industries Limited (4.7%), State Bank of India (4.6%), TVS Motor Company Limited (4.4%); the ten largest together made up 37.8% of the portfolio, and Electrical Equipment was the biggest sector at 11.7% of its equity. Cash and debt stood at 4.2%. Compared with Jul 2013 the fund entered 6 new stocks and exited 5.
Against 47 other ELSS (tax saving) funds
Concentration
32%
Top-10 weight is higher than 32% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
74%
Holds more cash than 74% of peers
What these mean: concentration · cash
Holdings in August 2013
Download CSVEvery line the fund disclosed, with the change against Jul 2013. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Reliance Industries Limited | 4.66% | up 4.29 pts | ₹76.8 Cr | up ₹70.6 Cr | Added |
| State Bank of India | 4.56% | down 0.14 pts | ₹75.2 Cr | down ₹4.8 Cr | Trimmed |
| TVS Motor Company Limited | 4.38% | up 0.20 pts | ₹72.3 Cr | up ₹1.1 Cr | Added |
| Cash, TREPS & receivables | 4.24% | up 3.14 pts | ₹70 Cr | up ₹51.3 Cr | Added |
| Sanofi India Limited | 4.23% | up 0.17 pts | ₹69.7 Cr | up ₹66 L | Added |
| Bharat Forge Limited | 3.55% | down 0.55 pts | ₹58.6 Cr | down ₹11.3 Cr | Trimmed |
| GE Vernova T&D India Limited | 3.48% | up 0.23 pts | ₹57.4 Cr | up ₹2 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 3.43% | down <0.01 pts | ₹56.6 Cr | down ₹1.9 Cr | Trimmed |
| Divi's Laboratories Limited | 3.25% | up 0.15 pts | ₹53.7 Cr | up ₹88 L | Added |
| Larsen & Toubro Limited | 3.16% | down 0.42 pts | ₹52.2 Cr | down ₹8.8 Cr | Trimmed |
| HDFC Bank Limited | 3.08% | up 2.27 pts | ₹50.8 Cr | up ₹37.1 Cr | Added |
| Trent Limited | 3.08% | down 0.10 pts | ₹50.8 Cr | down ₹3.3 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 2.95% | down 0.15 pts | ₹48.6 Cr | down ₹4.1 Cr | Trimmed |
| The Ramco Cements Limited | 2.76% | up 0.20 pts | ₹45.5 Cr | up ₹1.9 Cr | Added |
| Eicher Motors Limited | 2.62% | down 4.00 pts | ₹43.2 Cr | down ₹69.5 Cr | Trimmed |
| JK Cement Limited | 2.56% | up 0.07 pts | ₹42.3 Cr | down ₹14 L | Held |
| Jindal Steel & Power Limited | 2.39% | up 0.28 pts | ₹39.5 Cr | up ₹3.5 Cr | Added |
| Honeywell Automation India Limited | 2.29% | up 0.01 pts | ₹37.8 Cr | down ₹97 L | Trimmed |
| Hathway Cable & Datacom Limited | 2.24% | down 0.07 pts | ₹37 Cr | down ₹2.3 Cr | Trimmed |
| SML ISUZU LTD. | 2.00% | up 0.02 pts | ₹33 Cr | down ₹63 L | Trimmed |
| Hindustan Petroleum Corporation Limited | 1.83% | down 0.41 pts | ₹30.2 Cr | down ₹7.9 Cr | Trimmed |
| Info Edge (India) Limited | 1.82% | down 0.77 pts | ₹30 Cr | down ₹14.1 Cr | Trimmed |
| Cummins India Limited | 1.80% | down 0.46 pts | ₹29.7 Cr | down ₹8.8 Cr | Trimmed |
| Canara Bank | 1.77% | down 0.55 pts | ₹29.2 Cr | down ₹10.2 Cr | Trimmed |
| LIC Housing Finance Limited | 1.72% | up 0.23 pts | ₹28.4 Cr | up ₹3 Cr | Added |
| Siemens Limited | 1.72% | down 0.51 pts | ₹28.3 Cr | down ₹9.6 Cr | Trimmed |
| Swaraj Engines Limited | 1.71% | down 0.52 pts | ₹28.2 Cr | down ₹9.8 Cr | Trimmed |
| Shoppers Stop Limited | 1.69% | up 0.21 pts | ₹27.9 Cr | up ₹2.6 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 1.67% | up 0.97 pts | ₹27.6 Cr | up ₹15.6 Cr | Added |
| CG Power and Industrial Solutions Limited | 1.64% | down 0.46 pts | ₹27 Cr | down ₹8.6 Cr | Trimmed |
| KSB Limited | 1.61% | down 0.17 pts | ₹26.6 Cr | down ₹3.8 Cr | Trimmed |
| Reliance Infrastructure Limited | 1.59% | up 0.50 pts | ₹26.2 Cr | up ₹7.7 Cr | Added |
| ABB India Limited | 1.39% | down 0.24 pts | ₹23 Cr | down ₹4.8 Cr | Trimmed |
| Maruti Suzuki India Limited | 1.36% | down 3.34 pts | ₹22.4 Cr | down ₹57.6 Cr | Trimmed |
| Kennametal India Limited | 1.22% | down 0.01 pts | ₹20.1 Cr | down ₹83 L | Trimmed |
| UltraTech Cement Limited | 1.21% | up 1.21 pts | ₹19.9 Cr | up ₹19.9 Cr | New |
| Housing Development Finance Corporation Limited | 1.18% | up 1.18 pts | ₹19.4 Cr | up ₹19.4 Cr | New |
| Anant Raj Limited | 1.01% | down 0.09 pts | ₹16.6 Cr | down ₹2.1 Cr | Trimmed |
| Prestige Estates Projects Limited | 0.95% | up 0.95 pts | ₹15.7 Cr | up ₹15.7 Cr | New |
| Ambuja Cements Limited | 0.94% | up 0.94 pts | ₹15.4 Cr | up ₹15.4 Cr | New |
| Reliance Communications Ltd | 0.72% | down 0.07 pts | ₹11.9 Cr | down ₹1.6 Cr | Trimmed |
| Tree House Education & Accessories Ltd | 0.71% | down 0.10 pts | ₹11.8 Cr | down ₹2.1 Cr | Trimmed |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.71% | up <0.01 pts | ₹11.7 Cr | down ₹29 L | Trimmed |
| Sundaram Clayton Limited | 0.63% | up 0.03 pts | ₹10.5 Cr | up ₹12 L | Added |
| Hindalco Industries Limited | 0.57% | up 0.57 pts | ₹9.5 Cr | up ₹9.5 Cr | New |
| Ramkrishna Forgings Limited | 0.55% | up 0.02 pts | ₹9.1 Cr | up ₹3 L | Held |
| Yes Bank Limited | 0.55% | up 0.03 pts | ₹9 Cr | up ₹26 L | Added |
| Automotive Axles Limited | 0.32% | down 0.02 pts | ₹5.3 Cr | down ₹52 L | Trimmed |
| Talwalkars Better Value Fitness Ltd | 0.23% | down 0.06 pts | ₹3.8 Cr | down ₹1.1 Cr | Trimmed |
| GlaxoSmithKline Pharmaceuticals Limited | 0.19% | up 0.19 pts | ₹3.1 Cr | up ₹3.1 Cr | New |
What changed, Jul 2013 to Aug 2013
New New positions (6)
- UltraTech Cement Limited1.2% · ₹19.9 Cr
- Housing Development Finance Corporation Limited1.2% · ₹19.4 Cr
- Prestige Estates Projects Limited0.9% · ₹15.7 Cr
- Ambuja Cements Limited0.9% · ₹15.4 Cr
- Hindalco Industries Limited0.6% · ₹9.5 Cr
- GlaxoSmithKline Pharmaceuticals Limited0.2% · ₹3.1 Cr
Exited Exited (5)
- SKF India Limitedwas 1.3% · ₹22.8 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 Jul 2013, the weight rose most in Petroleum Products (+4.1 pts) and Cement & Cement Products (+2.7 pts), and fell most in Automobiles (−6.9 pts) and Industrial Products (−2.8 pts).
- Petroleum Products2.6% → 6.8%+4.1 pts
- Cement & Cement Products5.1% → 7.8%+2.7 pts
- Banks8.4% → 10.4%+2.0 pts
- Finance1.5% → 3.0%+1.5 pts
- Ferrous Metals2.8% → 4.2%+1.4 pts
- Realty1.1% → 2.0%+0.9 pts
- Automobiles15.7% → 8.7%−6.9 pts
- Industrial Products11.8% → 9.1%−2.8 pts
- Electrical Equipment13.7% → 11.7%−2.1 pts
- Industrial Manufacturing3.4% → 2.4%−1.1 pts
- Pharmaceuticals0.9% → 0.0%exited−0.9 pts
- Retailing7.3% → 6.9%−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 | Feb 2013 | May 2013 | Jul 2013 | Aug 2013 |
|---|---|---|---|---|
| Electrical Equipment | 12.2% | 12.9% | 13.7% | 11.7% |
| Banks | 7.8% | 8.4% | 8.4% | 10.4% |
| Industrial Products | 11.3% | 12.1% | 11.8% | 9.1% |
| Automobiles | 14.9% | 16.9% | 15.7% | 8.7% |
| Pharmaceuticals & Biotechnology | 8.0% | 7.9% | 7.2% | 8.0% |
| Cement & Cement Products | 6.7% | 4.9% | 5.1% | 7.8% |
| Retailing | 6.5% | 6.8% | 7.3% | 6.9% |
| Petroleum Products | 4.3% | 2.6% | 2.6% | 6.8% |
| Auto Ancillaries | 2.6% | 3.3% | 4.4% | 4.6% |
| Ferrous Metals | 1.1% | 0.8% | 2.8% | 4.2% |
Allocation in Aug 2013change vs Jul 2013
- Electrical Equipment (5)11.7%▼ 2.1 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 2013
4.2%
▲ 3.1 pts vs Jul 2013
- Cash alone
- 4.2%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- −<0.1% – 4.2%
- lowest to highest · record 4.2% in Aug 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.